The Housing Trust Fund Project of the Center for Community Change releases 2016 National Survey of Housing Trust Funds report. There are now more than 770 city, country and state housing trust funds operating throughout the United States providing in excess of $1billion in funds in 2015 to support affordable homes. The report summarizes the findings from surveying how state, city, and county housing trust funds are operating throughout the country, including state enabling legislation for local housing trust funds. The Housing Trust Fund Project selected to highlight seven critical trends that housing trust funds are advancing to ensure affordable homes become an asset to every community. These are: providing homes for extremely low income households; preserving the investment in affordable homes; responding to the national call to address homelessness; addressing gentrification and displacement; addressing rural housing needs; addressing environmental goals; and highlighting success.
“Access to affordable homes is a necessary and fundamental aspect of every viable community and housing trust funds demonstrate that this is an achievable goal if we commit the resources to make it a reality”, encourages Mary Brooks, author of the report. Housing trust funds operating in all kinds of environments have been creative and successful in providing safe affordable homes for everyone. The Housing Trust Fund Project continues to offer its technical assistance to housing trust fund campaigns across the country as it has done since the mid-1980s. For more information, go to: www.housingtrustfundproject.org
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