Today's Date: July 26, 2021
Excelling High School Students Will be Inspired at American Legion Auxiliary Girls Nation   •   DAV to Host Day of Inspiration for Tampa Area Veterans   •   Sally Beauty Holdings Appoints Erin Nealy Cox to the Board of Directors   •   Port Houston Launches Business Equity Division   •   Independent Consumer Research Reveals 25% of Insured Adults Delayed Emergency or Essential Treatment During Pandemic   •   Back-Tooth-School Effort Reminds Parents and Caregivers that Good Grades Begin with a Dental-Check-Up   •   Statement by the Prime Minister to welcome Canada's 30th Governor General, Her Excellency the Right Honourable Mary Simon   •   Hollywood Trafficking Film Aspires Faith in God and Premieres At Global Event July 30   •   H.H. Dorje Chang Buddha III Cultural and Art Museum Launches Art Scholarships for High School Students   •   Pops AI Virtual Health Assistant and Glucometer Now Available at Best Buy   •   Cornerstone Building Brands Leader Heather Hollis Receives Women in Manufacturing STEP Ahead Award for Leadership and Excellence   •   Apple Dominates with 59 Percent Revenue Share in Tablet Apps Processors in Q1 2021, Finds Strategy Analytics   •   Independent Women's Network Launches   •   Atlanta Mayor Keisha Lance Bottoms Named Honorary HBCU Executive Leadership Institute Fellow at CAU   •   Clubhouse Media Group Hosts Los Angeles' Top Influencers To Raise Awareness And Funds For Homeless Youth At #YOUMATTER Launch   •   Cesar Gonzalez Named Head of Operations for Wells Fargo Commercial Banking   •   RecruitMilitary Joins Efforts with American Corporate Partners to Bring Mentorship Opportunities to Transitioning Veterans and F   •   Express Launches First-of-its-Kind Community Commerce Program as it Builds to $1B in E-Commerce Sales   •   Louis Hernandez Jr.'s Foundation For A Bright Future Awards Step Up Scholarship to Angelica Gonzalez of California and Brandon S   •   Her Excellency the Right Honourable Mary Simon, 30th Governor General of Canada Installation Speaking Notes
Bookmark and Share

National Low Income Housing Coalition Receives $5 Million Donation

 

 

Washington, DC - The National Low Income Housing Coalition (NLIHC) has received a donation of $5 million for the purpose of advancing the Coalition’s mission to achieve socially just public policy that assures people with the lowest incomes in the United States have affordable and decent homes. The donors wish to remain anonymous. NLIHC has established a new endowment with this gift.

 

NLIHC Treasurer Moises Loza announced the gift at NLIHC’s annual meeting in Washington, DC. The gift is from “long-time members of NLIHC who believe in our mission and admire our work,” Mr. Loza said.

 

“For an organization like NLIHC, a gift of this size is extraordinary and substantially expands our capacity.” Mr. Loza said. “The donation is to be used in whatever manner the board designates.”

 

In informing NLIHC President Sheila Crowley of the gift, the donors said NLIHC had been in their will, but they decided to make the gift now because so many people were suffering in the recession and the work of NLIHC was needed more than ever.

 

NLIHC organizes its work around three goals: to preserve existing federally assisted homes and housing resources, to expand the supply of low income housing, and to establish housing stability as the primary purpose of federal low income housing policy. NLIHC seeks to increase public support for progressive housing policy, to increase the capacity of state and local housing homeless advocates, and to educate federal policy makers on the housing problems of low income families.

 

One of NLIHC’s most widely cited reports is Out of Reach, which documents rental housing costs as compared to incomes in every jurisdiction in the country. Out of Reach includes the Housing Wage, the hourly wage that a full-time worker must earn to afford a modest two-bedroom rental home, paying no more than 30% of household income for housing. The national Housing Wage in 2010 is $18.44 an hour.

 

NLIHC is leading the campaign to establish a National Housing Trust Fund (NHTF), which will provide communities with grants to build, rehabilitate, or preserve rental homes affordable to the lowest income people. Congress created the NHTF in 2008, but has not yet capitalized it. NLIHC’s highest policy priority is to create dedicated sources of revenue to generate $15 billion a year for the NHTF.

 

The donors suggest NLIHC use their gift to challenge others to contribute to NLIHC. Mr. Loza also announced that NLIHC is mounting a challenge campaign for 2010 to match the $250,000 that the new fund will earn in interest and dividends this year.

 

NLIHC’s annual budget is $2.6 million; funds come from membership dues, contributions, and foundation grants. NLIHC does not receive any government funding. An existing endowment, the Cushing N. Dolbeare Endowment Fund, is named after the organization’s founder and was established in 2005.


Established in 1974 by Cushing N. Dolbeare, the National Low Income Housing Coalition is dedicated solely to achieving socially just public policy that assures people with the lowest incomes in the United States have affordable and decent homes.

 

 

###

 

National Low Income Housing Coalition (NLIHC)

727 15th Street NW, 6th Floor, Washington, D.C. 20005

202/662-1530; Fax 202/393-1973; info@nlihc.org; www.nlihc.org



Back to top
| Back to home page
Video

White House Live Stream
LIVE VIDEO EVERY SATURDAY
alsharpton Rev. Al Sharpton
9 to 11 am EST
jjackson Rev. Jesse Jackson
10 to noon CST


Video

LIVE BROADCASTS
Sounds Make the News ®
WAOK-Urban
Atlanta - WAOK-Urban
KPFA-Progressive
Berkley / San Francisco - KPFA-Progressive
WVON-Urban
Chicago - WVON-Urban
KJLH - Urban
Los Angeles - KJLH - Urban
WKDM-Mandarin Chinese
New York - WKDM-Mandarin Chinese
WADO-Spanish
New York - WADO-Spanish
WBAI - Progressive
New York - WBAI - Progressive
WOL-Urban
Washington - WOL-Urban

Listen to United Natiosns News