The HUD budget request includes $1B in mandatory funding for the NHTF, which would create 16,000 units affordable to extremely low income households.
A blueprint that would reduce deficits, alleviate poverty and boost investment needed for future economic growth, such as infrastructure and education.
All but two members of New Jersey’s House delegation, U.S. Representatives Scott Garrett and Rush Holt, voted in favor of the bill. Both Senators Menendez and Booker voted in favor.
The McKinney-Vento program received $2.105 billion, which represents a nine (9%) or $176 million increase which is enough funding to cover all FY 2013 CoC renewals – but no more.
The congressional appropriators are expected to reconcile any remaining disagreements and finalize an omnibus spending package to be approved by congress and signed into law before the current funding expires on January 15.