Despite a proven track record, federal housing programs are chronically underfunded. Just one in four households eligible for federal housing assistance actually receive the help they need, leaving the rest to struggle to afford the cost of rent. 

Expanding resources available to help people with the lowest incomes find and maintain safe, stable, affordable, accessible housing depends on increasing federal appropriations. NLIHC monitors the federal budget process and advocates for the highest possible allocation of resources at HUD and the USDA Rural Housing Service to support deeply affordable housing and homelessness resources. 

NLIHC is a Steering Committee member of the Campaign for Housing and Community Development Funding, a coalition of over 75 national organizations working together to ensure robust resources to address America's housing crisis. Learn more here.

Budget Trends

image-20231031140827-1Fact of the Week: Housing Assistance Budget Authority as a Share of GDP Has Declined Precipitously, Spending Relatively Consistent, Since the 1970's
Budget Analysis for Fiscal Year 2024 

NLIHC FY24 Budget Chart for Key HUD Programs (Updated 7/20/23)

Budget Analysis for Fiscal Year 2023 

NLIHC FY23 Budget Chart for Key HUD Programs (Updated 12/19/22)

Additional Resources 

For more information on Budget and Appropriations, contact Kim Johnson, Policy Manager, at [email protected].

Memo to Members and Partners Articles

Biden Administration Releases FY25 Budget Request

President Joe Biden and HUD Secretary Marcia Fudge released on March 11 their full fiscal year (FY) 2025 budget request. Overall, the budget request proposes $72.6 billion – essentially level funding compared to FY24 – through the appropriations process for affordable housing and homelessness…

Biden Administration Releases FY25 Budget Request

President Joe Biden and HUD Secretary Marcia Fudge released today their full fiscal year (FY) 2025 budget request. Overall, the budget request proposes $72.6 billion – essentially level funding compared to FY24 – through the appropriations process for affordable housing and homelessness programs.…