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, 2018: 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).

Program and Financing (in millions of dollars)


Identification code 86–0406–0–1–604 2013 actual 2014 est. 2015 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 2015, 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.

While the Department will continue to process no-cost conversions in 2015, 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 5,000 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: (1) eliminates the 60,000 unit cap on Public Housing and Section 8 Mod Rehab conversions and extends the application deadline for such conversions to September 30, 2018; (2) makes Section 8 Mod Rehab Single Room Occupancy properties eligible for RAD; (3) extends the sunset date on conversions of Rent Supp, RAP and Mod Rehab properties under the second component of RAD to September 30, 2016; and (4) authorizes the conversion of Rent Supp and RAP properties to PBRA contracts. These proposals are included in the general provisions at the end of this budget chapter.

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, [$15,177,218,000] $16,045,000,000, to remain available until [expended] September 30, 2017, shall be available on October 1, [2013] 2014 (in addition to the $4,000,000,000 previously appropriated under this heading that became available on October 1, [2013] 2014), and $4,000,000,000, to remain available until [expended] September 30, 2018, shall be available on October 1, [2014] 2015: Provided, That the amounts made available under this heading are provided as follows:

(1) [$17,365,527,000] $18,006,550,000 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] 2015 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, and Choice Neighborhoods vouchers: Provided further, That in determining calendar year [2014] 2015 funding allocations 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 medical expense threshold, targeting and utility allowances, on public housing agencies' contract renewal needs: [Provided further, That none of the funds provided under this paragraph may be used to fund a total number of unit months under lease which exceeds a public housing agency's authorized level of units under contract, except for public housing agencies participating in the Moving to Work (MTW) demonstration, which are instead governed by the terms and conditions of their MTW agreements:] 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 paragraph), 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 paragraph) 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] 2015: Provided further, That the Secretary may extend the notification period with the [prior written approval] notification of 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] 2015 allocations based on the excess amounts of public housing agencies' net restricted assets accounts, including HUD held programmatic reserves (in accordance with VMS data in calendar year [2013] 2014 that is verifiable and complete), as determined 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 2015 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 $75,000,000 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; [and] (4) 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 a result of insufficient funding: Provided further, That the Secretary shall allocate amounts under the previous proviso based on need, as determined by the Secretary; and (5) 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;

(2) [$130,000,000] $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 and Choice Neighborhood 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 may only provide replacement vouchers for units that were occupied within the previous 24 months that cease to be available as assisted housing, subject only to the availability of funds: [Provided further, That of the amounts made available under this paragraph, $5,000,000 may be available to provide tenant protection assistance, not otherwise provided under this paragraph, to residents residing in low vacancy areas and who may have to pay rents greater than 30 percent of household income, as the result of (1) the maturity of a HUD-insured, HUD-held or section 202 loan that requires the permission of the Secretary prior to loan prepayment; (2) the expiration of a rental assistance contract for which the tenants are not eligible for enhanced voucher or tenant protection assistance under existing law; or (3) the expiration of affordability restrictions accompanying a mortgage or preservation program administered by the Secretary: Provided further, That such tenant protection assistance made available under the previous proviso may be provided under the authority of section 8(t) or section 8(o)(13) of the United States Housing Act of 1937 (42 U.S.C. 1437f(t)): Provided further, That the Secretary shall issue guidance to implement the previous provisos, including, but not limited to, requirements for defining eligible at-risk households within 120 days of the enactment of this Act;] Provided further, That any tenant protection voucher made available from amounts under this paragraph shall not be reissued by any public housing agency, except the replacement vouchers as defined by the Secretary by notice, when the initial family that received any such voucher no longer receives such voucher, and the authority for any public housing agency to issue any such voucher shall cease to exist: Provided further, That the Secretary, for the purpose 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) [$1,500,000,000] $1,705,000,000 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 [$15,000,000] $10,000,000 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 [$1,485,000,000] $1,695,000,000 of the amount provided in this paragraph shall be allocated to public housing agencies for the calendar year [2014] 2015 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, including special purpose vouchers, 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) [$106,691,000] $108,450,000 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; Provided further, That the Secretary may provide assistance provided under this paragraph to Indian tribes and tribally designated housing entities that are eligible to receive block grant assistance under the Native American Housing Assistance and Self-Determination Act of 1996, based on factors such as need, capacity, and partnership with the local VA Medical Center or other entities in collaboration with the Department of Veteran Affairs, as determined by the Secretary to provide rental assistance for the benefit of homeless Native American veterans located on a reservation or other Indian areas; and

(6) The Secretary shall separately track all special purpose vouchers funded under this heading. (Department of Housing and Urban Development Appropriations Act, 2014.)

Program and Financing (in millions of dollars)


Identification code 86–0302–0–1–604 2013 actual 2014 est. 2015 est.

Obligations by program activity:
0001 Tenant Protection 84 136 150
0002 Administrative Fees 1,384 1,516 1,705
0003 Family Self Sufficiency Coordinators 4 57
0006 Contract Renewals 16,247 17,474 17,990
0007 Rental Assistance Demonstration 70
0008 Veterans Affairs Supportive Housing Vouchers 68 83 75
0012 Disaster Housing Assistance Program 2
0013 Section 811 Mainstream Vouchers 110 136 108



0900 Total new obligations (object class 41.0) 17,897 19,402 20,100

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 154 225
1021 Recoveries of prior year unpaid obligations 4



1050 Unobligated balance (total) 158 225
Budget authority:
Appropriations, discretionary:
1100 Appropriation 14,939 15,177 16,045
1120 Appropriations transferred to other accts [86–0402] –15
1121 Appropriations transferred from other accts [86–0304] 18
1121 Appropriations transferred from other accts [86–0163] 52
1130 Appropriations permanently reduced –975



1160 Appropriation, discretionary (total) 13,964 15,177 16,100
Advance appropriations, discretionary:
1170 Advance appropriation 4,000 4,000 4,000



1180 Advanced appropriation, discretionary (total) 4,000 4,000 4,000
1900 Budget authority (total) 17,964 19,177 20,100
1930 Total budgetary resources available 18,122 19,402 20,100
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 225

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 2,008 1,879 2,267
3010 Obligations incurred, unexpired accounts 17,897 19,402 20,100
3020 Outlays (gross) –18,022 –19,014 –19,963
3040 Recoveries of prior year unpaid obligations, unexpired –4



3050 Unpaid obligations, end of year 1,879 2,267 2,404
Memorandum (non-add) entries:
3100 Obligated balance, start of year 2,008 1,879 2,267
3200 Obligated balance, end of year 1,879 2,267 2,404

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 17,964 19,177 20,100
Outlays, gross:
4010 Outlays from new discretionary authority 15,022 17,073 17,869
4011 Outlays from discretionary balances 3,000 1,941 2,094



4020 Outlays, gross (total) 18,022 19,014 19,963
4180 Budget authority, net (total) 17,964 19,177 20,100
4190 Outlays, net (total) 18,022 19,014 19,963

The 2015 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 extremely low and 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.

The Budget provides sufficient funding for contract renewals to not only continue assistance for families anticipated to be under lease in 2014, including renewing over 14,000 vouchers for persons with disabilities, the Budget restores reductions in assisted housing units that resulted from the 2013 sequestration funding cut. In addition, the Budget includes $75 million for 10,000 new vouchers for homeless veterans through the HUD-Veteran Affairs Supportive Housing (HUD-VASH) program that will contribute to the goal of ending homelessness among veterans by 2015. The Budget also allows HUD to allocate HUD-VASH funding to eligible, high capacity Native American Housing Block Grant recipients to specifically address needs of Native American homeless veterans on tribal lands. The Budget requests $150 million for tenant protection vouchers (TPVs), 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. While HUD will continue to issue TPVs to protect residents from any adverse actions, the Budget requests new authority to ensure that the allocation of TPVs for housing conversions do not result in a net gain of affordable housing resources for a community that go beyond replacing vouchers for the loss of affordable units.

The Budget supports additional legislative reforms to HUD's core rental assistance programs, including: (1) Expanding the Moving to Work program to high capacity PHAs; (2) Allowing fixed-income families to recertify their incomes every three years; and (3) Increasing the threshold used to determine deductions for unreimbursed medical expenses from 3 to 10 percent of family income. In addition to these crosscutting reforms, the Budget proposes the following reforms to the Housing Choice Voucher program: (1) Improving the Project Based Voucher Program; (2) Addressing homelessness through expansion of the sponsor-based assistance model; and (3) Streamlining the process for establishing annual Fair Market Rents. The Administration also continues to improve the management of the Housing Choice Voucher program by developing the Next Generation Management System, which will 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 2014.

Housing Certificate Fund

(including [rescissions] cancellations)

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] 2015 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 [shall be rescinded] are hereby permanently cancelled: Provided further, That amounts heretofore 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 [rescinded] permanently cancelled, and an amount of additional new budget authority, equivalent to the amount [rescinded] permanently cancelled is hereby appropriated, to remain available until expended, for the purposes set forth under this heading, in addition to amounts otherwise available. (Department of Housing and Urban Development Appropriations Act, 2014.)

Program and Financing (in millions of dollars)


Identification code 86–0319–0–1–604 2013 actual 2014 est. 2015 est.

Obligations by program activity:
0001 Contract Renewals 35 20
0002 Contract Administrators 116



0900 Total new obligations (object class 41.0) 151 20

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 24 116
1021 Recoveries of prior year unpaid obligations 124 41 23
1029 Other balances withdrawn –32 –6 –3



1050 Unobligated balance (total) 116 151 20
Budget authority:
Appropriations, discretionary:
1100 Appropriation 81 26 15
1131 Unobligated balance of appropriations permanently reduced (HCF funds) –81 –26 –15
1930 Total budgetary resources available 116 151 20
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 116

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 2,130 1,527 1,311
3010 Obligations incurred, unexpired accounts 151 20
3020 Outlays (gross) –479 –326 –199
3040 Recoveries of prior year unpaid obligations, unexpired –124 –41 –23



3050 Unpaid obligations, end of year 1,527 1,311 1,109
Memorandum (non-add) entries:
3100 Obligated balance, start of year 2,130 1,527 1,311
3200 Obligated balance, end of year 1,527 1,311 1,109

Budget authority and outlays, net:
Discretionary:
Outlays, gross:
4011 Outlays from discretionary balances 479 326 199
4190 Outlays, net (total) 479 326 199

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.

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'') [$1,875,000,000] $1,925,000,000, to remain available until September 30, [2017] 2018: Provided, That notwithstanding any other provision of law or regulation, during fiscal year [2014] 2015 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 up to $5,000,000 shall be to support the costs of administrative and judicial receiverships: 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 [including safety and security measures necessary to address crime and drug-related activity as well as 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 of the total amount provided under this heading $45,000,000 shall be for supportive services, service coordinator and congregate services as authorized by section 34 of the Act (42 U.S.C. 1437z-6) and the Native American Housing Assistance and Self-Determination Act of 1996 (25 U.S.C. 4101 et seq.)] 2015: Provided further, That of the total amount made available under this heading, up to [$15,000,000] $25,000,000 may be used for incentives as part of a Jobs-Plus Pilot initiative modeled after the Jobs-Plus demonstration: Provided further, That the funding provided under the previous proviso 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 applicants must demonstrate the ability to provide services to residents, partner with workforce investment boards, and leverage service dollars: [Provided further, That the Secretary may set aside a portion of the funds provided for the Resident Opportunity and Self-Sufficiency program to support the services element of the Jobs-Plus Pilot initiative:] Provided further, That the Secretary may allow PHAs to request exemptions from rent and income limitation requirements under sections 3 and 6 of the United States Housing Act of 1937 as necessary to implement the Jobs-Plus program, on such terms and conditions as the Secretary may approve 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 as a voluntary program for residents: 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: Provided further, That from the funds made available under this heading, the Secretary shall provide bonus awards in fiscal year [2014] 2015 to public housing agencies that are designated high performers. (Department of Housing and Urban Development Appropriations Act, 2014.)

Program and Financing (in millions of dollars)


Identification code 86–0304–0–1–604 2013 actual 2014 est. 2015 est.

Obligations by program activity:
0001 Capital Grants 1,705 1,807 1,821
0002 Technical Assistance 1 1
0003 Emergency/Disaster Reserve 27 28 20
0006 Resident Opportunities and Supportive Services 31 62
0007 Administrative Receivership 3 17 5
0008 Financial and Physical Assessment Support 9 27 8
0010 Jobs-Plus Pilot 15 25



0900 Total new obligations (object class 41.0) 1,776 1,957 1,879

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 86 82
1001 Discretionary unobligated balance brought fwd, Oct 1 86
1020 Adjustment of unobligated bal brought forward, Oct 1 1
1021 Recoveries of prior year unpaid obligations 12
1029 Other balances withdrawn –17



1050 Unobligated balance (total) 82 82
Budget authority:
Appropriations, discretionary:
1100 Appropriation 1,875 1,875 1,925
1120 Appropriations transferred to other accts [86–0303] –18
1120 Appropriations transferred to other accts [86–0302] –18
1120 Appropriations transferred to other accts [86–0402] –10
1130 Appropriations permanently reduced –98



1160 Appropriation, discretionary (total) 1,777 1,875 1,879
Spending authority from offsetting collections, mandatory:
1800 Collected 1



1850 Spending auth from offsetting collections, mand (total) 1
1900 Budget authority (total) 1,778 1,875 1,879
1930 Total budgetary resources available 1,860 1,957 1,879
Memorandum (non-add) entries:
1940 Unobligated balance expiring –2
1941 Unexpired unobligated balance, end of year 82

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 4,688 4,257 4,193
3001 Adjustments to unpaid obligations, brought forward, Oct 1 –2
3010 Obligations incurred, unexpired accounts 1,776 1,957 1,879
3011 Obligations incurred, expired accounts 1
3020 Outlays (gross) –2,185 –2,021 –2,231
3040 Recoveries of prior year unpaid obligations, unexpired –12
3041 Recoveries of prior year unpaid obligations, expired –9



3050 Unpaid obligations, end of year 4,257 4,193 3,841
Memorandum (non-add) entries:
3100 Obligated balance, start of year 4,686 4,257 4,193
3200 Obligated balance, end of year 4,257 4,193 3,841

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 1,777 1,875 1,879
Outlays, gross:
4010 Outlays from new discretionary authority 20 21 21
4011 Outlays from discretionary balances 2,121 2,000 2,210



4020 Outlays, gross (total) 2,141 2,021 2,231
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4033 Non-Federal sources –2
Additional offsets against gross budget authority only:
4052 Offsetting collections credited to expired accounts 2



4070 Budget authority, net (discretionary) 1,777 1,875 1,879
4080 Outlays, net (discretionary) 2,139 2,021 2,231
Mandatory:
4090 Budget authority, gross 1
Outlays, gross:
4101 Outlays from mandatory balances 44
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4123 Non-Federal sources –1
4180 Budget authority, net (total) 1,777 1,875 1,879
4190 Outlays, net (total) 2,182 2,021 2,231

The Budget proposes $1.925 billion for the Public Housing Capital Fund, a formula program designed to address the capital and management improvement needs 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 $1.8 billion will fund capital grants to Public Housing Authorities (PHAs). The balance includes: up to $25 million for Jobs-Plus, an evidence-based strategy for increasing the employment and earnings of public housing residents; up to $20 million for emergency capital needs resulting from non-Presidentially declared emergencies and natural disasters; up to $8 million for financial and physical assessments of Public Housing and other HUD-assisted properties; and up to $5 million for administrative and judicial receiverships to assist PHAs recovering from serious financial, physical, or management problems.

