HUD has released it’s Housing Trust Fund (HTF) allocations for FY 2020. Allocations for FY 2020 total $322,564,267. Funds are distributed to states via formula, with larger states receiving more funding. All states receive at least $3 million. Larger states, such as California, New York, Texas, and Florida received $50.8 million, $29 million, $16.5 million, and $14.4 million respectively. Housing Trust Fund dollars can be used to increase and preserve the supply of rental housing for extremely low-income families with incomes between 0 and 30 percent of area median income (AMI) and very low-income families with incomes between 30 and 50 percent of AMI, including homeless families. HTF dollars can also be used for increasing homeownership for extremely low-income and very low-income families.
A full list of state awards can be found here.