DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

Public and Indian Housing Programs

Federal Funds

Rental Assistance Demonstration

For continuing activities under the heading "Rental Assistance Demonstration" in the Department of Housing and Urban Development Appropriations Act, 2012 (Public Law 112–55), and in accordance with priorities established by the Secretary, $10,000,000, to remain available through September 30, 2017: Provided, That such funds shall only be available to properties converting from assistance under section 9 of the United States Housing Act of 1937 (42 U.S.C. 1437g).

Note.—A full-year 2013 appropriation for this account was not enacted at the time the budget was prepared; therefore, the budget assumes this account is operating under the Continuing Appropriations Resolution, 2013 (P.L. 112–175). The amounts included for 2013 reflect the annualized level provided by the continuing resolution.

Program and Financing (in millions of dollars)


Identification code 86–0406–0–1–604 2012 actual 2013 CR 2014 est.

Obligations by program activity:
0001 RAD Incremental Conversion Cost 10



0100 Direct program activities, subtotal 10



0900 Total new obligations (object class 41.0) 10

Budgetary Resources:
Budget authority:
Appropriations, discretionary:
1100 Appropriation 10



1160 Appropriation, discretionary (total) 10
1930 Total budgetary resources available 10

Change in obligated balance:
Unpaid obligations:
3010 Obligations incurred, unexpired accounts 10



3050 Unpaid obligations, end of year 10
Memorandum (non-add) entries:
3200 Obligated balance, end of year 10

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 10
4180 Budget authority, net (total) 10

In 2014, the Department will continue implementation of the Rental Assistance Demonstration (RAD), authorized by the Consolidated and Further Continuing Appropriations Act of 2012 (P.L. 112–55). Under RAD, Public Housing Authorities (PHAs) and other owners of rental properties assisted under the Public Housing, Moderate Rehabilitation (Mod Rehab), Rent Supplement (Rent Supp) and Rental Assistance Payment (RAP) programs are offered the option to convert their properties to long-term, project-based Section 8 contracts that can leverage private financing for capital improvements. Through February 2013, HUD awarded 112 initial approvals to 70 PHAs, supporting the eventual conversion of over 12,100 Public Housing units; and 24 approvals to private owners of Rent Supp, RAP, and Mod Rehab properties for the conversion of 2,770 units with contracts expiring through September 30, 2013. The Department has also received 38 Letters of Interest (constituting an additional 4,300 units) from private owners of properties with contracts expiring after September 30, 2013.

While the Department will continue to process no-cost conversions in 2014, the Budget requests $10 million for a targeted expansion of RAD to Public Housing properties that cannot feasibly convert at existing funding levels and are located in high-poverty neighborhoods, including designated Promise Zones, where the Administration is supporting comprehensive revitalization efforts. This request will cover the incremental subsidy cost of converting approximately 3,300 Public Housing units, thereby increasing private investment in targeted projects and surrounding neighborhoods.

The Budget also includes the following proposals to facilitate additional no-cost conversions of HUD-assisted properties under RAD: 1) increases the unit cap on Public Housing conversions from 60,000 to 150,000; 2) excludes Mod Rehab properties from the unit cap; 3) makes Section 8 Mod Rehab Single Room Occupancy properties eligible for RAD; and 4) extends by two years (through September 30, 2015) the sunset date on conversions of Rent Supp, RAP and Mod Rehab properties.

Public and Indian Housing

tenant-based rental assistance

For activities and assistance for the provision of tenant-based rental assistance authorized under the United States Housing Act of 1937, as amended (42 U.S.C. 1437 et seq.) ("the Act'' herein), not otherwise provided for, $15,989,216,000, to remain available until expended, shall be available on October 1, 2013 (in addition to the $4,000,000,000 previously appropriated under this heading that became available on October 1, 2013), and $4,000,000,000, to remain available until expended, shall be available on October 1, 2014: Provided, That amounts made available under this heading are provided as follows:

(1) $17,968,278,000 shall be available for renewals of expiring section 8 tenant-based annual contributions contracts (including renewals of enhanced vouchers under any provision of law authorizing such assistance under section 8(t) of the Act) and including renewal of other special purpose incremental vouchers: Provided, That notwithstanding any other provision of law, from amounts provided under this paragraph and any carryover, the Secretary for the calendar year 2014 funding cycle shall provide renewal funding for each public housing agency based on validated voucher management system (VMS) leasing and cost data for the prior calendar year and by applying an inflation factor as established by the Secretary, by notice published in the Federal Register, and by making any necessary adjustments for the costs associated with the first-time renewal of vouchers under this paragraph, including tenant protection and HOPE VI vouchers: Provided further, That in determining calendar year 2014 funding allocation under this heading for public housing agencies, including agencies participating in the Moving To Work (MTW) demonstration, the Secretary may take into account the anticipated impact of changes in targeting, medical expense thresholds, and utility allowances, to public housing agencies' contract renewal needs: Provided further, That the Secretary shall, to the extent necessary to stay within the amount specified under this paragraph (except as otherwise modified under this Act), pro rate each public housing agency's allocation otherwise established pursuant to this paragraph: Provided further, That except as provided in the following provisos, the entire amount specified under this paragraph (except as otherwise modified under this Act) shall be obligated to the public housing agencies based on the allocation and pro rata method described above, and the Secretary shall notify public housing agencies of their annual budget by the latter of 60 days after enactment of this Act or March 1, 2014: Provided further, That the Secretary may extend the notification period, with notification to the House and Senate Committees on Appropriations: Provided further, That public housing agencies participating in the MTW demonstration shall be funded pursuant to their MTW agreements and shall be subject to the same pro rata adjustments under the previous provisos: Provided further, That the Secretary may offset public housing agencies' calendar year 2014 allocations by the excess amount of agencies' reserves as established by the Secretary: Provided further, That public housing agencies participating in the MTW demonstration shall also be subject to the offset, as determined by the Secretary, from the agencies' calendar year 2014 MTW funding allocation: Provided further, That the Secretary shall use any offset referred to in the previous two provisos throughout the calendar year to prevent the termination of rental assistance for families as the result of insufficient funding, as determined by the Secretary, and to avoid or reduce the proration of renewal funding allocations : Provided further, That up to $50,000,000 shall be available only: (1) for adjustments in the allocations for public housing agencies, after application for an adjustment by a public housing agency, that experienced a significant increase, as determined by the Secretary, in renewal costs of vouchers resulting from unforeseen circumstances or from portability under section 8(r) of the Act; (2) for vouchers that were not in use during the 12-month period in order to be available to meet a commitment pursuant to section 8(o)(13) of the Act; (3) for adjustments for costs associated with HUD-Veterans Affairs Supportive Housing (HUD-VASH) vouchers; (4) for adjustments in the allocations for public housing agencies that experienced a significant increase, as determined by the Secretary, in renewal costs as a result of participation in the Small Area Fair Market Rent demonstration: Provided further, That the Secretary shall allocate amounts under the previous proviso based on need as determined by the Secretary; and (5) for public housing agencies that despite taking reasonable cost savings measures, as determined by the Secretary, would otherwise be required to terminate rental assistance for families as the result of insufficient funding;

(2) $150,000,000 shall be for section 8 rental assistance for relocation and replacement of housing units that are demolished or disposed of pursuant to section 18 of the Act, conversion of section 23 projects to assistance under section 8, the family unification program under section 8(x) of the Act, relocation of witnesses in connection with efforts to combat crime in public and assisted housing pursuant to a request from a law enforcement or prosecution agency, enhanced vouchers under any provision of law authorizing such assistance under section 8(t) of the Act, HOPE VI vouchers, mandatory and voluntary conversions, and tenant protection assistance including replacement and relocation assistance or for project-based assistance to prevent the displacement of unassisted elderly tenants currently residing in section 202 properties financed between 1959 and 1974 that are refinanced pursuant to Public Law 106–569, as amended, or under the authority as provided under this Act: Provided, That when a public housing development is submitted for demolition or disposition under section 18 of the Act, the Secretary may provide section 8 rental assistance when the units pose an imminent health and safety risk to residents: Provided further, That the Secretary, for the purposes under this paragraph, may use unobligated balances, including recaptures and carryovers, remaining from amounts appropriated in prior fiscal years under this heading for voucher assistance for nonelderly disabled families and for disaster assistance made available under Public Law 110–329;

(3) $1,685,374,000 shall be for administrative and other expenses of public housing agencies in administering the section 8 tenant-based rental assistance program, of which up to $50,000,000 shall be available to the Secretary to allocate to public housing agencies that need additional funds to administer their section 8 programs, including fees associated with section 8 tenant protection rental assistance, the administration of disaster- related vouchers, Veterans Affairs Supportive Housing vouchers, and other special purpose incremental vouchers: Provided, That no less than $1,635,374,000 of the amount provided in this paragraph shall be allocated to public housing agencies for the calendar year 2014 funding cycle based on section 8(q) of the Act (and related Appropriation Act provisions) as in effect immediately before the enactment of the Quality Housing and Work Responsibility Act of 1998 (Public Law 105–276): Provided further, That if the amounts made available under this paragraph are insufficient to pay the amounts determined under the previous proviso, the Secretary may decrease the amounts allocated to agencies by a uniform percentage applicable to all agencies receiving funding under this paragraph or may, to the extent necessary to provide full payment of amounts determined under the previous proviso, utilize unobligated balances, including recaptures and carryovers, remaining from funds appropriated to the Department of Housing and Urban Development under this heading from prior fiscal years, notwithstanding the purposes for which such amounts were appropriated: Provided further, That all public housing agencies participating in the MTW demonstration shall be funded pursuant to their MTW agreements, and shall be subject to the same uniform percentage decrease as under the previous proviso: Provided further, That amounts provided under this paragraph shall be only for activities related to the provision of tenant-based rental assistance authorized under section 8, including related development activities;

(4) $110,564,000 for the renewal of tenant-based assistance contracts under section 811 of the Cranston-Gonzalez National Affordable Housing Act (42 U.S.C. 8013), including necessary administrative expenses: Provided, That administrative and other expenses of public housing agencies in administering the special purpose vouchers in this paragraph shall be funded under the same terms and be subject to the same pro rata reduction as the percent decrease for administrative and other expenses to public housing agencies under paragraph (3) of this heading;

(5) $75,000,000 for incremental rental voucher assistance for use through a supported housing program administered in conjunction with the Department of Veterans Affairs as authorized under section 8(o)(19) of the United States Housing Act of 1937: Provided, That the Secretary of Housing and Urban Development shall make such funding available, notwithstanding section 204 (competition provision) of this title, to public housing agencies that partner with eligible VA Medical Centers or other entities as designated by the Secretary of the Department of Veterans Affairs, based on geographical need for such assistance as identified by the Secretary of the Department of Veterans Affairs, public housing agency administrative performance, and other factors as specified by the Secretary of Housing and Urban Development in consultation with the Secretary of the Department of Veterans Affairs: Provided further, That the Secretary of Housing and Urban Development may waive, or specify alternative requirements for (in consultation with the Secretary of the Department of Veterans Affairs), any provision of any statute or regulation that the Secretary of Housing and Urban Development administers in connection with the use of funds made available under this paragraph (except for requirements related to fair housing, nondiscrimination, labor standards, and the environment), upon a finding by the Secretary that any such waivers or alternative requirements are necessary for the effective delivery and administration of such voucher assistance: Provided further, That assistance made available under this paragraph shall continue to remain available for homeless veterans upon turn-over; and

(6) The Secretary shall separately track all special purpose vouchers funded under this heading.

Note.—A full-year 2013 appropriation for this account was not enacted at the time the budget was prepared; therefore, the budget assumes this account is operating under the Continuing Appropriations Resolution, 2013 (P.L. 112–175). The amounts included for 2013 reflect the annualized level provided by the continuing resolution.

Program and Financing (in millions of dollars)


Identification code 86–0302–0–1–604 2012 actual 2013 CR 2014 est.

Obligations by program activity:
0001 Tenant Protection 117 94 150
0002 Administrative Fees 1,490 1,451 1,685
0003 Family Self Sufficiency Coordinators 61 62
0006 Contract Renewals 16,488 17,329 17,953
0007 Rental Assistance Demonstration 22
0008 Veterans Affairs Supportive Housing Vouchers 78 76 75
0012 Disaster Housing Assistance Program 2
0013 Section 811 Mainstream Vouchers 82 146 111



0900 Total new obligations (object class 41.0) 18,316 19,160 19,996

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 179 154
1021 Recoveries of prior year unpaid obligations 27



1050 Unobligated balance (total) 206 154
Budget authority:
Appropriations, discretionary:
1100 Appropriation 14,914 15,006 15,989
1120 Appropriations transferred to other accts [86–0402] –15
1121 Appropriations transferred from other accts [86–0304] 6
1121 Appropriations transferred from other accts [86–0163] 16



1160 Appropriation, discretionary (total) 14,914 15,006 15,996
Advance appropriations, discretionary:
1170 Advance appropriation 4,000 4,000 4,000
1173 Advance appropriations permanently reduced –650



1180 Advanced appropriation, discretionary (total) 3,350 4,000 4,000
1900 Budget authority (total) 18,264 19,006 19,996
1930 Total budgetary resources available 18,470 19,160 19,996
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 154

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 1,677 2,008 2,249
3010 Obligations incurred, unexpired accounts 18,316 19,160 19,996
3020 Outlays (gross) –17,952 –18,919 –19,956
3040 Recoveries of prior year unpaid obligations, unexpired –27
3041 Recoveries of prior year unpaid obligations, expired –6



3050 Unpaid obligations, end of year 2,008 2,249 2,289
Memorandum (non-add) entries:
3100 Obligated balance, start of year 1,677 2,008 2,249
3200 Obligated balance, end of year 2,008 2,249 2,289

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 18,264 19,006 19,996
Outlays, gross:
4010 Outlays from new discretionary authority 16,194 17,037 17,897
4011 Outlays from discretionary balances 1,758 1,882 2,059



4020 Outlays, gross (total) 17,952 18,919 19,956
4180 Budget authority, net (total) 18,264 19,006 19,996
4190 Outlays, net (total) 17,952 18,919 19,956

The 2014 Budget provides $20 billion for the Tenant-Based Rental Assistance Program (also known as the Housing Choice Voucher program). The Housing Choice Voucher program provides housing assistance to 2.2 million extremely low- to very low-income families to rent in the neighborhoods of their choice. This is the Federal government's largest and most income-targeted program for assisting very low-income families to rent decent, safe and sanitary housing in the private market. About 2,350 state and local Public Housing Authorities (PHAs) administer the Housing Choice Voucher program.

In addition to continuing assistance for families anticipated to be under lease by 2013, the Budget provides new vouchers to make progress on HUD's annual performance goals to maximize the number of families receiving rental assistance and to reduce the number of homeless veterans. The Budget includes $111 million to renew over 14,000 vouchers for persons with disabilities that were previously funded from the Section 811 account, and $75 million in new vouchers for homeless veterans through the HUD-Veteran Affairs Supportive Housing (HUD-VASH) program. The Budget also requests $150 million for tenant protection vouchers, which are provided when certain actions occur beyond the control of the residents, such as public housing demolition or disposition, or when landlords terminate their Project-Based Rental Assistance contracts.

The Budget proposes comprehensive legislative reforms across HUD's core rental assistance programs (Housing Choice Vouchers, Project-Based Rental Assistance, and Public Housing). The main goals of this legislation are to improve family outcomes, streamline program delivery, reduce burden on PHAs and private owners, and reduce short- and long-term program costs.

This legislative proposal will include a substantial expansion of the Moving to Work (MTW) program to high-capacity PHAs. In partnership with HUD, participating PHAs will design and implement innovative policies related to housing preservation, family self-sufficiency, mobility, cost-effectiveness and other priority areas. Key tenant protections will continue to apply and PHAs will be subject to rigorous reporting and evaluation requirements.

Additional reforms include: (1) providing PHAs greater flexibility in the use of their funds for supportive services; (2) streamlining the Family Self-Sufficiency program; (3) allowing fixed-income families to recertify their incomes every three years; (4) simplifying and improving the annual plan requirement; (5) increasing the threshold used to determine deductions for unreimbursed medical expenses from 3 to 10 percent of family income; (6) broadening the definition of extremely low-income to apply to families with incomes that are the higher of 30 percent of area median income or the Federal poverty level; and (7) ensuring the responsible stewardship of Federal funds by establishing reasonable limits on compensation provided to PHA personnel. This is part of a government-wide effort to review the compensation policy of non-Federal staff supported primarily with Federal funds.

The proposed legislation will also address reforms specific to the Housing Choice Voucher program, such as: (1) authorizing the renewal formula to ensure predictability and stability for the program; (2) improving the Project-Based Voucher program; (3) addressing homelessness through expansion of the sponsor-based assistance model; (4) enabling biennial and alternative inspections, and (5) streamlining the process for establishing annual Fair Market Rents. The Administration also continues to improve the management of the Housing Choice Voucher program by working on the development of the Next Generation Management System, which will comprehensively overhaul and improve HUD information technology systems to better manage and administer the program.

While some reforms are included in the general provisions at the end of this chapter, all others will be included in authorizing legislation to be transmitted to Congress in the Spring of 2013.

Housing Certificate Fund

(cancellation)

Unobligated balances, including recaptures and carryover, remaining from funds appropriated to the Department of Housing and Urban Development under this heading, the heading "Annual Contributions for Assisted Housing", and the heading "Project-Based Rental Assistance", for fiscal year 2014 and prior years may be used for renewal of or amendments to section 8 project-based contracts and for performance-based contract administrators, notwithstanding the purposes for which such funds were appropriated: Provided, That any obligated balances of contract authority from fiscal year 1974 and prior that have been terminated are hereby permanently cancelled: Provided further, That amounts previously recaptured, or recaptured during the current fiscal year, from section 8 project-based contracts from source years fiscal year 1975 through fiscal year 1987 are hereby permanently cancelled, and an amount of additional new budget authority, equivalent to the amount permanently cancelled is hereby appropriated, to remain available until expended, for the purposes set forth under this heading, in addition to amounts otherwise available.

Note.—A full-year 2013 appropriation for this account was not enacted at the time the budget was prepared; therefore, the budget assumes this account is operating under the Continuing Appropriations Resolution, 2013 (P.L. 112–175). The amounts included for 2013 reflect the annualized level provided by the continuing resolution.

Program and Financing (in millions of dollars)


Identification code 86–0319–0–1–604 2012 actual 2013 CR 2014 est.

Obligations by program activity:
0001 Contract Renewals 29



0900 Total new obligations (object class 41.0) 29

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 53 25
1021 Recoveries of prior year unpaid obligations 216 125 29
1025 Unobligated balance of contract authority withdrawn –5
1029 Other balances withdrawn –39 –12



1050 Unobligated balance (total) 225 138 29
Budget authority:
Appropriations, discretionary:
1100 Appropriation 29
1131 Unobligated balance of appropriations permanently reduced (HCF funds) –200 –95 –29
1131 Unobligated balance of appropriations permanently reduced (non-HCF funds) –43



1160 Appropriation, discretionary (total) –200 –138
1900 Budget authority (total) –200 –138
1930 Total budgetary resources available 25 29
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 25

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 3,180 2,130 1,527
3010 Obligations incurred, unexpired accounts 29
3020 Outlays (gross) –834 –478 –427
3040 Recoveries of prior year unpaid obligations, unexpired –216 –125 –29



3050 Unpaid obligations, end of year 2,130 1,527 1,100
Memorandum (non-add) entries:
3100 Obligated balance, start of year 3,180 2,130 1,527
3200 Obligated balance, end of year 2,130 1,527 1,100

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross –200 –138
Outlays, gross:
4010 Outlays from new discretionary authority 1
4011 Outlays from discretionary balances 834 478 426



4020 Outlays, gross (total) 834 478 427
4180 Budget authority, net (total) –200 –138
4190 Outlays, net (total) 834 478 427

Memorandum (non-add) entries:
5052 Obligated balance, SOY: Contract authority 5

Until 2005, the Housing Certificate Fund provided funding to both the project-based and tenant-based components of the Section 8 program. Project-Based Rental Assistance and Tenant-Based Rental Assistance are now funded in separate accounts. The Housing Certificate Fund retains and recovers balances from previous years' appropriations, and uses those balances to support contract renewals, amendments, and performance-based contract administrators.

