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FY 2016 HUD Budget: HOME Funding Restored

FY 2016 HUD Budget: HOME Funding Restored

NEWS: In a welcome turn of events, last Friday President Obama signed into law a $1.1 Trillion Omnibus spending bill (“Omnibus” being a bill that lumps together all 12 annual appropriations bills into one), which provides substantially improved funding levels for many HUD programs (see the full funding list by HUD program here). HOME Allocation: […]

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Senate Cuts HOME by 93%, House Cuts NHTF to Keep HOME level, President Threatens to Veto

Senate Cuts HOME by 93%, House Cuts NHTF to Keep HOME level, President Threatens to Veto

NEWS: Senate: The Senate Appropriations Committee passed a bill proposing to fund HOME at $66 million in 2016; just seven percent of the $900 million HOME funding level in 2015. Many local jurisdictions would receive as little as $10,000 under the bill. Amendments to the bill to restore funding by Senator Jack Reed failed. House: The House passed a bill […]

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National Housing Conference Releases Report on Health and Housing

National Housing Conference Releases Report on Health and Housing

News: the National Housing Conference (NHC) released a report called The Impacts of Affordable Housing on Health: A Research Summary that illuminates 10 different ways that affordable housing improves physical and mental health of residents. Context: This report is an update to the NHC’s 2011 report on the link between affordable housing and health in children. It takes that research […]

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PLACE Practitioners Visit Capitol Hill to Advocate for Increased HOME Funding

PLACE Practitioners Visit Capitol Hill to Advocate for Increased HOME Funding On April 14-16, 2015, community development practitioners from ten PLACE member organizations came together on Capitol Hill to advocate with congressional representatives for increased funding for HUD's HOME program, and for HUD clarification of rules on using HOME to support permanently affordable homeownership.  Our members had meetings with 57 Congressional offices, including members of the [...]

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House Draft HUD Funding Bill Released – Cuts NHTF to fund HOME

House Draft HUD Funding Bill Released – Cuts NHTF to fund HOME

News: The House Transportation-Housing and Urban Development (T-HUD) Subcommittee released its markup of the draft Fiscal Year (FY) 2016 HUD funding bill this morning (4/29). The draft bill proposes to cut HUD’s FY2015 HOME allocation by $133 million ($900 million to $767 million), but also to transfer all $133 million in projected National Housing Trust Fund (NHTF) […]

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