[Appendix]
[Detailed Budget Estimates by Agency]
[Department of Housing and Urban Development]
[From the U.S. Government Printing Office, www.gpo.gov]
<h1>DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
</h1>
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, $50,000,000,
to remain available through September 30, 2019: 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 086–0406–0–1–604
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
RAD Incremental Conversion Cost
50
0100
Direct program activities, subtotal
50
0900
Total new obligations (object class 41.0)
50
Budgetary resources:
Budget authority:
Appropriations, discretionary:
1100
Appropriation
50
1160
Appropriation, discretionary (total)
50
1930
Total budgetary resources available
50
Change in obligated balance:
Unpaid obligations:
3010
Obligations incurred, unexpired accounts
50
3050
Unpaid obligations, end of year
50
Memorandum (non-add) entries:
3200
Obligated balance, end of year
50
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
50
4180
Budget authority, net (total)
50
In 2016, 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 2016, the Budget requests $50 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 25,000 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 185,000 unit cap on Public Housing and Section 8 Mod Rehab conversions ; and (2) clarifies that the sunset
date for conversions of Rent Supp, RAP and Mod Rehab properties under the second component of RAD has been eliminated. 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, [$15,304,160,000] $17,123,496,210, to remain available until [expended] September 30, 2018, shall be available on October 1, [2014]2015 (in addition to the $4,000,000,000 previously appropriated under this heading that became available on October 1, [2014] 2015), and $4,000,000,000, to remain available until [expended] September 30, 2019, shall be available on October 1, [2015] 2016: Provided, That the amounts made available under this heading are provided as follows:
(1) [$17,486,000,000] $18,333,816,000 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 or 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 [2015] 2016 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, HOPE VI, and Choice Neighborhoods vouchers: Provided further, That in determining calendar year [2015] 2016 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 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), prorate 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, [2015] 2016: Provided further, That the Secretary may extend the notification period with [the prior written approval of] notification to the House and Senate Committees on Appropriations: Provided further, That public housing agencies participating in the MTW demonstration shall be funded pursuant to their MTW agreements and
shall be subject to the same pro rata adjustments under the previous provisos: Provided further, That the Secretary may offset public housing agencies' calendar year [2015] 2016 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 [2014] 2015 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, [excluding amounts subject to the single fund budget authority provisions of their MTW agreements,] 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 [$120,000,000] $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; (4) for adjustments
for public housing agencies with voucher leasing rates at the end of the calendar year that exceed the average leasing for
the 12-month period used to establish the allocation, and for additional leasing of vouchers that were issued but not leased
prior to the end of such calendar year; and (5) for public housing agencies that despite taking reasonable cost savings measures,
as determined by the Secretary, would otherwise be required to terminate rental assistance for families as a result of insufficient
funding; and (6) for adjustments in the allocations for public housing agencies that experienced a significant increase, as determined
by the Secretary, in renewal costs as a result of participation in the Small Area Fair Market Rent demonstration: Provided further, That the Secretary shall allocate amounts under the previous proviso based on need, as determined by the Secretary;
(2) $277,000,000 shall be for incremental rental voucher assistance under section 8(o) of the Act to be distributed based
on relative need, as determined by the Secretary: Provided, That the Secretary shall make such funding available, notwithstanding
section 204 (competition provision) of this title;
[(2)](3) [$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)](4) [$1,530,000,000] $2,020,037,000 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 $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 [$1,520,000,000] $2,010,037,000 of the amount provided in this paragraph shall be allocated to public housing agencies for the calendar year [2015] 2016 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, [excluding] 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)](5) [$83,160,000] $107,643,210 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]4) 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 the Secretary shall set aside an amount provided under this paragraph for a rental assistance and supportive housing
demonstration program for Native American veterans that are homeless or at-risk of homelessness living on or near a reservation
or other Indian areas: Provided further, That such demonstration program shall be modeled after, with necessary and appropriate adjustments for Native American grant
recipients and veterans, the rental assistance and supportive housing program funded under this paragraph, including administration
in conjunction with the Department of Veterans Affairs and overall implementation of section 8(o)(19) of the Act: Provided further, That amounts for rental assistance and associated administrative costs shall be made available by grants to recipients eligible
to receive block grants under the Native American Housing Assistance and Self-Determination Act of 1996 (25 U.S.C. section
4101 et seq.): Provided further, That funds shall be awarded based on need, administrative capacity, and any other funding criteria established by the Secretary
in a Notice published in the Federal Register after coordination with the Secretary of the Department of Veterans Affairs
within 180 days of enactment of this Act: Provided further, That such rental assistance shall be administered by block grant recipients in accordance with program requirements under
the Native American Housing Assistance and Self-Determination Act of 1996: Provided further, That the first and second provisos under this paragraph shall apply to use of funds made available for this demonstration,
as appropriate: Provided further, That the Secretary, in coordination with the Secretary of the Department of Veterans Affairs, shall coordinate with block
grant recipients and any other appropriate tribal organizations on the design of such demonstration and shall ensure the effective
delivery of supportive services to Native American veterans that are homeless or at-risk of homelessness eligible to receive
assistance under this demonstration: Provided further, That grant recipients shall report to the Secretary, as prescribed by the Secretary, utilization of such rental assistance
provided under this demonstration: Provided further, That assistance made available under this paragraph shall continue to remain available for homeless veterans upon turn-over;
and]
(6) $177,500,000 shall be used for incremental rental voucher assistance for use by families, veterans, and tribal families who
are experiencing homelessness, as well as victims of domestic and dating violence: Provided, That eligibility for veterans
is made without regard to discharge status: Provided further, That the Secretary shall make such funding available through
a competitive process to public housing agencies that partner with eligible Continuums of Care, as identified by the Secretary
and to recipients eligible to receive block grants under the Native American Housing Assistance and Determination Act of 1996
(NAHASDA) (25 U.S.C. section 4101 et seq.): Provided further, That assistance provided to recipients eligible under NAHASDA
shall be subject to requirements of NAHASDA: Provided further, That the Secretary may waive, or specify alternative requirements
for any provision or statute or regulation that the Secretary administers in connection with the use of funds made available
under this paragraph 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 the Secretary shall issue guidance
to implement the previous proviso;
(7) $37,500,000 shall be made available to provide incremental rental voucher assistance for victims of domestic violence,
dating violence, sexual assault, or stalking, as defined by the Violence Against Women Act Reauthorization Act of 2013 (Public
Law 113–4), who require an emergency transfer: Provided further, That the Secretary shall issue guidance to implement this
paragraph;
(8) $20,000,000 shall be made available for new incremental voucher assistance through the Family Unification Program: Provided,
That the assistance made available under this paragraph shall continue to remain available for family unification upon turnover:
Provided further, That the amounts made available under this paragraph shall be used only in connection with tenant-based
assistance on behalf of—
(A) any family—
(i) who is otherwise eligible for such assistance; and
(ii) who the public child welfare agency for the jurisdiction has certified is a family for whom the lack of adequate housing
is a primary factor in the imminent placement of the family's child or children in out-of-home care; and
(B) for a period not to exceed 60 months, otherwise eligible youths who have attained at least 18 years of age and not more
than 21 years of age and who have left foster care at age 16 or older; and
(9) The Secretary shall separately track all special purpose vouchers funded under this heading. (Department of Housing and Urban Development Appropriations Act, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–0302–0–1–604
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
Tenant Protection
114
153
150
0002
Administrative Fees
1,522
1,611
2,020
0003
Family Self Sufficiency Coordinators
57
0006
Contract Renewals
17,314
17,561
18,313
0007
Rental Assistance Demonstration
32
63
0008
Veterans Affairs Supportive Housing Vouchers
69
89
0009
Family Unification Program Vouchers
20
0012
Disaster Housing Assistance Program
2
0013
Section 811 Mainstream Vouchers
105
115
108
0014
Need-Based Vouchers
277
0015
Families, Veterans, Tribal Homelessness Vouchers
178
0016
Domestic and Dating Violence Vouchers
38
0900
Total new obligations (object class 41.0)
19,181
19,563
21,167
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
225
227
1021
Recoveries of prior year unpaid obligations
5
1050
Unobligated balance (total)
230
227
Budget authority:
Appropriations, discretionary:
1100
Appropriation
15,177
15,304
17,124
1120
Appropriations transferred to other accts [086–0402]
–20
1121
Appropriations transferred from other acct [086–0304]
8
16
1121
Appropriations transferred from other acct [086–0163]
1
24
47
1160
Appropriation, discretionary (total)
15,178
15,336
17,167
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)
19,178
19,336
21,167
1930
Total budgetary resources available
19,408
19,563
21,167
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
227
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
1,879
2,767
2,526
3010
Obligations incurred, unexpired accounts
19,181
19,563
21,167
3020
Outlays (gross)
–18,288
–19,804
–20,929
3040
Recoveries of prior year unpaid obligations, unexpired
–5
3050
Unpaid obligations, end of year
2,767
2,526
2,764
Memorandum (non-add) entries:
3100
Obligated balance, start of year
1,879
2,767
2,526
3200
Obligated balance, end of year
2,767
2,526
2,764
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
19,178
19,336
21,167
Outlays, gross:
4010
Outlays from new discretionary authority
16,396
17,632
19,260
4011
Outlays from discretionary balances
1,892
2,172
1,669
4020
Outlays, gross (total)
18,288
19,804
20,929
4180
Budget authority, net (total)
19,178
19,336
21,167
4190
Outlays, net (total)
18,288
19,804
20,929
The 2016 Budget provides $21.1 billion for the Tenant-Based Rental Assistance program (also known as the Housing Choice Voucher
program). With this funding, the Housing Choice Voucher program will provide housing assistance to about 2.4 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 2,300 state and local Public Housing Authorities (PHAs) administer the Housing Choice Voucher
program.
The Budget provides sufficient funding for contract renewals to continue assistance for families anticipated to be under lease
in 2015, including renewing over 14,000 vouchers for persons with disabilities, and also restores reductions in assisted housing
units that resulted from cuts due to sequestration and reduced funding levels in 2013.
The 2016 Budget builds on the successes of previous special purpose voucher initiatives and includes $177.5 million for about
22,500 new vouchers for families, veterans, and tribal families experiencing homelessness as well as victims of domestic or
dating violence. These vouchers are to be distributed through a competitive grant process to PHAs with demonstrated need who
partner with relevant Continuums of Care for appropriate wraparound services. The Budget also includes $37.5 million in funding
for approximately 5,000 new vouchers for victims and survivors of domestic or dating violence, sexual assault, and stalking
requiring an emergency transfer from their current assisted housing, as established by the Violence Against Women Act of 2013.
These vouchers would be administered in a centralized fashion to address occurrences as they arise. The Budget also requests
$20 million for about 2,500 Family Unification Program vouchers, which would ease and facilitate children's transition from
foster care to independent adulthood as well as assist families who have children in foster care due to a lack of safe and
adequate housing. Finally, the Budget supports $277 million for approximately 37,000 vouchers that will be distributed to
PHAs via an allocation method based on relative need. In total, this incremental need-based assistance combined with the new
competitive special purpose vouchers restore the approximately 67,000 vouchers that were lost as a result of sequestration
cuts in 2013.
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. The Budget also provides $2.0 billion in administrative fees representing an approximate fee
eligibility proration of 90 percent.
The Budget includes an incremental expansion of the Moving to Work (MTW) program to high-capacity PHAs to test and rigorously
evaluate innovative models for improving self-sufficiency, mobility, academic performance and other outcomes for HUD-assisted
tenants. This expansion, which is included in a general provision, is limited to 15 PHAs and 150,000 aggregate vouchers and
public housing units. Program requirements and selection criteria will be subject to public comment, and PHAs must maintain
a minimum 90% utilization of their voucher funds for the duration of their participation in MTW, as well as comply with HUD
reporting and evaluation requirements. This proposal preserves resident mobility, participation and other existing requirements
by reducing HUD's statutory waiver authority for new MTW agencies. The Budget supports additional legislative reforms to HUD's
core rental assistance programs, including: (1) allowing fixed-income families to recertify their incomes every three years;
and (2) 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) extending the maximum term of FUP vouchers issued to youth aging out of foster care from 18 to 60 months; and (2) improving
the process for establishing 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.
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 [2015] 2016 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, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–0319–0–1–604
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
Contract Renewals
60
20
0002
Contract Administrators
116
0900
Total new obligations (object class 41.0)
176
20
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
116
156
1021
Recoveries of prior year unpaid obligations
41
23
23
1029
Other balances withdrawn
–1
–3
–3
1050
Unobligated balance (total)
156
176
20
Budget authority:
Appropriations, discretionary:
1100
Appropriation
37
15
15
1131
Unobligated balance of appropriations permanently reduced (HCF funds)
–37
–15
–15
1930
Total budgetary resources available
156
176
20
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
156
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
1,527
1,141
1,046
3010
Obligations incurred, unexpired accounts
176
20
3020
Outlays (gross)
–345
–248
–137
3040
Recoveries of prior year unpaid obligations, unexpired
–41
–23
–23
3050
Unpaid obligations, end of year
1,141
1,046
906
Memorandum (non-add) entries:
3100
Obligated balance, start of year
1,527
1,141
1,046
3200
Obligated balance, end of year
1,141
1,046
906
Budget authority and outlays, net:
Discretionary:
Outlays, gross:
4011
Outlays from discretionary balances
345
248
137
4190
Outlays, net (total)
345
248
137
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] $1,970,000,000, to remain available until September 30, [2018] 2019: Provided, That notwithstanding any other provision of law or regulation, during fiscal year [2015] 2016 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 [$5,000,000] $3,000,000 shall be to support ongoing Public Housing Financial and Physical Assessment activities: [Provided further, That up to $3,000,000 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 [$23,000,000] $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 [2015: Provided further, That of the amount made available under the previous proviso, not less than $6,000,000 shall be for safety and security
measures: 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.)] 2016: Provided further, That of the total amount made available under this heading, up to [$15,000,000] $100,000,000 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 for funds provided under this heading, the limitation in section 9(g)(1) of the Act shall be 25 percent: Provided further, That the Secretary may waive the limitation in the previous proviso to allow public housing agencies to fund activities
authorized under section 9(e)(1)(C) of the Act:] Provided further, That of the amount provided for the Jobs-Plus initiative, the Secretary may set aside up to $15,000,000
for competitive grants to Indian tribes and tribally designated housing entities, as defined in section 4(13) of the Native
American Housing Assistance and Self-Determination Act of 1996 (NAHASDA), to provide support to help residents of housing
assisted under NAHASDA obtain employment and increase earnings: Provided further, That such assistance shall be modeled after
the Jobs-Plus initiative, with necessary and appropriate adjustments made by the Secretary for NAHASDA grant recipients and
families living on or near a reservation or other Indian areas: Provided further, That the Secretary may waive, or specify
alternative requirements for, any provision of any statute that the Secretary administers in connection with the use of funds
made available under this heading, upon a finding by the Secretary that any such waivers or alternative requirements are necessary
for the effective use of grants under the previous proviso and after publication in the Federal Register not later than 10
days before the effective date of such waiver or alternative requirement: Provided further, That from the funds made available under this heading, the Secretary shall provide bonus awards in fiscal year [2015] 2016 to public housing agencies that are designated high performers[: Provided further, That the Department shall notify public housing agencies of their formula allocation within 60 days of enactment of this
Act]. (Department of Housing and Urban Development Appropriations Act, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–0304–0–1–604
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
Capital Grants
1,803
1,784
1,847
0002
Technical Assistance
1
0003
Emergency/Disaster Reserve
21
23
20
0006
Resident Opportunities and Supportive Services
17
45
0007
Administrative Receivership
10
3
0008
Financial and Physical Assessment Support
9
5
3
0010
Jobs-Plus Pilot
15
100
0900
Total new obligations (object class 41.0)
1,861
1,875
1,970
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
84
101
82
1021
Recoveries of prior year unpaid obligations
4
1029
Other balances withdrawn
–1
1050
Unobligated balance (total)
87
101
82
Budget authority:
Appropriations, discretionary:
1100
Appropriation
1,875
1,875
1,970
1120
Appropriations transferred to other accts [086–0303]
–1
–11
–16
1120
Appropriations transferred to other accts [086–0302]
–8
–16
1120
Appropriations transferred to other accts [086–0402]
–15
1160
Appropriation, discretionary (total)
1,874
1,856
1,923
Spending authority from offsetting collections, discretionary:
1700
Collected
2
1750
Spending auth from offsetting collections, disc (total)
2
1900
Budget authority (total)
1,876
1,856
1,923
1930
Total budgetary resources available
1,963
1,957
2,005
Memorandum (non-add) entries:
1940
Unobligated balance expiring
–1
1941
Unexpired unobligated balance, end of year
101
82
35
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
4,257
3,958
4,050
3001
Adjustments to unpaid obligations, brought forward, Oct 1
10
3010
Obligations incurred, unexpired accounts
1,861
1,875
1,970
3020
Outlays (gross)
–2,164
–1,783
–1,884
3040
Recoveries of prior year unpaid obligations, unexpired
–4
3041
Recoveries of prior year unpaid obligations, expired
–2
3050
Unpaid obligations, end of year
3,958
4,050
4,136
Memorandum (non-add) entries:
3100
Obligated balance, start of year
4,267
3,958
4,050
3200
Obligated balance, end of year
3,958
4,050
4,136
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
1,876
1,856
1,923
Outlays, gross:
4010
Outlays from new discretionary authority
117
21
22
4011
Outlays from discretionary balances
2,034
1,762
1,862
4020
Outlays, gross (total)
2,151
1,783
1,884
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4030
Federal sources
–2
4033
Non-Federal sources
–1
4040
Offsets against gross budget authority and outlays (total)
–3
Additional offsets against gross budget authority only:
4052
Offsetting collections credited to expired accounts
1
4070
Budget authority, net (discretionary)
1,874
1,856
1,923
4080
Outlays, net (discretionary)
2,148
1,783
1,884
Mandatory:
Outlays, gross:
4101
Outlays from mandatory balances
13
4180
Budget authority, net (total)
1,874
1,856
1,923
4190
Outlays, net (total)
2,161
1,783
1,884
The Budget proposes $1.97 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). An additional $100 million is requested to scale up Jobs-Plus, an evidence-based
program for increasing the employment and earnings of public housing residents. Up to $15 million in Jobs-Plus funding will
be used to implement a demonstration of the Jobs-Plus model in Indian Country. The request also includes up to $20 million
for emergency capital needs resulting from non-Presidentially declared emergencies and natural disasters and up to $3 million
for financial and physical assessments of Public Housing and other HUD-assisted properties.
Public housing operating fund
For [2015] 2016 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)), [$4,440,000,000] $4,600,000,000. (Department of Housing and Urban Development Appropriations Act, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–0163–0–1–604
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
Operating Subsidy
4,396
4,388
4,488
0900
Total new obligations (object class 41.0)
4,396
4,388
4,488
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
3
3
Budget authority:
Appropriations, discretionary:
1100
Appropriation
4,400
4,440
4,600
1120
Appropriations transferred to other accts [086–0302]
–1
–24
–47
1120
Appropriations transferred to other accts [086–0303]
–28
–47
1120
Appropriations transferred to other accts [086–0402]
–18
1160
Appropriation, discretionary (total)
4,399
4,388
4,488
1900
Budget authority (total)
4,399
4,388
4,488
1930
Total budgetary resources available
4,402
4,391
4,488
Memorandum (non-add) entries:
1940
Unobligated balance expiring
–3
–3
1941
Unexpired unobligated balance, end of year
3
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
1,036
1,146
1,185
3010
Obligations incurred, unexpired accounts
4,396
4,388
4,488
3020
Outlays (gross)
–4,285
–4,349
–4,461
3041
Recoveries of prior year unpaid obligations, expired
–1
3050
Unpaid obligations, end of year
1,146
1,185
1,212
Memorandum (non-add) entries:
3100
Obligated balance, start of year
1,036
1,146
1,185
3200
Obligated balance, end of year
1,146
1,185
1,212
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
4,399
4,388
4,488
Outlays, gross:
4010
Outlays from new discretionary authority
3,259
3,203
3,276
4011
Outlays from discretionary balances
1,026
1,146
1,185
4020
Outlays, gross (total)
4,285
4,349
4,461
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)
4,399
4,388
4,488
4080
Outlays, net (discretionary)
4,283
4,349
4,461
4180
Budget authority, net (total)
4,399
4,388
4,488
4190
Outlays, net (total)
4,283
4,349
4,461
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) additional flexibility for PHAs to use their operating funds
for capital fund activities, and vice versa; and (2) a utilities conservation pilot to encourage PHAs to undertake energy
and water conservation measures and reduce Federal costs.
Drug Elimination Grants for Low-income Housing
Program and Financing (in millions of dollars)
Identification code 086–0197–0–1–604
2014 actual
2015 est.
2016 est.
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
1
1
Budget authority:
Appropriations, discretionary:
1131
Unobligated balance of appropriations permanently reduced
–1
1160
Appropriation, discretionary (total)
–1
1930
Total budgetary resources available
1
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
1
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
–1
4180
Budget authority, net (total)
–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, [$80,000,000] $250,000,000, to remain available until September 30, [2017] 2018: 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 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 of the amount provided, not less than $50,000,000 shall be awarded to public housing authorities:] 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, including recaptures, remaining from funds appropriated under the heading "Revitalization of
Severely Distressed Public Housing (HOPE VI)" in fiscal year 2011 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, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–0349–0–1–604
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
Choice Neighborhoods Grants
125
116
248
0002
Choice Neighborhoods HAP & Admin
1
0900
Total new obligations (object class 41.0)
126
116
248
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
116
81
45
1021
Recoveries of prior year unpaid obligations
1
1050
Unobligated balance (total)
117
81
45
Budget authority:
Appropriations, discretionary:
1100
Appropriation
90
80
250
1120
Appropriations transferred to other accts [086–0402]
–2
1160
Appropriation, discretionary (total)
90
80
248
1930
Total budgetary resources available
207
161
293
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
81
45
45
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
117
232
288
3010
Obligations incurred, unexpired accounts
126
116
248
3020
Outlays (gross)
–10
–60
–88
3040
Recoveries of prior year unpaid obligations, unexpired
–1
3050
Unpaid obligations, end of year
232
288
448
Memorandum (non-add) entries:
3100
Obligated balance, start of year
117
232
288
3200
Obligated balance, end of year
232
288
448
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
90
80
248
Outlays, gross:
4011
Outlays from discretionary balances
10
60
88
4180
Budget authority, net (total)
90
80
248
4190
Outlays, net (total)
10
60
88
The Budget proposes $250 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
approximately 8 implementation grants and 5–10 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 security, expand educational opportunities,
increase access to quality, affordable housing, and improve public safety. The President announced the first five Promise
Zone communities in 2014 and will create an additional 15 Zones by the end of calendar year 2016. The Budget includes companion
investments of $150 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.
The Budget also includes a general provision to make the allocation of Choice Neighborhoods funding for the HOPE VI Main Street
Housing Grants program optional rather than required.
Revitalization of Severely Distressed Public Housing (HOPE VI)
Program and Financing (in millions of dollars)
Identification code 086–0218–0–1–604
2014 actual
2015 est.
2016 est.
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
5
5
5
1930
Total budgetary resources available
5
5
5
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
5
5
5
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
383
286
196
3020
Outlays (gross)
–97
–90
–80
3050
Unpaid obligations, end of year
286
196
116
Memorandum (non-add) entries:
3100
Obligated balance, start of year
383
286
196
3200
Obligated balance, end of year
286
196
116
Budget authority and outlays, net:
Discretionary:
Outlays, gross:
4011
Outlays from discretionary balances
97
90
80
4190
Outlays, net (total)
97
90
80
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] $85,000,000, to remain available until September 30, [2016] 2017: Provided, That the Secretary may, by Federal Register notice, waive or specify alternative requirements [under sections b(3), b(4), b(5), or c(1) of] to section 23 of such Act in order 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: Provided further, That owners of [a privately owned] multifamily [property] properties with [a] project-based subsidy contracts under section 8 [contract] may compete for funding under this heading and/or voluntarily make a Family Self-Sufficiency program available to the assisted tenants of such property in accordance with procedures
established by the Secretary: Provided further, That such procedures established pursuant to the previous proviso shall permit participating tenants to accrue escrow funds
in accordance with section 23(d)(2) and shall allow owners to use funding from residual receipt accounts to hire coordinators
for their own Family Self-Sufficiency program[: Provided further, That the Secretary may carry out a demonstration testing the effectiveness of combining vouchers for homeless youth under
the Family Unification Program authorized under section 8(x) of the United States Housing Act of 1937 (42 U.S.C. 1437 et seq.)
("the Act" herein) with assistance under the Family Self-Sufficiency program authorized under section 23 of the Act: Provided further, That the Secretary may establish alternative requirements to those contained in section 8(x) of the Act to facilitate such
a demonstration: Provided further, That any public housing agency that has existing Family Unification Program vouchers and an established Family Self-Sufficiency
program may participate in such demonstration provided that they can demonstrate (1) an agreement with the public child welfare
agency or agencies to serve the target population; (2) capacity to serve the target population; (3) the success of the agency's
existing Family Self-Sufficiency program in serving residents; (4) partnerships with local organizations that serve homeless
youth; and (5) any other factors established by the Secretary: Provided further, That the Secretary shall monitor and evaluate the demonstration and report on whether the demonstration helped homeless
youth achieve self-sufficiency]. (Department of Housing and Urban Development Appropriations Act, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–0350–0–1–604
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
Family Self-Sufficiency
75
75
84
0900
Total new obligations (object class 41.0)
75
75
84
Budgetary resources:
Budget authority:
Appropriations, discretionary:
1100
Appropriation
75
75
85
1120
Appropriations transferred to other accts [086–0402]
–1
1160
Appropriation, discretionary (total)
75
75
84
1930
Total budgetary resources available
75
75
84
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
75
75
3010
Obligations incurred, unexpired accounts
75
75
84
3020
Outlays (gross)
–75
–75
3050
Unpaid obligations, end of year
75
75
84
Memorandum (non-add) entries:
3100
Obligated balance, start of year
75
75
3200
Obligated balance, end of year
75
75
84
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
75
75
84
Outlays, gross:
4011
Outlays from discretionary balances
75
75
4180
Budget authority, net (total)
75
75
84
4190
Outlays, net (total)
75
75
The Budget requests $85 million for the 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. FSS provides service
coordination through community partnerships that link assisted residents with employment assistance, job training, child care,
transportation, financial literacy, and other supportive services. Residents participating in FSS are provided an interest
bearing escrow account; any rent increase resulting from increased earned income during their participation in the program
is credited to the escrow account.
The 2015 HUD Appropriations Act (P.L. 113–235) allows PBRA residents, for the first time, to participate in FSS through programs
run by: (1) public housing agencies; or (2) PBRA owners who use funds from their residual receipt accounts or other sources
to hire service coordinators. The Budget continues this policy but also allows PBRA owners to compete for service coordinator
funding requested under this heading.