Housing Programs

project-based rental assistance

For activities and assistance for the provision of project-based subsidy contracts under the United States Housing Act of 1937 (42 U.S.C. 1437 et seq.) ("the Act''), not otherwise provided for, $9,872,000,000, to remain available until expended, shall be available on October 1, 2013 (in addition to the $400,000,000 previously appropriated under this heading that became available October 1, 2013), and $400,000,000, to remain available until expended, shall be available on October 1, 2014: Provided, That the amounts made available under this heading shall be available for expiring or terminating section 8 project-based subsidy contracts (including section 8 moderate rehabilitation contracts), for amendments to section 8 project-based subsidy contracts (including section 8 moderate rehabilitation contracts), for contracts entered into pursuant to section 441 of the McKinney-Vento Homeless Assistance Act (42 U.S.C. 11401), for renewal of section 8 contracts for units in projects that are subject to approved plans of action under the Emergency Low Income Housing Preservation Act of 1987 or the Low-Income Housing Preservation and Resident Homeownership Act of 1990, and for administrative and other expenses associated with project-based activities and assistance funded under this paragraph: Provided further, That of the total amounts provided under this heading, not to exceed $265,000,000 shall be available for assistance agreements with performance-based contract administrators for section 8 project-based assistance, for carrying out 42 U.S.C. 1437(f): Provided further, That the Secretary of Housing and Urban Development may also use such amounts in the previous proviso for performance-based contract administrators for the administration of: interest reduction payments pursuant to section 236(a) of the National Housing Act (12 U.S.C. 1715z–1(a)); rent supplement payments pursuant to section 101 of the Housing and Urban Development Act of 1965 (12 U.S.C. 1701s); section 236(f)(2) rental assistance payments (12 U.S.C. 1715z–1(f)(2)); project rental assistance contracts for the elderly under section 202(c)(2) of the Housing Act of 1959 (12 U.S.C. 1701q); project rental assistance contracts for supportive housing for persons with disabilities under section 811(d)(2) of the Cranston-Gonzalez National Affordable Housing Act (42 U.S.C. 8013(d)(2)); project assistance contracts pursuant to section 202(h) of the Housing Act of 1959 (Public Law 86–372; 73 Stat. 667); and loans under section 202 of the Housing Act of 1959 (Public Law 86–372; 73 Stat. 667): Provided further, That amounts recaptured under this heading, the heading "Annual Contributions for Assisted Housing", or the heading "Housing Certificate Fund" may be used for renewals of or amendments to section 8 project-based contracts or for performance-based contract administrators, notwithstanding the purposes for which such amounts were appropriated: Provided further, That, notwithstanding any other provision of law, upon the request of the Secretary of Housing and Urban Development, project funds that are held in residual receipts accounts for any project subject to a section 8 project-based Housing Assistance Payments contract that authorizes HUD to require that surplus project funds be deposited in an interest-bearing residual receipts account and that are in excess of an amount to be determined by the Secretary, shall be remitted to the Department and deposited in this account, to be available until expended: Provided further, That amounts deposited pursuant to the previous proviso shall be available in addition to the amount otherwise provided by this heading for uses authorized under this heading.

Note.—A full-year 2013 appropriation for this account was not enacted at the time the budget was prepared; therefore, the budget assumes this account is operating under the Continuing Appropriations Resolution, 2013 (P.L. 112–175). The amounts included for 2013 reflect the annualized level provided by the continuing resolution.

Program and Financing (in millions of dollars)


Identification code 86–0303–0–1–604 2012 actual 2013 CR 2014 est.

Obligations by program activity:
0001 Contract Renewals 8,442 8,660 9,515
0002 RAD Contract Renewals 21
0003 Section 8 Amendments 556 625 612
0004 Contract Administrators 308 260 265
0005 Vouchers for Disaster Relief 1
0006 Tenant Information and Outreach 5



0900 Total new obligations (object class 41.0) 9,311 9,545 10,414

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 114 181 31
1021 Recoveries of prior year unpaid obligations 38



1050 Unobligated balance (total) 152 181 31
Budget authority:
Appropriations, discretionary:
1100 Appropriation 8,940 8,995 9,872
1120 Appropriations transferred to other accts [86–0402] –15
1121 Appropriations transferred from other accts [86–0163] 16
1121 Appropriations transferred from other accts [86–0304] 5



1160 Appropriation, discretionary (total) 8,940 8,995 9,878
Advance appropriations, discretionary:
1170 Advance appropriation 400 400 400



1180 Advanced appropriation, discretionary (total) 400 400 400
Spending authority from offsetting collections, discretionary:
1700 Collected 105



1750 Spending auth from offsetting collections, disc (total) 105
1900 Budget authority (total) 9,340 9,395 10,383
1930 Total budgetary resources available 9,492 9,576 10,414
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 181 31

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 5,584 5,613 5,600
3010 Obligations incurred, unexpired accounts 9,311 9,545 10,414
3020 Outlays (gross) –9,244 –9,558 –10,079
3040 Recoveries of prior year unpaid obligations, unexpired –38



3050 Unpaid obligations, end of year 5,613 5,600 5,935
Memorandum (non-add) entries:
3100 Obligated balance, start of year 5,584 5,613 5,600
3200 Obligated balance, end of year 5,613 5,600 5,935

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 9,340 9,395 10,383
Outlays, gross:
4010 Outlays from new discretionary authority 3,786 4,808 5,293
4011 Outlays from discretionary balances 5,458 4,750 4,786



4020 Outlays, gross (total) 9,244 9,558 10,079
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4033 Non-Federal sources –105
4180 Budget authority, net (total) 9,340 9,395 10,278
4190 Outlays, net (total) 9,244 9,558 9,974

The Budget requests $10.3 billion for Project-Based Rental Assistance (PBRA), of which $400 million is requested as an advance appropriation to become available in 2015. The PBRA program assists approximately 1.2 million extremely low- to low-income households in obtaining decent, safe, and sanitary housing in private accommodations. PBRA serves families, elderly and disabled households and provides transitional housing for the homeless. Through this funding, HUD supports approximately 17,500 contracts with private owners of multifamily housing by paying the difference between what a household can afford, generally 30 percent of its eligible income, and the approved market-based rent for a housing unit.

The Budget proposes comprehensive legislative reforms to HUD's core rental assistance programs, including PBRA. In addition to crosscutting reforms, which are summarized under the Tenant-Based Rental Assistance heading, the Budget includes the following proposals that are specific to the PBRA program: (1) collects excess reserves (residual receipts) from owners in the PBRA program and uses them to cover a portion of the assistance payments; (2) establishes a demonstration allowing HUD to enter multi-year agreements to repay private investors who provide upfront funding for energy efficiency retrofits of HUD-assisted housing; and (3) amends the Low-Income Housing Preservation and Resident Homeownership Act (LIHPRHA) to align owner distribution policies in properties governed by LIHPRHA with other PBRA-assisted properties in order to facilitate preservation transactions. HUD also plans to implement a Flexible Portfolio Demonstration, which would offer regulatory and administrative flexibilities to high-performing multifamily owners in exchange for commitments to provide costs savings and to preserve property affordability.

Program activities include the following:

Contract Renewals and Amendments.—These activities provide funding for HUD to renew expiring contracts and amend contracts that have not expired but require additional funding for HUD to meet remaining payment obligations. These funds cover the direct housing costs of families in the program. Currently, 91 percent of contracts are funded annually; the other 9 percent are long-term contracts funded with previous appropriations, of which 45 percent will need amendment funding in 2014. Appropriations for these activities are supplemented with recoveries of excess balances remaining on expired contracts that utilized less than anticipated resources during their initial terms.

Contract Administrators.—This activity funds the local level administration of the program through HUD contracts with performance-based contract administrators. These entities, which are typically public housing authorities or state housing finance agencies, are responsible for conducting on-site management reviews of assisted properties; adjusting contract rents; reviewing, processing, and paying monthly vouchers submitted by owners; renewing contracts with property owners; and responding to health and safety issues at properties. The Budget requests up to $265 million for this purpose.

Public Housing Capital Fund

For the Public Housing Capital Fund Program to carry out capital and management activities for public housing agencies, as authorized under section 9 of the United States Housing Act of 1937 (42 U.S.C. 1437g) (the "Act''), $2,000,000,000, to remain available until September 30, 2017: Provided, That notwithstanding any other provision of law or regulation, during fiscal year 2014 the Secretary of Housing and Urban Development may not delegate to any Department official other than the Deputy Secretary and the Assistant Secretary for Public and Indian Housing any authority under paragraph (2) of section 9(j) regarding the extension of the time periods under such section: Provided further, That for purposes of such section 9(j), the term "obligate'' means, with respect to amounts, that the amounts are subject to a binding agreement that will result in outlays, immediately or in the future: Provided further, That up to $8,000,000 shall be to support ongoing Public Housing Financial and Physical Assessment activities: Provided further, That of the total amount provided under this heading, not to exceed $20,000,000 shall be available for the Secretary to make grants, notwithstanding section 204 of this Act, to public housing agencies for emergency capital needs resulting from unforeseen or unpreventable emergencies and natural disasters excluding Presidentially declared emergencies and natural disasters under the Robert T. Stafford Disaster Relief and Emergency Act (42 U.S.C. 5121 et seq.) occurring in fiscal year 2014: Provided further, That from the funds made available under this heading, the Secretary shall provide bonus awards in fiscal year 2014 to public housing agencies that are designated high performers: Provided further, That up to $15,000,000 of funds made available under this heading shall be used for a Jobs-Plus Pilot initiative modeled after the Jobs-Plus demonstration: Provided further, That the Jobs-Plus Pilot initiative shall provide competitive grants to partnerships between public housing authorities, local workforce investment boards established under section 117 of the Workforce Investment Act of 1998, and other agencies and organizations that provide support to help public housing residents obtain employment and increase earnings: Provided further, That the Secretary may waive or specify alternative requirements for any provision of the United States Housing Act of 1937 (except for requirements related to fair housing, nondiscrimination, labor standards, and the environment) upon a finding by the Secretary that any such waivers or alternative requirements are necessary for the effective implementation of the Jobs-Plus Pilot initiative: Provided further, That the Secretary shall publish by notice in the Federal Register any waivers or alternative requirements pursuant to the preceding proviso no later than 10 days before the effective date of such notice.

Note.—A full-year 2013 appropriation for this account was not enacted at the time the budget was prepared; therefore, the budget assumes this account is operating under the Continuing Appropriations Resolution, 2013 (P.L. 112–175). The amounts included for 2013 reflect the annualized level provided by the continuing resolution.

Program and Financing (in millions of dollars)


Identification code 86–0304–0–1–604 2012 actual 2013 CR 2014 est.

Obligations by program activity:
0001 Capital Grants 1,789 1,843 1,936
0002 Technical Assistance 2 1
0003 Emergency/Disaster Reserve 16 20 20
0006 Resident Opportunities and Supportive Services 50 50
0007 Administrative Receivership 3 10 10
0008 Financial and Physical Assessment Support 13 18 18
0009 Early Childhood Education Facilities 7
0010 Jobs-Plus Pilot 15



0900 Total new obligations (object class 41.0) 1,880 1,942 1,999

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 76 87 20
1021 Recoveries of prior year unpaid obligations 102
1029 Other balances withdrawn –83 –11



1050 Unobligated balance (total) 95 76 20
Budget authority:
Appropriations, discretionary:
1100 Appropriation 1,875 1,886 2,000
1120 Appropriations transferred to other accts [86–0303] –5
1120 Appropriations transferred to other accts [86–0302] –6
1120 Appropriations transferred to other accts [86–0402] –10



1160 Appropriation, discretionary (total) 1,875 1,886 1,979
1900 Budget authority (total) 1,875 1,886 1,979
1930 Total budgetary resources available 1,970 1,962 1,999
Memorandum (non-add) entries:
1940 Unobligated balance expiring –3
1941 Unexpired unobligated balance, end of year 87 20

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 5,635 4,688 4,130
3010 Obligations incurred, unexpired accounts 1,880 1,942 1,999
3020 Outlays (gross) –2,719 –2,500 –2,388
3040 Recoveries of prior year unpaid obligations, unexpired –102
3041 Recoveries of prior year unpaid obligations, expired –6



3050 Unpaid obligations, end of year 4,688 4,130 3,741
Memorandum (non-add) entries:
3100 Obligated balance, start of year 5,635 4,688 4,130
3200 Obligated balance, end of year 4,688 4,130 3,741

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 1,875 1,886 1,979
Outlays, gross:
4010 Outlays from new discretionary authority 93 38 40
4011 Outlays from discretionary balances 2,538 2,462 2,348



4020 Outlays, gross (total) 2,631 2,500 2,388
Mandatory:
Outlays, gross:
4101 Outlays from mandatory balances 88
4180 Budget authority, net (total) 1,875 1,886 1,979
4190 Outlays, net (total) 2,719 2,500 2,388

The Budget proposes $2 billion for the Public Housing Capital Fund, a formula program designed to respond to the capital and management improvement requirements of Public Housing properties. This program preserves and enhances a valuable affordable housing resource that serves approximately 1.1 million low-income families. Of the amount requested, over $1.9 billion will fund capital grants to Public Housing Authorities. The balance includes: up to $20 million for emergency capital needs resulting from non-Presidentially declared emergencies and natural disasters; up to $15 million for a Jobs-Plus pilot modeled after the evidence-based Jobs-Plus demonstration; and up to $8 million for Public Housing financial and physical assessment support.

Public Housing Operating Fund

For 2014 payments to public housing agencies for the operation and management of public housing, as authorized by section 9(e) of the United States Housing Act of 1937 (42 U.S.C. 1437g(e)), $4,600,000,000: Provided, That in determining public housing agencies', including Moving to Work agencies', calendar year 2014 funding allocations under this heading, the Secretary shall take into account the impact of changes in flat rents and medical expense thresholds on public housing agencies' formula income levels.

Note.—A full-year 2013 appropriation for this account was not enacted at the time the budget was prepared; therefore, the budget assumes this account is operating under the Continuing Appropriations Resolution, 2013 (P.L. 112–175). The amounts included for 2013 reflect the annualized level provided by the continuing resolution.

Program and Financing (in millions of dollars)


Identification code 86–0163–0–1–604 2012 actual 2013 CR 2014 est.

Obligations by program activity:
0001 Operating Subsidy 3,957 3,991 4,560



0900 Total new obligations (object class 41.0) 3,957 3,991 4,560

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 3 8
1029 Other balances withdrawn –3



1050 Unobligated balance (total) 3 5
Budget authority:
Appropriations, discretionary:
1100 Appropriation 3,962 3,986 4,600
1120 Appropriations transferred to other accts [86–0302] –16
1120 Appropriations transferred to other accts [86–0303] –16
1120 Appropriations transferred to other accts [86–0402] –8



1160 Appropriation, discretionary (total) 3,962 3,986 4,560
1900 Budget authority (total) 3,962 3,986 4,560
1930 Total budgetary resources available 3,965 3,991 4,560
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 8

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 1,312 1,048 1,116
3010 Obligations incurred, unexpired accounts 3,957 3,991 4,560
3020 Outlays (gross) –4,220 –3,923 –4,399
3041 Recoveries of prior year unpaid obligations, expired –1



3050 Unpaid obligations, end of year 1,048 1,116 1,277
Memorandum (non-add) entries:
3100 Obligated balance, start of year 1,312 1,048 1,116
3200 Obligated balance, end of year 1,048 1,116 1,277

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 3,962 3,986 4,560
Outlays, gross:
4010 Outlays from new discretionary authority 2,922 2,870 3,283
4011 Outlays from discretionary balances 1,298 1,053 1,116



4020 Outlays, gross (total) 4,220 3,923 4,399
4180 Budget authority, net (total) 3,962 3,986 4,560
4190 Outlays, net (total) 4,220 3,923 4,399

The Budget requests $4.6 billion for the Public Housing Operating Fund, which provides subsidies to Public Housing Authorities (PHAs) to assist in funding the operating expenses of Public Housing units in accordance with Section 9(e) of the United States Housing Act of 1937. This request is equal to 90 percent of PHAs' estimated funding eligibility under the Operating Fund formula.

The Budget also proposes comprehensive legislative reforms to HUD's core rental assistance programs, including Public Housing. In addition to crosscutting reforms, which are summarized under the Tenant-Based Rental Assistance heading, the Budget includes the following proposals that are specific to Public Housing: (1) provides all PHAs with full flexibility to use their operating and capital funds for any eligible expense under both programs; (2) phases in a flat rent floor of 80 percent of the applicable fair market rent; (3) allows PHAs to form consortia for the purposes of administering Public Housing; (4) streamlines the community service requirement; and (5) establishes a utilities conservation pilot to encourage PHAs to undertake energy conservation measures and reduce Federal costs. The first three proposals are reflected in the general provisions at the end of this budget chapter; the latter two will be included in authorizing legislation to be submitted to Congress in the spring of 2013.

Drug Elimination Grants for Low-income Housing

Program and Financing (in millions of dollars)


Identification code 86–0197–0–1–604 2012 actual 2013 CR 2014 est.

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 1 1
1029 Other balances withdrawn –1



1050 Unobligated balance (total) 1
1930 Total budgetary resources available 1
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 1

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 1 1 1



3050 Unpaid obligations, end of year 1 1 1
Memorandum (non-add) entries:
3100 Obligated balance, start of year 1 1 1
3200 Obligated balance, end of year 1 1 1

No new appropriations have been provided for the Public Housing Drug Elimination Grants program since 2001.

Choice Neighborhoods Initiative

For competitive grants under the Choice Neighborhoods Initiative for transformation, rehabilitation, and replacement housing needs of both public and HUD-assisted housing and to transform neighborhoods of poverty into functioning, sustainable mixed income neighborhoods with appropriate services, schools, public assets, transportation and access to jobs, $400,000,000, to remain available until September 30, 2016, of which the Secretary of Housing and Urban Development may use up to $5,000,000 for technical assistance and contract expertise, including training and the cost of necessary travel for participants in such training, to be provided directly or indirectly through grants, contracts or cooperative agreements by or to officials and employees of the Department and of grantees and to residents: Provided, That grant funds may be used for resident and community services, community development, and affordable housing needs, including housing vouchers (the renewal of which shall be funded solely from this account), in the community, and for conversion of vacant or foreclosed properties to affordable housing: Provided further, That grantees shall commit to an additional period of affordability determined by the Secretary, but not fewer than 20 years: Provided further, That grantees shall undertake comprehensive local planning with input from residents and the community, and that grantees shall provide a match in State, local, other Federal or private funds: Provided further, That grantees may include local governments, tribal entities, public housing authorities, and nonprofits: Provided further, That for-profit developers may apply jointly with a public entity: Provided further, That such grantees shall create partnerships with other local organizations including assisted housing owners, service agencies, and resident organizations: Provided further, That the Secretary shall consult with the Secretaries of Education, Labor, Transportation, Health and Human Services, Agriculture, and Commerce, the Attorney General and the Administrator of the Environmental Protection Agency to coordinate and leverage other appropriate Federal resources.

Note.—A full-year 2013 appropriation for this account was not enacted at the time the budget was prepared; therefore, the budget assumes this account is operating under the Continuing Appropriations Resolution, 2013 (P.L. 112–175). The amounts included for 2013 reflect the annualized level provided by the continuing resolution.

Program and Financing (in millions of dollars)


Identification code 86–0349–0–1–604 2012 actual 2013 CR 2014 est.

Obligations by program activity:
0001 Choice Neighborhoods Grants 1 240 398



0900 Total new obligations (object class 41.0) 1 240 398

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 119
Budget authority:
Appropriations, discretionary:
1100 Appropriation 120 121 400
1120 Appropriations transferred to other accts [86–0402] –2



1160 Appropriation, discretionary (total) 120 121 398
1930 Total budgetary resources available 120 240 398
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 119

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 1 233
3010 Obligations incurred, unexpired accounts 1 240 398
3020 Outlays (gross) –8 –36



3050 Unpaid obligations, end of year 1 233 595
Memorandum (non-add) entries:
3100 Obligated balance, start of year 1 233
3200 Obligated balance, end of year 1 233 595

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 120 121 398
Outlays, gross:
4011 Outlays from discretionary balances 8 36
4180 Budget authority, net (total) 120 121 398
4190 Outlays, net (total) 8 36

The Budget proposes $400 million for Choice Neighborhoods to continue the transformation of neighborhoods of poverty into sustainable, mixed-income neighborhoods with well-functioning services, schools, public assets, transportation, and access to jobs. The goal of the program is to transform distressed neighborhoods and improve the quality of life of current and future residents by coordinating and concentrating neighborhood investments from multiple sources. To date, the Department has awarded 9 implementation grants in the amount of $231 million and 47 planning grants in the amount of $12.6 million. The Budget will fund an additional 10 implementation grants and 20 planning grants.

Choice Neighborhoods builds on the successes of Public Housing transformation under HOPE VI with a broader approach to concentrated poverty. In addition to preserving, rehabilitating, and transforming distressed Public Housing and other HUD-assisted rental properties, Choice Neighborhoods implementation grants support key social service investments as well as a range of community and economic development activities. A strong emphasis is placed on improving outcomes for youth by leveraging evidence-based school reforms and early education and after school programs. Grantees, which include public housing authorities, local governments, non-profits and for-profit developers, are required to undertake comprehensive local planning with input from residents and community stakeholders.

Choice Neighborhoods is also a central component of the Administration's new Promise Zones—high-poverty communities where the Federal government will work with local leadership to invest and engage more intensely to create jobs, leverage private investment, increase economic activity, reduce violence and expand educational opportunities. The Budget includes companion investments of $200 million and $10 million, respectively, in HUD's Neighborhood Stabilization and Rental Assistance Demonstration programs, $300 million in the Department of Education's Promise Neighborhoods program, and $35 million in the Department of Justice's Byrne Criminal Justice Innovation Grants program, as well as tax incentives to promote investment and economic growth.

Revitalization of Severely Distressed Public Housing (HOPE VI)

Program and Financing (in millions of dollars)


Identification code 86–0218–0–1–604 2012 actual 2013 CR 2014 est.

