Program | Funding Lost | Household Impact |
---|---|---|
Community Development Block Grant (CDBG) | $3,020,603 | - |
HOME Investment Partnerships Program | $992,324 | - |
Public Housing Operating Fund | $463,070 | 1,066 |
Public Housing Capital Fund | $817,982 | - |
Housing Choice Vouchers | $2,704,241 | 334 |
TOTAL | $7,998,220 | 1,400 |
Funded at $1.9415 billion in FY17 and used to fund repairs at Public Housing properties, the Capital Fund could be cut by $1.3135 billion (67.65%), reducing funds available for repairs at all 1.2 million rental units.
Public Housing properties operated in Volusia County, Florida qualified for $1,209,069 in capital repairs. A 68.4% reduction in the Public Housing Capital Fund would reduce repair funding by $817,982 and would slow down or halt repairs for about 918 families in Volusia County, Florida.
Funded at $4.4 billion in FY17 and used to subsidize the rent of all 1.2 million families living in Public Housing, the Operating Fund could be cut by $500 million (11.3%).
In 2016, Public Housing properties located in Volusia County, Florida qualified for $4,075,017 in operating subsidy. A 13.3% reduction in the Public Housing Operating Fund would reduce subsidies received in Volusia County, Florida by $463,070 and would cut services to families living in Public Housing in Volusia County, Florida and could take some units off line for lack of operational funding.
The White House budget proposes sweeping changes to the financial structure of housing subsidies. It proposes tenant contributions be increased from 30% of income to 35%, a minimum rent of $50 (up from $25) and eliminating utility reimbursements.
If these reforms were put into place, it is possible that no current housing assistance recipient would lose their home, but all households benefiting from the program would pay substantially more for housing.
In Volusia County, the average public housing tenant who now pays $276 toward rent would pay $322 under the Trump/Carson HUD budget. In addition, tenants would not receive reimbursement for tenant-paid utilities which could be as much or more than $87. This utility reimbursement prohibition alone would impact the poorest of the poor and have a catastrophic impact on their housing expenses.
As a result of the housing subsidy reforms proposed in the 2018 White House budget, the average public housing tenant recipient in Volusia County could pay as much as an additional $133 toward their housing costs. With an average monthly income of $1,081, that means the average family will be left with $672 per month to cover all non-housing living expenses.
Funded at $20.292 billion in FY17 the Housing Choice Voucher program would be cut by $.974 billion in FY 18 to $19.3179 billion.
However, FY 18 funding to renew vouchers that are already in use is only funded at $17.584 billion. Based on recently released HUD inflationary factors and an estimate of the number of new vouchers to be issued through 2017, FY 18 funding would need to be $19.88 billion to renew all existing vouchers. The FY 18 budget effectively cuts Housing Choice Voucher funding by $2.296 billion or 11.55%.
Based on the 2016 average monthly voucher cost of $674, Volusia County Housing Authorities could lose approximately 334 out of 2,895 vouchers with a total annual rent value of $2,701,392 without significant changes to housing policy.
The White House budget proposes sweeping changes to the financial structure of housing subsidies. Notably, for all rental assistance programs, which includes the housing choice voucher program, it proposes tenant contributions be increased from 30% of income to 35%, a minimum rent of $50 (up from $25) and eliminating utility reimbursements.
If these reforms were put into place, it is possible that no current housing assistance recipient would lose their voucher, but all households benefiting from the program would pay substantially more for housing.
In Volusia County, the average voucher holder who now pays $358 toward rent would pay $418 under the Trump/Carson HUD budget. In addition, tenants would not receive reimbursement for tenant-paid utilities which could be as much or more than $143. This utility reimbursement prohibition alone would impact the poorest of the poor and have a catastrophic impact on their housing expenses.
As a result of the housing subsidy reforms proposed in the 2018 White House budget, the average voucher recipient in Volusia County could pay as much as an additional $203 toward their housing costs. With an average monthly income of $1,137, that means the average voucher family will be left with $576 per month to cover all non-housing living expenses.
Funded at $3.060 billion in FY17 and used for a variety of community development projects ranging from streetscape projects to Meals on Wheels programs, the CDBG program would be eliminated completely by the Trump/Carson Administration. From 1977 through 2014, the CDBG program has funded an estimated $0 (inflation adjusted) in community development projects in Volusia County, Florida.
In 2018, Volusia County, Florida stands to lose $3,020,603 per year in funding.
For examples on how the CDBG program impacts Volusia County, Florida, view the table of CDBG activity.
Funded at $950 million in FY17 and used to fund many affordable housing related activities like homeownership and rental housing development, the HOME program would be eliminated completely by the Administration. Volusia County, Florida would lose an estimated $992,324 per year in affordable housing funding.
For examples on how the HOME program impacts Volusia County, Florida, view the table of HOME activity.
Estimates on this page are based on the FY 18 White House Budget and HUD data sets.
Direct sources and source changes are available on the FY 18 HUD Budget Cut Estimator Change Log, Sources, and Methodology page.
Interested in a waiting list that opens soon?
Get a head start, and scan important documents you may need for applications, like drivers licenses, birth certificates, and Social Security cards.Bri-Anna Barbosa says:
"Affordable Housing Online is very informative and helpful by keeping you up to date with housing, including what's available and how to apply."