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] $660,000,000, to remain available until September 30, [2019] 2020: 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, $3,500,000 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: Provided further, That of the funds made available under the previous proviso, not less than $2,000,000 shall be made available for a national
organization as authorized under section 703 of NAHASDA (25 U.S.C. 4212): Provided further, That of the amounts made available under this heading, $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] $17,452,007. (Department of Housing and Urban Development Appropriations Act, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–0313–0–1–604
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0010
Indian Housing Block Grants
651
659
656
0011
Technical Assistance
8
2
2
0015
National and Regional Organizations
5
4
2
0091
Direct program activities, subtotal
664
665
660
Credit program obligations:
0702
Loan guarantee subsidy
1
3
2
0707
Reestimates of loan guarantee subsidy
3
0708
Interest on reestimates of loan guarantee subsidy
1
0791
Direct program activities, subtotal
1
7
2
0900
Total new obligations (object class 41.0)
665
672
662
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
38
28
10
1001
Discretionary unobligated balance brought fwd, Oct 1
38
28
1021
Recoveries of prior year unpaid obligations
4
1050
Unobligated balance (total)
42
28
10
Budget authority:
Appropriations, discretionary:
1100
Appropriation
650
650
660
1120
Appropriations transferred to other accts [086–0402]
–5
1160
Appropriation, discretionary (total)
650
650
655
Appropriations, mandatory:
1200
Appropriation
1
4
1260
Appropriations, mandatory (total)
1
4
1900
Budget authority (total)
651
654
655
1930
Total budgetary resources available
693
682
665
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
28
10
3
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
1,001
915
874
3010
Obligations incurred, unexpired accounts
665
672
662
3020
Outlays (gross)
–747
–713
–721
3040
Recoveries of prior year unpaid obligations, unexpired
–4
3050
Unpaid obligations, end of year
915
874
815
Memorandum (non-add) entries:
3100
Obligated balance, start of year
1,001
915
874
3200
Obligated balance, end of year
915
874
815
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
650
650
655
Outlays, gross:
4010
Outlays from new discretionary authority
246
192
193
4011
Outlays from discretionary balances
501
517
528
4020
Outlays, gross (total)
747
709
721
Mandatory:
4090
Budget authority, gross
1
4
Outlays, gross:
4100
Outlays from new mandatory authority
4
4180
Budget authority, net (total)
651
654
655
4190
Outlays, net (total)
747
713
721
Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)
Identification code 086–0313–0–1–604
2014 actual
2015 est.
2016 est.
Guaranteed loan levels supportable by subsidy budget authority:
215001
Title VI Indian Federal Guarantees Program
12
27
27
Guaranteed loan subsidy (in percent):
232001
Title VI Indian Federal Guarantees Program
12.10
11.21
11.46
232999
Weighted average subsidy rate
12.10
11.21
11.46
Guaranteed loan subsidy budget authority:
233001
Title VI Indian Federal Guarantees Program
1
3
3
Guaranteed loan subsidy outlays:
234001
Title VI Indian Federal Guarantees Program
2
2
The Budget proposes $660 million for the Native American Housing Block Grant program. This program allocates funds on a formula
basis to over 360 recipients representing over 550 Indian tribes to help them address housing and other needs within their
communities. In 2014, out of a population of 1.68 million American Indians and Alaska Natives in block grant formula areas,
it is estimated that more than 107,600 households were either overcrowded or lacked adequate plumbing or kitchen facilities.
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. The amount requested is sufficient to guarantee $17.45 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 086–4244–0–3–604
2014 actual
2015 est.
2016 est.
Obligations by program activity:
Credit program obligations:
0711
Default claim payments on principal
1
1
0712
Default claim payments on interest
1
1
0742
Downward reestimate paid to receipt account
2
0743
Interest on downward reestimates
1
0900
Total new obligations
5
2
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
13
13
14
Financing authority:
Spending authority from offsetting collections, mandatory:
1800
Collected
6
2
1850
Spending auth from offsetting collections, mand (total)
6
2
1930
Total budgetary resources available
13
19
16
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
13
14
14
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
2
3010
Obligations incurred, unexpired accounts
5
2
3020
Financing disbursements (gross)
–3
–3
3050
Unpaid obligations, end of year
2
1
Memorandum (non-add) entries:
3100
Obligated balance, start of year
2
3200
Obligated balance, end of year
2
1
Financing authority and disbursements, net:
Mandatory:
4090
Financing authority, gross
6
2
Financing disbursements:
4110
Financing disbursements, gross
3
3
Offsets against gross financing authority and disbursements:
Offsetting collections (collected) from:
4120
Federal sources
–5
–1
4122
Interest on uninvested funds
–1
–1
4130
Offsets against gross financing auth and disbursements (total)
–6
–2
4170
Financing disbursements, net (mandatory)
–3
1
4190
Financing disbursements, net (total)
–3
1
Status of Guaranteed Loans (in millions of dollars)
Identification code 086–4244–0–3–604
2014 actual
2015 est.
2016 est.
Position with respect to appropriations act limitation on commitments:
2111
Guaranteed loan commitments from current-year authority
17
17
17
2121
Limitation available from carry-forward
43
48
38
2143
Uncommitted limitation carried forward
–48
–38
–28
2150
Total guaranteed loan commitments
12
27
27
2199
Guaranteed amount of guaranteed loan commitments
12
27
27
Cumulative balance of guaranteed loans outstanding:
2210
Outstanding, start of year
143
130
141
2231
Disbursements of new guaranteed loans
3
18
23
2251
Repayments and prepayments
–14
–5
–5
2263
Adjustments: Terminations for default that result in claim payments
–2
–2
–2
2290
Outstanding, end of year
130
141
157
Memorandum:
2299
Guaranteed amount of guaranteed loans outstanding, end of year
130
141
157
Balance Sheet (in millions of dollars)
Identification code 086–4244–0–3–604
2013 actual
2014 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.), $9,000,000, to remain available until September 30, 2019: 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, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–0235–0–1–604
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
Native Hawaiian Housing Block Grant
10
9
0002
Training and technical assistance
1
0900
Total new obligations (object class 41.0)
11
9
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
1
Budget authority:
Appropriations, discretionary:
1100
Appropriation
10
9
1160
Appropriation, discretionary (total)
10
9
1930
Total budgetary resources available
11
9
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
61
42
38
3010
Obligations incurred, unexpired accounts
11
9
3020
Outlays (gross)
–30
–13
–12
3050
Unpaid obligations, end of year
42
38
26
Memorandum (non-add) entries:
3100
Obligated balance, start of year
61
42
38
3200
Obligated balance, end of year
42
38
26
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
10
9
Outlays, gross:
4010
Outlays from new discretionary authority
1
4011
Outlays from discretionary balances
30
12
12
4020
Outlays, gross (total)
30
13
12
4180
Budget authority, net (total)
10
9
4190
Outlays, net (total)
30
13
12
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. The Budget does not request funds for this program because DHHL has sufficient balances from prior-year
grants to support program activity through 2016.
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), [$7,000,000] $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 [$744,047,000] $1,269,841,270, 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, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–0223–0–1–371
2014 actual
2015 est.
2016 est.
Obligations by program activity:
Credit program obligations:
0702
Loan guarantee subsidy
4
11
7
0707
Reestimates of loan guarantee subsidy
93
10
0708
Interest on reestimates of loan guarantee subsidy
14
0709
Administrative expenses
1
1
1
0900
Total new obligations
112
22
8
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
5
6
2
1001
Discretionary unobligated balance brought fwd, Oct 1
5
6
Budget authority:
Appropriations, discretionary:
1100
Appropriation
6
7
8
1160
Appropriation, discretionary (total)
6
7
8
Appropriations, mandatory:
1200
Appropriation
107
11
1260
Appropriations, mandatory (total)
107
11
1900
Budget authority (total)
113
18
8
1930
Total budgetary resources available
118
24
10
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
6
2
2
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
3
2
2
3010
Obligations incurred, unexpired accounts
112
22
8
3020
Outlays (gross)
–113
–22
–10
3050
Unpaid obligations, end of year
2
2
Memorandum (non-add) entries:
3100
Obligated balance, start of year
3
2
2
3200
Obligated balance, end of year
2
2
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
6
7
8
Outlays, gross:
4010
Outlays from new discretionary authority
3
6
7
4011
Outlays from discretionary balances
3
5
3
4020
Outlays, gross (total)
6
11
10
Mandatory:
4090
Budget authority, gross
107
11
Outlays, gross:
4100
Outlays from new mandatory authority
107
11
4180
Budget authority, net (total)
113
18
8
4190
Outlays, net (total)
113
22
10
Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)
Identification code 086–0223–0–1–371
2014 actual
2015 est.
2016 est.
Guaranteed loan levels supportable by subsidy budget authority:
215001
Indian Housing Loan Guarantee
709
851
1,151
Guaranteed loan subsidy (in percent):
232001
Indian Housing Loan Guarantee
0.52
1.30
0.63
232999
Weighted average subsidy rate
0.52
1.30
0.63
Guaranteed loan subsidy budget authority:
233001
Indian Housing Loan Guarantee
3
11
7
Guaranteed loan subsidy outlays:
234001
Indian Housing Loan Guarantee
5
8
7
Guaranteed loan reestimates:
235001
Indian Housing Loan Guarantee
101
–10
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.
Object Classification (in millions of dollars)
Identification code 086–0223–0–1–371
2014 actual
2015 est.
2016 est.
Direct obligations:
25.2
Other services from non-Federal sources
4
41.0
Grants, subsidies, and contributions
108
22
8
99.9
Total new obligations
112
22
8
Indian Housing Loan Guarantee Fund Financing Account
Program and Financing (in millions of dollars)
Identification code 086–4104–0–3–604
2014 actual
2015 est.
2016 est.
Obligations by program activity:
Credit program obligations:
0711
Default claim payments on principal
15
12
22
0713
Payment of interest to Treasury
6
2
2
0742
Downward reestimate paid to receipt account
2
16
0743
Interest on downward reestimates
4
5
0900
Total new obligations
27
35
24
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
165
272
287
Financing authority:
Borrowing authority, mandatory:
1400
Borrowing authority
1
1440
Borrowing authority, mandatory (total)
1
Spending authority from offsetting collections, mandatory:
1800
Collected
134
50
39
1801
Change in uncollected payments, Federal sources
–1
1850
Spending auth from offsetting collections, mand (total)
133
50
39
1900
Financing authority (total)
134
50
39
1930
Total budgetary resources available
299
322
326
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
272
287
302
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
1
1
36
3010
Obligations incurred, unexpired accounts
27
35
24
3020
Financing disbursements (gross)
–27
3050
Unpaid obligations, end of year
1
36
60
Uncollected payments:
3060
Uncollected pymts, Fed sources, brought forward, Oct 1
–3
–2
–2
3070
Change in uncollected pymts, Fed sources, unexpired
1
3090
Uncollected pymts, Fed sources, end of year
–2
–2
–2
Memorandum (non-add) entries:
3100
Obligated balance, start of year
–2
–1
34
3200
Obligated balance, end of year
–1
34
58
Financing authority and disbursements, net:
Mandatory:
4090
Financing authority, gross
134
50
39
Financing disbursements:
4110
Financing disbursements, gross
27
Offsets against gross financing authority and disbursements:
Offsetting collections (collected) from:
4120
Federal sources: Payments from program account
–112
–19
–8
4122
Interest on uninvested funds
–10
–12
–12
4123
Non-Federal sources
–12
–19
–19
4130
Offsets against gross financing auth and disbursements (total)
–134
–50
–39
Additional offsets against financing authority only (total):
4140
Change in uncollected pymts, Fed sources, unexpired
1
4160
Financing authority, net (mandatory)
1
4170
Financing disbursements, net (mandatory)
–107
–50
–39
4180
Financing authority, net (total)
1
4190
Financing disbursements, net (total)
–107
–50
–39
Status of Guaranteed Loans (in millions of dollars)
Identification code 086–4104–0–3–604
2014 actual
2015 est.
2016 est.
Position with respect to appropriations act limitation on commitments:
2111
Guaranteed loan commitments from current-year authority
1,591
744
1,270
2121
Limitation available from carry-forward
553
1,435
1,328
2143
Uncommitted limitation carried forward
–1,435
–1,328
–1,447
2150
Total guaranteed loan commitments
709
851
1,151
2199
Guaranteed amount of guaranteed loan commitments
709
744
1,151
Cumulative balance of guaranteed loans outstanding:
2210
Outstanding, start of year
3,480
4,056
4,715
2231
Disbursements of new guaranteed loans
595
675
875
2251
Repayments and prepayments
–4
–4
–4
2263
Adjustments: Terminations for default that result in claim payments
–15
–12
–22
2290
Outstanding, end of year
4,056
4,715
5,564
Memorandum:
2299
Guaranteed amount of guaranteed loans outstanding, end of year
4,056
4,715
5,564
Balance Sheet (in millions of dollars)
Identification code 086–4104–0–3–604
2013 actual
2014 actual
ASSETS:
1101
Federal assets: Fund balances with Treasury
258
67
1504
Net value of assets related to post-1991 acquired defaulted guaranteed loans receivable: Foreclosed property
26
19
1999
Total assets
284
86
LIABILITIES:
2103
Federal liabilities: Debt Payable to Treasury
115
20
Non-Federal liabilities:
2204
Liabilities for loan guarantees
151
48
2207
Unearned revenues and advances
18
18
2999
Total liabilities
284
86
4999
Total liabilities and net position
284
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 $16,130,000,
to remain available until expended.] (Department of Housing and Urban Development Appropriations Act, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–0233–0–1–371
2014 actual
2015 est.
2016 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 086–0233–0–1–371
2014 actual
2015 est.
2016 est.
Guaranteed loan levels supportable by subsidy budget authority:
215001
Native Hawaiian Housing Loan Guarantees
11
25
25
Guaranteed loan subsidy (in percent):
232001
Native Hawaiian Housing Loan Guarantees
0.53
0.62
0.51
232999
Weighted average subsidy rate
0.53
0.62
0.51
Guaranteed loan reestimates:
235001
Native Hawaiian Housing Loan Guarantees
–2
–1
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 Budget does not provide any new credit subsidy budget authority.
Native Hawaiian Housing Loan Guarantee Fund Financing Account
Program and Financing (in millions of dollars)
Identification code 086–4351–0–3–371
2014 actual
2015 est.
2016 est.
Obligations by program activity:
Credit program obligations:
0711
Default claim payments on principal
1
1
1
0713
Payment of interest to Treasury
1
0742
Downward reestimate paid to receipt account
1
1
0743
Interest on downward reestimates
1
0900
Total new obligations
4
2
1
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
7
4
3
Financing authority:
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)
1
1
1
1930
Total budgetary resources available
8
5
4
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
2
3010
Obligations incurred, unexpired accounts
4
2
1
3020
Financing disbursements (gross)
–4
3050
Unpaid obligations, end of year
2
3
Memorandum (non-add) entries:
3100
Obligated balance, start of year
2
3200
Obligated balance, end of year
2
3
Financing authority and disbursements, net:
Mandatory:
4090
Financing authority, gross
1
1
1
Financing disbursements:
4110
Financing disbursements, gross
4
Offsets against gross financing authority and disbursements:
Offsetting collections (collected) from:
4120
Federal sources
–1
4122
Interest on uninvested funds
–1
–1
4130
Offsets against gross budget authority and outlays (total)
–1
–1
–1
4170
Financing disbursements, net (mandatory)
3
–1
–1
4190
Financing disbursements, net (total)
3
–1
–1
Status of Guaranteed Loans (in millions of dollars)
Identification code 086–4351–0–3–371
2014 actual
2015 est.
2016 est.
Position with respect to appropriations act limitation on commitments:
2111
Guaranteed loan commitments from current-year authority
19
16
2121
Limitation available from carry-forward
1,070
1,097
1,097
2143
Uncommitted limitation carried forward
–1,078
–1,088
–1,072
2150
Total guaranteed loan commitments
11
25
25
2199
Guaranteed amount of guaranteed loan commitments
11
25
25
Cumulative balance of guaranteed loans outstanding:
2210
Outstanding, start of year
84
103
118
2231
Disbursements of new guaranteed loans
20
16
22
2263
Adjustments: Terminations for default that result in claim payments
–1
–1
–1
2290
Outstanding, end of year
103
118
139
Memorandum:
2299
Guaranteed amount of guaranteed loans outstanding, end of year
103
118
139
Addendum:
Cumulative balance of defaulted guaranteed loans that result in loans receivable:
2310
Outstanding, start of year
2390
Outstanding, end of year
Balance Sheet (in millions of dollars)
Identification code 086–4351–0–3–371
2013 actual
2014 actual
ASSETS:
1101
Federal assets: Fund balances with Treasury
1
3
1504
Net value of assets related to post-1991 acquired defaulted guaranteed loans receivable: Foreclosed property
1
1999
Total assets
1
4
LIABILITIES:
2103
Federal liabilities: Debt payable to Treasury
3
2204
Non-Federal liabilities: Liabilities for loan guarantees
1
1
2999
Total liabilities
1
4
4999
Total liabilities and net position
1
4
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, [2016] 2017, except that amounts allocated pursuant to section 854(c)(3) of such Act shall remain available until September 30, [2017] 2018: 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 such section [: 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, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–0308–0–1–604
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
HOPWA Formula Grants
320
280
296
0002
HOPWA Competitive Grants
29
37
33
0900
Total new obligations (object class 41.0)
349
317
329
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
83
64
77
Budget authority:
Appropriations, discretionary:
1100
Appropriation
330
330
332
1120
Appropriations transferred to other accts [086–0308]
–33
–33
–33
1120
Appropriations transferred to other accts [086–0402]
–3
1121
Appropriations transferred from other acct [086–0308]
33
33
33
1160
Appropriation, discretionary (total)
330
330
329
1930
Total budgetary resources available
413
394
406
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
64
77
77
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
479
525
522
3010
Obligations incurred, unexpired accounts
349
317
329
3020
Outlays (gross)
–303
–320
–323
3050
Unpaid obligations, end of year
525
522
528
Memorandum (non-add) entries:
3100
Obligated balance, start of year
479
525
522
3200
Obligated balance, end of year
525
522
528
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
330
330
329
Outlays, gross:
4010
Outlays from new discretionary authority
1
3
3
4011
Outlays from discretionary balances
302
317
320
4020
Outlays, gross (total)
303
320
323
4180
Budget authority, net (total)
330
330
329
4190
Outlays, net (total)
303
320
323
The 2016 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, [$3,066,000,000] $2,880,000,000, to remain available until September 30, [2017] 2018, unless otherwise specified: Provided, That of the total amount provided, [$3,000,000,000] $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 notwithstanding section 105(e)(1) of the Act, no funds provided under this heading may be provided to a for-profit
entity for an economic development project under section 105(a)(17) unless such project has been evaluated and selected in
accordance with guidelines required under subparagraph (e)(2): [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 [$66,000,000] of the total amount provided under this heading, $80,000,000 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] total amount made available under the previous proviso, [$6,000,000] up to $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] to Indian tribes, tribal organizations, and tribally-designated housing entities for the rehabilitation, acquisition, or new
construction of housing for primary and secondary school teachers living on or near a reservation or other Indian areas, regardless
of income or tribal membership: Provided further, That in making awards under the previous proviso, the Secretary may establish
appropriate funding criteria and may give funding priority to applicants proposing to provide assistance to teachers that
are employed at schools that are operated or assisted by the Bureau of Indian Education: Provided further, That notwithstanding
any provision in the Housing and Community Development Act of 1974, any amounts made available to Indian tribes, tribal organizations,
and tribally-designated housing entities for teacher housing may be used for new housing construction by any eligible applicant. (Department of Housing and Urban Development Appropriations Act, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–0162–0–1–451
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
Community Development Formula Grants
3,154
2,942
2,839
0002
Indian Tribes
59
62
70
0003
Indian Tribes Mold Remediation
4
12
0004
Hurricane Sandy
1,333
3,000
3,593
0005
2011 and 2012 Disasters
184
142
113
0006
2013 Disasters
80
136
238
0007
National Disaster Resilience Competition
500
0008
Indian Tribes Teacher Housing
10
0010
Disaster Assistance
2
1
84
0900
Total new obligations (object class 41.0)
4,816
6,295
7,447
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
13,875
12,159
8,930
Budget authority:
Appropriations, discretionary:
1100
Appropriation
3,100
3,066
2,880
1120
Appropriations transferred to other accts [086–0402]
–20
1160
Appropriation, discretionary (total)
3,100
3,066
2,860
1930
Total budgetary resources available
16,975
15,225
11,790
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
12,159
8,930
4,343
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
14,418
12,860
11,785
3010
Obligations incurred, unexpired accounts
4,816
6,295
7,447
3020
Outlays (gross)
–6,370
–7,370
–6,924
3041
Recoveries of prior year unpaid obligations, expired
–4
3050
Unpaid obligations, end of year
12,860
11,785
12,308
Memorandum (non-add) entries:
3100
Obligated balance, start of year
14,418
12,860
11,785
3200
Obligated balance, end of year
12,860
11,785
12,308
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
3,100
3,066
2,860
Outlays, gross:
4010
Outlays from new discretionary authority
14
31
29
4011
Outlays from discretionary balances
6,356
7,339
6,895
4020
Outlays, gross (total)
6,370
7,370
6,924
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)
3,100
3,066
2,860
4080
Outlays, net (discretionary)
6,369
7,370
6,924
4180
Budget authority, net (total)
3,100
3,066
2,860
4190
Outlays, net (total)
6,369
7,370
6,924
The 2016 Budget includes $2.8 billion for the Community Development Block Grant (CDBG) program and an additional $80 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 (which account for 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).
To modernize the 40-year-old CDBG program, HUD has developed a set of legislative proposals to ensure the program delivers
value and results to the nation's communities, and more specifically to low- and moderate-income populations, for years to
come. The proposal, titled "Moving CDBG Forward", is the result of a process initiated by HUD in 2013 that provided CDBG stakeholders
the opportunity to assess the program and to recommend legislative, regulatory, and policy improvements. These recommendations,
along with HUD's expertise administering the program and research conducted by HUD's Office of Policy Development and Research
form the basis for the CDBG legislative reforms . 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 Department will also evaluate a series of potential regulatory
updates to the CDBG program, as significant portions of the CDBG regulations have not been updated in more than 20 years.
The Budget also proposes to increase the set-aside for colonias to allow for more funding to be directed to these rural border
communities, many of which lack adequate water, sewer, decent housing, or a combination of the three. This change would increase
the maximum set-aside for the colonias from 10 percent to 15 percent, and affects the state CDBG programs of Texas, New Mexico,
Arizona, and California.
In addition, the CDBG program is part of the proposed Upward Mobility Project, a new initiative to allow states, localities
or consortia of the two to blend funding across four block grants, including the Department of Health and Human Services'
(HHS) Social Services Block Grant and Community Services Block Grant, as well as HUD's HOME Investment Partnerships Program
and CDBG, that share a common goal of promoting opportunity and reducing poverty. In exchange for more accountability for
results, state and localities would be able to use the funds beyond the current allowable purposes of these programs to implement
evidence-based or promising strategies for helping individuals succeed in the labor market and improving economic mobility,
children's outcomes, and the ability of communities to expand opportunity. Participating communities would also be eligible
to receive a total of $1.5 billion in new funding through HHS, in addition to flexibility with currently provided resources.
The Budget also includes $80 million for the Indian Community Development program. This program provides grants to help develop
viable American Indian and Alaska Native Communities with decent housing, a suitable living environment, and economic opportunities,
primarily for low- and moderate-income persons. Within this program, up to $10 million will be used to help tribes attract
and retain high-quality teachers in Indian Country by improving the availability and physical condition of teacher housing.
This set-aside is one of several investments supporting Generation Indigenous, an Administration initiative focused on removing
the barriers to success for Native youth. This initiative will take a comprehensive, culturally appropriate approach to help
improve the lives and opportunities for Native youth.
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, but are also
available to respond to other significant Presidentially-declared disasters that occurred in calendar years 2011, 2012, and
2013. Approximately $1 billion of this amount has been reserved for the National Disaster Resilience Competition (NDRC), which
HUD announced in September 2014. The NDRC will support innovative resilience projects at the local level while encouraging
communities to adopt policy changes and activities that plan for the impacts of extreme weather and climate change and rebuild
affected areas to be better prepared for the future. The Department expects to make NDRC awards late in 2015.
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).
Brownfields Redevelopment
Program and Financing (in millions of dollars)
Identification code 086–0314–0–1–451
2014 actual
2015 est.
2016 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
4
Budget authority:
Appropriations, discretionary:
1131
Unobligated balance of appropriations permanently reduced
–3
1160
Appropriation, discretionary (total)
–3
1930
Total budgetary resources available
4
1
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
25
20
16
3010
Obligations incurred, unexpired accounts
1
3020
Outlays (gross)
–4
–5
–5
3041
Recoveries of prior year unpaid obligations, expired
–1
3050
Unpaid obligations, end of year
20
16
11
Memorandum (non-add) entries:
3100
Obligated balance, start of year
25
20
16
3200
Obligated balance, end of year
20
16
11
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
–3
Outlays, gross:
4011
Outlays from discretionary balances
4
5
5
4180
Budget authority, net (total)
–3
4190
Outlays, net (total)
4
5
5
The 2016 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, for similar purposes. The Consolidated and Further Continuing Appropriations Act, 2015 (P.L. 113–235) directed
the Department to rescind any unobligated balances and recaptures of BEDI funds.
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, [$900,000,000] $1,060,000,000, to remain available until September 30, [2018] 2019: 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 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 [the Department shall notify grantees of their formula allocation within 60 days of enactment of this Act] funds provided in prior appropriations Acts for technical assistance, that were made available for Community Housing Development
Organizations technical assistance, and that still remain available, may be used for HOME technical assistance notwithstanding
the purposes for which such amounts were appropriated: Provided further, That of the total amount provided under this heading,
$10,000,000 shall be made available to the Self-help Homeownership Opportunity Program as authorized under section 11 of the
Housing Opportunity Program Extension Act of 1996, as amended. (Department of Housing and Urban Development Appropriations Act, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–0205–0–1–604
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
HOME Investment Program
1,023
935
1,036
0002
Technical Assistance
1
0003
SHOP
10
0900
Total new obligations (object class 41.0)
1,023
936
1,046
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
190
180
144
1021
Recoveries of prior year unpaid obligations
14
1050
Unobligated balance (total)
204
180
144
Budget authority:
Appropriations, discretionary:
1100
Appropriation
1,000
900
1,060
1120
Appropriations transferred to other accts [086–0402]
–8
1160
Appropriation, discretionary (total)
1,000
900
1,052
1930
Total budgetary resources available
1,204
1,080
1,196
Memorandum (non-add) entries:
1940
Unobligated balance expiring
–1
1941
Unexpired unobligated balance, end of year
180
144
150
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
3,819
3,567
3,348
3010
Obligations incurred, unexpired accounts
1,023
936
1,046
3011
Obligations incurred, expired accounts
1
3020
Outlays (gross)
–1,250
–1,155
–1,044
3040
Recoveries of prior year unpaid obligations, unexpired
–14
3041
Recoveries of prior year unpaid obligations, expired
–12
3050
Unpaid obligations, end of year
3,567
3,348
3,350
Memorandum (non-add) entries:
3100
Obligated balance, start of year
3,819
3,567
3,348
3200
Obligated balance, end of year
3,567
3,348
3,350
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
1,000
900
1,052
Outlays, gross:
4010
Outlays from new discretionary authority
4
9
11
4011
Outlays from discretionary balances
1,246
1,146
1,033
4020
Outlays, gross (total)
1,250
1,155
1,044
4180
Budget authority, net (total)
1,000
900
1,052
4190
Outlays, net (total)
1,250
1,155
1,044
The Budget requests $1.060 billion for the HOME Investments Partnership Program (HOME), of which $10 million is set aside
for the Self-help Homeownership Opportunity Program (SHOP). The HOME 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 other funds such as the Low-Income Housing
Tax Credit (LIHTC), Community Development Block Grant, and local funds. Over time, the requested HOME funding is estimated
to result in the production of almost 39,000 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 more than 8,700 units.
