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Outlook for Housing & Community Development Funding Douglas Rice COSCDA, March 17, 2015.

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Presentation on theme: "Outlook for Housing & Community Development Funding Douglas Rice COSCDA, March 17, 2015."— Presentation transcript:

1 Outlook for Housing & Community Development Funding Douglas Rice COSCDA, March 17, 2015

2 Center on Budget and Policy Priorities Three Waves of Cuts in HUD Housing/CD Programs Source: CBPP analysis of OMB data. Figure for 2016 represents the President’s budget request. Change in discretionary housing assistance and community development funding relative to 2010, adjusted for inflation

3 Center on Budget and Policy Priorities Deepest Cuts in Public Housing, Block Grants Source: CBPP analysis of OMB data. Change in funding in 2015, relative to 2010, adjusted for inflation

4 Center on Budget and Policy Priorities Sequestration’s toll: 100,000 fewer families using housing vouchers Source: CBPP analysis of HUD data. Figures do not include new tenant protection or VASH vouchers awarded in FY 2013 or 2014.

5 Center on Budget and Policy Priorities President’s 2016 Budget: HOME & CDBG HOME: $1.06 billion, $160 million over 2015 CDBG: $2.8 billion for formula grants, $200 million less than in 2015

6 Center on Budget and Policy Priorities President’s 2016 Budget: Homeless Grants McKinney: $2.48 billion, including $250 million for ESG, $345 million over 2015 Increase would fund 25,500 new supportive housing units for chronically homeless individuals and families HOPWA: $332 million, $2 million above 2015

7 Center on Budget and Policy Priorities President’s 2016 Budget: Housing Vouchers Includes full renewal funding, assuming restoration of ~30,000 vouchers in 2015 Restores remaining 67,000 vouchers cut under sequestration; 30,000 of these vouchers targeted on urgent needs Increases admin fee funding by 32%

8 Center on Budget and Policy Priorities President’s restoration voucher proposal $277M for 37,000 vouchers distributed based on “relative need” $177M for 22,500 vouchers for homeless families, veterans, and tribal families, and victims of domestic/dating violence $37.5M for 4,900 vouchers for DV victims fleeing assisted housing (to implement emergency transfer provisions of VAWA) $20M for 2,600 Family Unification Program vouchers

9 Center on Budget and Policy Priorities cbpp.org Budget Authority for Major HUD Programs 2014 Enacted 2015 EnactedPresident 2016 Section 8 TBRA $ 19,177,218,000 $ 19,304,160,000 $ 21,123,496,210 renewals $ 17,365,527,000 $ 17,486,000,000 $ 18,333,816,000 admin $ 1,500,000,000 $ 1,530,000,000 $ 2,020,037,000 Section 8 PBRA $ 9,916,628,000 $ 9,730,000,000 $ 10,760,000,000 Public Housing Capital $ 1,875,000,000 $ 1,970,000,000 Public Housing Operating $ 4,400,000,000 $ 4,440,000,000 $ 4,600,000,000 Homeless Assistance $ 2,105,000,000 $ 2,135,000,000 $ 2,480,000,000 Section 202 elderly $ 383,500,000 $ 420,000,000 $ 455,000,000 Section 811 people with disabilities $ 126,000,000 $ 135,000,000 $ 177,000,000 HOME $ 1,000,000,000 $ 900,000,000 $ 1,060,000,000 CDBG formula $ 3,030,000,000 $ 3,000,000,000 $ 2,800,000,000

10 Center on Budget and Policy Priorities Outlook for House/Senate 2016 HUD Bills Under BCA, NDD spending cap for 2016 is flat; but there will be no large across-the- board funding cuts as in 2013 House/Senate likely to adhere to current NDD cap, at best THUD subcommittees committed to renewing rental assistance for all current families; could require +$2 billion in 2016 House/Senate THUD bills will be austere – but this may not be the end of the story

11 Center on Budget and Policy Priorities Will there be a budget deal? Lots of moving pieces, e.g., debt ceiling, SCOTUS decision on ACA, tax/entitlement changes, as well as BCA spending caps There will be a budget deal (in the fall?); scope/content uncertain – but raising NDD cap is one of the President’s primary goals Final 2016 funding levels in THUD & other appropriations bills could be affected by the outcome of this negotiation.


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