Last week the Senate Appropriations Committee unanimously approved its fiscal year (FY) 2018 Transportation, Housing and Urban Development (THUD) spending bill. The legislation provides HUD with $40.2 billion in net discretionary spending, an increase of $1.4 billion over FY 2017 and nearly $2 billion more than the House’s version of the bill, which was passed in mid-July. Most of the increases in the Senate bill go toward renewing existing Tenant-Based Rental Assistance and Project-Based Rental Assistance voucher contracts. Public housing and housing for the elderly and persons with disabilities also saw funding increases, while the HOME Investments Partnership Program (HOME), Community Development Block Grant (CDBG) and Section 4 Capacity Building for Affordable Housing and Community Development Program (Section 4) all received level funding compared to FY 2017. For more information on program funding levels see Enterprise’s Senate THUD Bill blog post and FY 2018 budget chart.
Published by Oklahoma Coalition for Affordable Housing
The vision of OCAH: That all Oklahomans have the opportunity to live in safe, healthy and affordable homes. Our Mission: To lead the movement to ensure that all residents of the state of Oklahoma flourish in safe, affordable homes and to help communities develop safe and affordable housing options for all of their residents. We reach our mission through advocacy, education and practical training to foster the production and maintenance of affordable housing throughout the state. View all posts by Oklahoma Coalition for Affordable Housing