The 2016 Budget 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; allow nonprofit organizations that operate statewide to
be designated as CHDOs by the State Participating Jurisdiction; 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.
In addition, the HOME program is part of the proposed Upward Mobility Project, a new initiative to allow states, localities
or consortia of the two to blend funding across four block grants, including the Department of Health and Human Services'
(HHS) Social Services Block Grant and Community Services Block Grant, as well as HUD's Community Development Block Grant and
HOME, that share a common goal of promoting opportunity and reducing poverty. In exchange for more accountability for results,
state and localities would be able to use the funds beyond the current allowable purposes of these programs to implement evidence-based
or promising strategies for helping individuals succeed in the labor market and improving economic mobility, children's outcomes,
and the ability of communities to expand opportunity. Participating communities would also be eligible to receive a total
of $1.5 billion in new funding through HHS, in addition to flexibility with currently provided resources.
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 2016
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, establish a standard grant term of 36 months, establish
a deadline for completion of SHOP units, and explicitly include planning, administrative, and management costs as eligible
activities.
Local Housing Policy Grants
(Legislative proposal, subject to PAYGO)
Program and Financing (in millions of dollars)
Identification code 086–0455–4–1–451
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
Grants
300
0900
Total new obligations (object class 41.0)
300
Budgetary resources:
Budget authority:
Appropriations, mandatory:
1200
Appropriation
300
1260
Appropriations, mandatory (total)
300
1930
Total budgetary resources available
300
Change in obligated balance:
Unpaid obligations:
3010
Obligations incurred, unexpired accounts
300
3020
Outlays (gross)
–6
3050
Unpaid obligations, end of year
294
Memorandum (non-add) entries:
3200
Obligated balance, end of year
294
Budget authority and outlays, net:
Mandatory:
4090
Budget authority, gross
300
Outlays, gross:
4100
Outlays from new mandatory authority
6
4180
Budget authority, net (total)
300
4190
Outlays, net (total)
6
The 2016 Budget proposes a $300 million mandatory appropriation for a new Local Housing Policy Grants program. This program
would provide grants to localities and regional coalitions of localities to support new policies, programs or regulatory initiatives,
such as design options, process changes, and land use regulations, to create a more elastic and diverse housing supply. The
goal of this new initiative is to demonstrate that concentrated and coordinated efforts across a number of housing markets
can significantly expand the supply and affordability of housing, increase access to jobs, and fuel economic growth. Funds
would support activities that are necessary to support the new actions, including infrastructure expansion and/or improvement,
market evaluation, code writing assistance, and stakeholder education and outreach. The funds would also establish a learning
network that would provide ongoing capacity building to the organizations and entities to facilitate shared learning opportunities
and disseminate best practices.
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, 2017: 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, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–0176–0–1–604
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
Self Help Housing Opportunity Program
10
10
0002
Capacity Building
33
35
35
0003
Rural Capacity Building
5
5
5
0900
Total new obligations (object class 41.0)
38
50
50
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
38
50
50
Budget authority:
Appropriations, discretionary:
1100
Appropriation
50
50
1160
Appropriation, discretionary (total)
50
50
1930
Total budgetary resources available
88
100
50
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
50
50
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
150
112
100
3010
Obligations incurred, unexpired accounts
38
50
50
3020
Outlays (gross)
–75
–62
–59
3041
Recoveries of prior year unpaid obligations, expired
–1
3050
Unpaid obligations, end of year
112
100
91
Memorandum (non-add) entries:
3100
Obligated balance, start of year
150
112
100
3200
Obligated balance, end of year
112
100
91
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
50
50
Outlays, gross:
4011
Outlays from discretionary balances
75
62
59
4180
Budget authority, net (total)
50
50
4190
Outlays, net (total)
75
62
59
The 2016 Budget requests no separate funding for the Self-Help and Assisted Homeownership Opportunity Program (SHOP) account.
Instead, funding for the SHOP program is included as part of the request for the HOME Investment Partnerships Program. Funding
for capacity building activities is included as part the request for the Transformation Initiative (TI). Within TI, HUD will
continue its integrated approach to technical assistance and capacity building, including activities 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.
Neighborhood Stabilization Program
Program and Financing (in millions of dollars)
Identification code 086–0344–0–1–451
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0003
Disaster Assistance
14
8
0900
Total new obligations (object class 41.0)
14
8
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
16
22
8
1021
Recoveries of prior year unpaid obligations
6
1050
Unobligated balance (total)
22
22
8
1930
Total budgetary resources available
22
22
8
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
22
8
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
627
318
85
3010
Obligations incurred, unexpired accounts
14
8
3020
Outlays (gross)
–303
–247
–72
3040
Recoveries of prior year unpaid obligations, unexpired
–6
3050
Unpaid obligations, end of year
318
85
21
Memorandum (non-add) entries:
3100
Obligated balance, start of year
627
318
85
3200
Obligated balance, end of year
318
85
21
Budget authority and outlays, net:
Mandatory:
Outlays, gross:
4101
Outlays from mandatory balances
303
247
72
4190
Outlays, net (total)
303
247
72
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 December 2014, NSP grantees had expended all but 0.7 percent of the total funds appropriated for all iterations of NSP.
HUD is closely monitoring efforts to expend these funds consistent with NSP requirements and the Department's timeline for
closing out all grants. HUD is providing technical assistance to grantees and may invoke sanctions for lack of performance,
as appropriate.
Homeless assistance grants
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, [$2,135,000,000] $2,480,000,000, to remain available until September 30, [2017] 2018: 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 of the funds appropriated under this heading shall be available for such emergency solutions
grants program: Provided further, That not less than [$1,862,000,000] $2,223,000,000 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 $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: Provided further, That with respect to funds provided under this heading for the continuum of care program for fiscal years 2012, 2013, 2014,
and 2015 provision of permanent housing rental assistance may be administered by private nonprofit organizations: 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] That any unobligated amounts remaining from funds appropriated under this heading in fiscal year 2012 and prior years for
project-based rental assistance for rehabilitation projects with 10-year grant terms may be used for purposes under this heading,
notwithstanding the purposes for which such funds were appropriated: 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 2016. (Department of Housing and Urban Development Appropriations Act, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–0192–0–1–604
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
Continuum of Care (SPC, SHP, Rural)
1,684
1,889
1,946
0002
Emergency Solutions Grants - Formula
266
250
250
0003
National Homeless Data Analysis Project
6
7
7
0004
Section 8 Moderate Rehabilitation
1
1
1
0900
Total new obligations (object class 41.0)
1,957
2,147
2,204
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
1,880
2,060
2,068
1021
Recoveries of prior year unpaid obligations
29
20
20
1050
Unobligated balance (total)
1,909
2,080
2,088
Budget authority:
Appropriations, discretionary:
1100
Appropriation
2,105
2,135
2,480
1160
Appropriation, discretionary (total)
2,105
2,135
2,480
Spending authority from offsetting collections, discretionary:
1700
Collected
5
1750
Spending auth from offsetting collections, disc (total)
5
1900
Budget authority (total)
2,110
2,135
2,480
1930
Total budgetary resources available
4,019
4,215
4,568
Memorandum (non-add) entries:
1940
Unobligated balance expiring
–2
1941
Unexpired unobligated balance, end of year
2,060
2,068
2,364
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
2,691
2,604
2,713
3010
Obligations incurred, unexpired accounts
1,957
2,147
2,204
3011
Obligations incurred, expired accounts
1
3020
Outlays (gross)
–1,888
–2,018
–2,077
3040
Recoveries of prior year unpaid obligations, unexpired
–29
–20
–20
3041
Recoveries of prior year unpaid obligations, expired
–128
3050
Unpaid obligations, end of year
2,604
2,713
2,820
Memorandum (non-add) entries:
3100
Obligated balance, start of year
2,691
2,604
2,713
3200
Obligated balance, end of year
2,604
2,713
2,820
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
2,110
2,135
2,480
Outlays, gross:
4010
Outlays from new discretionary authority
5
11
12
4011
Outlays from discretionary balances
1,883
2,007
2,065
4020
Outlays, gross (total)
1,888
2,018
2,077
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4030
Federal sources
–5
4033
Non-Federal sources
–5
4040
Offsets against gross budget authority and outlays (total)
–10
Additional offsets against gross budget authority only:
4052
Offsetting collections credited to expired accounts
5
4070
Budget authority, net (discretionary)
2,105
2,135
2,480
4080
Outlays, net (discretionary)
1,878
2,018
2,077
4180
Budget authority, net (total)
2,105
2,135
2,480
4190
Outlays, net (total)
1,878
2,018
2,077
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.
The 2016 Budget provides $2.480 billion for a wide range of activities to assist homeless persons and prevent future occurrences
of homelessness. The Budget supports $2.223 billion for the CoC program, including funding for competitive renewals, new permanent
supportive housing for persons experiencing chronic homelessness, and new rapid re-housing for families with children experiencing
homelessness; $250 million for ESG formula funding for communities to address emergency needs such as emergency shelter, street
outreach, essential services, homelessness prevention, and rapid re-housing; and $7 million for the National Homeless Data
Analysis Project.
Many communities have made great strides in creating comprehensive approaches to ending homelessness—particularly chronic
homelessness—through the development of local plans. The 2016 Budget continues to support local efforts and makes further
progress toward the Administration's goals of ending veteran homelessness in 2015, ending chronic homelessness in 2017, and
ending homelessness for families, youth and children in 2020. In addition to targeted increases in HUD's Homeless Assistance
Grants, the Budget provides 67,000 new Housing Choice Vouchers to support low-income households, including families experiencing
homelessness, survivors of domestic and dating violence, families with children in foster care, youth aging out of foster
care, and homeless veterans, regardless of their discharge status.
The 2016 Budget proposes a permanent amendment to the HEARTH Act to allow non-profits to administer rental assistance. This
would replace the annual appropriations language related to this proposal that was first enacted in 2014.
The 2016 Budget also proposes to amend Title V of the McKinney-Vento Act, which enables eligible organizations to use unutilized,
underutilized, excess, or surplus Federal properties as facilities that assist homeless persons. As part of the Administration's
efforts to improve Federal real property management, the amendments would improve the utility of the data provided to the
public and support a more timely and effective process.
Permanent Supportive Housing
Program and Financing (in millions of dollars)
Identification code 086–0342–0–1–604
2014 actual
2015 est.
2016 est.
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
27
13
6
3020
Outlays (gross)
–14
–7
–3
3050
Unpaid obligations, end of year
13
6
3
Memorandum (non-add) entries:
3100
Obligated balance, start of year
27
13
6
3200
Obligated balance, end of year
13
6
3
Budget authority and outlays, net:
Discretionary:
Outlays, gross:
4011
Outlays from discretionary balances
14
7
3
4190
Outlays, net (total)
14
7
3
The Supplemental Appropriations Act, 2008 (P.L. 110–252) 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 086–0324–0–1–604
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
Border Capital Community Initiative
2
0002
Delta Capital Community Initiative
2
0003
Appalachia Economic Development Initiative
2
0900
Total new obligations (object class 41.0)
2
4
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
4
3
1021
Recoveries of prior year unpaid obligations
1
1
1050
Unobligated balance (total)
5
4
1930
Total budgetary resources available
5
4
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
13
9
6
3010
Obligations incurred, unexpired accounts
2
4
3020
Outlays (gross)
–5
–6
–2
3040
Recoveries of prior year unpaid obligations, unexpired
–1
–1
3050
Unpaid obligations, end of year
9
6
4
Memorandum (non-add) entries:
3100
Obligated balance, start of year
13
9
6
3200
Obligated balance, end of year
9
6
4
Budget authority and outlays, net:
Discretionary:
Outlays, gross:
4011
Outlays from discretionary balances
5
6
2
4190
Outlays, net (total)
5
6
2
The 2016 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 086–4015–0–3–451
2014 actual
2015 est.
2016 est.
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
1
1022
Capital transfer of unobligated balances to general fund
–1
Budget authority:
Appropriations, mandatory:
1200
Appropriation
1
1260
Appropriations, mandatory (total)
1
1930
Total budgetary resources available
1
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
1
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
10
9
8
3020
Outlays (gross)
–1
–1
–1
3050
Unpaid obligations, end of year
9
8
7
Memorandum (non-add) entries:
3100
Obligated balance, start of year
10
9
8
3200
Obligated balance, end of year
9
8
7
Budget authority and outlays, net:
Mandatory:
4090
Budget authority, gross
1
Outlays, gross:
4101
Outlays from mandatory balances
1
1
1
4180
Budget authority, net (total)
1
4190
Outlays, net (total)
1
1
1
Status of Direct Loans (in millions of dollars)
Identification code 086–4015–0–3–451
2014 actual
2015 est.
2016 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 not originated new loans for over 20 years. 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 to the Treasury.
Balance Sheet (in millions of dollars)
Identification code 086–4015–0–3–451
2013 actual
2014 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
2
2
1699
Value of assets related to direct loans
2
2
1999
Total assets
11
11
LIABILITIES:
2207
Non-Federal liabilities: Other
1
1
NET POSITION:
3100
Unexpended appropriations
10
10
4999
Total liabilities and net position
11
11
Community development loan guarantees program account
Subject to section 502 of the Congressional Budget Act of 1974, during fiscal year [2015] 2016, 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, notwithstanding any aggregate limitation on outstanding obligations guaranteed in subsection (k) of such section
108] $300,000,000: Provided, That the Secretary shall collect fees from borrowers [, notwithstanding subsection (m) of such section 108,] to result in a credit subsidy cost of zero for guaranteeing such loans, and any such fees shall be collected in accordance
with section 502(7) of the Congressional Budget Act of 1974. (Department of Housing and Urban Development Appropriations Act, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–0198–0–1–451
2014 actual
2015 est.
2016 est.
Obligations by program activity:
Credit program obligations:
0702
Loan guarantee subsidy
3
3
0707
Reestimates of loan guarantee subsidy
2
1
0900
Total new obligations (object class 33.0)
5
4
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
4
3
1
1001
Discretionary unobligated balance brought fwd, Oct 1
4
3
Budget authority:
Appropriations, discretionary:
1100
Appropriation
3
1160
Appropriation, discretionary (total)
3
Appropriations, mandatory:
1200
Appropriation
3
2
1260
Appropriations, mandatory (total)
3
2
1900
Budget authority (total)
6
2
1930
Total budgetary resources available
10
5
1
Memorandum (non-add) entries:
1940
Unobligated balance expiring
–2
1941
Unexpired unobligated balance, end of year
3
1
1
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
16
16
13
3010
Obligations incurred, unexpired accounts
5
4
3020
Outlays (gross)
–4
–7
–5
3041
Recoveries of prior year unpaid obligations, expired
–1
3050
Unpaid obligations, end of year
16
13
8
Memorandum (non-add) entries:
3100
Obligated balance, start of year
16
16
13
3200
Obligated balance, end of year
16
13
8
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
3
Outlays, gross:
4011
Outlays from discretionary balances
1
5
5
Mandatory:
4090
Budget authority, gross
3
2
Outlays, gross:
4100
Outlays from new mandatory authority
3
2
4180
Budget authority, net (total)
6
2
4190
Outlays, net (total)
4
7
5
Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)
Identification code 086–0198–0–1–451
2014 actual
2015 est.
2016 est.
Guaranteed loan levels supportable by subsidy budget authority:
215001
Community development loan guarantee levels
86
124
215003
Community Development Loan Guarantee (Fee)
76
300
215999
Total loan guarantee levels
86
200
300
Guaranteed loan subsidy (in percent):
232001
Community development loan guarantee levels
2.56
2.42
0.00
232003
Community Development Loan Guarantee (Fee)
0.00
0.00
0.00
232999
Weighted average subsidy rate
2.56
1.50
0.00
Guaranteed loan subsidy budget authority:
233001
Community development loan guarantee levels
2
3
233999
Total subsidy budget authority
2
3
Guaranteed loan subsidy outlays:
234001
Community development loan guarantee levels
1
5
5
234999
Total subsidy outlays
1
5
5
Guaranteed loan reestimates:
235001
Community development loan guarantee levels
–4
–19
235999
Total guaranteed loan reestimates
–4
–19
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 2016 Budget includes a guaranteed loan limit of $300 million, and 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 permanent 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. The Department will issue regulations in 2015 to implement the new fee.
Community Development Loan Guarantees Financing Account
Program and Financing (in millions of dollars)
Identification code 086–4096–0–3–451
2014 actual
2015 est.
2016 est.
Obligations by program activity:
Credit program obligations:
0742
Downward reestimate paid to receipt account
5
11
0743
Interest on downward reestimates
3
9
0900
Total new obligations
8
20
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
124
125
118
Financing authority:
Spending authority from offsetting collections, mandatory:
1800
Collected
9
13
17
1850
Spending auth from offsetting collections, mand (total)
9
13
17
1930
Total budgetary resources available
133
138
135
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
125
118
135
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
1
21
3010
Obligations incurred, unexpired accounts
8
20
3020
Financing disbursements (gross)
–7
3050
Unpaid obligations, end of year
1
21
21
Uncollected payments:
3060
Uncollected pymts, Fed sources, brought forward, Oct 1
–17
–17
–17
3090
Uncollected pymts, Fed sources, end of year
–17
–17
–17
Memorandum (non-add) entries:
3100
Obligated balance, start of year
–17
–16
4
3200
Obligated balance, end of year
–16
4
4
Financing authority and disbursements, net:
Mandatory:
4090
Financing authority, gross
9
13
17
Financing disbursements:
4110
Financing disbursements, gross
7
Offsets against gross financing authority and disbursements:
Offsetting collections (collected) from:
4120
Federal Sources: Payments from Program Account
–4
–7
–5
4122
Interest on uninvested funds
–5
–4
–4
4123
Non-Federal sources
–2
–8
4130
Offsets against gross financing auth and disbursements (total)
–9
–13
–17
4170
Financing disbursements, net (mandatory)
–2
–13
–17
4190
Financing disbursements, net (total)
–2
–13
–17
Status of Guaranteed Loans (in millions of dollars)
Identification code 086–4096–0–3–451
2014 actual
2015 est.
2016 est.
Position with respect to appropriations act limitation on commitments:
2111
Guaranteed loan commitments from current-year authority
150
500
300
2121
Limitation available from carry-forward
147
124
2142
Uncommitted loan guarantee limitation
–61
–424
2143
Uncommitted limitation carried forward
–150
2150
Total guaranteed loan commitments
86
200
300
2199
Guaranteed amount of guaranteed loan commitments
86
200
300
Cumulative balance of guaranteed loans outstanding:
2210
Outstanding, start of year
1,989
2,010
1,970
2231
Disbursements of new guaranteed loans
39
210
210
2251
Repayments and prepayments
–18
–250
–250
2290
Outstanding, end of year
2,010
1,970
1,930
Memorandum:
2299
Guaranteed amount of guaranteed loans outstanding, end of year
2,010
1,909
1,909
Balance Sheet (in millions of dollars)
Identification code 086–4096–0–3–451
2013 actual
2014 actual
ASSETS:
1101
Federal assets: Fund balances with Treasury
109
96
1999
Total assets
109
96
LIABILITIES:
2204
Non-Federal liabilities: Liabilities for loan guarantees
109
96
4999
Total liabilities and net position
109
96
Community Development Loan Guarantees Liquidating Account
Program and Financing (in millions of dollars)
Identification code 086–4097–0–3–451
2014 actual
2015 est.
2016 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 086–4097–0–3–451
2014 actual
2015 est.
2016 est.
Cumulative balance of guaranteed loans outstanding:
2210
Outstanding, start of year
1
1
1
2290
Outstanding, end of year
1
1
1
Memorandum:
2299
Guaranteed amount of guaranteed loans outstanding, end of year
1
Balance Sheet (in millions of dollars)
Identification code 086–4097–0–3–451
2013 actual
2014 actual
ASSETS:
Federal assets:
1101
Fund balances with Treasury
–3
–3
Investments in US securities:
1106
Receivables, net
3
3
1999
Total assets
Trust Funds
Housing Trust Fund
Special and Trust Fund Receipts (in millions of dollars)
Identification code 086–8560–0–7–604
2014 actual
2015 est.
2016 est.
0100
Balance, start of year
Receipts:
0220
Affordable Housing Allocation, Housing Trust Fund
120
0400
Total: Balances and collections
120
Appropriations:
0500
Housing Trust Fund
–120
0799
Balance, end of year
Program and Financing (in millions of dollars)
Identification code 086–8560–0–7–604
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
Grants
120
0900
Total new obligations (object class 41.0)
120
Budgetary resources:
Budget authority:
Appropriations, mandatory:
1201
Appropriation (special or trust fund)
120
1260
Appropriations, mandatory (total)
120
1930
Total budgetary resources available
120
Change in obligated balance:
Unpaid obligations:
3010
Obligations incurred, unexpired accounts
120
3020
Outlays (gross)
–1
3050
Unpaid obligations, end of year
119
Memorandum (non-add) entries:
3200
Obligated balance, end of year
119
Budget authority and outlays, net:
Mandatory:
4090
Budget authority, gross
120
Outlays, gross:
4100
Outlays from new mandatory authority
1
4180
Budget authority, net (total)
120
4190
Outlays, net (total)
1
The Housing Trust Fund was authorized by section 1131 of the Housing and Economic Recovery Act of 2008 (Public Law 110–289),
which directed the account to be funded from assessments on Fannie Mae and Freddie Mac. The Federal Housing Finance Agency
(FHFA), as regulator of Fannie Mae and Freddie Mac, suspended these assessments in November 2008. In December 2014, FHFA announced
that the assessments would be reinstated effective January 2015, subject to the terms and conditions prescribed by FHFA.
The Budget estimates that $120 million will be allocated to the Housing Trust Fund in 2016 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. Funds will be distributed by formula to States or State-designated entities to be used primarily for the
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.
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, [$9,330,000,000] $10,360,000,000, to remain available until [expended] September 30, 2018, shall be available on October 1, [2014] 2015 (in addition to the $400,000,000 previously appropriated under this heading that became available October 1, [2014] 2015), and $400,000,000, to remain available until [expended] September 30, 2019, shall be available on October 1, [2015] 2016: 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 [$210,000,000] $215,000,000 shall be available for 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, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–0303–0–1–604
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
Contract Renewals
8,757
8,911
9,610
0002
RAD Contract Renewals
1
41
93
0003
Section 8 Amendments
601
590
580
0004
Contract Administrators
253
154
361
0005
Vouchers for Disaster Relief
1
0006
Tenant Information and Outreach
2
3
3
0007
SPRAC Renewals
16
0008
Mod Rehab and SRO Renewals
256
300
300
0900
Total new obligations (object class 41.0)
9,870
9,999
10,964
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
259
351
146
1021
Recoveries of prior year unpaid obligations
44
1050
Unobligated balance (total)
303
351
146
Budget authority:
Appropriations, discretionary:
1100
Appropriation
9,517
9,330
10,360
1120
Appropriations transferred to other accts [086–0402]
–20
1121
Appropriations transferred from other acct [086–0163]
28
47
1121
Appropriations transferred from other acct [086–0304]
1
11
16
1160
Appropriation, discretionary (total)
9,518
9,369
10,403
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
25
15
1750
Spending auth from offsetting collections, disc (total)
25
15
1900
Budget authority (total)
9,918
9,794
10,818
1930
Total budgetary resources available
10,221
10,145
10,964
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
351
146
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
4,957
4,959
4,655
3010
Obligations incurred, unexpired accounts
9,870
9,999
10,964
3020
Outlays (gross)
–9,824
–10,303
–10,790
3040
Recoveries of prior year unpaid obligations, unexpired
–44
3050
Unpaid obligations, end of year
4,959
4,655
4,829
Memorandum (non-add) entries:
3100
Obligated balance, start of year
4,957
4,959
4,655
3200
Obligated balance, end of year
4,959
4,655
4,829
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
9,918
9,794
10,818
Outlays, gross:
4010
Outlays from new discretionary authority
4,879
6,033
6,650
4011
Outlays from discretionary balances
4,945
4,270
4,140
4020
Outlays, gross (total)
9,824
10,303
10,790
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4033
Non-Federal sources
–25
–15
4180
Budget authority, net (total)
9,918
9,769
10,803
4190
Outlays, net (total)
9,824
10,278
10,775
The Budget requests $10.760 billion for Project-Based Rental Assistance (PBRA), of which $400 million is requested as an advance
appropriation to become available in 2017. 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 17,300 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 continues to support the program's
shift to a calendar year funding cycle and provides at least 12 months of funding for contracts from January to December 2016.
The Budget proposes legislative reforms to HUD's core rental assistance programs, including (1) allowing fixed-income families
to recertify their incomes every three years; and (2) increasing the threshold used to determine deductions for unreimbursed
medical expenses from 3 to 10 percent of family income. The Budget also 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. Finally, the Budget proposes
to make owners of PBRA properties eligible to compete for funding through the Family Self Sufficiency (FSS) program. More
information on this proposal is available under the FSS heading.
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 $215 million for this purpose.
Tenant Resource Network.—The Budget provides up to $3 million in 2016 for technical assistance to tenant groups, nonprofit groups, and public entities
to support their efforts to preserve affordability of assisted properties and improve tenant services.
