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Volume 2014 - Number 14

April 10, 2014

Advocates Laud Senate Reform Bill Housing Trust Fund Provisions; House GOP Urges Continued Non-Payments

Affordable housing advocates are praising the leadership of the Senate Banking, Housing and Urban Affairs Committee for including a “robust dedicated source of revenue” for the National Housing Trust Fund in their bipartisan housing-finance reform legislation. A provision of the legislation filed by Sens. Tim Johnson, D-SD, and Mike Crapo, R-ID, would expand both the base and the rate for the National Housing Trust Fund and the Capital Magnet Fund. Current law provides...

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