The House passed HR 2577 on Tuesday, June 9, 2015without approving this amendment which was ruled out of order because it did not provide an equal offset for the $293 million increase it sought for the HOME program over the bill’s funding level of $767 million.
The amendment was filed on June 3, 2015 during House floor consideration of H.R. 2577, the FY16 Transportation, Housing and Urban Development, and Related Agencies (THUD) appropriation bill and was taken up late that evening. Mr. Green offered the amendment on behalf of House Committee on Financial Services Ranking Member Maxine Waters (D-CA).
“This amendment provides some degree of aid and comfort for those who are living at 30% of the area median income wherever they happen to live. In Ms. Waters’ district, this would mean an annual income of $20,200 for a family of four. I would dare say that there are few among us who would dare attempt to live off of $20,200 as an individual. This helps a family of four with $20,200. This is what the affordable housing trust fund does. It helps people who are extremely low income. My hope is we will be able to prevent this elimination of the affordable housing trust fund.”
Mr. Green said in support of his amendment.
In its Statement of Administration Policy(SAP) issued on June 2, the White House objects to the reduction in HOME funds and diversion of the NHTF funds and “strongly urges the Congress to support HOME and the HTF, as each program complements the work of local leaders to develop affordable housing for both extremely low and low income families.”