CORRECTION: The webcast of HUD’s FY17 budget request will be tomorrow, Wednesday, February 10 (not today as we reported in this week’s Memo to Members). To join the 1 – 2pm ET webcast, go to http://portalapps.hud.gov/HUDMediaChannel/liveplayer.jsp or, with captions, to http://portalapps.hud.gov/HUDMediaChannel/liveplayer_secondary.jsp.
UPDATE: On February 8, HUD announced that President Barack Obama’s FY17 request, to be released today at 11am ET, will include a “historic investment” in ending family homelessness. The HUD request will include $11 billion over the next 10 years, of which about $8.8 billion for the housing choice voucher program and about $2.2 billion for short term housing assistance. The request is also expected to include a request for discretionary spending in FY17 for 10,000 new vouchers; rapid rehousing assistance for 8,000 new families; 25,000 new units of supportive housing; and $25 million for testing innovative projects for youth experiencing homelessness. It appears that the $11 billion would be mandatory spending; the details will be revealed in today’s budget request release.