The Housing Trust Fund (HTF) is a unique federal program authorized by the Housing and Economic Recovery Act of 2008 (HERA) to increase and preserve the supply of housing for people with the lowest incomes, including families experiencing homelessness. HTF is not subject to appropriations; instead, HERA requires Fannie Mae and Freddie Mac (the GSEs) to transfer a modest percentage of their new business to finance the Housing Trust Fund. Advocating for HTF, including a dedicated, sustainable funding source for HTF, is one of NCSHA’s Legislative Priorities.
- To find local housing assistance, please contact your state’s Housing Finance Agency (HFA).
- To learn more about NCSHA’s advocacy work in this area or to attend a related education event, complete the general inquiry form.
- Members of the media, please contact Lisa Bowman, Director of Marketing and Communications, at email@example.com.
- September 26, 2018Senator Warren Introduces Expansive Affordable Housing Bill; Would Authorize New Money for Housing Trust Fund, New HFA Grant Program
Senate Banking Committee member Elizabeth Warren (D-MA) introduced today legislation, the American Housing and Economic Mobility Act, to authorize $500 billion for affordable housing programs over the next 10 years.
- February 9, 2018Trump Administration Releases FY 2019 Budget Proposal Eliminating HOME and Other Federal Housing Programs
On February 12, the Administration sent Congress its formal Fiscal Year (FY) 2019 Budget request, “Efficient, Effective, Accountable: An American Budget”.
- December 13, 2017House Financial Services Committee Reports Bill on GSE Dividends, Housing Trust Fund
Earlier today, the House Financial Services Committee passed the Jumpstart GSE Reform Act, H.R. 4560, a bill introduced by Representative French Hill (R-AR) that prohibits Fannie Mae and Freddie Mac (the GSEs) from making contributions to the Housing Trust Fund (HTF) and Capital Magnet Fund (CMF) for any year that they fail to transfer all of their profits each quarter to Treasury, as the existing preferred stock purchase agreements (PSPA) between the GSEs and Treasury require.
Housing Trust Fund - Resources
- May 3, 2018Housing Trust Fund (HTF) Allocations by State, 2016-2018
Housing Trust Fund (HTF) allocations from 2016 to 2018 listed by state.
- January 5, 2018Housing Trust Fund FAQ
What is the Housing Trust Fund? | Whom does HTF serve? | How does HTF work? | Who administers HTF? | How is money allocated to the Housing Trust Fund? | What should Congress do to improve HTF?
- May 16, 2016Joint Center for Housing Studies of Harvard University | The State of the Nation’s Housing 2015
One telling indicator of the state of the nation’s housing is the drop in the homeownership rate to just 64.5 percent last year, erasing nearly all of the increase in the previous two decades. The number of homeowners fell for the eighth straight year, signaling persistently weak demand in this key market segment. And the trend does not appear to be abating, with the national homeownership rate down to 63.7 percent in the first quarter of 2015.
- 2018 NCSHA Annual Conference & Showplace | NCSHA Members Only | October 13 – 16, 2018