Federal Budget and Appropriations
Enterprise supports affordable housing and community development programs by advocating for increased federal resources through the budget and appropriations process.
- Highlighted resource: See Enterprise's updated appropriations and budget chart for more information on FY 2019 program funding.
- Highlighted resource: See Enterprise's blog post on final FY 2019 appropriations as well as looking forward to FY 2020 funding.
Section 4 Capacity Building for Community Development and Affordable Housing (Section 4)
The Section 4 Capacity Building for Community Development and Affordable Housing program (Section 4) is the sole HUD program for non-profit capacity building. Section 4 creates jobs, supports small businesses, builds housing, and strengthens communities. From 2013 to 2017, Section 4 investments have helped create and preserve more then 41,000 affordable homes and attract nearly $7.5 billion in total development costs of low-income neighborhoods across the country.
Every Section 4 dollar must be matched directly by $3 of private funding for capacity building, but each year Section 4 grantees’ development projects far exceed this requirement by attracting nearly $20 in other public and private investment for every dollar in Section 4 support.
Enterprise urges Congress to provide funding of at least $40 million for Section 4 in fiscal year (FY) 2019.
- This year over 1,000 organizations nationwide signed our letter urging Congress to fully Section 4 at $40 million in FY 2019.
- A record 99 Representatives signed on to a 'Dear Colleague' letter in the House co-sponsored by Representatives Elizabeth Esty (D-CT) and John Faso (R-NY) urging the Transportation, Housing, and Urban Development (THUD) Appropriations Subcommittee to fund the Section 4 Program at $40 million in FY 2019.
- A record 41 Senators signed on to a 'Dear Colleague' letter in the Senate sponsored by Sen. Joe Donnelly (D-IN) urging the Senate Appropriations THUD Subcommittee to fund Section 4 at $40 million in FY 2019.
- Please use this Section 4 Fact Sheet in your advocacy.
How you can advocate for Section 4:
- Call or send a letter to your Senators and Representative in support of full funding for Section 4 ($40 million) in FY 2019.
HOME Investment Partnerships (HOME)
The HOME Investment Partnerships (HOME) program is the largest federal block grant to state and local governments to create affordable homes for low-income families. Over the past 25 years, the HOME program has financed the construction of nearly 1.2 million affordable homes and made homes affordable for another 283,000 families through resident-based rental assistance.
HOME funds provide critical gap financing that make affordable housing developments feasible. Nearly a quarter of HOME funds support Low-Income Housing Tax Credit developments, and the remainder are used in conjunction with a variety of other housing programs. The HOME program has demonstrated a leverage ratio that far exceeds the minimum requirements of 25 cents per dollar – each dollar of HOME actually leverages another $4.32 of other funds. Furthermore, HOME has become increasingly effective at leveraging outside capital in recent years, with each dollar invested in HOME in 2017 leveraging $5.67. Since its inception, HOME has leveraged more than $155 billion for affordable housing development
The HOME Coalition
Enterprise co-leads the HOME Coalition to help increase awareness of the HOME program and its importance to the creation of affordable housing.
In 2015, the HOME Coalition published Building HOME: The HOME Investment Partnership's Impact on America's Families and Communities, a comprehensive report on the successes and effectiveness of the HOME Program. In addition to new data and analysis, the report contained over 100 HOME Success Stories.
- The HOME Coalition thanked appropriators in the House and Senate for their bipartisan leadership and support of the HOME Program in their FY 2019 bills.
- This year 1,627 organizations signed the HOME Coalition letter urging Congress to restore HOME funding to at least $1.5 billion in FY 2019. Thank you to all of the organizations who signed on and helped spread the word.
- This year 40 Senators signed a 'Dear Colleague' letter co-sponsored by Sen. Dianne Feinstein (D-CA) and Sen. Chris Coons (D-DE) that requests the Senate Appropriations Transportation, Housing and Urban Development (THUD) Subcommittee to restore HOME funding to at least $1.5 billion in FY 2019.
- Before Congress passed the FY 2018 appropriations omnibus, which provided $1.362 billion for HOME, 136 Representatives signed a 'Dear Colleague' letter sponsored by Rep. Marcia Fudge (D-OH-11), which requested at least $1.2 billion for HOME in FY 2019.
- Please use the HOME Coalition's state-by-state and district HOME Fact Sheets in your advocacy.
How you can advocate for the HOME Program:
- Sign up for Action Alerts from the HOME Coalition
- Submit a HOME Success Story using this success story template. Submit HOME success stories to Clay Kerchof (email@example.com).