Public Housing Operating Fund

For [2014] 2015 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)), [$4,400,000,000 : 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 to flat rents on public housing agencies' formula income levels] $4,600,000,000. (Department of Housing and Urban Development Appropriations Act, 2014.)

Program and Financing (in millions of dollars)


Identification code 86–0163–0–1–604 2013 actual 2014 est. 2015 est.

Obligations by program activity:
0001 Operating Subsidy 4,058 4,399 4,486



0900 Total new obligations (object class 41.0) 4,058 4,399 4,486

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 7 3
1029 Other balances withdrawn –3



1050 Unobligated balance (total) 7
Budget authority:
Appropriations, discretionary:
1100 Appropriation 4,262 4,400 4,600
1120 Appropriations transferred to other accts [86–0302] –52
1120 Appropriations transferred to other accts [86–0303] –1 –52
1120 Appropriations transferred to other accts [86–0402] –10
1130 Appropriations permanently reduced –208



1160 Appropriation, discretionary (total) 4,054 4,399 4,486
1900 Budget authority (total) 4,054 4,399 4,486
1930 Total budgetary resources available 4,061 4,399 4,486
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 3

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 1,048 1,035 1,210
3010 Obligations incurred, unexpired accounts 4,058 4,399 4,486
3020 Outlays (gross) –4,068 –4,224 –4,462
3041 Recoveries of prior year unpaid obligations, expired –3



3050 Unpaid obligations, end of year 1,035 1,210 1,234
Memorandum (non-add) entries:
3100 Obligated balance, start of year 1,048 1,035 1,210
3200 Obligated balance, end of year 1,035 1,210 1,234

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 4,054 4,399 4,486
Outlays, gross:
4010 Outlays from new discretionary authority 3,032 3,189 3,252
4011 Outlays from discretionary balances 1,036 1,035 1,210



4020 Outlays, gross (total) 4,068 4,224 4,462
4180 Budget authority, net (total) 4,054 4,399 4,486
4190 Outlays, net (total) 4,068 4,224 4,462

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. The Budget also proposes numerous 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 two proposals 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; and (2) establishes a utilities conservation pilot to encourage PHAs to undertake energy conservation measures and reduce Federal costs. The first proposal is reflected in the general provisions at the end of this budget chapter while the second proposal will be included in authorizing legislation to be submitted to Congress in the spring of 2014.

Drug Elimination Grants for Low-income Housing

Program and Financing (in millions of dollars)


Identification code 86–0197–0–1–604 2013 actual 2014 est. 2015 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

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 (subject to section 24 of the United States Housing Act of 1937 (42 U.S.C. 1437v), unless otherwise specified under this heading),] 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, [$90,000,000] $120,000,000, to remain available until September 30, [2016] 2017: Provided, That grant funds may be used for resident and community services, community development, and affordable housing needs in the community, and for conversion of vacant or foreclosed properties to affordable housing: [Provided further, That the use of funds made available under this heading shall not be deemed to be public housing notwithstanding section 3(b)(1) of such Act:] Provided further, That grantees shall commit to an additional period of affordability determined by the Secretary of 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 of the amount provided, not less than $55,000,000 shall be awarded to public housing authorities] Provided further, That, for purposes of environmental review, a grantee shall be treated as a public housing agency under Section 26 of the United States Housing Act of 1937 (42 U.S.C 1437x), and grants under this heading shall be subject to the regulations issued by the Secretary to implement such section: 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: [Provided further, That no more than $5,000,000 of funds made available under this heading may be provided to assist communities in developing comprehensive strategies for implementing this program or implementing other revitalization efforts in conjunction with community notice and input: Provided further, That the Secretary shall develop and publish guidelines for the use of such competitive funds, including but not limited to eligible activities, program requirements, and performance metrics] Provided further, That unobligated balances remaining from funds appropriated under this heading and the heading "Revitalization of Severely Distressed Public Housing (HOPE VI)" in fiscal year 2014 and prior fiscal years may be used for purposes under this heading notwithstanding the purposes for which such amounts were appropriated. (Department of Housing and Urban Development Appropriations Act, 2014.)

Program and Financing (in millions of dollars)


Identification code 86–0349–0–1–604 2013 actual 2014 est. 2015 est.

Obligations by program activity:
0001 Choice Neighborhoods Grants 118 161 164



0900 Total new obligations (object class 41.0) 118 161 164

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 120 116 45
Budget authority:
Appropriations, discretionary:
1100 Appropriation 120 90 120
1120 Appropriations transferred to other accts [86–0402] –1
1130 Appropriations permanently reduced –6



1160 Appropriation, discretionary (total) 114 90 119
1930 Total budgetary resources available 234 206 164
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 116 45

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 1 118 243
3010 Obligations incurred, unexpired accounts 118 161 164
3020 Outlays (gross) –1 –36 –63



3050 Unpaid obligations, end of year 118 243 344
Memorandum (non-add) entries:
3100 Obligated balance, start of year 1 118 243
3200 Obligated balance, end of year 118 243 344

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 114 90 119
Outlays, gross:
4011 Outlays from discretionary balances 1 36 63
4180 Budget authority, net (total) 114 90 119
4190 Outlays, net (total) 1 36 63

The Budget proposes $120 million for Choice Neighborhoods to continue the transformation of neighborhoods of concentrated 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. The Budget will fund 3–4 implementation grants and up to 20 planning grants.

Choice Neighborhoods also supports the Administration's Promise Zones initiative, which is creating partnerships between the Federal government, local communities and businesses to create jobs, increase economic activity, reduce violence and expand educational opportunities. The President announced the first five Promise Zones in January 2014 and will designate an additional 15 Zones in the year ahead. The Budget includes companion investments of $100 million in the Department of Education's Promise Neighborhoods program and $29.5 million in the Department of Justice's Byrne Criminal Justice Innovation Grants program, as well as tax incentives to promote investment and economic growth in the Zones.

Revitalization of Severely Distressed Public Housing (HOPE VI)

Program and Financing (in millions of dollars)


Identification code 86–0218–0–1–604 2013 actual 2014 est. 2015 est.

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



0900 Total new obligations (object class 41.0) 2 5

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 7 5 5
1930 Total budgetary resources available 7 5 5
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 5 5

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 545 383 253
3010 Obligations incurred, unexpired accounts 2 5
3020 Outlays (gross) –159 –130 –110
3041 Recoveries of prior year unpaid obligations, expired –5



3050 Unpaid obligations, end of year 383 253 148
Memorandum (non-add) entries:
3100 Obligated balance, start of year 545 383 253
3200 Obligated balance, end of year 383 253 148

Budget authority and outlays, net:
Discretionary:
Outlays, gross:
4011 Outlays from discretionary balances 159 130 110
4190 Outlays, net (total) 159 130 110

The HOPE VI program, in coordination with funding from the Public Housing Capital Fund, has accomplished its goal of contributing to the demolition of approximately 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 located.

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)] 8 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 under subsections b(3), b(4), b(5), or c(1) of section 23 of such Act in order for public housing agencies, owners and the Department to administer and to facilitate the operation of a unified self-sufficiency program for individuals receiving assistance under different provisions of the Act, as determined by the Secretary. (Department of Housing and Urban Development Appropriations Act, 2014.)

Program and Financing (in millions of dollars)


Identification code 86–0350–0–1–604 2013 actual 2014 est. 2015 est.

Obligations by program activity:
0001 Family Self-Sufficiency 75 75



0900 Total new obligations (object class 41.0) 75 75

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



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

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 75
3010 Obligations incurred, unexpired accounts 75 75
3020 Outlays (gross) –75



3050 Unpaid obligations, end of year 75 75
Memorandum (non-add) entries:
3100 Obligated balance, start of year 75
3200 Obligated balance, end of year 75 75

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 75 75
Outlays, gross:
4011 Outlays from discretionary balances 75
4180 Budget authority, net (total) 75 75
4190 Outlays, net (total) 75

The Budget requests $75 million for a consolidated Family Self-Sufficiency (FSS) Program to help Housing Choice Voucher, Public Housing, and Project-Based Rental Assistance (PBRA) residents achieve self-sufficiency and economic independence. The newly consolidated 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) and PBRA owners to support service coordinators. The consolidated FSS program for Housing Choice Voucher and Public Housing families enables PHAs to more uniformly serve both programs' residents. Expanding eligibility to PBRA properties gives interested PBRA owners the ability to work with their local PHAs with existing FSS programs and/or implement their own FSS program to serve work-able families in this asset-building program. In addition, opening participation to PBRA owners would support Public Housing residents already enrolled in the FSS program during conversions through the Rental Assistance Demonstration (RAD).

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] 2019: 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 amounts made available under this heading, $3,000,000 shall be contracted for assistance for national or regional organizations representing Native American housing interests for providing training and technical assistance to Indian housing authorities and tribally designated housing entities as authorized under NAHASDA; and $2,000,000 shall be to support the inspection of Indian housing units, contract expertise, training, and technical assistance in the training, oversight, and management of such Indian housing and tenant-based assistance, including up to $300,000 for related travel:] 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: Provided further, That [the Department will notify grantees of their formula allocation within 60 days of the date of enactment of this Act] notwithstanding section 302(d) of NAHASDA, if on January 1, 2015, a recipient's total amount of undisbursed block grants in the Department's line of credit control system is greater than three times the formula allocation it would otherwise receive under this heading, the Secretary shall adjust that recipient's formula allocation down by the difference between its total amount of undisbursed block grants in the Department's line of credit control system on January 1, 2015, and three times the formula allocation it would otherwise receive: Provided further, That grant amounts not allocated to a recipient pursuant to the previous proviso shall be allocated under the need component of the formula proportionately among all other Indian tribes not subject to an adjustment: Provided further, That the two previous provisos shall not apply to any Indian tribe that would otherwise receive a formula allocation of less than $5,000,000: Provided further, That to take effect, the three previous provisos do not require the issuance of any regulation. (Department of Housing and Urban Development Appropriations Act, 2014.)

Program and Financing (in millions of dollars)


Identification code 86–0313–0–1–604 2013 actual 2014 est. 2015 est.

Obligations by program activity:
0010 Indian Housing Block Grants 616 668 645
0011 Technical Assistance 6 4 3
0015 National and Regional Organizations 2 3 2



0091 Direct program activities, subtotal 624 675 650
Credit program obligations:
0702 Loan guarantee subsidy 2 3 3
0707 Reestimates of loan guarantee subsidy 1 1



0791 Direct program activities, subtotal 3 4 3



0900 Total new obligations (object class 41.0) 627 679 653

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 45 38 9
1001 Discretionary unobligated balance brought fwd, Oct 1 45
1021 Recoveries of prior year unpaid obligations 2



1050 Unobligated balance (total) 47 38 9
Budget authority:
Appropriations, discretionary:
1100 Appropriation 650 650 650
1120 Appropriations transferred to other accts [86–0402] –3
1130 Appropriations permanently reduced –34



1160 Appropriation, discretionary (total) 616 650 647
Appropriations, mandatory:
1200 Appropriation 2



1260 Appropriations, mandatory (total) 2
1900 Budget authority (total) 618 650 647
1930 Total budgetary resources available 665 688 656
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 38 9 3

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 1,105 1,002 1,027
3010 Obligations incurred, unexpired accounts 627 679 653
3020 Outlays (gross) –728 –654 –587
3040 Recoveries of prior year unpaid obligations, unexpired –2



3050 Unpaid obligations, end of year 1,002 1,027 1,093
Memorandum (non-add) entries:
3100 Obligated balance, start of year 1,105 1,002 1,027
3200 Obligated balance, end of year 1,002 1,027 1,093

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 616 650 647
Outlays, gross:
4010 Outlays from new discretionary authority 218 192 191
4011 Outlays from discretionary balances 508 462 396



4020 Outlays, gross (total) 726 654 587
Mandatory:
4090 Budget authority, gross 2
Outlays, gross:
4100 Outlays from new mandatory authority 2
4180 Budget authority, net (total) 618 650 647
4190 Outlays, net (total) 728 654 587

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


Identification code 86–0313–0–1–604 2013 actual 2014 est. 2015 est.

Guaranteed loan levels supportable by subsidy budget authority:
215001 Title VI Indian Federal Guarantees Program 16 25 27



215999 Total loan guarantee levels 16 25 27
Guaranteed loan subsidy (in percent):
232001 Title VI Indian Federal Guarantees Program 10.91 12.10 11.21



232999 Weighted average subsidy rate 10.91 12.10 11.21
Guaranteed loan subsidy budget authority:
233001 Title VI Indian Federal Guarantees Program 2 3 3



233999 Total subsidy budget authority 2 3 3
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 1



235999 Total upward reestimate budget authority 2 1
Guaranteed loan downward reestimates:
237001 Title VI Indian Federal Guarantees Program –3 –2



237999 Total downward reestimate subsidy budget authority –3 –2

The Budget proposes $650 million for the Native American Housing Block Grant program. This program allocates funds on a formula basis to Indian tribes and their designated housing entities to help them address housing and other needs within their communities. In 2013, out of a population of 1.6 million American Indians and Alaska Natives in block grant formula areas, it is estimated that more than 100,000 households were either overcrowded or lacked adequate plumbing or kitchen facilities.

