May 4, 2016
HUD ALLOCATES $174 MILLION THROUGH NEW HOUSING TRUST FUND
First-ever allocations to help States produce affordable housing

 

WASHINGTON – For the first time ever, the U.S. Department of Housing and Urban Development (HUD) today allocated nearly $174 million through the nation’s Housing Trust Fund. The Housing Trust Fund is a new affordable housing production program that will complement existing Federal, state and local efforts to increase and preserve the supply of decent, safe, and sanitary affordable housing for extremely low- and very low-income households, including families experiencing homelessness.  Read more: http://portal.hud.gov/hudportal/HUD?src=/press/press_releases_media_advisories/2016/HUDNo_16-068