8,800 Families Risk Homelessness Due to Cuts
On August 4, 2015, U.S. Dept. of Housing and Urban Development (HUD) Secretary Julian Castro held a conference call discussing Congress’s proposal to severely cut and even essentially eliminate the HOME program.
NJ could lose $21 million dollars in 2016 for affordable homes and supportive housing.
Presenters on the call outlined the following potential national impacts of the proposed Senate cuts:
- Increased the risk of homelessness for more than 8,800 families who receive tenant-based rental assistance annually.
- 39,000 fewer affordable housing units will be built or preserved annually. This comes at a time when our nation’s affordable housing crisis has reached record highs.
- Limited access to the Low Income Housing Tax Credit. Since 2010, more than one-third (37%) of all HOME funds are used in LIHTC projects. A quarter (25%) of all LIHTC – financed developments also use HOME dollars.
Advocates are encouraged to use this August recess, which goes until Monday, September 7, 2105, to engage Senators and Representatives around the critical issue of HOME funding.
The HOME Coalition suggests 4 ways that advocates can work to #SaveHOME:
- Call your Representatives and Senators and urge them to restore funding for the HOME program.
- Schedule a meeting with your Senators and Representatives or their staff to discuss why HOME is critical to the work that you do.
- Invite your Representatives and Senators to visit your organization, take a tour of a HOME – funded development, or meet a family that used HOME dollars to access safe, decent, and affordable housing.
- Engage your local media by pitching a news story or publishing an op-ed about what the proposed HOME cuts mean to your community.
The HOME Coalition has created some very helpful resources to be used and shared widely. Of special interest may be the resources with information specific to New Jersey:
- A chart showing the impact of the Senate proposed cuts by state and participating jurisdiction.
- Information on how states uses HOME to provide access to affordable housing.
- State by state infographics.
Click here to visit Coalition’s website and advocacy tools.
Click here for the national HOME letter and list of NJ organizations.
Click here to view HUD Secretary Castro’s webinar.