HUD Allocates nearly $700 Million to Housing Trust Fund

Tuesday, April 6, 2021 - 8:30am

The U.S. Department of Housing and Urban Development (HUD) today announced the allocation of $689.6 million through the national Housing Trust Fund (HTF). The HTF is capitalized through contributions by Fannie Mae and Freddie Mac. This year’s allocation more than doubles last year’s $322.6 million contribution. State allocations range from $126.6 million to California to the small-state minimum of $3.1 million to 10 states plus the District of Columbia.

The use of the HTF and other financing tools will discussed at the Novogradac 2021 Affordable Housing Virtual Conference April 29-30.