Skip to main content

Housing Trust Fund (HTF) Program

The Housing Trust Fund (HTF) Program established under section 1338 of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended (12 U.S.C. 4501 et seq.) (the Act). In general, under the HTF program, HUD allocates funds by formula to eligible States to increase and preserve the supply of decent, safe, sanitary, and affordable housing, with primary attention to rental housing for extremely low-income and very low-income households, including homeless families.

HTF funds may be used for the production or preservation of affordable housing through acquisition, new construction, reconstruction and/or rehabilitation of non-luxury housing with suitable amenities. All HTF assisted rental housing must meet a 30-year affordability period. All HTF-assisted homeownership housing must meet the minimum affordability period of 10, 20, 30 years based on the amount of HTF funds invested.

GHURA has been granted the following funds under the Housing Trust Program (HTF) Program:

2022 - $373,610.00
2023 - $157,106.91

[Revised proposed activities from the AAP PY22 and AAP PY23] GHURA plans to collaborate with WestCare Pacific Islands (WPI) to offer affordable rental options to very low and extreme low households. WPI currently provides a range of services, including housing and targeted support, specifically designed to assist extremely and very low-income households.

GHURA anticipates under the Housing Trust Program (HTF) Program for PY2024, funds of $157,106.91. As to January 18, 2024 official HUD notice of these funds have yet to be published.

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.