Pugh's achievements included some forays into redeveloping west Baltimore, the creation of an affordable housing trust fund
and free tuition to Baltimore City Community College for city school graduates.
The $29.7 million development also received funding from West Orange's Affordable Housing Trust Fund
Finance & Commerce reported in July that Reuter Walton is seeking federal low-income housing tax credits, a Minnesota Housing Finance Agency deferred loan, and a loan from the city's Affordable Housing Trust Fund
Program for its project.
It also calls for the creation of an affordable housing trust fund
and that 20 percent of all future bond elections be earmarked for low-income homes.
- He also created the affordable housing trust fund
in the city.
The project funding sources are: MassHousing ($1.75 million for permanent loan, $8.1 million for bridge loan, $2,006,047 for deferred payment loan and $1 million for affordable housing trust fund
), Massachusetts Housing Investment Corp.
Other questions remain as to property size and whether fees go through an Affordable Housing Trust Fund
Provide funding for an affordable housing trust fund
for the first time and increase funding for rental assistance: While given the green light by Congress in 2008, the Housing Trust Fund has fallen short because it hasn't been provided resources to help families.
Monaco Towers is expected to provide $700,000 to the city's Affordable Housing Trust Fund
. It will also create 400 construction jobs, a percentage of which will be dedicated to city residents in apprenticeships with building unions.
First, the law provides for the development of a national affordable housing trust fund
that will be funded by a percentage of the profits from government sponsored enterprises (GSEs).
* An Affordable Housing Trust Fund
was established to build, rehabilitate, and maintain affordable housing, including rental housing, in communities for individuals and families with incomes that are less than 50 percent of the area median income.