Obligations by program activity:
0001 HOPE VI Grants and Technical Assistance 9 2 5



0900 Total new obligations (object class 41.0) 9 2 5

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 13 7 5
1021 Recoveries of prior year unpaid obligations 2



1050 Unobligated balance (total) 15 7 5
Budget authority:
Spending authority from offsetting collections, discretionary:
1700 Collected 2



1750 Spending auth from offsetting collections, disc (total) 2
1900 Budget authority (total) 2
1930 Total budgetary resources available 17 7 5
Memorandum (non-add) entries:
1940 Unobligated balance expiring –1
1941 Unexpired unobligated balance, end of year 7 5

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 670 546 418
3010 Obligations incurred, unexpired accounts 9 2 5
3020 Outlays (gross) –131 –130 –130
3040 Recoveries of prior year unpaid obligations, unexpired –2



3050 Unpaid obligations, end of year 546 418 293
Memorandum (non-add) entries:
3100 Obligated balance, start of year 670 546 418
3200 Obligated balance, end of year 546 418 293

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 2
Outlays, gross:
4011 Outlays from discretionary balances 131 130 130
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4030 Federal sources –2
4190 Outlays, net (total) 129 130 130

The HOPE VI program, in coordination with funding from the Public Housing Capital Fund, has accomplished its goal of contributing to the demolition of 100,000 severely distressed Public Housing units. The Budget proposes no additional funds for this program. Instead, the Budget builds on the success of HOPE VI with the Choice Neighborhoods program, which makes a broad range of transformative investments in high-poverty neighborhoods where Public Housing and other HUD-assisted housing is concentrated

Remaining balances of HOPE VI grants will spend out over several years as redevelopment projects are completed. Cumulative results of the HOPE VI program as of September 30, 2012 are as follows: 75,116 households relocated; 96,456 units demolished; 93,265 units (new and rehabilitated) completed; and 92,139 completed units occupied.

Family Self-Sufficiency

For the Family Self-Sufficiency program to support family self-sufficiency coordinators under section 23 of the United States Housing Act of 1937, to promote the development of local strategies to coordinate the use of assistance under sections 8(o) and 9 of such Act with public and private resources, and enable eligible families to achieve economic independence and self-sufficiency, $75,000,000: Provided, That the Secretary may, by Federal Register notice, waive or specify alternative requirements (except for requirements related to fair housing, nondiscrimination, labor standards, and the environment) for any provision of section 23 of such Act in order to better fulfill the purposes of section 23 of such Act, as determined by the Secretary.

Note.—A full-year 2013 appropriation for this account was not enacted at the time the budget was prepared; therefore, the budget assumes this account is operating under the Continuing Appropriations Resolution, 2013 (P.L. 112–175). The amounts included for 2013 reflect the annualized level provided by the continuing resolution.

Program and Financing (in millions of dollars)


Identification code 86–0350–0–1–604 2012 actual 2013 CR 2014 est.

Obligations by program activity:
0001 Family Self-Sufficiency 75



0900 Total new obligations (object class 41.0) 75

Budgetary Resources:
Budget authority:
Appropriations, discretionary:
1100 Appropriation 75



1160 Appropriation, discretionary (total) 75
1930 Total budgetary resources available 75

Change in obligated balance:
Unpaid obligations:
3010 Obligations incurred, unexpired accounts 75



3050 Unpaid obligations, end of year 75
Memorandum (non-add) entries:
3200 Obligated balance, end of year 75

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 75
4180 Budget authority, net (total) 75

The Budget requests $75 million for a consolidated Family Self-Sufficiency (FSS) Program to help Housing Choice Voucher and Public Housing residents achieve self-sufficiency and economic independence. The FSS program is designed to provide service coordination through community partnerships that link assisted residents with employment assistance, job training, child care, transportation, financial literacy, and other supportive services. The funding will be allocated through one competition to eligible Public Housing Authorities (PHAs) to support service coordinators. Rather than operate two separate and independently administered FSS programs for Housing Choice Voucher and Public Housing families, the Budget proposes to consolidate and align the FSS program into one program to enable PHAs to more uniformly serve both programs' residents.

In addition to the FSS program consolidation, the Budget includes flexible authorities for PHAs to combine and use a portion of their funds from the Public Housing Operating and Capital Funds, and Tenant-Based Rental Assistance administrative fees towards additional service coordination that could complement the FSS program or provide residents with other supportive services that promote positive resident outcomes related to education, health, self-sufficiency and quality of life.

Native American Housing Block Grants

For the Native American Housing Block Grants program, as authorized under title I of the Native American Housing Assistance and Self-Determination Act of 1996 (NAHASDA) (25 U.S.C. 4111 et seq.), $650,000,000, to remain available until September 30, 2018: Provided, That, notwithstanding the Native American Housing Assistance and Self-Determination Act of 1996, to determine the amount of the allocation under title I of such Act for each Indian tribe, the Secretary shall apply the formula under section 302 of such Act with the need component based on single-race census data and with the need component based on multi-race census data, and the amount of the allocation for each Indian tribe shall be the greater of the two resulting allocation amounts: Provided further, That of the amount provided under this heading, $2,000,000 shall be made available for the cost of guaranteed notes and other obligations, as authorized by title VI of NAHASDA: Provided further, That such costs, including the costs of modifying such notes and other obligations, shall be as defined in section 502 of the Congressional Budget Act of 1974, as amended: Provided further, That these funds are available to subsidize the total principal amount of any notes and other obligations, any part of which is to be guaranteed, not to exceed $16,530,000.

Note.—A full-year 2013 appropriation for this account was not enacted at the time the budget was prepared; therefore, the budget assumes this account is operating under the Continuing Appropriations Resolution, 2013 (P.L. 112–175). The amounts included for 2013 reflect the annualized level provided by the continuing resolution.

Program and Financing (in millions of dollars)


Identification code 86–0313–0–1–604 2012 actual 2013 CR 2014 est.

Obligations by program activity:
0010 Indian Housing Block Grants 682 685 640
0011 Technical Assistance 3 6 2
0015 National American Indian Housing Council 4 4



0091 Direct program activities, subtotal 689 695 642
Credit program obligations:
0702 Loan guarantee subsidy 2 5 5
0707 Reestimates of loan guarantee subsidy 1



0791 Direct program activities, subtotal 2 6 5



0900 Total new obligations (object class 41.0) 691 701 647

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 81 45
1021 Recoveries of prior year unpaid obligations 4



1050 Unobligated balance (total) 85 45
Budget authority:
Appropriations, discretionary:
1100 Appropriation 650 654 650
1120 Appropriations transferred to other accts [86–0402] –3



1160 Appropriation, discretionary (total) 650 654 647
Appropriations, mandatory:
1200 Appropriation 2



1260 Appropriations, mandatory (total) 2
Spending authority from offsetting collections, discretionary:
1700 Collected 1



1750 Spending auth from offsetting collections, disc (total) 1
1900 Budget authority (total) 651 656 647
1930 Total budgetary resources available 736 701 647
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 45

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 1,172 1,104 1,155
3010 Obligations incurred, unexpired accounts 691 701 647
3020 Outlays (gross) –752 –650 –673
3040 Recoveries of prior year unpaid obligations, unexpired –4
3041 Recoveries of prior year unpaid obligations, expired –3



3050 Unpaid obligations, end of year 1,104 1,155 1,129
Memorandum (non-add) entries:
3100 Obligated balance, start of year 1,172 1,104 1,155
3200 Obligated balance, end of year 1,104 1,155 1,129

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 651 654 647
Outlays, gross:
4010 Outlays from new discretionary authority 192 193 191
4011 Outlays from discretionary balances 560 457 482



4020 Outlays, gross (total) 752 650 673
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4033 Non-Federal sources –1
Mandatory:
4090 Budget authority, gross 2
4180 Budget authority, net (total) 650 656 647
4190 Outlays, net (total) 751 650 673

Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)


Identification code 86–0313–0–1–604 2012 actual 2013 CR 2014 est.

Guaranteed loan levels supportable by subsidy budget authority:
215001 Title VI Indian Federal Guarantees Program 20 45 45



215999 Total loan guarantee levels 20 45 45
Guaranteed loan subsidy (in percent):
232001 Title VI Indian Federal Guarantees Program 10.80 10.91 12.10



232999 Weighted average subsidy rate 10.80 10.91 12.10
Guaranteed loan subsidy budget authority:
233001 Title VI Indian Federal Guarantees Program 2 5 5



233999 Total subsidy budget authority 2 5 5
Guaranteed loan subsidy outlays:
234001 Title VI Indian Federal Guarantees Program 2 2 2



234999 Total subsidy outlays 2 2 2
Guaranteed loan upward reestimates:
235001 Title VI Indian Federal Guarantees Program 2



235999 Total upward reestimate budget authority 2
Guaranteed loan downward reestimates:
237001 Title VI Indian Federal Guarantees Program –3 –3



237999 Total downward reestimate subsidy budget authority –3 –3

Title I of the Native American Housing Assistance and Self-Determination Act (NAHASDA) of 1996 (P.L. 104–330) authorized the Native American Housing Block Grant program. This program provides an allocation of funds on a formula basis to Indian tribes and their tribally designated housing entities to help them address housing needs within their communities. HUD estimated that in 2011, out of a population of 1.5 million American Indians and Alaska Natives in block grant formula areas, over 100,000 households were either overcrowded or lacked adequate plumbing or kitchen facilities.

The Budget includes $650 million for the total activities of this program in 2014, including $2 million for the Title VI loan guarantee program, which will guarantee $16.5 million in loans to tribes. A primary goal of the Title VI program is to encourage private lenders to provide financing in Indian Country. The program provides for the Federal guarantee of notes or other obligations issued by Indian tribes or tribally designated housing entities for the purpose of financing affordable housing activities described in section 202 of the Act.

As required by the Federal Credit Reform Act of 1990, this account records, for this program, the subsidy costs associated with the loan guarantees committed in 1998 and beyond (including modifications of guarantees that resulted from obligations in any given year), as well as administrative expenses of this program. The subsidy amounts are estimated on a present value basis; the administrative expenses are estimated on a cash basis.

Native Hawaiian Housing Block Grant

For the Native Hawaiian Housing Block Grant program, as authorized under title VIII of the Native American Housing Assistance and Self-Determination Act of 1996 (25 U.S.C. 4111 et seq.), $13,000,000, to remain available until September 30, 2018: Provided, That of this amount, $300,000 shall be for training and technical assistance activities, including up to $100,000 for related travel by Hawaii-based employees of the Department of Housing and Urban Development.

Note.—A full-year 2013 appropriation for this account was not enacted at the time the budget was prepared; therefore, the budget assumes this account is operating under the Continuing Appropriations Resolution, 2013 (P.L. 112–175). The amounts included for 2013 reflect the annualized level provided by the continuing resolution.

Program and Financing (in millions of dollars)


Identification code 86–0235–0–1–604 2012 actual 2013 CR 2014 est.

Obligations by program activity:
0001 Native Hawaiian Housing Block Grant 13 14 13



0900 Total new obligations (object class 41.0) 13 14 13

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 1 1
Budget authority:
Appropriations, discretionary:
1100 Appropriation 13 13 13



1160 Appropriation, discretionary (total) 13 13 13
1930 Total budgetary resources available 14 14 13
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 1

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 43 53 54
3010 Obligations incurred, unexpired accounts 13 14 13
3020 Outlays (gross) –3 –13 –16



3050 Unpaid obligations, end of year 53 54 51
Memorandum (non-add) entries:
3100 Obligated balance, start of year 43 53 54
3200 Obligated balance, end of year 53 54 51

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 13 13 13
Outlays, gross:
4010 Outlays from new discretionary authority 1 1
4011 Outlays from discretionary balances 3 12 15



4020 Outlays, gross (total) 3 13 16
4180 Budget authority, net (total) 13 13 13
4190 Outlays, net (total) 3 13 16

The Hawaiian Homelands Homeownership Act of 2000 (P.L. 106–568) amended the Native American Housing Assistance and Self-Determination Act of 1996 by adding Title VIII, which authorized the Native Hawaiian Housing Block Grant program. This program provides funds to assist and promote affordable housing activities to develop, maintain and operate affordable housing for eligible low-income Native Hawaiian families.

It authorizes annual grants to the Department of Hawaiian Home Lands (DHHL) for housing and housing-related assistance, pursuant to an annual housing plan, within the area in which DHHL is authorized to provide that assistance. DHHL uses performance measures and benchmarks that are based on the needs and priorities established in its five- and one-year housing plans. The Budget requests $13 million for this program.

Indian Housing Loan Guarantee Fund Program Account

For the cost of guaranteed loans, as authorized by section 184 of the Housing and Community Development Act of 1992 (12 U.S.C. 1715z), $6,000,000, to remain available until expended: Provided, That such costs, including the costs of modifying such loans, shall be as defined in section 502 of the Congressional Budget Act of 1974: Provided further, That these funds are available to subsidize total loan principal, any part of which is to be guaranteed, up to $1,818,000,000, to remain available until expended: Provided further, That up to $750,000 of this amount may be used for administrative contract expenses including management processes and systems to carry out the loan guarantee program.

Note.—A full-year 2013 appropriation for this account was not enacted at the time the budget was prepared; therefore, the budget assumes this account is operating under the Continuing Appropriations Resolution, 2013 (P.L. 112–175). The amounts included for 2013 reflect the annualized level provided by the continuing resolution.

Program and Financing (in millions of dollars)


Identification code 86–0223–0–1–371 2012 actual 2013 CR 2014 est.

Obligations by program activity:
Credit program obligations:
0702 Loan guarantee subsidy 11 5 5
0707 Reestimates of loan guarantee subsidy 14 3
0708 Interest on reestimates of loan guarantee subsidy 6 5
0709 Administrative expenses 1



0900 Total new obligations 31 13 6

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 8 3 2
Budget authority:
Appropriations, discretionary:
1100 Appropriation 6 6 6



1160 Appropriation, discretionary (total) 6 6 6
Appropriations, mandatory:
1200 Appropriation 20 6



1260 Appropriations, mandatory (total) 20 6
1900 Budget authority (total) 26 12 6
1930 Total budgetary resources available 34 15 8
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 3 2 2

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 2 4 5
3001 Adjustments to unpaid obligations, brought forward, Oct 1 –1
3010 Obligations incurred, unexpired accounts 31 13 6
3020 Outlays (gross) –28 –12 –6



3050 Unpaid obligations, end of year 4 5 5
Memorandum (non-add) entries:
3100 Obligated balance, start of year 1 4 5
3200 Obligated balance, end of year 4 5 5

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 6 6 6
Outlays, gross:
4010 Outlays from new discretionary authority 5 5
4011 Outlays from discretionary balances 8 7 1



4020 Outlays, gross (total) 8 12 6
Mandatory:
4090 Budget authority, gross 20 6
Outlays, gross:
4100 Outlays from new mandatory authority 20
4180 Budget authority, net (total) 26 12 6
4190 Outlays, net (total) 28 12 6

Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)


Identification code 86–0223–0–1–371 2012 actual 2013 CR 2014 est.

Guaranteed loan levels supportable by subsidy budget authority:
215001 Indian Housing Loan Guarantee 792 368 1,818



215999 Total loan guarantee levels 792 368 1,818
Guaranteed loan subsidy (in percent):
232001 Indian Housing Loan Guarantee 1.46 1.35 0.33



232999 Weighted average subsidy rate 1.46 1.35 0.33
Guaranteed loan subsidy budget authority:
233001 Indian Housing Loan Guarantee 12 5 6



233999 Total subsidy budget authority 12 5 6
Guaranteed loan subsidy outlays:
234001 Indian Housing Loan Guarantee 7 5 4



234999 Total subsidy outlays 7 5 4
Guaranteed loan upward reestimates:
235001 Indian Housing Loan Guarantee 20 7



235999 Total upward reestimate budget authority 20 7
Guaranteed loan downward reestimates:
237001 Indian Housing Loan Guarantee –1 –12



237999 Total downward reestimate subsidy budget authority –1 –12

The Indian Housing Loan Guarantee program provides access to sources of private financing for Indian families, Indian tribes, and their tribally designated housing entities who otherwise could not acquire housing financing because of the unique legal status of Indian trust land. The Budget provides $6 million to support additional loan guarantee activity and administrative systems support. In 2014, this program is projected to grow by 25 percent, representing almost 6,300 loans to American Indian borrowers. To support this increase in demand, the Budget proposes giving HUD increased flexibility to raise fees within this program to ensure the necessary resources are available. For 2014, HUD proposes using this authority to raise the upfront fee 50 basis points to 1.5 percent, allowing it to subsidize up to $1.82 billion in Indian housing loans. The program has issued 18,949 loan guarantees totaling $2.99 billion since 1995, with 52 percent of the activity occurring in 2010, 2011 and 2012. Even through the national foreclosure crisis, the program has maintained a claims rate of less than one and a half percent.

HUD will also submit a legislative proposal in the spring of 2013 to authorize qualifying lenders delegation of authority to participate in a direct guarantee process for underwriting loans. This will allow the Section 184 program to operate more efficiently and provide capital to more potential homebuyers.

As required by the Federal Credit Reform Act of 1990, this account records, for this program, the subsidy costs associated with the loan guarantees committed in 1992 and beyond (including modifications of guarantees that resulted from obligations in any year). The subsidy amounts are estimated on a net present value basis. The administrative expenses are shown on a cash basis.

Object Classification (in millions of dollars)


Identification code 86–0223–0–1–371 2012 actual 2013 CR 2014 est.

Direct obligations:
25.2 Other services from non-Federal sources 1 2 1
41.0 Grants, subsidies, and contributions 30 11 5



99.9 Total new obligations 31 13 6

Indian Housing Loan Guarantee Fund Financing Account

Program and Financing (in millions of dollars)


Identification code 86–4104–0–3–604 2012 actual 2013 CR 2014 est.

Obligations by program activity:
Credit program obligations:
0711 Default claim payments on principal 15 5 7
0713 Payment of interest to Treasury 2 2 2
0742 Downward reestimate paid to receipt account 1 12



0900 Total new obligations 18 19 9

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 54 82 81
Financing authority:
Spending authority from offsetting collections, mandatory:
1800 Collected 44 18 19
1801 Change in uncollected payments, Federal sources 2



1850 Spending auth from offsetting collections, mand (total) 46 18 19
1900 Financing authority (total) 46 18 19
1930 Total budgetary resources available 100 100 100
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 82 81 91

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 1 19
3001 Adjustments to unpaid obligations, brought forward, Oct 1 –2
3010 Obligations incurred, unexpired accounts 18 19 9
3020 Financing disbursements (gross) –17



3050 Unpaid obligations, end of year 19 28
Uncollected payments:
3060 Uncollected pymts, Fed sources, brought forward, Oct 1 –1 –3 –3
3070 Change in uncollected pymts, Fed sources, unexpired –2



3090 Uncollected pymts, Fed sources, end of year –3 –3 –3
Memorandum (non-add) entries:
3100 Obligated balance, start of year –2 –3 16
3200 Obligated balance, end of year –3 16 25

Financing authority and disbursements, net:
Mandatory:
4090 Financing authority, gross 46 18 19
Financing disbursements:
4110 Financing disbursements, gross 17
Offsets against gross financing authority and disbursements:
Offsetting collections (collected) from:
4120 Federal sources: Payments from program account –28 –12 –4
4122 Interest on uninvested funds –3 –2 –3
4123 Non-Federal sources –13 –4 –12



4130 Offsets against gross financing auth and disbursements (total) –44 –18 –19
Additional offsets against financing authority only (total):
4140 Change in uncollected pymts, Fed sources, unexpired –2
4170 Financing disbursements, net (mandatory) –27 –18 –19
4190 Financing disbursements, net (total) –27 –18 –19

Status of Guaranteed Loans (in millions of dollars)


Identification code 86–4104–0–3–604 2012 actual 2013 CR 2014 est.

Position with respect to appropriations act limitation on commitments:
2111 Limitation on guaranteed loans made by private lenders 360 360 1,818
2121 Limitation available from carry-forward 440 8
2143 Uncommitted limitation carried forward –8



2150 Total guaranteed loan commitments 792 368 1,818
2199 Guaranteed amount of guaranteed loan commitments 792 368 1,818

Cumulative balance of guaranteed loans outstanding:
2210 Outstanding, start of year 2,189 2,841 3,671
2231 Disbursements of new guaranteed loans 671 850 1,050
2251 Repayments and prepayments –4 –4 –4
2263 Adjustments: Terminations for default that result in claim payments –15 –16 –16



2290 Outstanding, end of year 2,841 3,671 4,701

Memorandum:
2299 Guaranteed amount of guaranteed loans outstanding, end of year 2,841 3,671 4,701

As required by the Federal Credit Reform Act of 1990, this non-budgetary account records all cash flows to and from the Government resulting from the loan guarantees committed in 1992 and beyond (including modifications of loan guarantees that resulted from obligations in any year). The amounts in this account are a means of financing and are not included in the budget totals. As required by the Federal Credit Reform Act of 1990, no administrative expenses can be recorded in the financing account.

Balance Sheet (in millions of dollars)


Identification code 86–4104–0–3–604 2011 actual 2012 actual

ASSETS:
1101 Federal assets: Fund balances with Treasury 34 67
1504 Net value of assets related to post-1991 acquired defaulted guaranteed loans receivable: Foreclosed property 19


1999 Total assets 34 86
LIABILITIES:
2103 Federal liabilities: Debt Payable to Treasury 10 20
Non-Federal liabilities:
2204 Liabilities for loan guarantees 4 48
2207 Unearned revenues and advances 20 18


2999 Total liabilities 34 86


4999 Total liabilities and net position 34 86

Native Hawaiian Housing Loan Guarantee Fund Program Account

Note.—A full-year 2013 appropriation for this account was not enacted at the time the budget was prepared; therefore, the budget assumes this account is operating under the Continuing Appropriations Resolution, 2013 (P.L. 112–175). The amounts included for 2013 reflect the annualized level provided by the continuing resolution.