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, including renewals, 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, [$420,000,000] $455,000,000 to remain available until September 30, [2018] 2019: Provided, That of the amount provided under this heading, up to [$70,000,000] $77,000,000 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 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, [up to $16,000,000 in any such excess amounts] shall be remitted to the Department and deposited in this account, to be available until September 30, [2018, for purposes under this heading, and shall be in addition to the amounts otherwise provided under this heading for such
purposes] 2019: 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 such funds, together
with such other funds, may be used by the Secretary to support demonstration programs to test housing with services models
for the elderly: Provided further, That unobligated balances, including recaptures and carryover, remaining from funds transferred
to or appropriated under this heading in prior appropriations Acts 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, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–0320–0–1–604
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
Capital Advance Amendments and Expenses
9
46
2
0002
PRAC Renewal/Amendment
287
310
370
0003
Service Coordinators/Congregate Services
62
91
84
0004
Conversion to Assisted Living Facilities
1
15
4
0006
Senior Preservation Rental Assistance Contracts
3
12
12
0007
PRAD
16
14
0799
Total direct obligations
362
490
486
0801
Reimbursable program activity
8
13
0900
Total new obligations
362
498
499
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
156
180
118
1021
Recoveries of prior year unpaid obligations
3
1050
Unobligated balance (total)
159
180
118
Budget authority:
Appropriations, discretionary:
1100
Appropriation
384
420
455
1120
Appropriations transferred to other accts [086–0402]
–3
1160
Appropriation, discretionary (total)
384
420
452
Spending authority from offsetting collections, discretionary:
1700
Collected
16
26
1750
Spending auth from offsetting collections, disc (total)
16
26
1900
Budget authority (total)
384
436
478
1930
Total budgetary resources available
543
616
596
Memorandum (non-add) entries:
1940
Unobligated balance expiring
–1
1941
Unexpired unobligated balance, end of year
180
118
97
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
2,317
1,776
1,524
3010
Obligations incurred, unexpired accounts
362
498
499
3020
Outlays (gross)
–889
–750
–698
3040
Recoveries of prior year unpaid obligations, unexpired
–3
3041
Recoveries of prior year unpaid obligations, expired
–11
3050
Unpaid obligations, end of year
1,776
1,524
1,325
Memorandum (non-add) entries:
3100
Obligated balance, start of year
2,317
1,776
1,524
3200
Obligated balance, end of year
1,776
1,524
1,325
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
384
436
478
Outlays, gross:
4010
Outlays from new discretionary authority
79
143
162
4011
Outlays from discretionary balances
810
607
536
4020
Outlays, gross (total)
889
750
698
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4033
Non-Federal sources
–16
–26
4180
Budget authority, net (total)
384
420
452
4190
Outlays, net (total)
889
734
672
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 $455 million for this program, including
$365 million to renew and amend operating subsidy contracts for existing Section 202 housing, $77 million to support service
coordinators who work on-site to help residents obtain critical services, such as benefit counseling, $10 million to extend
and expand the Section 202 Demonstration authorized by the fiscal year 2014 appropriations act, and $3 million for property
inspections and related expenses. The demonstration authority provides HUD an opportunity to develop a housing-with-services
program for low-income elderly to test models with the potential to delay or avoid the need for nursing home care. The program
will evaluate whether housing and supportive services with a health/wellness component can successfully and cost effectively
help elderly residents maintain their housing and health while avoiding costly institutional care. The Budget also seeks renewed
authority 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.
Object Classification (in millions of dollars)
Identification code 086–0320–0–1–604
2014 actual
2015 est.
2016 est.
41.0
Direct obligations: Grants, subsidies, and contributions
362
490
486
99.0
Reimbursable obligations
8
13
99.9
Total new obligations
362
498
499
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, [$135,000,000] $177,000,000, to remain available until September 30, [2018] 2019: 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, [2018] 2019: 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, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–0237–0–1–604
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
Capital Advance Amendments and Expenses
4
8
7
0002
PRAC/PAC Renewals and Amendments
104
113
147
0004
State Housing Project Rental Assistance
101
116
44
0799
Total direct obligations
209
237
198
0801
Reimbursable program activity
7
9
0900
Total new obligations
209
244
207
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
242
161
66
1021
Recoveries of prior year unpaid obligations
2
1050
Unobligated balance (total)
244
161
66
Budget authority:
Appropriations, discretionary:
1100
Appropriation
126
135
177
1120
Appropriations transferred to other accts [086–0402]
–1
1160
Appropriation, discretionary (total)
126
135
176
Spending authority from offsetting collections, discretionary:
1700
Collected
14
17
1750
Spending auth from offsetting collections, disc (total)
14
17
1900
Budget authority (total)
126
149
193
1930
Total budgetary resources available
370
310
259
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
161
66
52
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
540
522
515
3010
Obligations incurred, unexpired accounts
209
244
207
3020
Outlays (gross)
–222
–251
–279
3040
Recoveries of prior year unpaid obligations, unexpired
–2
3041
Recoveries of prior year unpaid obligations, expired
–3
3050
Unpaid obligations, end of year
522
515
443
Memorandum (non-add) entries:
3100
Obligated balance, start of year
540
522
515
3200
Obligated balance, end of year
522
515
443
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
126
149
193
Outlays, gross:
4010
Outlays from new discretionary authority
26
98
127
4011
Outlays from discretionary balances
196
153
152
4020
Outlays, gross (total)
222
251
279
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4033
Non-Federal sources
–14
–17
4180
Budget authority, net (total)
126
135
176
4190
Outlays, net (total)
222
237
262
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 $177 million for this program, including $150 million to
renew and amend operating subsidy contracts for existing Section 811 housing, $25 million for new Project Rental Assistance
(PRA) awards to state housing agencies, and $2 million for property inspections and related expenses. The PRA awards 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.
Object Classification (in millions of dollars)
Identification code 086–0237–0–1–604
2014 actual
2015 est.
2016 est.
41.0
Direct obligations: Grants, subsidies, and contributions
209
237
198
99.0
Reimbursable obligations
7
9
99.9
Total new obligations
209
244
207
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, [$47,000,000] $60,000,000, to remain available until September 30, [2016] 2017, 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 180 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: Provided further, That for purposes of providing such grants from amounts provided under this heading, the Secretary may enter into multiyear
agreements as is appropriate, subject to the availability of annual appropriations. (Department of Housing and Urban Development Appropriations Act, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–0156–0–1–604
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
Housing Counseling Assistance
40
42
54
0002
Administrative Contract Services
4
5
5
0900
Total new obligations
44
47
59
Budgetary resources:
Budget authority:
Appropriations, discretionary:
1100
Appropriation
45
47
60
1120
Appropriations transferred to other accts [086–0402]
–1
1160
Appropriation, discretionary (total)
45
47
59
1930
Total budgetary resources available
45
47
59
Memorandum (non-add) entries:
1940
Unobligated balance expiring
–1
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
36
42
50
3010
Obligations incurred, unexpired accounts
44
47
59
3020
Outlays (gross)
–37
–30
–47
3041
Recoveries of prior year unpaid obligations, expired
–1
–9
3050
Unpaid obligations, end of year
42
50
62
Memorandum (non-add) entries:
3100
Obligated balance, start of year
36
42
50
3200
Obligated balance, end of year
42
50
62
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
45
47
59
Outlays, gross:
4010
Outlays from new discretionary authority
5
6
8
4011
Outlays from discretionary balances
32
24
39
4020
Outlays, gross (total)
37
30
47
4180
Budget authority, net (total)
45
47
59
4190
Outlays, net (total)
37
30
47
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.
The 2016 Budget includes $60 million for this program, the bulk of which funds grants to HUD-approved Housing Counseling agencies
for direct services. In particular, the Office of Housing Counseling is focused on expanding the number of counseled FHA borrowers
and increasing access to resources that create more sustainable housing opportunities for households. As the economy improves
and the number of first-time homebuyers increases, the need and demand for housing counseling will increase as well.
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.
Object Classification (in millions of dollars)
Identification code 086–0156–0–1–604
2014 actual
2015 est.
2016 est.
Direct obligations:
25.2
Other services from non-Federal sources
4
5
5
41.0
Grants, subsidies, and contributions
40
42
54
99.9
Total new obligations
44
47
59
Energy Innovation Fund
Program and Financing (in millions of dollars)
Identification code 086–0401–0–1–272
2014 actual
2015 est.
2016 est.
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
37
26
6
3020
Outlays (gross)
–11
–20
–6
3050
Unpaid obligations, end of year
26
6
Memorandum (non-add) entries:
3100
Obligated balance, start of year
37
26
6
3200
Obligated balance, end of year
26
6
Budget authority and outlays, net:
Discretionary:
Outlays, gross:
4011
Outlays from discretionary balances
11
20
6
4190
Outlays, net (total)
11
20
6
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 086–0407–0–1–371
2014 actual
2015 est.
2016 est.
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
181
232
232
1021
Recoveries of prior year unpaid obligations
51
1050
Unobligated balance (total)
232
232
232
1930
Total budgetary resources available
232
232
232
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
232
232
232
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
166
103
34
3020
Outlays (gross)
–12
–69
–29
3040
Recoveries of prior year unpaid obligations, unexpired
–51
3050
Unpaid obligations, end of year
103
34
5
Memorandum (non-add) entries:
3100
Obligated balance, start of year
166
103
34
3200
Obligated balance, end of year
103
34
5
Budget authority and outlays, net:
Mandatory:
Outlays, gross:
4101
Outlays from mandatory balances
12
69
29
4190
Outlays, net (total)
12
69
29
Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)
Identification code 086–0407–0–1–371
2014 actual
2015 est.
2016 est.
Direct loan subsidy outlays:
134001
Emergency Homeowners' Relief
5
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 086–4357–0–3–371
2014 actual
2015 est.
2016 est.
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
1
17
17
1021
Recoveries of prior year unpaid obligations
15
1029
Other balances withdrawn
–1
–1
1050
Unobligated balance (total)
16
16
16
Financing authority:
Spending authority from offsetting collections, mandatory:
1800
Positive Subsidy
6
1800
Repayments
1
1
1801
Change in uncollected payments, Federal sources
–5
1850
Spending auth from offsetting collections, mand (total)
1
1
1
1900
Financing authority (total)
1
1
1
1930
Total budgetary resources available
17
17
17
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
17
17
17
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
36
16
16
3020
Financing disbursements (gross)
–5
3040
Recoveries of prior year unpaid obligations, unexpired
–15
3050
Unpaid obligations, end of year
16
16
16
Uncollected payments:
3060
Uncollected pymts, Fed sources, brought forward, Oct 1
–36
–31
–31
3070
Change in uncollected pymts, Fed sources, unexpired
5
3090
Uncollected pymts, Fed sources, end of year
–31
–31
–31
Memorandum (non-add) entries:
3100
Obligated balance, start of year
–15
–15
3200
Obligated balance, end of year
–15
–15
–15
Financing authority and disbursements, net:
Mandatory:
4090
Financing authority, gross
1
1
1
Financing disbursements:
4110
Financing disbursements, gross
5
Offsets against gross financing authority and disbursements:
Offsetting collections (collected) from:
4120
Federal sources
–4
4122
Interest on uninvested funds
–1
4123
Repayments of principal, net
–1
–1
–1
4130
Offsets against gross financing auth and disbursements (total)
–6
–1
–1
Additional offsets against financing authority only (total):
4140
Change in uncollected pymts, Fed sources, unexpired
5
4170
Financing disbursements, net (mandatory)
–1
–1
–1
4190
Financing disbursements, net (total)
–1
–1
–1
Status of Direct Loans (in millions of dollars)
Identification code 086–4357–0–3–371
2014 actual
2015 est.
2016 est.
Position with respect to appropriations act limitation on obligations:
1121
Limitation available from carry-forward
767
767
767
1143
Unobligated limitation carried forward (P.L. xx) (-)
–767
–767
–767
1150
Total direct loan obligations
Cumulative balance of direct loans outstanding:
1210
Outstanding, start of year
63
82
61
1231
Disbursements: Direct loan disbursements
5
1251
Repayments: Repayments and prepayments
–1
–1
–1
Write-offs for default:
1263
Direct loans
–5
–20
–20
1264
Other adjustments, net (+ or -)
20
1290
Outstanding, end of year
82
61
40
Balance Sheet (in millions of dollars)
Identification code 086–4357–0–3–371
2013 actual
2014 actual
ASSETS:
1101
Federal assets: Fund balances with Treasury
4
2
Net value of assets related to post-1991 direct loans receivable:
1401
Direct loans receivable, gross
63
82
1405
Allowance for subsidy cost (-)
–63
–81
1499
Net present value of assets related to direct loans
1
1999
Total assets
4
3
LIABILITIES:
2103
Federal liabilities: Debt payable to Treasury
4
3
4999
Total upward reestimate subsidy BA [86–0407]
4
3
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, [$18,000,000] $30,000,000, 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. (Department of Housing and Urban Development Appropriations Act, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–0206–0–1–999
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
Rent supplement
14
13
3
0002
Homeownership and rental housing assistance (Sections 235 and 236)
20
25
43
0900
Total new obligations (object class 41.0)
34
38
46
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
49
46
28
1021
Recoveries of prior year unpaid obligations
54
2
1025
Unobligated balance of contract authority withdrawn
–3
1029
Other balances withdrawn
–38
1050
Unobligated balance (total)
62
48
28
Budget authority:
Appropriations, discretionary:
1100
Appropriation
21
18
30
1100
Appropriation (per RAD authority)
2
1131
Unobligated balance of appropriations permanently reduced (rescission)
–4
1131
Unobligated balance of appropriations permanently reduced (RAD conversions)
–2
1160
Appropriation, discretionary (total)
17
18
30
Appropriations, mandatory:
1200
Appropriation
279
22
22
1238
Appropriations applied to liquidate contract authority
–279
–22
–22
Spending authority from offsetting collections, discretionary:
1700
Collected
1
1750
Spending auth from offsetting collections, disc (total)
1
1900
Budget authority (total)
18
18
30
1930
Total budgetary resources available
80
66
58
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
46
28
12
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
1,574
1,224
973
3010
Obligations incurred, unexpired accounts
34
38
46
3020
Outlays (gross)
–330
–287
–240
3040
Recoveries of prior year unpaid obligations, unexpired
–54
–2
3050
Unpaid obligations, end of year
1,224
973
779
Memorandum (non-add) entries:
3100
Obligated balance, start of year
1,574
1,224
973
3200
Obligated balance, end of year
1,224
973
779
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
18
18
30
Outlays, gross:
4010
Outlays from new discretionary authority
3
8
13
4011
Outlays from discretionary balances
327
279
227
4020
Outlays, gross (total)
330
287
240
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4033
Non-Federal sources
–1
4180
Budget authority, net (total)
17
18
30
4190
Outlays, net (total)
329
287
240
Memorandum (non-add) entries:
5052
Obligated balance, SOY: Contract authority
466
184
162
5053
Obligated balance, EOY: Contract authority
184
162
140
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 assisted 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 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, HUD is taking
steps to preserve this affordable housing stock . 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 Section 8 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 086–0196–0–1–604
2014 actual
2015 est.
2016 est.
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
1
1
1
1930
Total budgetary resources available
1
1
1
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
1
1
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
Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)
Identification code 086–0306–0–1–604
2014 actual
2015 est.
2016 est.
Direct loan reestimates:
135001
Energy Retrofit Loans
–5
–6
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 086–4041–0–3–604
2014 actual
2015 est.
2016 est.
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
3
5
8
Budget authority:
Spending authority from offsetting collections, mandatory:
1800
Collected
2
3
3
1850
Spending auth from offsetting collections, mand (total)
2
3
3
1930
Total budgetary resources available
5
8
11
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
5
8
11
Budget authority and outlays, net:
Mandatory:
4090
Budget authority, gross
2
3
3
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4123
Non-Federal sources
–2
–3
–3
4190
Outlays, net (total)
–2
–3
–3
As authorized by the Housing and Urban Development Act of 1968, this account collects funds which are in excess of the established
basic rents for units in Section 236 subsidized projects. Funds in this account remain available to pay refunds of excess
rental charges.
Flexible Subsidy Fund
Program and Financing (in millions of dollars)
Identification code 086–4044–0–3–604
2014 actual
2015 est.
2016 est.
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
294
336
380
Budget authority:
Spending authority from offsetting collections, discretionary:
1700
Collected
42
44
44
1750
Spending auth from offsetting collections, disc (total)
42
44
44
1930
Total budgetary resources available
336
380
424
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
336
380
424
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
42
44
44
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4033
Non-Federal sources
–42
–44
–44
4190
Outlays, net (total)
–42
–44
–44
Memorandum (non-add) entries:
5090
Unexpired unavailable balance, SOY: Offsetting collections
2
2
2
5092
Unexpired unavailable balance, EOY: Offsetting collections
2
2
2
Status of Direct Loans (in millions of dollars)
Identification code 086–4044–0–3–604
2014 actual
2015 est.
2016 est.
Cumulative balance of direct loans outstanding:
1210
Outstanding, start of year
508
476
446
1251
Repayments: Repayments and prepayments
–32
–30
–30
1290
Outstanding, end of year
476
446
416
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.
Balance Sheet (in millions of dollars)
Identification code 086–4044–0–3–604
2013 actual
2014 actual
ASSETS:
1101
Federal assets: Fund balances with Treasury
296
338
1601
Direct loans, gross
479
451
1602
Interest receivable
92
88
1603
Allowance for estimated uncollectible loans and interest (-)
–49
–39
1699
Value of assets related to direct loans
522
500
1999
Total assets
818
838
NET POSITION:
3100
Unexpended appropriations
296
338
3300
Cumulative results of operations
522
500
3999
Total net position
818
838
4999
Total liabilities and net position
818
838
Home Ownership Preservation Equity Fund Program Account
Program and Financing (in millions of dollars)
Identification code 086–0343–0–1–371
2014 actual
2015 est.
2016 est.
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
461
461
1023
Unobligated balances applied to repay debt
–461
1050
Unobligated balance (total)
461
1930
Total budgetary resources available
461
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
461
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. In 2016, excess HOPE Bond proceeds in the amount of $456 million
will be a) transferred to the HOPE Reserve Fund, and b) used to retire the HOPE Bonds. Remaining HOPE Bond activity is shown
in the HOPE Reserve Fund.
Home Ownership Preservation Entity Fund Financing Account
Program and Financing (in millions of dollars)
Identification code 086–4353–0–3–371
2014 actual
2015 est.
2016 est.
Obligations by program activity:
Credit program obligations:
0711
Default claim payments on principal
5
2
2
0712
Default claim payments on interest
1
1
0900
Total new obligations
5
3
3
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
19
17
15
Financing authority:
Spending authority from offsetting collections, mandatory:
1800
Collected
3
1
1
1850
Spending auth from offsetting collections, mand (total)
3
1
1
1930
Total budgetary resources available
22
18
16
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
17
15
13
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
1
3010
Obligations incurred, unexpired accounts
5
3
3
3020
Financing disbursements (gross)
–5
–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
3
1
1
Financing disbursements:
4110
Financing disbursements, gross
5
2
2
Offsets against gross financing authority and disbursements:
Offsetting collections (collected) from:
4122
Interest on uninvested funds
–1
4123
Premiums
–2
4123
Recoveries on defaults
–1
–1
4130
Offsets against gross financing auth and disbursements (total)
–3
–1
–1
4170
Financing disbursements, net (mandatory)
2
1
1
4190
Financing disbursements, net (total)
2
1
1
Status of Guaranteed Loans (in millions of dollars)
Identification code 086–4353–0–3–371
2014 actual
2015 est.
2016 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
113
104
100
2251
Repayments and prepayments
–4
–2
–2
Adjustments:
2261
Terminations for default that result in loans receivable
–1
2262
Terminations for default that result in acquisition of property
–2
–2
–2
2263
Terminations for default that result in claim payments
–2
2290
Outstanding, end of year
104
100
96
Memorandum:
2299
Guaranteed amount of guaranteed loans outstanding, end of year
104
100
96
Addendum:
Cumulative balance of defaulted guaranteed loans that result in loans receivable:
2310
Outstanding, start of year
2390
Outstanding, end of year
Balance Sheet (in millions of dollars)
Identification code 086–4353–0–3–371
2013 actual
2014 actual
ASSETS:
1101
Federal assets: Fund balances with Treasury
20
20
Net value of assets related to post-1991 acquired defaulted guaranteed loans receivable:
1504
Foreclosed property
1
1
1505
Allowance for subsidy cost (-)
–1
–1
1599
Net present value of assets related to defaulted guaranteed loans
1999
Total assets
20
20
LIABILITIES:
2204
Non-Federal liabilities: Liabilities for loan guarantees
20
20
4999
Total liabilities and net position
20
20
Nehemiah Housing Opportunity Fund
Program and Financing (in millions of dollars)
Identification code 086–4071–0–3–604
2014 actual
2015 est.
2016 est.
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
1
1029
Other balances withdrawn
–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. Pursuant to 31 U.S.C. 1555, which provides
that an appropriation account available for obligation for an indefinite period of time shall be closed if the purposes for
which the appropriation was made have been carried out and no disbursement has been made against the appropriation for two
consecutive fiscal years, this account will be closed in 2016.
Mutual mortgage insurance program account
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, [2016] 2017: Provided, That during fiscal year [2015] 2016, 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] $5,000,000: 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.
[: Provided further, That f] For administrative contract expenses of the Federal Housing Administration, [$130,000,000] $174,000,000, to remain available until September 30, [2016:] 2017, of which up to $30,000,000 may be used for necessary salaries and expenses and information technology systems of the Federal
Housing Administration, which is in addition to amounts otherwise provided under this title for such salaries and expenses
and information technology purposes: Provided further, That any amounts to be used 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 for such purposes and shall remain available until September 30, 2017, and any amounts to be used for such
information technology purposes pursuant to the previous proviso shall be transferred to the Information Technology Fund under
this title for such purposes and shall remain available until September 30, 2017, and any such transferred amounts may be
transferred back to this account and shall remain available until September 30, 2017: Provided further, That to the extent guaranteed loan commitments exceed $200,000,000,000 on or before April 1, [2015] 2016, 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 240 of this title, shall be credited as offsetting collections to this account. (Department of Housing and Urban Development Appropriations Act, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–0183–0–1–371
2014 actual
2015 est.
2016 est.
Obligations by program activity:
Credit program obligations:
0707
Reestimates of loan guarantee subsidy
5,067
11,789
0708
Interest on reestimates of loan guarantee subsidy
702
1,103
0709
Administrative expenses
123
172
172
0900
Total new obligations
5,892
13,064
172
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
34
42
1001
Discretionary unobligated balance brought fwd, Oct 1
34
42
1011
Unobligated balance transfer from other acct [086–0236]
2
7,338
1021
Recoveries of prior year unpaid obligations
6
1050
Unobligated balance (total)
42
7,380
Budget authority:
Appropriations, discretionary:
1100
Appropriation - Administrative Expenses
127
130
174
1120
Appropriations transferred to other accts [086–0402]
–1
1160
Appropriation, discretionary (total)
127
130
173
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 [086–0236]
5,766
5,554
1850
Spending auth from offsetting collections, mand (total)
5,766
5,554
1900
Budget authority (total)
5,893
5,684
173
1930
Total budgetary resources available
5,935
13,064
173
Memorandum (non-add) entries:
1940
Unobligated balance expiring
–1
1941
Unexpired unobligated balance, end of year
42
1
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
147
148
177
3001
Adjustments to unpaid obligations, brought forward, Oct 1
2
3010
Obligations incurred, unexpired accounts
5,892
13,064
172
3020
Outlays (gross)
–5,871
–13,035
–143
3040
Recoveries of prior year unpaid obligations, unexpired
–6
3041
Recoveries of prior year unpaid obligations, expired
–16
3050
Unpaid obligations, end of year
148
177
206
Memorandum (non-add) entries:
3100
Obligated balance, start of year
149
148
177
3200
Obligated balance, end of year
148
177
206
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
127
130
173
Outlays, gross:
4010
Outlays from new discretionary authority
15
13
17
4011
Outlays from discretionary balances
88
130
126
4020
Outlays, gross (total)
103
143
143
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4033
Non-Federal sources:
–30
Mandatory:
4090
Budget authority, gross
5,766
5,554
Outlays, gross:
4100
Outlays from new mandatory authority
5,766
5,554
4101
Outlays from mandatory balances
2
7,338
4110
Outlays, gross (total)
5,768
12,892
4180
Budget authority, net (total)
5,893
5,684
143
4190
Outlays, net (total)
5,871
13,035
113
Memorandum (non-add) entries:
5092
Unexpired unavailable balance, EOY: Offsetting collections
30
Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)
Identification code 086–0183–0–1–371
2014 actual
2015 est.
2016 est.
Direct loan levels supportable by subsidy budget authority:
115001
MMI Fund, Direct loans
19
5
Direct loan subsidy (in percent):
132001
MMI Fund, Direct loans
0.00
0.00
0.00
Guaranteed loan levels supportable by subsidy budget authority:
215002
MMI Fund
135,087
134,707
173,600
215004
MMI HECM
13,534
15,860
15,138
215005
MMI Refi
192
300
300
215999
Total loan guarantee levels
148,813
150,867
189,038
Guaranteed loan subsidy (in percent):
232002
MMI Fund
–7.25
–6.58
–3.70
232004
MMI HECM
-.41
-.40
-.69
232005
MMI Refi
0.00
0.00
0.00
232999
Weighted average subsidy rate
–6.62
–5.92
–3.45
Guaranteed loan subsidy budget authority:
233002
MMI Fund
–9,794
–8,864
–6,423
233004
MMI HECM
–55
–63
–104
233999
Total subsidy budget authority
–9,849
–8,927
–6,527
Guaranteed loan subsidy outlays:
234002
MMI Fund
–9,794
–8,864
–6,423
234004
MMI HECM
–55
–63
–104
234999
Total subsidy outlays
–9,849
–8,927
–6,527
Guaranteed loan reestimates:
235002
MMI Fund
3,234
3,665
235004
MMI HECM
–716
790
235999
Total guaranteed loan reestimates
2,518
4,455
Administrative expense data:
3510
Budget authority
161
130
174
3580
Outlays from balances
89
78
117
3590
Outlays from new authority
13
13
17
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 provided broad
access to credit as conventional financing became scarce.
In 2016, the Budget requests a limitation of $400 billion on loan guarantees for the Mutual Mortgage Insurance (MMI) Fund.
The Budget projects insurance of $173.6 billion in single family forward mortgages and $15.1 billion in Home Equity Conversion
Mortgages (HECMs) with additional commitment authority available in case these amounts are exceeded during execution.
The Budget requests an appropriation of $174 million in administrative expenses, which will allow FHA to implement improved
risk management and program support processes which are 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 information technology, with a focus on increasing FHA's risk management efforts via expanded quality control sampling,
enhanced tools and other risk management initiatives. Through these efforts, FHA will ensure lender compliance with FHA policies
and reduce losses to the FHA insurance fund. The Budget allows for a transfer of up to $30 million from this account to the
Office of Housing Salaries and Expenses account and the Information Technology Fund. Any funds transferred will be used for
FHA salaries and expenses and information technology purposes and any unobligated balances will be transferred back to the
MMI Program account.
FHA has made multiple policy changes to strengthen the MMI Fund, including increasing its annual premium five times since
2009. In June 2013, FHA ended its policy permitting borrowers to stop paying annual insurance premiums when their loans amortized
to a certain percentage of the original principal balance. Also, FHA now requires manual underwriting for loans with credit
scores below 620 and debt-to-income ratios greater than 43 percent to ensure that such borrowers possess compensating factors
that accord with FHA underwriting guidelines. To improve access to credit without negatively impacting the trajectory of the
MMI Capital Reserve Fund, FHA announced a 0.5 percentage point reduction in the annual insurance premium effective in January.
