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HUD Allocates Nearly $700 Million For Affordable Housing

HUD Allocates Nearly $700 Million For Affordable Housing

WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) on Tuesday announced the allocation of $689,565,492.92 through the nation’s Housing Trust Fund (HTF) for affordable housing. The Housing Trust Fund was launched in 2008 as an affordable housing production program that complements existing federal, state, and local efforts to increase and preserve the supply of decent, safe, and sanity affordable housing for low- and extremely low-income households, including families experiencing homelessness.

See here for list of state allocations.

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