Program and Financing (in millions of dollars)


Identification code 86–0233–0–1–371 2012 actual 2013 CR 2014 est.

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 5 5 5
1930 Total budgetary resources available 5 5 5
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 5 5 5

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 –3 1 1
3001 Adjustments to unpaid obligations, brought forward, Oct 1 4
3020 Outlays (gross) –1



3050 Unpaid obligations, end of year 1 1
Memorandum (non-add) entries:
3100 Obligated balance, start of year 1 1 1
3200 Obligated balance, end of year 1 1

Budget authority and outlays, net:
Discretionary:
Outlays, gross:
4011 Outlays from discretionary balances 1
4190 Outlays, net (total) 1

Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)


Identification code 86–0233–0–1–371 2012 actual 2013 CR 2014 est.

Guaranteed loan levels supportable by subsidy budget authority:
215001 Native Hawaiian Housing Loan Guarantees 4 14 38



215999 Total loan guarantee levels 4 14 38
Guaranteed loan subsidy (in percent):
232001 Native Hawaiian Housing Loan Guarantees 0.93 0.50 0.53



232999 Weighted average subsidy rate 0.93 0.50 0.53
Guaranteed loan subsidy budget authority:
233001 Native Hawaiian Housing Loan Guarantees 1 1



233999 Total subsidy budget authority 1 1
Guaranteed loan downward reestimates:
237001 Native Hawaiian Housing Loan Guarantees –1



237999 Total downward reestimate subsidy budget authority –1

The Native Hawaiian Housing Loan Guarantee program provides access to private financing to eligible Native Hawaiian families who reside on the Hawaiian Home Lands and who otherwise could not acquire private financing because of the unique legal status of the Hawaiian Home Lands. Because the program has sufficient carryover funds, the 2014 Budget does not provide any new credit subsidy budget authority.

As required by the Federal Credit Reform Act of 1990, this account records, for this program, the subsidy costs associated with the loan guarantees committed in 2001 and beyond (including modifications of guarantees that resulted from obligations in any year). The subsidy amounts are estimated on a net present value basis. The administrative expenses are shown on a cash basis.

Native Hawaiian Housing Loan Guarantee Fund Financing Account

Program and Financing (in millions of dollars)


Identification code 86–4351–0–3–371 2012 actual 2013 CR 2014 est.

Obligations by program activity:
Credit program obligations:
0742 Downward reestimate paid to receipt account 1



0900 Total new obligations 1

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 8 2 1
1020 Adjustment of unobligated bal brought forward, Oct 1 –6



1050 Unobligated balance (total) 2 2 1
1930 Total budgetary resources available 2 2 1
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 2 1 1

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 1
3010 Obligations incurred, unexpired accounts 1



3050 Unpaid obligations, end of year 1 1
Memorandum (non-add) entries:
3100 Obligated balance, start of year 1
3200 Obligated balance, end of year 1 1

Status of Guaranteed Loans (in millions of dollars)


Identification code 86–4351–0–3–371 2012 actual 2013 CR 2014 est.

Position with respect to appropriations act limitation on commitments:
2111 Limitation on guaranteed loans made by private lenders 42 42 38
2121 Limitation available from carry-forward 545 583 611
2143 Uncommitted limitation carried forward –583 –611 –611



2150 Total guaranteed loan commitments 4 14 38
2199 Guaranteed amount of guaranteed loan commitments 4 14 38

Cumulative balance of guaranteed loans outstanding:
2210 Outstanding, start of year 119 124 150
2231 Disbursements of new guaranteed loans 5 30 30
2251 Repayments and prepayments –4 –4



2290 Outstanding, end of year 124 150 176

Memorandum:
2299 Guaranteed amount of guaranteed loans outstanding, end of year 69 28 28

As required by the Federal Credit Reform Act of 1990, this non-budgetary account records all cash flows to and from the government resulting from the loan guarantees committed in 2001 and beyond (including modifications of loan guarantees that resulted from obligations in any year). The amounts in this account are a means of financing and are not included in the budget totals. As required by the Federal Credit Reform Act of 1990, no administrative expenses can be recorded in the financing account.

Balance Sheet (in millions of dollars)


Identification code 86–4351–0–3–371 2011 actual 2012 actual

ASSETS:
1101 Federal assets: Fund balances with Treasury 1 1


1999 Total assets 1 1
LIABILITIES:
2204 Non-Federal liabilities: Liabilities for loan guarantees 1 1


4999 Total liabilities and net position 1 1

Title VI Indian Federal Guarantees Financing Account

Program and Financing (in millions of dollars)


Identification code 86–4244–0–3–604 2012 actual 2013 CR 2014 est.

Obligations by program activity:
Credit program obligations:
0711 Default claim payments on principal 1 1
0712 Default claim payments on interest 1 1
0742 Downward reestimate paid to receipt account 2 3
0743 Interest on downward reestimates 1 1



0900 Total new obligations 3 6 2

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 10 12 10
Financing authority:
Spending authority from offsetting collections, mandatory:
1800 Collected 4 4 2
1801 Change in uncollected payments, Federal sources 1



1850 Spending auth from offsetting collections, mand (total) 5 4 2
1930 Total budgetary resources available 15 16 12
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 12 10 10

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 3
3010 Obligations incurred, unexpired accounts 3 6 2
3020 Financing disbursements (gross) –3 –3 –3



3050 Unpaid obligations, end of year 3 2
Uncollected payments:
3060 Uncollected pymts, Fed sources, brought forward, Oct 1 –1 –1
3070 Change in uncollected pymts, Fed sources, unexpired –1



3090 Uncollected pymts, Fed sources, end of year –1 –1 –1
Memorandum (non-add) entries:
3100 Obligated balance, start of year –1 2
3200 Obligated balance, end of year –1 2 1

Financing authority and disbursements, net:
Mandatory:
4090 Financing authority, gross 5 4 2
Financing disbursements:
4110 Financing disbursements, gross 3 3 3
Offsets against gross financing authority and disbursements:
Offsetting collections (collected) from:
4120 Federal sources –3 –3 –1
4122 Interest on uninvested funds –1 –1 –1



4130 Offsets against gross financing auth and disbursements (total) –4 –4 –2
Additional offsets against financing authority only (total):
4140 Change in uncollected pymts, Fed sources, unexpired –1
4170 Financing disbursements, net (mandatory) –1 –1 1
4190 Financing disbursements, net (total) –1 –1 1

Status of Guaranteed Loans (in millions of dollars)


Identification code 86–4244–0–3–604 2012 actual 2013 CR 2014 est.

Position with respect to appropriations act limitation on commitments:
2111 Limitation on guaranteed loans made by private lenders 20 20 18
2121 Limitation available from carry-forward 52 52 27
2143 Uncommitted limitation carried forward –52 –27



2150 Total guaranteed loan commitments 20 45 45
2199 Guaranteed amount of guaranteed loan commitments 20 20 18

Cumulative balance of guaranteed loans outstanding:
2210 Outstanding, start of year 122 135 148
2231 Disbursements of new guaranteed loans 20 20 18
2251 Repayments and prepayments –5 –5 –5
2263 Adjustments: Terminations for default that result in claim payments –2 –2 –2



2290 Outstanding, end of year 135 148 159

Memorandum:
2299 Guaranteed amount of guaranteed loans outstanding, end of year 135 146 146

As required by the Federal Credit Reform Act of 1990, this non-budgetary account records all cash flows to and from the Government resulting from loan guarantees committed in 1992 and beyond (including modifications of loan guarantees that resulted from commitments in any year). The amounts in this account are a means of financing and are not included in the budget totals. As required by the Federal Credit Reform Act of 1990, no administrative expenses can be recorded in the financing account.

Balance Sheet (in millions of dollars)


Identification code 86–4244–0–3–604 2011 actual 2012 actual

ASSETS:
1101 Federal assets: Fund balances with Treasury 11 11


1999 Total assets 11 11
LIABILITIES:
2204 Non-Federal liabilities: Liabilities for loan guarantees 11 11


4999 Total liabilities and net position 11 11

Community Planning and Development

Federal Funds

Community Planning and Development

housing opportunities for persons with aids

For carrying out the Housing Opportunities for Persons with AIDS program, as authorized by the AIDS Housing Opportunity Act (42 U.S.C. 12901 et seq.), $332,000,000, to remain available until September 30, 2015, except that amounts allocated pursuant to section 854(c)(3) of such Act shall remain available until September 30, 2016: Provided, That the Secretary shall renew all expiring contracts for permanent supportive housing that were funded under section 854(c)(3) of such Act that meet all program requirements before awarding funds for new contracts and activities authorized under this section.

Note.—A full-year 2013 appropriation for this account was not enacted at the time the budget was prepared; therefore, the budget assumes this account is operating under the Continuing Appropriations Resolution, 2013 (P.L. 112–175). The amounts included for 2013 reflect the annualized level provided by the continuing resolution.

Program and Financing (in millions of dollars)


Identification code 86–0308–0–1–604 2012 actual 2013 CR 2014 est.

Obligations by program activity:
0001 HOPWA Formula Grants 319 301 297
0002 HOPWA Competitive Grants 33 34 33



0900 Total new obligations (object class 41.0) 352 335 330

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 90 70 69
Budget authority:
Appropriations, discretionary:
1100 Appropriation 332 334 332
1120 Appropriations transferred to other accts [86–0308] –33 –33 –33
1120 Appropriations transferred to other accts [86–0402] –2
1121 Appropriations transferred from other accts [86–0308] 33 33 33



1160 Appropriation, discretionary (total) 332 334 330
1930 Total budgetary resources available 422 404 399
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 70 69 69

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 468 485 495
3010 Obligations incurred, unexpired accounts 352 335 330
3020 Outlays (gross) –334 –325 –316
3041 Recoveries of prior year unpaid obligations, expired –1



3050 Unpaid obligations, end of year 485 495 509
Memorandum (non-add) entries:
3100 Obligated balance, start of year 468 485 495
3200 Obligated balance, end of year 485 495 509

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 332 334 330
Outlays, gross:
4010 Outlays from new discretionary authority 2 3 3
4011 Outlays from discretionary balances 332 322 313



4020 Outlays, gross (total) 334 325 316
4180 Budget authority, net (total) 332 334 330
4190 Outlays, net (total) 334 325 316

The 2014 Budget provides $332 million for the Housing Opportunities for Persons with AIDS (HOPWA) program, the only Federal program dedicated to address the urgent housing needs of low-income Americans living with HIV and AIDS. HOPWA funding provides States and localities with resources and incentives to devise long-term comprehensive strategies for planning and providing housing and supportive services to meet the complex, multiple needs of persons living with HIV and AIDS and their families. HOPWA funds have been demonstrated to help reduce the risk of homelessness, increase housing stability, and improve access to HIV care and health outcomes for program participants.

Ninety percent of HOPWA funds are distributed to States and eligible metropolitan areas according to a formula, which is based on the number of AIDS cases in the jurisdiction. The remaining ten percent are awarded competitively to States, local governments, and private nonprofit entities for projects of national significance and for projects in non-formula areas. However, the HOPWA formula does not reflect the current nature and distribution of the epidemic. To modernize the program, the Administration is proposing an updated formula based on living cases of HIV and adjusted for an area's fair market rent and poverty rates, focusing HOPWA funds on areas that have the most need. The proposal also includes several changes that will allow better targeting of HOPWA resources and more flexibility for grantees to provide the most cost-effective, timely interventions. These changes, which will be proposed in separate legislation, will improve the nation's response to the specialized housing needs of HIV/AIDS patients and will further the Administration's National HIV/AIDS Strategy.

In addition, the Department will seek to develop a strategy to effectively integrate HOPWA housing activities with homeless assistance and prevention programs under the Homeless Assistance Grants program while integrating HOPWA in Continuum of Care coordinated planning, centralized intake and assessment, and Homeless Management Information Systems. The integration of HOPWA resources with other homelessness prevention interventions will facilitate more collaborative local planning, better deploy limited resources to achieve the greatest impacts, and help synchronize program tools to reduce administrative burdens to give priority to ending homelessness for a greater number of persons who are homeless and who are also living with HIV/AIDS.

Community Development Fund

For assistance to units of State and local government, and to other entities, for economic and community development activities, and for other purposes, $3,143,100,000, to remain available until September 30, 2016, unless otherwise specified: Provided, That of the total amount provided, $2,798,100,000 is for carrying out the community development block grant program under title I of the Housing and Community Development Act of 1974, as amended (the "Act'' herein) (42 U.S.C. 5301 et seq.): Provided further, That unless explicitly provided for under this heading, not to exceed 20 percent of any grant made with funds appropriated under this heading shall be expended for planning and management development and administration: Provided further, That $70,000,000 shall be for grants to Indian tribes notwithstanding section 106(a)(1) of such Act, of which, notwithstanding any other provision of law (including section 204 of this Act), up to $3,960,000 may be used for emergencies that constitute imminent threats to health and safety, and up to $10,000,000 may be used for mold remediation and prevention.

Of the amounts made available under this heading, $200,000,000 shall be for the redevelopment of abandoned and foreclosed property as authorized under division B, title III of the Housing and Economic Recovery Act of 2008 (42 U.S.C. 5301 note): Provided, That the Act shall govern the use of such assistance except as otherwise provided in this paragraph: Provided further, That the Secretary shall competitively award such assistance to States and units of general local government: Provided further, That for the purposes of such assistance, including the previous proviso, the term "State" at section 102(a) of the Act shall be construed as including State housing finance agencies: Provided further, That the Secretary shall by notice published in the Federal Register establish criteria for awarding such assistance, including the extent of need, the demonstrated capacity of the applicant to execute projects, concentration of investment, the ability to leverage other resources (which may include loans guaranteed under section 108 of the Act [42 U.S.C. 5308]), and such other factors as the Secretary determines to be appropriate: Provided further, That the Secretary shall establish a minimum grant size for awards: Provided further, That loans guaranteed under section 108 of the Act [42 U.S.C. 5308] and used in conjunction with such assistance shall not be subject to subsection 108(b): Provided further, That the Secretary may use a portion of such assistance for grants under subsection 108(q): Provided further, That the Secretary shall make establishment and operation of land banks, demolition, and new housing construction eligible for assistance under this paragraph: Provided further, That grantees receiving such assistance under this paragraph may also use funds provided under Title I of the Act for the purposes specified in the previous proviso, upon approval of the Secretary.

Of the amounts made available under this heading, $75,000,000 shall be made available for Integrated Planning and Investment Grants to support local and regional public investment plans and implementation efforts that align public and private investments in development and infrastructure to better attract businesses and improve quality of life, modernize zoning and building codes, reduce barriers to achieve affordable and economically vital communities, attract private capital to community revitalization efforts, and sponsor community engagement efforts: Provided, That the Secretary will consult with the Secretary of Transportation and the heads of other relevant agencies in evaluating grant proposals awarded under this paragraph.

Note.—A full-year 2013 appropriation for this account was not enacted at the time the budget was prepared; therefore, the budget assumes this account is operating under the Continuing Appropriations Resolution, 2013 (P.L. 112–175). The amounts included for 2013 reflect the annualized level provided by the continuing resolution as well as amounts from P.L. 113–2, the Disaster Relief Appropriations Act, 2013 (no language shown).

Program and Financing (in millions of dollars)


Identification code 86–0162–0–1–451 2012 actual 2013 CR 2014 est.

Obligations by program activity:
0001 Community Development Formula Grants 3,188 3,750 2,784
0003 Indian Tribes 57 61 70
0004 Administration, Operations and Management 1 1
0007 Economic Development Initiative Grants 6
0008 Neighborhood Initiative Demonstration 2
0010 Disaster Assistance 359 6,381 9,842
0013 Integrated Planning and Investment Strategies Grants 100 75
0014 Rural Fund 2
0015 Neighborhood Stabilization Initiative 199



0900 Total new obligations (object class 41.0) 3,714 10,193 12,971

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 1,039 733 9,848
1021 Recoveries of prior year unpaid obligations 1



1050 Unobligated balance (total) 1,040 733 9,848
Budget authority:
Appropriations, discretionary:
1100 Appropriation 3,407 3,328 3,143
1100 Appropriation 16,000
1120 Appropriations transferred to other accts [86–0338] –10
1120 Appropriations transferred to other accts [86–0189] –10
1120 Appropriations transferred to other accts [86–0402] –15



1160 Appropriation, discretionary (total) 3,407 19,308 3,128
Spending authority from offsetting collections, discretionary:
1700 Collected 1



1750 Spending auth from offsetting collections, disc (total) 1
1900 Budget authority (total) 3,408 19,308 3,128
1930 Total budgetary resources available 4,448 20,041 12,976
Memorandum (non-add) entries:
1940 Unobligated balance expiring –1
1941 Unexpired unobligated balance, end of year 733 9,848 5

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 18,136 15,036 18,827
3010 Obligations incurred, unexpired accounts 3,714 10,193 12,971
3020 Outlays (gross) –6,795 –6,402 –10,066
3040 Recoveries of prior year unpaid obligations, unexpired –1
3041 Recoveries of prior year unpaid obligations, expired –18



3050 Unpaid obligations, end of year 15,036 18,827 21,732
Memorandum (non-add) entries:
3100 Obligated balance, start of year 18,136 15,036 18,827
3200 Obligated balance, end of year 15,036 18,827 21,732

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 3,408 19,308 3,128
Outlays, gross:
4010 Outlays from new discretionary authority 18 193 31
4011 Outlays from discretionary balances 6,777 6,209 10,035



4020 Outlays, gross (total) 6,795 6,402 10,066
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4030 Federal sources –1
4180 Budget authority, net (total) 3,407 19,308 3,128
4190 Outlays, net (total) 6,794 6,402 10,066

The Community Development Fund account includes funding for the Community Development Block Grant (CDBG) program, Indian CDBG, Integrated Planning and Investment Strategies Grants, and a new competitive neighborhood stabilization grant program.

The Budget funds the CDBG formula grant program at $2.8 billion to assist State and local governments in addressing local priorities and needs. The CDBG program provides over 1,200 flexible annual formula grants to States, local governments, and Insular Areas to benefit mainly low-to moderate-income persons. The funding is used for a wide range of community and economic development activities, such as public infrastructure improvements (approximately 33 percent of all CDBG funds), housing rehabilitation and construction (approximately 25 percent of funds), job creation and retention, and public services (e.g., child care). 70 percent of the CDBG formula grants are distributed to mainly urban areas (entitlement communities), and 30 percent is distributed to the States (non-entitlement communities).

The Administration recognizes that CDBG funds represent a significant expenditure that is not optimally targeted based on community need or used most effectively in many cases. The Budget includes several proposals to better target funds based on community need and ensure that communities receive grants large enough to be more effective in advancing the goals of the program. The Budget proposes statutory changes to establish a minimum grant threshold and eliminate the community "grandfathering" provision. In addition, HUD will seek input from stakeholders over the coming months regarding further programmatic changes that would improve the targeting of formula funds and strengthen their accountability and performance.

The Budget also includes $200 million for a new competitive set-aside grant program to provide funds to areas hit hardest by the foreclosure crisis to support specific activities that support neighborhood stabilization. This new initiative builds on the successes of the first three rounds of the Neighborhood Stabilization Program, and will target neighborhoods still feeling the effects of the foreclosure crisis, and allow them to manage foreclosures, put land back to effective uses, and begin to recover economically. Competitive grants will go to States, cities, and state housing financing agencies for a number of eligible uses, including purchasing and rehabilitating abandoned and foreclosed properties, establishing land banks, demolishing blighted structures, and redeveloping vacant or demolished property. Grantees will be encouraged to leverage these funds with Community Development Loan Guarantees and other Federal, State, and local funds to ensure that they have maximum impact.

The Budget requests $75 million for Integrated Planning and Investment Grants, which is administered by HUD's Office of Economic Resilience. In partnership with the Department of Transportation (DOT) and the Environmental Protection Agency (EPA) and other Federal agencies, the Integrated Planning and Investment Grants aim to expand job opportunities and improve the quality of life for families by providing incentives to regions and communities to align planning efforts, invest public and private resources to attract businesses, modernize land use and building codes, attract private capital for community revitalization efforts, and sponsor robust community engagement efforts. This initiative complements DOT's funding to strengthen state and local infrastructure capacity, EPA's technical assistance, and efforts by other Federal agencies to advance economic development initiatives. Language is proposed to streamline HUD and DOT joint grant solicitations and implementation efforts to increase overall effectiveness and reduce burden on grantees.

The Budget increases the Indian Community Development program funding to $70 million. This program provides eligible grantees with direct grants for use in developing viable Indian and Alaska Native Communities, including decent housing, a suitable living environment, and economic opportunities, primarily for low- and moderate-income persons. Within this account, $10 million will be set aside to address mold issues in Indian housing.

This account reflects $16 billion in CDBG funding appropriated by the Disaster Relief Appropriations Act, 2013 (Public Law 113–2). These funds are intended primarily to respond to the effects of Hurricane Sandy that impacted the Atlantic Coast in late October 2012, but will also be used to respond to other significant Presidentially-declared disasters that occurred in calendar years 2011, 2012, and 2013. Other amounts reflected in this account include prior year CDBG disaster supplemental funding, as well as funds provided by the 2009 American Recovery and Reinvestment Act ($1 billion in CDBG formula grants and $2 billion for Neighborhood Stabilization Program (NSP) II grants). The $3.92 billion in NSP funding from the Housing and Economic Recovery Act of 2008 and the $1 billion from the Dodd-Frank Wall Street Financial Reform and Consumer Protection Act are mandatory appropriations and are reflected in a separate account.

