The National Housing Trust Fund (NHTF) was created in 2008 with the purpose of providing funds to build, rehabilitate, and repair affordable housing units for low-income people. At least 75% of the fund’s resources must produce or preserve housing affordable to extremely low income people. This was the first new housing production program since 1990 and the only one focused on housing for those with the lowest incomes.
Unfortunately, the Fund was set to receive money from Fannie Mae and Freddie Mac, which can no longer supply sufficient funds. As a result, funding has been scarce. Multiple efforts to provide funding last year failed to pass in both chambers of Congress. Legislators must work to include additional funds for the program in legislation introduced during the 113th Congress.
In Isaiah 58:7 we are taught to “Share your bread with the hungry, and bring the homeless poor into your house.” Jewish tradition teaches that it is greater to help a person become self-sufficient than it is to give the person a hand-out. Housing is a foundation upon which self-sufficiency can be built. Without a place to live, a person cannot begin to take charge of his or her life.
Urge your Representative and Senators to introduce and pass legislation that would provide funding for the National Housing Trust Fund. The Capitol Switchboard can be reached at 202.224.3121, or you can send an e-mail by entering your zip code below. For more information, please contact Eisendrath Legislative Assistant Howie Levine at 202.387.2800.