Over $16 Billion in State and Local Fiscal Recovery Funds Invested in Housing

Date Published: 
November 9th, 2022

According to NLIHC’s State and Local Fiscal Recovery Fund (SLFRF) database, approximately $16.1 billion of SLFRF funds have been invested in housing as of October 2022. States and localities have allocated around $6.3 billion of SLFRF funds for housing development, a figure that increased by over $1 billion between April and October 2022.

Around $1.5 billion in funds have been used for other housing-related projects, and $353 million have been dedicated to voucher programs. States and localities allocated over $101 million for administrative purposes like improving housing administration and internal capacity, ensuring systemic data collection, and strengthening technology infrastructure.

Approximately $4.3 billion of SLFRF funds have been allocated for short-term assistance to households. This figure includes $1.5 billion for rental assistance, $380 million for housing stability services, such as housing navigators, housing counseling, landlord-tenant mediation, and case management, $2.3 billion for utility assistance, and $243 million for legal aid.

Since April 2022, several states have significantly increased funding for housing projects, with five additional states – Idaho, Missouri, Montana, New York, and Tennessee – having newly allocated SLFRF for housing services.

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