August 2, 2011

How Did Affordable Housing Fare in This Year’s Budget?

By most calculations, very well. According to a recent Partnership for Strong Communities article, it looks like many programs geared toward affordable housing creation will get a boost. For example, the Department of Economic and Community Development will receive about $130 million over the biennium to put toward its Housing Trust Fund and Flex program, and up to 150 new permanent supportive housing units. Other recipients include the Small Town Economic Assistance Program and the Rental Assistance Program.