May 24, 2016
In Case You Missed It: A Look at Recent National Housing Policy News
The Senate voted 89 to 8 in favor of the Fiscal Year (FY) 2017 Transportation, Housing and Urban Development, and Related Agencies (THUD) funding bill, H.R. 2577. Despite an overall allocation that is $827 million below last year's funding level, the Senate THUD bill provides nearly $1.5 billion more for HUD's affordable housing and community development programs than Congress appropriated for them in FY 2016. The bill provides $950 million for the HOME Investment Partnerships (HOME) program, the same funding level as last year, and fully funds rental assistance accounts. The Senate combined the THUD bill, the Military Construction and Veterans Affairs FY 2017 spending bill, and a measure to provide emergency funding to combat the Zika virus. According to Senate Majority Leader Mitch McConnell (R-KY), this joint appropriations package is the first of several "mini-buses" intended to speed up the appropriations process ahead of the Senate's scheduled July 15-September 6 recess. The new fiscal year begins October 1, so Congress must enact new appropriations bills or a continuing resolution to keep federal programs operating after that date.