Shaheen Demands Trump Administration, OMB Director Vought Release Affordable Housing Construction Funds

The Trump Administration is sitting on approximately $750 million in housing construction funds available under the Capital Magnet Fund (CMF), Housing Trust Fund (HTF) and Housing Production-Financial Assistance Awards (HP-FA) programs. These federal funds can be leveraged by state and local organizations to develop, preserve, rehabilitate and increase the supply of affordable housing. Together, these programs strengthen communities, revitalize neighborhoods, create jobs and ensure more Americans can afford a high-quality home at a decent price that fits their budget. Senator Shaheen and 22 of her colleagues demanded OMB Director Vought release these housing construction funds without further delay.