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

Sponsored Content

Nov 26, 2025

6 Practical Ways Builders Can Cut Cycle Time When Every Day Costs Money

Cycle time isn’t just a scheduling issue. It’s a profit issue — one that grows quietly until it owns your entire operation. But there are strategies to help mitigate those challenges to keep your business running smoothly.

Housing Finance

Nov 25, 2025

Fannie Mae, Freddie Mac Conforming Loan Limits to Rise to $832,750 in 2026

The Federal Housing Finance Agency (FHFA) today announced that the maximum baseline conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2026 will rise to $832,750, an increase of $26,250 from 2025.

View all

Latest Economic News

Economics

Nov 26, 2025

Property Taxes by State – 2024

Nationally, across the 87 million owner-occupied homes in the U.S., the average amount of annual real estate taxes paid in 2024 was $4,271, according to NAHB analysis of the 2024 American Community Survey.

Economics

Nov 25, 2025

Share of New Homes with Decks Edges Lower

The share of new homes with decks edged down from 17.6% in 2023 to a new all-time low of 17.4% in 2024, according to NAHB tabulation of data from the HUD/Census Bureau Survey of Construction (SOC).

Economics

Nov 25, 2025

Building Material Prices Continued to Rise in September

Aggregate residential building material prices rose at their fastest pace since January 2023 in the latest Producer Price Index release from the Bureau of Labor Statistics. Input energy prices increased for the first time in over a year, while service price growth remained lower than goods.