HUD is pursuing comprehensive legislative changes to give FHA the tools it needs to build upon the many administrative steps
it has taken since 2009 to improve FHA Single Family Programs. These items will allow FHA to enhance enforcement, create certainty
for FHA approved lenders, and increase 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._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. HUD seeks authority that would provide 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 continues 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 seeks 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.
Object Classification (in millions of dollars)
Identification code 086–0183–0–1–371
2014 actual
2015 est.
2016 est.
Direct obligations:
25.2
Other services from non-Federal sources
123
172
172
41.0
Grants, subsidies, and contributions
5,067
11,789
43.0
Interest and dividends
702
1,103
99.9
Total new obligations
5,892
13,064
172
FHA-mutual Mortgage Insurance Direct Loan Financing Account
Program and Financing (in millions of dollars)
Identification code 086–4242–0–3–371
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0003
Claims & other
1
1
Credit program obligations:
0710
Direct loan obligations
19
5
0713
Payment of interest to Treasury
1
1
0791
Direct program activities, subtotal
20
6
0900
Total new obligations
21
7
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
6
5
1022
Capital transfer of unobligated balances to general fund
–5
1023
Unobligated balances applied to repay debt
–1
1050
Unobligated balance (total)
5
Financing authority:
Borrowing authority, mandatory:
1400
Borrowing authority
20
5
1440
Borrowing authority, mandatory (total)
20
5
Spending authority from offsetting collections, mandatory:
1800
Collected
1
2
1850
Spending auth from offsetting collections, mand (total)
1
2
1900
Financing authority (total)
21
7
1930
Total budgetary resources available
5
21
7
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
5
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
1
3010
Obligations incurred, unexpired accounts
21
7
3020
Financing disbursements (gross)
–20
–5
3050
Unpaid obligations, end of year
1
3
Memorandum (non-add) entries:
3100
Obligated balance, start of year
1
3200
Obligated balance, end of year
1
3
Financing authority and disbursements, net:
Mandatory:
4090
Financing authority, gross
21
7
Financing disbursements:
4110
Financing disbursements, gross
20
5
Offsets against gross financing authority and disbursements:
Offsetting collections (collected) from:
4123
Repayment of Principal
–1
–1
4123
Repayment of interest
–1
4130
Offsets against gross financing auth and disbursements (total)
–1
–2
4160
Financing authority, net (mandatory)
20
5
4170
Financing disbursements, net (mandatory)
19
3
4180
Financing authority, net (total)
20
5
4190
Financing disbursements, net (total)
19
3
Status of Direct Loans (in millions of dollars)
Identification code 086–4242–0–3–371
2014 actual
2015 est.
2016 est.
Position with respect to appropriations act limitation on obligations:
1111
Direct loan obligations from current-year authority
20
20
5
1142
Unobligated direct loan limitation (-)
–20
–1
1150
Total direct loan obligations
19
5
Cumulative balance of direct loans outstanding:
1210
Outstanding, start of year
1231
Disbursements: Direct loan disbursements
1
1
1251
Repayments: Repayments and prepayments
–1
–1
1290
Outstanding, end of year
Balance Sheet (in millions of dollars)
Identification code 086–4242–0–3–371
2013 actual
2014 actual
ASSETS:
1101
Federal assets: Fund balances with Treasury
6
6
1405
Net value of assets related to post-1991 direct loans receivable: Allowance for subsidy cost (-)
–5
–6
1999
Total assets
1
LIABILITIES:
2103
Federal liabilities: Federal Liabilities - Debt
1
4999
Total liabilities and net position
1
FHA-mutual Mortgage Insurance Guaranteed Loan Financing Account
Program and Financing (in millions of dollars)
Identification code 086–4587–0–3–371
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0003
Other capital investment & operating expenses
5,490
3,924
3,686
Credit program obligations:
0711
Default claim payments on principal
20,491
16,986
14,192
0712
Default claim payments on interest
352
292
244
0713
Payment of interest to Treasury
726
700
700
0740
Negative subsidy obligations
9,849
8,927
6,527
0742
Downward reestimate paid to receipt account
2,463
5,638
0743
Interest on downward reestimates
786
2,797
0791
Direct program activities, subtotal
34,667
35,340
21,663
0900
Total new obligations
40,157
39,264
25,349
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
46,334
37,072
38,454
1021
Recoveries of prior year unpaid obligations
714
1050
Unobligated balance (total)
47,048
37,072
38,454
Financing authority:
Borrowing authority, mandatory:
1400
Borrowing authority
7,000
8,600
8,600
1440
Borrowing authority, mandatory (total)
7,000
8,600
8,600
Spending authority from offsetting collections, mandatory:
1800
Offsetting collections
29,181
34,146
22,859
1825
Spending authority from offsetting collections applied to repay debt
–6,000
–2,100
–2,100
1850
Spending auth from offsetting collections, mand (total)
23,181
32,046
20,759
1900
Financing authority (total)
30,181
40,646
29,359
1930
Total budgetary resources available
77,229
77,718
67,813
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
37,072
38,454
42,464
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
2,019
1,805
209
3010
Obligations incurred, unexpired accounts
40,157
39,264
25,349
3020
Financing disbursements (gross)
–39,657
–40,860
–25,533
3040
Recoveries of prior year unpaid obligations, unexpired
–714
3050
Unpaid obligations, end of year
1,805
209
25
Memorandum (non-add) entries:
3100
Obligated balance, start of year
2,019
1,805
209
3200
Obligated balance, end of year
1,805
209
25
Financing authority and disbursements, net:
Mandatory:
4090
Financing authority, gross
30,181
40,646
29,359
Financing disbursements:
4110
Financing disbursements, gross
39,657
40,860
25,533
Offsets against gross financing authority and disbursements:
Offsetting collections (collected) from:
4120
Transfer of Reestimates from reserves in Capital Reserve account
–5,769
–12,891
4122
Interest on uninvested funds
–1,638
–1,500
–1,500
4123
Fees and premiums
–11,040
–12,428
–12,228
4123
Recoveries on defaults
–10,734
–7,327
–9,131
4130
Offsets against gross financing auth and disbursements (total)
–29,181
–34,146
–22,859
4160
Financing authority, net (mandatory)
1,000
6,500
6,500
4170
Financing disbursements, net (mandatory)
10,476
6,714
2,674
4180
Financing authority, net (total)
1,000
6,500
6,500
4190
Financing disbursements, net (total)
10,476
6,714
2,674
Status of Guaranteed Loans (in millions of dollars)
Identification code 086–4587–0–3–371
2014 actual
2015 est.
2016 est.
Position with respect to appropriations act limitation on commitments:
2111
Guaranteed loan commitments from current-year authority
400,000
400,000
400,000
2142
Uncommitted loan guarantee limitation
–251,187
–249,133
–210,962
2150
Total guaranteed loan commitments
148,813
150,867
189,038
2199
Guaranteed amount of guaranteed loan commitments
148,813
150,867
189,038
Cumulative balance of guaranteed loans outstanding:
2210
Outstanding, start of year
1,139,529
1,130,573
1,073,946
2231
Disbursements of new guaranteed loans
148,813
144,010
163,598
2251
Repayments and prepayments
–139,989
–172,864
–138,114
Adjustments:
2261
Terminations for default that result in loans receivable
–10,165
–8,232
–8,279
2262
Terminations for default that result in acquisition of property
–8,330
–10,656
–8,187
2263
Terminations for default that result in claim payments
–1,997
–8,885
–9,075
2264
Other adjustments, net
2,712
2290
Outstanding, end of year
1,130,573
1,073,946
1,073,889
Memorandum:
2299
Guaranteed amount of guaranteed loans outstanding, end of year
1,107,265
1,073,946
1,073,889
Addendum:
Cumulative balance of defaulted guaranteed loans that result in loans receivable:
2310
Outstanding, start of year
3,487
6,240
9,103
2331
Disbursements for guaranteed loan claims
9,276
5,713
5,713
2351
Repayments of loans receivable
–4,887
–2,850
–2,850
2361
Write-offs of loans receivable
–800
2364
Other adjustments, net
–836
2390
Outstanding, end of year
6,240
9,103
11,966
Balance Sheet (in millions of dollars)
Identification code 086–4587–0–3–371
2013 actual
2014 actual
ASSETS:
Federal assets:
1101
Fund balances with Treasury
48,353
38,877
Investments in US securities:
1106
Receivables, net
7,357
9,714
1206
Non-Federal assets: Receivables, net
1,428
Net value of assets related to post-1991 acquired defaulted guaranteed loans receivable:
1501
Defaulted guaranteed loans receivable, gross
3,487
6,240
1502
Interest receivable
163
371
1504
Foreclosed property
4,500
2,442
1505
Allowance for subsidy cost
–4,957
–4,792
1599
Net value of assets related to defaulted guaranteed loan
3,193
4,261
1901
Other Federal assets: Other assets
379
2
1999
Total assets
59,282
54,282
LIABILITIES:
Federal liabilities:
2101
Accounts payable
8
3
2103
Federal liabilities, Debt
22,048
23,048
2105
Other
4,830
6,198
Non-Federal liabilities:
2201
Accounts payable
47
115
2204
Liabilities for loan guarantees
32,207
24,625
2207
Other
142
293
2999
Total liabilities
59,282
54,282
4999
Total liabilities and net position
59,282
54,282
FHA-mutual Mortgage Insurance Capital Reserve Account
Program and Financing (in millions of dollars)
Identification code 086–0236–0–1–371
2014 actual
2015 est.
2016 est.
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
2
7,338
11,869
1010
Unobligated balance transfer to other accts [086–0183]
–2
–7,338
1050
Unobligated balance (total)
11,869
Budget authority:
Spending authority from offsetting collections, mandatory:
1800
Offsetting collections (negative subsidy)
9,849
8,927
6,527
1800
Offsetting collections (interest on investments)
–2
60
396
1800
Offsetting collections (downward reestimate)
3,250
8,436
1801
Change in uncollected payments, Federal sources
7
1810
Spending authority from offsetting collections transferred to other accounts [086–0183]
–5,766
–5,554
1850
Spending auth from offsetting collections, mand (total)
7,338
11,869
6,923
1930
Total budgetary resources available
7,338
11,869
18,792
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
7,338
11,869
18,792
Change in obligated balance:
Uncollected payments:
3060
Uncollected pymts, Fed sources, brought forward, Oct 1
–2
–9
–9
3070
Change in uncollected pymts, Fed sources, unexpired
–7
3090
Uncollected pymts, Fed sources, end of year
–9
–9
–9
Memorandum (non-add) entries:
3100
Obligated balance, start of year
–2
–9
–9
3200
Obligated balance, end of year
–9
–9
–9
Budget authority and outlays, net:
Discretionary:
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4030
Federal sources
–9,849
–8,927
–6,527
Mandatory:
4090
Budget authority, gross
7,338
11,869
6,923
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4120
Federal Sources: Downward Re-estimate
–3,250
–8,436
4121
Interest on Federal securities
2
–60
–396
4130
Offsets against gross budget authority and outlays (total)
–3,248
–8,496
–396
Additional offsets against gross budget authority only:
4140
Change in uncollected pymts, Fed sources, unexpired
–7
4160
Budget authority, net (mandatory)
4,083
3,373
6,527
4170
Outlays, net (mandatory)
–3,248
–8,496
–396
4180
Budget authority, net (total)
–5,766
–5,554
4190
Outlays, net (total)
–13,097
–17,423
–6,923
Memorandum (non-add) entries:
5000
Total investments, SOY: Federal securities: Par value
6,379
13,183
5001
Total investments, EOY: Federal securities: Par value
6,379
13,183
20,370
The Capital Reserve account is the ultimate depository for all net budgetary resources collected by the Mutual Mortgage Insurance
(MMI) Fund programs. Negative credit subsidy receipts from new loan guarantees and downward re-estimates as well as interest
earnings on Treasury investments are recorded in this account. This account has no authority to obligate funds but transfers
balances of budget authority as necessary for the cost of upward credit subsidy re-estimates in the MMI Program Account.
Balance Sheet (in millions of dollars)
Identification code 086–0236–0–1–371
2013 actual
2014 actual
ASSETS:
Federal assets:
1101
Fund balances with Treasury
958
Investments in US securities:
1102
Treasury securities, net
6,379
1106
Receivables, net
4,830
6,198
1999
Total assets
4,830
13,535
LIABILITIES:
2101
Federal liabilities: Accounts payable
2,303
9,713
NET POSITION:
3300
Cumulative results of operations
2,527
3,822
4999
Total liabilities and net position
4,830
13,535
FHA-mutual Mortgage and Cooperative Housing Insurance Funds Liquidating Account
Program and Financing (in millions of dollars)
Identification code 086–4070–0–3–371
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0103
Acquisition of real properties
16
15
5
0107
Capitalized Expenses
1
1
0108
Loss mitigation activities
1
1
0191
Total capital investment
16
17
7
0202
Other Operation expenses
9
8
4
0900
Total new obligations
25
25
11
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
15
14
1021
Recoveries of prior year unpaid obligations
11
4
4
1050
Unobligated balance (total)
26
18
4
Budget authority:
Spending authority from offsetting collections, mandatory:
1800
Collected
13
7
7
1850
Spending auth from offsetting collections, mand (total)
13
7
7
1930
Total budgetary resources available
39
25
11
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
14
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
150
147
140
3010
Obligations incurred, unexpired accounts
25
25
11
3020
Outlays (gross)
–17
–28
–29
3040
Recoveries of prior year unpaid obligations, unexpired
–11
–4
–4
3050
Unpaid obligations, end of year
147
140
118
Memorandum (non-add) entries:
3100
Obligated balance, start of year
150
147
140
3200
Obligated balance, end of year
147
140
118
Budget authority and outlays, net:
Mandatory:
4090
Budget authority, gross
13
7
7
Outlays, gross:
4100
Outlays from new mandatory authority
12
7
7
4101
Outlays from mandatory balances
5
21
22
4110
Outlays, gross (total)
17
28
29
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4123
Non-Federal sources - Fees & Premiums
–13
–7
–7
4190
Outlays, net (total)
4
21
22
Status of Guaranteed Loans (in millions of dollars)
Identification code 086–4070–0–3–371
2014 actual
2015 est.
2016 est.
Cumulative balance of guaranteed loans outstanding:
2210
Outstanding, start of year
2,300
1,648
953
2251
Repayments and prepayments
–635
–690
–647
2262
Adjustments: Terminations for default that result in acquisition of property
–17
–5
–1
2290
Outstanding, end of year
1,648
953
305
Memorandum:
2299
Guaranteed amount of guaranteed loans outstanding, end of year
1,648
953
305
Addendum:
Cumulative balance of defaulted guaranteed loans that result in loans receivable:
2310
Outstanding, start of year
17
21
2331
Disbursements for guaranteed loan claims
1,900
2351
Repayments of loans receivable
–411
–21
2361
Write-offs of loans receivable
–1,485
2390
Outstanding, end of year
21
Financial condition._The following tables reflect the revenues, expenses and financial condition of the MMI/CMHI liquidating funds based on Generally
Accepted Accounting Principles.
Balance Sheet (in millions of dollars)
Identification code 086–4070–0–3–371
2013 actual
2014 actual
ASSETS:
1101
Federal assets: Fund balances with Treasury
165
161
1206
Non-Federal assets: Receivables, net
8
3
1701
Defaulted guaranteed loans, gross
17
21
1703
Allowance for estimated uncollectible loans and interest (-)
–10
–3
1704
Defaulted guaranteed loans and interest receivable, net
7
18
1706
Foreclosed property
8
5
1799
Value of assets related to loan guarantees
15
23
1901
Other Federal assets: Other assets
1
1
1999
Total assets
189
188
LIABILITIES:
Non-Federal liabilities:
2201
Accounts payable
147
146
2204
Liabilities for loan guarantees
6
8
2207
Unearned revenue and advances, and other
23
15
2999
Total liabilities
176
169
NET POSITION:
3300
Cumulative results of operations
13
19
4999
Total liabilities and net position
189
188
Object Classification (in millions of dollars)
Identification code 086–4070–0–3–371
2014 actual
2015 est.
2016 est.
Direct obligations:
25.2
Other services from non-Federal sources
8
7
3
32.0
Land and structures
17
16
6
42.0
Insurance claims and indemnities
2
2
99.9
Total new obligations
25
25
11
General and special risk program account
[(including rescission)]
New commitments to guarantee loans insured under the General and Special Risk Insurance Funds, as authorized by sections 238
and 519 of the National Housing Act (12 U.S.C. 1715z-3 and 1735c), shall not exceed $30,000,000,000 in total loan principal,
any part of which is to be guaranteed, to remain available until September 30, [2016] 2017: Provided, That during fiscal year [2015] 2016, gross obligations for the principal amount of direct loans, as authorized by sections 204(g), 207(l), 238, and 519(a) of
the National Housing Act, shall not exceed [$20,000,000] $5,000,000, which shall be for loans to nonprofit and governmental entities in connection with the sale of single family real properties
owned by the Secretary and formerly insured under such Act [: Provided further, That $10,000,000 previously provided under this heading is hereby permanently rescinded]. (Department of Housing and Urban Development Appropriations Act, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–0200–0–1–371
2014 actual
2015 est.
2016 est.
Obligations by program activity:
Credit program obligations:
0707
Reestimates of loan guarantee subsidy
166
1,224
0708
Interest on reestimates of loan guarantee subsidy
44
857
0900
Total new obligations (object class 41.0)
210
2,081
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
16
16
5
Budget authority:
Appropriations, discretionary:
1131
Unobligated balance of appropriations permanently reduced
–10
1160
Appropriation, discretionary (total)
–10
Appropriations, mandatory:
1200
Appropriation
210
2,080
1260
Appropriations, mandatory (total)
210
2,080
1900
Budget authority (total)
210
2,070
1930
Total budgetary resources available
226
2,086
5
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
16
5
5
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
4
1
2
3010
Obligations incurred, unexpired accounts
210
2,081
3020
Outlays (gross)
–210
–2,080
3041
Recoveries of prior year unpaid obligations, expired
–3
3050
Unpaid obligations, end of year
1
2
2
Memorandum (non-add) entries:
3100
Obligated balance, start of year
4
1
2
3200
Obligated balance, end of year
1
2
2
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
–10
Mandatory:
4090
Budget authority, gross
210
2,080
Outlays, gross:
4100
Outlays from new mandatory authority
210
2,080
4180
Budget authority, net (total)
210
2,070
4190
Outlays, net (total)
210
2,080
Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)
Identification code 086–0200–0–1–371
2014 actual
2015 est.
2016 est.
Direct loan levels supportable by subsidy budget authority:
115001
GI/SRI Direct Loans
1
115002
FFB Risk Sharing
803
600
115999
Total direct loan levels
1
803
600
Direct loan subsidy (in percent):
132001
GI/SRI Direct Loans
0.00
0.00
0.00
132002
FFB Risk Sharing
0.00
–10.83
–10.96
132999
Weighted average subsidy rate
0.00
–10.83
–10.96
Direct loan subsidy budget authority:
133002
FFB Risk Sharing
–87
–66
133999
Total subsidy budget authority
–87
–66
Direct loan subsidy outlays:
134002
FFB Risk Sharing
–65
–72
134999
Total subsidy outlays
–65
–72
Guaranteed loan levels supportable by subsidy budget authority:
215001
Multifamily Development
1,705
1,393
1,408
215003
Tax Credit New Construction
1,761
2,300
2,500
215005
Apartments Refinance
7,114
6,142
6,277
215008
Housing Finance Authority Risk Sharing
140
115
138
215009
GSE Risk Sharing
25
88
103
215010
Health Care and Nursing Homes
414
385
385
215011
Health Care Refinances
3,929
3,680
3,680
215012
Hospitals
43
688
700
215013
Other Rental
15
67
74
215017
Title 1 Property Improvement
102
101
101
215018
Title 1 Manufactured Housing
24
21
21
215999
Total loan guarantee levels
15,272
14,980
15,387
Guaranteed loan subsidy (in percent):
232001
Multifamily Development
–3.58
–3.65
–2.74
232003
Tax Credit New Construction
–3.26
–3.19
–1.69
232005
Apartments Refinance
–4.18
–4.69
–4.67
232008
Housing Finance Authority Risk Sharing
–2.85
–2.67
–1.28
232009
GSE Risk Sharing
–1.16
-.89
–1.65
232010
Health Care and Nursing Homes
–1.16
–4.23
–3.43
232011
Health Care Refinances
–4.04
–4.33
–4.23
232012
Hospitals
–4.09
–4.45
–3.22
232013
Other Rental
-.41
–3.39
–1.17
232017
Title 1 Property Improvement
-.10
-.76
-.84
232018
Title 1 Manufactured Housing
–1.66
–2.13
–4.20
232999
Weighted average subsidy rate
–3.84
–4.18
–3.71
Guaranteed loan subsidy budget authority:
233001
Multifamily Development
–61
–51
–39
233003
Tax Credit New Construction
–57
–73
–42
233005
Apartments Refinance
–297
–288
–293
233008
Housing Finance Authority Risk Sharing
–4
–3
–2
233009
GSE Risk Sharing
–1
–2
233010
Health Care and Nursing Homes
–5
–16
–13
233011
Health Care Refinances
–159
–159
–156
233012
Hospitals
–2
–31
–23
233013
Other Rental
–2
–1
233017
Title 1 Property Improvement
–1
–1
233018
Title 1 Manufactured Housing
–1
–1
233999
Total subsidy budget authority
–585
–626
–573
Guaranteed loan subsidy outlays:
234001
Multifamily Development
–53
–58
–42
234003
Tax Credit New Construction
–50
–71
–50
234005
Apartments Refinance
–317
–296
–290
234008
Housing Finance Authority Risk Sharing
–4
–4
–2
234009
GSE Risk Sharing
–1
–2
234010
Health Care and Nursing Homes
–8
–14
–14
234011
Health Care Refinances
–156
–173
–157
234012
Hospitals
–19
–23
–25
234013
Other Rental
–2
–1
234017
Title 1 Property Improvement
–1
–1
234018
Title 1 Manufactured Housing
–1
–1
234999
Total subsidy outlays
–608
–643
–585
Guaranteed loan reestimates:
235023
GI/SRI Reestimates
–1,850
–196
235999
Total guaranteed loan reestimates
–1,850
–196
This account includes credit subsidy budget authority and outlays for FHA's General Insurance and Special Risk Insurance (GI/SRI)
Fund programs, including reestimates and modifications. These programs provide mortgage insurance for a variety of purposes,
including financing for the development or rehabilitation of multifamily housing, nursing homes, and hospitals. The Budget
requests a limitation of $30 billion on loan guarantees for the GI/SRI Fund. It does not request an appropriation of new credit
subsidy funds.
In 2015, FHA established a partnership with the Federal Financing Bank (FFB) to provide FFB financing for multifamily loans
guaranteed by FHA under the Housing Finance Agency (HFA) risk share program. FFB financing is designed to reduce the cost
of funds supporting affordable rental housing and is available on an interim basis until the Congress approves the proposal
to permit Ginnie Mae securitization of such mortgages, which is included in a general provision at the end of this budget
chapter. These FFB-financed guaranteed loans are treated as direct loans in the Budget.
FHA-general and Special Risk Guaranteed Loan Financing Account
Program and Financing (in millions of dollars)
Identification code 086–4077–0–3–371
2014 actual
2015 est.
2016 est.
0001
Capital investment, claims and other
Obligations by program activity:
0003
Other capital investments and operating expenses
125
3
10
0014
Contract Costs
79
0091
Direct program activities, subtotal
204
3
10
Credit program obligations:
0711
Default claim payments on principal
2,449
4,739
4,540
0712
Default claim payments on interest
180
348
333
0713
Payment of interest to Treasury
237
225
225
0740
Negative subsidy obligations
586
626
573
0742
Downward reestimate paid to receipt account
1,479
1,680
0743
Interest on downward reestimates
581
595
0791
Direct program activities, subtotal
5,512
8,213
5,671
0900
Total new obligations
5,716
8,216
5,681
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
11,495
8,474
4,353
1021
Recoveries of prior year unpaid obligations
109
1050
Unobligated balance (total)
11,604
8,474
4,353
Financing authority:
Borrowing authority, mandatory:
1400
Borrowing authority
1,769
800
800
1440
Borrowing authority, mandatory (total)
1,769
800
800
Spending authority from offsetting collections, mandatory:
1800
Collected
1,997
3,695
1,975
1825
Spending authority from offsetting collections applied to repay debt
–1,180
–400
–400
1850
Spending auth from offsetting collections, mand (total)
817
3,295
1,575
1900
Financing authority (total)
2,586
4,095
2,375
1930
Total budgetary resources available
14,190
12,569
6,728
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
8,474
4,353
1,047
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
520
423
622
3010
Obligations incurred, unexpired accounts
5,716
8,216
5,681
3020
Financing disbursements (gross)
–5,704
–8,017
–5,211
3040
Recoveries of prior year unpaid obligations, unexpired
–109
3050
Unpaid obligations, end of year
423
622
1,092
Memorandum (non-add) entries:
3100
Obligated balance, start of year
520
423
622
3200
Obligated balance, end of year
423
622
1,092
Financing authority and disbursements, net:
Mandatory:
4090
Financing authority, gross
2,586
4,095
2,375
Financing disbursements:
4110
Financing disbursements, gross
5,704
8,017
5,211
Offsets against gross financing authority and disbursements:
Offsetting collections (collected) from:
4120
Subsidy reestimate from program account
–210
–2,080
4122
Interest on uninvested funds
–473
–473
–473
4123
Fees and premiums
–841
–865
–881
4123
Recoveries on HUD-Held Notes
–192
–10
–207
4123
Title I recoveries
–8
–1
4123
Single family property recoveries
–221
–149
–194
4123
Gross Proceeds from Mortgage Note Sales
–38
–118
–219
4123
Non-Federal Resources-other
–14
4130
Offsets against gross financing auth and disbursements (total)
–1,997
–3,695
–1,975
4160
Financing authority, net (mandatory)
589
400
400
4170
Financing disbursements, net (mandatory)
3,707
4,322
3,236
4180
Financing authority, net (total)
589
400
400
4190
Financing disbursements, net (total)
3,707
4,322
3,236
Status of Guaranteed Loans (in millions of dollars)
Identification code 086–4077–0–3–371
2014 actual
2015 est.
2016 est.
