President Donald Trump recently announced that his administration is preparing dramatic cuts to nondefense programs to help pay for a $54 billion increase in defense spending. These cuts would be on top of already very low spending caps required by law and would put affordable housing programs at significant risk. In the past, Congress has proposed to gut the HTF and to use its funding to fill holes in the HUD budget. Congress must instead ensure that all affordable housing programs—including the HTF—are fully funded.
The HTF is the only federal program designed to build and preserve housing affordable to people with the lowest incomes
All organizations and local government officials are encouraged to sign onto a letter urging Congress to protect and expand the national Housing Trust Fund.
To learn more about the HTF, see NLIHC’s factsheet at: http://nlihc.org/sites/default/files/HTF_Factsheet.pdf
The deadline to sign the letter is March 22.
Questions/Comments? Please email outreach with any questions.