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Showing posts from February 18, 2019

FY19 HUD Budget Summary

Department of Housing and Urban Development (HUD) — $44.2 billion for HUD, including $8 billion for new housing and public infrastructure. § Public and Indian Housing (PIH) — $31 billion, an increase of $716.6 million above the FY2018 enacted level and $6.4 billion above the President's budget request. Within this amount, Tenant-Based Rental Assistance is funded at $20.3 billion, adequate to renew all existing vouchers. The Public Housing Capital Fund is funded at $2.8 billion and the Choice Neighborhoods Initiative is funded at $150 million-both programs will revitalize our nation's public housing stock. A mobility voucher demonstration program is funded at $25 million. § Community Planning and Development (CPD) — $7.7 billion, an increase of $29 million above the FY2018 enacted level and $5 billion above the President's budget request. Within this amount, Homeless Assistance Grants are funded at $2.6 billion , Community Development Block Grants a

FY19 Fair Market Rents and Rent Reasonableness

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