House Bill Restores Funding for Several Housing Programs from Trump Budget

The House Appropriations Committee has voted to restore funding for key housing programs that President Trump eliminated in his “skinny budget,” such as housing choice vouchers, project-based rental assistance and the Community Development Block Grant (CDBG) program.

However, as part of its fiscal 2026 spending bill that covers Transportation, Housing and Urban Development and Related Agencies, lawmakers failed to restore funding for the HOME Investment Partnerships (HOME) program.

NAHB advocated to keep this program at $1.25 billion, which is the current funding level. HOME funds are a critical source of gap financing for Low-Income Housing Tax Credit developments, as well as for homeownership for first-time and low-income home buyers. As the appropriations process moves forward, NAHB will continue to urge lawmakers to restore the HOME program to the fiscal 2025 spending level.

The House appropriations bill includes:

• $67.75 billion for HUD, which is $939 million below the fiscal 2025 enacted level.
• $35.27 billion for the Tenant-Based Rental Assistance Program, which will maintain housing support for over 2 million households.
• $17.13 billion for Project-Based Rental Assistance, which is a $237 million increase above the fiscal 2025 enacted levels. This funding provides a full renewal of housing contracts serving about 1.2 million households.
• $3.3 billion for the CDBG program.
• $400 billion limitation on guaranteed loans for the Federal Housing Administration’s Mutual Mortgage Insurance Program and $160 million to carry out the program.