September 20, 2019

Senate Appropriations Committee Advances Three FY20 Funding Bills

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With a budget deal and topline allocations in hand, and just a handful of working days left before federal funding expires on September 30th, Senators are working quickly to advance FY20 spending bills. This week, the Senate Appropriations Committee approved legislation on Transportation, Housing and Urban Development (THUD), Agriculture-FDA, and Financial Services General Government (FSGG), adding them to the two others -- Defense and Energy-Water -- ready for floor consideration. 

A number of critical affordable housing and community development programs are funded through THUD, Ag (Rural Development), and FSGG. Most received level funding with FY19, as lawmakers again rejected the drastic cuts contained in the President’s budget request. 

A full breakdown of funding levels can be found in Enterprise’s budget chart, but a few examples from the Senate bills include: 

  • $1.25 billion for the HOME Investment Partnership Program, level with FY19 enacted numbers and $500 million below the House’s proposal.
  • $3.3 billion for Community Development Block Grants (CDBG), level with FY19 enacted numbers and is $300 million below the House’s proposal.
  • $23.833 billion for Housing Choice Vouchers, $1.235 billion over FY19 and $23 million over the House’s bill. 
  • $12.56 billion for Project-Based Rental Assistance, $813 million over FY19 and $30 million below the House’s bill.
  • $35 million for the Section 4 Capacity Building for Affordable Housing and Community Development Program, even with FY19 and $5 million below the House’s proposed FY20 funding.  
  • $40 million for Section 515 Rental Housing Direct Loans, even with FY19 and $5 million below House numbers. 
  • $12.144 million for 515 Rental Housing Direct subsidies and grants, $2.66 million above FY19 and $1.518 million below House numbers.  
  • $251 million for the CDFI fund, $1 million above FY19 and $49 million below the House levels. 

The House was able to draft their bills to higher topline numbers because they completed work on their FY20 legislation prior to the budget deal being finalized. Understanding that House and Senate leadership still have to negotiate final legislation that adheres to overall spending levels agreed to in the budget deal, the House this week passed a continuing resolution to fund the government through November 21st. It is expected the Senate will pass similar legislation to avert a shutdown at the end of the month.  

Enterprise urges lawmakers and the Administration to quickly finalize FY20 appropriations legislation that includes robust funding for affordable housing and community development programs.

For more information on the FY20 appropriations process, subscribe to Community Developments, Enterprise’s daily email providing a quick overview of affordable housing and community development news, and Capitol Express, our more in-depth biweekly newsletter.
 

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