Memo to Members and Partners Articles

HUD Announces $174 million For First Year of NHTF

At the NLIHC 2016 Policy Forum (see related article in this Memo to Members), HUD Secretary Julián Castro officially announced that nearly $174 million will soon be available for the inaugural allocation of dedicated resources for the National Housing Trust Fund (NHTF). Secretary Castro said that…

Sequester Hits NHTF, NLIHC Update State Allocation

NLIHC has learned that an unfortunate provision in the Budget Control Act of 2011, the law that created the sequester, will take a 6.9% cut out of the National Housing Trust Fund (NHTF) and the Capital Magnet Fund (CMF) along with numerous other mandatory programs in FY17. Based on Fannie Mae and…

HUD Secretary Addresses NHTF Schedule

At the Senate Appropriations Subcommittee on Transportation, Housing and Urban Development, and Related Agencies (THUD) hearing on March 10 (see article below), HUD Secretary Julián Castro discussed the schedule for distribution of the NHTF. In response to a question from Senator Brian Schatz (D-HI…