From: The Honorable Marcia L. Fudge
Sent By: Jacob.Gelman@mail.house.gov
Support the HOME Investment Partnerships Program (HOME)
Deadline: COB March 18
Current Signers: Vargas, Ellison, Pingree, Bordallo, Hastings (FL), Swalwell, Jackson Lee, McGovern, Welch, Sires, Takai, Schakowsky, Cardenas, Waters, Clark, DeLauro, Veasey, Blumenauer, Lewis, Rangel, Butterfield, Norton, Pascrell, Beatty, Langevin, Pocan, Tsongas, Keating, Chu, Higgins, Clarke, Engel, Brady (PA), Thompson (CA), Nadler, Capps, Lujan Grisham, Van Hollen, D. Davis (IL), Loebsack, Grayson, Gabbard, Scott (VA), Sarbanes, Kirkpatrick, Doyle, Al Green (TX), McNerney, Lowenthal, Lee, Takano, Speier, Ruiz, Conyers, Capuano, Walz, Lo. Sanchez (CA), Rush, Vela, Deutch, Plaskett, Richmond, Beyer, Li. Sanchez (CA), Bishop, Brown, Cicilline, Peters, Cartwright, Grijalva, Cohen, EB Johnson
FY 2015 Signers: Brady (PA), Payne, Langevin, Wasserman Schultz, Cicilline, Wilson (FL), Speier, Lujan Frisham, Thompson (CA), Pallone, Richmond, Pocan, Keating, Kildee, Kirkpatrick, Lewis, Hahn, Veasey, Beatty, Connolly, Grayson, Vela, McGovern, Bonamici, Swalwell, Gabbard, Brownley, Barber, Walz, McDermott, Blumenauer, Scott (VA), McNerney, Pierluisi, Becerra, Schwartz, Levin, Costa, Pingree, Ruiz, Carney, Bera, Capuano, Cartwright, Kilmer, Garcia (FL), Takano, Cardenas, Grijalva, Davis (CA), Loebsack, Shea-Porter, Vargas, Tsongas, Huffman, Negrete McLeod, Van Hollen, O’Rourke, Clark, Nadler, Brown, Lynch, Holmes Norton, D. Davis (IL), Jackson Lee, Capps, Cummings, Tierney, Johnson (GA), Ellison, Moore, Moran, Smith (WA), Lee, Fattah, Welch, Butterfield, Sires, McCarthy (NY), Clarke, Hastings (FL), Rangel, Schakowsky, Pascrell, Cohen, DeLauro, Ruppersberger, Li. Sanchez (CA), Conyers, Bishop (GA), Bordallo, Sarbanes, Edwards, Carson, Israel, Higgins, Johnson (TX), Slaughter
Please join me in a letter urging the Transportation, Housing and Urban Development, and Related Agencies (THUD) Appropriations Subcommittee to restore funding for the HOME Investment Partnerships program (HOME) to its FY 2011 funding level of $1.6 billion in FY 2016.
HOME funding is a vital resource for communities working to meet the needs of low-income families and individuals in need of supportive housing, including veterans, persons with disabilities, seniors and persons experiencing homelessness. Overseen by the U.S. Department of Housing and Urban Development (HUD), the program allows states and localities to respond to their most pressing housing needs. Among its numerous eligible uses, HOME can provide gap financing that is critical to the creation and provision of affordable housing for the families who need it the most.
HOME is currently funded at $900 million, a 44 percent decrease from its FY 2011 funding level and less than half its FY 2004 appropriation. Restoring HOME funding is necessary to address the growing need for affordable housing especially at a time when the Center for Housing Policy reports nearly one in four working households spends more than half its income on housing costs.
The housing industry has and will continue to play a major role in our economic recovery. HOME funding needs to be restored to improve our economy and ensure Americans have access to affordable housing. Please contact Jacob Gelman (Jacob.Gelman@mail.house.gov) at 5-7032 in my office to sign on to the letter.
Marcia L. Fudge
Member of Congress
The Honorable Mario Diaz-Balart The Honorable David Price
Chairman Ranking Member
Subcommittee on Transportion, Housing, Subcommittee on Transportation, Housing,
Urban Development and Related Agencies Urban Development and Related Agencies
Committee on Appropriations Committee on Appropriations
2358-A Rayburn House Office Building 1016 Longworth House Office Building
Washington, D.C. 20515 Washington, D.C. 20515
Dear Chairman Diaz-Balart and Ranking Member Price:
As you begin work on the fiscal year (FY) 2016 appropriations process, we respectfully request your consideration of the needs of the millions of low-income households across the United States without access to affordable housing. Specifically, we ask the Transportation, Housing and Urban Development, and Related Agencies (THUD) Appropriations Subcommittee to restore HOME Investment Partnerships Program (HOME) funding to at least its FY 2011 funding level of $1.6 billion for FY 2016.
HOME funds serve as a critical resource for communities in all 50 states. It works to meet the needs of low-income families and individuals lacking access to affordable housing, including veterans, persons with disabilities, seniors and those experiencing homelessness. Overseen by the U.S. Department of Housing and Urban Development (HUD), the HOME program allows states and localities the freedom and the flexibility to respond to their most pressing housing needs in the way they see fit. HOME funds can be used in a variety of ways by participating jurisdictions, from rehabilitating owner-occupied housing, to assisting home buyers and developing affordable rental housing, as well as providing tenant-based rental assistance.
For FY 2015, HOME was funded at $900 million — a level 44 percent below the FY 2011 enacted level, and a level representing less than half the amount provided for the program in FY 2004. Restoring HOME funding to $1.6 billion must be a part of any effort to address the growing need for affordable housing by the one-in-four working renter households and the one-in-five working homeowners who spend more than half their incomes on housing costs each year.
The HOME Program has demonstrated the remarkable ability to attract other monies to its affordable housing projects, leveraging $4.12 of private and public dollars for every $1 of HOME funding expended over the past twenty years. HOME is also a potent job creator, and HUD estimated in 2012 that an appropriation of $1 billion for HOME would create or preserve approximately 17,870 jobs.
HOME provides housing assistance in over 580 rural, suburban, and urban communities across the country, in addition to all 50 states, the District of Columbia and Puerto Rico. Since 1990, HOME has helped to create over 1.1 million housing units and provided tenant-based rental assistance to nearly 275,000 families.
The housing industry has and will continue to play a major role in our economic recovery. We urge you to restore HOME program funding to $1.6 billion in order to help improve our economy and ensure every American has access to affordable housing.