Improve Leverage Requirements in HUD Grant Programs

Housing Programs

Resolved that NAHB urge the Department of Housing and Urban Development (HUD) to encourage housing project sponsors who use HOME and Community Development Block Grant funds to achieve maximum leveraging of public dollars.

Further resolved that NAHB urge Congress to eliminate or substantially reduce the amount of funding allocated as set-asides for special purposes under the Community Development Fund and increase the amount of funding allocated to formula grants.

Resolution originally adopted: 2004.10, Resolution No. 7

Committee with primary jurisdiction:

  • Federal Government Affairs Committee
  • Housing Finance Committee
Full Resolution The full text of this resolution is available for download