The Technical Assistance Collaborative (TAC) and the National Low Income Housing Coalition (NLIHC) are announced this week the release of Creating New Integrated Permanent Supportive Housing Opportunities for ELI Households: A Vision for the Future of the National Housing Trust Fund. This report highlights important innovations in affordable housing financing policy designed to benefit Extremely Low Income (ELI) households, including people with significant and long term disabilities who need Permanent Supportive Housing (PSH). The PSH approach is a highly cost-effective best practice housing strategy that combines ELI housing with voluntary community-based support services.
TAC’s report, which was co-authored by Ann O’Hara and Jim Yates, documents innovative non-traditional financing policies from the Pennsylvania, North Carolina and Illinois state housing agencies that are consistent with recommendations in a recent NLIHC companion report, Aligning Federal Low Income Housing Programs with Housing Need. NLIHC called for federal investments in housing to be better aligned with the nation’s need for housing affordable to ELI households, including robust funding for the new National Housing Trust Fund program.
Both reports focus on the needs of ELI households – defined as households with incomes between 0-30 percent of Area Median Income (AMI). Many of these households are homeless or living in restrictive and segregated settings for people with disabilities because of the extreme shortage of ELI-PSH housing. NLIHC reports that nationally there is a shortage of 7.1 million affordable and available ELI rental housing units and that this shortfall is a primary cause of homelessness across the United States. TAC’s report notes that the demand for ELI housing units for use as PSH has grown significantly during recent years and points to a new federal housing program – the National Housing Trust Fund – as an important new tool for financing new ELI and PSH units.