On Monday, the Transportation, Housing and Urban Development, and Related Agencies subcommittee of the House Appropriations Committee approved FY 2022 funding for HUD. The bill includes $56.5 billion in HUD funding, a $6.8 billion (12 percent) increase over FY 2021. If enacted in its current form, several programs would see substantial increases over FY 2021 levels. This includes $500 million in additional funding for the HOME program, a $545 million for project-based rental assistance contracts (sufficient to renew all PBRA contracts), $3.4 billion in additional tenant-based rental assistance ($1 billion of which would be set aside for new vouchers) and $1.2 billion in additional funding for CDBG. 

 

HUD Programs
 (In millions) 
FY20 Enacted  FY21 Enacted  FY22 President Budget Request  FY22 House 
Tenant Based Rental Assistance  23,874  25,777  30,422  29,215 
Public Housing Capital Fund  2,869  2,942  3,500  3,718 
Public Housing Operating Fund  4,549  4,864  4,887  4,922 
Choice Neighborhoods Initiative  175  200  185  400 
Hsg. Opp. for Persons with AIDS (HOPWA)  410  430  450  600 
Community Development Fund (CDBG)  3,425  3,475  3,770  4,688 
HOME Investment Partnerships  1,350  1,350  1,850  1,850 
Rental Assistance Demonstration  0  0  100  0 
Project-Based Rental Assistance (PBRA)  12,570  13,465  14,060  14,010 
Hsg. for the Elderly (202)  793  855  928  1,033 
Hsg. For Persons w/Disabilities (811)  202  227  272  352 

Source: National Low Income Housing Coalition 

The full House Appropriations Committee will consider the bill on Friday, July 16 at 9 a.m. ET. A live stream of the markup is available here. The Senate is not expected to take up its own version until later this year.