Representative Waters Introduces Bill to End Homelessness, Funds NHTF at $1.05 Billion Annually
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…
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…
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…
NLIHC Estimates of NHTF Allocations for 2016
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…
FHFA Director Mel Watt Urges Congress to Pass Meaningful Housing Finance Reform
Speaking at the Bipartisan Policy Center on February 18, Federal Housing Finance Agency Director Mel Watt again urged Congress to pass meaningful housing finance reform to end the uncertainty…
NHTF in President Obama’s Budget Request
The FY17 budget proposed by President Barack Obama cites $182 million as the amount that Fannie Mae and Freddie Mac will provide for the National Housing Trust Fund (NHTF) in 2016. This is…
Mortgage Interest Deduction Projections Down
The annual budget prepared by the Office of Management and Budget includes a report on the estimated cost of tax expenditures for the immediate past year and ten years going forward. Federal law…
HUD Notice on ConPlans Includes NHTF Allocation Plans
The HUD Office of Community Development and Planning issued a Notice on January 28 outlining the timing for states and entitlement jurisdictions to submit their FY16 consolidated plans (ConPlan),…
San Francisco Board of Supervisors Pledges to Match NHTF with City Funds
On February 2, the San Francisco Board of Supervisors unanimously passed a resolution (File# 150822) committing to match all National Housing Trust Fund (NHTF) dollars allocated to projects in San…
HUD Guidance on Using NHTF, HOME, and CDBG for Broadband Infrastructure
HUD updated its National Housing Trust Fund (NHTF) Frequently Asked Questions (FAQs) on December 30, 2015 to clarify that NHTF money may be used for installing broadband infrastructure. On the same…
Update: Mel Watt Confirmation Blocked by Procedural Vote
Thank you to everyone who reached out to their Senators and urged an up/down vote on the nomination of Representative Mel Watt (D-NC) as the next director of the Federal Housing Finance Agency (FHFA…