Expected to Pass Congress Later This Week
After passing another continuing resolution last week, Congressional appropriators yesterday released a “minibus” of six FY 24 appropriations bills, including one for Transportation and HUD (T-HUD). The bill provides slightly over $70 billion to the Department, which is approximately 13 percent higher than its FY 23 allocation. Congress is expected to pass the minibus package later this week with bipartisan support.
We have included a table of key appropriations figures below. Highlights of the bill include:
- Modest increases to the public housing operating fund and voucher renewal funding relative to FY 23 appropriations. These increases are largely in line with rental inflation costs over the past year.
- Flat funding to the public housing capital fund and a slight decrease in funding for voucher administrative fees will represent a significant cut to HAs given inflation and rising operating, insurance, and material costs.
- Sharp cuts to Choice Neighborhoods and HOME funding.
- Higher funding to the Family Self-Sufficiency (FSS) and Resident Opportunities and Self-Sufficiency (ROSS) programs.
In addition, the bill includes several PHADA-supported policy provisions, including extending agreements for the original Moving to Work (MTW) agencies to 2038, prohibiting HUD from making FSS funding awards based on its flawed performance metrics system, and extending the RAD sunset date to 2029.
PHADA will include a deeper analysis of the T-HUD bill in the next edition of the Advocate. Interested members can consult the full minibus here and a summary of T-HUD provisions here.