The Senate Appropriations Committee signaled strong bipartisanship when they approved the FY 2026 THUD appropriations bill, 27-1.
- The bill provides approximately $73.3 billion for HUD, which is about $3.3 billion more than FY 2025 continuing resolution and significantly more than the House version’s $67.8 billion.
- Similarly to the House, the Senate rejected proposed deep cuts and structural reforms in the Presidents’ proposed budget.
- Significantly, the Senate funded the HOME Investment Partnerships Program at $1.25 billion, consistent with the FY 2025 allocation.
Two important housing-related amendments that passed with the bill include:
- Senator Rounds (R-SD) Amendment on Housing Insurance Costs, directing Secretary Turner to complete a report on the current state of the property insurance market with an emphasis on affordable housing properties that are rent-restricted or rent-assisted; and
- Senators Reed (D-RI) and Rounds HUD Field Office Staff Amendment, requiring each field office to have at least one full-time employee.
What They’re Saying:
Chairwoman Susan Collins (R-ME): “This legislation directly addresses those needs by maintaining existing rental assistance for more than 4.6 million households and supporting programs aimed at tackling homelessness, especially for our nation’s youth.”
Ranking Member Patty Murray (D-WA): “And in the THUD bill, we were able to maintain crucial investments to address the housing crisis reject Trump’s deep cuts to rental assistance programs that make sure millions of families have a roof over their head.What’s Next: The THUD bill will likely be considered by the Senate in September, ahead of the September 30 funding deadline, when Senators return from their August recess.
