House Subcommittee Releases Spending Plan For Affordable Housing
On May 17, the House Appropriations Subcommittee released its Fiscal Year (FY) 2017 Transportation, Housing and Urban Development bill. The Subcommittee is slated to mark up the bill on May 18, with the full Committee scheduled to vote on May 24.
As written, the THUD bill provides $58.2 billion in budget authority to fund the nation’s transportation, housing, and community development priorities. This represents a nearly $890 million increase from FY 2016 enacted levels and a nearly $1.7 billion increase over the Senate THUD bill allocation. However, even with the top line increase to the THUD bill, the House provides approximately $350 million less than the Senate bill for HUD’s affordable housing and community development programs. For more details, see Enterprise's comprehensive overview of the FY 2017 House THUD bill and an updated budget chart.
The House bill provides significantly more resources to fund Housing Choice Vouchers ($560 million increase compared to FY 2016), Project-Based Rental Assistance ($279 million), Homeless Assistance Grants ($237 million), Housing for the Elderly ($72.3 million), and Lead-Based Paint Hazard programs ($20 million), and Housing Counseling ($8 million). Many HUD programs receive level funding under the House bill, including Community Development Block Grants ($3.06 billion), HOME Investment Partnerships (HOME) program ($950 million), Housing for Persons with AIDs (HOPWA) at $335 million, the Public Housing Operating ($4.5 billion) and Capital Funds ($1.9 billion). Only a few HUD programs see a significant cut in funding under the House bill, including a $25 million decrease for the Choice Neighborhood program and the elimination of National Foreclosure Mitigation Counseling.
See Enterprise's comprehensive overview of the Senate FY 2017 THUD bill and the President's budget request.