UPDATE: The National Housing Trust Fund will be funded! Read more.
For millions, even an affordable rental apartment is still inaccessible in the United States.
Established by state, county, or city governments, housing trust funds provide dedicated sources of funding that support the creation and preservation of affordable housing. These funds are becoming more popular, in part because the model is flexible and revenue streams are not tied to annual budget allocations, ensuring a sustained and focused effort to make housing accessible. They are also effective, bringing in millions of dollars for affordable housing that will be here for years to come.
Find sample materials that can jumpstart a discussion about housing trust funds in your area.
Learn more about the National Housing Trust Fund, which was created by the Housing and Economic Recovery Act of 2008.