The measure funds the majority of federal agencies, including the Department of Housing and Urban Development (HUD), at FY 2012 levels, while tacking on newly crafted bills to fund Departments of Defense and Veterans Affairs programs at higher levels.
The Senate is working on their own version of the legislation, which is similar to the House bill, but includes additional spending provisions.
Fortunately, the Senate’s legislation included the following key anomalies for HUD programs:
The bill includes a $128 million increase in funding for the McKinney-Vento Homeless Assistance Grants to reduce the impact of reductions to housing, shelter, and prevention programs, bringing the program total to $2.033 billion. By the Alliance’s estimation, once the sequestration cuts of 5% are in place, this would result in an overall cut of approximately 12.6% to the Emergency Solutions Grant Program and an 8.6% cut to the Continuum of Care programs in the FY 2013 NOFA.
It also includes an increase in funding for administration and oversight of the Section 8 TBRA program. It also provides HUD with additional flexibility to ensure that tenants don’t lose their housing assistance.
Finally, it increases funding for the public housing operating fund to help make up for the one-time reduction in FY 2012.
The House and Senate are simultaneously working on their own FY 2014 budgets.
The bills take very different approaches to funding the government.
Click here for a NY Times has a chart that details the differences.