Introduction Excerpt:
With this report, the Housing Trust Fund Project decided to probe a little deeper with housing trust funds that specifically target programs and/or funding to producing or preserving housing for ELI households. While many housing trust funds across the country serve ELI households through a variety of approaches, including homelessness prevention and assistance, transitional housing, and rent, utility, and home repair assistance, this report focuses on three welldefined strategies that emerged from our review and conversations with housing trust fund advocates and administrators that align with the permissible uses of the National Housing Trust Fund:
1. Cross-subsidization between higher and lower income housing;
2. Funding operating and maintenance expenses, and
3. Providing project or tenant-based rental assistance.