The National Low Income Housing Coalition reports:
The President’s budget calls for funding HUD programs at $73.3 billion, or approximately $1.1 billion – or 1.6% – more than the FY23-enacted level. The proposal calls for $32.7 billion to renew all existing housing vouchers and to expand assistance to an additional 50,000 households through increased funding and another 130,000 households through program reserves, among other things.
Congressional Republicans are threatening to make drastic cuts to federal spending in FY24 – including funding for vital housing and homelessness resources – in exchange for raising the debt ceiling or avoiding a government shutdown.
It is unacceptable to balance the federal budget by demanding cuts to programs that help the lowest-income households survive.
- Sign your organization on to the Campaign for Housing and Community Development Funding’s (CHCDF) annual budget letter, calling on Congress to reject spending cuts and instead provide the highest possible allocation for HUD’s and USDA’s affordable housing, homelessness, and community development programs in FY24.
- Email your members of Congress today and urge them to increase – not cut – resources for affordable housing and homelessness in FY24.
