What is the HPTF of US government?

The Housing Production Trust Fund (HPTF) is the major tool used to produce and preserve affordable housing in the District of Columbia. It is a special revenue fund administered by DHCD’s Development and Finance Division (DFD) that provides gap financing for projects affordable to low and moderate income households.

How do housing trust funds work?

Housing trust funds are distinct funds established by city, county or state governments that receive ongoing dedicated sources of public funding to support the preservation and production of affordable housing and increase opportunities for families and individuals to access decent affordable homes.

What is a local housing trust fund?

Who qualifies for affordable housing in DC?

In its most basic terms, housing is considered affordable when a household spends no more than 30 percent of its income on housing and utilities.

What is Federal Housing Trust Fund?

Housing Trust Fund. The Housing Trust Fund (HTF) is an affordable housing production program that complements existing Federal, state and local efforts to increase and preserve the supply of decent, safe, and sanitary affordable housing for extremely low- and very low-income households, including homeless families.

What does housing fund mean?

Housing trust funds are established sources of funding for affordable housing construction and other related purposes created by governments in the United States . Housing Trust Funds began as a way of funding affordable housing in the late 1970s. Since then, elected government officials from all levels of government in the U.S. have established housing trust funds to support the construction, acquisition, and preservation of affordable housing and related services to meet the housing needs of lo

What is a Housing Trust?

Housing trust funds are established sources of funding for affordable housing construction and other related purposes created by governments in the United States (U.S.). Housing Trust Funds (HTF) began as a way of funding affordable housing in the late 1970s.