Legislation Includes Deep Cuts in Some Housing Programs
In advance of its markup session at 5:00 pm ET this evening (Wednesday, July 12), the House released its Fiscal Year (FY) 2024 Transportation, Housing and Urban Development, and Related Agencies (T-HUD) Appropriations Bill. The markup session will be live-streamed on the Appropriations Committee website. A summary of the bill is available here.
We have summarized key figures in the table below.
While the bill largely funds programs at FY 23 levels, it proposes deep cuts to the HOME program and does not appropriate any funds to Choice Neighborhoods. PHADA strongly opposes these cuts and will advocate for their restoration going forward.
Of course, given inflation, hiring challenges, and an onslaught of new HUD regulations, even level funding will challenge HAs to administer their programs. PHADA will continue to advocate for maximum funding for HUD programs so that HAs can continue to offer safe and decent housing to low-income families.
The House bill is only an early step in the appropriations process, and PHADA does not expect the Senate to agree to the deep cuts in HOME and Choice Neighborhoods proposed by the House. PHADA will keep members apprised of developments in the appropriations process in the Advocate. Look for a more detailed analysis of the House bill in the next edition.