Position with respect to appropriations act limitation on commitments:
2111
Guaranteed loan commitments from current-year authority
30,000
30,000
30,000
2142
Uncommitted loan guarantee limitation
–14,728
–15,020
–14,613
2150
Total guaranteed loan commitments
15,272
14,980
15,387
2199
Guaranteed amount of guaranteed loan commitments
15,172
14,980
15,387
Cumulative balance of guaranteed loans outstanding:
2210
Outstanding, start of year
146,735
151,910
158,120
2231
Disbursements of new guaranteed loans
15,387
17,917
18,422
2251
Repayments and prepayments
–7,763
–5,623
–7,059
Adjustments:
2261
Terminations for default that result in loans receivable
–1,533
–4,667
–3,568
2262
Terminations for default that result in acquisition of property
–739
–332
–187
2263
Terminations for default that result in claim payments
–177
–1,085
–5,304
2290
Outstanding, end of year
151,910
158,120
160,424
Memorandum:
2299
Guaranteed amount of guaranteed loans outstanding, end of year
148,434
154,543
156,727
Addendum:
Cumulative balance of defaulted guaranteed loans that result in loans receivable:
2310
Outstanding, start of year
2,724
3,505
7,173
2331
Disbursements for guaranteed loan claims
1,533
4,667
3,568
2351
Repayments of loans receivable
–118
–183
–479
2361
Write-offs of loans receivable
–634
–816
–1,670
2390
Outstanding, end of year
3,505
7,173
8,592
Balance Sheet (in millions of dollars)
Identification code 086–4077–0–3–371
2013 actual
2014 actual
ASSETS:
Federal assets:
1101
Fund balances with Treasury
12,015
8,898
Investments in US securities:
1106
Receivables, net
1,162
3,465
Non-Federal assets:
1201
Investments in non-Federal securities, net
56
41
1206
Receivables, net
7
27
Net value of assets related to post-1991 acquired defaulted guaranteed loans receivable:
1501
Defaulted guaranteed loans receivable, gross
2,724
3,505
1502
Interest receivable
992
1,245
1504
Foreclosed property
180
101
1505
Allowance for subsidy cost
–1,374
–2,106
1599
Net value of assets related to defaulted guaranteed loan
2,522
2,745
1901
Other Federal assets: Other assets
1
5
1999
Total assets
15,763
15,181
LIABILITIES:
Federal liabilities:
2103
Debt
3,891
4,480
2105
Other
2,361
1,689
Non-Federal liabilities:
2201
Accounts payable
184
172
2204
Liabilities for loan guarantees
9,229
8,817
2207
Other
98
23
2999
Total liabilities
15,763
15,181
4999
Total liabilities and net position
15,763
15,181
FHA-general and Special Risk Direct Loan Financing Account
Program and Financing (in millions of dollars)
Identification code 086–4105–0–3–371
2014 actual
2015 est.
2016 est.
Obligations by program activity:
Credit program obligations:
0710
Direct loan obligations
803
600
0713
Payment of interest to Treasury
3
2
0715
Payment of Interest to FFB
26
18
0740
Negative subsidy obligations
87
66
0900
Total new obligations
919
686
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
2
Financing authority:
Borrowing authority, mandatory:
1400
Borrowing authority
920
686
1440
Borrowing authority, mandatory (total)
920
686
Spending authority from offsetting collections, mandatory:
1800
Collected
26
20
1825
Spending authority from offsetting collections applied to repay debt
–25
–19
1850
Spending auth from offsetting collections, mand (total)
1
1
1900
Financing authority (total)
921
687
1930
Total budgetary resources available
921
689
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
2
3
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
115
3010
Obligations incurred, unexpired accounts
919
686
3020
Financing disbursements (gross)
–804
–600
3050
Unpaid obligations, end of year
115
201
Memorandum (non-add) entries:
3100
Obligated balance, start of year
115
3200
Obligated balance, end of year
115
201
Financing authority and disbursements, net:
Mandatory:
4090
Financing authority, gross
921
687
Financing disbursements:
4110
Financing disbursements, gross
804
600
Offsets against gross financing authority and disbursements:
Offsetting collections (collected) from:
4123
Repayment of Principal
–26
–20
4180
Financing authority, net (total)
895
667
4190
Financing disbursements, net (total)
778
580
Status of Direct Loans (in millions of dollars)
Identification code 086–4105–0–3–371
2014 actual
2015 est.
2016 est.
Position with respect to appropriations act limitation on obligations:
1111
Direct loan obligations from current-year authority
20
823
605
1142
Unobligated direct loan limitation (-)
–20
–20
–5
1150
Total direct loan obligations
803
600
Cumulative balance of direct loans outstanding:
1210
Outstanding, start of year
778
1231
Disbursements: Direct loan disbursements
803
600
1251
Repayments: Repayments and prepayments
–25
–20
1290
Outstanding, end of year
778
1,358
FHA-loan Guarantee Recovery Fund Financing Account
Program and Financing (in millions of dollars)
Identification code 086–4106–0–3–371
2014 actual
2015 est.
2016 est.
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
5
5
5
1930
Total budgetary resources available
5
5
5
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
5
5
5
Status of Guaranteed Loans (in millions of dollars)
Identification code 086–4106–0–3–371
2014 actual
2015 est.
2016 est.
Cumulative balance of guaranteed loans outstanding:
2210
Outstanding, start of year
6
5
4
2251
Repayments and prepayments
–1
–1
–1
2290
Outstanding, end of year
5
4
3
Memorandum:
2299
Guaranteed amount of guaranteed loans outstanding, end of year
4
4
3
Section 4 of the Church Arson Prevention Act of 1996 (P.L. 104–155), entitled "Loan Guarantee Recovery Fund,'' authorizes
the Secretary of Housing and Urban Development to guarantee loans made by financial institutions to assist certain non-profit
organizations that were damaged as a result of acts of arson or terrorism.
Balance Sheet (in millions of dollars)
Identification code 086–4106–0–3–371
2013 actual
2014 actual
ASSETS:
1101
Federal assets: Fund balances with Treasury
4
4
1999
Total assets
4
4
LIABILITIES:
2204
Non-Federal liabilities: Liabilities for loan guarantees
4
4
4999
Total liabilities and net position
4
4
FHA-general and Special Risk Insurance Funds Liquidating Account
Program and Financing (in millions of dollars)
Identification code 086–4072–0–3–371
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0101
Capital investment: Claims and other
0102
Assignment and Property Acquisition Claims
1
9
4
0110
Capitalized Expenses
1
0111
HUD Held Notes Escrow Activity
34
35
35
0113
Other
7
0900
Total new obligations
43
44
39
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
234
221
1021
Recoveries of prior year unpaid obligations
34
1022
Capital transfer of unobligated balances to general fund
–234
–221
1050
Unobligated balance (total)
34
Budget authority:
Appropriations, mandatory:
1200
Appropriation
30
25
25
1260
Appropriations, mandatory (total)
30
25
25
Spending authority from offsetting collections, mandatory:
1800
Collected
200
65
60
1820
Capital transfer of spending authority from offsetting collections to general fund
–46
–46
1850
Spending auth from offsetting collections, mand (total)
200
19
14
1900
Budget authority (total)
230
44
39
1930
Total budgetary resources available
264
44
39
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
221
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
294
267
226
3010
Obligations incurred, unexpired accounts
43
44
39
3020
Outlays (gross)
–36
–85
–79
3040
Recoveries of prior year unpaid obligations, unexpired
–34
3050
Unpaid obligations, end of year
267
226
186
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
293
266
225
3200
Obligated balance, end of year
266
225
185
Budget authority and outlays, net:
Mandatory:
4090
Budget authority, gross
230
44
39
Outlays, gross:
4100
Outlays from new mandatory authority
26
42
37
4101
Outlays from mandatory balances
10
43
42
4110
Outlays, gross (total)
36
85
79
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4123
Non-Federal sources - Other
–200
–65
–60
4180
Budget authority, net (total)
30
–21
–21
4190
Outlays, net (total)
–164
20
19
Memorandum (non-add) entries:
5000
Total investments, SOY: Federal securities: Par value
3
Status of Guaranteed Loans (in millions of dollars)
Identification code 086–4072–0–3–371
2014 actual
2015 est.
2016 est.
Cumulative balance of guaranteed loans outstanding:
2210
Outstanding, start of year
1,226
816
633
2251
Repayments and prepayments
–409
–175
–88
Adjustments:
2261
Terminations for default that result in loans receivable
–8
–4
2262
Terminations for default that result in acquisition of property
–1
2290
Outstanding, end of year
816
633
541
Memorandum:
2299
Guaranteed amount of guaranteed loans outstanding, end of year
816
547
366
Addendum:
Cumulative balance of defaulted guaranteed loans that result in loans receivable:
2310
Outstanding, start of year
2,244
2,095
2,051
2331
Disbursements for guaranteed loan claims
8
4
2351
Repayments of loans receivable
–149
–52
–51
2390
Outstanding, end of year
2,095
2,051
2,004
The General and Special Risk Insurance funds provide insurance for a large number of specialized mortgage insurance programs,
including insurance of loans for property improvements, cooperatives, condominiums, nursing homes, rental housing and nonprofit
hospitals.
Balance Sheet (in millions of dollars)
Identification code 086–4072–0–3–371
2013 actual
2014 actual
ASSETS:
Federal assets:
1101
Fund balances with Treasury
524
488
Investments in US securities:
1102
Treasury securities, par
3
1206
Non-Federal assets: Receivables, net
4
2
1701
Defaulted guaranteed loans, gross
2,244
2,095
1702
Interest receivable
241
245
1703
Allowance for estimated uncollectible loans and interest (-)
–944
–866
1704
Defaulted guaranteed loans and interest receivable, net
1,541
1,474
1706
Foreclosed property
3
1799
Value of assets related to loan guarantees
1,541
1,477
1901
Other Federal assets: Other assets
3
1999
Total assets
2,075
1,967
LIABILITIES:
Non-Federal liabilities:
2201
Accounts payable
10
10
2204
Liabilities for loan guarantees
2
2
2207
Other
165
183
2999
Total liabilities
177
195
NET POSITION:
3100
Unexpended appropriations
107
134
3300
Cumulative results of operations
1,791
1,638
3999
Total net position
1,898
1,772
4999
Total liabilities and net position
2,075
1,967
Object Classification (in millions of dollars)
Identification code 086–4072–0–3–371
2014 actual
2015 est.
2016 est.
Direct obligations:
32.0
Land and structures
1
33.0
Investments and loans
42
44
39
99.9
Total new obligations
43
44
39
Housing for the Elderly or Handicapped Fund Liquidating Account
Program and Financing (in millions of dollars)
Identification code 086–4115–0–3–371
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0102
Loan Management, Liquidations and Property Dispositions
2
6
6
0900
Total new obligations (object class 32.0)
2
6
6
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
77
166
1021
Recoveries of prior year unpaid obligations
1
1022
Capital transfer of unobligated balances to general fund
–77
–166
1050
Unobligated balance (total)
1
Budget authority:
Spending authority from offsetting collections, mandatory:
1800
Collected
484
450
425
1820
Capital transfer of spending authority from offsetting collections to general fund
–317
–444
–419
1850
Spending auth from offsetting collections, mand (total)
167
6
6
1930
Total budgetary resources available
168
6
6
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
166
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
6
6
4
3010
Obligations incurred, unexpired accounts
2
6
6
3020
Outlays (gross)
–1
–8
–8
3040
Recoveries of prior year unpaid obligations, unexpired
–1
3050
Unpaid obligations, end of year
6
4
2
Memorandum (non-add) entries:
3100
Obligated balance, start of year
6
6
4
3200
Obligated balance, end of year
6
4
2
Budget authority and outlays, net:
Mandatory:
4090
Budget authority, gross
167
6
6
Outlays, gross:
4100
Outlays from new mandatory authority
6
6
4101
Outlays from mandatory balances
1
2
2
4110
Outlays, gross (total)
1
8
8
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4123
Non-Federal sources
–484
–450
–425
4180
Budget authority, net (total)
–317
–444
–419
4190
Outlays, net (total)
–483
–442
–417
Status of Direct Loans (in millions of dollars)
Identification code 086–4115–0–3–371
2014 actual
2015 est.
2016 est.
Cumulative balance of direct loans outstanding:
1210
Outstanding, start of year
2,096
1,777
1,423
1251
Repayments: Repayments and prepayments
–319
–354
–356
1290
Outstanding, end of year
1,777
1,423
1,067
Balance Sheet (in millions of dollars)
Identification code 086–4115–0–3–371
2013 actual
2014 actual
ASSETS:
1101
Federal assets: Fund balances with Treasury
83
172
1206
Non-Federal assets: Interest Receivable: Public
22
20
1601
Direct loans, gross
2,096
1,777
1603
Allowance for estimated uncollectible loans and interest (-)
–10
–10
1699
Value of assets related to direct loans
2,086
1,767
1999
Total assets
2,191
1,959
LIABILITIES:
2207
Non-Federal liabilities: Other
2
1
NET POSITION:
3100
Unexpended Appropriations
6
5
3300
Revolving Fund: Cumulative results of operations
2,183
1,953
3999
Total net position
2,189
1,958
4999
Total liabilities and net position
2,191
1,959
Payment to manufactured housing fees trust fund
For necessary expenses as authorized by the National Manufactured Housing Construction and Safety Standards Act of 1974 (42
U.S.C. 5401 et seq.), up to [$10,000,000] $11,000,000, to remain available until expended, of which [$10,000,000] $11,000,000 is to be derived from the Manufactured Housing Fees Trust Fund: Provided, That not to exceed the total amount appropriated under this heading shall be available from the general fund of the Treasury
to the extent necessary to incur obligations and make expenditures pending the receipt of collections to the Fund pursuant
to section 620 of such Act: Provided further, That the amount made available under this heading from the general fund shall be reduced as such collections are received
during fiscal year [2015] 2016 so as to result in a final fiscal year [2015] 2016 appropriation from the general fund estimated at zero, and fees pursuant to such section 620 shall be modified as necessary
to ensure such a final fiscal year [2015] 2016 appropriation: Provided further, That for the dispute resolution and installation programs, the Secretary of Housing and Urban Development may assess and
collect fees from any program participant: Provided further, That such collections shall be deposited into the Fund, and the Secretary, as provided herein, may use such collections,
as well as fees collected under section 620, for necessary expenses of such Act: Provided further, That, notwithstanding the requirements of section 620 of such Act, the Secretary may carry out responsibilities of the Secretary
under such Act through the use of approved service providers that are paid directly by the recipients of their services. (Department of Housing and Urban Development Appropriations Act, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–0234–0–1–376
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
Payment to Trust Fund
1
0900
Total new obligations (object class 94.0)
1
Budgetary resources:
Budget authority:
Appropriations, discretionary:
1100
Appropriation
1
1160
Appropriation, discretionary (total)
1
1930
Total budgetary resources available
1
Change in obligated balance:
Unpaid obligations:
3010
Obligations incurred, unexpired accounts
1
3020
Outlays (gross)
–1
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
1
Outlays, gross:
4010
Outlays from new discretionary authority
1
4180
Budget authority, net (total)
1
4190
Outlays, net (total)
1
The Budget provides a total of $11 million in estimated fees to support activities authorized by the National Manufactured
Housing Construction and Safety Standards Act of 1974, as amended, including the development and enforcement of manufactured
housing construction standards, as well as the development and implementation of installation and dispute resolution programs
required by the Manufactured Housing Improvement Act of 2000.
Trust Funds
Manufactured Housing Fees Trust Fund
Special and Trust Fund Receipts (in millions of dollars)
Identification code 086–8119–0–7–376
2014 actual
2015 est.
2016 est.
0100
Balance, start of year
Receipts:
0240
General Fund Payment, Manufactured Housing Fee Trust Fund
1
0260
Mobile Home Inspection and Monitoring Fees, Manufactured Housing Fee Trust Fund
5
10
11
0299
Total receipts and collections
6
10
11
0400
Total: Balances and collections
6
10
11
Appropriations:
0500
Manufactured Housing Fees Trust Fund
–6
–10
–11
0799
Balance, end of year
Program and Financing (in millions of dollars)
Identification code 086–8119–0–7–376
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0002
Manufactured Housing Program Costs
10
10
11
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
7
5
5
1021
Recoveries of prior year unpaid obligations
2
1050
Unobligated balance (total)
9
5
5
Budget authority:
Appropriations, discretionary:
1101
Appropriation (special or trust fund)
6
10
11
1160
Appropriation, discretionary (total)
6
10
11
1930
Total budgetary resources available
15
15
16
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
5
5
5
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
8
8
10
3010
Obligations incurred, unexpired accounts
10
10
11
3020
Outlays (gross)
–8
–8
–9
3040
Recoveries of prior year unpaid obligations, unexpired
–2
3050
Unpaid obligations, end of year
8
10
12
Memorandum (non-add) entries:
3100
Obligated balance, start of year
8
8
10
3200
Obligated balance, end of year
8
10
12
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
6
10
11
Outlays, gross:
4011
Outlays from discretionary balances
8
8
9
4180
Budget authority, net (total)
6
10
11
4190
Outlays, net (total)
8
8
9
The National Manufactured Housing Construction and Safety Standards Act of 1974, as amended, authorizes the development and
enforcement of appropriate standards for the construction, design, and performance of manufactured homes to assure their quality,
durability, affordability, and safety. All manufactured homes produced since the standards took effect in 1976 must comply
with Federal construction and safety standards. A majority of States participate in the program under compliance plans approved
by HUD. Program requirements mandated by the Manufactured Housing Improvement Act of 2000 include procurement of an Administering
Organization, formation of a Consensus Committee to recommend revisions to and interpretations of the manufactured housing
standards, development and implementation of standards for installation of manufactured housing, and development and implementation
of a dispute resolution program.
Fees are charged to the manufacturers for each transportable section produced to offset the expenses incurred by the Department
in carrying out the responsibilities under the authorizing legislation. The 2016 Budget proposes to fund the costs of authorized
activities with an estimated $11 million in fees. In September of 2014, HUD increased the fee to $100 per label to ensure
that HUD can continue to fulfill its statutory responsibilities. The 2016 Budget also proposes a general provision that would
allow HUD to implement future fee changes via notice.
Object Classification (in millions of dollars)
Identification code 086–8119–0–7–376
2014 actual
2015 est.
2016 est.
Direct obligations:
25.2
Other services from non-Federal sources
7
7
8
41.0
Grants, subsidies, and contributions
3
3
3
99.9
Total new obligations
10
10
11
Green Retrofit Program for Multifamily Housing Financing Account
Program and Financing (in millions of dollars)
Identification code 086–4589–0- -604
2014 actual
2015 est.
2016 est.
Obligations by program activity:
Credit program obligations:
0742
Downward reestimate paid to receipt account
3
5
0743
Interest on downward reestimates
2
1
0900
Total new obligations
5
6
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
8
3
1021
Recoveries of prior year unpaid obligations
1
1023
Unobligated balances applied to repay debt
–7
1050
Unobligated balance (total)
2
3
Financing authority:
Borrowing authority, mandatory:
1400
Borrowing authority
3
1440
Borrowing authority, mandatory (total)
3
Spending authority from offsetting collections, mandatory:
1800
Collected
6
1850
Spending auth from offsetting collections, mand (total)
6
1900
Financing authority (total)
6
3
1930
Total budgetary resources available
8
6
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
6
3010
Obligations incurred, unexpired accounts
5
6
3020
Financing disbursements (gross)
–5
3040
Recoveries of prior year unpaid obligations, unexpired
–1
3050
Unpaid obligations, end of year
6
6
Memorandum (non-add) entries:
3100
Obligated balance, start of year
1
6
3200
Obligated balance, end of year
6
6
Financing authority and disbursements, net:
Mandatory:
4090
Financing authority, gross
6
3
Financing disbursements:
4110
Financing disbursements, gross
5
Offsets against gross financing authority and disbursements:
Offsetting collections (collected) from:
4123
Non-Federal sources
–6
4180
Financing authority, net (total)
3
4190
Financing disbursements, net (total)
–1
Status of Direct Loans (in millions of dollars)
Identification code 086–4589–0- -604
2014 actual
2015 est.
2016 est.
Cumulative balance of direct loans outstanding:
1210
Outstanding, start of year
80
70
70
1251
Repayments: Repayments and prepayments
–5
1264
Write-offs for default: Other adjustments, net (+ or -)
–5
1290
Outstanding, end of year
70
70
70
As required by the Federal Credit Reform Act of 1990, this non-budgetary account records all cash flows to and from the Government
resulting from direct loans in the Green Retrofit Program, which received one-time funding in the American Recovery and Reinvestment
Act of 2009 (P.L. 111–5). The program account is displayed under "Green Retrofit Program for Multifamily Housing, Recovery
Act" (86–0306).
Balance Sheet (in millions of dollars)
Identification code 086–4589–0- -604
2013 actual
2014 actual
ASSETS:
1101
Federal assets: Fund balances with Treasury
4
3
Net value of assets related to post-1991 direct loans receivable:
1401
Direct loans receivable, gross
80
70
1402
Interest receivable
1
1
1405
Allowance for subsidy cost (-)
–70
–66
1499
Net present value of assets related to direct loans
11
5
1999
Total assets
15
8
LIABILITIES:
2103
Federal liabilities: Debt
15
8
4999
Total liabilities and net position
15
8
Government National Mortgage Association
The Government National Mortgage Association (GNMA) was formed by the Congress in 1968. It is a wholly owned government corporation
within the U.S. Department of Housing and Urban Development (HUD). It was established to support Federal housing initiatives
by providing liquidity to the secondary mortgage market and to attract capital from the global capital markets for the nation's
mortgage markets. Its primary function is to guarantee the timely payment of principal and interest on Mortgage-Backed Securities
(MBS) that are backed by loans insured or guaranteed by the Federal Housing Administration (FHA), the Department of Veterans
Affairs (VA), Rural Development in the U.S. Department of Agriculture, and HUD's Office of Public and Indian Housing.
Federal Funds
Guarantees of Mortgage-backed Securities Capital Reserve Account
Program and Financing (in millions of dollars)
Identification code 086–0238–0–1–371
2014 actual
2015 est.
2016 est.
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
7,049
8,797
12,427
1010
Unobligated balance transfer to other accts [086–0186]
–246
–222
–117
1011
Unobligated balance transfer from other acct [086–4238]
1,329
1050
Unobligated balance (total)
8,132
8,575
12,310
Budget authority:
Spending authority from offsetting collections, mandatory:
1800
Offsetting collections (negative subsidy)
665
832
958
1800
Offsetting collections (interest on investments)
44
111
1800
Offsetting collections (downward reestimate)
2,976
1850
Spending auth from offsetting collections, mand (total)
665
3,852
1,069
1900
Budget authority (total)
665
3,852
1,069
1930
Total budgetary resources available
8,797
12,427
13,379
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
8,797
12,427
13,379
Budget authority and outlays, net:
Discretionary:
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4030
Federal sources
–665
–832
–958
Mandatory:
4090
Budget authority, gross
665
3,852
1,069
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4120
Federal sources
–2,976
4121
Interest on Federal securities
–44
–111
4130
Offsets against gross budget authority and outlays (total)
–3,020
–111
4160
Budget authority, net (mandatory)
665
832
958
4170
Outlays, net (mandatory)
–3,020
–111
4190
Outlays, net (total)
–665
–3,852
–1,069
Memorandum (non-add) entries:
5000
Total investments, SOY: Federal securities: Par value
8,200
5001
Total investments, EOY: Federal securities: Par value
8,200
12,000
In 2013, a Capital Reserve account was established for the Government National Mortgage Association (GNMA). Financial reserves
of GNMA were transferred from the Reserve Receipt and Liquidating accounts to the Capital Reserve account. This mandatory
account earns interest on Treasury investments and is the eventual depository for all budgetary resources collected by GNMA
including negative subsidy receipts from new security guarantees and downward re-estimates. This account has no authority
to obligate funds but transfers resources to the GNMA Program Account as necessary for mandatory spending authorized in that
account.
Government national mortgage association
Guarantees of mortgage-backed securities loan guarantee program account
New commitments to issue guarantees to carry out the purposes of section 306 of the National Housing Act, as amended (12 U.S.C.
1721(g)), shall not exceed $500,000,000,000, to remain available until September 30, [2016] 2017: Provided, That [$23,000,000] $28,320,000 shall be available for necessary salaries and expenses of the Office of Government National Mortgage Association: Provided further, That to the extent that guaranteed loan commitments will and do exceed $155,000,000,000 on or before April 1, [2015] 2016, an additional $100 for necessary salaries and expenses shall be available until expended 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 $3,000,000: Provided further, That receipts from Commitment and Multiclass fees collected pursuant to title III of the National Housing Act, as amended,
shall be credited as offsetting collections to this account. (Department of Housing and Urban Development Appropriations Act, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–0186–0–1–371
2014 actual
2015 est.
2016 est.
Obligations by program activity:
Credit program obligations:
0707
Reestimates of loan guarantee subsidy
38
0708
Interest on reestimates of loan guarantee subsidy
2
0709
Administrative expenses
156
201
221
0799
Total direct obligations
196
201
221
0801
Servicing Expenses
61
57
58
0900
Total new obligations
257
258
279
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
99
129
1011
Unobligated balance transfer from other acct [086–0238]
246
222
117
1012
Unobligated balance transfers between expired and unexpired accounts
2
1021
Recoveries of prior year unpaid obligations
59
1050
Unobligated balance (total)
307
321
246
Budget authority:
Spending authority from offsetting collections, discretionary:
1700
Collected
101
89
118
1725
Spending authority from offsetting collections precluded from obligation (limitation on obligations)
–79
–66
–90
1750
Spending auth from offsetting collections, disc (total)
22
23
28
Spending authority from offsetting collections, mandatory:
1800
Collected
27
43
68
1850
Spending auth from offsetting collections, mand (total)
27
43
68
1900
Budget authority (total)
49
66
96
1930
Total budgetary resources available
356
387
342
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
99
129
63
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
4
258
449
3010
Obligations incurred, unexpired accounts
257
258
279
3011
Obligations incurred, expired accounts
1
3020
Outlays (gross)
–204
–67
–95
3031
Unpaid obligations transferred from other accts [086–4238]
260
3040
Recoveries of prior year unpaid obligations, unexpired
–59
3041
Recoveries of prior year unpaid obligations, expired
–1
3050
Unpaid obligations, end of year
258
449
633
Memorandum (non-add) entries:
3100
Obligated balance, start of year
4
258
449
3200
Obligated balance, end of year
258
449
633
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
22
23
28
Outlays, gross:
4010
Outlays from new discretionary authority
18
21
25
4011
Outlays from discretionary balances
2
3
2
4020
Outlays, gross (total)
20
24
27
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4033
Non-Federal sources
–101
–89
–118
Mandatory:
4090
Budget authority, gross
27
43
68
Outlays, gross:
4100
Outlays from new mandatory authority
43
68
4101
Outlays from mandatory balances
184
4110
Outlays, gross (total)
184
43
68
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4123
Non-Federal sources
–27
–43
–68
4180
Budget authority, net (total)
–79
–66
–90
4190
Outlays, net (total)
76
–65
–91
Memorandum (non-add) entries:
5090
Unexpired unavailable balance, SOY: Offsetting collections
216
295
361
5092
Unexpired unavailable balance, EOY: Offsetting collections
295
361
451
5093
Expired unavailable balance, SOY: Offsetting collections
1
1
1
5095
Expired unavailable balance, EOY: Offsetting collections
1
1
1
Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)
Identification code 086–0186–0–1–371
2014 actual
2015 est.
