New Report on Housing Investments Made with State and Local Fiscal Recovery Funds

Date Published: 
June 15th, 2022

The National Low Income Housing Coalition (NLIHC) released a new report showing how states and localities are leveraging $350 billion in Coronavirus State and Local Fiscal Recovery Funds (SLFRF) to invest in affordable housing and homelessness prevention and services. NLIHC tracks SLFRF investments allocated for affordable housing and homelessness prevention and services in all 50 states and the District of Columbia, Puerto Rico, and 60 localities, including the 10 cities or counties receiving the highest allotments of SLFRF and the largest city or county in every state. As of April 2022, 54 of the 112 jurisdictions (48%) in the sample had allocated more than $13.5 billion for housing activities, including over half of all states and over 41% of the selected cities and counties.

The report also shows that states and localities have allocated SLFRF toward a wide range of housing activities, with the most funds going toward affordable housing development, short-term aid to households, and homelessness prevention. The report highlights 35 jurisdictions that have allocated over $5 billion to acquire, construct, and preserve affordable housing; 38 jurisdictions that have allocated approximately $3.9 billion for rental and utility assistance, legal aid, housing navigators, housing counseling, case management, and other household assistance; and 33 jurisdictions that have allocated approximately $1.3 billion for rapid rehousing, permanent supportive housing, hotel conversions, street outreach, and emergency shelters.

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