Federal policy

Local capacity is built on federal resources. Federal support for affordable housing has been declining since its height in 1977. Transition to block grants and the Low Income Housing Tax Credit as the major source of funding for privately owned affordable housing. Yet LIHTC projects don’t reach very low income households as well as the old programs such as project based Section 8.

CRN’s federal policy focus is twofold: first, preservation of existing assisted housing. Section 8 continues to work, but as contracts expire over next five years, these units are at risk of market conversion. CRN monitors these units and informs legislators, tenants and community organizations about those units most at risk.

Second, as the need for affordable housing grows, will need reversal of decline in federal funding. CRN supports a national movement to create a National Housing Trust Fund.

Federal policy

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