2016 est.
Guaranteed loan levels supportable by subsidy budget authority:
215001
Guarantees of Mortgage-Backed Securities
302,149
297,000
330,200
215999
Total loan guarantee levels
302,149
297,000
330,200
Guaranteed loan subsidy (in percent):
232001
Guarantees of Mortgage-Backed Securities
-.22
-.28
-.29
232999
Weighted average subsidy rate
-.22
-.28
-.29
Guaranteed loan subsidy budget authority:
233001
Guarantees of Mortgage-Backed Securities
–665
–832
–958
233999
Total subsidy budget authority
–665
–832
–958
Guaranteed loan subsidy outlays:
234001
Guarantees of Mortgage-Backed Securities
–665
–832
–902
234999
Total subsidy outlays
–665
–832
–902
Guaranteed loan reestimates:
235001
Guarantees of Mortgage-Backed Securities
40
–2,976
235999
Total guaranteed loan reestimates
40
–2,976
Administrative expense data:
3510
Budget authority
20
23
28
3590
Outlays from new authority
18
23
28
The Budget requests loan commitment authority of $500 billion in 2016. The Budget also requests $28.3 million for the personnel
costs of the Government National Mortgage Association (GNMA), to be offset by Commitment and Multiclass fees. Before 2012,
personnel expenses were funded in the "Office of Government National Mortgage Association" appropriation under the Management
and Administration section of the HUD budget. This funding level will enable GMNA to keep pace with growing demands and respond
to the complexities of the current market, including a growing number of security issuers and the entry of new types of issuer
firms, such as non-depository institutions.
Object Classification (in millions of dollars)
Identification code 086–0186–0–1–371
2014 actual
2015 est.
2016 est.
Direct obligations:
11.1
Personnel compensation: Full-time permanent
14
18
23
12.1
Civilian personnel benefits
4
4
4
21.0
Travel and transportation of persons
1
1
25.2
Other services from non-Federal sources
138
178
193
41.0
Grants, subsidies, and contributions
38
43.0
Interest and dividends
2
99.0
Direct obligations
196
201
221
99.0
Reimbursable obligations
61
57
58
99.9
Total new obligations
257
258
279
Employment Summary
Identification code 086–0186–0–1–371
2014 actual
2015 est.
2016 est.
1001
Direct civilian full-time equivalent employment
108
139
168
Guarantees of Mortgage-backed Securities Financing Account
Program and Financing (in millions of dollars)
Identification code 086–4240–0–3–371
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0003
Advances and other
1,107
4,290
425
0004
Preservation of collateral
245
348
169
0091
Subtotal - Advances and Operating Expenses
1,352
4,638
594
Credit program obligations:
0740
Negative subsidy obligations
665
832
958
0742
Downward reestimate paid to receipt account
2,873
0743
Interest on downward reestimates
103
0791
Direct program activities, subtotal
665
3,808
958
0900
Total new obligations
2,017
8,446
1,552
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
2,238
3,752
549
Financing authority:
Spending authority from offsetting collections, mandatory:
1800
Collected
3,538
5,244
2,999
1801
Change in uncollected payments, Federal sources
–7
–1
1850
Spending auth from offsetting collections, mand (total)
3,531
5,243
2,999
1930
Total budgetary resources available
5,769
8,995
3,548
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
3,752
549
1,996
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
114
265
416
3010
Obligations incurred, unexpired accounts
2,017
8,446
1,552
3020
Financing disbursements (gross)
–1,981
–8,295
–1,469
3031
Unpaid obligations transferred from other accts [086–4238]
115
3050
Unpaid obligations, end of year
265
416
499
Uncollected payments:
3060
Uncollected pymts, Fed sources, brought forward, Oct 1
–8
–1
3070
Change in uncollected pymts, Fed sources, unexpired
7
1
3090
Uncollected pymts, Fed sources, end of year
–1
Memorandum (non-add) entries:
3100
Obligated balance, start of year
106
264
416
3200
Obligated balance, end of year
264
416
499
Financing authority and disbursements, net:
Mandatory:
4090
Financing authority, gross
3,531
5,243
2,999
Financing disbursements:
4110
Financing disbursements, gross
1,981
8,295
1,469
Offsets against gross financing authority and disbursements:
Offsetting collections (collected) from:
4120
Federal sources
–40
4122
Interest on uninvested funds
–123
–31
–118
4123
Guarantee Fees
–928
–829
–858
4123
Repayment of advances
–2,447
–4,384
–2,023
4130
Offsets against gross budget authority and outlays (total)
–3,538
–5,244
–2,999
Additional offsets against financing authority only (total):
4140
Change in uncollected pymts, Fed sources, unexpired
7
1
4170
Outlays, net (mandatory)
–1,557
3,051
–1,530
4190
Financing disbursements, net (total)
–1,557
3,051
–1,530
Status of Guaranteed Loans (in millions of dollars)
Identification code 086–4240–0–3–371
2014 actual
2015 est.
2016 est.
Position with respect to appropriations act limitation on commitments:
2111
Guaranteed loan commitments from current-year authority
500,000
500,000
500,000
2121
Limitation available from carry-forward
450,048
500,000
500,000
2142
Uncommitted loan guarantee limitation
–147,899
–203,000
–169,800
2143
Uncommitted limitation carried forward
–500,000
–500,000
–500,000
2150
Total guaranteed loan commitments
302,149
297,000
330,200
2199
Guaranteed amount of guaranteed loan commitments
302,149
297,000
330,200
Cumulative balance of guaranteed loans outstanding:
2210
Outstanding, start of year
1,457,108
1,526,470
1,576,343
2231
Disbursements of new guaranteed loans
302,149
297,000
311,000
2251
Repayments and prepayments
–232,787
–247,127
–264,228
2290
Outstanding, end of year
1,526,470
1,576,343
1,623,115
Memorandum:
2299
Guaranteed amount of guaranteed loans outstanding, end of year
1,526,470
1,576,343
1,623,115
Balance Sheet (in millions of dollars)
Identification code 086–4240–0–3–371
2013 actual
2014 actual
ASSETS:
1101
Federal assets: Fund balances with Treasury
2,344
4,015
1206
Non-Federal assets: Receivables, net
7,764
6,952
1401
Net value of assets related to post-1991 direct loans receivable: Direct loans receivable, gross
6,423
5,501
1505
Net value of assets related to post-1991 acquired defaulted guaranteed loans receivable: Allowance for subsidy cost (-)
–652
–574
1999
Total assets
15,879
15,894
LIABILITIES:
Non-Federal liabilities:
2201
Accounts payable
114
78
2207
Other
7,806
6,700
2999
Total liabilities
7,920
6,778
NET POSITION:
3300
Cumulative results of operations
7,959
9,116
4999
Total liabilities and net position
15,879
15,894
Guarantees of Mortgage-backed Securities Liquidating Account
Program and Financing (in millions of dollars)
Identification code 086–4238–0–3–371
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
Administrative contract expenses
8
0002
Operating expenses
0002
Operating expenses
23
0900
Total new obligations
31
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
1,443
128
128
1010
Unobligated balance transfer to other accts [086–0238]
–1,329
1050
Unobligated balance (total)
114
128
128
Budget authority:
Spending authority from offsetting collections, mandatory:
1800
Collected
55
1801
Change in uncollected payments, Federal sources
–10
1850
Spending auth from offsetting collections, mand (total)
45
1930
Total budgetary resources available
159
128
128
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
128
128
128
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
367
22
19
3010
Obligations incurred, unexpired accounts
31
3020
Outlays (gross)
–1
–3
3030
Unpaid obligations transferred to other accts [086–0186]
–260
3030
Unpaid obligations transferred to other accts [086–4240]
–115
3050
Unpaid obligations, end of year
22
19
19
Uncollected payments:
3060
Uncollected pymts, Fed sources, brought forward, Oct 1
–10
3070
Change in uncollected pymts, Fed sources, unexpired
10
Memorandum (non-add) entries:
3100
Obligated balance, start of year
357
22
19
3200
Obligated balance, end of year
22
19
19
Budget authority and outlays, net:
Mandatory:
4090
Budget authority, gross
45
Outlays, gross:
4100
Outlays from new mandatory authority
1
4101
Outlays from mandatory balances
3
4110
Outlays, gross (total)
1
3
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4121
Interest on Federal securities
–51
4123
Non-Federal sources
–4
4130
Offsets against gross budget authority and outlays (total)
–55
Additional offsets against gross budget authority only:
4140
Change in uncollected pymts, Fed sources, unexpired
10
4170
Outlays, net (mandatory)
–54
3
4190
Outlays, net (total)
–54
3
Memorandum (non-add) entries:
5000
Total investments, SOY: Federal securities: Par value
1,812
151
100
5001
Total investments, EOY: Federal securities: Par value
151
100
100
Status of Direct Loans (in millions of dollars)
Identification code 086–4238–0–3–371
2014 actual
2015 est.
2016 est.
Cumulative balance of direct loans outstanding:
1210
Outstanding, start of year
8
1263
Write-offs for default: Direct loans
–8
1290
Outstanding, end of year
Status of Guaranteed Loans (in millions of dollars)
Identification code 086–4238–0–3–371
2014 actual
2015 est.
2016 est.
Cumulative balance of guaranteed loans outstanding:
2210
Outstanding, start of year
1
2251
Repayments and prepayments
–1
2290
Outstanding, end of year
Memorandum:
2299
Guaranteed amount of guaranteed loans outstanding, end of year
Balance Sheet (in millions of dollars)
Identification code 086–4238–0–3–371
2013 actual
2014 actual
ASSETS:
Federal assets:
Investments in US securities:
1102
Treasury securities, par
1,812
151
1106
Receivables, net
9
1601
Direct loans, gross
8
1603
Allowance for estimated uncollectible loans and interest (-)
–4
1699
Value of assets related to direct loans
4
1901
Other Federal assets: Other assets
36
25
1999
Total assets
1,861
176
LIABILITIES:
Non-Federal liabilities:
2201
Accounts payable
53
2207
Other
23
2999
Total liabilities
53
23
NET POSITION:
3300
Cumulative results of operations
1,808
153
4999
Total liabilities and net position
1,861
176
Object Classification (in millions of dollars)
Identification code 086–4238–0–3–371
2014 actual
2015 est.
2016 est.
Direct obligations:
25.2
Other services from non-Federal sources
8
43.0
Interest and dividends
23
99.9
Total new obligations
31
Policy Development and Research
Federal Funds
Policy development and research
Research and technology
For contracts, grants, and necessary expenses of programs of research and studies relating to housing and urban problems,
not otherwise provided for, as authorized by title V of the Housing and Urban Development Act of 1970 (12 U.S.C. 1701z-1 et
seq.), including carrying out the functions of the Secretary of Housing and Urban Development under section 1(a)(1)(i) of
Reorganization Plan No. 2 of 1968, [and for technical assistance, $72,000,000] $50,000,000, to remain available until September 30, [2016, of which $22,000,000 shall be for technical assistance] 2017: Provided, That with respect to amounts made available under this heading, notwithstanding section 204 of this title, the Secretary
may enter into cooperative agreements funded with philanthropic entities, other Federal agencies, or State or local governments
and their agencies for research projects: Provided further, That with respect to the previous proviso, such partners to the cooperative agreements must contribute at least a 50 percent
match toward the cost of the project [: Provided further, That for non-competitive agreements entered into in accordance with the previous two provisos, the Secretary of Housing
and Urban Development shall comply with section 2(b) of the Federal Funding Accountability and Transparency Act of 2006 (Public
Law 109–282, 31 U.S.C. note) in lieu of compliance with section 102(a)(4)(C) with respect to documentation of award decisions:
Provided further, That prior to obligation of technical assistance funding, the Secretary shall submit a plan, for approval, to the House and
Senate Committees on Appropriations on how it will allocate funding for this activity]. (Department of Housing and Urban Development Appropriations Act, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–0108–0–1–451
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
Contracts, Grants and Cooperative Agreements
46
52
50
0002
Technical Assistance
22
0900
Total new obligations
46
74
50
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
2
2
Budget authority:
Appropriations, discretionary:
1100
Appropriation
46
72
50
1160
Appropriation, discretionary (total)
46
72
50
1900
Budget authority (total)
46
72
50
1930
Total budgetary resources available
48
74
50
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
2
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
22
18
27
3010
Obligations incurred, unexpired accounts
46
74
50
3020
Outlays (gross)
–49
–65
–60
3041
Recoveries of prior year unpaid obligations, expired
–1
3050
Unpaid obligations, end of year
18
27
17
Memorandum (non-add) entries:
3100
Obligated balance, start of year
22
18
27
3200
Obligated balance, end of year
18
27
17
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
46
72
50
Outlays, gross:
4010
Outlays from new discretionary authority
34
53
36
4011
Outlays from discretionary balances
15
12
24
4020
Outlays, gross (total)
49
65
60
4180
Budget authority, net (total)
46
72
50
4190
Outlays, net (total)
49
65
60
The Housing and Urban Development Act of 1970 directs the Secretary to undertake programs of research, studies, testing, and
demonstrations related to HUD's mission. These functions are carried out by HUD's Office of Policy Development and Research,
and through contracts with industry, nonprofit research organizations, educational institutions, and through cooperative agreements
with State and local governments, other Federal agencies, and philanthropic entities.
The Budget requests $50 million for HUD's Research and Technology program. This request includes funding to restore and enhance
various national housing surveys that are rich sources of data on the nation's housing stock, including the American Housing
Survey, the Survey of New Home Sales and Completions, the Survey of Market Absorption of Multifamily Units, the Survey of
New Manufactured Housing Placements, and the Rental Housing Finance Survey. Also included in the request is funding for research
dissemination activities, for the Urban Data Systems, for housing finance studies, and for Research Partnerships. The data
produced in the Research and Technology program also assists HUD in developing its Research Roadmap, and provides the basis
for research and evaluation priorities in the Transformation Initiative program.
To improve the quality of Federal evaluations and to use resources efficiently, the Budget seeks expanded legislative flexibilities
for HUD to spend funding recaptured from evaluations and surveys. This flexibility will allow HUD to better target funds to
reflect changing circumstances in the program.
Object Classification (in millions of dollars)
Identification code 086–0108–0–1–451
2014 actual
2015 est.
2016 est.
Direct obligations:
25.2
Other services from non-Federal sources
9
11
10
25.3
Other goods and services from Federal sources
36
40
39
41.0
Grants, subsidies, and contributions
1
23
1
99.9
Total new obligations
46
74
50
Fair Housing and Equal Opportunity
Federal Funds
Fair housing activities
For contracts, grants, and other assistance, not otherwise provided for, as authorized by title VIII of the Civil Rights Act
of 1968, as amended by the Fair Housing Amendments Act of 1988, and section 561 of the Housing and Community Development Act
of 1987, as amended, [$65,300,000] $71,000,000, to remain available until September 30, [2016] 2017, of which [$40,100,000] $45,600,000 shall be to carry out activities pursuant to such section 561: Provided, That notwithstanding 31 U.S.C. 3302, the Secretary may assess and collect fees to cover the costs of the Fair Housing Training
Academy, and may use such funds to provide such training: Provided further, That no funds made available under this heading shall be used to lobby the executive or legislative branches of the Federal
Government in connection with a specific contract, grant, or loan: Provided further, That of the funds made available under this heading, $300,000 shall be available to the Secretary of Housing and Urban Development
for the creation and promotion of translated materials and other programs that support the assistance of persons with limited
English proficiency in utilizing the services provided by the Department of Housing and Urban Development. (Department of Housing and Urban Development Appropriations Act, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–0144–0–1–751
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
Fair Housing Assistance
32
33
23
0002
Fair Housing Initiatives
41
41
45
0005
National Fair Housing Training Academy
2
2
0900
Total new obligations (object class 41.0)
73
76
70
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
18
11
1
Budget authority:
Appropriations, discretionary:
1100
Appropriation
66
65
71
1120
Appropriations transferred to other accts [086–0402]
–1
1160
Appropriation, discretionary (total)
66
65
70
Spending authority from offsetting collections, discretionary:
1700
Collected
1
1
1750
Spending auth from offsetting collections, disc (total)
1
1
1900
Budget authority (total)
66
66
71
1930
Total budgetary resources available
84
77
72
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
11
1
2
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
86
95
99
3010
Obligations incurred, unexpired accounts
73
76
70
3020
Outlays (gross)
–63
–72
–72
3041
Recoveries of prior year unpaid obligations, expired
–1
3050
Unpaid obligations, end of year
95
99
97
Memorandum (non-add) entries:
3100
Obligated balance, start of year
86
95
99
3200
Obligated balance, end of year
95
99
97
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
66
66
71
Outlays, gross:
4010
Outlays from new discretionary authority
1
7
8
4011
Outlays from discretionary balances
62
65
64
4020
Outlays, gross (total)
63
72
72
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4033
Non-Federal sources
–1
–1
4180
Budget authority, net (total)
66
65
70
4190
Outlays, net (total)
63
71
71
The Budget requests $71 million for fair housing activities to support efforts to end housing discrimination. Of the amount
requested, $23.3 million is for the Fair Housing Assistance Program (FHAP), $45.6 million is for the Fair Housing Initiatives
Program (FHIP), $1.8 million is for the National Fair Housing Training Academy, and $300 thousand is for the Limited English
Proficiency Initiative (LEPI).
FHAP, authorized by Title VIII of the Civil Rights Act of 1968, as amended, provides funding to State and local agencies to
assure prompt and effective processing of complaints under substantially equivalent State and local fair housing laws. To
be eligible for assistance through FHAP, an agency must demonstrate that the fair housing law it administers is substantially
equivalent to the Fair Housing Act. It is estimated that there will be a total of 90 FHAP jurisdictions in 2016. The funding
requested for FHAP will support fair housing enforcement by funding State and local fair housing organizations to meet the
needs of currently underserved populations. It will also address the national and ongoing problem of discrimination against
minority homebuyers and renters, as identified in the 2012 Housing Discrimination Against Racial and Ethnic Minorities Study.
FHIP, authorized by the Housing and Community Development Act of 1987, as amended by the Housing and Community Development
Act of 1992, provides funding to States and local governments, and to public and private non-profit organizations that administer
programs to prevent or eliminate discriminatory housing practices through enforcement, education, and outreach.
The National Fair Housing Training Academy (NFTHA) provides comprehensive fair housing and civil rights training for investigators,
local agencies, educators, attorneys, industry representatives and other housing industry professionals.
LEPI provides funds for oral interpretation and written translation services, which help make fair housing programs and activities
accessible to people who are not proficient in English.
Office of Lead Hazard Control and Healthy Homes
Federal Funds
Lead hazard reduction
For the Lead Hazard Reduction Program, as authorized by section 1011 of the Residential Lead-Based Paint Hazard Reduction
Act of 1992, [$110,000,000] $120,000,000, to remain available until September 30, [2016] 2017: Provided, That up to [$15,000,000] $25,000,000 of that amount shall be for the Healthy Homes Initiative, pursuant to sections 501 and 502 of the Housing and Urban Development
Act of 1970 that shall include research, studies, testing, and demonstration efforts, including education and outreach concerning
lead-based paint poisoning and other housing-related diseases and hazards: Provided further, That for purposes of environmental review, pursuant to the National Environmental Policy Act of 1969 (42 U.S.C. 4321 et
seq.) and other provisions of the law that further the purposes of such Act, a grant under the Healthy Homes Initiative, or
the Lead Technical Studies program under this heading or under prior appropriations Acts for such purposes under this heading,
shall be considered to be funds for a special project for purposes of section 305(c) of the Multifamily Housing Property Disposition
Reform Act of 1994: [Provided further, That of the total amount made available under this heading, $45,000,000 shall be made available on a competitive basis for
areas with the highest lead paint abatement needs: Provided further, That each recipient of funds provided under the third proviso shall make a matching contribution in an amount not less than
25 percent: Provided further, That each applicant shall certify adequate capacity that is acceptable to the Secretary to carry out the proposed use of
funds pursuant to a notice of funding availability:] Provided further, That amounts made available under this heading in this or prior appropriations Acts, and that still remain available, may
be used for any purpose under this heading notwithstanding the purpose for which such amounts were appropriated if a program
competition is undersubscribed and there are other program competitions under this heading that are oversubscribed. (Department of Housing and Urban Development Appropriations Act, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–0174–0–1–451
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
Lead Hazard Reduction Grants
55
49
92
0002
Lead Hazard Reduction Demonstration
42
45
0003
Healthy Homes
15
16
25
0004
Lead Technical Studies
5
3
2
0900
Total new obligations (object class 41.0)
117
113
119
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
4
3
1021
Recoveries of prior year unpaid obligations
6
1050
Unobligated balance (total)
10
3
Budget authority:
Appropriations, discretionary:
1100
Appropriation
110
110
120
1120
Appropriations transferred to other accts [086–0402]
–1
1160
Appropriation, discretionary (total)
110
110
119
1930
Total budgetary resources available
120
113
119
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
358
336
326
3010
Obligations incurred, unexpired accounts
117
113
119
3020
Outlays (gross)
–122
–123
–122
3040
Recoveries of prior year unpaid obligations, unexpired
–6
3041
Recoveries of prior year unpaid obligations, expired
–11
3050
Unpaid obligations, end of year
336
326
323
Memorandum (non-add) entries:
3100
Obligated balance, start of year
358
336
326
3200
Obligated balance, end of year
336
326
323
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
110
110
119
Outlays, gross:
4010
Outlays from new discretionary authority
2
2
4011
Outlays from discretionary balances
122
121
120
4020
Outlays, gross (total)
122
123
122
4180
Budget authority, net (total)
110
110
119
4190
Outlays, net (total)
122
123
122
Title X of the Housing and Community Development Act of 1992 (Public Law 102–550), known as the Residential Lead-Based Paint
Hazard Reduction Act, authorized the Secretary to establish the Lead-Based Paint Hazard Control Grant Program. The primary
purpose of the program is to reduce the exposure of young children to lead-based paint and other environmental hazards in
their homes, including protecting them from permanent developmental problems and asthma, and exposure to pesticides and carbon
monoxide.
The program plays a critical role in addressing the number one environmental disease impacting children: lead poisoning. The
Budget request of $120 million includes $93 million for HUD's Lead Hazard Control Program, $25 million for the Healthy Homes
Program, and $2 million for technical studies. The Budget includes a provision that would allow the transfer of unobligated
balances and recaptured funds from undersubscribed competitive programs to other competitive programs experiencing oversubscription.
The Budget also includes a general provision that would grant the Secretary authority to carry out investigations, administer
oaths, and subpoena documents related to violations of the Lead Disclosure provision of Title X. In addition, HUD will submit
a legislative package with updates to program standards and definitions.
The Lead Hazard Control Grant Program provides grants of $1 million to $4 million to State and local governments and Indian
tribes for control of lead-based paint hazards in private low-income rental and owner-occupied housing. The grants are also
designed to facilitate the development of a housing maintenance and rehabilitation workforce trained in lead-safe work practices
and a certified hazard evaluation and control industry. In awarding grants, HUD promotes the use of new, low-cost approaches
to hazard control that can be replicated across the nation.
The Healthy Homes Program enables the Department to assess and control housing-related hazards that contribute to childhood
diseases and injuries. With funding from this program, grantees implement and evaluate methods for controlling two or more
housing-related diseases through a single intervention.
The Office of Lead Hazard Control and Healthy Homes will continue its Technical Support program, which includes public education;
support for State and local agencies, private property owners, HUD programs and field offices and professional organizations;
technical studies to improve program policy and implementation; quality control to ensure that the evaluation and control
of lead-based paint hazards is done properly in HUD-assisted housing; and development of standards, technical guidance, regulations
and improved testing and hazard control methods.
Management and Administration
Federal Funds
Executive offices
For necessary salaries and expenses for Executive Offices, which shall be comprised of the offices of the Secretary, Deputy
Secretary, Adjudicatory Services, Congressional and Intergovernmental Relations, Public Affairs, Small and Disadvantaged Business
Utilization, and the Center for Faith-Based and Neighborhood Partnerships, [$14,500,000] $14,646,000: Provided, That not to exceed $25,000 of the amount made available under this heading shall be available to the Secretary for official reception and representation
expenses as the Secretary may determine. (Department of Housing and Urban Development Appropriations Act, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–0332–0–1–604
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
Personnel costs
9
11
11
0002
Benefits
3
3
3
0003
Non-Personnel costs
2
1
1
0900
Total new obligations
14
15
15
Budgetary resources:
Budget authority:
Appropriations, discretionary:
1100
Appropriation
15
15
15
1160
Appropriation, discretionary (total)
15
15
15
1930
Total budgetary resources available
15
15
15
Memorandum (non-add) entries:
1940
Unobligated balance expiring
–1
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
2
3010
Obligations incurred, unexpired accounts
14
15
15
3020
Outlays (gross)
–12
–17
–15
3050
Unpaid obligations, end of year
2
Memorandum (non-add) entries:
3100
Obligated balance, start of year
2
3200
Obligated balance, end of year
2
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
15
15
15
Outlays, gross:
4010
Outlays from new discretionary authority
12
15
15
4011
Outlays from discretionary balances
2
4020
Outlays, gross (total)
12
17
15
4180
Budget authority, net (total)
15
15
15
4190
Outlays, net (total)
12
17
15
The Executive Offices account supports the total salaries and expenses of various high level management offices, including
the immediate offices of the Secretary; Deputy Secretary; Congressional and Intergovernmental Relations; Public Affairs; Adjudicatory
Services; the Center for Faith-Based and Neighborhood Partnerships; and the Office of Small and Disadvantaged Utilization.
Object Classification (in millions of dollars)
Identification code 086–0332–0–1–604
2014 actual
2015 est.
2016 est.
Direct obligations:
11.1
Personnel compensation: Full-time permanent
9
11
11
12.1
Civilian personnel benefits
3
3
3
25.2
Other services from non-Federal sources
2
1
1
99.9
Total new obligations
14
15
15
Employment Summary
Identification code 086–0332–0–1–604
2014 actual
2015 est.
2016 est.
