House Panel Votes to Increase HUD Funding by $6.8 Billion

Multifamily
Published

The House Appropriations Committee today voted to approve $56.5 billion for the U.S. Department of Housing and Urban Development (HUD) for fiscal year 2022, an increase of $6.8 billion above the fiscal year 2021 level.

The legislation:

  • Includes $29.2 billion for the Section 8 Tenant-based Rental Assistance program to continue to serve more than 2.3 million very low- and extremely low-income households nationwide.
  • Provides $14 billion for the Section 8 Project-based Rental Assistance program to continue to house more than 1.2 million very low- and low-income households nationwide, an increase of $545 million above fiscal year 2021.
  • Doubles funding for the Choice Neighborhoods Initiativeto $400 million, an increase of $200 million above fiscal year 2021.
  • Provides $3.7 billion for Community Development Block Grants, an increase of $265 million above fiscal year 2021. This also includes $1.85 billion for the HOME Investment Partnerships Program, which has helped preserve approximately 1.33 million affordable homes.
  • Includes $50 million for a new down payment assistance program to help first-time, first-generation home buyers purchase a home.

H-2B Win

In a related development, the House Appropriations Committee also passed its fiscal year 2022 Labor, Health and Human Services, Education, and Related Agencies funding bill that will allow builders to employ workers who have H-2B guest worker visas. The bill originally contained problematic provisions that would have prohibited construction’s use of the H-2B program.

NAHB sent a letter to members of the Appropriations Committee urging them to remove these provisions from the legislation, and an amendment introduced by Rep. Andy Harris (D-Md.) to do so was approved by a voice vote. As a result, residential construction firms will be able to hire foreign workers with H-2B visas who come temporarily to the United States to perform temporary non-agricultural services or labor — including construction work — on a one-time, seasonal, peakload or intermittent basis.

View more details of the HUD appropriations bill.

Subscribe to NAHBNow

Log in or create account to subscribe to notifications of new posts.

Log in to subscribe

Latest from NAHBNow

Economics

Oct 08, 2025

How Do Median Square-Foot Prices Differ by Region?

Median square-foot prices for new single-family detached homes started in 2024 grew modestly, according to NAHB’s analysis of the latest Survey of Construction data. See how they differ by region.

Member Benefits | Membership

Oct 07, 2025

Tax Incentives That Multiply the Benefits of NAHB's Vehicle Savings Programs

Combining the benefits of Section 179 tax deductions with the discounts offered through the NAHB Member Savings Program can be a game-changer for business owners.

View all

Latest Economic News

Economics

Oct 07, 2025

Minority-Owned Residential Building Firms Continue to Rise

The share of minority-owned new residential builders and remodelers has more than doubled since the Great Recession, with noticeable gains from 2017 to 2022. Nevertheless, when compared to the overall U.S. population, minority-owned firms continue to be underrepresented within both housing sectors.

Economics

Oct 06, 2025

Shorter Apartment Construction Time in 2024

The average time needed to complete construction of a multifamily building after obtaining authorization edged down in 2024, according to the 2024 Survey of Construction (SOC) from the Census Bureau. On average, it took 19.6 months from permit to completion, about 0.3 months shorter than in 2023.

Economics

Oct 03, 2025

Supply-Side Cost Pressures Drove Housing as Inflation Leader in 2024

Though the rate of inflation peaked in June 2022, consumer prices continued to increase throughout 2023 and 2024 as inflation drove further price growth, according to 2024 CPI review from the Bureau of Labor Statistics.