For several reasons, including the significant unmet needs in Indian Country, it is important that grantees spend program funds in a timely manner and avoid accumulating excessive undisbursed balances from prior-year grants. The Budget proposes to withhold funding from any grantee that, on January 1, 2015, has a total undisbursed balance greater than three times the funding allocation it would otherwise receive in 2015. This proposal will not affect grantees with funding allocations below $5 million, and any funds withheld will be allocated among all other grantees in accordance with the need component of the formula.

The Budget also proposes several legislative reforms to improve the allocation of grant funds and strengthen program oversight, including: (1) phasing out of the formula homeownership units developed under the U.S. Housing Act of 1937; (2) strengthening HUD's authority to temporarily suspend recipients' access to grant funds to ensure the lawful expenditure of those funds; and (3) clarifying HUD's authority to take back funds distributed based on inaccurate information. These reforms will be transmitted to Congress in the spring of 2014.

Within the total amount requested, $2 million is for the Title VI loan guarantee program. The Title VI program provides a Federal guarantee of notes or other obligations issued by Indian tribes or tribally designated housing entities for the purpose of financing affordable housing activities. Combined with $1 million in prior-year funds, the amount requested is sufficient to guarantee $27 million in loans.

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.

Title VI Indian Federal Guarantees Financing Account

Program and Financing (in millions of dollars)


Identification code 86–4244–0–3–604 2013 actual 2014 est. 2015 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 3 2
0743 Interest on downward reestimates 1 1



0900 Total new obligations 4 5 2

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 12 12 9
Financing authority:
Spending authority from offsetting collections, mandatory:
1800 Collected 4 2 2



1850 Spending auth from offsetting collections, mand (total) 4 2 2
1930 Total budgetary resources available 16 14 11
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 12 9 9

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 1 3
3010 Obligations incurred, unexpired accounts 4 5 2
3020 Financing disbursements (gross) –3 –3 –3



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

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



4130 Offsets against gross financing auth and disbursements (total) –4 –2 –2
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 2013 actual 2014 est. 2015 est.

Position with respect to appropriations act limitation on commitments:
2111 Limitation on guaranteed loans made by private lenders 20 17 17
2121 Limitation available from carry-forward 46 50 42
2143 Uncommitted limitation carried forward –50 –42 –32



2150 Total guaranteed loan commitments 16 25 27
2199 Guaranteed amount of guaranteed loan commitments 16 25 27

Cumulative balance of guaranteed loans outstanding:
2210 Outstanding, start of year 135 143 154
2231 Disbursements of new guaranteed loans 12 18 22
2251 Repayments and prepayments –4 –5 –5
2263 Adjustments: Terminations for default that result in claim payments –2 –2



2290 Outstanding, end of year 143 154 169

Memorandum:
2299 Guaranteed amount of guaranteed loans outstanding, end of year 143 154 169

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 1998 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 2012 actual 2013 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

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.), [$10,000,000] $13,000,000, to remain available until expended[: 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]. (Department of Housing and Urban Development Appropriations Act, 2014.)

Program and Financing (in millions of dollars)


Identification code 86–0235–0–1–604 2013 actual 2014 est. 2015 est.

Obligations by program activity:
0001 Native Hawaiian Housing Block Grant 12 11 13



0900 Total new obligations (object class 41.0) 12 11 13

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 1 1
Budget authority:
Appropriations, discretionary:
1100 Appropriation 13 10 13
1130 Appropriations permanently reduced –1



1160 Appropriation, discretionary (total) 12 10 13
1930 Total budgetary resources available 13 11 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 52 60 63
3010 Obligations incurred, unexpired accounts 12 11 13
3020 Outlays (gross) –4 –8 –14



3050 Unpaid obligations, end of year 60 63 62
Memorandum (non-add) entries:
3100 Obligated balance, start of year 52 60 63
3200 Obligated balance, end of year 60 63 62

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 12 10 13
Outlays, gross:
4010 Outlays from new discretionary authority 1 1
4011 Outlays from discretionary balances 4 7 13



4020 Outlays, gross (total) 4 8 14
4180 Budget authority, net (total) 12 10 13
4190 Outlays, net (total) 4 8 14

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 2015 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-13a), [$6,000,000] $8,000,000, 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] $1,200,000,000, to remain available until expended: Provided further, That up to $750,000 of this amount may be for administrative contract expenses including management processes and systems to carry out the loan guarantee program. (Department of Housing and Urban Development Appropriations Act, 2014.)

Program and Financing (in millions of dollars)


Identification code 86–0223–0–1–371 2013 actual 2014 est. 2015 est.

Obligations by program activity:
Credit program obligations:
0702 Loan guarantee subsidy 8 4 10
0707 Reestimates of loan guarantee subsidy 3 93
0708 Interest on reestimates of loan guarantee subsidy 5 14
0709 Administrative expenses 4 1



0900 Total new obligations 16 115 11

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 2 6 4
1001 Discretionary unobligated balance brought fwd, Oct 1 2 6
Budget authority:
Appropriations, discretionary:
1100 Appropriation 12 6 8



1160 Appropriation, discretionary (total) 12 6 8
Appropriations, mandatory:
1200 Appropriation 8 107



1260 Appropriations, mandatory (total) 8 107
1900 Budget authority (total) 20 113 8
1930 Total budgetary resources available 22 119 12
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 6 4 1

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 3 2 2
3010 Obligations incurred, unexpired accounts 16 115 11
3020 Outlays (gross) –17 –115 –8



3050 Unpaid obligations, end of year 2 2 5
Memorandum (non-add) entries:
3100 Obligated balance, start of year 3 2 2
3200 Obligated balance, end of year 2 2 5

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 12 6 8
Outlays, gross:
4010 Outlays from new discretionary authority 5 5 7
4011 Outlays from discretionary balances 4 3 1



4020 Outlays, gross (total) 9 8 8
Mandatory:
4090 Budget authority, gross 8 107
Outlays, gross:
4100 Outlays from new mandatory authority 8 107
4180 Budget authority, net (total) 20 113 8
4190 Outlays, net (total) 17 115 8

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


Identification code 86–0223–0–1–371 2013 actual 2014 est. 2015 est.

Guaranteed loan levels supportable by subsidy budget authority:
215001 Indian Housing Loan Guarantee 642 900 1,200



215999 Total loan guarantee levels 642 900 1,200
Guaranteed loan subsidy (in percent):
232001 Indian Housing Loan Guarantee 1.35 0.47 0.84



232999 Weighted average subsidy rate 1.35 0.47 0.84
Guaranteed loan subsidy budget authority:
233001 Indian Housing Loan Guarantee 9 4 10



233999 Total subsidy budget authority 9 4 10
Guaranteed loan subsidy outlays:
234001 Indian Housing Loan Guarantee 9 3 8



234999 Total subsidy outlays 9 3 8
Guaranteed loan upward reestimates:
235001 Indian Housing Loan Guarantee 7 107



235999 Total upward reestimate budget authority 7 107
Guaranteed loan downward reestimates:
237001 Indian Housing Loan Guarantee –12 –6



237999 Total downward reestimate subsidy budget authority –12 –6

The Indian Housing Loan Guarantee program (also known as the Section 184 program) provides access to private mortgage financing for Indian families, Indian tribes, and their tribally designated housing entities who otherwise could not acquire such financing because of the unique legal status of Indian trust land. The Budget provides $8 million to support additional loan guarantees and administrative systems support.

The 2013 Appropriations Act gave HUD authority to increase fees within this program, and HUD is exercising this authority in 2014 by increasing the upfront fee by 50 basis points to 1.5 percent. To ensure that budgetary resources are sufficient to meet projected demand for the program, HUD will also implement an annual fee of 15 basis points in 2015.

The Budget also includes a number of statutory changes to reduce program losses and ensure its long-term viability, including requirements for participating lenders to: (1) consider loan modification options for borrowers; and (2) indemnify HUD for insurance claims paid on any loans that are found not to meet the Department's guidelines. In addition, the Budget updates several statutory program definitions to align them with the Native American Housing Assistance and Self-Determination Act of 1996. All proposed statutory changes are included in the general provisions at the end of this budget chapter.

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 2013 actual 2014 est. 2015 est.

Direct obligations:
25.2 Other services from non-Federal sources 1 4 1
41.0 Grants, subsidies, and contributions 15 111 10



99.9 Total new obligations 16 115 11

Indian Housing Loan Guarantee Fund Financing Account

Program and Financing (in millions of dollars)


Identification code 86–4104–0–3–604 2013 actual 2014 est. 2015 est.

Obligations by program activity:
Credit program obligations:
0711 Default claim payments on principal 30 60 75
0713 Payment of interest to Treasury 6 3 2
0742 Downward reestimate paid to receipt account 12 2
0743 Interest on downward reestimates 4



0900 Total new obligations 48 69 77

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 82 165 233
Financing authority:
Borrowing authority, mandatory:
1400 Borrowing authority 95



1440 Borrowing authority, mandatory (total) 95
Spending authority from offsetting collections, mandatory:
1800 Collected 36 137 39



1850 Spending auth from offsetting collections, mand (total) 36 137 39
1900 Financing authority (total) 131 137 39
1930 Total budgetary resources available 213 302 272
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 165 233 195

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 1 2 71
3010 Obligations incurred, unexpired accounts 48 69 77
3020 Financing disbursements (gross) –47



3050 Unpaid obligations, end of year 2 71 148
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 –2 –1 68
3200 Obligated balance, end of year –1 68 145

Financing authority and disbursements, net:
Mandatory:
4090 Financing authority, gross 131 137 39
Financing disbursements:
4110 Financing disbursements, gross 47
Offsets against gross financing authority and disbursements:
Offsetting collections (collected) from:
4120 Federal sources: Payments from program account –16 –110 –8
4122 Interest on uninvested funds –7 –11 –12
4123 Non-Federal sources –13 –16 –19



4130 Offsets against gross financing auth and disbursements (total) –36 –137 –39



4160 Financing authority, net (mandatory) 95
4170 Financing disbursements, net (mandatory) 11 –137 –39
4180 Financing authority, net (total) 95
4190 Financing disbursements, net (total) 11 –137 –39

Status of Guaranteed Loans (in millions of dollars)


Identification code 86–4104–0–3–604 2013 actual 2014 est. 2015 est.

Position with respect to appropriations act limitation on commitments:
2111 Limitation on guaranteed loans made by private lenders 976 1,818 1,200
2121 Limitation available from carry-forward 37 371 1,289
2143 Uncommitted limitation carried forward –371 –1,289 –1,289



2150 Total guaranteed loan commitments 642 900 1,200
2199 Guaranteed amount of guaranteed loan commitments 642 900 1,200

Cumulative balance of guaranteed loans outstanding:
2210 Outstanding, start of year 2,841 3,480 4,216
2231 Disbursements of new guaranteed loans 672 800 1,050
2251 Repayments and prepayments –3 –4 –4
2263 Adjustments: Terminations for default that result in claim payments –30 –60 –75



2290 Outstanding, end of year 3,480 4,216 5,187

Memorandum:
2299 Guaranteed amount of guaranteed loans outstanding, end of year 3,480 4,216 5,187

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 2012 actual 2013 actual

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


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


2999 Total liabilities 86 86


4999 Total liabilities and net position 86 86

Native Hawaiian Housing Loan Guarantee Fund Program Account

[For the cost of guaranteed loans, as authorized by section 184A of the Housing and Community Development Act of 1992 (12 U.S.C. 1715z-13b) and for such costs for loans used for refinancing, $100,000, 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 $18,868,000, to remain available until expended.] (Department of Housing and Urban Development Appropriations Act, 2014.)

Program and Financing (in millions of dollars)


Identification code 86–0233–0–1–371 2013 actual 2014 est. 2015 est.

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 6 6 6
1930 Total budgetary resources available 6 6 6
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 6 6 6

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


Identification code 86–0233–0–1–371 2013 actual 2014 est. 2015 est.

Guaranteed loan levels supportable by subsidy budget authority:
215001 Native Hawaiian Housing Loan Guarantees 25 25 25



215999 Total loan guarantee levels 25 25 25
Guaranteed loan subsidy (in percent):
232001 Native Hawaiian Housing Loan Guarantees 0.50 0.53 0.62



232999 Weighted average subsidy rate 0.50 0.53 0.62
Guaranteed loan downward reestimates:
237001 Native Hawaiian Housing Loan Guarantees –1 –2



237999 Total downward reestimate subsidy budget authority –1 –2

The Native Hawaiian Housing Loan Guarantee program (also known as the Section 184A program), provides access to private mortgage financing to Native Hawaiian families who are eligible to reside on the Hawaiian Home Lands and who otherwise could not acquire such financing because of the unique legal status of the Hawaiian Home Lands. Because the program has sufficient carryover funds, the 2015 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 2013 actual 2014 est. 2015 est.

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



0900 Total new obligations 2 3 1

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 2 7 5
Financing authority:
Borrowing authority, mandatory:
1400 Borrowing authority 6 3



1440 Borrowing authority, mandatory (total) 6 3
Spending authority from offsetting collections, mandatory:
1800 Collected 1 1 1



1850 Spending auth from offsetting collections, mand (total) 1 1 1
1900 Financing authority (total) 7 1 4
1930 Total budgetary resources available 9 8 9
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 7 5 8

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



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

Financing authority and disbursements, net:
Mandatory:
4090 Financing authority, gross 7 1 4
Financing disbursements:
4110 Financing disbursements, gross 2
Offsets against gross financing authority and disbursements:
Offsetting collections (collected) from:
4122 Interest on uninvested funds –1 –1 –1
4180 Financing authority, net (total) 6 3
4190 Financing disbursements, net (total) 1 –1 –1

Status of Guaranteed Loans (in millions of dollars)


Identification code 86–4351–0–3–371 2013 actual 2014 est. 2015 est.

