Memo to Members and Partners Articles
HUD has posted the 2016 homeownership value limits (the “95% limits”) for the National Housing Trust Fund (NHTF) and HOME Investment Partnerships (HOME) programs.
According to the NHTF statute, a state may devote no more than 10% of its annual NHTF allocation for homeowner activities, which…
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…
On March 23, Ranking Member of the House Committee on Financial Services Maxine Waters (D-CA) introduced legislation to provide significant resources to end homelessness in the United States. The bill would dramatically increase resources for McKinney-Vento Homeless Assistance grants, Section 8…
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…