A Workbook for Creating a Housing Trust Fund

Creating a housing trust fund – The Housing Trust Fund Project is a special project for Community Change.

The Project acts as a clearinghouse of information on housing trust funds throughout the United States and assists organizations and agencies working to create, implement or expand these funds.

Housing trust funds are an exciting new model for funding critically needed affordable housing. Housing trust funds were created as early as the mid-1970s, but they did not really become a trend until the late 1980s and into the 1990s.

There are now nearly 150 housing trust funds in cities, counties and states. Altogether they have spent nearly $1.5 billion building and preserving almost 200,000 units of affordable housing.

Housing trust funds provide a very flexible way for governments to commit resources to provide decent affordable housing. They have generated needed funds, addressed critical housing needs and created new partnerships to build long-term support for housing.

For more: Housing trust fund