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HUD Continuum of Care NOFO
The CoC NOFO was officially released on November 13. As we anticipated, it imposes a 30% cap on permanent housing and establishes Tier 1 at 30% of Annual Renewal Demand, along with numerous policy mandates. We will continue reviewing, and will share updates as more details are identified.
AL Housing Trust Fund
The Alabama Housing Trust Fund (AHTF) was designed to provide much-needed funding for creating and maintaining affordable housing units. No dollars were ever placed in the fund. However, the 2022 Legislative Session seems promising...with YOUR help! #FundtheAHTF
Alabama Housing Data
Across Alabama, there is a shortage of affordable rental homes and available to extremely low-income households whose incomes are at or below the poverty guideline or 30% of their area median income. Many of these households are severely cost burdened, spending more than half of their income on housing. Severely cost-burdened poor households are more likely than other renters to sacrifice other necessities like healthy food and healthcare to pay the rent and to experience unstable housing situations like evictions—Review Alabama's latest housing data reports from the National Low Income Housing Coalition.