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The U.S. Housing and Urban Development (HUD) Department is responsible for administering the National Housing Trust Fund. When funded, states or their designated entities (for example, Housing Finance Commissions) are eligible to receive funding through formula grants based on population and need.
The National Housing Trust Fund was passed as part of the Housing and Economic Recovery Act of 2008. In 2016, the trust fund started providing grants to states to increase the supply of rental housing for extremely low income households. [9] NLIHC continues to advocate for increased financial support to the National Housing Trust Fund. [10]
Non-profit housing developers build affordable housing for individuals under-served by the private market. The non-profit housing sector is composed of community development corporations (CDC) and national and regional non-profit housing organizations whose mission is to provide for the needy, the elderly, working households, and others that the private housing market does not adequately serve.
Skid Row Housing Trust, a pioneer in the decades-old movement to revive aging downtown real estate as homeless housing, has been working with other housing providers to take over its 29 buildings.
The New York State Housing Finance Agency (HFA) is a New York State public-benefit corporation created in 1960 to increase the supply of rental housing for low-income people by issuing bonds and providing low-interest mortgage loans to regulated housing companies. [1] The Housing Trust Fund Corporation (HTFC) focuses on the broader goal of ...
The National Act of 1934, H.R. 9620, Pub. L. 73–479, 48 Stat. 1246, enacted June 27, 1934, also called the Better Housing Program, [1] was part of the New Deal passed during the Great Depression in order to make housing and home mortgages more affordable. [2]
National Housing Bank (NHB), is a regulatory body for overall regulation and licensing of housing finance companies in India. It is under the jurisdiction of Ministry of Finance, Government of India. [2] [3] It was set up on 9 July 1988 under the National Housing Bank Act, 1987. NHB states it has been established with an objective to operate as ...
The South Australian Housing Trust (SAHT) is an independent statutory authority originally established by the Government of South Australia responsible for providing low-cost rental housing to working people and their families, as a means of supporting industrial development in the state prior to World War II. Following the end of the war its ...