Empowerment Zones/enterprise Communities/renewal Communities

Unobligated balances, including recaptures and carryover, remaining from funds appropriated to the Department of Housing and Urban Development under this heading are hereby permanently cancelled.

No new appropriation is requested for the Empowerment Zone (EZ) and Renewal Community (RC) programs in the 2014 Budget. Rather, a rescission of approximately $25,000 in carryover is proposed. The tax incentives for RCs expired on December 31, 2009, while EZ tax incentives have been extended to December 31, 2013.

Brownfields Redevelopment

Program and Financing (in millions of dollars)


Identification code 86–0314–0–1–451 2012 actual 2013 CR 2014 est.

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 52 35 23
3020 Outlays (gross) –16 –12 –12
3041 Recoveries of prior year unpaid obligations, expired –1



3050 Unpaid obligations, end of year 35 23 11
Memorandum (non-add) entries:
3100 Obligated balance, start of year 52 35 23
3200 Obligated balance, end of year 35 23 11

Budget authority and outlays, net:
Discretionary:
Outlays, gross:
4011 Outlays from discretionary balances 16 12 12
4190 Outlays, net (total) 16 12 12

The 2014 Budget requests no funding for the Brownfields Economic Development Initiative (BEDI) program, which is a competitive grant program designed to assist cities with the redevelopment of brownfield sites for the purposes of economic development and job creation. Brownfields are abandoned, idled, and underused industrial and commercial facilities and land where expansion and redevelopment is burdened by real or potential environmental contamination. Local governments have access to other public and private funds, including Community Development Block Grant (CDBG) funds, which can serve similar purposes.

Home Investment Partnerships Program

For the HOME Investment Partnerships program, as authorized under title II of the Cranston-Gonzalez National Affordable Housing Act, as amended, $950,000,000, to remain available until September 30, 2016: Provided, That of the amounts made available under this heading, up to $10,000,000 shall be made available for the Self-Help and Assisted Homeownership Opportunity Program (SHOP), as authorized by Section 11 of the Housing Opportunity Program Extension Act of 1996, as amended.

Note.—A full-year 2013 appropriation for this account was not enacted at the time the budget was prepared; therefore, the budget assumes this account is operating under the Continuing Appropriations Resolution, 2013 (P.L. 112–175). The amounts included for 2013 reflect the annualized level provided by the continuing resolution.

Program and Financing (in millions of dollars)


Identification code 86–0205–0–1–604 2012 actual 2013 CR 2014 est.

Obligations by program activity:
0001 HOME Investment Program 1,206 1,027 944
0002 Technical Assistance 2
0003 SHOP 10



0900 Total new obligations (object class 41.0) 1,208 1,027 954

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 355 152 131
1021 Recoveries of prior year unpaid obligations 8



1050 Unobligated balance (total) 363 152 131
Budget authority:
Appropriations, discretionary:
1100 Appropriation 1,000 1,006 950
1120 Appropriations transferred to other accts [86–0402] –5



1160 Appropriation, discretionary (total) 1,000 1,006 945
1930 Total budgetary resources available 1,363 1,158 1,076
Memorandum (non-add) entries:
1940 Unobligated balance expiring –3
1941 Unexpired unobligated balance, end of year 152 131 122

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 4,932 4,340 3,743
3010 Obligations incurred, unexpired accounts 1,208 1,027 954
3020 Outlays (gross) –1,781 –1,624 –1,392
3040 Recoveries of prior year unpaid obligations, unexpired –8
3041 Recoveries of prior year unpaid obligations, expired –11



3050 Unpaid obligations, end of year 4,340 3,743 3,305
Memorandum (non-add) entries:
3100 Obligated balance, start of year 4,932 4,340 3,743
3200 Obligated balance, end of year 4,340 3,743 3,305

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 1,000 1,006 945
Outlays, gross:
4010 Outlays from new discretionary authority 5 10 9
4011 Outlays from discretionary balances 1,776 1,614 1,383



4020 Outlays, gross (total) 1,781 1,624 1,392
4180 Budget authority, net (total) 1,000 1,006 945
4190 Outlays, net (total) 1,781 1,624 1,392

The HOME Investment Partnerships Program is authorized by the National Affordable Housing Act (P.L. 101–625), as amended. This program provides flexible annual formula grant assistance to States and units of local government to increase the supply of affordable housing and expand homeownership for low- to very-low income persons. Sixty percent of the formula grant funds is awarded to participating local governments and 40 percent is awarded to states. These communities often use the funds in partnership with local non-profit organizations to fund a wide range of activities that build, buy, and/or rehabilitate affordable housing for rent or homeownership, or to a much lesser extent, provide direct rental assistance to low-income people. Projects funded by HOME often leverage private dollars and are used in conjunction with the Low-Income Housing Tax Credit (LIHTC), Community Development Block Grant, and local funds. For example, 53 percent of almost 150,000 completed HOME assisted rental units were part of awarded LIHTC projects from 2007–2011.

The Budget requests $950 million for HOME. Over time, this funding is estimated to result in the production of almost 39,500 units of affordable housing through new construction, rehabilitation, and/or acquisition. It is also estimated that communities will use a portion of their funding to support tenant-based rental assistance for about 9,500 units.

The 2014 Budget also proposes statutory changes that would allow recaptured Community Housing Development Organization funds to be reallocated by formula; establish a single qualification threshold of $500,000 irrespective of the appropriation amount; revise the current "grandfathering" provision so that participating jurisdictions that fall below the threshold three out of a five year period are ineligible for direct formula funds; and facilitate eviction of HOME rental unit tenants who pose an imminent threat. When implemented, these changes will improve the targeting focus and effectiveness of the overall administration of the program.

In addition to funding HOME, up to $10 million will be eligible to specifically fund the Self-Help and Assisted Homeownership Opportunity Program (SHOP). SHOP is a competitive grant program that provides funds to increase the ability of non-profit organizations to assist low-income homebuyers willing to contribute "sweat equity" toward the construction of their homes. Communities can further leverage SHOP grants by using other sources of funding including HOME funds, which can also be used for sweat equity projects. The 2014 Budget also proposes statutory changes that would improve the administration of the SHOP program. These include allowing HUD to develop program regulations over five pages long, establishing a standard grant term of 36 months, establishing a deadline for completion of SHOP units, and explicitly naming planning, administrative, and management costs as eligible activities.

Housing Trust Fund

(Legislative proposal, subject to PAYGO)

Program and Financing (in millions of dollars)


Identification code 86–5553–4–2–604 2012 actual 2013 CR 2014 est.

Obligations by program activity:
0001 Direct program activity 1,000



0900 Total new obligations (object class 41.0) 1,000

Budgetary Resources:
Budget authority:
Appropriations, mandatory:
1200 Appropriation 1,000



1260 Appropriations, mandatory (total) 1,000
1930 Total budgetary resources available 1,000

Change in obligated balance:
Unpaid obligations:
3010 Obligations incurred, unexpired accounts 1,000
3020 Outlays (gross) –10



3050 Unpaid obligations, end of year 990
Memorandum (non-add) entries:
3200 Obligated balance, end of year 990

Budget authority and outlays, net:
Mandatory:
4090 Budget authority, gross 1,000
Outlays, gross:
4100 Outlays from new mandatory authority 10
4180 Budget authority, net (total) 1,000
4190 Outlays, net (total) 10

The Housing Trust Fund was originally authorized in the Housing and Economic Recovery Act of 2008 (Pub. L. 110–289) under section 1338 of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (U.S.C. 1301 et. seq.) with a dedicated funding stream from assessments on Fannie Mae and Freddie Mac. However, the Federal Housing Finance Agency, the regulator for Fannie Mae and Freddie Mac, has indefinitely suspended these assessments.

The Budget proposes a $1 billion mandatory appropriations to capitalize the Housing Trust Fund. The purpose of the Housing Trust Fund is to provide grants to States to increase and preserve the supply of affordable rental housing and homeownership opportunities for extremely low- and very low-income families, and help address the growing shortage of affordable housing for these families. This program is similar to HOME, but is more income-targeted. The funding will be distributed by formula to States or State-designated entities that will target resources to areas with substantial affordable housing needs. The funding will be used primarily for construction, preservation, and rehabilitation of affordable rental housing, with up to ten percent of the funding for similar eligible activities that support homeownership. Of the total amounts made available, not less than 75 percent shall be used to benefit extremely low-income households, for whom the shortage of affordable housing is most acute. Over time, the funding provided for the Housing Trust Fund in 2014 is expected to produce approximately 16,000 affordable units using a mix of funding sources, including other public funds, tax credits, and private debt.

Capacity Building

Of the amounts made available under this heading, $20,000,000 shall be made available for the second, third, and fourth capacity building activities authorized under section 4(a) of the HUD Demonstration Act of 1993 (42 U.S.C. 9816 note), of which not less than $5,000,000 may be made available for rural capacity building activities.

Note.—A full-year 2013 appropriation for this account was not enacted at the time the budget was prepared; therefore, the budget assumes this account is operating under the Continuing Appropriations Resolution, 2013 (P.L. 112–175). The amounts included for 2013 reflect the annualized level provided by the continuing resolution.

Program and Financing (in millions of dollars)


Identification code 86–0405–0–1–451 2012 actual 2013 CR 2014 est.

Obligations by program activity:
0001 Capacity Building 20



0900 Total new obligations (object class 41.0) 20

Budgetary Resources:
Budget authority:
Appropriations, discretionary:
1100 Appropriation 20



1160 Appropriation, discretionary (total) 20
1930 Total budgetary resources available 20

Change in obligated balance:
Unpaid obligations:
3010 Obligations incurred, unexpired accounts 20



3050 Unpaid obligations, end of year 20
Memorandum (non-add) entries:
3200 Obligated balance, end of year 20

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 20
4180 Budget authority, net (total) 20

The 2014 Budget provides $20 million for the Capacity Building for Community Development and Affordable Housing program, which is authorized by Section 4 of the HUD Demonstration Act of 1993. The Capacity Building program provides grants to national intermediaries to develop, enhance, and strengthen the technical and administrative capabilities of community development corporations to carry out community development and affordable housing activities for low- and moderate-income persons that support and address local needs and priorities. This program was previously funded as a part of the Self-Help and Assisted Homeownership Opportunity Program account.

Self-Help and Assisted Homeownership Opportunity Program

Note.—A full-year 2013 appropriation for this account was not enacted at the time the budget was prepared; therefore, the budget assumes this account is operating under the Continuing Appropriations Resolution, 2013 (P.L. 112–175). The amounts included for 2013 reflect the annualized level provided by the continuing resolution.

Program and Financing (in millions of dollars)


Identification code 86–0176–0–1–604 2012 actual 2013 CR 2014 est.

Obligations by program activity:
0001 Self Help Housing Opportunity Program 48 14
0002 Capacity Building 27 35
0003 Rural Capacity Building 10



0900 Total new obligations (object class 41.0) 75 59

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 27 6 1
Budget authority:
Appropriations, discretionary:
1100 Appropriation 54 54



1160 Appropriation, discretionary (total) 54 54
1930 Total budgetary resources available 81 60 1
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 6 1 1

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 187 199 176
3010 Obligations incurred, unexpired accounts 75 59
3020 Outlays (gross) –63 –82 –66



3050 Unpaid obligations, end of year 199 176 110
Memorandum (non-add) entries:
3100 Obligated balance, start of year 187 199 176
3200 Obligated balance, end of year 199 176 110

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 54 54
Outlays, gross:
4011 Outlays from discretionary balances 63 82 66
4180 Budget authority, net (total) 54 54
4190 Outlays, net (total) 63 82 66

The 2014 Budget requests no separate funding for the Self-Help and Assisted Homeownership Opportunity Program (SHOP) account. Instead, SHOP is included as part of the request for the HOME Investment Partnerships Program. Activities under the Capacity Building for Community Development and Affordable Housing Program are requested separately under the Capacity Building account.

Neighborhood Stabilization Program

Program and Financing (in millions of dollars)


Identification code 86–0344–0–1–451 2012 actual 2013 CR 2014 est.

Obligations by program activity:
0001 Abandoned and Foreclosed 1
0002 Technical Assistance 20
0003 Disaster Assistance 19



0900 Total new obligations (object class 41.0) 21 19

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 31 19
1010 Unobligated balance transfer to other accts [86–0338] –3
1010 Unobligated balance transfer to other accts [86–4586] –5
1010 Unobligated balance transfer to other accts [86–0335] –2
1021 Recoveries of prior year unpaid obligations 19



1050 Unobligated balance (total) 40 19
1930 Total budgetary resources available 40 19
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 19

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 2,091 1,416 405
3010 Obligations incurred, unexpired accounts 21 19
3020 Outlays (gross) –677 –1,030 –329
3040 Recoveries of prior year unpaid obligations, unexpired –19



3050 Unpaid obligations, end of year 1,416 405 76
Memorandum (non-add) entries:
3100 Obligated balance, start of year 2,091 1,416 405
3200 Obligated balance, end of year 1,416 405 76

Budget authority and outlays, net:
Mandatory:
Outlays, gross:
4101 Outlays from mandatory balances 677 1,030 329
4190 Outlays, net (total) 677 1,030 329

Summary of Budget Authority and Outlays (in millions of dollars)


2012 actual 2013 CR 2014 est.

Enacted/requested:
Outlays 677 1,030 329
Legislative proposal, subject to PAYGO:
Budget Authority 15,000
Outlays 50
Total:
Budget Authority 15,000
Outlays 677 1,030 379

The Neighborhood Stabilization Program (NSP) was authorized by the Housing and Economic Recovery Act of 2008 (HERA) and funded at $3.92 billion. In response to the foreclosure crisis, HERA directed HUD to develop a formula to distribute the funds to State and local governments with the greatest need. To determine the areas with the greatest need, the allocation formula had to be based on home foreclosures, subprime loans, and mortgage defaults or delinquencies. Grantees may use NSP funds for a number of eligible activities, including establishing financing mechanisms; purchasing and rehabilitating abandoned or foreclosed properties; establishing land banks; demolishing blighted structures; and redeveloping vacant or demolished property. NSP grantees must use at least 25 percent of the funds appropriated for the purchase and redevelopment of abandoned or foreclosed residential properties that will be used to house individuals or families whose incomes do not exceed 50 percent of the area median income. In addition, all activities funded by NSP must benefit low- and moderate-income persons whose income does not exceed 120 percent of area median income.

In September 2008, HUD announced direct NSP allocations to 309 jurisdictions, including all 50 states, Puerto Rico and the Insular Areas. Pursuant to HERA, grantees had 18 months from the date funds were made available to obligate the funds. As of February 2013, grantees had expended more than 95 percent of this first round of NSP funding (NSP1).

The American Recovery and Reinvestment Act of 2009 (ARRA) made several changes to the NSP program as enacted by HERA and appropriated an additional $2 billion in funding for the NSP program. The ARRA funding for the second round of NSP funding (NSP2) is reflected within the Community Development Fund account. In January 2010, HUD announced 56 awards under the NSP2 program and all funds were obligated on February 11, 2010. NSP2 grantees had until February 11, 2013, to expend their funds. All but four grantees met the February deadline and HUD is imposing corrective actions and sanctions to resolve expenditure issues surrounding these grants. As of February 2013, grantees had collectively expended more than 100 percent of NSP2 funding, including program income.

The Dodd-Frank Financial Reform and Consumer Protection Act of 2010 (Dodd-Frank Act) appropriated an additional $1 billion for a third iteration of NSP (NSP3) in July 2010. The Department announced a formula allocation of these funds to 283 entities consisting of State and local governments in September 2010. Grantees submitted their plans for using the NSP3 funds by March 2011 and, from the date HUD made the funds available, grantees will have two years to expend 50 percent of the grant and three years to expend 100 percent. As of February 2013, NSP 3 grantees had expended more than 36 percent of funds.

The Budget provides $200 million in new competitive funds for neighborhood stabilization activities as part of the Community Development Fund. The Administration continues to propose $15 billion in mandatory funding for Project Rebuild which would build upon the success of the Neighborhood Stabilization Program and expand opportunities for grantees to address abandoned and foreclosed commercial properties for redevelopment purposes. Of the requested $15 billion for Project Rebuild, $10 billion is for a formula allocation to State and local governments while $5 billion is reserved for competitive distribution to governmental entities as well as non-profit and for-profit entities.

Neighborhood Stabilization Program

(Legislative proposal, subject to PAYGO)

Program and Financing (in millions of dollars)


Identification code 86–0344–4–1–451 2012 actual 2013 CR 2014 est.

Obligations by program activity:
0004 Project Rebuild 15,000



0900 Total new obligations (object class 41.0) 15,000

Budgetary Resources:
Budget authority:
Appropriations, mandatory:
1200 Appropriation 15,000



1260 Appropriations, mandatory (total) 15,000
1930 Total budgetary resources available 15,000

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 15,000
3010 Obligations incurred, unexpired accounts 15,000
3020 Outlays (gross) –50



3050 Unpaid obligations, end of year 15,000 14,950
Memorandum (non-add) entries:
3100 Obligated balance, start of year 15,000
3200 Obligated balance, end of year 15,000 14,950

Budget authority and outlays, net:
Mandatory:
4090 Budget authority, gross 15,000
Outlays, gross:
4101 Outlays from mandatory balances 50
4180 Budget authority, net (total) 15,000
4190 Outlays, net (total) 50

Homeless Assistance Grants

(including transfer of funds)

For the emergency solutions grants program as authorized under subtitle B of title IV of the McKinney-Vento Homeless Assistance Act, as amended; and the continuum of care program as authorized under subtitle C of title IV of such Act; $2,381,000,000, to remain available until September 30, 2016, and any rental assistance amounts that are recaptured under such continuum of care program shall remain available until expended: Provided, That not less than $346,000,000 of the funds appropriated under this heading shall be available for such emergency solutions grants program, of which $60,000,000 shall be for rapid re-housing for high need communities as determined by the Secretary: Provided further, That not less than $2,027,000,000 of the funds appropriated under this heading shall be available for such continuum of care program: Provided further, That up to $8,000,000 of the funds appropriated under this heading shall be available for the national homeless data analysis project: Provided further, That all funds awarded for supportive services under the continuum of care program shall be matched by not less than 25 percent in cash or in kind by each grantee: Provided further, That for all match requirements applicable to funds made available under this heading for this fiscal year and prior years, a grantee may use (or could have used) as a source of match funds other funds administered by the Secretary and other Federal agencies unless there is (or was) a specific statutory prohibition on any such use of any such funds: Provided further, That the Secretary shall renew on an annual basis expiring contracts or amendments to contracts funded under the continuum of care program if the program is determined to be needed under the applicable continuum of care and meets appropriate program requirements and financial standards, as determined by the Secretary: Provided further, That all awards of assistance under this heading shall be required to coordinate and integrate homeless programs with other mainstream health, social services, and employment programs for which homeless populations may be eligible, including Medicaid, State Children's Health Insurance Program, Temporary Assistance for Needy Families, Food Stamps, and services funding through the Mental Health and Substance Abuse Block Grant, Workforce Investment Act, and the Welfare-to-Work grant program: Provided further, That all balances for Shelter Plus Care renewals previously funded from the Shelter Plus Care Renewal account and transferred to this account shall be available, if recaptured, for continuum of care renewals in fiscal year 2014.

Note.—A full-year 2013 appropriation for this account was not enacted at the time the budget was prepared; therefore, the budget assumes this account is operating under the Continuing Appropriations Resolution, 2013 (P.L. 112–175). The amounts included for 2013 reflect the annualized level provided by the continuing resolution.

Program and Financing (in millions of dollars)


Identification code 86–0192–0–1–604 2012 actual 2013 CR 2014 est.

Obligations by program activity:
0001 Homeless Assistance Grants 1,743
0002 National Homeless Data Analysis Project 13 8
0003 Technical Assistance 7
0004 Sec. 8 Mod Rehab Amendments 2
0009 Continuum of Care (SPC, SHP, Rural) 1,681 1,574
0010 Emergency Solutions Grants - Formula 314 314 356



0900 Total new obligations (object class 41.0) 2,079 1,995 1,938

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 2,192 2,023 1,961
1021 Recoveries of prior year unpaid obligations 35 20 20



1050 Unobligated balance (total) 2,227 2,043 1,981
Budget authority:
Appropriations, discretionary:
1100 Appropriation 1,901 1,913 2,381



1160 Appropriation, discretionary (total) 1,901 1,913 2,381
1930 Total budgetary resources available 4,128 3,956 4,362
Memorandum (non-add) entries:
1940 Unobligated balance expiring –26
1941 Unexpired unobligated balance, end of year 2,023 1,961 2,424

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 2,516 2,474 2,731
3010 Obligations incurred, unexpired accounts 2,079 1,995 1,938
3011 Obligations incurred, expired accounts 1
3020 Outlays (gross) –1,955 –1,718 –1,652
3040 Recoveries of prior year unpaid obligations, unexpired –35 –20 –20
3041 Recoveries of prior year unpaid obligations, expired –132



3050 Unpaid obligations, end of year 2,474 2,731 2,997
Memorandum (non-add) entries:
3100 Obligated balance, start of year 2,516 2,474 2,731
3200 Obligated balance, end of year 2,474 2,731 2,997

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 1,901 1,913 2,381
Outlays, gross:
4010 Outlays from new discretionary authority 4 10 12
4011 Outlays from discretionary balances 1,951 1,708 1,640



4020 Outlays, gross (total) 1,955 1,718 1,652
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4033 Non-Federal sources –1
Additional offsets against gross budget authority only:
4052 Offsetting collections credited to expired accounts 1



4070 Budget authority, net (discretionary) 1,901 1,913 2,381
4080 Outlays, net (discretionary) 1,954 1,718 1,652
4180 Budget authority, net (total) 1,901 1,913 2,381
4190 Outlays, net (total) 1,954 1,718 1,652

The Homeless Assistance Grants account provides funds for the Emergency Solutions Grant (ESG) and Continuum of Care (CoC) programs. These programs, which award funds through formula and competitive processes, enable localities to shape and implement comprehensive, flexible, coordinated approaches to address the multiple issues of homelessness. Many communities have made great strides in creating comprehensive approaches to ending chronic homelessness through the development of local plans.

