On June 5, HUD will allocate more than $266 million in FY 2018 formula funds to eligible grantees of the National Housing Trust Fund (HTF) program. The HTF is a non-appropriated federal resource that complements existing Federal, State and local efforts to preserve and expand the nation’s supply of affordable homes for very low-income (VLI) and extremely low-income (ELI) households, as well as families experiencing homelessness. Authorized in 2008, lawmakers sought to establish a permanent source of affordable housing funding through annual contributions from Fannie Mae and Freddie Mac (GSEs). Eight years later, the HTF was finally capitalized through its inaugural FY 2016 allocations. HTF grantees include the 50 states, District of Columbia, and five U.S. Insular Areas. Grantees may distribute funds through subgrantees (a unit of general local government or State agency) or directly fund projects proposed by eligible recipients (including PHAs), or a combination of both.

 FY 2018 Housing Trust Fund Allocations
State / Territory FY18 Allocation % Change (FY17 to FY18)
California $36,616,277 58%
New York $22,171,681 50%
Texas $12,279,085 39%
Florida $10,442,914 36%
Illinois $9,812,230 37%
Pennsylvania $7,759,948 32%
New Jersey $7,726,903 38%
Ohio $6,971,712 27%
Michigan $6,004,558 24%
Massachusetts $5,720,333 24%
North Carolina $5,874,191 32%
Georgia $5,705,499 29%
Washington $5,197,313 26%
Virginia $4,672,562 22%
Wisconsin $4,117,505 18%
Indiana $3,937,462 17%
Missouri $3,970,270 18%
Arizona $3,997,777 21%
Tennessee $3,688,511 17%
Colorado $3,563,587 13%
Oregon $3,654,189 16%
Minnesota $3,445,781 10%
Maryland $3,578,771 17%
Connecticut $3,269,474 9%
Louisiana $3,068,829 2%
South Carolina $3,007,655 0%
Alabama, Alaska, Arkansas, Delaware, District Of Columbia, Hawaii, Idaho, Iowa, Kansas, Kentucky, Maine, Mississippi, Montana, Nebraska, Nevada, New Hampshire, New Mexico, North Dakota, Oklahoma, Rhode Island, South Dakota, Utah, Vermont, West Virginia, Wyoming $3,000,000 (Required State Minimum)
Puerto Rico $1,253,357 42%
American Samoa $11,995 54%
Guam $97,028 54%
Northern Marianas $53,415 54%
Virgin Islands $104,591 54%
Total $266,775,403 22%

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