The appropriations bill that includes HUD funding is the Transportation, Housing and Urban Development and Related Agencies (T-HUD) bill (H.R. 3288). It passed December 16, 2009. The bill provides $46.1 billion for housing programs, which is $4.5 billion over FY 2009 funding. All programs see an increase in funding except for the HOME program. The bill also provides funding for a new demonstration program, the Choice Neighborhoods Initiative, which is proposed to replace HOPE VI in the future.
USDA Rural Development programs are contained in the Agriculture, Rural Development, Food and Drug Administration, and Related Agencies bill (H.R. 3288/S. 1406). FY 2010 rural housing funds stay almost the same as FY2009, with the exception of increases in a few areas such as Section 502 Single Family Guarantee Loans.
See individual federal issue pages for more specific details.
The FY 2011 proposed budget reduces funding for HUD programs to $41.6 billion from $43.6 billion in FY 2010. Highlights of the budget include:
- Transforming Rental Assistance initiative and other new programs attempt to consolidate and streamline existing programs.
- Funding for rental assistance vouchers is increased, but advocates are concerned it will still not be enough to meet the needs of very low-income households.
- The 2011 budget eliminates the public housing program HOPE VI and replaces it with Choice Neighborhoods Initiative.
- Capital programs such as Section 202 and Section 811 (see Seniors and Disabled are reduced.
- Proposes $1 billion in funding for the National Housing Trust Fund.
Appropriations information updated April 4, 2010