HUD Announces FY 2016 Housing Trust Fund Allocations

Wednesday, May 4, 2016 - 11:45am

The U.S. Department of Housing and Urban Development (HUD) will publish in Friday’s Federal Register the fiscal year (FY) 2016 allocation amounts to states and territories from the National Housing Trust Fund (HTF). A total of $173,591,160 will be allocated, ranging from $12,321 for America Samoa to $10.1 million for California. 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.