Federal Housing Budget, Policies and Programs

 

Our communities rely on local and state programs that often include public money. Most programs use a range of revenue sources, but the federal government funds are critical. 

While we can – and should - debate the appropriate role of government in the housing market, the fact is that over the last 80+ years, since the Great Depression, federal policies have evolved to better match housing market supply and demand. This involvement is necessary because the unincentivized private market simply cannot produce and sustain an adequate supply of homes available for lower-income households.

Today federal housing and community development programs provide essential capital, subsidies and incentives so that providers and developers, both for-profit and not-for-profit, can afford to offer more affordable homes.

While they don’t often make the evening news, many of these private/public partnerships are proven to be effective. They amount to an industry. It is an important and under-recognized sector of the economy, which, like homebuilding, generates jobs, economic activity and demand for products manufactured throughout the Commonwealth, all of which stays local. In fact, the Econsult Corporation found that every $1 invested in multifamily rehabilitation generates $2.28 in new money.

Some of the federal housing programs that work to help our communities are:

  • Public Housing
  • CDBG formula grants                                   
  • HOME                                               
  • Housing counseling                                       
  • Section  202                                                   
  • Section 811
  • USDA Rural Housing programs

 

News for Federal Housing Budget, Policies and Programs

Congress negotiates FY 2014 spending level - ACT NOW!

It is crunch time to make sure that every Member knows the importance of HUD’s McKinney-Vento Homeless Assistance Grants in their communities.
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No Place Like Home

A report by the Center for American Progress on addressing poverty and homelessness in the United States.
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VA fears budget cuts will reverse drop in homelessness

The country has made progress toward its goal of ending veterans' homelessness by 2015, but budget cuts threaten the momentum, according to federal officials.
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Fannie, Freddie at turning point as new regulator enters

The new FHFA director is expected to take the two government-sponsored enterprises in a new direction and increase access to credit.
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Local housing authority officials are concerned about another possible round of federal sequestration cuts

Led by the Alliance, public housing advocates and regional housing authority officials traveled to DC to highlight concerns about another possible round of federal automatic spending cuts known as sequestration.
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National HUD Funding Call-In Day!

Call your Members of Congress as part of a National Call-In Day!
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We can afford to help the homeless

Why do we still see so many people suffering? Quite simply there are not enough resources to invest in proven solutions that work.
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Homeless population drops nationwide, rises in PA

The homeless population dropped by an estimated 23,740 people, or 3.7 percent, last year, officials reported. Yet in Pennsylvania, the population rose by 2 percent to an estimated 15,086.
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The reach for help is longer

Feasts give way to dollar-by-dollar survival, despair for region's 'forgotten population'
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Pa. housing advocates take funding plea to Washington

A group is heading to D.C. to lobby local representatives with a message to restore the funding cuts to public housing.
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