Friday, May 21, 2010

Call to support the National Housing Trust Fund

Call 877-210-5351, the toll-free number for the Congressional switchboard, and ask to be connected your Senators' offices. To find your Members of Congress, click here. Once connected, please ask for the housing staff person and relay the following message:

Our community needs a National Housing Trust Fund to help build, rehabilitate and preserve housing for people with the lowest incomes. I understand that H.R. 4213, the tax extender bill, is expected to include $1 billion for the initial NHTF funding and $65 million for project-based vouchers to support NHTF homes. Please work to ensure that this much-needed funding for the National Housing Trust Fund is included in the bill, and please support H.R. 4213 when it comes up for a vote.

After calling your Senators, call your Representative with the same message. Thank you.

Details:
Funding for the National Housing Trust Fund is expected to be included in H.R. 4213, the American Jobs, Closing Tax Loopholes, and Preventing Outsourcing Act, which will be brought to the floor of the House of Representatives during the week of May 17. The bill will include $1 billion as the initial NHTF capitalization and $65 million for project-based vouchers to be coupled with capital grants.
The Senate could take up the bill this week as well; if not, the Senate is expected to complete the bill before the Memorial Day recess.

H.R. 4213 is more commonly known as the tax extender bill. Both the House and Senate have previously passed extender bills. H.R. 4213 includes additional amendments, including the National Housing Trust Fund, and thus must be voted on by both chambers again.

The bill was developed by the Ways and Means Committee in the House and the Finance Committee in the Senate. The bill would extend unemployment benefits and more than 50 special tax breaks that expired at the end of 2009. The total cost will be around $100 billion. Some, but not all, of the cost will be offset by closing tax loopholes and increasing some taxes.

For More Information:
Click here to read NLIHC's press release on the sign-on letter. Click here to see the NHTF sign-on letter and list of signatories. Haven't signed the letter yet? You still can. Click here.

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