On March 14, Congress passed a Continuing Resolution (CR) to keep the federal government funded through the end of the Fiscal Year in September. The CR extends funding for most programs at FY24 levels and includes a $4.6 billion increase for key housing programs.
Table 1: FY25 Budget Chart for Key Housing Programs
| Federal Housing Program | FY25 Final Funding |
| Tenant-Based Rental Assistance (TBRA) | $32.39 Billion |
| Project-Based Rental Assistance (PBRA) | $16.01 Billion |
| Public Housing Capital Fund | $3.41 Billion |
| Public Housing Operating Fund | $5.50 Billion |
| Community Development Fund | $6.72 Billion |
| Homeless Assistance Grants | $4.05 Billion |
| HOME Investment Partnerships | $1.25 Billion |
| Section 202 – Housing for the Elderly | $913 Million |
| Housing Opportunities for Persons w/ AIDS (HOPWA) | $505 Million |
| Healthy Homes & Lead Hazard | $345 Million |
| Section 811 – Housing for Persons w/ Disabilities | $208 Million |
| Policy Development & Research | $119 Million |
| Fair Housing & Equal Opportunity | $86 Million |
| Choice Neighborhoods | $75 Million |
| Housing Counseling Assistance | $57.5 Million |
| Self-Help Homeownership Opportunity | $12 Million |
| PRICE Competitive Grants | $10 Million |
| US Interagency Council on Homelessness (USICH) | $4 Million |
Source: FY25 Budget Chart for Selected Federal Housing Programs
US Department of Housing & Urban Development (HUD) programs that saw funding increases from FY24 levels include:
- Tenant-Based Rental Assistance (TBRA), +$3.65 billion
- This increase is not large enough to cover the cost of voucher renewals and will result in the estimated loss of an estimated 32,000 vouchers from the program upon turnover.
- Project-Based Rental Assistance (PBRA), +$880 million
- Section 811 housing for people with disabilities, +$48.7 million
- Section 202 housing for the elderly, +$18.4 million
HUD Programs that saw funding decreases include:
- Community Development Fund, (-$3.29 billion): The budget takes out funding for congressionally requested/earmarked funds. Pathways to Removing Obstacles (PRO) PRO housing funding and formula grant funding levels remain the same as FY24.
- Homeless Assistance Grants, (-$168 million): Rather than calling for additional funding for HUD’s Homeless Assistance Grants program, the CR gives the HUD Secretary the authority to “repurpose funds made available” for the Continuum of Care (CoC) Builds program to instead fund CoC renewals.
The bill does not include much needed additional spending for disaster recovery, despite the devastation caused by the Los Angeles wildfires in January, which are estimated to cost around $250 billion, nor does it address the looming debt ceiling deadline this summer.
What’s next? Congress is turning its attention to the FY26 budget, continuing to wrestle with debt ceiling negotiations and updating tax policy.
For more information on funding amounts for key programs, check out the budget chart created by our colleagues at the National Low Income Housing Coalition.
