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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]
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Statewide Housing Trust Funds are a significant source of financing for affordable housing nationwide, with 20% receiving more than $25 million per year in funding and some reaching more than $100 million. Currently, 47 of 50 states in the U.S. have at least one Housing Trust Fund.
The National Community Stabilization Trust (NCST or Stabilization Trust) is a Washington, D.C.–based non-profit organization that facilitates the transfer of foreclosed and abandoned properties from financial institutions nationwide to local housing organizations to promote property reuse and neighborhood stability.
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The Champlain Housing Trust is a membership-based nonprofit, non governmental organization which creates and preserves affordable housing in northwest Vermont. [1] As of 2019 the Champlain Housing Trust is the largest Community Land Trust in the United States.