NAHRO, Partners Respond to the Washington Post's Coverage of the HOME Program
NAHRO and its partners recently submitted the following letter to the editor of the Washington Post:
The undersigned national organizations representing elected officials and housing practitioners are strong supporters of the HOME Investment Partnerships Program. We are disappointed that the Post’s recent reporting on the program has favored misleading, blanket assertions while ignoring HOME’s twenty-year track record of success providing decent, safe and affordable housing opportunities for millions of low- and moderate-income Americans.
Simply put, HOME works. Since its inception under the George H.W. Bush administration, HOME has financed over one million units of affordable housing. Every HOME dollar leverages four additional dollars, with more than $80 billion leveraged over two decades. This investment in affordable housing improves lives, transforms neighborhoods, and strengthens local economies. Given our nation’s burgeoning economic recovery and persistent affordable housing shortage, HOME funding is needed now more than ever.
Finally, while we stand ready to work with HUD to ensure that every dollar of HOME funding is used responsibly, it must be noted that the overwhelming majority of practitioners administering HOME funds are dedicated public servants who care deeply about the families and communities they serve. They know there is no shortage of HOME success stories. We encourage the Post to seek out and share those stories with its readers.