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Board endorses local match commitment for National Housing Trust Fund
Summary
The board unanimously adopted a resolution urging federal lawmakers to support the National Housing Trust Fund and urging local commitment to match funds, with sponsors and housing advocates saying the program helps very low- and extremely low-income renters.
The Board of Supervisors on Feb. 2 unanimously adopted a resolution urging increased federal support and local matching for the National Housing Trust Fund, a permanent federal program with dedicated funding intended to expand the supply of rental housing for extremely low-income and very low-income households.
Supervisor John Mar, who introduced the resolution, said it would help finance preservation and development of rental housing for households the federal definitions classify as extremely low-income (ELI, 30% of area median income or less) and very low-income (VLI, 50% of AMI or less). Mar noted that a single-person ELI household in San Francisco was roughly $23,800 in annual income under the federal definition and that local fair market rents exceed what those households can afford.
The resolution also requests that federal lawmakers, including Senators Barbara Boxer and Dianne Feinstein and Representative Nancy Pelosi, continue to support the Trust Fund and that local jurisdictions consider committing matching funds to leverage national awards. Mar thanked Community Housing Partnership, a national coalition and local housing advocates for their work on the issue.
Without debate, the board adopted the resolution unanimously.
Ending: Sponsors said the adopted resolution is a nonbinding expression of support and a call for federal and local action to increase permanent funding for housing targeted to extremely and very low-income households; the board did not appropriate local match funds in the action reported on the record.
