National Housing Trust Fund (NHTF) Public Input

The Georgia Department of Community Affairs (DCA) seeks public input for the agency’s administration of and priorities for the National Housing Trust Fund (NHTF). DCA is seeking public input prior to releasing a draft for public comment. This input is in addition to the existing process of public engagement for the 2018 National Housing Trust Fund. Please email any questions to NHTF@dca.ga.gov.

The NHTF is a federal program that provides funding for affordable housing for Extremely Low Income (ELI) households with incomes at or below 30% of Area Median Income. The Governor has designated the Georgia Housing and Finance Authority to administer the NHTF in Georgia. Georgia was allocated $5,705,499 in the 2018 funding cycle. As permitted by the Interim Rule, up to $570,549 will be used to offset administrative costs.

The NHTF allocation will be used to create housing affordable to extremely low- income (ELI) households with incomes at or below 30% of Area Median Income (AMI). When the total NHTF funds available are equal to or exceed $1 billion, the grantee must use at least 75 percent of its NHTF funds for the benefit of ELI families or families with incomes at or below the poverty line, whichever is greater. Any grant funds not used to serve ELI families must be used for the benefit of very low- income (VLI) households with incomes between 30% and 50% of the AMI.

Each state must develop an Allocation Plan (Plan) and adopt it as part of its Consolidated Plan and Annual Action Plans. The Plan will describe how the state will implement the NHTF and will include incentives and priorities specific to the communities where the housing will be located. The Plan will also establish application requirements and criteria for selection of recipients. In addition, the Plan may also identify preferences and prioritize properties that serve particular segments of the ELI and VLI populations (e.g., homeless individuals, individuals with a disability, etc.).

All recipients of NHTF funding must comply with the federal requirements identified at 24 CFR 93. In general, the requirements are very similar to the HOME program (located at 24 CFR 92) with the notable exception that the period of affordability for NHTF funds will be a minimum of 30 years and Davis-Bacon federal labor standards do not apply to NHTF financed developments (however, if another federal source which does require compliance with Davis-Bacon is part of the funding for a development, the labor standards will still apply to the entire transaction).