RealEstateRama Authors Posts by NLIHC
NLIHC commends the Federal Housing Finance Agency’s (FHFA’s) decision to continue Fannie Mae and Freddie Mac’s (the enterprises’) contributions to the national Housing Trust Fund (HTF), the first new federal housing resource in a generation that exclusively serves the lowest income seniors, people with disabilities, families with children, and people experiencing and at risk of homelessness
The Disaster Housing Recovery Coalition (DHRC) of over 650 national, state and local organizations, led by the National Low Income Housing Coalition (NLIHC), commends Congress for passing a disaster relief bill today that provides robust resources to help communities rebuild and recover from the recent hurricanes and wildfires.
More than 340 national, state, and local members of the Disaster Housing Recovery Coalition (DHRC) issued a letter to Congress urging the immediate passage of a robust disaster relief bill that includes basic safeguards and housing resources to help low income seniors, people with disabilities, families with children, veterans, people experiencing homelessness, and other vulnerable populations recover and rebuild after the 2017 hurricanes and wildfires
The Trump administration is seeking to impose work requirements and rent increases on millions of low income families who receive federal housing assistance, according to draft legislation authored by the Department of Housing and Urban Development (HUD). The proposal would leave even more low income people—including seniors, people with disabilities, veterans, children, and other vulnerable populations—without a stable home, making it harder for them to climb the economic ladder to achieve financial security and live with dignity
The infrastructure proposal unveiled by President Donald Trump yesterday in his State of the Union Address misses an opportunity to address one of greatest barriers to America’s economic growth: the lack of affordable rental homes for people with the lowest incomes.
Hundreds of Organizations Call on FEMA to Address Critical Housing Needs of Disaster-Impacted Families
More than 250 national, state, and local organizations called on FEMA to implement proven disaster-recovery housing solutions like the Disaster Housing Assistance Program (DHAP) for families with the lowest incomes. They note that the need for DHAP is underscored by FEMA’s recent decision to abruptly end its Transitional Shelter Assistance (TSA) for displaced Puerto Rican families in Connecticut
Civil Rights, Housing, and Community Development Organizations Call on HUD to Maintain a Critical...
Seventy-six national civil rights, faith-based, affordable housing, and other organizations have voiced their strong opposition to HUD’s sudden and short-sighted decision to effectively suspend the Affirmatively Furthering Fair Housing (AFFH) regulation.
When I reflect on the tremendous challenges facing low income people throughout the country, I am reminded of a story from last summer when a family swimming at the beach was caught in a strong riptide, swept away from the shore by powerful ocean currents. A few brave individuals attempted to save them, only to be pulled into danger themselves as horrified bystanders watched. There was no rescue equipment nearby and no lifeguards on duty. PRESS CONTACT Renee Willis Vice President for Field & Communications (202) 662-1530 x247 email@example.com
Statement by National Low Income Housing Coalition President and CEO Diane Yentel —Congress Should...
The emergency relief bill, passed by the House today, is an important step in providing communities devastated by this year’s hurricanes and wildfires with the critical resources they need to continue to rebuild and recover.
The final tax bill passed by the Senate yesterday and the House today fails to expand housing resources for people with the lowest incomes, but instead provides massive tax cuts to wealthy individuals and corporations, increases the national debt by at least $1 trillion over a decade, and threatens vital safety net programs like Medicaid, Medicare, and those for affordable housing and homelessness prevention.
While the preservation of Low Income Housing Tax Credits and Private Activity Bonds avoids an immediate devastating impact on affordable housing, this bill will exacerbate our country’s already yawning income inequality and will harm efforts to end homelessness and housing poverty. An estimated 64% of the bill’s benefits go to the top 1% of earners, at a cost to the country of over $1 trillion.
The House Financial Services Committee will vote next week on a bill – introduced by Congressman French Hill (R-AR) – that includes a provision to hold hostage the national Housing Trust Fund, a program that helps America’s lowest income seniors, people with disabilities, families with children, and veterans afford to keep a roof over their heads, until Congress passes legislation to reform Fannie Mae and Freddie Mac. While NLIHC looks forward to working with Congress to enact bipartisan housing finance reform legislation that ensures housing access and affordability for American families, it strongly opposes using critically needed housing resources for struggling families as a bargaining chip
Senate Republicans approved a tax plan today that, if enacted, would harm millions of the lowest income seniors, people with disabilities, families with children, veterans, and other at-risk populations in need of federal investments to help them afford a roof over their heads. With this vote, Republicans in Congress are one step closer to providing massive, unpaid-for tax cuts for the rich and powerful, draining resources needed for other critical investments, including affordable housing.
According to the Congressional Budget Office, the Republican tax bill would trigger the “Statutory Pay-As-You-Go Act” of 2010. This Act was designed to limit increases to the national debt by forcing automatic cuts to critical programs, including those that help low income families meet their basic needs. If enacted, the Republican tax bill would trigger automatic cuts to the national Housing Trust Fund (HTF), a program that makes rental homes affordable for people with the greatest and most acute housing needs.
Comprehensive tax reform offers a once-in-a-generation opportunity to address one of the biggest barriers to economic success for families struggling to get by: the lack of decent, accessible and affordable homes for the lowest income people. Nationally, there are just 35 homes affordable and available to every 100 of the lowest income families. Due to chronic underfunding of critical affordable housing programs, just one in four low income households in need receives any assistance.