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News | 2023 NHTF Allocations Announced

nhtf May 03, 2023

Today HUD announced the 2023 NHTF funding levels. The announcement can be found HERE.

As a practical matter, if any year the funding level exceeds $1 Billion, some NHTF units may have very-low income (50% AMI) and rent limits. Because this year will have only $382 million allocated, extremely low limits (30% AMI, adjusted by poverty level) will apply to all NHTF units developed from 2023 funds

Below are the funding levels by state/area.

FY 2023 Housing Trust Fund Formula Allocations
Name
ST
FY23 GA
State of Alabama
AL
$3,468,012
State of Alaska
AK
$3,066,413
State of Arizona
AZ
$6,176,374
State of Arkansas
AR
$3,000,537
State of California
CA
$62,249,056
State of Colorado
CO
$5,587,889
State of Connecticut
CT
$4,510,425
State of Delaware
DE
$3,066,413
District of Columbia
DC
$3,066,413
State of Florida
FL
$18,860,873
State of Georgia
GA
$9,289,520
State of Hawaii
HI
$3,066,413
State of Idaho
ID
$3,066,413
State of Illinois
IL
$14,528,244
State of Indiana
IN
$5,391,554
State of Iowa
IA
$3,066,414
State of Kansas
KS
$3,066,414
Commonwealth of Kentucky
KY
$3,515,069
State of Louisiana
LA
$4,515,321
State of Maine
ME
$3,066,413
State of Maryland
MD
$5,428,249
Commonwealth of Massachusetts
MA
$8,664,498
State of Michigan
MI
$8,567,551
State of Minnesota
MN
$4,881,843
State of Mississippi
MS
$3,000,537
State of Missouri
MO
$5,346,518
State of Montana
MT
$3,066,413
State of Nebraska
NE
$3,066,413
State of Nevada
NV
$3,992,365
State of New Hampshire
NH
$3,066,413
State of New Jersey
NJ
$12,237,784
State of New Mexico
NM
$3,066,413
State of New York
NY
$34,734,755
State of North Carolina
NC
$9,349,939
State of North Dakota
ND
$3,066,413
State of Ohio
OH
$10,420,277
State of Oklahoma
OK
$3,066,414
State of Oregon
OR
$5,468,942
Commonwealth of Pennsylvania
PA
$12,081,840
State of Rhode Island
RI
$3,066,413
State of South Carolina
SC
$4,254,878
State of South Dakota
SD
$3,000,537
State of Tennessee
TN
$5,290,023
State of Texas
TX
$22,394,219
State of Utah
UT
$3,066,413
State of Vermont
VT
$3,066,413
Commonwealth of Virginia
VA
$7,563,732
State of Washington
WA
$8,377,580
State of West Virginia
WV
$3,066,413
State of Wisconsin
WI
$5,527,246
State of Wyoming
WY
$3,066,413
Guam
GU
$157,107
Northern Mariana Islands
MP
$76,533
Commonwealth of Puerto Rico
PR
$2,037,322
Virgin Islands
VI
$152,727

 

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