- Call or write your Members of Congress to and request that the HOME Program be funded at no less than $1.5 billion in FY 2019.
Community Development Block Grants (CDBG)
The Community Development Block Grant (CDBG) Program is a flexible federal funding source that invests in local infrastructure, affordable housing, and public services in communities that are predominately low-moderate-income. In the past 15 years, CDBG has:
- helped 1.435 million people with low- and moderate-income access safe and affordable housing
- created or retained 401,992 jobs
- benefited over 45 million people with low- and moderate-incomes through public improvements
Every dollar invested in CDBG leverages an additional $4.09 in non-CDBG funding. CDBG funds flow into over 7,200 rural, suburban, and rural communities in every state, territory and congressional district.
However, CDBG funding has been cut in recent years. Enterprise encourages Congress to provide $3.3 billion for CDBG in fiscal years 2018 and 2019. Use the updated CDBG Fact Sheet in your advocacy.
- A total of 2,163 organizations, businesses and agencies signed a letter urging House and Senate appropriators to provide $3.3 billion for the CDBG Program in FY 2018.
- A record 176 Representatives to sign on to a 'Dear Colleague' letter in the House co-sponsored by Rep. Maxine Waters (D-CA), Rep. Peter King (R-NY), Rep. Jim McGovern (D-MA), Rep. Lou Barletta (R-PA), Rep. Robert Brady (D-PA), and Rep. Gregory Meeks (D-NY) urging House THUD appropriators to provide $3.3 billion for CDBG in FY 2019.
- A total of 41 Senators signed on to a 'Dear Colleague' letter urging Senate THUD appropriators to provide at least $3.5 billion for CDBG in FY 2019.
How you can advocate for the CDBG Program:
- Sign your organization on to the CDBG Coalition National Sign-On Letter. The letter urges appropriators in the House and Senate to provide at least $3.5 billion for the CDBG Program in FY 2019
- Reach out to your Senators and Representatives and share with them how CDBG is important in your community.
Project-Based Rental Assistance (PBRA)
The Section 8 Project-Based Rental Assistance (PBRA) program provides affordable homes for roughly 1.2 million low-income households. Through contracts with owners of privately owned multifamily rental housing, PBRA makes rents affordable while bringing a steady stream of capital into properties, enabling them to leverage private dollars to maintain and improve the properties.
The PBRA portfolio leverages more than $17 billion in private financing and equity to support the properties in which it is located. Each year, the program also generates $460 million in property taxes for local municipalities and supports 100,000 jobs.
The amount of PBRA funding each owner receives is the difference between what a household can afford (generally 30 percent of income) and the approved rent for the apartment. Most PBRA households are either low-income seniors (47 percent) or people with disabilities (33 percent), who are often on fixed incomes that are insufficient to cover rent in the private market.
Enterprise is a member of the Preservation Working Group (PWG), which is dedicated to the preservation and development of federally assisted multifamily affordable housing. For more information on the Preservation Working Group, please visit the PWG webpage.
How you can advocate for PRBA:
- Join the Preservation Working Group.
- Call or send a letter to your Senators and Representatives in Congress in support of PBRA.
Housing Choice Vouchers (HCV)
The Section 8 Housing Choice Voucher (HCV) program makes rental housing in the private market affordable to 2.2 million extremely and very low-income households. Like PBRA, HCV contracts cover the difference between the amount that these low-income households can afford to pay in rent and fair market rents. More than 75 percent of the families receiving HCVs are extremely low-income, meaning they have incomes at or below 30 percent of area median income.
Enterprise advocates to expand resources for Housing Choice Vouchers.
USDA Rural Housing Service
USDA’s rural rental housing programs are an important source of financing for affordable housing. Enterprise supports additional funding for the agency’s Section 515 Rural Rental Housing Loan Program, which provides low cost, long-term loans to developers for the construction or rehabilitation of rural rental housing. In turn, all rental housing units financed with Section 515 are exclusively targeted to those with the greatest needs, including low-income families, seniors, and people with disabilities. With more than 415,000 units of affordable housing financed by Section 515, the program is a principal source of rental housing in rural communities.
- A total of 53 Representatives signed on to a 'Dear Colleague' letter in the House urging sufficient funding for USDA Rural Housing programs in FY 2019.
How you can advocate for rural housing programs:
- Reach out to your Members of Congress and urge them to provide robust funding for programs at the USDA's Rural Housing Service, including the Section 515 Rural Rental Housing Loan Program.