Senate Appropriations Committee

Transportation, Housing and Urban Development, and Related Agencies Subcommittee

The President’s Fiscal Year 2024 Funding Request and Budget Justification for the US Department of Housing and Urban Development

192 Dirksen
Thu, 20 Apr 2023 14:00:00 GMT

Hearing page

Chair Brian Schatz (D-Hawaii)

Witness:
  • Marcia Fudge, Secretary, Department of Housing and Urban Development

FY 2024 Budget request of $73.3 billion.

STRATEGIC GOAL 4: ADVANCE SUSTAINABLE COMMUNITIES

Advance sustainable communities by strengthening climate resilience and energy efficiency, promoting environmental justice, and recognizing housing’s role as essential to health

The following investments will help HUD achieve this goal:
  • Public Housing Fund: $300 million for the installation of measures to increase energy efficiency, reduce water consumption, and promote climate resilience in public housing. In addition, the Budget includes $85 million to evaluate and reduce residential health hazards in public housing, including lead-based paint, and an increase of $25 million for public housing capital funds (under the Public Housing Fund), which will be critical to improving the quality of public housing.
  • Native American Programs: $150 million awarded to eligible Indian Tribes and Tribally Designated Housing Entities (TDHEs) that rehabilitate and construct new housing units with the focus on increasing energy efficiency, improving water conservation, and furthering climate resilience in housing developments within Indian Country.
  • Choice Neighborhoods: $185 million to help communities develop and implement locally-driven, comprehensive neighborhood plans to transform underserved neighborhoods. The program advances climate resilience and environmental justice by redeveloping and replacing distressed public and multifamily housing and neighborhood amenities with resilient and energy-efficient structures.
  • Community Development Loan Guarantee (Section 108): $400 million of loan guarantees, a $100 million increase from 2023, so communities can leverage their Community Development Block Grant to tackle large-scale community and economic development projects. This proposal is in response to the increase in demand for this low-cost, flexible financing for physical and economic revitalization projects.
  • Lead Hazard Control and Healthy Homes: $410 million to mitigate lead hazards in low-income, unassisted households, as well as identify and mitigate multiple health hazards.