FY 2017 Budget Provides $48 Billion for HUD and Community Development

May 17th Webinar Reviews Appropriations Bill’s Main Provisions Will Impact HUD and Community Development Programs

Earlier this month, Congress approved and President Trump signed an omnibus bill to finalize fiscal year 2017 funding for the U.S. Dept. of Housing and Urban Development (HUD) and other federal agencies.

Our previous post explained Congress Reaches Deal on FY17 Spending for HUD Programs explained how the budget deal was reached.

The bill provides $48.1 billion for HUD housing and community development programs.

The $48.1 billion is nearly $1.1 billion (2.2 percent) more than policymakers provided for 2016, but $855 million less than the Obama Administration requested.

The Center on Budget and Policy Priorities (the Center) has written a preliminary analysis of the bill’s main provisions and their impact.

On Wednesday, May 17, 2017, the Center will host a webinar, “Implications of Final 2017 HUD Appropriations” from 2:00 p.m. to 3:00 p.m.

  • Center staff Barbara Sard, Doug Rice and Will Fischer will be the presenters on the webinar.
  • The webinar will review Congress’ final decisions on funding levels for key HUD programs in 2017.
  • It will explore the implications of the decisions for program implementation in 2017.
  • These implications include voucher utilization, options to reduce administrative burdens, new flexibility to modify payment standards based on Small Area Fair Market Rents, and increasing use of project-based vouchers.
  • Additionally, Center staff will preview what to look for in the full Trump Administration budget request for FY2018 and the likely timing of the next appropriations cycle.

In general, the bill’s provisions adhere closely to the bills that the House and Senate appropriations committees approved last summer.

The bill’s highlights include:

  • $18.36 billion to renew Housing Choice Vouchers (HCV), a $674 million (3.8%) increase over 2016, but about $450 million less than is required to fully renew all vouchers in use;
  • $40 million for approximately 5,400 new vouchers for homeless veterans (VASH); $10 million for roughly 1,000 new vouchers for families participating in the Family Unification Program (FUP); and $120 million for Section 811 “mainstream” vouchers for people with disabilities, which is sufficient to create 700-800 new vouchers, as well as renew current vouchers;
  • $10.8 billion for Section 8 project-based rental assistance, which is adequate to renew all contracts in 2017;
  • $2.38 billion for homeless assistance grants, $133 million above the 2016 level; and
  • $502 million for Section 202 and $146 million for Section 811, both of which are sufficient to renew current rental assistance contracts.

Register for the Webinar

Overview of 2017 HUD Budget

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