Reblogged from On the Home Front: Yesterday, NLIHC released Out of Reach 2012: America’s Forgotten Housing Crisis. This report highlights the gap between wages renters actually earn, and what they would need to earn to afford the rent and utilities for a modest two-bedroom apartment in their state. As a part of our release, we held […]
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Tag Archives: National Housing Trust Fund
Latest data shows TX minimum wage earners can’t afford half the rent on a typical apartment
March 13, 2012 
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According to a national report released today, the Housing Wage for Texas is $15.88. The Housing Wage is the hourly wage a family must earn – working 40 hours a week, 52 weeks a year – to be able to afford the rent and utilities for a safe and modest home in the private housing […]
Read more President Obama proposes $1B for National Housing Trust Fund
February 1, 2012 Comments Off
The White House this morning released details of President Obama’s, “Plan to Help Responsible Homeowners and Heal the Housing Market.” Included in the plan is notice that the Administration will request $1 billion in the budget to fund the National Housing Trust Fund. The White House press release says… … the Budget will provide $1 […]
Read more Housing coalition responds to House committee vote to repeal National Housing Trust Fund
August 4, 2011 Comments Off
Earlier I posted the audio of the July 12 House committee hearing on repeal of the National Housing Trust Fund. In the course of the debate before the committee a number of arguments were raised against the National Housing Trust Fund that were strongly disputed by defenders of the trust fund. On Tuesday the National […]
Read more Listening to Congress debate housing is a sobering experience
July 16, 2011 1 Comment
Every now and then it is worth listening in on Congressional debate on housing legislation. Not that it is usually profound or a good way to understand the details of what the legislation would actually do, but it is a way to see how members of Congress frame their arguments to appeal to their constituents. […]
Read moreUS House Subcommittee Votes to Eliminate Housing Trust Fund — Rooflines
July 14, 2011 Comments Off
A House subcommittee voted to stamp out the National Housing Trust Fund this week, signaling a very difficult road ahead for fund advocates. Of course, the fund, a flagship objective of the National Low Income Housing Coalition, has never actually been capitalized, and this latest development could prolong the three-year effort to support the fund—the […]
Read moreThe president hears a type of story that we hear every day
February 11, 2009 Comments Off
At his town hall meeting on Tuesday in Fort Myers Florida President Obama was confronted by Ms. Hughes, a woman with a type of problem that we are confronted with a daily basis. Homeless, she told him that she needed a place to live with a real kitchen and a bathroom. Ms. Hughes told him […]
Read moreProposed simulus bill fails to address low income housing adequately
February 7, 2009 Comments Off
The version of the stimulus package being considered by the Senate is a disappointment to those who had hoped that the bill would address long postponed affordable housing needs. While the bill would offer a $15,000 tax credit to those who buy a new home, for the millions of families who are too poor to […]
Read moreFlorida Housing Trust Fund raided to balance state budget
January 16, 2009 Comments Off
The Orlando Sentinel reports that the Florida Legislature raided the Florida Housing Trust Fund to cope with the state’s budget shortage. The Florida HTF is the largest and most successful state housing trust fund in the nation. The article is worth reading. Also worth reading is the profile of House Financial Services Committee Chair Barney […]
Read moreNational housing advocates urge changes to economic stimulus bill
January 15, 2009 Comments Off
The National Low Income Housing Coalition is urging changes to the draft economic stimulus bill. Support Needed for National Housing Trust Fund, Vouchers, and Emergency Shelter Grants Take Action! Ask Your Representative To Sign “Dear Colleague Letter” Representative Gwen Moore (D-WI) is circulating a “Dear Colleague” letter asking other members of the House to join […]
Read moreNational Housing Trust Fund bill passed by Congress!
July 27, 2008 Comments Off
On Saturday the Senate concurred in House amendments to HR 3221, “The Federal Housing Finance Regulatory Reform Act of 2008”. The bill contains provisions enacting the National Housing Trust Fund (NHTF). President Bush has indicated he will sign the bill into law. The bill establishes a housing trust fund at the federal level with a […]
Read moreJust how crazy can the WSJ editorial page be? Check out the attack on the housing trust fund.
July 15, 2008 Comments Off
On July 8 the Wall Street Journal editorial page let loose on the National Affordable Housing Trust Fund in an editorial that raises the bar for disingenuous rants. The editorial blasted the trust fund claiming, “while it sounds innocuous, in practice it amounts to a new tax to create a permanent subsidy for state governments […]
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