CNHED staunchly supports the DC Housing Production Trust Fund (HPTF)
Washington, D.C. – As a staunch supporter of and longtime advocate for the District of Columbia’s Housing Production Trust Fund (HPTF), the Coalition for Nonprofit Housing & Economic Development (CNHED) appreciates the Office of the DC Auditor’s efforts to undertake a thorough review of the HPTF program. While the audit released today, March 20, 2018, contains useful data and information, its conclusions do not adequately reflect the context of affordable housing development in the District, including specifics around housing financing, development costs, and use of additional subsidies.