NLIHC released today a new report, State & Local Housing Trust Fund. The report summarizes findings from a national survey of state and local housing trust funds distributed to administrators in February and March of 2025.
Additionally, NLIHC has curated a virtual hub for best practices and key elements of housing trust funds.
Background
The Housing Trust Fund Project was initiated by Mary Brooks at the Center for Community Change in 1986 and has served as a comprehensive resource on housing trust funds across the country for nearly four decades. In 2024, NLIHC assumed stewardship of the Housing Trust Fund Project to support state and local efforts in advancing housing trust fund initiatives.
Housing trust funds are established by elected government bodies—at the city, county, or state level—when a source or sources of public revenue are dedicated, by ordinance or law, to a distinct fund with the express and limited purpose of providing affordable housing.
Housing trust funds are flexible and can be used to support innovative approaches to addressing various housing needs. Its model is highly adaptable to a wide range of situations and serve communities across varying states and localities. Housing trust funds are also efficient, reporting highly successful track records addressing a multitude of critical housing needs.
Visit NLIHC’s Housing Trust Fund Project Virtual Hub
The virtual hub provides an overview of current and state-specific efforts to advance the housing trust fund initiative. The virtual hub offers comprehensive best practices, including information on the distribution of funds, oversight and reporting, eligible uses and applicants, and more.
View the complete State & Local Housing Trust Fund report and interactive elements of the Housing Trust Fund Project at: https://nlihc.org/housing-trust-fund-project
For questions, please contact Tori Bourret, at [email protected].