Housing Trust Fund
The Housing Trust Fund (HTF) is a new affordable housing production program that will complement existing federal, state and local efforts to increase and preserve the supply of decent, safe, and sanitary affordable housing for extremely low- and very low-income households, including homeless families. The HTF was established under Title I of the Housing and Economic Recovery Act of 2008, Section 1131. HTF funds may be used for the production or preservation of affordable housing through the acquisition, new construction, reconstruction, and/or rehabilitation of non-luxury housing with suitable amenities. On January 30, 2015, HUD published an Interim Rule which provides the guidelines for States to implement the HTF.
As a result, IHCDA is tasked with using the HTF to increase the supply of decent, safe and sanitary housing for persons at or below 30% of the Area Medium Income. HTF regulations may be found in 24 CFR 91 and 93.
Application Policy and Forms
2019 Housing Trust Fund and RHTC Application Policy - Final
2019 Housing Trust Fund and RHTC Application Forms - Final - Updated June 7, 2019
2019 Housing Trust Fund Threshold Requirements
2019 Housting Trust Fund and HOME Application Policy DRAFT
2017 Housing Trust Fund and HOME Application Policy
2017 HTF and HOME Application Forms
HTF and HOME Rental Tabs
Form O - Request for Project-Based Rental Assistance
Click here to view the HTF Rehab Standards.
Click here to view Appendix A - HTF UPCS.
Click here to access the HTF rent limits.
For more information on this funding option, please contact Sam Spergel, Director of Real Estate Production , SSpergel@ihcda.in.gov or (317) 232-0599.