NLIHC Budget Chart provides overview
The National Low Income Housing Coalition (NLIHC) has released an updated FY10 Budget Chart for Selected Programs. The chart provides details on the specifics of the proposed FY 10 proposed expenditures for HUD. In addition, the chart provides a historical overview of the budget categories from FY 04 through FY 09. To view the chart in PDF format click here.
We had published a post that provided an overview of the FY 10 budget on May 8, 2009. Click here to read that post.
These are some of the highlights of the funding for homeless programs include:
- $46.3 billion for HUD programs, an 11 percent increase;
- $1.8 billion for McKinney-Vento Homeless Assistance Grants, an increase of $117 million over FY 2009. In several places in the budget HUD makes this statement: HUD intends to continue the focus on homelessness prevention that was initiated in the American Recovery and Reinvestment Act;
- $1 billion for a National Affordable Housing Trust Fund, this represents the first major federal housing production program since the creation of the HOME Investments Partnership Program in 1990.;
- $68 million for the Projects for Assistance in Transition from Homelessness (PATH) program, an $8 million increase over the FY 2009 level;
- $19 million for a new DC Housing First Initiative to provide supportive housing to homeless individuals and families;
- $26 million for a pilot program to prevent homelessness for veterans;
- $250 million, the same as approved last year for Section 811. After deducting the rental assistance renewals, the net amount for new projects is $114 million; and
- $765 million, the same as approved last year for Section 202. After deducting the rental assistance renewals, the net amount for new projects is $522 million.
