House Releases FY2020 Spending Bill with Robust Increases for Affordable Homes

House Releases FY2020 Spending Bill with Robust Increases for Affordable Homes

From our friends at the National Low Income Housing Coalition (NLIHC):

Policymakers in the House released on May 22 a draft fiscal year (FY) 2020 spending bill that provides a robust increase in funding to housing programs that serve low-income people and communities.

Thanks to the leadership of House Subcommittee Chair David Price (D-NC) and Ranking Member Mario Diaz-Balart (R-FL), the House bill is a clear rejection of President Trump's position on affordable home investments and policy.

The bill provides HUD programs with more than $13.4 billion above the president's FY20 request and at least $5.9 billion above FY19 enacted levels. It also clearly rebukes the harmful rent increases, rigid work requirements, and de facto time limits proposed by the president in his past budget requests and in subsequent legislation. Moreover, the subcommittee included legislative language to halt cruel proposals from the president to evict mixed-status immigrant families from assisted housing and to roll back LGBT protections. Overall, the House subcommittee bill builds on the funding increases and policy wins advocates and Congressional champions secured in recent years.

The Appropriations Committee has written its bills to levels above the low spending caps required by law on defense and domestic funding. Without a budget agreement, housing investments may see an across-the-board cut of an estimated 10%. However, if an agreement is reached, additional housing funds may be possible.

The subcommittee is expected to take up the bill this week, with a full committee vote after the Memorial Day congressional recess.

For more details, see NLIHC's full analysis and updated budget chart.

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