As we reported last month, on April 19, 2012, the Senate Appropriations Committee approved a fiscal year (FY) 2013 funding bill for the Department of Housing and Urban Development (HUD). The legislation included proposed funding levels for key affordable housing and homelessness programs, including:
$2.15 billion for HUD’s McKinney-Vento Homeless Assistance Grants, an increase of $245 million over the FY 2012 level, but approximately $80 million below the amount requested by the President;
$19.4 billion for Section 8 Tenant-Based Rental Assistance, an increase of $482 million over FY 2012, including $75 million for approximately 10,000 new HUD-VA Supportive Housing (HUD-VASH) vouchers;
$9.8 billion for Project-Based Rental Assistance, which is $536 million above the FY 2012 level and includes renewal of all project-based contracts for 12 months;
$1 billion for HOME, which represents flat funding from FY 2012; and
$3.1 billion for the Community Development Block Grant (CDBG), an increase of $152 million from FY 2012.