Memo to Members and Partners Articles
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…
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…
Based on their annual 10K reports filed with the Securities and Exchange Commission during the week of February 15, Fannie Mae and Freddie Mac together will transfer $186.6 million to the Federal Treasury for the National Housing Trust Fund (NHTF). The Federal Housing Finance Agency will determine…