The 2014 Budget provides $2.38 billion for a wide range of activities to assist homeless persons and prevent future homelessness. HUD estimates it will use $1.95 billion for competitive renewals in the CoC program and $346 million for the Emergency Solutions Grant Program, $60 million of which shall be used for rapid re-housing in high need communities. The Budget also includes $40 million for new competitive permanent supportive housing projects in the CoC program, and $8 million for the Homeless Data Analysis Project.

In 2014, HUD will continue the implementation of the McKinney-Vento Act as amended by the HEARTH Act. HUD began implementation of the HEARTH Act with the Emergency Solutions Grants, Consolidated Plan, and Homeless Definition interim rules effective January 2012, and the Continuum of Care interim rule effective August 2012.

The 2014 Budget helps make progress toward ending homelessness by supporting the goals of "Opening Doors: the Federal Strategic Plan to Prevent and End Homelessness," which was published by the U.S. Interagency Council on Homelessness in 2010.

Permanent Supportive Housing

Program and Financing (in millions of dollars)


Identification code 86–0342–0–1–604 2012 actual 2013 CR 2014 est.

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 46 36 24
3020 Outlays (gross) –10 –12 –7



3050 Unpaid obligations, end of year 36 24 17
Memorandum (non-add) entries:
3100 Obligated balance, start of year 46 36 24
3200 Obligated balance, end of year 36 24 17

Budget authority and outlays, net:
Discretionary:
Outlays, gross:
4011 Outlays from discretionary balances 10 12 7
4190 Outlays, net (total) 10 12 7

This program was created by the Supplemental Appropriations Act, 2008 (P.L. 110–252), which provided $73 million for permanent supportive housing assistance as referenced in the Road Home Program of the Louisiana Recovery Authority (LRA). Of the total amount appropriated, $50 million is for permanent supportive housing, which serves approximately 1,000 homeless individuals and families living with disabilities. These grants are administered under the Shelter Plus Care program, as authorized under subtitle F of title IV of the McKinney-Vento Homeless Assistance Act (42 U.S.C. 11403 et seq.). The LRA will be eligible to apply for Homeless Assistance Grants to renew this assistance. Additionally, this account provides $23 million in project-based rental assistance vouchers to LRA to support an estimated 2,000 elderly and disabled disaster victims, as authorized, under section 8(o)(13) of the United States Housing Act of 1937 (42 U.S.C. 1437f(o)(13)). Beginning in 2010, these vouchers have been renewed within the Tenant-Based Rental Assistance account upon the termination of the original subsidy.

Rural Housing and Economic Development

Program and Financing (in millions of dollars)


Identification code 86–0324–0–1–604 2012 actual 2013 CR 2014 est.

Obligations by program activity:
0001 Rural Housing and Economic Development 3
0002 Border Capital Community Initiative 3 1



0900 Total new obligations (object class 41.0) 3 3 1

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 4 3 1
1021 Recoveries of prior year unpaid obligations 2 1



1050 Unobligated balance (total) 6 4 1
1930 Total budgetary resources available 6 4 1
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 3 1

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 34 24 6
3010 Obligations incurred, unexpired accounts 3 3 1
3020 Outlays (gross) –11 –20 –7
3040 Recoveries of prior year unpaid obligations, unexpired –2 –1



3050 Unpaid obligations, end of year 24 6
Memorandum (non-add) entries:
3100 Obligated balance, start of year 34 24 6
3200 Obligated balance, end of year 24 6

Budget authority and outlays, net:
Discretionary:
Outlays, gross:
4011 Outlays from discretionary balances 11 20 7
4190 Outlays, net (total) 11 20 7

The 2014 Budget does not provide funding for the Rural Housing and Economic Development (RHED) program. RHED was created to encourage innovative approaches to serving the housing and economic development needs of the nation's rural communities.

Revolving Fund (liquidating Programs)

Program and Financing (in millions of dollars)


Identification code 86–4015–0–3–451 2012 actual 2013 CR 2014 est.

Obligations by program activity:
0001 Revolving Fund 2 1 1



0900 Total new obligations (object class 32.0) 2 1 1

Budgetary Resources:
Budget authority:
Appropriations, mandatory:
1200 Appropriation 2 1 1



1260 Appropriations, mandatory (total) 2 1 1
1900 Budget authority (total) 2 1 1
1930 Total budgetary resources available 2 1 1

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 7 9 8
3010 Obligations incurred, unexpired accounts 2 1 1
3020 Outlays (gross) –2 –2



3050 Unpaid obligations, end of year 9 8 7
Memorandum (non-add) entries:
3100 Obligated balance, start of year 7 9 8
3200 Obligated balance, end of year 9 8 7

Budget authority and outlays, net:
Mandatory:
4090 Budget authority, gross 2 1 1
Outlays, gross:
4100 Outlays from new mandatory authority 1 1
4101 Outlays from mandatory balances 1 1



4110 Outlays, gross (total) 2 2
4180 Budget authority, net (total) 2 1 1
4190 Outlays, net (total) 2 2

Status of Direct Loans (in millions of dollars)


Identification code 86–4015–0–3–451 2012 actual 2013 CR 2014 est.

Cumulative balance of direct loans outstanding:
1210 Outstanding, start of year 5 5 5
1263 Write-offs for default: Direct loans



1290 Outstanding, end of year 5 5 5

The Revolving Fund (liquidating programs) was established by the Independent Offices Appropriations Act of 1955 for the efficient liquidation of assets acquired under a number of housing and urban development programs, all of which are no longer active. The operational expenses are financed from a permanent, indefinite appropriation to administer the remaining repayments of loans and recaptures in the portfolio. Annually, any remaining unobligated balances in the account are returned as a dividend to the Treasury.

The Section 312 loan program portfolio, which provided first and junior lien financing at below market interest rates for the rehabilitation of homes in low-income neighborhoods, constituted a large portion of the account activities. This program ceased to originate new loans over 20 years ago. Since the sale of the Section 312 loan portfolio to the private sector in 2001, activity in this account has been minimal.

Balance Sheet (in millions of dollars)


Identification code 86–4015–0–3–451 2011 actual 2012 actual

ASSETS:
1101 Federal assets: Fund balances with Treasury 7 9
1601 Direct loans, gross 5 5
1603 Allowance for estimated uncollectible loans and interest (-) –5 –5


1604 Direct loans and interest receivable, net
1606 Foreclosed property 1 2


1699 Value of assets related to direct loans 1 2


1999 Total assets 8 11
LIABILITIES:
2207 Non-Federal liabilities: Other 1 1
NET POSITION:
3100 Unexpended appropriations 7 10


4999 Total liabilities and net position 8 11

Community Development Loan Guarantees Program Account

Subject to section 502 of the Congressional Budget Act of 1974, during fiscal year 2014 commitments to guarantee loans under section 108 of the Housing and Community Development Act of 1974, any part of which is guaranteed, shall not exceed a total principal amount of $500,000,000, notwithstanding any aggregate limitation on outstanding obligations guaranteed in subsection (k) of such section 108: Provided, That the Secretary shall collect fees from borrowers, notwithstanding subsection (m) of such section 108, to result in a credit subsidy cost of zero, and such fees such be collected in accordance with section 502(7) of the Congressional Budget Act of 1974.

Note.—A full-year 2013 appropriation for this account was not enacted at the time the budget was prepared; therefore, the budget assumes this account is operating under the Continuing Appropriations Resolution, 2013 (P.L. 112–175). The amounts included for 2013 reflect the annualized level provided by the continuing resolution.

Program and Financing (in millions of dollars)


Identification code 86–0198–0–1–451 2012 actual 2013 CR 2014 est.

Obligations by program activity:
Credit program obligations:
0702 Loan guarantee subsidy 5 9
0707 Reestimates of loan guarantee subsidy 7 7
0708 Interest on reestimates of loan guarantee subsidy 1 1



0900 Total new obligations (object class 33.0) 13 17

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 3 3
1001 Discretionary unobligated balance brought fwd, Oct 1 3 3
1021 Recoveries of prior year unpaid obligations 1



1050 Unobligated balance (total) 4 3
Budget authority:
Appropriations, discretionary:
1100 Appropriation 6 6



1160 Appropriation, discretionary (total) 6 6
Appropriations, mandatory:
1200 Appropriation 7 8



1260 Appropriations, mandatory (total) 7 8
1900 Budget authority (total) 13 14
1930 Total budgetary resources available 17 17
Memorandum (non-add) entries:
1940 Unobligated balance expiring –1
1941 Unexpired unobligated balance, end of year 3

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 14 14 15
3010 Obligations incurred, unexpired accounts 13 17
3020 Outlays (gross) –11 –16 –8
3040 Recoveries of prior year unpaid obligations, unexpired –1
3041 Recoveries of prior year unpaid obligations, expired –1



3050 Unpaid obligations, end of year 14 15 7
Memorandum (non-add) entries:
3100 Obligated balance, start of year 14 14 15
3200 Obligated balance, end of year 14 15 7

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 6 6
Outlays, gross:
4010 Outlays from new discretionary authority 1
4011 Outlays from discretionary balances 4 7 8



4020 Outlays, gross (total) 4 8 8
Mandatory:
4090 Budget authority, gross 7 8
Outlays, gross:
4100 Outlays from new mandatory authority 7 8
4180 Budget authority, net (total) 13 14
4190 Outlays, net (total) 11 16 8

Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)


Identification code 86–0198–0–1–451 2012 actual 2013 CR 2014 est.

Guaranteed loan levels supportable by subsidy budget authority:
215001 Community development loan guarantee levels 206 364 500



215999 Total loan guarantee levels 206 364 500
Guaranteed loan subsidy (in percent):
232001 Community development loan guarantee levels 2.48 2.46 0.00



232999 Weighted average subsidy rate 2.48 2.46 0.00
Guaranteed loan subsidy budget authority:
233001 Community development loan guarantee levels 5 9



233999 Total subsidy budget authority 5 9
Guaranteed loan subsidy outlays:
234001 Community development loan guarantee levels 4 5 5



234999 Total subsidy outlays 4 5 5
Guaranteed loan upward reestimates:
235001 Community development loan guarantee levels 7 8



235999 Total upward reestimate budget authority 7 8
Guaranteed loan downward reestimates:
237001 Community development loan guarantee levels –10 –3



237999 Total downward reestimate subsidy budget authority –10 –3

The 2014 Budget increases the guaranteed loan limit to $500 million, but does not request funding for the Community Development Loan Guarantee program (Section 108). Instead of subsidy, the Budget includes a legislative change to allow HUD to collect fees to offset credit subsidy costs and make related adjustments to the program. Carryover loan guarantee credit subsidy in this account will continue to be used until exhausted. The Budget requires that the program operate at a zero credit subsidy cost and provides for the collection of fees to fund program costs. Program activities include economic development projects, housing rehabilitation, public facilities rehabilitation, construction or installation for the benefit of low- to moderate-income persons, or to aid in the prevention of slums.

As required by the Federal Credit Reform Act of 1990, this account records the subsidy costs associated with the loan guarantees committed since 1992, including modifications of direct loans or loan guarantees that resulted from obligations or commitments in any year. The subsidy amounts are estimated on a present value basis.

Community Development Loan Guarantees Financing Account

Program and Financing (in millions of dollars)


Identification code 86–4096–0–3–451 2012 actual 2013 CR 2014 est.

Obligations by program activity:
Credit program obligations:
0742 Downward reestimate paid to receipt account 5 2
0743 Interest on downward reestimates 5 1



0900 Total new obligations 10 3

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 104 109 119
Financing authority:
Spending authority from offsetting collections, mandatory:
1800 Collected 15 13 9



1850 Spending auth from offsetting collections, mand (total) 15 13 9
1930 Total budgetary resources available 119 122 128
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 109 119 128

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 3
3010 Obligations incurred, unexpired accounts 10 3
3020 Financing disbursements (gross) –10



3050 Unpaid obligations, end of year 3 3
Uncollected payments:
3060 Uncollected pymts, Fed sources, brought forward, Oct 1 –14 –14 –14



3090 Uncollected pymts, Fed sources, end of year –14 –14 –14
Memorandum (non-add) entries:
3100 Obligated balance, start of year –14 –14 –11
3200 Obligated balance, end of year –14 –11 –11

Financing authority and disbursements, net:
Mandatory:
4090 Financing authority, gross 15 13 9
Financing disbursements:
4110 Financing disbursements, gross 10
Offsets against gross financing authority and disbursements:
Offsetting collections (collected) from:
4120 Federal Sources: Payments from Program Account –11 –12 –5
4122 Interest on uninvested funds –4 –1 –4



4130 Offsets against gross financing auth and disbursements (total) –15 –13 –9
4170 Financing disbursements, net (mandatory) –5 –13 –9
4190 Financing disbursements, net (total) –5 –13 –9

Status of Guaranteed Loans (in millions of dollars)


Identification code 86–4096–0–3–451 2012 actual 2013 CR 2014 est.

Position with respect to appropriations act limitation on commitments:
2111 Limitation on guaranteed loans made by private lenders 240 240 500
2121 Limitation available from carry-forward 125 124
2142 Uncommitted loan guarantee limitation –34
2143 Uncommitted limitation carried forward –124



2150 Total guaranteed loan commitments 207 364 500
2199 Guaranteed amount of guaranteed loan commitments 206 364 500

Cumulative balance of guaranteed loans outstanding:
2210 Outstanding, start of year 2,079 2,148 2,108
2231 Disbursements of new guaranteed loans 175 210 210
2251 Repayments and prepayments –212 –250 –250
2264 Adjustments: Other adjustments, net 106



2290 Outstanding, end of year 2,148 2,108 2,068

Memorandum:
2299 Guaranteed amount of guaranteed loans outstanding, end of year 2,148 1,999 1,999

As required by the Federal Credit Reform Act of 1990, this non-budgetary account records all cash flows to and from the Government resulting from loan guarantees committed in 1992 and beyond (including modifications of loan guarantees that resulted from commitments in any year). The amounts in this account are a means of financing and are not included in the budget totals. As required by the Federal Credit Reform Act of 1990, no administrative expenses can be recorded in the financing account.

Balance Sheet (in millions of dollars)


Identification code 86–4096–0–3–451 2011 actual 2012 actual

ASSETS:
1101 Federal assets: Fund balances with Treasury 95 96


1999 Total assets 95 96
LIABILITIES:
2204 Non-Federal liabilities: Liabilities for loan guarantees 95 96


4999 Total liabilities and net position 95 96

Community Development Loan Guarantees Liquidating Account

Program and Financing (in millions of dollars)


Identification code 86–4097–0–3–451 2012 actual 2013 CR 2014 est.

Change in obligated balance:
Uncollected payments:
3060 Uncollected pymts, Fed sources, brought forward, Oct 1 –3 –3 –3



3090 Uncollected pymts, Fed sources, end of year –3 –3 –3
Memorandum (non-add) entries:
3100 Obligated balance, start of year –3 –3 –3
3200 Obligated balance, end of year –3 –3 –3

Status of Guaranteed Loans (in millions of dollars)


Identification code 86–4097–0–3–451 2012 actual 2013 CR 2014 est.

Cumulative balance of guaranteed loans outstanding:
2210 Outstanding, start of year 10 5
2251 Repayments and prepayments –5 –5



2290 Outstanding, end of year 5

Memorandum:
2299 Guaranteed amount of guaranteed loans outstanding, end of year 5

As required by the Federal Credit Reform Act of 1990, this liquidating account records all cash flows to and from the Government resulting from FFB direct loans for which loan guarantees were committed prior to 1992. This account is shown on a cash basis.

Balance Sheet (in millions of dollars)


Identification code 86–4097–0–3–451 2011 actual 2012 actual

ASSETS:
Federal assets:
1101 Fund balances with Treasury 3 3
Investments in US securities:
1106 Receivables, net 3 3


1999 Total assets 6 6

Housing Programs

Federal Funds

Housing for the Elderly

For amendments to capital advance contracts for housing for the elderly, as authorized by section 202 of the Housing Act of 1959, as amended, and for project rental assistance for the elderly under section 202(c)(2) of such Act, including amendments to contracts for such assistance and renewal of expiring contracts for such assistance for up to a 1-year term, and for senior preservation rental assistance contracts, as authorized by section 811(e) of the American Housing and Economic Opportunity Act of 2000, as amended, and for supportive services associated with the housing, $400,000,000 to remain available until September 30, 2017: Provided, That of the amount provided under this heading, up to $70,000,000 shall be for service coordinators and the continuation of existing congregate service grants for residents of assisted housing projects: Provided further, That amounts under this heading shall be available for Real Estate Assessment Center inspections and inspection-related activities associated with section 202 projects: Provided further, That the Secretary may waive the provisions of section 202 governing the terms and conditions of project rental assistance, except that the initial contract term for such assistance shall not exceed 5 years in duration: Provided further, That upon the request of the Secretary of Housing and Urban Development, project funds that are held in residual receipts accounts for any project subject to a section 202 project rental assistance contract and that upon termination of such contract are in excess of an amount to be determined by the Secretary shall be remitted to the Department and deposited in this account, to be available until expended: Provided further, That amounts deposited in this account pursuant to the previous proviso shall be available in addition to the amounts otherwise provided by this heading for the purposes authorized under this heading and, together with such other funds, may be used by the Secretary for demonstration programs to test housing with services models for the elderly: Provided further, That unobligated balances, including recaptures and carryover, remaining from funds transferred to or appropriated under this heading may be used for the current purposes authorized under this heading, notwithstanding the purposes for which such funds were originally appropriated.

Note.—A full-year 2013 appropriation for this account was not enacted at the time the budget was prepared; therefore, the budget assumes this account is operating under the Continuing Appropriations Resolution, 2013 (P.L. 112–175). The amounts included for 2013 reflect the annualized level provided by the continuing resolution.

Program and Financing (in millions of dollars)


Identification code 86–0320–0–1–604 2012 actual 2013 CR 2014 est.

Obligations by program activity:
0001 Construction and Expansion 654 29 31
0002 PRAC Renewal/Amendment 228 285 310
0003 Service Coordinators/Congregate Services 127 81 70
0004 Conversion to Assisted Living Facilities 24 26 22
0005 Pre-Construction Demonstration 21
0006 Senior Preservation Rental Assistance Contracts 16
0007 Technical Assistance 2



0900 Total new obligations (object class 41.0) 1,056 421 449

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 865 183 139
1021 Recoveries of prior year unpaid obligations 7



1050 Unobligated balance (total) 872 183 139
Budget authority:
Appropriations, discretionary:
1100 Appropriation 375 377 400
1120 Appropriations transferred to other accts [86–0402] –2



1160 Appropriation, discretionary (total) 375 377 398
Spending authority from offsetting collections, discretionary:
1700 Collected 8 28



1750 Spending auth from offsetting collections, disc (total) 8 28
1900 Budget authority (total) 383 377 426
1930 Total budgetary resources available 1,255 560 565
Memorandum (non-add) entries:
1940 Unobligated balance expiring –16
1941 Unexpired unobligated balance, end of year 183 139 116

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 2,638 2,806 2,330
3010 Obligations incurred, unexpired accounts 1,056 421 449
3020 Outlays (gross) –870 –897 –880
3040 Recoveries of prior year unpaid obligations, unexpired –7
3041 Recoveries of prior year unpaid obligations, expired –11



3050 Unpaid obligations, end of year 2,806 2,330 1,899
Memorandum (non-add) entries:
3100 Obligated balance, start of year 2,638 2,806 2,330
3200 Obligated balance, end of year 2,806 2,330 1,899

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 383 377 426
Outlays, gross:
4010 Outlays from new discretionary authority 71 117 126
4011 Outlays from discretionary balances 799 780 754



4020 Outlays, gross (total) 870 897 880
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4033 Non-Federal sources –8 –28
4180 Budget authority, net (total) 375 377 398
4190 Outlays, net (total) 862 897 852

Since 1959, the Housing for the Elderly program (Section 202) has supported both the construction and operation of supportive housing for very low-income elderly households, including frail elderly. The Budget provides $310 million to renew and amend operating subsidy contracts for existing Section 202 housing, $70 million to support service coordinators who work on-site to help residents obtain critical services, such as benefit counseling, and $20 million to support a demonstration program to test and implement housing with services models for seniors.

As proposed in the 2013 Budget, the Administration continues to support legislative and administrative changes to permit a new generation of Section 202 housing with supportive services targeted at populations most in need of affordable housing. Building off emerging research on best practices, HUD will provide Section 202 operating assistance to States to fund innovative supportive housing projects in line with state housing and health care priorities. Funded projects—new or existing multifamily housing complexes—must be fully leveraged with other capital resources, such as Low-Income Housing Tax Credits, HOME funds, and other Federal, state, and local programs, and only require Section 202 for operating assistance. This will result in long-term strategies to increase the supply of affordable permanent housing units with structured access to appropriate services, but also enables the program to better facilitate cost savings to state and federal health care budgets through reduced institutionalization and emergency room utilization.

