Housing trust fund appropriation pending in Congress

President Barack Obama pledged to support more affordable housing, and a bill pending in Congress would fund a new Affordable Housing Trust Fund with $1 billion.

Obama proposed the funding in his budget, and the money is now part of Jobs for Main Street Act that is awaiting action by Congress.

Other public housing programs received significant funding from the stimulus package -- the American Recovery and Reinvestment Act -- passed in early 2009. Funds for capital and management received close to $4 billion.

These additional funding sources prompt us to move this promise to In the Works.