Affordable Housing, Announcements, Federal News, Homelessness, Supportive Housing

Summary of Housing and Homelessness Items in President's FY14 Budget Request


On April 10, 2013 President Obama released his FY14 budget request to Congress.  While many affordable housing programs administered by HUD and USDA did see cuts, some programs saw increases in funding levels and a restoration of funding levels to previous levels.

This budget also shows the President’s commitment to ending homelessness.  According to the U.S Interagency Council on Homelessness, the FY14 budget proposal includes more than $5.3 billion for targeted homeless assistance funding, a 21.1% increase over the previously enacted FY12 budget.

Below are housing and homelessness highlights from the budget:

  • National Housing Trust Fund – Request $1 billion in mandatory funding.
  • Tenant Based Rental Assistance- $19.99 billion, up from $18.94 billion in FY13. This includes $17.97 for voucher renewals, and $75 million for the HUD-VASH Program.
  • Project Based Rental Assistance - $10.272 billion, up almost $1 billion from $9.340 billion in FY13.
  • Public Housing Operating - $4.6 billion up from $4.26 billion in FY13.
  • Public Housing Capital - $2 billion up from $1.875 billion in FY13.
  • Homeless Assistance - Requested $2.38 billion for the McKinney-Vento Homeless Assistance Grants. Increase from $1.929 billion in FY13. Includes $60 million for Rapid Rehousing Program and $2.03 billion for the Continuum of Care program.
  • HOME Program - $950 million, down $50 million from FY13 pre-sequestration levels.
  • Community Development Block Grants - $2.8 billion down from $2.95 billion in FY13.
  • Section 202 Housing for Elderly Program - $400 million, restoring it to FY11 funding levels. This budget would restore funding for creating new Section 202 units.
  • Section 811 Housing for Persons with Disabilities - $126 million,- $40 million less than FY13 pre-sequestration levels.

Read the National Low Income Housing Coalition's overview of the Budget. 
Read the US Interagency Council on Homelessness’s overview of the Budget. 
Read the National Alliance to End Homelessness’s overview of the Budget. 


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