In addition, the Budget provides HUD with new authorities to make better use of existing resources. In 2014, HUD will review residual receipts collections, recaptures, and other unobligated balances to increase the amount available for awards to support housing with services models that serve as a platform for seniors to live independently and age in place.

HOUSING FOR THE ELDERLY


2012 actual 2013 est. 2014 est.

Units eligible for payment 115,112 119,698 125,661

Housing for Persons With Disabilities

For amendments to capital advance contracts for supportive housing for persons with disabilities, as authorized by section 811 of the Cranston-Gonzalez National Affordable Housing Act (42 U.S.C. 8013) , for project rental assistance for supportive housing for persons with disabilities under section 811(d)(2) of such Act and for project assistance contracts pursuant to section 202(h) of the Housing Act of 1959 (Public Law 86–372; 73 Stat. 667), including amendments to contracts for such assistance and renewal of expiring contracts for such assistance for up to a 1-year term, for project rental assistance to State housing finance agencies and other appropriate entities as authorized under section 811(b)(3) of the Cranston-Gonzalez National Housing Act, and for supportive services associated with the housing for persons with disabilities as authorized by section 811(b)(1) of such Act, $126,000,000 to remain available until September 30, 2017: Provided, That amounts made available under this heading shall be available for Real Estate Assessment Center inspections and inspection-related activities associated with section 811 Projects. Provided further, That, notwithstanding any other provision of law, upon the request of the Secretary of Housing and Urban Development, project funds that are held in residual receipts accounts for any project subject to a section 811 project rental assistance contract and that upon termination of such contract are in excess of an amount to be determined by the Secretary shall be remitted to the Department and deposited in this account, to be available until expended: Provided further, That amounts deposited in this account pursuant to the previous proviso shall be available in addition to the amounts otherwise provided by this heading for the purposes authorized under this heading: Provided further, That unobligated balances, including recaptures and carryover, remaining from funds transferred to or appropriated under this heading may be used for the current purposes authorized under this heading notwithstanding the purposes for which such funds originally were appropriated.

Note.—A full-year 2013 appropriation for this account was not enacted at the time the budget was prepared; therefore, the budget assumes this account is operating under the Continuing Appropriations Resolution, 2013 (P.L. 112–175). The amounts included for 2013 reflect the annualized level provided by the continuing resolution.

Program and Financing (in millions of dollars)


Identification code 86–0237–0–1–604 2012 actual 2013 CR 2014 est.

Obligations by program activity:
0001 Construction and Expansion 161 10
0002 PRAC Renewals/Amendments 81 96 106
0003 Mainstream Voucher Renewals 1 1
0004 State Housing Project Rental Assistance 101 122



0900 Total new obligations (object class 41.0) 243 208 228

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 257 183 141
1021 Recoveries of prior year unpaid obligations 5



1050 Unobligated balance (total) 262 183 141
Budget authority:
Appropriations, discretionary:
1100 Appropriation 165 166 126
1120 Appropriations transferred to other accts [86–0402] –1



1160 Appropriation, discretionary (total) 165 166 125
Spending authority from offsetting collections, discretionary:
1700 Collected 12



1750 Spending auth from offsetting collections, disc (total) 12
1900 Budget authority (total) 165 166 137
1930 Total budgetary resources available 427 349 278
Memorandum (non-add) entries:
1940 Unobligated balance expiring –1
1941 Unexpired unobligated balance, end of year 183 141 50

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 656 664 601
3010 Obligations incurred, unexpired accounts 243 208 228
3020 Outlays (gross) –226 –271 –202
3040 Recoveries of prior year unpaid obligations, unexpired –5
3041 Recoveries of prior year unpaid obligations, expired –4



3050 Unpaid obligations, end of year 664 601 627
Memorandum (non-add) entries:
3100 Obligated balance, start of year 656 664 601
3200 Obligated balance, end of year 664 601 627

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 165 166 137
Outlays, gross:
4010 Outlays from new discretionary authority 22 35 17
4011 Outlays from discretionary balances 204 236 185



4020 Outlays, gross (total) 226 271 202
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4033 Non-Federal sources –12
4180 Budget authority, net (total) 165 166 125
4190 Outlays, net (total) 226 271 190

Since 1992, the Housing for Persons with Disabilities program (Section 811) has supported the development of supportive housing for very low-income people with disabilities. The Budget provides $106 million to renew and amend operating subsidy contracts for existing Section 811 housing, and $20 million for new Project Rental Assistance (PRA) awards.

In 2014, HUD will continue to fund supportive housing projects in line with state housing and health care priorities through the Section 811 PRA program. PRA projects must be fully leveraged with other capital resources, such as Low-Income Housing Tax Credits, HOME funds, and other Federal, state, and local programs, and only require Section 811 for operating assistance. Section 811 allows for States to better leverage community-based care, to affirmatively address legal requirements for integrated housing, and to provide a platform for disabled persons to live independently in integrated community-based settings. Supportive housing can achieve significant savings for state and federal health care budgets through reduced institutionalization and emergency room utilization.

The inaugural competition of the Section 811 PRA program in 2012 provided funding to thirteen states to support 3,530 units specifically set-aside for persons with disabilities with appropriate community-based supports and services. The majority of state PRA programs are targeting persons with disabilities in institutions or at risk of institutionalization consistent with each State's Olmstead agreements or Olmstead plan.

The Budget also provides HUD with new authorities to make better use of existing resources. In 2014, HUD will review residual receipts collections, recaptures, and other unobligated balances to redirect available funds to make new additional investments in PRA awards.

HOUSING FOR PERSONS WITH DISABILITIES


2012 actual 2013 est. 2014 est.

Units eligible for payment 32,187 33,469 36,040

Housing Counseling Assistance

For contracts, grants, and other assistance excluding loans, as authorized under section 106 of the Housing and Urban Development Act of 1968, as amended, $55,000,000, including up to $4,500,000 for administrative contract services, to remain available until September 30, 2015: Provided, That funds shall be used for providing counseling and advice to tenants and homeowners, both current and prospective, with respect to property maintenance, financial management/literacy, and such other matters as may be appropriate to assist them in improving their housing conditions, meeting their financial needs, and fulfilling the responsibilities of tenancy or homeownership; for program administration; and for housing counselor training.

Note.—A full-year 2013 appropriation for this account was not enacted at the time the budget was prepared; therefore, the budget assumes this account is operating under the Continuing Appropriations Resolution, 2013 (P.L. 112–175). The amounts included for 2013 reflect the annualized level provided by the continuing resolution.

Program and Financing (in millions of dollars)


Identification code 86–0156–0–1–604 2012 actual 2013 CR 2014 est.

Obligations by program activity:
0001 Housing Counseling Assistance 43 42 50
0002 Administrative Contract Services 2 3 5



0900 Total new obligations 45 45 55

Budgetary Resources:
Budget authority:
Appropriations, discretionary:
1100 Appropriation 45 45 55



1160 Appropriation, discretionary (total) 45 45 55
1930 Total budgetary resources available 45 45 55

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 46 39 37
3010 Obligations incurred, unexpired accounts 45 45 55
3020 Outlays (gross) –51 –47 –49
3041 Recoveries of prior year unpaid obligations, expired –1



3050 Unpaid obligations, end of year 39 37 43
Memorandum (non-add) entries:
3100 Obligated balance, start of year 46 39 37
3200 Obligated balance, end of year 39 37 43

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 45 45 55
Outlays, gross:
4010 Outlays from new discretionary authority 15 15 19
4011 Outlays from discretionary balances 36 32 30



4020 Outlays, gross (total) 51 47 49
4180 Budget authority, net (total) 45 45 55
4190 Outlays, net (total) 51 47 49

The Housing Counseling Assistance Program provides comprehensive housing counseling services to eligible homeowners and tenants through grants to non-profit intermediaries, state governmental entities, and other agencies with local to national presences. Eligible counseling activities include pre- and post-purchase education, personal financial management, reverse mortgage product education, foreclosure prevention/mitigation, and rental counseling. The Housing Counseling Assistance Program supports the delivery of a wide variety of housing counseling services to homebuyers, homeowners, low- to moderate-income renters, and elderly citizens including the Administration's current foreclosure mitigation efforts. The primary objectives of the Housing Counseling program are to expand homeownership opportunities, improve access to affordable housing, prevent foreclosure, increase financial literacy, and aid in HUD's commitment to bridging the minority homeownership gap. Additionally, the program supports a significant number of individuals with FHA-insured loans, which helps maintain the financial soundness of the FHA insurance funds. The 2014 Budget includes $55 million for this program, the bulk of which funds grants for the direct provision of counseling.

Object Classification (in millions of dollars)


Identification code 86–0156–0–1–604 2012 actual 2013 CR 2014 est.

Direct obligations:
25.2 Other services from non-Federal sources 3 5
41.0 Grants, subsidies, and contributions 45 42 50



99.9 Total new obligations 45 45 55

Energy Innovation Fund

Program and Financing (in millions of dollars)


Identification code 86–0401–0–1–272 2012 actual 2013 CR 2014 est.

Obligations by program activity:
0001 Energy Efficient Mortgage Innovation Pilot 6 6
0002 Multifamily Energy Pilot 23 2



0900 Total new obligations (object class 41.0) 29 8

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 37 8
1930 Total budgetary resources available 37 8
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 8

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 12 40 34
3010 Obligations incurred, unexpired accounts 29 8
3020 Outlays (gross) –1 –14 –19



3050 Unpaid obligations, end of year 40 34 15
Memorandum (non-add) entries:
3100 Obligated balance, start of year 12 40 34
3200 Obligated balance, end of year 40 34 15

Budget authority and outlays, net:
Discretionary:
Outlays, gross:
4011 Outlays from discretionary balances 1 14 19
4190 Outlays, net (total) 1 14 19

The objective of the Energy Innovation Fund is to provide support for promising local initiatives that can be replicated across the nation and to stimulate and enhance private investment in cost-saving energy efficiency retrofits of existing housing, through improved use of FHA single family and multifamily mortgage products. In, 2010, $50 million was appropriated for this initiative.

The single family Energy Efficient Mortgage Innovation Pilot provided up to $25 million in incentive payments to support the new FHA PowerSaver loan guarantee program. PowerSaver is a partnership between HUD and 18 lenders that extends the benefits of Title I Energy Efficient Property Improvement loans to more homeowners and enabled them to borrow up to $25,000 for terms as long as 20 years to make energy improvements of their choice, based on a list of proven measures developed by FHA and the U.S. Department of Energy (DOE).

The Multifamily Energy Innovation Fund Pilot provided $25 million for financing and applied research demonstrations. The demonstrations will identify solutions to the primary and longstanding challenges to implementing energy efficiency and renewable energy improvements in existing affordable multifamily properties and leverage private capital and additional public funding to demonstrate proof of concept of specific models.

All funding for the program expires at the end of 2013. This schedule reflects the expenditure of prior year balances.

Emergency Homeowners' Relief Fund

Program and Financing (in millions of dollars)


Identification code 86–0407–0–1–371 2012 actual 2013 CR 2014 est.

Obligations by program activity:
Credit program obligations:
0701 Direct loan subsidy 18 22



0900 Total new obligations (object class 41.0) 18 22

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 472 185 163
1021 Recoveries of prior year unpaid obligations 106
1029 Other balances withdrawn –375



1050 Unobligated balance (total) 203 185 163
1930 Total budgetary resources available 203 185 163
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 185 163 163

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 492 215 107
3010 Obligations incurred, unexpired accounts 18 22
3020 Outlays (gross) –189 –130 –69
3040 Recoveries of prior year unpaid obligations, unexpired –106



3050 Unpaid obligations, end of year 215 107 38
Memorandum (non-add) entries:
3100 Obligated balance, start of year 492 215 107
3200 Obligated balance, end of year 215 107 38

Budget authority and outlays, net:
Mandatory:
Outlays, gross:
4101 Outlays from mandatory balances 189 130 69
4190 Outlays, net (total) 189 130 69

Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)


Identification code 86–0407–0–1–371 2012 actual 2013 CR 2014 est.

Direct loan levels supportable by subsidy budget authority:
115001 Emergency Homeowners' Relief 19 23



115999 Total direct loan levels 19 23
Direct loan subsidy (in percent):
132001 Emergency Homeowners' Relief 97.72 97.71 0.00



132999 Weighted average subsidy rate 97.72 97.71 0.00
Direct loan subsidy budget authority:
133001 Emergency Homeowners' Relief 18 22



133999 Total subsidy budget authority 18 22
Direct loan subsidy outlays:
134001 Emergency Homeowners' Relief 67 32 18



134999 Total subsidy outlays 67 32 18

The Emergency Homeowners' Loan Program (EHLP), authorized by the Dodd-Frank Wall Street Reform and Consumer Protection Act (P.L. 111–203), provided emergency mortgage assistance to homeowners who were unemployed or underemployed due to economic or medical conditions. EHLP offered an eligible homeowner a declining balance, deferred payment, non-recourse, zero interest subordinate loan of up to $50,000 to assist with paying all arrearages on the homeowner's first mortgage and up to 24 consecutive months of first mortgage assistance payments. EHLP provided assistance to homeowners in Puerto Rico and the 32 states not assisted by the Treasury Department's Innovation Fund for Hardest Hit Housing Markets program. States with existing programs that provided substantially similar assistance to homeowners received grants to provide EHLP assistance through such programs. The program became effective October 1, 2010 and, per statute, stopped accepting applications on September 30, 2011. As required by the Federal Credit Reform Act of 1990, this account records the administrative expenses for EHLP, as well as the subsidy costs, associated with the direct loans obligated. The subsidy amounts are estimated on a present value basis; the administrative expenses are estimated on a cash basis.

Emergency Homeowners' Relief Financing Account

Program and Financing (in millions of dollars)


Identification code 86–4357–0–3–371 2012 actual 2013 CR 2014 est.

Obligations by program activity:
Credit program obligations:
0710 Direct loan obligations 19 23



0900 Total new obligations 19 23

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 18 1 11
1020 Adjustment of unobligated bal brought forward, Oct 1 –18
1021 Recoveries of prior year unpaid obligations 109



1050 Unobligated balance (total) 109 1 11
Financing authority:
Spending authority from offsetting collections, mandatory:
1800 Positive Subsidy 67 32 18
1800 Repayments 1 1
1801 Change in uncollected payments, Federal sources –156



1850 Spending auth from offsetting collections, mand (total) –89 33 19
1900 Financing authority (total) –89 33 19
1930 Total budgetary resources available 20 34 30
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 1 11 30

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 210 52 41
3010 Obligations incurred, unexpired accounts 19 23
3020 Financing disbursements (gross) –68 –34 –19
3040 Recoveries of prior year unpaid obligations, unexpired –109



3050 Unpaid obligations, end of year 52 41 22
Uncollected payments:
3060 Uncollected pymts, Fed sources, brought forward, Oct 1 –205 –49 –49
3070 Change in uncollected pymts, Fed sources, unexpired 156



3090 Uncollected pymts, Fed sources, end of year –49 –49 –49
Memorandum (non-add) entries:
3100 Obligated balance, start of year 5 3 –8
3200 Obligated balance, end of year 3 –8 –27

Financing authority and disbursements, net:
Mandatory:
4090 Financing authority, gross –89 33 19
Financing disbursements:
4110 Financing disbursements, gross 68 34 19
Offsets against gross financing authority and disbursements:
Offsetting collections (collected) from:
4120 Federal sources –67 –32 –18
4123 Repayments of principal, net –1 –1



4130 Offsets against gross financing auth and disbursements (total) –67 –33 –19
Additional offsets against financing authority only (total):
4140 Change in uncollected pymts, Fed sources, unexpired 156
4170 Financing disbursements, net (mandatory) 1 1
4190 Financing disbursements, net (total) 1 1

Status of Direct Loans (in millions of dollars)


Identification code 86–4357–0–3–371 2012 actual 2013 CR 2014 est.

Position with respect to appropriations act limitation on obligations:
1121 Limitation available from carry-forward 790 771 748
1143 Unobligated limitation carried forward (P.L. xx) (-) –771 –748 –748



1150 Total direct loan obligations 19 23

Cumulative balance of direct loans outstanding:
1210 Outstanding, start of year 68 77
1231 Disbursements: Direct loan disbursements 68 34 19
1251 Repayments: Repayments and prepayments –1 –1
1263 Write-offs for default: Direct loans –24 –20



1290 Outstanding, end of year 68 77 75

This non-budgetary account records all cash flows to and from the Government resulting from the loan guarantees (including modifications of loan guarantees that resulted from obligations in any year). The amounts in this account are a means of financing and are not included in the budget totals. No administrative expenses can be recorded in the financing account.

Balance Sheet (in millions of dollars)


Identification code 86–4357–0–3–371 2011 actual 2012 actual

ASSETS:
1101 Federal assets: Fund balances with Treasury 23 4
Net value of assets related to post-1991 direct loans receivable:
1401 Direct loans receivable, gross 68
1405 Allowance for subsidy cost (-) –68


1499 Net present value of assets related to direct loans


1999 Total assets 23 4
LIABILITIES:
2103 Federal liabilities: Debt payable to Treasury 23 4


4999 Total upward reestimate subsidy BA [86–0407] 23 4

Other Assisted Housing Programs

Rental Housing Assistance

For amendments to contracts under section 101 of the Housing and Urban Development Act of 1965 (12 U.S.C. 1701s) and section 236(f)(2) of the National Housing Act (12 U.S.C. 1715z–1) in State-aided, noninsured rental housing projects, $21,000,000, to remain available until expended: Provided, That such amount, together with unobligated balances from recaptured amounts appropriated prior to fiscal year 2006 from terminated contracts under such sections of law, and any unobligated balances, including recaptures and carryover, remaining from funds appropriated under this heading after fiscal year 2005, shall also be available for extensions of up to one year for expiring contracts under such sections of law.

Rent Supplement

(Cancellation)

Of the amounts recaptured from terminated contracts under section 101 of the Housing and Urban Development Act of 1965 (12 U.S.C. 1701s) and section 236 of the National Housing Act (12 U.S.C. 1715z–1) $3,500,000 are hereby permanently cancelled: Provided, That no amounts may be cancelled from amounts that were designated by the Congress as an emergency requirement pursuant to the Concurrent Resolution on the Budget or the Balanced Budget and Emergency Deficit Control Act of 1985, as amended.

Note.—A full-year 2013 appropriation for this account was not enacted at the time the budget was prepared; therefore, the budget assumes this account is operating under the Continuing Appropriations Resolution, 2013 (P.L. 112–175). The amounts included for 2013 reflect the annualized level provided by the continuing resolution.

Program and Financing (in millions of dollars)


Identification code 86–0206–0–1–999 2012 actual 2013 CR 2014 est.

Obligations by program activity:
0001 Rent supplement 12 16 19
0002 Homeownership and rental housing assistance (Sections 235 and 236) 20 21 25



0900 Total new obligations (object class 41.0) 32 37 44

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 327 70 11
1021 Recoveries of prior year unpaid obligations 112 27
1025 Unobligated balance of contract authority withdrawn –99
1029 Other balances withdrawn –8



1050 Unobligated balance (total) 332 70 38
Budget authority:
Appropriations, discretionary:
1100 Appropriation 1 1 21
1131 Unobligated balance permanently reduced –232 –23 –4



1160 Appropriation, discretionary (total) –231 –22 17
Appropriations, mandatory:
1200 Appropriation 444 444 444
1238 Appropriations applied to liquidate contract authority –444 –444 –444
Spending authority from offsetting collections, discretionary:
1700 Collected 1



1750 Spending auth from offsetting collections, disc (total) 1
1900 Budget authority (total) –230 –22 17
1930 Total budgetary resources available 102 48 55
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 70 11 11

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 2,487 1,961 1,619
3010 Obligations incurred, unexpired accounts 32 37 44
3020 Outlays (gross) –446 –379 –367
3040 Recoveries of prior year unpaid obligations, unexpired –112 –27



3050 Unpaid obligations, end of year 1,961 1,619 1,269
Memorandum (non-add) entries:
3100 Obligated balance, start of year 2,487 1,961 1,619
3200 Obligated balance, end of year 1,961 1,619 1,269

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross –230 –22 17
Outlays, gross:
4010 Outlays from new discretionary authority 1 1 10
4011 Outlays from discretionary balances 445 378 357



4020 Outlays, gross (total) 446 379 367
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4033 Non-Federal sources –1
4180 Budget authority, net (total) –231 –22 17
4190 Outlays, net (total) 445 379 367

Memorandum (non-add) entries:
5052 Obligated balance, SOY: Contract authority 1,415 872 428
5053 Obligated balance, EOY: Contract authority 872 428
5055 Fund balance in excess of liquidating requirements, EOY: Contract authority 16

The Other Assisted Housing Account contains the programs listed below:

Rent Supplement._Rent Supplement assistance payments will continue to be made on behalf of qualified low-income tenants in approximately 6,120 units that have not converted to Section 8.

Section 235._The Housing and Urban-Rural Recovery Act of 1983 (P.L. 98–181) authorized a restructured Section 235 (Homeownership Assistance) program that provided homeowners a 10-year interest reduction subsidy on their mortgages.

