Funding Relevant to Supportive Housing
The Corporation for Supportive Housing (CSH) has prepared a concise summary of the Administration’s FY2016 Budget Request’s proposed funding for programs relevant to supportive housing.
Overall, the budget provides $1.091 trillion for discretionary programs, which is $74 billion over the Budget Control Act (BCA) spending caps.
The budget provides $49.3 billion in funding for the Department of Housing and Urban Development (HUD), which is $4 billion over the FY2015 amount enacted by Congress.
Additionally, the President proposed increased funding in numerous programs inside of the Department of Health and Human Services (HHS) to better serve households that utilize supportive housing.
Finally, the President also asked for additional funding for Community Development Financial Institutions (CDFIs), recognizing the critical role CDFIs play in providing access to credit for underserved areas and populations.
The summary covers proposed funding for the:
- Housing Choice Voucher,
- McKinney-Vento Homelessness Assistance,
- Section 811 and
- Low Income Housing Tax Credit (LIHTC) programs.
It also highlights proposed funding for services and healthcare connected to supportive housing and cross systems, collaborations and evidence-based practices.
Click here for the full summary.