Sign Up For Novogradac Industry Alert Emails

HUD Announces Funding Through Housing Trust Fund

Tuesday, April 5, 2016 - 11:45AM

The U.S. Department of Housing and Urban Development (HUD) yesterday announced that nearly $174 million will be made available through allocations of the National Housing Trust Fund (HTF). The HTF is an affordable housing production program created by the Housing and Economic Recovery Act (HERA) of 2008 that is capitalized through contributions by Fannie Mae and Freddie Mac. HUD expects to make indiividual allocations to states later this spring and anticipates the funds can be drawn upon as early as this summer.

See the Notes from Novogradac blog for the latest estimates of each state's HTF allocation.

Learn more about Novogradac's expertise and many services