Section 236._The Housing and Urban Development Act of 1968, as amended, authorizes the Section 236 Rental Housing Assistance Program, which subsidizes the monthly mortgage payment that an owner of a rental or cooperative project is required to make. This interest subsidy reduces rents for lower income tenants. Some Section 236 properties (approximately 11,300 units) also have rental assistance contracts with HUD through the Rental Assistance Payment (RAP) program.
When Rent Supplement and RAP contracts are terminated due to prepayments, remaining balances are recovered. HUD has identified $3.5 million in Section 236 Interest Reduction Payment recaptures that may be cancelled in 2014 without impacting current contract amendment and extension activities.
As an increasing number of Rent Supplement and RAP rental assistance contracts reach the ends of their terms, the funding needs of the account have shifted from amendments to short-term extensions that help preserve this affordable housing stock. In order to meet the growing need for extensions, the Budget proposes appropriations language to allow recaptured funds to be used for these purposes. In addition, the Rental Assistance Demonstration (RAD) enables owners of properties with expiring Rent Supplement or RAP contracts to convert their assistance to long-term, project-based voucher contracts. More information on this Demonstration is available under the RAD heading.
The table below provides a summary of outlays by program.

SUMMARY OF OUTLAYS (in millions of dollars)


2012 actual 2013 est. 2014 est.

Total 446 379 367
Rent supplement 43 38 33
Homeownership assistance (Section 235) 1 1 1
Rental housing assistance (Section 236) 400 339 332
College housing grants 1 1 1

Homeownership and Opportunity for People Everywhere Grants (HOPE Grants)

Program and Financing (in millions of dollars)


Identification code 86–0196–0–1–604 2012 actual 2013 CR 2014 est.

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 1 1
1029 Other balances withdrawn –1



1050 Unobligated balance (total) 1
1930 Total budgetary resources available 1
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 1

The Homeownership and Opportunity for People Everywhere Program, funded from 1992–1995, provided affordable homeownership opportunities for low-income families. Units were converted to homeownership from public and Indian housing properties in HOPE I, from FHA-insured and Government-held multifamily properties in HOPE II, and from Government-owned or -held single family properties in HOPE III. HOPE Grants were used for property acquisition, rehabilitation, mortgage subsidies, security measures, and technical assistance. In addition, grants have been devoted to counseling and training of residents, and other activities intended to help them become economically self-sufficient homeowners.

Payment to Manufactured Housing Fees Trust Fund

For necessary expenses as authorized by the National Manufactured Housing Construction and Safety Standards Act of 1974 (42 U.S.C. 5401 et seq.), up to $7,530,000, to remain available until expended, of which $6,530,000 is to be derived from the Manufactured Housing Fees Trust Fund: Provided, That not to exceed the total amount appropriated under this heading shall be available from the general fund of the Treasury to the extent necessary to incur obligations and make expenditures pending the receipt of collections to the Fund pursuant to section 620 of such Act: Provided further, That the amount made available under this heading from the general fund shall be reduced as such collections are received during fiscal year 2014 so as to result in a final fiscal year 2014 appropriation from the general fund estimated at not more than $1,000,000 and fees pursuant to such section 620 shall be modified as necessary to ensure such a final fiscal year 2014 appropriation: Provided further, That for the dispute resolution and installation programs, the Secretary of Housing and Urban Development may assess and collect fees from any program participant: Provided further, That such collections shall be deposited into the Fund, and the Secretary, as provided herein, may use such collections, as well as fees collected under section 620, for necessary expenses of such Act: Provided further, That, notwithstanding the requirements of section 620 of such Act, the Secretary may carry out responsibilities of the Secretary under such Act through the use of approved service providers that are paid directly by the recipients of their services.

Note.—A full-year 2013 appropriation for this account was not enacted at the time the budget was prepared; therefore, the budget assumes this account is operating under the Continuing Appropriations Resolution, 2013 (P.L. 112–175). The amounts included for 2013 reflect the annualized level provided by the continuing resolution.

Program and Financing (in millions of dollars)


Identification code 86–0234–0–1–376 2012 actual 2013 CR 2014 est.

Obligations by program activity:
0001 Payment to Trust Fund 3 3 1



0900 Total new obligations (object class 94.0) 3 3 1

Budgetary Resources:
Budget authority:
Appropriations, discretionary:
1100 Appropriation 3 3 1



1160 Appropriation, discretionary (total) 3 3 1
1930 Total budgetary resources available 3 3 1

Change in obligated balance:
Unpaid obligations:
3010 Obligations incurred, unexpired accounts 3 3 1
3020 Outlays (gross) –3 –3 –1

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 3 3 1
Outlays, gross:
4010 Outlays from new discretionary authority 3 3 1
4180 Budget authority, net (total) 3 3 1
4190 Outlays, net (total) 3 3 1

The Budget provides a total of $7.53 million, including $6.53 million in estimated fees, to support activities authorized by the National Manufactured Housing Construction and Safety Standards Act of 1974, as amended, including the development and enforcement of manufactured housing construction standards, as well as the development and implementation of new installation and dispute resolution programs required by the Manufactured Housing Improvement Act of 2000.

Green Retrofit Program for Multifamily Housing, Recovery Act

Program and Financing (in millions of dollars)


Identification code 86–0306–0–1–604 2012 actual 2013 CR 2014 est.

Obligations by program activity:
Credit program obligations:
0705 Reestimates of direct loan subsidy 1



0900 Total new obligations (object class 99.5) 1

Budgetary Resources:
Budget authority:
Appropriations, mandatory:
1200 Appropriation 1



1260 Appropriations, mandatory (total) 1
1900 Budget authority (total) 1
1930 Total budgetary resources available 1

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 32 4
3010 Obligations incurred, unexpired accounts 1
3020 Outlays (gross) –25 –1
3041 Recoveries of prior year unpaid obligations, expired –3 –4



3050 Unpaid obligations, end of year 4
Memorandum (non-add) entries:
3100 Obligated balance, start of year 32 4
3200 Obligated balance, end of year 4

Budget authority and outlays, net:
Discretionary:
Outlays, gross:
4011 Outlays from discretionary balances 25
Mandatory:
4090 Budget authority, gross 1
Outlays, gross:
4100 Outlays from new mandatory authority 1
4180 Budget authority, net (total) 1
4190 Outlays, net (total) 25 1

Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)


Identification code 86–0306–0–1–604 2012 actual 2013 CR 2014 est.

Direct loan upward reestimates:
135001 Energy Retrofit Loans 1



135999 Total upward reestimate budget authority 1
Direct loan downward reestimates:
137001 Energy Retrofit Loans –1



137999 Total downward reestimate budget authority –1

The Green Retrofit Program (GRP) offered grants and loans to owners of eligible HUD-assisted multifamily housing properties to fund green retrofits, which are intended to reduce ongoing utility consumption, benefit resident health, and benefit the environment. This program was funded under Title XII of the American Recovery and Reinvestment Act of 2009 (P.L. 111–5). This account includes funds for grants, direct loan credit subsidy, and administrative expenses. All loan cash flows are recorded in the corresponding financing account (86–4589).

Green Retrofit Program for Multifamily Housing Financing Account

Program and Financing (in millions of dollars)


Identification code 86–4589–0–3–604 2012 actual 2013 CR 2014 est.

Obligations by program activity:
Credit program obligations:
0713 Payment of interest to Treasury 1
0743 Interest on downward reestimates 1



0900 Total new obligations 1 1

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 3 3
Financing authority:
Spending authority from offsetting collections, mandatory:
1800 Collected 4 1



1850 Spending auth from offsetting collections, mand (total) 4 1
1900 Financing authority (total) 4 1
1930 Total budgetary resources available 4 4 3
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 3 3 3

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 1 2
3010 Obligations incurred, unexpired accounts 1 1



3050 Unpaid obligations, end of year 1 2 2
Memorandum (non-add) entries:
3100 Obligated balance, start of year 1 2
3200 Obligated balance, end of year 1 2 2

Financing authority and disbursements, net:
Mandatory:
4090 Financing authority, gross 4 1
Offsets against gross financing authority and disbursements:
Offsetting collections (collected) from:
4120 Federal sources –1
4123 Non-Federal sources –4



4130 Offsets against gross financing auth and disbursements (total) –4 –1
4170 Financing disbursements, net (mandatory) –4 –1
4190 Financing disbursements, net (total) –4 –1

Status of Direct Loans (in millions of dollars)


Identification code 86–4589–0–3–604 2012 actual 2013 CR 2014 est.

Cumulative balance of direct loans outstanding:
1210 Outstanding, start of year 83 80 80
1251 Repayments: Repayments and prepayments –3



1290 Outstanding, end of year 80 80 80

As required by the Federal Credit Reform Act of 1990, this non-budgetary account records all cash flows to and from the Government resulting from direct loans in the Green Retrofit Program, which received one-time funding in the Recovery Act (P.L. 111–5). The program account is displayed under "Green Retrofit Program for Multifamily Housing, Recovery Act" (86–0306).

Balance Sheet (in millions of dollars)


Identification code 86–4589–0–3–604 2011 actual 2012 actual

ASSETS:
1101 Federal assets: Fund balances with Treasury 4
Net value of assets related to post-1991 direct loans receivable:
1401 Direct loans receivable, gross 83 80
1402 Interest receivable 1 1
1405 Allowance for subsidy cost (-) –69 –70


1499 Net present value of assets related to direct loans 15 11


1999 Total assets 15 15
LIABILITIES:
2103 Federal liabilities: Debt 15 15


4999 Total liabilities and net position 15 15

Rental Housing Assistance Fund

Program and Financing (in millions of dollars)


Identification code 86–4041–0–3–604 2012 actual 2013 CR 2014 est.

Obligations by program activity:
0801 Transfer to HUD's Flexible Subsidy Fund 3 4



0900 Total new obligations (object class 94.0) 3 4

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 3 4 3
Budget authority:
Spending authority from offsetting collections, mandatory:
1800 Collected 4 3 3



1850 Spending auth from offsetting collections, mand (total) 4 3 3
1930 Total budgetary resources available 7 7 6
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 4 3 6

Change in obligated balance:
Unpaid obligations:
3010 Obligations incurred, unexpired accounts 3 4
3020 Outlays (gross) –3 –4

Budget authority and outlays, net:
Mandatory:
4090 Budget authority, gross 4 3 3
Outlays, gross:
4101 Outlays from mandatory balances 3 4
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4123 Non-Federal sources –4 –3 –3
4190 Outlays, net (total) –1 1 –3

The Housing and Urban Development Act of 1968 authorized the Secretary to establish a revolving fund into which rental collections in excess of the established basic rents for units in Section 236 subsidized projects would be deposited.

The Housing and Community Development Amendment of 1978 authorized the Secretary, subject to approval in appropriation acts, to transfer excess rent collections received after 1978 to the Troubled Projects Operating Subsidy program, renamed the Flexible Subsidy Fund. Prior to that time, collections were used for paying tax and utility increases in Section 236 projects. The Housing and Community Development Act of 1980 amended the 1978 Act by authorizing the transfer of excess rent collections regardless of when collected.

The Budget proposes appropriation language in the general provisions at the end of this budget chapter to fully eliminate any authorities which mandate the transfer of excess resources from the Rental Housing Assistance Fund to the Flexible Subsidy Fund.

Object Classification (in millions of dollars)


Identification code 86–4041–0–3–604 2012 actual 2013 CR 2014 est.

Reimbursable obligations:
94.0 Financial transfers 3 4
99.0 Reimbursable obligations 3 4

Flexible Subsidy Fund

Program and Financing (in millions of dollars)


Identification code 86–4044–0–3–604 2012 actual 2013 CR 2014 est.

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 201 255 297
Budget authority:
Spending authority from offsetting collections, discretionary:
1700 Collected 54 42 38



1750 Spending auth from offsetting collections, disc (total) 54 42 38
1930 Total budgetary resources available 255 297 335
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 255 297 335

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 54 42 38
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4030 Federal sources –3 –4
4033 Non-Federal sources –51 –38 –38



4040 Offsets against gross budget authority and outlays (total) –54 –42 –38
4080 Outlays, net (discretionary) –54 –42 –38
4190 Outlays, net (total) –54 –42 –38

Status of Direct Loans (in millions of dollars)


Identification code 86–4044–0–3–604 2012 actual 2013 CR 2014 est.

Cumulative balance of direct loans outstanding:
1210 Outstanding, start of year 563 533 508
1251 Repayments: Repayments and prepayments –41 –25 –25
1264 Write-offs for default: Writeoff for default: Other adjustments, net (+ or -) 11



1290 Outstanding, end of year 533 508 483

The Flexible Subsidy Fund assisted financially troubled subsidized projects under certain Federal Housing Administration (FHA) authorities. The subsidies were intended to prevent potential losses to the FHA fund resulting from project insolvency and to preserve these projects as a viable source of housing for low and moderate-income tenants. Priority was given to projects with Federal insurance-in-force and then to those with mortgages that had been assigned to the Department of Housing and Urban Development.

The Budget proposes appropriation language in the general provisions at the end of this budget chapter to fully eliminate any authorities which mandate the transfer of excess resources from the Rental Housing Assistance Fund to the Flexible Subsidy Fund.

Balance Sheet (in millions of dollars)


Identification code 86–4044–0–3–604 2011 actual 2012 actual

ASSETS:
1101 Federal assets: Fund balances with Treasury 201 255
1601 Direct loans, gross 537 508
1602 Interest receivable 105 96
1603 Allowance for estimated uncollectible loans and interest (-) –573 –44


1699 Value of assets related to direct loans 69 560


1999 Total assets 270 815
NET POSITION:
3100 Unexpended appropriations 201 255
3300 Cumulative results of operations 69 560


3999 Total net position 270 815


4999 Total liabilities and net position 270 815

Home Ownership Preservation Equity Fund Program Account

Program and Financing (in millions of dollars)


Identification code 86–0343–0–1–371 2012 actual 2013 CR 2014 est.

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 459 459 10
1023 Unobligated balances applied to repay debt –449



1050 Unobligated balance (total) 459 10 10
1930 Total budgetary resources available 459 10 10
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 459 10 10

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 1 1 1



3050 Unpaid obligations, end of year 1 1 1
Memorandum (non-add) entries:
3100 Obligated balance, start of year 1 1 1
3200 Obligated balance, end of year 1 1 1

The HOPE for Homeowners (H4H) program was created by the Housing and Economic Recovery Act of 2008 (Act) to help homeowners at risk of default and foreclosure refinance into more affordable, sustainable loans. Under the H4H Program, eligible homeowners refinanced their current mortgage loans into a new mortgage insured by FHA. The program ended on September 30, 2011.

As required by the Federal Credit Reform Act of 1990, this account records the administrative expenses for this program, as well as the subsidy costs, associated with the loan guarantees committed.

Home Ownership Preservation Entity Fund Financing Account

Program and Financing (in millions of dollars)


Identification code 86–4353–0–3–371 2012 actual 2013 CR 2014 est.

Obligations by program activity:
Credit program obligations:
0711 Default claim payments on principal 1 2 1
0712 Default claim payments on interest 1 1



0900 Total new obligations 1 3 2

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 19 20 18
Financing authority:
Spending authority from offsetting collections, mandatory:
1800 Collected 2 1 1



1850 Spending auth from offsetting collections, mand (total) 2 1 1
1930 Total budgetary resources available 21 21 19
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 20 18 17

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 1
3010 Obligations incurred, unexpired accounts 1 3 2
3020 Financing disbursements (gross) –1 –2 –2



3050 Unpaid obligations, end of year 1 1
Memorandum (non-add) entries:
3100 Obligated balance, start of year 1
3200 Obligated balance, end of year 1 1

Financing authority and disbursements, net:
Mandatory:
4090 Financing authority, gross 2 1 1
Financing disbursements:
4110 Financing disbursements, gross 1 2 2
Offsets against gross financing authority and disbursements:
Offsetting collections (collected) from:
4122 Interest on uninvested funds –1
4123 Premiums –1
4123 Recoveries on defaults –1 –1



4130 Offsets against gross financing auth and disbursements (total) –2 –1 –1
4170 Financing disbursements, net (mandatory) –1 1 1
4190 Financing disbursements, net (total) –1 1 1

Status of Guaranteed Loans (in millions of dollars)


Identification code 86–4353–0–3–371 2012 actual 2013 CR 2014 est.

Position with respect to appropriations act limitation on commitments:
2143 Uncommitted limitation carried forward



2150 Total guaranteed loan commitments

Cumulative balance of guaranteed loans outstanding:
2210 Outstanding, start of year 120 122 118
2251 Repayments and prepayments –1 –2 –2
Adjustments:
2262 Terminations for default that result in acquisition of property –1 –2 –2
2264 Other adjustments, net 41



2290 Outstanding, end of year 122 118 114

Memorandum:
2299 Guaranteed amount of guaranteed loans outstanding, end of year 122 112 112

1Correction to start of year balance

As required by the Federal Credit Reform Act of 1990, this non-budgetary account records all cash flows to and from the Government resulting from loans insured in 1992 and thereafter. The amounts in this account are considered a means of financing and are not included in the budget totals.

Balance Sheet (in millions of dollars)


Identification code 86–4353–0–3–371 2011 actual 2012 actual

ASSETS:
1101 Federal assets: Fund balances with Treasury 16 16


1999 Total assets 16 16
LIABILITIES:
2204 Non-Federal liabilities: Liabilities for loan guarantees 16 16


4999 Total liabilities and net position 16 16

Nehemiah Housing Opportunity Fund

Program and Financing (in millions of dollars)


Identification code 86–4071–0–3–604 2012 actual 2013 CR 2014 est.

Budgetary Resources:
Unobligated balance:
1021 Recoveries of prior year unpaid obligations 3
1029 Other balances withdrawn –3

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 4 1 1
3040 Recoveries of prior year unpaid obligations, unexpired –3



3050 Unpaid obligations, end of year 1 1 1
Memorandum (non-add) entries:
3100 Obligated balance, start of year 4 1 1
3200 Obligated balance, end of year 1 1 1

The Nehemiah Grants program was authorized by the Housing and Community Development Act of 1987 to provide loans to eligible families to assist in the purchase of new or substantially rehabilitated units.

Federal Housing Administration

Mutual Mortgage Insurance Program Account

(including transfers of funds)

New commitments to guarantee single family loans insured under the Mutual Mortgage Insurance Fund shall not exceed $400,000,000,000, to remain available until September 30, 2015: Provided, That during fiscal year 2014, obligations to make direct loans to carry out the purposes of section 204(g) of the National Housing Act, as amended, shall not exceed $20,000,000: Provided further, That the foregoing amount in the previous proviso shall be for loans to nonprofit and governmental entities in connection with sales of single family real properties owned by the Secretary and formerly insured under the Mutual Mortgage Insurance Fund. For administrative contract expenses of the Federal Housing Administration, $127,000,000, to remain available until September 30, 2015: Provided further, That to the extent guaranteed loan commitments exceed $200,000,000,000 on or before April 1, 2013, an additional $1,400 for administrative contract expenses shall be available for each $1,000,000 in additional guaranteed loan commitments (including a pro rata amount for any amount below $1,000,000), but in no case shall funds made available by this proviso exceed $30,000,000.

Note.—A full-year 2013 appropriation for this account was not enacted at the time the budget was prepared; therefore, the budget assumes this account is operating under the Continuing Appropriations Resolution, 2013 (P.L. 112–175). The amounts included for 2013 reflect the annualized level provided by the continuing resolution.

Program and Financing (in millions of dollars)


Identification code 86–0183–0–1–371 2012 actual 2013 CR 2014 est.

Obligations by program activity:
Credit program obligations:
0707 Reestimates of loan guarantee subsidy 10,983 22,744
0708 Interest on reestimates of loan guarantee subsidy 2,885 4,929
0709 Administrative expenses 120 211 138



0900 Total new obligations 13,988 27,884 138

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 15 12
1001 Discretionary unobligated balance brought fwd, Oct 1 15
1011 Unobligated balance transfer from other accts [86–0236] 4,685 3,299



1050 Unobligated balance (total) 4,685 3,314 12
Budget authority:
Appropriations, discretionary:
1100 Appropriation - Administrative Expenses 207 208 127
1120 Appropriations transferred to other accts [86–4586] –72
1120 Appropriations transferred to other accts [86–0402] –1



1160 Appropriation, discretionary (total) 135 208 126
Appropriations, mandatory:
1200 Appropriation 943



1260 Appropriations, mandatory (total) 943
Spending authority from offsetting collections, mandatory:
1811 Spending authority from offsetting collections transferred from other accounts [86–0236] 9,183 23,431



1850 Spending auth from offsetting collections, mand (total) 9,183 23,431
1900 Budget authority (total) 9,318 24,582 126
1930 Total budgetary resources available 14,003 27,896 138
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 15 12

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 145 155 245
3010 Obligations incurred, unexpired accounts 13,988 27,884 138
3011 Obligations incurred, expired accounts 1
3020 Outlays (gross) –13,969 –27,794 –188
3041 Recoveries of prior year unpaid obligations, expired –10



3050 Unpaid obligations, end of year 155 245 195
Memorandum (non-add) entries:
3100 Obligated balance, start of year 145 155 245
3200 Obligated balance, end of year 155 245 195

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 135 208 126
Outlays, gross:
4010 Outlays from new discretionary authority 11 21 13
4011 Outlays from discretionary balances 91 100 175



4020 Outlays, gross (total) 102 121 188
Mandatory:
4090 Budget authority, gross 9,183 24,374
Outlays, gross:
4100 Outlays from new mandatory authority 9,182 24,374
4101 Outlays from mandatory balances 4,685 3,299



4110