April 4, 2014 The Honorable Tim Johnson Chairman Committee on ...

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Apr 4, 2014 - Innovative Housing Institute. Lutheran ... Sisters of Mercy of the Americas, Institute Justice Team. Stewa
April 4, 2014 The Honorable Tim Johnson Chairman Committee on Banking, Housing, and Urban Affairs U.S. Senate Washington, DC 20510 The Honorable Mike Crapo Ranking Member Committee on Banking, Housing, and Urban Affairs U.S. Senate Washington, DC 20510 Dear Chairman Johnson and Ranking Member Crapo, The undersigned supporters of the National Housing Trust Fund (NHTF) write to wholeheartedly thank you for creating a robust dedicated source of revenue for the NHTF in your draft Housing Finance Reform and Taxpayer Protection Act of 2014. We are grateful that you have prioritized the housing needs of very poor Americans in your bill. We pledge to support your efforts on the NHTF as the legislation moves forward. As you know, there is a nationwide shortage of seven million rental homes that are affordable and available to extremely low income households, those with incomes at or below of 30% of the area median. The primary purpose of the NHTF is to build, preserve, rehabilitate, and operate rental housing affordable to these families. We commend you for retaining the principle that the housing finance industry should be assessed a modest amount to support housing activities that the market does not, specifically housing that the poorest families can afford. You also are continuing a long tradition of bipartisan agreement that helping the most vulnerable citizens is a proper function of government. The bill as drafted would direct to the NHTF 75% of the 10 basis point fee assessed on users of the new housing finance system, estimated to be $3.75 billion a year. This would be the most significant new investment in rental housing affordable to America’s neediest families in forty years. The NHTF dollars, which will be administered as a block grant to states from HUD, will be a “game-changer” in the ability of states to assure decent and affordable homes for their residents who are elderly, have c/o National Low Income Housing Coalition 727 15th Street NW, 6th Floor, Washington, DC 20005 202.662.1530 ∙ www.nlihc.org

disabilities, are homeless, or are low wage working families. Further, your addition of a tribal set-aside within the NHTF will make a real difference in addressing the severe unmet housing needs in Indian Country. We fully endorse this change to the NHTF statute. We thank you for your commitment to supporting affordable rental housing for the poorest and most vulnerable households in America. We look forward to working with you to develop your historic legislation that will create a housing finance system for the future that supports the full range of housing needs of Americans, especially those who have the least. Sincerely, National Organizations ACCSES The Arc of the United States Campaign for Community Change Coalition on Human Needs Community Action Partnership Consortium for Citizens with Disabilities, Housing Task Force Corporation for Supportive Housing Council of Large Public Housing Authorities Elderly Housing Development & Operations Corporation Enterprise Community Partners Family Promise First Focus Campaign for Children Friends Committee on National Legislation Global Green USA Housing Assistance Council Innovative Housing Institute Lutheran Services in America Lutheran Services in America Disability Network Mercy Housing, Inc. NAACP National Advocacy Center of the Sisters of the Good Shepherd National AIDS Housing Coalition National Alliance of Community Economic Development Associations National Alliance of HUD Tenants National Alliance on Mental Illness National Alliance to End Homelessness National Association of Councils on Developmental Disabilities National Caucus and Center for Community Economic Development National Center for Healthy Housing National Center for Housing and Child Welfare National Coalition for Asian Pacific American Community Development National Coalition for the Homeless National Community Development Association National Community Land Trust Network 2

National Council on Independent Living National Disability Rights Network National Fair Housing Alliance National Health Care for the Homeless Council National Housing Law Project National Law Center on Homelessness & Poverty National Leased Housing Association National Low Income Housing Coalition National Manufactured Home Owners Association NETWORK, A National Catholic Social Justice Lobby Paralyzed Veterans of America Poverty and Race Research Action Council Practitioners Leveraging Assets for Community Enhancement Provincial Council of the Clerics of St. Viator (Viatorians) Right to the City Alliance Sisters of Mercy of the Americas, Institute Justice Team Stewards of Affordable Housing for the Future Technical Assistance Collaborative Union for Reform Judaism Volunteers of America Xaverian Brothers State and Local Organizations Alaska Coalition on Housing and Homelessness Aleutian Housing Authority Anchorage Neighborhood Health Center Bering Straits Regional Housing Authority Christian Health Associates Cook Inlet Housing Authority Easter Group Hydaburg Cooperative Association Kenaitze/Salamat of TDHE Love, Inc. of the Kenai Peninsula Love, Inc. Family Hope NEST Homeless Shelter Nome Emergency Shelter Team Rural Alaska Community Housing Program, Inc. Alabama Arise Arbour Valley Development C-III Consultants Corporation Collaborative Solutions, Inc. Community Service Programs of West Alabama, Inc. Greater Birmingham Ministries Low Income Housing Coalition of Alabama Partners in Progress 3

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