Position with respect to appropriations act limitation on commitments:
2111 Limitation on guaranteed loans made by private lenders 42 19
2121 Limitation available from carry-forward 1,086 1,103 1,097
2143 Uncommitted limitation carried forward –1,103 –1,097 –1,072



2150 Total guaranteed loan commitments 25 25 25
2199 Guaranteed amount of guaranteed loan commitments 25 25 25

Cumulative balance of guaranteed loans outstanding:
2210 Outstanding, start of year 69 84 102
2231 Disbursements of new guaranteed loans 15 19 19
2263 Adjustments: Terminations for default that result in claim payments –1 –1



2290 Outstanding, end of year 84 102 120

Memorandum:
2299 Guaranteed amount of guaranteed loans outstanding, end of year 84 102 120

Addendum:
Cumulative balance of defaulted guaranteed loans that result in loans receivable:
2310 Outstanding, start of year



2390 Outstanding, end of year

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 2012 actual 2013 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

Community Planning and Development

Federal Funds

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.), [$330,000,000,] $332,000,000, to remain available until September 30, [2015] 2016, except that amounts allocated pursuant to section 854(c)(3) of such Act shall remain available until September 30, [2016] 2017: Provided, That the Secretary shall renew all expiring contracts for permanent supportive housing that initially were funded under section 854(c)(3) of such Act from funds made available under this heading in fiscal year 2010 and prior fiscal years that meet all program requirements before awarding funds for new contracts under [each] such section[, and if amounts provided under this heading pursuant to such section are insufficient to fund renewals for all such expiring contracts, then amounts made available under this heading for formula grants pursuant to section 854(c)(1) shall be used to provide the balance of such renewal funding before awarding funds for such formula grants: Provided further, That the Department shall notify grantees of their formula allocation within 60 days of enactment of this Act]. (Department of Housing and Urban Development Appropriations Act, 2014.)

Program and Financing (in millions of dollars)


Identification code 86–0308–0–1–604 2013 actual 2014 est. 2015 est.

Obligations by program activity:
0001 HOPWA Formula Grants 270 306 297
0002 HOPWA Competitive Grants 32 33 33



0900 Total new obligations (object class 41.0) 302 339 330

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 71 83 74
Budget authority:
Appropriations, discretionary:
1100 Appropriation 332 330 332
1120 Appropriations transferred to other accts [86–0308] –31 –33 –33
1120 Appropriations transferred to other accts [86–0402] –2
1121 Appropriations transferred from other accts [86–0308] 31 33 33
1130 Appropriations permanently reduced –18



1160 Appropriation, discretionary (total) 314 330 330
1930 Total budgetary resources available 385 413 404
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 83 74 74

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 485 479 496
3010 Obligations incurred, unexpired accounts 302 339 330
3020 Outlays (gross) –307 –322 –318
3041 Recoveries of prior year unpaid obligations, expired –1



3050 Unpaid obligations, end of year 479 496 508
Memorandum (non-add) entries:
3100 Obligated balance, start of year 485 479 496
3200 Obligated balance, end of year 479 496 508

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 314 330 330
Outlays, gross:
4010 Outlays from new discretionary authority 1 3 3
4011 Outlays from discretionary balances 306 319 315



4020 Outlays, gross (total) 307 322 318
4180 Budget authority, net (total) 314 330 330
4190 Outlays, net (total) 307 322 318

The 2015 Budget provides $332 million for the Housing Opportunities for Persons with AIDS (HOPWA) program, the only Federal program dedicated to address the housing needs of low-income Americans living with HIV and AIDS. HOPWA funding provides States and localities with resources to devise long-term comprehensive strategies for planning and providing housing and supportive services to meet the housing 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 cumulative AIDS cases. 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 cases of persons living with 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.

HUD is working in partnership with Federal agencies through the HIV Care Continuum to improve outcomes that promote greater achievements in viral suppression through the coordination and alignment of housing support with medical care for people living with HIV. Furthermore, HUD is placing greater emphasis on coordinating local planning and service delivery of HOPWA housing resources with local homeless Continuums of Care. This effort is expected to increase local collaborations in the delivery of housing and services, and reduce duplication of local systems of support.

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, [$3,100,000,000] $2,870,000,000, to remain available until September 30, [2016] 2017, unless otherwise specified: Provided, That of the total amount provided, [$3,030,000,000] $2,800,000,000 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 a metropolitan city, urban county, unit of general local government, or Indian tribe, or insular area that directly or indirectly receives funds under this heading may not sell, trade, or otherwise transfer all or any portion of such funds to another such entity in exchange for any other funds, credits or non-Federal considerations, but must use such funds for activities eligible under title I of the Act: [Provided further, That none of the funds made available under this heading may be used for grants for the Economic Development Initiative ("EDI'') or Neighborhood Initiatives activities, Rural Innovation Fund, or for grants pursuant to section 107 of the Housing and Community Development Act of 1974 (42 U.S.C. 5307): Provided further, That the Department shall notify grantees of their formula allocation within 60 days of enactment of this Act:] 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: Provided further, That of the amounts made available under the previous proviso, $10,000,000 shall be for grants for mold remediation and prevention that shall be awarded through one national competition to Native American tribes with the greatest need. (Department of Housing and Urban Development Appropriations Act, 2014.)

Program and Financing (in millions of dollars)


Identification code 86–0162–0–1–451 2013 actual 2014 est. 2015 est.

Obligations by program activity:
0001 Community Development Formula Grants 2,913 3,042 2,837
0003 Indian Tribes 58 69 70
0004 Administration, Operations and Management 1 1
0010 Disaster Assistance 2,205 3,795 4,296



0900 Total new obligations (object class 41.0) 5,176 6,907 7,204

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 732 13,874 10,067
1021 Recoveries of prior year unpaid obligations 2



1050 Unobligated balance (total) 734 13,874 10,067
Budget authority:
Appropriations, discretionary:
1100 Appropriation 3,308 3,100 2,870
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] –14
1130 Appropriations permanently reduced –972



1160 Appropriation, discretionary (total) 18,316 3,100 2,856
1930 Total budgetary resources available 19,050 16,974 12,923
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 13,874 10,067 5,719

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 15,037 14,419 11,105
3010 Obligations incurred, unexpired accounts 5,176 6,907 7,204
3020 Outlays (gross) –5,768 –10,221 –8,383
3040 Recoveries of prior year unpaid obligations, unexpired –2
3041 Recoveries of prior year unpaid obligations, expired –24



3050 Unpaid obligations, end of year 14,419 11,105 9,926
Memorandum (non-add) entries:
3100 Obligated balance, start of year 15,037 14,419 11,105
3200 Obligated balance, end of year 14,419 11,105 9,926

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 18,316 3,100 2,856
Outlays, gross:
4010 Outlays from new discretionary authority 202 31 29
4011 Outlays from discretionary balances 5,566 10,190 8,354



4020 Outlays, gross (total) 5,768 10,221 8,383
4180 Budget authority, net (total) 18,316 3,100 2,856
4190 Outlays, net (total) 5,768 10,221 8,383

Within the Community Development Fund, the Budget includes $2.8 billion for the Community Development Block Grant (CDBG) program and $70 million for the Indian CDBG program.

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, and support 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 are distributed to the States (non-entitlement communities).

In August 2014 the CDBG program will celebrate its 40th anniversary, but in that time, the impact of the CDBG program has been uneven. Adjusted for inflation, recent appropriations represent only about 25 percent of the 1978 funding level, while the number of grantees has doubled. In recognition of the anniversary and these challenges, there is a need to reevaluate the program, its rules and its design to ensure that it provides targeted benefits to the nation's communities and, more specifically, to low- and moderate-income populations.

In support of these goals, in 2013 HUD undertook an outreach effort titled "Moving CDBG Forward" to provide CDBG stakeholders the opportunity to assess One CPD technical assistance, the program itself, and to recommend improvements. Recommendations gathered through the process, HUD's expertise administering the program and research conducted by HUD's Office of Policy Development and Research form the basis for the Department's legislative package of CDBG reforms that will be transmitted in the spring of 2014. This legislative package will focus on reforms that strengthen the CDBG program; help grantees target funding resources to areas of greatest need; enhance program accountability; synchronize critical program cycles with the consolidated plan cycle; reduce the number of small grantees; and provide more options for regional coordination, administration, and planning. Regional coordination will allow grantees to achieve administrative savings and pool resources to make strategic investment decisions.

The Budget also includes $70 million for the Indian Community Development program. This program provides grants to help develop viable Indian and Alaska Native Communities with decent housing, a suitable living environment, and economic opportunities, primarily for low- and moderate-income persons. Within this account, $10 million is provided to address mold issues in Indian housing, which will be distributed through a national competition.

This account also reflects $15.2 billion in CDBG funding (post-sequestration) 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 are also available 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 II grants).

[Empowerment Zones/Enterprise Communities/Renewal Communities]

[(rescission)]

[Unobligated balances, including recaptures and carryover, remaining from funds appropriated to the Department of Housing and Urban Development under this heading are hereby permanently rescinded.] (Department of Housing and Urban Development Appropriations Act, 2014.)

Introduced in 1993, the Empowerment Zone (EZ), Enterprise Community (EC), and Renewal Community (RC) Initiatives sought to reduce unemployment and generate economic growth through the designation of Federal tax incentives and award of grants to distressed communities. The tax incentives for ECs and RCs have both expired, while EZ tax incentives were extended to December 31, 2013 by the American Taxpayer Relief Act of 2012. In 2014, all unobligated balances, including recaptures and carryover, were rescinded.

Brownfields Redevelopment

Program and Financing (in millions of dollars)


Identification code 86–0314–0–1–451 2013 actual 2014 est. 2015 est.

Obligations by program activity:
0001 BEDI Grants 1



0900 Total new obligations (object class 41.0) 1

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



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

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 36 25 21
3010 Obligations incurred, unexpired accounts 1
3020 Outlays (gross) –5 –5 –5
3040 Recoveries of prior year unpaid obligations, unexpired –4
3041 Recoveries of prior year unpaid obligations, expired –2



3050 Unpaid obligations, end of year 25 21 16
Memorandum (non-add) entries:
3100 Obligated balance, start of year 36 25 21
3200 Obligated balance, end of year 25 21 16

Budget authority and outlays, net:
Discretionary:
Outlays, gross:
4011 Outlays from discretionary balances 5 5 5
4190 Outlays, net (total) 5 5 5

The 2015 Budget requests no funding for the Brownfields Economic Development Initiative (BEDI) , which was a competitive grant program designed to assist cities with the redevelopment of brownfield sites for the purposes of economic development and job creation. 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, [$1,000,000,000] $950,000,000, to remain available until September 30, [2016] 2017: Provided, [That notwithstanding the amount made available under this heading, the threshold reduction requirements in sections 216(10) and 217(b)(4) of such Act shall not apply to allocations of such amount: Provided further,] That the requirements under provisos 2 through [6] 5 under this heading for fiscal year 2012 and such requirements applicable pursuant to the "Full-Year Continuing Appropriations Act, 2013'', shall not apply to any project to which funds were committed on or after August 23, 2013, but such projects shall instead be governed by the Final Rule titled "Home Investment Partnerships Program; Improving Performance and Accountability; Updating Property Standards'' which became effective on such date: Provided further, That funds provided in prior appropriations Acts for technical assistance, which were made available for Community Housing Development Organizations technical assistance, and which still remain available, may be used for HOME technical assistance, notwithstanding the purposes for which such amounts were appropriated: Provided further, That [the Department shall notify grantees of their formula allocation within 60 days of enactment of this Act] of the total amount provided under this heading, up to $10,000,000 shall be made available to the Self-help and Assisted Homeownership Opportunity Program, as authorized under section 11 of the Housing Opportunity Program Extension Act of 1996, as amended (42 U.S.C. 12805 note). (Department of Housing and Urban Development Appropriations Act, 2014.)

Program and Financing (in millions of dollars)


Identification code 86–0205–0–1–604 2013 actual 2014 est. 2015 est.

Obligations by program activity:
0001 HOME Investment Program 918 1,030 945
0002 Technical Assistance 1
0003 SHOP 10



0900 Total new obligations (object class 41.0) 919 1,030 955

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 152 190 160
1021 Recoveries of prior year unpaid obligations 11



1050 Unobligated balance (total) 163 190 160
Budget authority:
Appropriations, discretionary:
1100 Appropriation 1,000 1,000 950
1120 Appropriations transferred to other accts [86–0402] –5
1130 Appropriations permanently reduced –52



1160 Appropriation, discretionary (total) 948 1,000 945
1930 Total budgetary resources available 1,111 1,190 1,105
Memorandum (non-add) entries:
1940 Unobligated balance expiring –2
1941 Unexpired unobligated balance, end of year 190 160 150

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 4,340 3,819 3,443
3010 Obligations incurred, unexpired accounts 919 1,030 955
3020 Outlays (gross) –1,420 –1,406 –1,239
3040 Recoveries of prior year unpaid obligations, unexpired –11
3041 Recoveries of prior year unpaid obligations, expired –9



3050 Unpaid obligations, end of year 3,819 3,443 3,159
Memorandum (non-add) entries:
3100 Obligated balance, start of year 4,340 3,819 3,443
3200 Obligated balance, end of year 3,819 3,443 3,159

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 948 1,000 945
Outlays, gross:
4010 Outlays from new discretionary authority 3 10 9
4011 Outlays from discretionary balances 1,417 1,396 1,230



4020 Outlays, gross (total) 1,420 1,406 1,239
4180 Budget authority, net (total) 948 1,000 945
4190 Outlays, net (total) 1,420 1,406 1,239

The Budget requests $950 million for HOME, with up to $10 million set-aside for the Self-help Homeownership Opportunity Program (SHOP). The HOME Investment Partnerships 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 through a wide range of activities that build, buy, and/or rehabilitate affordable housing. Sixty percent of the formula grant funds is awarded to participating local governments and 40 percent is awarded to states. 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, 65 percent of about 178,000 completed HOME assisted rental units were part of awarded LIHTC projects from fiscal years 2009 through 2013. Over time, HOME funding is estimated to result in the production of almost 36,000 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 almost 8,000 units.

The 2015 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 years 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 to other residents' safety. When implemented, these changes will improve the targeting focus and effectiveness of the overall administration of the program.

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 2015 Budget also proposes statutory changes that would improve the administration of the SHOP program. These include authorization to allow 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 2013 actual 2014 est. 2015 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 appropriation 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. This program is similar to HOME, but is more income targeted. Funds will be distributed by formula to States or State-designated entities to 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 2015 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

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), $20,000,000, to remain available until September 30, 2016.

Program and Financing (in millions of dollars)


Identification code 86–0405–0–1–451 2013 actual 2014 est. 2015 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 2015 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

[For the Self-Help and Assisted Homeownership Opportunity Program, as authorized under section 11 of the Housing Opportunity Program Extension Act of 1996, as amended, $50,000,000, to remain available until September 30, 2016: Provided, That of the total amount provided under this heading, $10,000,000 shall be made available to the Self-Help and Assisted Homeownership Opportunity Program as authorized under section 11 of the Housing Opportunity Program Extension Act of 1996, as amended: Provided further, That $35,000,000 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 shall be made available for rural capacity-building activities: Provided further, That $5,000,000 shall be made available for capacity building by national rural housing organizations with experience assessing national rural conditions and providing financing, training, technical assistance, information, and research to local nonprofits, local governments and Indian Tribes serving high need rural communities.] (Department of Housing and Urban Development Appropriations Act, 2014.)

