Fact Sheets and FAQs
The Low Income Housing Tax Credit (Housing Credit) is a federal tax credit created by President Reagan and Congress in the Tax Reform Act of 1986 designed to encourage private sector investment in the new construction, acquisition, and rehabilitation of rental housing affordable to low-income households. Over the last three decades, the Housing Credit has become the most successful affordable rental housing production program in history.
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?
The HOME Investment Partnerships Program (HOME) provides grants to state and local governments to produce affordable housing for low‐income families. States and localities target flexible HOME funds to the particular needs of their communities.
Provides program funding levels for select HUD and USDA programs.