Tag: fy 2022
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House passes FY 22 HUD spending bill with thousands of new vouchers
Thousands more low-income renters nationwide will have affordable homes if new voucher funding is passed for next year’s budget. Most affordable housing programs saw increased funding in the Fiscal Year 2022 HUD spending bill passed by the House of Representatives this month. The House approved $56.5 billion for HUD in FY 2022. This is $314…
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Biden’s first budget proposes more money for affordable housing
President Biden’s Fiscal Year 2022 budget request proposes significant increases for programs that serve low-income renters. After years of proposed cuts under the Trump administration, affordable housing programs are now getting support from the White House. The President is requesting $68.7 billion for the Department of Housing and Urban Development (HUD) in FY 2022. This…