Program and Financing (in millions of dollars)


Identification code 86–0176–0–1–604 2013 actual 2014 est. 2015 est.

Obligations by program activity:
0001 Self Help Housing Opportunity Program 13 10
0002 Capacity Building 68
0003 Rural Capacity Building 5 10



0900 Total new obligations (object class 41.0) 18 88

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 5 38
Budget authority:
Appropriations, discretionary:
1100 Appropriation 54 50
1130 Appropriations permanently reduced –3



1160 Appropriation, discretionary (total) 51 50
1930 Total budgetary resources available 56 88
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 38

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 199 150 164
3010 Obligations incurred, unexpired accounts 18 88
3020 Outlays (gross) –67 –74 –67



3050 Unpaid obligations, end of year 150 164 97
Memorandum (non-add) entries:
3100 Obligated balance, start of year 199 150 164
3200 Obligated balance, end of year 150 164 97

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 51 50
Outlays, gross:
4011 Outlays from discretionary balances 67 74 67
4180 Budget authority, net (total) 51 50
4190 Outlays, net (total) 67 74 67

The 2015 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 2013 actual 2014 est. 2015 est.

Obligations by program activity:
0001 Abandoned and Foreclosed 1
0003 Disaster Assistance 4 16



0900 Total new obligations (object class 41.0) 5 16

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 19 16
1021 Recoveries of prior year unpaid obligations 2



1050 Unobligated balance (total) 21 16
1930 Total budgetary resources available 21 16
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 16

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 1,416 626 139
3010 Obligations incurred, unexpired accounts 5 16
3020 Outlays (gross) –793 –503 –118
3040 Recoveries of prior year unpaid obligations, unexpired –2



3050 Unpaid obligations, end of year 626 139 21
Memorandum (non-add) entries:
3100 Obligated balance, start of year 1,416 626 139
3200 Obligated balance, end of year 626 139 21

Budget authority and outlays, net:
Mandatory:
Outlays, gross:
4101 Outlays from mandatory balances 793 503 118
4190 Outlays, net (total) 793 503 118

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


2013 actual 2014 est. 2015 est.

Enacted/requested:
Outlays 793 503 118
Legislative proposal, subject to PAYGO:
Budget Authority 15,000
Outlays 50
Total:
Budget Authority 15,000
Outlays 793 503 168

The Neighborhood Stabilization Program (NSP) was first 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. Grantees were allowed to 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.

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.

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. As of January 2014, NSP 3 grantees had expended 80 percent of funds. Most grantees intend to expend 100 percent of their NSP3 grant funds by March 31, 2014, and HUD will closely monitor their performance and provide technical assistance or implement sanctions as appropriate.

The Budget proposes $15 billion in mandatory funding for Project Rebuild which would build upon the success of the NSP program and expand opportunities for grantees to address abandoned and foreclosed properties. Funds will be distributed via formula to State and local governments as well as competitively to governmental, non-profit and for-profit entities. Building upon proven approaches, Project Rebuild will bring in expertise and capital from the private sector, increase eligibility of commercial properties, focus on property improvements, expand innovative solutions like land banks, and fund job training programs to strengthen local workforce capacity. Collectively, these programs will not only create construction and other jobs but will help reduce blight and crime, foster economic development, stabilize housing prices and neighborhoods, and help worst-affected communities turn the corner to recovery.

Neighborhood Stabilization Program

(Legislative proposal, subject to PAYGO)

Program and Financing (in millions of dollars)


Identification code 86–0344–4–1–451 2013 actual 2014 est. 2015 est.

Obligations by program activity:
0001 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:
3010 Obligations incurred, unexpired accounts 15,000
3020 Outlays (gross) –50



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

Budget authority and outlays, net:
Mandatory:
4090 Budget authority, gross 15,000
Outlays, gross:
4100 Outlays from new mandatory authority 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; the continuum of care program as authorized under subtitle C of title IV of such Act; and the rural housing stability assistance program as authorized under subtitle D of title IV of such Act, [$2,105,000,000] $2,406,400,000, to remain available until September 30, [2016] 2017: Provided, That any rental assistance amounts that are recaptured under such continuum of care program shall remain available until expended: Provided further, That not less than [$250,000,000] $215,000,000 of the funds appropriated under this heading shall be available for such emergency solutions grants program: Provided further, That not less than [$1,815,000,000] $2,184,400,000 of the funds appropriated under this heading shall be available for such continuum of care and rural housing stability assistance programs: Provided further, That up to [$6,000,000] $7,000,000 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 and the rural housing stability assistance 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 may 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, performance measures, 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: Provided further, That with respect to funds provided under this heading for the continuum of care program for fiscal years 2012, 2013, and 2014, provision of permanent housing rental assistance may be administered by private nonprofit organizations: Provided further, That not later than 180 days after awarding fiscal year 2013 funds described in the previous proviso to private nonprofit organizations, the Secretary of Housing and Urban Development shall submit to the House and Senate Committees on Appropriations, the House Committee on Financial Services, and the Senate Committee on Banking, Housing, and Urban Affairs a report that includes a review of the history of and need for the authority provided in the previous proviso, the number and geographic distribution of persons assisted under such actions, an analysis of the effectiveness, advantages, and disadvantages of the authority under the previous proviso and such other information as may be necessary to assess the ongoing need for such authority: Provided further, That the Department shall notify grantees of their formula allocation from amounts allocated (which may represent initial or final amounts allocated) for the emergency solutions grant program within 60 days of enactment of this Act]. (Department of Housing and Urban Development Appropriations Act, 2014.)

Program and Financing (in millions of dollars)


Identification code 86–0192–0–1–604 2013 actual 2014 est. 2015 est.

Obligations by program activity:
0002 National Homeless Data Analysis Project 7 6 7
0004 Sec. 8 Mod Rehab Amendments 2 1 1
0005 Section 8 Moderate Rehabilitation SRO 2 1 1
0009 Continuum of Care (SPC, SHP, Rural) 1,851 1,755 2,072
0010 Emergency Solutions Grants - Formula 224 240 225



0900 Total new obligations (object class 41.0) 2,086 2,003 2,306

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 2,023 1,879 2,001
1021 Recoveries of prior year unpaid obligations 27 20 20



1050 Unobligated balance (total) 2,050 1,899 2,021
Budget authority:
Appropriations, discretionary:
1100 Appropriation 2,033 2,105 2,406
1130 Appropriations permanently reduced –100



1160 Appropriation, discretionary (total) 1,933 2,105 2,406
1930 Total budgetary resources available 3,983 4,004 4,427
Memorandum (non-add) entries:
1940 Unobligated balance expiring –18
1941 Unexpired unobligated balance, end of year 1,879 2,001 2,121

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 2,474 2,691 2,638
3010 Obligations incurred, unexpired accounts 2,086 2,003 2,306
3020 Outlays (gross) –1,736 –2,036 –1,992
3040 Recoveries of prior year unpaid obligations, unexpired –27 –20 –20
3041 Recoveries of prior year unpaid obligations, expired –106



3050 Unpaid obligations, end of year 2,691 2,638 2,932
Memorandum (non-add) entries:
3100 Obligated balance, start of year 2,474 2,691 2,638
3200 Obligated balance, end of year 2,691 2,638 2,932

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 1,933 2,105 2,406
Outlays, gross:
4010 Outlays from new discretionary authority 2 21 24
4011 Outlays from discretionary balances 1,734 2,015 1,968



4020 Outlays, gross (total) 1,736 2,036 1,992
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) 1,933 2,105 2,406
4080 Outlays, net (discretionary) 1,735 2,036 1,992
4180 Budget authority, net (total) 1,933 2,105 2,406
4190 Outlays, net (total) 1,735 2,036 1,992

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 homelessness—particularly chronic homelessness—through the development of local plans.

The 2015 Budget provides $2.406 billion for a wide range of activities to assist homeless persons and prevent future occurrences of homelessness. HUD estimates it will use $2.184 billion for competitive renewals and new permanent supportive housing in the CoC program and $215 million for ESG. The Budget also includes $7 million for the National Homeless Data Analysis Project.

The 2015 Budget makes significant progress toward ending homelessness by supporting the goals of the Federal Strategic Plan to Prevent and End Homelessness which was published by the U.S. Interagency Council on Homelessness in 2010. Supported by the collection of robust data and using best practices from across the country, the Budget sets a path for achieving the Administration's ambitious goals of ending Veterans homelessness by 2015 and ending chronic homelessness by 2016.

In 2015, HUD will continue the implementation of the McKinney-Vento Act as amended by the HEARTH Act.

Permanent Supportive Housing

Program and Financing (in millions of dollars)


Identification code 86–0342–0–1–604 2013 actual 2014 est. 2015 est.

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 36 27 20
3020 Outlays (gross) –9 –7 –7



3050 Unpaid obligations, end of year 27 20 13
Memorandum (non-add) entries:
3100 Obligated balance, start of year 36 27 20
3200 Obligated balance, end of year 27 20 13

Budget authority and outlays, net:
Discretionary:
Outlays, gross:
4011 Outlays from discretionary balances 9 7 7
4190 Outlays, net (total) 9 7 7

This program was created by the Supplemental Appropriations Act, 2008 (P.L. 110–252), and 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 was for permanent supportive housing, serving approximately 1,000 homeless individuals and families living with disabilities. The LRA is eligible to apply for Homeless Assistance Grants to renew this assistance. Additionally, this account provided $23 million in project-based rental assistance vouchers to LRA to support an estimated 2,000 elderly and disabled disaster victims, as authorized. 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 2013 actual 2014 est. 2015 est.

Obligations by program activity:
0001 Border Capital Community Initiative 2
0002 Delta Capital Community Initiative 1
0003 Appalachia Economic Development Initiative 1



0900 Total new obligations (object class 41.0) 2 2

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



1050 Unobligated balance (total) 4 5 4
1930 Total budgetary resources available 4 5 4
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 4 3 2

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 24 12 5
3010 Obligations incurred, unexpired accounts 2 2
3020 Outlays (gross) –11 –8 –4
3040 Recoveries of prior year unpaid obligations, unexpired –1 –1 –1



3050 Unpaid obligations, end of year 12 5 2
Memorandum (non-add) entries:
3100 Obligated balance, start of year 24 12 5
3200 Obligated balance, end of year 12 5 2

Budget authority and outlays, net:
Discretionary:
Outlays, gross:
4011 Outlays from discretionary balances 11 8 4
4190 Outlays, net (total) 11 8 4

The 2015 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 2013 actual 2014 est. 2015 est.

Obligations by program activity:
0001 Revolving Fund 1 1 1



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

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



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

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 9 10 9
3010 Obligations incurred, unexpired accounts 1 1 1
3020 Outlays (gross) –2 –2



3050 Unpaid obligations, end of year 10 9 8
Memorandum (non-add) entries:
3100 Obligated balance, start of year 9 10 9
3200 Obligated balance, end of year 10 9 8

Budget authority and outlays, net:
Mandatory:
4090 Budget authority, gross 1 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) 1 1 1
4190 Outlays, net (total) 2 2

Status of Direct Loans (in millions of dollars)


Identification code 86–4015–0–3–451 2013 actual 2014 est. 2015 est.

Cumulative balance of direct loans outstanding:
1210 Outstanding, start of year 5 5 5



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. For example, 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 but has since ceased to originate new loans for over 20 years ago. 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.

Balance Sheet (in millions of dollars)


Identification code 86–4015–0–3–451 2012 actual 2013 actual

ASSETS:
1101 Federal assets: Fund balances with Treasury 9 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 10 11
LIABILITIES:
2207 Non-Federal liabilities: Other 1 1
NET POSITION:
3100 Unexpended appropriations 9 10


4999 Total liabilities and net position 10 11

Community Development Loan Guarantees Program Account

[For the cost of guaranteed loans, $3,000,000, to remain available until September 30, 2015, as authorized by] Subject to section 502 of the Congressional Budget Act of 1974, during fiscal year 2015, commitments to guarantee loans under section 108 of the Housing and Community Development Act of 1974 (42 U.S.C. 5308), any part of which is guaranteed, shall not exceed a total principal amount of $500,000,000: Provided, That [such costs, including the cost of modifying such loans, shall be defined in section 502 of the Congressional Budget Act of 1974: Provided further, That additionally,] the Secretary [may] shall collect fees from borrowers [, notwithstanding subsection (m) of such section 108] to result in a cost of zero for guaranteeing such loans, and any such fees shall be collected in accordance with section 502(7) of the Congressional Budget Act of 1974 [: Provided further, That the funds provided under this heading and any amounts from any such fees collected are available to subsidize total loan principal, any part of which is to be guaranteed, not to exceed $150,000,000, notwithstanding any aggregate limitation on outstanding obligations guaranteed in section 108(k) of the Housing and Community Development Act of 1974, as amended]. (Department of Housing and Urban Development Appropriations Act, 2014.)

Program and Financing (in millions of dollars)


Identification code 86–0198–0–1–451 2013 actual 2014 est. 2015 est.

Obligations by program activity:
Credit program obligations:
0702 Loan guarantee subsidy 6 7
0707 Reestimates of loan guarantee subsidy 7 2
0708 Interest on reestimates of loan guarantee subsidy 1



0900 Total new obligations (object class 33.0) 14 9

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 4 4
1001 Discretionary unobligated balance brought fwd, Oct 1 4 4



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



1160 Appropriation, discretionary (total) 6 3
Appropriations, mandatory:
1200 Appropriation 8 2



1260 Appropriations, mandatory (total) 8 2
1900 Budget authority (total) 14 5
1930 Total budgetary resources available 18 9
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 4

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 13 17 15
3010 Obligations incurred, unexpired accounts 14 9
3020 Outlays (gross) –10 –11 –6



3050 Unpaid obligations, end of year 17 15 9
Memorandum (non-add) entries:
3100 Obligated balance, start of year 13 17 15
3200 Obligated balance, end of year 17 15 9

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 6 3
Outlays, gross:
4011 Outlays from discretionary balances 2 9 6
Mandatory:
4090 Budget authority, gross 8 2
Outlays, gross:
4100 Outlays from new mandatory authority 8 2
4180 Budget authority, net (total) 14 5
4190 Outlays, net (total) 10 11 6

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


Identification code 86–0198–0–1–451 2013 actual 2014 est. 2015 est.

