Hill Update: Senate, House Committees Consider Administration’s FY 2015 Budget Proposal
Homeless funding increases in FY15 for HUD and the VA demonstrates a commitment to end veteran homelessness next year and chronic homelessness in 2016 based on the Obama Administration,March 4, 2014 fiscal year (FY) 2015 Budget Proposal.
The FY 2015 Budget Proposal includes funding levels for various key programs targeted at low-income people or people experiencing homelessness that include:
$2.405 billion in homeless funding for the HUD’s McKinney-Vento Homeless Assistance Grants program, a 14 percent increase over the FY 2014 level;
$1.6 billion for targeted homeless funding for veteran programs within the Department of Veterans Affairs (VA), a 12.5 percent increase over the FY 2014 level;
$114 million for Runaway and Homeless Youth Act programs, representing level funding from the FY 2014 level;
$20.045 billion for Tenant-Based Rental Assistance, a 4.5 percent increase over the FY 2014 level. This includes $75 million for about 10,000 new HUD-Veterans Affairs Supportive Housing (HUD-VASH) vouchers;
$9.746 billion for Project-Based Rental Assistance, a 1.7 percent decrease below the FY 2014 level; and
$74 million for homeless programs within the Substance Abuse and Mental Health Services Administration, representing level funding from the FY 2014 level.
On March 5, 2014, the Senate Budget Committee, chaired by Sen. Murray (D-WA), and the House Budget Committee, chaired by Rep. Ryan (R-WI), held separate hearings on the President’s fiscal year (FY) 2015 budget proposal. Sole witness for both hearings, Sylvia Mathews Burwell, director of the Office of Management and Budget, spoke about how the investments proposed in the President’s budget would expand opportunity and spur job creation and economic growth. She noted the priority that the President placed on ending veteran and chronic homelessness in his budget proposal, and highlighted the role that rental assistance programs play in preventing homelessness.