Housing Trust Fund (14.275)
Housing Trust Fund (Assistance Listing 14.275) is run by the Assistant Secretary for Community Planning and Development, part of the Department of Housing and Urban Development. It awarded $2.3 billion in 263 grants from fiscal 2021 to 2025, about $8.6 million per award on average. No funding opportunity is open on Grants.gov right now.
The typical award was $3.5 million. Half of the 263 awards fell between $3.1 million and $8.8 million, and they ranged from $24,269 to $132 million.
- Awarded, FY 2021 to 2025$2.3 billion
- Grant awards263
- Typical award$3.5 million
- Awarded in FY 2025$180 million
- Size rank144 of 1,823
- Type of assistanceFormula grants
Key findings
- Annual funding fell from $692 million in fiscal 2021 to $180 million in fiscal 2025.
- It is the 144th largest of 1,823 federal grant programs by five-year awards.
- The 20 largest recipients received 74% of the money.
- Awards went to recipients in 54 states and territories.
What the program funds
To expand and preserve the supply of affordable housing, particularly rental housing, for extremely low-income and very low income households.
Open opportunities
No opportunity under this program is open or forecast on Grants.gov right now. Programs often post once a year, so the funding history below shows what to expect.
Rules from the program listing
Who can apply
States as defined in 24 CFR 93.2 are eligible to receive formula allocations. Insular areas (U.S. territories) also may receive formula funds.
What the money can and cannot pay for
For use by States for the rehabilitation or new construction of rental and homebuyer housing. Funds may be used for new construction or rehabilitation of public housing although several restrictions apply. Eighty percent must be used for rental housing, and up to 10 percent may be used for homebuyers, see regulations 24 CFR 93.203. There are several prohibited activities and fees that apply also, see regulations 24 CFR 93.204.;
Matching requirements
This program has no statutory formula. Matching requirements are not applicable to this assistance listing. MOE requirements are not applicable to this assistance listing.
Deadlines
Nov 15, 2025 to Aug 16, 2026
Award range and average, in the agency's words
$24,268.89 to $21,561,035.25; average is $3,892,955.21.
Funding history and past recipients
From fiscal 2021 to 2025, Housing Trust Fund (14.275) awarded $2.3 billion across 263 grant awards, an average of $8.6 million per award.
Who usually wins
| Recipient type | Awards | Amount | Share |
|---|---|---|---|
| Other | 263 | $2.3 billion | 100% |
By state
52 states have a page for this program: those that received at least $1 million or 10 awards.
| State | Awards | Amount |
|---|---|---|
| California | 5 | $357 million |
| New York | 6 | $244 million |
| Texas | 5 | $129 million |
| Florida | 5 | $106 million |
| Illinois | 5 | $97.4 million |
| New Jersey | 4 | $68.8 million |
| Pennsylvania | 4 | $64.8 million |
| Ohio | 5 | $64.4 million |
| Michigan | 6 | $60.4 million |
| Massachusetts | 6 | $60.2 million |
| Georgia | 5 | $55.2 million |
| North Carolina | 4 | $50.9 million |
| Washington | 5 | $49.4 million |
| Virginia | 5 | $45.9 million |
| Wisconsin | 6 | $38.6 million |
| Missouri | 6 | $38.4 million |
| Arizona | 5 | $35.6 million |
| Indiana | 5 | $34.3 million |
| Maryland | 5 | $34.3 million |
| Tennessee | 5 | $32.4 million |
| Minnesota | 5 | $30.9 million |
| Colorado | 4 | $29.7 million |
| Connecticut | 5 | $29.6 million |
| Oregon | 4 | $29.0 million |
| Kentucky | 6 | $27.2 million |
| South Carolina | 5 | $26.9 million |
| Louisiana | 4 | $24.7 million |
| Nevada | 5 | $24.5 million |
| Oklahoma | 5 | $20.5 million |
| Iowa | 5 | $18.6 million |
| Kansas | 5 | $18.2 million |
| Wyoming | 6 | $17.7 million |
| Mississippi | 5 | $17.0 million |
| Hawaii | 5 | $16.6 million |
| Nebraska | 5 | $15.5 million |
| Alaska | 5 | $15.4 million |
| Maine | 5 | $15.4 million |
| North Dakota | 5 | $15.4 million |
| New Hampshire | 5 | $15.4 million |
| Vermont | 5 | $15.4 million |
| West Virginia | 5 | $15.4 million |
| District of Columbia | 5 | $15.3 million |
| Montana | 5 | $15.3 million |
| Arkansas | 4 | $14.4 million |
| South Dakota | 5 | $14.3 million |
| Idaho | 5 | $13.7 million |
| Alabama | 4 | $13.2 million |
| Utah | 4 | $13.0 million |
| New Mexico | 4 | $12.9 million |
| Rhode Island | 4 | $12.1 million |
| Puerto Rico | 6 | $9.8 million |
| Delaware | 4 | $9.4 million |
| Guam | 3 | $580,561 |
| Northern Mariana Islands | 4 | $493,722 |