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

 

Resources for Federal Housing Budget, Policies and Programs

Everything You Should Know About a Budget Conference

The Committee for a Responsible Federal Budget takes an in-depth look at the process and what it could accomplish.
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Give the National Housing Trust Fund Its Due

H.R. 1213 would finance the trust fund along with expanding the Low Income Housing Tax Credit, Section 8 vouchers and the Public Housing Capital Fund.
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Authority continues Section 8 conversion

After the conversion, the authority would own the properties, rather than simply managing HUD’s public housing.
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Philly-area housing authorities still functioning despite federal shutdown

Although largely unaffected by the government shutdown, the federal sequestration, has had a much greater impact on housing agencies.
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New Resource: Communicate about Housing More Effectively with the Latest Research, Poll Data and More

The Center for Housing Policy releases a new literature review covering research into public opinions on housing affordability issues and how to best communicate around them.
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Housing Authority can't be neglected

Southwestern Pennsylvania’s public housing authorities are on the front lines of efforts to quietly and effectively provide housing assistance for those most in need.
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MEMO: Effect of Federal Shutdown on HUD Housing Assistance and Community Development programs

Without 2014 funds to use to pay for agency operations, a large share of federal employees have been furloughed, including 96 percent of HUD staff.
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5 ways nonprofits can help enroll people for health care

On October 1, the large-scale health insurance expansion established by the Affordable Care Act (ACA) will begin.
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