Guaranteed loan levels supportable by subsidy budget authority:
215001 Community development loan guarantee levels 231 313 500



215999 Total loan guarantee levels 231 313 500
Guaranteed loan subsidy (in percent):
232001 Community development loan guarantee levels 2.46 2.56 0.00



232999 Weighted average subsidy rate 2.46 2.56 0.00
Guaranteed loan subsidy budget authority:
233001 Community development loan guarantee levels 6 8



233999 Total subsidy budget authority 6 8
Guaranteed loan subsidy outlays:
234001 Community development loan guarantee levels 1 2 5



234999 Total subsidy outlays 1 2 5
Guaranteed loan upward reestimates:
235001 Community development loan guarantee levels 8 3



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



237999 Total downward reestimate subsidy budget authority –3 –7

The Community Development Loan Guarantee program (Section 108) supports economic development projects, housing rehabilitation, and the rehabilitation, construction or installation of public facilities for the benefit of low- to moderate-income persons or to aid in the prevention of slums. The 2015 Budget increases the guaranteed loan limit to $500 million, but does not request credit subsidy for the program. The Budget requires HUD to collect fees to offset credit subsidy costs such that the program operates at a zero credit subsidy cost. The Budget also proposes legislative changes to the Housing and Community Development Act of 1974 to align to the new fee structure. Carryover loan guarantee credit subsidy in this account will continue to be used until exhausted.

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 2013 actual 2014 est. 2015 est.

Obligations by program activity:
Credit program obligations:
0742 Downward reestimate paid to receipt account 2 5
0743 Interest on downward reestimates 1 3



0900 Total new obligations 3 8

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 109 124 125
Financing authority:
Spending authority from offsetting collections, mandatory:
1800 Collected 15 9 9
1801 Change in uncollected payments, Federal sources 3



1850 Spending auth from offsetting collections, mand (total) 18 9 9
1930 Total budgetary resources available 127 133 134
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 124 125 134

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 8
3010 Obligations incurred, unexpired accounts 3 8
3020 Financing disbursements (gross) –3



3050 Unpaid obligations, end of year 8 8
Uncollected payments:
3060 Uncollected pymts, Fed sources, brought forward, Oct 1 –14 –17 –17
3070 Change in uncollected pymts, Fed sources, unexpired –3



3090 Uncollected pymts, Fed sources, end of year –17 –17 –17
Memorandum (non-add) entries:
3100 Obligated balance, start of year –14 –17 –9
3200 Obligated balance, end of year –17 –9 –9

Financing authority and disbursements, net:
Mandatory:
4090 Financing authority, gross 18 9 9
Financing disbursements:
4110 Financing disbursements, gross 3
Offsets against gross financing authority and disbursements:
Offsetting collections (collected) from:
4120 Federal Sources: Payments from Program Account –10 –5 –5
4122 Interest on uninvested funds –5 –4 –4



4130 Offsets against gross financing auth and disbursements (total) –15 –9 –9
Additional offsets against financing authority only (total):
4140 Change in uncollected pymts, Fed sources, unexpired –3
4170 Financing disbursements, net (mandatory) –12 –9 –9
4190 Financing disbursements, net (total) –12 –9 –9

Status of Guaranteed Loans (in millions of dollars)


Identification code 86–4096–0–3–451 2013 actual 2014 est. 2015 est.

Position with respect to appropriations act limitation on commitments:
2111 Limitation on guaranteed loans made by private lenders 240 150 500
2121 Limitation available from carry-forward 159 163
2142 Uncommitted loan guarantee limitation –5
2143 Uncommitted limitation carried forward –163



2150 Total guaranteed loan commitments 231 313 500
2199 Guaranteed amount of guaranteed loan commitments 231 313 500

Cumulative balance of guaranteed loans outstanding:
2210 Outstanding, start of year 2,148 1,989 1,949
2231 Disbursements of new guaranteed loans 87 210 210
2251 Repayments and prepayments –246 –250 –250



2290 Outstanding, end of year 1,989 1,949 1,909

Memorandum:
2299 Guaranteed amount of guaranteed loans outstanding, end of year 1,989 1,949 1,909

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 2012 actual 2013 actual

ASSETS:
1101 Federal assets: Fund balances with Treasury 107 96


1999 Total assets 107 96
LIABILITIES:
2204 Non-Federal liabilities: Liabilities for loan guarantees 107 96


4999 Total liabilities and net position 107 96

Community Development Loan Guarantees Liquidating Account

Program and Financing (in millions of dollars)


Identification code 86–4097–0–3–451 2013 actual 2014 est. 2015 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 2013 actual 2014 est. 2015 est.

Cumulative balance of guaranteed loans outstanding:
2210 Outstanding, start of year 5 1
2251 Repayments and prepayments –4 –1



2290 Outstanding, end of year 1

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

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 2012 actual 2013 actual

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


1999 Total assets 6

Housing Programs

Federal Funds

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, [$9,516,628,000] $9,346,000,000, to remain available until expended, shall be available on October 1, [2013] 2014 (in addition to the $400,000,000 previously appropriated under this heading that became available October 1, [2013] 2014), and $400,000,000, to remain available until expended, shall be available on October 1, [2014] 2015: 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 senior preservation rental assistance contracts, as authorized by section 811 (e) of the American Housing and Economic Opportunity Act of 2000, as amended (12 U.S.C. 1701q note), 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] $210,000,000 shall be available for [assistance agreements with] grants or cooperative agreements under such terms and procedures as determined by the Secretary and in accordance with section 204 of this title for 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 or a Housing Finance Agency 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. (Department of Housing and Urban Development Appropriations Act, 2014.)

Program and Financing (in millions of dollars)


Identification code 86–0303–0–1–604 2013 actual 2014 est. 2015 est.

Obligations by program activity:
0001 Contract Renewals 8,020 9,382 8,952
0002 RAD Contract Renewals 1 70
0003 Section 8 Amendments 580 612 590
0004 Contract Administrators 218 265 210
0005 Vouchers for Disaster Relief 1 1
0006 Tenant Information and Outreach 2 3



0900 Total new obligations (object class 41.0) 8,818 10,263 9,826

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 181 258
1021 Recoveries of prior year unpaid obligations 44



1050 Unobligated balance (total) 225 258
Budget authority:
Appropriations, discretionary:
1100 Appropriation 8,939 9,517 9,346
1120 Appropriations transferred to other accts [86–0402] –15
1121 Appropriations transferred from other accts [86–0163] 1 52
1121 Appropriations transferred from other accts [86–0304] 18
1130 Appropriations permanently reduced –488



1160 Appropriation, discretionary (total) 8,451 9,518 9,401
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 87 25



1750 Spending auth from offsetting collections, disc (total) 87 25
1900 Budget authority (total) 8,851 10,005 9,826
1930 Total budgetary resources available 9,076 10,263 9,826
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 258

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 5,613 4,958 5,274
3010 Obligations incurred, unexpired accounts 8,818 10,263 9,826
3020 Outlays (gross) –9,429 –9,947 –10,365
3040 Recoveries of prior year unpaid obligations, unexpired –44



3050 Unpaid obligations, end of year 4,958 5,274 4,735
Memorandum (non-add) entries:
3100 Obligated balance, start of year 5,613 4,958 5,274
3200 Obligated balance, end of year 4,958 5,274 4,735

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 8,851 10,005 9,826
Outlays, gross:
4010 Outlays from new discretionary authority 3,952 5,393 5,302
4011 Outlays from discretionary balances 5,477 4,554 5,063



4020 Outlays, gross (total) 9,429 9,947 10,365
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4033 Non-Federal sources –87 –25
4180 Budget authority, net (total) 8,851 9,918 9,801
4190 Outlays, net (total) 9,429 9,860 10,340

The Budget requests $9.746 billion for Project-Based Rental Assistance (PBRA), of which $400 million is requested as an advance appropriation to become available in 2016. 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 17,400 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 shifts funding for PBRA contracts to a calendar year cycle, which is consistent with current practice in the Tenant-Based Rental Assistance and Public Housing programs and should result in more predictable funding cycles in future years. HUD does not expect this new funding method to have a significant impact on tenants or other stakeholders because there is no change in contract terms or duration.

The Budget proposes legislative reforms to HUD's core rental assistance programs, including PBRA. In addition to these 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) 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 (2) amends the Low-Income Housing Preservation and Resident Homeownership Act (LIHPRHA) to align prepayment and owner distribution policies in properties governed by LIHPRHA with other PBRA-assisted properties in order to facilitate preservation transactions. While some proposals 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 2014.

Finally, the Budget proposes to expand eligibility for the Family Self Sufficiency (FSS) program to PBRA properties, and to allow certain properties in the Other Assisted Housing account to convert to PBRA via the Rental Assistance Demonstration (RAD). More information on these proposals is available under the FSS and RAD headings.

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. 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 agreements 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 $210 million for this purpose.

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, [$383,500,000] $440,000,000 to remain available until September 30, [2017] 2018: Provided, That of the amount provided under this heading, up to [$72,000,000] $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 September 30, [2017] 2018: 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 funds, may be used by the Secretary for demonstration programs to test housing with services models for the elderly that demonstrate the potential to delay or avoid the need for nursing home care: 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. (Department of Housing and Urban Development Appropriations Act, 2014.)

Program and Financing (in millions of dollars)


Identification code 86–0320–0–1–604 2013 actual 2014 est. 2015 est.

Obligations by program activity:
0001 Construction and Expansion 11 64 106
0002 PRAC Renewal/Amendment 264 302 345
0003 Service Coordinators/Congregate Services 86 51 68
0004 Conversion to Assisted Living Facilities 27 20
0005 Pre-Construction Demonstration 1
0006 Senior Preservation Rental Assistance Contracts 16



0900 Total new obligations (object class 41.0) 389 453 519

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 182 156 97
1021 Recoveries of prior year unpaid obligations 9



1050 Unobligated balance (total) 191 156 97
Budget authority:
Appropriations, discretionary:
1100 Appropriation 375 384 440
1120 Appropriations transferred to other accts [86–0402] –2
1130 Appropriations permanently reduced –20



1160 Appropriation, discretionary (total) 355 384 438
Spending authority from offsetting collections, discretionary:
1700 Collected 10 38



1750 Spending auth from offsetting collections, disc (total) 10 38
1900 Budget authority (total) 355 394 476
1930 Total budgetary resources available 546 550 573
Memorandum (non-add) entries:
1940 Unobligated balance expiring –1
1941 Unexpired unobligated balance, end of year 156 97 54

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 2,807 2,318 2,088
3010 Obligations incurred, unexpired accounts 389 453 519
3020 Outlays (gross) –855 –683 –801
3040 Recoveries of prior year unpaid obligations, unexpired –9
3041 Recoveries of prior year unpaid obligations, expired –14



3050 Unpaid obligations, end of year 2,318 2,088 1,806
Memorandum (non-add) entries:
3100 Obligated balance, start of year 2,807 2,318 2,088
3200 Obligated balance, end of year 2,318 2,088 1,806

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 355 394 476
Outlays, gross:
4010 Outlays from new discretionary authority 57 132 177
4011 Outlays from discretionary balances 798 551 624



4020 Outlays, gross (total) 855 683 801
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4033 Non-Federal sources –10 –38
4180 Budget authority, net (total) 355 384 438
4190 Outlays, net (total) 855 673 763

Since 1959, the Housing for the Elderly program (Section 202) has supported the construction and operation of supportive housing for very low-income elderly households, including frail elderly. The Budget provides $350 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 for new supportive housing units. HUD is implementing changes authorized by the Consolidated Appropriations Act, 2014 that create a new generation of Section 202 housing with supportive services targeted at populations most in need of affordable housing. HUD will provide assistance to States to fund housing projects in coordination with state housing and health care priorities. Funded projects must be leveraged with other capital resources, such as Low-Income Housing Tax Credits, HOME funds, and other Federal, state, and local programs, with Section 202 funds used only for operating assistance. The Budget also continues authorities to make better use of existing resources. Using these, HUD will identify residual receipts collections, recaptures, and other unobligated balances to redirect as additional investments in housing for the elderly.

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] $160,000,000, to remain available until September 30, [2017] 2018: 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, in this fiscal year, 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 September 30, [2017] 2018: 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. (Department of Housing and Urban Development Appropriations Act, 2014.)

Program and Financing (in millions of dollars)


Identification code 86–0237–0–1–604 2013 actual 2014 est. 2015 est.

Obligations by program activity:
0001 Construction and Expansion 4 34 3
0002 PRAC Renewals/Amendments 90 98 125
0003 Mainstream Voucher Renewals 1
0004 State Housing Project Rental Assistance 226 42
0005 PAC Renewals/Amendments 7



0900 Total new obligations (object class 41.0) 102 358 170

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 184 241 13
1021 Recoveries of prior year unpaid obligations 4



1050 Unobligated balance (total) 188 241 13
Budget authority:
Appropriations, discretionary:
1100 Appropriation 165 126 160
1120 Appropriations transferred to other accts [86–0402] –1
1130 Appropriations permanently reduced –9



1160 Appropriation, discretionary (total) 156 126 159
Spending authority from offsetting collections, discretionary:
1700 Collected 4 17



1750 Spending auth from offsetting collections, disc (total) 4 17
1900 Budget authority (total) 156 130 176
1930 Total budgetary resources available 344 371 189
Memorandum (non-add) entries:
1940 Unobligated balance expiring –1
1941 Unexpired unobligated balance, end of year 241 13 19

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 663 540 676
3010 Obligations incurred, unexpired accounts 102 358 170
3020 Outlays (gross) –218 –222 –192
3040 Recoveries of prior year unpaid obligations, unexpired –4
3041 Recoveries of prior year unpaid obligations, expired –3



3050 Unpaid obligations, end of year 540 676 654
Memorandum (non-add) entries:
3100 Obligated balance, start of year 663 540 676
3200 Obligated balance, end of year 540 676 654

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 156 130 176
Outlays, gross:
4010 Outlays from new discretionary authority 16 21 39
4011 Outlays from discretionary balances 202 201 153



4020 Outlays, gross (total) 218 222 192
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4033 Non-Federal sources –4 –17
4180 Budget authority, net (total) 156 126 159
4190 Outlays, net (total) 218 218 175

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 $135 million to renew and amend operating subsidy contracts for existing Section 811 housing, and $25 million for new Project Rental Assistance (PRA) awards to state housing agencies. The latter will fund units that serve extremely low-income tenants with disabilities transitioning out of institutions, tenants with disabilities at high risk of institutionalization, or tenants with disabilities experiencing homelessness or at high risk of homelessness. HUD will continue to fund supportive housing projects in coordination with state housing and health care priorities. PRA projects must be 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 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.

