Program | Funding Lost | Household Impact |
---|---|---|
Community Development Block Grant (CDBG) | $2,526,644 | - |
HOME Investment Partnerships Program | $1,189,742 | - |
Public Housing Operating Fund | $89,931 | 161 |
Public Housing Capital Fund | $156,151 | - |
Housing Choice Vouchers | $1,559,463 | 177 |
TOTAL | $5,521,931 | 338 |
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 Pasco County, Florida qualified for $230,809 in capital repairs. A 68.4% reduction in the Public Housing Capital Fund would reduce repair funding by $156,151 and would slow down or halt repairs for about 207 families in Pasco 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 Pasco County, Florida qualified for $791,393 in operating subsidy. A 13.3% reduction in the Public Housing Operating Fund would reduce subsidies received in Pasco County, Florida by $89,931 and would cut services to the 109 families living in Public Housing in Pasco 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 Pasco County, the average public housing tenant who now pays $256 toward rent would pay $299 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 $123. 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 Pasco County could pay as much as an additional $166 toward their housing costs. With an average monthly income of $933, that means the average family will be left with $512 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 $734, Pasco County Housing Authorities could lose approximately 177 out of 1,533 vouchers with a total annual rent value of $1,559,016 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 Pasco County, the average voucher holder who now pays $347 toward rent would pay $405 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 $192. 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 Pasco County could pay as much as an additional $250 toward their housing costs. With an average monthly income of $1,210, that means the average voucher family will be left with $613 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 Pasco County, Florida.
In 2018, Pasco County, Florida stands to lose $2,526,644 per year in funding.
For examples on how the CDBG program impacts Pasco 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. Pasco County, Florida would lose an estimated $1,189,742 per year in affordable housing funding.
For examples on how the HOME program impacts Pasco 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.
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