Senate Subcommittee's Proposal on HUD funding 4/19/2012

Providing housing and services to our Nation’s most vulnerable

Section 8 Tenant-based rental assistance:
$19.4 billion for housing choice vouchers. This level of funding is $482 million above the fiscal year 2012 enacted level. This funding is critical to ensure our Nation’s low-income families, especially those hit hard by the recession, can maintain safe, affordable housing. It includes:

$17.5 billion for the renewal of current housing choice vouchers and $1.58 billion for program administration;
$75 million for 10,000 new HUD-Veterans Affairs Supportive Housing (HUD-VASH) vouchers for homeless veterans; and
$60 million for the Family Self-Sufficiency program.
Public Housing:
$1.99 billion for the public housing capital fund, an increase of $110 million above the fiscal year 2012 enacted level. This funding will help maintain public housing. The bill also includes $4.6 billion for the public housing operating fund, which is $629 million above the fiscal year 2012 enacted level. The fiscal year 2012 bill required public housing authorities to use their reserves to fund operations. Since these reserves have been used, the increase provided is necessary to maintain current operations.

Project-based rental assistance:  $9.8 billion for the project-based section 8 program, including over $9.6 billion for the renewal of all project-based contracts for a full 12 months. This level of funding is $536 million above the fiscal year 2012 enacted level.

Homeless Assistance grants: $2.15 billion for homeless assistance grants. This level of funding is $245 million above the fiscal year 2012 enacted level. In response to the increase in family homelessness, the bill includes at least $286 million for the Emergency Solutions Grant program to prevent families from becoming homeless, or rapidly re-house those that are homeless.