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Housing Trust Funds
Housing trust funds (HTFs) are organizations
or programs that receive dedicated revenue that is used to produce or
preserve affordable housing. There are more than 300 HTFs
throughout the United States and between 30 and 40 in California.
Most are government agencies, though a number are nonprofit
corporations. Many HTFs are created after a dedicated revenue
source is identified or approved. Others are created first,
and then seek dedicated revenues.
The long running effort to create a
National Housing Trust Fund was recently successful. While few people realize it, the
State of California has long had a housing trust funds - it just
doesn't get funded. Prop 46 and Prop 1C included funds for the
Local Housing Trust Fund Matching Grant Program.
This page was developed to provide a broad
resource for people who are interested in housing trust funds. It
includes local, state and national links to housing trust funds, housing
trust fund campaigns and research material. |