The House Appropriations Committee released their fiscal year 2013 Transportation, Housing and Urban Development funding bill earlier this week, and it was marked up in a House THUD subcommittee hearing today. This bill comes in at $51.6 billion in discretionary spending – a reduction of about $4 billion below FY12 levels and about $2 billion below the President’s budget FY13 request. The bill includes $33.6 billion for HUD, a decrease of $3.8 billion below FY12.
- $26.3 billion for Public and Indian Housing; this is an increase of $759 million above last year’s level and $250 million below the President’s request
- $8.7 billion for Project-based vouchers at the President’s level which would short fund the account
- $19.1 billion for Tenant-based voucher program, slightly above the President’s request but contract renewals are at the President’s level which assumes savings from revenue raising provisions
- $75 million to fully fund the President’s request for VASH vouchers
- $650 million for Native American Block Grants
- No funding for the Choice Neighborhoods or Sustainable Communities programs.
- $3.3 billion for CDBG – an increase of $396 million above last year’s level
- $1.2 billion for HOME – an increase of $200 million above last year’s level