Housing and the FY 2015 Budget

A preliminary look at President Obama’s FY 2015 budget shows some cuts and some increases.

Some of the cuts:  CDBGs (Community Development Block Grants) and HOME are slated for cuts, and Project-Based Rental Assistance would be returned to 2013 levels.  Small rural housing programs have been zeroed out.

On the up side:  Tenant-Based Rental Assistance, homeless assistance, Section 202 housing for seniors and Section 811 housing for people with disabilities are budgeted at higher levels than in 2014.

Of course, this is just a budget proposal; much may change between now and the final budget that passes through Congress.

For more details from the Housing Assistance Council (HAC) visit their webpage:
HUD Programs Have Some Cuts, Some Increases