Press Room
NAHRO's Statement on Introduction of the National Affordable Housing Trust
Fund Act
Contact: Mary Barron, 202-289-3500
ext. 7223
WASHINGTON, June 28-- The National Association of Housing and Redevelopment
Officials (NAHRO) welcomes the introduction of the National Affordable Housing
Trust Fund Act and applauds House Financial Services Chairman Barney Frank,
Rep. Maxine Waters, Rep. Jim Ramstad, and Rep. Christopher Shays for their leadership
on this historic bipartisan legislation.
In addition to our ongoing efforts to preserve funding for important federal
housing and community development programs, particularly the Public Housing,
Housing Choice Voucher, and Community Development Block Grant programs, NAHRO
vigorously supports the creation of a new and viable federal program to enable
the production, rehabilitation, and preservation of affordable housing for low-income
families. To that end, NAHRO and its members have strongly supported the inclusion
of an affordable housing fund within the Government Sponsored Enterprise oversight
reform bill (H.R. 1427) recently passed by the House. Local agencies have and
can continue to play a vital role in meeting unmet housing needs of low and
moderate income families in communities across the country. A dedicated funding
source to accomplish this objective will further and enhance their ability to
make meaningful progress in meeting our nation's housing needs.
We will review this legislation with our members and welcome the opportunity
to share our comments and suggestions with the bills sponsors. NAHRO looks forward
to working with Chairman Frank, Representative Waters, members of Congress and
our colleagues in the housing and community development community on this critical
issue.
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