The Budget also continues authorities to make better use of existing resources. Using these, HUD will identify residual receipts collections, recaptures, and other unobligated balances to redirect as additional investments in PRA awards.

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, [$45,000,000] $60,000,000, to remain available until September 30, 2016, including up to $4,500,000 for administrative contract services: Provided, [That grants made available from amounts provided under this heading shall be awarded within 120 days of enactment of this Act: Provided further,] 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. (Department of Housing and Urban Development Appropriations Act, 2014.)

Program and Financing (in millions of dollars)


Identification code 86–0156–0–1–604 2013 actual 2014 est. 2015 est.

Obligations by program activity:
0001 Housing Counseling Assistance 40 40 55
0002 Administrative Contract Services 2 5 5



0900 Total new obligations 42 45 60

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 1 1
Budget authority:
Appropriations, discretionary:
1100 Appropriation 45 45 60
1130 Appropriations permanently reduced –2



1160 Appropriation, discretionary (total) 43 45 60
1930 Total budgetary resources available 43 46 61
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 1 1 1

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 38 35 18
3010 Obligations incurred, unexpired accounts 42 45 60
3020 Outlays (gross) –44 –62 –54
3041 Recoveries of prior year unpaid obligations, expired –1



3050 Unpaid obligations, end of year 35 18 24
Memorandum (non-add) entries:
3100 Obligated balance, start of year 38 35 18
3200 Obligated balance, end of year 35 18 24

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 43 45 60
Outlays, gross:
4010 Outlays from new discretionary authority 9 27 36
4011 Outlays from discretionary balances 35 35 18



4020 Outlays, gross (total) 44 62 54
4180 Budget authority, net (total) 43 45 60
4190 Outlays, net (total) 44 62 54

The Housing Counseling Assistance Program provides comprehensive housing counseling services to eligible homeowners and tenants through grants, oversight, technical assistance and training to non-profit intermediaries, state governmental entities, and other agencies with a local or national presence. Eligible counseling activities include pre- and post-purchase education, personal financial management, reverse mortgage counseling, foreclosure prevention, loss mitigation, homelessness prevention, and rental counseling. The objectives of the Housing Counseling program include overcoming barriers to stable and affordable housing, expanding homeownership opportunities, preventing foreclosure, and deterring discrimination, scams and fraud. In accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act, the Housing Counseling Assistance Program will implement and oversee the individual testing and certification of all housing counselors providing HUD-approved counseling and will launch the Office of Housing Counseling Federal Advisory Committee. The 2015 Budget includes $60 million for this program, the bulk of which funds grants to HUD-approved Housing Counseling agencies for direct services.

Object Classification (in millions of dollars)


Identification code 86–0156–0–1–604 2013 actual 2014 est. 2015 est.

Direct obligations:
25.2 Other services from non-Federal sources 5 5
41.0 Grants, subsidies, and contributions 42 40 55



99.9 Total new obligations 42 45 60

Energy Innovation Fund

Program and Financing (in millions of dollars)


Identification code 86–0401–0–1–272 2013 actual 2014 est. 2015 est.

Obligations by program activity:
0001 Energy Efficient Mortgage Innovation Pilot 3



0900 Total new obligations (object class 41.0) 3

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



1050 Unobligated balance (total) 9
1930 Total budgetary resources available 9
Memorandum (non-add) entries:
1940 Unobligated balance expiring –6

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 40 36 17
3010 Obligations incurred, unexpired accounts 3
3020 Outlays (gross) –6 –19 –9
3040 Recoveries of prior year unpaid obligations, unexpired –1



3050 Unpaid obligations, end of year 36 17 8
Memorandum (non-add) entries:
3100 Obligated balance, start of year 40 36 17
3200 Obligated balance, end of year 36 17 8

Budget authority and outlays, net:
Discretionary:
Outlays, gross:
4011 Outlays from discretionary balances 6 19 9
4190 Outlays, net (total) 6 19 9

The Energy Innovation Fund provided support for local initiatives that could 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. There have been no appropriations for this program since 2010 and this account now reflects only the liquidation of prior year obligations.

Emergency Homeowners' Relief Fund

Program and Financing (in millions of dollars)


Identification code 86–0407–0–1–371 2013 actual 2014 est. 2015 est.

Obligations by program activity:
Credit program obligations:
0701 Direct loan subsidy 4



0900 Total new obligations (object class 41.0) 4

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 185 181
1029 Other balances withdrawn –181



1050 Unobligated balance (total) 185
1930 Total budgetary resources available 185
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 181

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 215 166 103
3010 Obligations incurred, unexpired accounts 4
3020 Outlays (gross) –53 –63 –66



3050 Unpaid obligations, end of year 166 103 37
Memorandum (non-add) entries:
3100 Obligated balance, start of year 215 166 103
3200 Obligated balance, end of year 166 103 37

Budget authority and outlays, net:
Mandatory:
Outlays, gross:
4101 Outlays from mandatory balances 53 63 66
4190 Outlays, net (total) 53 63 66

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


Identification code 86–0407–0–1–371 2013 actual 2014 est. 2015 est.

Direct loan levels supportable by subsidy budget authority:
115001 Emergency Homeowners' Relief 4



115999 Total direct loan levels 4
Direct loan subsidy (in percent):
132001 Emergency Homeowners' Relief 97.71 0.00 0.00



132999 Weighted average subsidy rate 97.71 0.00 0.00
Direct loan subsidy budget authority:
133001 Emergency Homeowners' Relief 4



133999 Total subsidy budget authority 4
Direct loan subsidy outlays:
134001 Emergency Homeowners' Relief 18



134999 Total subsidy outlays 18

The Emergency Homeowners' Loan Program (EHLP) provided emergency mortgage assistance to homeowners who were unemployed or underemployed due to economic or medical conditions. The program became effective October 1, 2010 and, per statute, stopped accepting applications on September 30, 2011. This account reflects no new obligations but displays the liquidation of prior year obligations.

Emergency Homeowners' Relief Financing Account

Program and Financing (in millions of dollars)


Identification code 86–4357–0–3–371 2013 actual 2014 est. 2015 est.

Obligations by program activity:
Credit program obligations:
0710 Direct loan obligations 4



0900 Total new obligations 4

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 3 1 1
1020 Adjustment of unobligated bal brought forward, Oct 1 –3
1029 Other balances withdrawn –1 –1
Financing authority:
Borrowing authority, mandatory:
1400 Borrowing authority 1



1440 Borrowing authority, mandatory (total) 1
Spending authority from offsetting collections, mandatory:
1800 Positive Subsidy 18
1800 Repayments 1 1
1801 Change in uncollected payments, Federal sources –14



1850 Spending auth from offsetting collections, mand (total) 4 1 1
1900 Financing authority (total) 5 1 1
1930 Total budgetary resources available 5 1 1
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 1 1 1

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 51 36 36
3010 Obligations incurred, unexpired accounts 4
3020 Financing disbursements (gross) –19



3050 Unpaid obligations, end of year 36 36 36
Uncollected payments:
3060 Uncollected pymts, Fed sources, brought forward, Oct 1 –50 –36 –36
3070 Change in uncollected pymts, Fed sources, unexpired 14



3090 Uncollected pymts, Fed sources, end of year –36 –36 –36
Memorandum (non-add) entries:
3100 Obligated balance, start of year 1

Financing authority and disbursements, net:
Mandatory:
4090 Financing authority, gross 5 1 1
Financing disbursements:
4110 Financing disbursements, gross 19
Offsets against gross financing authority and disbursements:
Offsetting collections (collected) from:
4120 Federal sources –18
4123 Repayments of principal, net –1 –1



4130 Offsets against gross financing auth and disbursements (total) –18 –1 –1
Additional offsets against financing authority only (total):
4140 Change in uncollected pymts, Fed sources, unexpired 14



4160 Financing authority, net (mandatory) 1
4170 Financing disbursements, net (mandatory) 1 –1 –1
4180 Financing authority, net (total) 1
4190 Financing disbursements, net (total) 1 –1 –1

Status of Direct Loans (in millions of dollars)


Identification code 86–4357–0–3–371 2013 actual 2014 est. 2015 est.

Position with respect to appropriations act limitation on obligations:
1121 Limitation available from carry-forward 771 767 767
1143 Unobligated limitation carried forward (P.L. xx) (-) –767 –767 –767



1150 Total direct loan obligations 4

Cumulative balance of direct loans outstanding:
1210 Outstanding, start of year 68 63 42
1231 Disbursements: Direct loan disbursements 19
1251 Repayments: Repayments and prepayments –1 –1
1263 Write-offs for default: Direct loans –24 –20 –20



1290 Outstanding, end of year 63 42 21

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 2012 actual 2013 actual

ASSETS:
1101 Federal assets: Fund balances with Treasury 4 4
Net value of assets related to post-1991 direct loans receivable:
1401 Direct loans receivable, gross 68 63
1405 Allowance for subsidy cost (-) –68 –63


1499 Net present value of assets related to direct loans


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


4999 Total upward reestimate subsidy BA [86–0407] 4 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] $28,000,000, 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]

[(rescission)]

[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 rescinded: Provided, That no amounts may be rescinded 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.] (Department of Housing and Urban Development Appropriations Act, 2014.)

Program and Financing (in millions of dollars)


Identification code 86–0206–0–1–999 2013 actual 2014 est. 2015 est.

Obligations by program activity:
0001 Rent supplement 14 17 15
0002 Homeownership and rental housing assistance (Sections 235 and 236) 21 26 23



0900 Total new obligations (object class 41.0) 35 43 38

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 70 49 25
1021 Recoveries of prior year unpaid obligations 28 2
1025 Unobligated balance of contract authority withdrawn –9
1029 Other balances withdrawn –9



1050 Unobligated balance (total) 80 51 25
Budget authority:
Appropriations, discretionary:
1100 Appropriation 1 21 28
1131 Unobligated balance of appropriations permanently reduced –4



1160 Appropriation, discretionary (total) 1 17 28
Appropriations, mandatory:
1200 Appropriation 397 444 22
1238 Appropriations applied to liquidate contract authority –397 –444 –22
Spending authority from offsetting collections, discretionary:
1700 Collected 3



1750 Spending auth from offsetting collections, disc (total) 3
1900 Budget authority (total) 4 17 28
1930 Total budgetary resources available 84 68 53
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 49 25 15

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 1,961 1,574 1,243
3010 Obligations incurred, unexpired accounts 35 43 38
3020 Outlays (gross) –394 –372 –300
3040 Recoveries of prior year unpaid obligations, unexpired –28 –2



3050 Unpaid obligations, end of year 1,574 1,243 981
Memorandum (non-add) entries:
3100 Obligated balance, start of year 1,961 1,574 1,243
3200 Obligated balance, end of year 1,574 1,243 981

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 4 17 28
Outlays, gross:
4010 Outlays from new discretionary authority 1 8 13
4011 Outlays from discretionary balances 393 364 287



4020 Outlays, gross (total) 394 372 300
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4033 Non-Federal sources –3
4180 Budget authority, net (total) 1 17 28
4190 Outlays, net (total) 391 372 300

Memorandum (non-add) entries:
5052 Obligated balance, SOY: Contract authority 872 466 22
5053 Obligated balance, EOY: Contract authority 466 22

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 5,000 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 11,000 units) also have rental assistance contracts with HUD through the Rental Assistance Payment (RAP) program.
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 while long term preservation strategies are pursued. The Rental Assistance Demonstration (RAD) currently enables owners of properties with expiring Rent Supplement or RAP contracts to convert their assistance to long-term, project-based voucher contracts. The Budget proposes to extend and expand RAD conversion options for Rent Supplement and RAP contracts. More information on this Demonstration is available under the RAD heading.

Homeownership and Opportunity for People Everywhere Grants (HOPE Grants)

Program and Financing (in millions of dollars)


Identification code 86–0196–0–1–604 2013 actual 2014 est. 2015 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.

Green Retrofit Program for Multifamily Housing, Recovery Act

Program and Financing (in millions of dollars)


Identification code 86–0306–0–1–604 2013 actual 2014 est. 2015 est.

Obligations by program activity:
0001 Direct program activity 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 4 1
3010 Obligations incurred, unexpired accounts 1
3041 Recoveries of prior year unpaid obligations, expired –4 –1



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

Budget authority and outlays, net:
Mandatory:
4090 Budget authority, gross 1
4180 Budget authority, net (total) 1

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


Identification code 86–0306–0–1–604 2013 actual 2014 est. 2015 est.

Direct loan downward reestimates:
137001 Energy Retrofit Loans –5



137999 Total downward reestimate budget authority –5

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).

Rental Housing Assistance Fund

Program and Financing (in millions of dollars)


Identification code 86–4041–0–3–604 2013 actual 2014 est. 2015 est.

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



0900 Total new obligations (object class 94.0) 3

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 4 4 7
Budget authority:
Spending authority from offsetting collections, mandatory:
1800 Collected 3 3 3



1850 Spending auth from offsetting collections, mand (total) 3 3 3
1930 Total budgetary resources available 7 7 10
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 4 7 10

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

Budget authority and outlays, net:
Mandatory:
4090 Budget authority, gross 3 3 3
Outlays, gross:
4101 Outlays from mandatory balances 3
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4123 Non-Federal sources –3 –3 –3
4190 Outlays, net (total) –3 –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 Consolidated Appropriations Act, 2014 included a general provision that eliminated the mandated 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 2013 actual 2014 est. 2015 est.

Reimbursable obligations:
94.0 Financial transfers 3
99.0 Reimbursable obligations 3

Flexible Subsidy Fund

Program and Financing (in millions of dollars)


Identification code 86–4044–0–3–604 2013 actual 2014 est. 2015 est.

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 255 294 338
Budget authority:
Spending authority from offsetting collections, discretionary:
1700 Collected 41 44 44
1723 New and/or unobligated balance of spending authority from offsetting collections temporarily reduced –2



1750 Spending auth from offsetting collections, disc (total) 39 44 44
1930 Total budgetary resources available 294 338 382
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 294 338 382

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 39 44 44
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4030 Federal sources –3
4033 Non-Federal sources –38 –44 –44



4040 Offsets against gross budget authority and outlays (total) –41 –44 –44



4070 Budget authority, net (discretionary) –2
4080 Outlays, net (discretionary) –41 –44 –44
4180 Budget authority, net (total) –2
4190 Outlays, net (total) –41 –44 –44

Memorandum (non-add) entries:
5090 Unavailable balance, SOY: Offsetting collections 2 2
5091 Unavailable balance, EOY: Offsetting collections 2 2 2

Status of Direct Loans (in millions of dollars)


Identification code 86–4044–0–3–604 2013 actual 2014 est. 2015 est.

