The Housing Trust Fund : Background and Issues

Author / Creator

Library of Congress. Congressional Research Service

Available as

Online

Summary

This report is one in a series of updates. For the most recent coverage of this report series, please see 12-R4-0781b in the 2012 issue. Provides background on creation of affordable housing funds ...

This report is one in a series of updates. For the most recent coverage of this report series, please see 12-R4-0781b in the 2012 issue.

Provides background on creation of affordable housing funds under P.L. 110-289, the Housing and Economic Recovery Act, which requires that FNMA and Federal Home Loan Mortgage Corp. contribute to new affordable housing fund for owner-occupied and rental housing. Reviews formula allocation, funding distribution, eligible uses, and restrictions and requirements; and examines current funding issues.

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