The Housing Trust Fund Project has just released “Model Approaches to Providing Homes for Extremely Low Income Households” — a report proﬁling the experiences of ﬁve State and three Local Housing Trust Funds. The report is intended to document programs and strategies that have been tried and proven effective to help advance the conversation on best approaches to providing homes for extremely low income (ELI) households in anticipation of securing funding for the National Housing Trust Fund.
The United States Department of Housing and Urban Development (HUD)’s draft regulations to implement the National Housing Trust Fund propose that all funding within the ﬁrst year of implementation be used to serve ELI households. Though the overwhelming need for ELI units is clear, developing housing for ELI households presents particular challenges that deserve examination.
Model Approaches to Providing Homes for Extremely Low Income Households outlines three approaches:
- Cross-Subsidization between higher and lower income housing,
- Supporting on-going operating and maintenance costs, and
- Providing project or tenant-based rental assistance.
The report proﬁles programs in
- Chicago, Illinois,
- New Jersey,
- North Carolina,
- Portland, Oregon,
- Seattle, Washington,
- Washington, and
- Washington DC.
To download the report, click here.
The Housing Trust Fund Project would like to acknowledge the generosity of the agencies and organizations whose staff participated in interviews and provided background information. Model Approaches to Providing Homes for Extremely Low Income Households was made possible with support from the Oak Foundation and the Butler Family Fund.