Protect Our Homes
POH’s next meeting will be:
The House voted and passed a bill that maintains the 10% increase in HUD funding that advocates and congressional champions secured in FY18, with modest additional increases for FY19. This funding was a clear rejection of the president’s call to drastically cut housing investments. The bill provides more than $11 billion above the presidents FY19 request, rejects the harmful rent increases, rigid work requirements, and unofficial time limits proposed by the president in his FY19 budget request and by subsequent legislation. Despite the new resources and overall increased funding available to HUD, the amounts provided in the House bill are likely not enough to renew all existing Housing Choice Vouchers and project-based rental assistance contracts.
In addition, the Senate Appropriations Committee has begun its process for setting FY19 funding levels for affordable housing and community development programs at HUD.
The Senate rejected a recession package which included cuts to affordable housing, by a 48-50 vote, the “The Spending Cuts to Expired and Unnecessary Programs Act” on June 20. The bill would have cut $15 billion in previously approved funding, including cuts of almost $40 million from public housing, $40 million from rural rental assistance, and $141 million from the Capital Magnet Fund.
It is critical that any final bill passed during this budget cycle increases funding levels to ensure HUD programs can renew all housing assistance contracts.