Cumulative balance of direct loans outstanding:
1210 Outstanding, start of year 533 508 483
1251 Repayments: Repayments and prepayments –25 –25 –25



1290 Outstanding, end of year 508 483 458

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 Consolidated Appropriations Act, 2014 included a general provision that eliminated the mandated 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 2012 actual 2013 actual

ASSETS:
1101 Federal assets: Fund balances with Treasury 255 296
1601 Direct loans, gross 508 479
1602 Interest receivable 96 92
1603 Allowance for estimated uncollectible loans and interest (-) –44 –49


1699 Value of assets related to direct loans 560 522


1999 Total assets 815 818
NET POSITION:
3100 Unexpended appropriations 255 296
3300 Cumulative results of operations 560 522


3999 Total net position 815 818


4999 Total liabilities and net position 815 818

Home Ownership Preservation Equity Fund Program Account

Program and Financing (in millions of dollars)


Identification code 86–0343–0–1–371 2013 actual 2014 est. 2015 est.

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 461 462
1023 Unobligated balances applied to repay debt –462



1050 Unobligated balance (total) 461
Budget authority:
Spending authority from offsetting collections, mandatory:
1800 Collected 1



1850 Spending auth from offsetting collections, mand (total) 1
1900 Budget authority (total) 1
1930 Total budgetary resources available 462
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 462

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

Budget authority and outlays, net:
Mandatory:
4090 Budget authority, gross 1
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4120 Federal sources –1
4190 Outlays, net (total) –1

The HOPE for Homeowners program was created by the Housing and Economic Recovery Act of 2008 to help homeowners at risk of default and foreclosure refinance into more affordable, sustainable loans. Under the Program, eligible homeowners refinanced their current mortgage loans into a new mortgage insured by FHA. The program ended on September 30, 2011. This account now only reflects the liquidation of prior year obligations.

Home Ownership Preservation Entity Fund Financing Account

Program and Financing (in millions of dollars)


Identification code 86–4353–0–3–371 2013 actual 2014 est. 2015 est.

Obligations by program activity:
Credit program obligations:
0711 Default claim payments on principal 3 2 2
0712 Default claim payments on interest 1 1



0900 Total new obligations 3 3 3

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 20 19 17
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 22 20 18
Memorandum (non-add) entries:
1941 Unexpired unobligated balance, end of year 19 17 15

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



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

Financing authority and disbursements, net:
Mandatory:
4090 Financing authority, gross 2 1 1
Financing disbursements:
4110 Financing disbursements, gross 3 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 2013 actual 2014 est. 2015 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 122 113 109
2251 Repayments and prepayments –6 –2 –2
2262 Adjustments: Terminations for default that result in acquisition of property –3 –2 –2



2290 Outstanding, end of year 113 109 105

Memorandum:
2299 Guaranteed amount of guaranteed loans outstanding, end of year 113 109 105

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 2012 actual 2013 actual

ASSETS:
1101 Federal assets: Fund balances with Treasury 16 20
Net value of assets related to post-1991 acquired defaulted guaranteed loans receivable:
1504 Foreclosed property 1
1505 Allowance for subsidy cost (-) –1


1599 Net present value of assets related to defaulted guaranteed loans


1999 Total assets 16 20
LIABILITIES:
2204 Non-Federal liabilities: Liabilities for loan guarantees 16 20


4999 Total liabilities and net position 16 20

Nehemiah Housing Opportunity Fund

Program and Financing (in millions of dollars)


Identification code 86–4071–0–3–604 2013 actual 2014 est. 2015 est.

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



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

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 1
3040 Recoveries of prior year unpaid obligations, unexpired –1
Memorandum (non-add) entries:
3100 Obligated balance, start of year 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.

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] 2016: Provided, That during fiscal year [2014] 2015, 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] $170,000,000, to remain available until September 30, [2015] 2016, of which up to $15,000,000 may be used for necessary salaries and expenses of the Federal Housing Administration, which is in addition to amounts otherwise provided under this title for such purposes: Provided further, That any amounts to be used in fiscal year 2015 for such salaries and expenses pursuant to the previous proviso shall be transferred to the "Housing" account under the heading "Program Office Salaries and Expenses" under this title and shall remain available until September 30, 2015, and any such transferred amounts may be transferred back to this account on or before September 30, 2015, and shall remain available until September 30, 2016: Provided further, That to the extent guaranteed loan commitments exceed $200,000,000,000 on or before April 1, 2014, 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: Provided further, That receipts from administrative support fees collected pursuant to section 202 of the National Housing Act, as amended by section 244 of this title, shall be credited as offsetting collections to this account. (Department of Housing and Urban Development Appropriations Act, 2014.)

Program and Financing (in millions of dollars)


Identification code 86–0183–0–1–371 2013 actual 2014 est. 2015 est.

Obligations by program activity:
Credit program obligations:
0707 Reestimates of loan guarantee subsidy 22,744 5,067
0708 Interest on reestimates of loan guarantee subsidy 4,929 702
0709 Administrative expenses 110 161 169



0900 Total new obligations 27,783 5,930 169

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 15 34
1001 Discretionary unobligated balance brought fwd, Oct 1 15
1011 Unobligated balance transfer from other accts [86–0236] 3,293
1020 Adjustment of unobligated bal brought forward, Oct 1 1
1021 Recoveries of prior year unpaid obligations 1



1050 Unobligated balance (total) 3,310 34
Budget authority:
Appropriations, discretionary:
1100 Appropriation - Administrative Expenses 207 127 170
1120 Appropriations transferred to other accts [86–4586] –68
1120 Appropriations transferred to other accts [86–0402] –1
1130 Appropriations permanently reduced –11



1160 Appropriation, discretionary (total) 128 127 169
Appropriations, mandatory:
1200 Appropriation 1,686



1260 Appropriations, mandatory (total) 1,686
Spending authority from offsetting collections, discretionary:
1700 Collected 30
1725 Spending authority from offsetting collections precluded from obligation (limitation on obligations) –30
Spending authority from offsetting collections, mandatory:
1811 Spending authority from offsetting collections transferred from other accounts [86–0236] 22,694 5,769



1850 Spending auth from offsetting collections, mand (total) 22,694 5,769
1900 Budget authority (total) 24,508 5,896 169
1930 Total budgetary resources available 27,818 5,930 169
Memorandum (non-add) entries:
1940 Unobligated balance expiring –1
1941 Unexpired unobligated balance, end of year 34

Change in obligated balance:
Unpaid obligations:
3000 Unpaid obligations, brought forward, Oct 1 155 148 207
3001 Adjustments to unpaid obligations, brought forward, Oct 1 –1
3010 Obligations incurred, unexpired accounts 27,783 5,930 169
3020 Outlays (gross) –27,780 –5,871 –147
3040 Recoveries of prior year unpaid obligations, unexpired –1
3041 Recoveries of prior year unpaid obligations, expired –8



3050 Unpaid obligations, end of year 148 207 229
Memorandum (non-add) entries:
3100 Obligated balance, start of year 154 148 207
3200 Obligated balance, end of year 148 207 229

Budget authority and outlays, net:
Discretionary:
4000 Budget authority, gross 128 127 169
Outlays, gross:
4010 Outlays from new discretionary authority 11 13 17
4011 Outlays from discretionary balances 96 89 130



4020 Outlays, gross (total) 107 102 147
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4033 Non-Federal sources –30
Mandatory:
4090 Budget authority, gross 24,380 5,769
Outlays, gross:
4100 Outlays from new mandatory authority 24,380 5,769
4101 Outlays from mandatory balances 3,293



4110 Outlays, gross (total) 27,673 5,769
4180 Budget authority, net (total) 24,508 5,896 139
4190 Outlays, net (total) 27,780 5,871 117

Memorandum (non-add) entries:
5091 Unavailable balance, EOY: Offsetting collections 30

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


Identification code 86–0183–0–1–371 2013 actual 2014 est. 2015 est.

Direct loan levels supportable by subsidy budget authority:
115001 MMI Fund, Direct loans 20 20



115999 Total direct loan levels 20 20
Direct loan subsidy (in percent):
132001 MMI Fund, Direct loans 0.00 0.00 0.00



132999 Weighted average subsidy rate 0.00 0.00 0.00

Guaranteed loan levels supportable by subsidy budget authority:
215002 MMI Fund 240,126 139,737 134,707
215004 MMI HECM 14,776 13,493 15,860
215005 MMI Refi 262 300 75



215999 Total loan guarantee levels 255,164 153,530 150,642
Guaranteed loan subsidy (in percent):
232002 MMI Fund –7.11 –7.25 –9.03
232004 MMI HECM –2.47 –0.41 –0.23
232005 MMI Refi 0.00 0.00 0.00



232999 Weighted average subsidy rate –6.83 –6.63 –8.10
Guaranteed loan subsidy budget authority:
233002 MMI Fund –17,078 –10,131 –12,164
233004 MMI HECM –366 –55 –36
233007 HAWK Pilot 10



233999 Total subsidy budget authority –17,444 –10,186 –12,190
Guaranteed loan subsidy outlays:
234002 MMI Fund –17,079 –10,131 –12,164
234004 MMI HECM –366 –55 –36
234007 HAWK Pilot 10



234999 Total subsidy outlays –17,445 –10,186 –12,190
Guaranteed loan upward reestimates:
235002 MMI Fund 22,156 4,722
235004 MMI HECM 5,517 1,046



235999 Total upward reestimate budget authority 27,673 5,768
Guaranteed loan downward reestimates:
237002 MMI Fund –5,241 –1,488
237004 MMI HECM –1,762



237999 Total downward reestimate subsidy budget authority –5,241 –3,250

Administrative expense data:
3510 Budget authority 128 161 169
3580 Outlays from balances 96 89 47
3590 Outlays from new authority 11 13 13

The Federal Housing Administration (FHA) provides mortgage insurance to encourage lenders to make credit available to borrowers for whom the conventional market does not adequately serve. These include first-time homebuyers, minorities, lower-income families, and residents of underserved areas (central cities and rural areas). In recent years, FHA has also served broader populations, providing access as conventional financing became scarce.

In 2015, the Budget requests a limitation of $400 billion on loan guarantees for the Mutual Mortgage Insurance (MMI) Fund. The Budget projects insurance of $135 billion in single family forward mortgages and $15.9 billion in Home Equity Conversion Mortgages (HECMs) with additional commitment authority available in case these amounts are exceeded during execution. Since October 2010, FHA has increased its annual premium six times, the most recent increase was implemented in May 2013. Additionally, FHA ended a policy whereby borrowers were permitted to stop paying annual insurance premiums when their loans amortized to a certain percentage of the original principal balance. FHA also now requires manual underwriting for loans with credit scores below 620 and debt-to-income ratios greater than 43 percent in order to ensure that such borrowers possess compensating factors that accord with FHA underwriting guidelines.

Apart from the Budget, HUD is pursuing a comprehensive legislative package which will give FHA the tools it needs to build upon the many administrative steps it has taken since 2009 to strengthen FHA Single Family Programs. These items will allow FHA to enhance enforcement , create certainty for FHA approved lenders, and enhance loss mitigation opportunities for borrowers with FHA approved loans. In total, all these steps will reduce losses to the MMI Fund.

Enhanced Indemnification Authority to Obtain Indemnification for Direct Endorsement Lenders._In order to originate FHA insured loans, lenders must be approved by FHA to be either a Lender Insurance or a Direct Endorsement Lender. FHA can only seek indemnification from lenders with Lender Insurance approval. This authority would provide FHA the ability to treat both classes of FHA approved lenders equally with respect to non-compliant loans.

Authority to Terminate Origination and Underwriting Approval._HUD will continue to seek authority to terminate lender approval on a broader geographic basis for institutions with default rates significantly higher than their peers.

Directed Sub-Servicing._HUD will seek authority enabling FHA to, on a case by case basis, require third party servicing of loans by institutions better equipped to reduce losses to the fund and assist borrowers.

Revise FHA's Compare Ratio._In an effort to provide greater clarity and certainty to lenders while enabling FHA to more effectively minimize poor lender performance and resulting losses, HUD seeks legislative authority to revise the calculation for the Compare Ratio to better reflect the modern lending environment.

The Budget requests an appropriation of $170 million in administrative expenses, which will allow FHA to implement improved risk management systems critical for FHA's oversight of its insured portfolio. The Budget also requests authority to charge lenders an administrative support fee, which would generate an estimated $30 million in offsetting collections in this account. These additional resources will fund enhancements to administrative contract support and FHA staffing, with a focus on increasing the number of loans reviewed annually for quality assurance. By increasing capacity to review recently endorsed loans, FHA will ensure lender compliance with FHA endorsement policies and reduce losses to the FHA insurance fund. The Budget allows for a transfer of up to $15 million from this account to the Office of Housing Salaries and Expenses account.

As required by the Federal Credit Reform Act of 1990, this account records the subsidy costs, if any, associated with the loan guarantees committed in 1992 and thereafter. The subsidy amounts are estimated on a present value basis.

Object Classification (in millions of dollars)


Identification code 86–0183–0–1–371 2013 actual 2014 est. 2015 est.

Direct obligations:
25.2 Other services from non-Federal sources 110 161 169
41.0 Grants, subsidies, and contributions 22,744 5,067
43.0 Interest and dividends 4,929 702



99.9 Total new obligations 27,783 5,930 169

FHA-mutual Mortgage Insurance Direct Loan Financing Account

Program and Financing (in millions of dollars)


Identification code 86–4242–0–3–371 2013 actual 2014 est. 2015 est.

Obligations by program activity:
0003 Claims & other 4 4
Credit program obligations:
0710 Direct loan obligations 20 20
0713 Payment of interest to Treasury 2 2



0791 Direct program activities, subtotal 22 22



0900 Total new obligations 26 26

Budgetary Resources:
Unobligated balance:
1000 Unobligated balance brought forward, Oct 1 5 6 25
Financing authority:
Borrowing authority, mandatory:
1400 Borrowing authority 1 20 20



1440 Borrowing authority, mandatory (total) 1 20 20
Spending authority from offsetting collections, mandatory:
1800