McKinney-Vento Receives Additional
$50M and NHTF Funding Eliminated
On April 28, 2015, the House Appropriations Subcommittee on Transportation, Housing and Urban Development and Related Agencies (T-HUD) released a draft fiscal year (FY) 2016 spending bill.
The legislation includes a total of $42 billion for HUD – an increase of $1 billion above the fiscal year (FY) 2015 enacted level and $3 billion below the request.
The bill includes $2.185 billion for the McKinney-Vento Homeless Assistance Grants program, a $50 million increase over the FY 2015 funding level.
According to estimates, this funding level would:
- Cover all Continuum of Care project renewals but not fund any additional projects and enable the renewal of all projects meeting performance standards,
- Eliminate new funding for the National Housing Trust Fund, and
- Preclude any new vouchers through the Housing Choice Voucher program though the funding does continue assistance to all families and individuals currently served by this program.
This bill is based on the “sequestration-level” spending caps that are in place under existing budget law. The House T-HUD Subcommittee marked up this bill on April 29, 2015.
Click here for a bill summary and text.