The Housing and Economic Recovery Act of 2008 (HERA) established a Housing Trust Fund to be administered by HUD to provide grants to States to increase and preserve the supply of rental housing for extremely low- and very low-income families, including homeless families, and to increase homeownership for extremely low- and very low-income families. HUD has issued a proposed rule for allocating funds from the Housing Trust Fund. HUD will accept comments until February 2, 2010. Read More…