Guarantee Funding for the Housing Production Trust Fund
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The Housing Production Trust Fund is DC’s best tool for building and preserving affordable housing–it has made and saved homes for thousands of Washingtonians. Mayor Bowser and the Council have done historic work by funding the HPTF at $100 million each year since the Mayor took office.
But each year the trust fund is subject to political fights in the budget process. We can’t count on always having a Council and a Mayor this committed to affordable housing. That’s why we need to make funding the HPTF an automatic part of the DC budget. What’s more, DC’s affordable housing crisis is still getting worse, and President Trump’s disastrous leadership is threatening affordable housing dollars across the country.
Councilmember Anita Bonds (At-Large) has introduced a bill to guarantee funding for the trust fund at $120 million each year. Getting this bill passed would be the biggest win for affordable housing in years! Add your voice urging Councilmember Bonds and Chairman Phil Mendelson to schedule a hearing for this important legislation!
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