House Releases Text of FY25 T-HUD Funding Bill
The House of Representatives has released its draft Fiscal Year (FY) 25 Transportation-HUD appropriations bill which proposes slight cuts to several programs. NAHRO believes that appropriators should reject funding cuts to HUD programs and prioritize full funding of all accounts. NAHRO’s FY 25 funding recommendations can be found here.
The House Transportation-HUD Subcommittee will review and vote on the bill tomorrow, Thursday, June 27. The full House Appropriations Committee is scheduled to vote on the bill on Wednesday, July 10 which, if passed, would advance to a vote on the House floor later this summer. The Senate is expected to advance its version of an FY 25 Transportation-HUD bill before the August recess.
Topline FY 25 House HUD funding amounts include the following (comparisons are to FY 24 enacted levels; all figures are rounded to the nearest million):
Section 8
- Voucher renewal funding (Housing Assistance Payments) – $28,500 million ($9 million increase)
- Administrative Fees – $2,771 million (Same as the previous year)
- Tenant Protection Vouchers – $300 million ($37 million decrease)
- No new Family Unification Vouchers (including Foster Youth to Independence vouchers)
- No new HUD-VASH vouchers
- Mainstream Vouchers – $701 million ($42 million decrease)
- Project-Based Rental Assistance (PBRA) – $16,595 ($585 million increase)
- No new general-purpose vouchers or mobility funding
Public Housing
- Operating Fund – $5,097 million ($379 million decrease)
- Operating Fund Shortfall – $25 million (level funding)
- Capital Fund – $3,047 million ($153 million decrease)
Community Development
- HOME – $500 million ($750 million decrease)
- CDBG – $3,300 million (level funding)
- Homeless Assistance Grants – $4,060 million ($9 million increase)
- Choice Neighborhoods – No funding ($75 million decrease)
The House bill is only one step toward final FY 25 HUD appropriations. There is still time to urge your elected officials to fully fund HUD programs. Visit NAHRO’s Action Alert Center to contact Congress in support of adequate and responsible funding for affordable housing and community development programs. Your advocacy matters!
NAHRO will provide an in-depth analysis of the House T-HUD bill in the coming weeks.