The Housing Assistance Council has compiled annual obligations for USDA, FY 13 here. In NY, 147 Single Family Housing 502 Direct Loans were made, while 2281 guaranteed loans for single family homeownership were made. There were only 4 multi family 515 loans and 2 Housing Preservation Grants awarded. Two MFH revitalization grants were made. 3869 vouchers for rental housing under the 521 rental assistance program were under contract for just over 18.5 Million Dollars with another 1.2 Million in MFH Tenant Vouchers.
Author: blairsebastian
Federal Housing Programs funded for FY 14
Tables showing funding levels here for USDA programs with funding levels clearly not a priority, but better than hoped
HUD Programs did a little better with HOME and CDBG at levels higher than the Presidents ask
|
Federal Housing and Community Development Programs |
|||||||
| HUD |
FY 12 Final |
FY13 Final* |
FY 14 Budget |
FY 14 House |
FY 14 Senate |
FY 14 Final |
|
| Neighborhood Reinvestment Corporation |
$135 |
135 |
127 |
127 |
138.3 |
136.6 |
|
| Mortgage Foreclosure Mitigation |
$80 |
80 |
77 |
58 |
77 |
67.5 |
|
| HOME |
1000 |
1000 |
950 |
700 |
1,000 |
1,000 |
|
| Capacity Building |
0 |
0 |
20 |
0 |
0 |
0 |
|
| Transformation Initiative |
0 |
0 |
80 |
0 |
60 |
40 |
|
| Housing Counseling |
$45 |
45 |
55 |
35 |
55 |
45 |
|
| Community Development Fund |
3,408 |
3,408 |
3,143 |
1,696 |
3,295 |
3,100 |
|
| CDBG Formula funding |
2,948 |
2,948 |
2,784 |
1,637 |
3,150 |
3,030 |
|
| Catalytic Investment Competition Grants |
0 |
0 |
0 |
0 |
0 |
0 |
|
| Sustainable Communities |
0 |
0 |
0 |
0 |
0 |
0 |
|
| Regional Planning Grants |
0 |
0 |
0 |
0 |
0 |
0 |
|
| Community Challenge Grants |
0 |
0 |
0 |
0 |
0 |
0 |
|
| HUD-DOT research |
0 |
0 |
0 |
0 |
0 |
0 |
|
| Rural Innovation Fund |
0 |
0 |
0 |
0 |
0 |
0 |
|
| University Community Fund |
0 |
0 |
0 |
0 |
0 |
0 |
|
| Choice Neighborhoods Initiative |
$120 |
120 |
400 |
-120 |
250 |
90 |
|
| Housing Trust Fund* (mandatory) |
0 |
0 |
1,000 |
0 |
0 |
0 |
|
| SHOP (Under HOME, not separate) |
$53.50 |
53.5 |
10 |
10 |
53.5 |
50 |
|
| Section 108 Program Level |
$240 |
240 |
500 |
500 |
500 |
150 |
|
| Section 108 Budget Authority |
$5.90 |
5.9 |
0 |
0 |
0 |
3 |
|
| Section 202 Housing for Elderly |
$374.60 |
374.6 |
400 |
374.6 |
400 |
383 |
|
NYS Legislature Announces Joint Budget Hearings
The State legislature has announced their joint budget hearing schedule. Housing Hearings are scheduled for Tuesday, February 4, 2014 at 9:30 am in Hearing Room B. Please call A. Clinton Freeman’s office, 518.455-5491, to get on the schedule. Forty copies of your testimony are requested at the door. Slots are kept to 10 minutes
If you wish to submit testimony on the NYS Housing Programs budget only and not speak, send 10 copies to A. Herman D. Farrell, Jr. 923 LOB, Albany NY 12248.
Check the pages above for Rural Advocates 2014 talking points and information about the legislative days
The Governor’s State of the State reflected a continued support for affordable housing. He proposes tax relief for low income renters (State wide) and proposed $100 million in additional investment to create and preserve 3000 units through the 2013 House NY, producing 3500 construction jobs.
The Governor reported on his housing recovery programs with federal disaster relief funding which reimburses owners for repair and reconstruction of storm damaged homes and rentals. Funding can be used to purchase homes at risk of future damage, to elevate homes and other flood and storm surge mitigagtion measures. Funding is available to legal services providers for residents and communities who need assistance with code administration all totaling $1.5 billion for housing reconstruction for disaster recovery.
The Governor also has proposed amending the Real Property Law to prohibit discrimination against DV victims in housing
Watch the Governor’s State of the State today at 1:30
Governor’s State of the State proposes new affordable housing with Sandy funds
According to the Daily News, The State of the State will contain a new affordable housing program for NY. “ Cuomo’s affordable housing proposal will be modeled after the $1 billion House NY initiative unveiled in last year’s State of the State Address. That program, run by the Division of Housing and Community Renewal, seeks to develop 14,000 affordable housing units over the next five years by providing funds to developers and nonprofit organizations that develop low-cost housing.”
Will there be affordable housing funds in the proposal for Rural New York? “One of the proposals would allocate $100 million in federal Hurricane Sandy recovery funds to create 3,000 new units of affordable housing over the next two years in storm-ravaged areas around the state”
National Housing Trust Fund supported
The NY Times Editorial Board lends its support: “To cope with a worsening crisis, the Federal Housing Finance Agency should jump-start a trust fund program.”
Congressional budget framework approved in the House
(source: Housing Assistance Council)December 16, 2013 – The House on December 12 approved by a 332-94 vote a bipartisan budget agreement that had been announced earlier in the week. If the Senate also approves H.J. Res. 59, setting an overall budget framework, Congressional appropriators will then move to complete spending bills for the rest of FY 2014. The Agriculture and Transportation-HUD bills appear to be candidates for inclusion in an omnibus wrap-up law. Other more contentious appropriations measures, such the Labor-HHS bill, will likely end up in a year-long continuing resolution for 2014. Senate action is expected during the week of December 16. No spending levels for programs have so far been revealed. Continue reading
Federal Rental Assistance Update
December 16, 2013 – USDA has obtained the funding it requested from the Office of Management and Budget to cover one-year renewals of all Section 521 Rental Assistance that expire before January 15, 2014.
Not getting any easier
” significant erosion
in renter incomes over the past decade has
pushed the number of households paying
excessive shares of income for housing to
record levels. Assistance efforts have
failed to keep pace with this escalating
need, undermining the nation’s longstanding
goal of ensuring decent and affordable
housing for all.”
Annual Joint Center for Housing Studies at Harvard report on America’s Rental Housing
NEW YORK STATE RURAL ADVOCATES 