1001
Direct civilian full-time equivalent employment
77
90
90
Administrative support offices
For necessary salaries and expenses for Administrative Support Offices, [$518,100,000, of] which [not to exceed $47,000,000] shall be [available for] composed of the [Office] offices of the Chief Financial Officer [; not to exceed $94,000,000 shall be available for the Office of the] , General Counsel [; not to exceed $200,000,000 shall be available for the Office of] , Administration [; not to exceed $57,000,000 shall be available for the Office of the] , Chief Human Capital Officer [; not to exceed $50,000,000 shall be available for the Office of] , Field Policy and Management [; not to exceed $16,500,000 shall be available for the Office of the] , Chief Procurement Officer [; not to exceed $3,200,000 shall be available for the Office of] , Departmental Equal Employment Opportunity [; not to exceed $4,400,000 shall be available for the Office of] , Strategic Planning and Management [; and not to exceed $46,000,000 shall be available for the Office of the] , and Chief Information Officer, $577,861,000: Provided, That funds provided under this heading may be used for necessary administrative and non-administrative expenses of the Department
of Housing and Urban Development, not otherwise provided for, including purchase of uniforms, or allowances therefor, as authorized
by 5 U.S.C. 5901–5902; hire of passenger motor vehicles; and services as authorized by 5 U.S.C. 3109: Provided further, That notwithstanding any other provision of law, funds appropriated under this heading may be used for advertising and promotional
activities that support the housing mission area [: Provided further, That the Secretary shall provide the Committees on Appropriations quarterly written notification regarding the status of
pending congressional reports: Provided further, That the Secretary shall provide in electronic form all signed reports required by Congress]. (Department of Housing and Urban Development Appropriations Act, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–0335–0–1–999
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
Personnel compensation [& benefits]
215
213
218
0002
Non-personnel costs
220
222
273
0003
Benefits
75
83
87
0900
Total new obligations
510
518
578
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
1
1
1012
Unobligated balance transfers between expired and unexpired accounts
3
1050
Unobligated balance (total)
3
1
1
Budget authority:
Appropriations, discretionary:
1100
Appropriation
506
518
578
1121
Appropriations transferred from other acct [086–0334]
3
1121
Appropriations transferred from other acct [086–0337]
4
1121
Appropriations transferred from other acct [086–0338]
1
1160
Appropriation, discretionary (total)
514
518
578
1900
Budget authority (total)
514
518
578
1930
Total budgetary resources available
517
519
579
Memorandum (non-add) entries:
1940
Unobligated balance expiring
–6
1941
Unexpired unobligated balance, end of year
1
1
1
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
88
100
77
3010
Obligations incurred, unexpired accounts
510
518
578
3011
Obligations incurred, expired accounts
13
3020
Outlays (gross)
–488
–541
–569
3041
Recoveries of prior year unpaid obligations, expired
–23
3050
Unpaid obligations, end of year
100
77
86
Memorandum (non-add) entries:
3100
Obligated balance, start of year
88
100
77
3200
Obligated balance, end of year
100
77
86
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
514
518
578
Outlays, gross:
4010
Outlays from new discretionary authority
444
440
491
4011
Outlays from discretionary balances
44
101
78
4020
Outlays, gross (total)
488
541
569
4180
Budget authority, net (total)
514
518
578
4190
Outlays, net (total)
488
541
569
The proposed Administrative Support Offices (ASO) account funds central Departmental functions, including the offices of the
Chief Human Capital Officer, Chief Financial Officer, Chief Procurement Officer, General Counsel, Field Policy and Management,
Strategic Planning and Management, Departmental Equal Employment Opportunity, Chief Information Officer, and Administration.
The ASO account supports all personnel and non-personnel expenses for these offices.
Object Classification (in millions of dollars)
Identification code 086–0335–0–1–999
2014 actual
2015 est.
2016 est.
Direct obligations:
Personnel compensation:
11.1
Full-time permanent
181
179
184
11.3
Other than full-time permanent
2
2
2
11.5
Other personnel compensation
7
7
7
11.8
Special personal services payments
25
25
25
11.9
Total personnel compensation
215
213
218
12.1
Civilian personnel benefits
75
83
87
21.0
Travel and transportation of persons
4
4
5
23.1
Rental payments to GSA
107
107
109
23.3
Communications, utilities, and miscellaneous charges
21
21
22
24.0
Printing and reproduction
1
1
1
25.1
Advisory and assistance services
67
39
76
25.3
Other goods and services from Federal sources
33
43
25.4
Operation and maintenance of facilities
9
9
9
26.0
Supplies and materials
2
2
2
31.0
Equipment
8
5
5
42.0
Insurance claims and indemnities
1
1
1
99.9
Total new obligations
510
518
578
Employment Summary
Identification code 086–0335–0–1–999
2014 actual
2015 est.
2016 est.
1001
Direct civilian full-time equivalent employment
1,964
1,991
2,020
Public and indian housing
For necessary salaries and expenses of the Office of Public and Indian Housing, [$203,000,000] $210,002,000. (Department of Housing and Urban Development Appropriations Act, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–0337–0–1–604
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
Personnel costs
145
152
159
0002
Benefits
40
40
40
0004
Non-personnel expenses
12
11
11
0900
Total new obligations
197
203
210
Budgetary resources:
Budget authority:
Appropriations, discretionary:
1100
Appropriation
205
203
210
1120
Appropriations transferred to other accts [086–0335]
–4
1120
Appropriations transferred to other accts [086–4586]
–2
1160
Appropriation, discretionary (total)
199
203
210
1930
Total budgetary resources available
199
203
210
Memorandum (non-add) entries:
1940
Unobligated balance expiring
–2
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
5
14
2
3010
Obligations incurred, unexpired accounts
197
203
210
3011
Obligations incurred, expired accounts
6
3020
Outlays (gross)
–189
–215
–209
3041
Recoveries of prior year unpaid obligations, expired
–5
3050
Unpaid obligations, end of year
14
2
3
Memorandum (non-add) entries:
3100
Obligated balance, start of year
5
14
2
3200
Obligated balance, end of year
14
2
3
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
199
203
210
Outlays, gross:
4010
Outlays from new discretionary authority
183
201
207
4011
Outlays from discretionary balances
6
14
2
4020
Outlays, gross (total)
189
215
209
4180
Budget authority, net (total)
199
203
210
4190
Outlays, net (total)
189
215
209
This account provides funding for all salaries and expenses of the Office of Public and Indian Housing, including the Office
of the Assistant Secretary. The Office's mission is to ensure safe, decent, and affordable housing for low-income families;
create opportunities for residents' self-sufficiency and economic independence; reduce improper payments; and support mixed-
income developments to replace distressed public housing.
Object Classification (in millions of dollars)
Identification code 086–0337–0–1–604
2014 actual
2015 est.
2016 est.
Direct obligations:
Personnel compensation:
11.1
Full-time permanent
138
145
152
11.5
Other personnel compensation
7
7
7
11.9
Total personnel compensation
145
152
159
12.1
Civilian personnel benefits
40
40
40
21.0
Travel and transportation of persons
3
4
4
25.2
Other services from non-Federal sources
9
7
7
99.9
Total new obligations
197
203
210
Employment Summary
Identification code 086–0337–0–1–604
2014 actual
2015 est.
2016 est.
1001
Direct civilian full-time equivalent employment
1,345
1,421
1,453
Community planning and development
For necessary salaries and expenses of the Office of Community Planning and Development, [$102,000,000] $112,115,000. (Department of Housing and Urban Development Appropriations Act, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–0338–0–1–451
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
Personnel costs
76
78
86
0002
Benefits
21
22
24
0006
Non-personnel expenses
4
2
2
0007
Disaster supplemental - PS
2
2
0900
Total new obligations
101
104
114
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
9
7
5
Budget authority:
Appropriations, discretionary:
1100
Appropriation
102
102
112
1120
Appropriations transferred to other accts [086–4586]
–1
1120
Appropriations transferred to other accts [086–0335]
–1
1160
Appropriation, discretionary (total)
100
102
112
1930
Total budgetary resources available
109
109
117
Memorandum (non-add) entries:
1940
Unobligated balance expiring
–1
1941
Unexpired unobligated balance, end of year
7
5
3
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
3
5
1
3010
Obligations incurred, unexpired accounts
101
104
114
3011
Obligations incurred, expired accounts
3
3020
Outlays (gross)
–99
–108
–114
3041
Recoveries of prior year unpaid obligations, expired
–3
3050
Unpaid obligations, end of year
5
1
1
Memorandum (non-add) entries:
3100
Obligated balance, start of year
3
5
1
3200
Obligated balance, end of year
5
1
1
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
100
102
112
Outlays, gross:
4010
Outlays from new discretionary authority
94
101
111
4011
Outlays from discretionary balances
5
7
3
4020
Outlays, gross (total)
99
108
114
4180
Budget authority, net (total)
100
102
112
4190
Outlays, net (total)
99
108
114
This account provides funding for all salaries and expenses of the Office of Community Planning and Development, including
the Office of the Assistant Secretary. The Office provides funding to a broad array of state and local governments, and non-profit
and for-profit organizations to administer a wide range of housing, economic development, and homeless assistance, as well
as integrated planning for housing, transportation and infrastructure, disaster recovery, and other community development
activities in urban and rural areas across the country.
Object Classification (in millions of dollars)
Identification code 086–0338–0–1–451
2014 actual
2015 est.
2016 est.
Direct obligations:
Personnel compensation:
11.1
Full-time permanent
74
80
90
11.5
Other personnel compensation
2
11.9
Total personnel compensation
76
80
90
12.1
Civilian personnel benefits
21
22
22
21.0
Travel and transportation of persons
1
1
1
25.2
Other services from non-Federal sources
3
1
1
99.9
Total new obligations
101
104
114
Employment Summary
Identification code 086–0338–0–1–451
2014 actual
2015 est.
2016 est.
1001
Direct civilian full-time equivalent employment
745
762
819
Housing
For necessary salaries and expenses of the Office of Housing, [$379,000,000, of which at least $9,000,000 shall be for the Office of Risk and Regulatory Affairs] $397,174,000. (Department of Housing and Urban Development Appropriations Act, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–0334–0–1–604
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
Personnel costs
283
288
305
0002
Benefits
82
82
82
0003
Non-Personnel Service
9
9
10
0900
Total new obligations
374
379
397
Budgetary resources:
Budget authority:
Appropriations, discretionary:
1100
Appropriation
382
379
397
1120
Appropriations transferred to other accts [086–4586]
–2
1120
Appropriations transferred to other accts [086–0335]
–3
1160
Appropriation, discretionary (total)
377
379
397
1930
Total budgetary resources available
377
379
397
Memorandum (non-add) entries:
1940
Unobligated balance expiring
–3
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
14
20
5
3010
Obligations incurred, unexpired accounts
374
379
397
3011
Obligations incurred, expired accounts
10
3020
Outlays (gross)
–367
–394
–397
3041
Recoveries of prior year unpaid obligations, expired
–11
3050
Unpaid obligations, end of year
20
5
5
Memorandum (non-add) entries:
3100
Obligated balance, start of year
14
20
5
3200
Obligated balance, end of year
20
5
5
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
377
379
397
Outlays, gross:
4010
Outlays from new discretionary authority
355
374
392
4011
Outlays from discretionary balances
12
20
5
4020
Outlays, gross (total)
367
394
397
4180
Budget authority, net (total)
377
379
397
4190
Outlays, net (total)
367
394
397
This account provides funding for all salaries and expenses of the Office of Housing, including the Office of the Federal
Housing Commissioner. The mission of the Office is to maintain and expand homeownership, rental housing and healthcare opportunities;
stabilize credit markets in times of economic disruption; and contribute to building and preserving healthy neighborhoods
and communities.
Object Classification (in millions of dollars)
Identification code 086–0334–0–1–604
2014 actual
2015 est.
2016 est.
Direct obligations:
Personnel compensation:
11.1
Full-time permanent
274
279
296
11.5
Other personnel compensation
9
9
9
11.9
Total personnel compensation
283
288
305
12.1
Civilian personnel benefits
82
82
82
21.0
Travel and transportation of persons
3
3
3
22.0
Transportation of things
1
1
1
25.2
Other services from non-Federal sources
5
5
6
99.9
Total new obligations
374
379
397
Employment Summary
Identification code 086–0334–0–1–604
2014 actual
2015 est.
2016 est.
1001
Direct civilian full-time equivalent employment
2,840
2,890
2,922
Policy development and research
For necessary salaries and expenses of the Office of Policy Development and Research, [$22,700,000] $23,907,000. (Department of Housing and Urban Development Appropriations Act, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–0339–0–1–451
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
Personnel costs
16
18
19
0002
Benefits
4
4
4
0003
Non-personnel expenses
1
1
1
0900
Total new obligations
21
23
24
Budgetary resources:
Budget authority:
Appropriations, discretionary:
1100
Appropriation
22
23
24
1160
Appropriation, discretionary (total)
22
23
24
1930
Total budgetary resources available
22
23
24
Memorandum (non-add) entries:
1940
Unobligated balance expiring
–1
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
1
1
3010
Obligations incurred, unexpired accounts
21
23
24
3011
Obligations incurred, expired accounts
1
3020
Outlays (gross)
–21
–24
–24
3041
Recoveries of prior year unpaid obligations, expired
–1
3050
Unpaid obligations, end of year
1
Memorandum (non-add) entries:
3100
Obligated balance, start of year
1
1
3200
Obligated balance, end of year
1
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
22
23
24
Outlays, gross:
4010
Outlays from new discretionary authority
20
23
24
4011
Outlays from discretionary balances
1
1
4020
Outlays, gross (total)
21
24
24
4180
Budget authority, net (total)
22
23
24
4190
Outlays, net (total)
21
24
24
This account provides funding for all salaries and expenses of the Office of Policy Development and Research, including the
Office of the Assistant Secretary. The Office is responsible for conducting research on priority housing and community development
issues and maintaining current information on housing needs, market conditions, and program evaluations. The Office also provides
objective data, technical and statistical sampling support, and analysis to help inform policy decisions.
Object Classification (in millions of dollars)
Identification code 086–0339–0–1–451
2014 actual
2015 est.
2016 est.
Direct obligations:
11.1
Personnel compensation: Full-time permanent
16
18
19
12.1
Civilian personnel benefits
4
4
4
25.2
Other services from non-Federal sources
1
1
1
99.9
Total new obligations
21
23
24
Employment Summary
Identification code 086–0339–0–1–451
2014 actual
2015 est.
2016 est.
1001
Direct civilian full-time equivalent employment
137
152
159
Fair housing and equal opportunity
For necessary salaries and expenses of the Office of Fair Housing and Equal Opportunity, [$68,000,000] $81,132,000. (Department of Housing and Urban Development Appropriations Act, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–0340–0–1–751
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
Personnel costs
52
52
61
0002
Benefits
14
14
18
0003
Non-personnel expenses
2
2
2
0900
Total new obligations
68
68
81
Budgetary resources:
Budget authority:
Appropriations, discretionary:
1100
Appropriation
69
68
81
1160
Appropriation, discretionary (total)
69
68
81
1930
Total budgetary resources available
69
68
81
Memorandum (non-add) entries:
1940
Unobligated balance expiring
–1
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
2
2
1
3010
Obligations incurred, unexpired accounts
68
68
81
3011
Obligations incurred, expired accounts
2
3020
Outlays (gross)
–68
–69
–81
3041
Recoveries of prior year unpaid obligations, expired
–2
3050
Unpaid obligations, end of year
2
1
1
Memorandum (non-add) entries:
3100
Obligated balance, start of year
2
2
1
3200
Obligated balance, end of year
2
1
1
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
69
68
81
Outlays, gross:
4010
Outlays from new discretionary authority
66
67
80
4011
Outlays from discretionary balances
2
2
1
4020
Outlays, gross (total)
68
69
81
4180
Budget authority, net (total)
69
68
81
4190
Outlays, net (total)
68
69
81
This account provides funding for all salaries and expenses of the Office of Fair Housing and Equal Opportunity, including
the Office of the Assistant Secretary. The Office administers and enforces the Fair Housing Act and other civil rights laws
and establishes policies to ensure all Americans have equal access to the housing of their choice.
Object Classification (in millions of dollars)
Identification code 086–0340–0–1–751
2014 actual
2015 est.
2016 est.
Direct obligations:
Personnel compensation:
11.1
Full-time permanent
51
51
60
11.5
Other personnel compensation
1
1
1
11.9
Total personnel compensation
52
52
61
12.1
Civilian personnel benefits
14
14
18
21.0
Travel and transportation of persons
1
1
1
25.2
Other services from non-Federal sources
1
1
1
99.9
Total new obligations
68
68
81
Employment Summary
Identification code 086–0340–0–1–751
2014 actual
2015 est.
2016 est.
1001
Direct civilian full-time equivalent employment
527
516
608
Office of lead hazard control and healthy homes
For necessary salaries and expenses of the Office of Lead Hazard Control and Healthy Homes, [$6,700,000] $7,812,000. (Department of Housing and Urban Development Appropriations Act, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–0341–0–1–451
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
Personnel costs
5
5
7
0002
Benefits
2
2
2
0900
Total new obligations
7
7
9
Budgetary resources:
Budget authority:
Appropriations, discretionary:
1100
Appropriation
7
7
9
1160
Appropriation, discretionary (total)
7
7
9
1930
Total budgetary resources available
7
7
9
Change in obligated balance:
Unpaid obligations:
3010
Obligations incurred, unexpired accounts
7
7
9
3020
Outlays (gross)
–7
–7
–9
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
7
7
9
Outlays, gross:
4010
Outlays from new discretionary authority
7
7
9
4180
Budget authority, net (total)
7
7
9
4190
Outlays, net (total)
7
7
9
This account provides funding for all salaries and expenses of the Office of Lead Hazard Control and Healthy Homes . The Office
seeks to eliminate lead-based paint hazards in America's privately-owned and low-income housing and to lead the nation in
addressing other housing-related health hazards that threaten vulnerable low-income residents.
Object Classification (in millions of dollars)
Identification code 086–0341–0–1–451
2014 actual
2015 est.
2016 est.
Direct obligations:
11.1
Personnel compensation: Full-time permanent
6
5
7
12.1
Civilian personnel benefits
1
2
2
99.9
Total new obligations
7
7
9
Employment Summary
Identification code 086–0341–0–1–451
2014 actual
2015 est.
2016 est.
1001
Direct civilian full-time equivalent employment
50
46
54
Salaries and Expenses
Program and Financing (in millions of dollars)
Identification code 086–0143–0–1–999
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0801
Gulf Coast Disaster related activities
1
1
0802
Sandy Task Force
2
0900
Total new obligations
2
1
1
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
9
7
6
1930
Total budgetary resources available
9
7
6
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
7
6
5
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
3
3010
Obligations incurred, unexpired accounts
2
1
1
3020
Outlays (gross)
–5
–1
3050
Unpaid obligations, end of year
1
Memorandum (non-add) entries:
3100
Obligated balance, start of year
3
3200
Obligated balance, end of year
1
Budget authority and outlays, net:
Discretionary:
Outlays, gross:
4011
Outlays from discretionary balances
5
1
4190
Outlays, net (total)
5
1
Beginning with the passage of the Consolidated Appropriations Act, 2008, this account no longer receives annual appropriations
for Departmental administrative expenses. Instead, salary and expense funds are distributed across multiple accounts, achieving
greater transparency and accountability within the Department. Resources in this account reflect prior-year disaster supplemental
appropriations, as well as funds for disaster-related administrative expenses under certain interagency agreements.
Object Classification (in millions of dollars)
Identification code 086–0143–0–1–999
2014 actual
2015 est.
2016 est.
25.2
Reimbursable obligations: Other services from non-Federal sources
2
1
1
99.0
Reimbursable obligations
2
1
1
Office of inspector general
For necessary salaries and expenses of the Office of Inspector General in carrying out the Inspector General Act of 1978,
as amended, [$126,000,000] $129,000,000: Provided, That the Inspector General shall have independent authority over all personnel and acquisition issues within this office. (Department of Housing and Urban Development Appropriations Act, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–0189–0–1–451
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
OIG Salaries and Benefits
94
94
99
0002
OIG Non-Personnel Costs
31
32
30
0004
Hurricane Sandy and Other Disaster related activities
2
0900
Total new obligations
125
126
131
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
9
8
8
Budget authority:
Appropriations, discretionary:
1100
Appropriation
125
126
131
1160
Appropriation, discretionary (total)
125
126
131
1930
Total budgetary resources available
134
134
139
Memorandum (non-add) entries:
1940
Unobligated balance expiring
–1
1941
Unexpired unobligated balance, end of year
8
8
8
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
12
17
17
3010
Obligations incurred, unexpired accounts
125
126
131
3011
Obligations incurred, expired accounts
3
3020
Outlays (gross)
–119
–126
–132
3041
Recoveries of prior year unpaid obligations, expired
–4
3050
Unpaid obligations, end of year
17
17
16
Memorandum (non-add) entries:
3100
Obligated balance, start of year
12
17
17
3200
Obligated balance, end of year
17
17
16
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
125
126
131
Outlays, gross:
4010
Outlays from new discretionary authority
109
105
109
4011
Outlays from discretionary balances
10
21
23
4020
Outlays, gross (total)
119
126
132
4180
Budget authority, net (total)
125
126
131
4190
Outlays, net (total)
119
126
132
The Office of the Inspector General (OIG) provides independent and objective reviews of the integrity, efficiency and effectiveness
of Departmental programs and operations. Through various activities, the OIG seeks to promote efficiency and effectiveness
in programs and operations, detect and deter fraud and abuse, investigate allegations of misconduct by HUD employees, and
review and make recommendations regarding existing and proposed legislation and regulations affecting HUD. The Budget includes
$129 million to support agency-wide audit and investigative functions.
Object Classification (in millions of dollars)
Identification code 086–0189–0–1–451
2014 actual
2015 est.
2016 est.
Direct obligations:
Personnel compensation:
11.1
Full-time permanent
64
68
72
11.5
Other personnel compensation
6
6
6
11.9
Total personnel compensation
70
74
78
12.1
Civilian personnel benefits
24
24
24
21.0
Travel and transportation of persons
4
5
4
23.1
Rental payments to GSA
9
9
9
25.2
Other services from non-Federal sources
18
13
15
31.0
Equipment
1
1
99.9
Total new obligations
125
126
131
Employment Summary
Identification code 086–0189–0–1–451
2014 actual
2015 est.
2016 est.
1001
Direct civilian full-time equivalent employment
603
637
643
Information Technology fund
For the development of, modifications to, and infrastructure for Department-wide and program-specific information technology
systems, for the continuing operation and maintenance of both Department-wide and program-specific information systems, and
for program-related maintenance activities, [$250,000,000] $334,000,000, of which $286,000,000 shall remain available until September 30, [2016] 2017, and of which $48,000,000 shall remain available until September 30, 2018: Provided, That any amounts transferred to this Fund under this Act shall remain available until expended: Provided further, That any amounts transferred to this Fund from amounts appropriated by previously enacted appropriations Acts may be used
for the purposes specified under this Fund, in addition to any other information technology purposes for which such amounts
were appropriated. (Department of Housing and Urban Development Appropriations Act, 2015.)
Program and Financing (in millions of dollars)
Identification code 086–4586–0–4–451
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
Information Technology Expenses
208
337
344
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
90
145
62
1021
Recoveries of prior year unpaid obligations
9
4
4
1050
Unobligated balance (total)
99
149
66
Budget authority:
Appropriations, discretionary:
1100
Appropriation
250
250
334
1121
Appropriations transferred from other acct [086–0338]
1
1121
Appropriations transferred from other acct [086–0334]
2
1121
Appropriations transferred from other acct [086–0337]
2
1160
Appropriation, discretionary (total)
255
250
334
Spending authority from offsetting collections, discretionary:
1700
Collected
1
1750
Spending auth from offsetting collections, disc (total)
1
1900
Budget authority (total)
256
250
334
1930
Total budgetary resources available
355
399
400
Memorandum (non-add) entries:
1940
Unobligated balance expiring
–2
1941
Unexpired unobligated balance, end of year
145
62
56
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
235
185
220
3010
Obligations incurred, unexpired accounts
208
337
344
3020
Outlays (gross)
–247
–298
–286
3040
Recoveries of prior year unpaid obligations, unexpired
–9
–4
–4
3041
Recoveries of prior year unpaid obligations, expired
–2
3050
Unpaid obligations, end of year
185
220
274
Memorandum (non-add) entries:
3100
Obligated balance, start of year
235
185
220
3200
Obligated balance, end of year
185
220
274
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
256
250
334
Outlays, gross:
4010
Outlays from new discretionary authority
35
70
93
4011
Outlays from discretionary balances
212
228
193
4020
Outlays, gross (total)
247
298
286
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4030
Federal sources
–1
4180
Budget authority, net (total)
255
250
334
4190
Outlays, net (total)
246
298
286
Memorandum (non-add) entries:
5096
Unexpired unavailable balance, SOY: Appropriations
10
5097
Expiring unavailable balance: Appropriations
–10
The Information Technology Fund funds the information technology (IT) systems that support Departmental programs and operations,
including FHA Mortgage Insurance, housing assistance, grant and disaster relief programs, as well as core financial and general
operations. The Budget provides $334 million for the development, modernization, enhancement, operation and maintenance of
HUD's IT infrastructure and systems, including $286 million with a two-year period of availability and $48 million with a
three-year period of availability.
HUD is currently developing a Working Capital Fund implementation plan, the goal of which is to develop a roadmap that will
allow the Department to stand up a robust Working Capital Fund to improve the stability, accountability, transparency, and
efficiency of enterprise investments and services. The Department is evaluating various governance structures and funding
mechanisms and expects to finalize an implementation strategy in the coming months.
Object Classification (in millions of dollars)
Identification code 086–4586–0–4–451
2014 actual
2015 est.
2016 est.
Direct obligations:
23.3
Communications, utilities, and miscellaneous charges
73
176
188
25.2
Other services from non-Federal sources
14
9
25.3
Other goods and services from Federal sources
3
13
11
25.7
Operation and maintenance of equipment
130
132
134
31.0
Equipment
2
2
2
99.9
Total new obligations
208
337
344
Transformation Initiative
Of the amounts made available in this Act under each of the following headings under this title, the Secretary may transfer
to, and merge with, this account up to $120,000,000, and such transferred amounts shall be available until September 30, 2018,
for (1) research and evaluation; (2) program demonstrations; and (3) technical assistance and capacity building, including
forms of assistance described under Sections 4(b)(1) and 4(b)(2) of the HUD Demonstration Act of 1993, as amended: "Choice
Neighborhoods Initiative", "Community Development Fund", "Fair Housing Activities", "Family Self-Sufficiency", "HOME Investment
Partnerships Program", "Homeless Assistance Grants", "Housing Counseling Assistance", "Housing for Persons with Disabilities",
"Housing for the Elderly", "Housing Opportunities for Persons with AIDS", "Lead Hazard Reduction", "Mutual Mortgage Insurance
Program Account", "Native American Housing Block Grant", "Project-Based Rental Assistance", "Public Housing Capital Fund",
"Public Housing Operating Fund", "Rental Assistance Demonstration", and "Tenant-Based Rental Assistance": Provided, That any
such amounts, or portion thereof, transferred to this account, may be transferred back to be merged with any such other account
and to be available for the same purpose and same time period as provided under this Act: Provided further, That with respect
to amounts made available under this heading for research and evaluation or program demonstrations, notwithstanding section
204 of this title, the Secretary may enter into cooperative agreements funded with philanthropic entities, other Federal agencies,
or State or local governments and their agencies for such projects: Provided further, That with respect to the previous proviso,
such partners to the cooperative agreements must contribute at least a 50 percent match toward the cost of the project: Provided
further, That of the amounts made available under this heading, not less than $85,000,000 shall be available for technical
assistance and capacity building.
Program and Financing (in millions of dollars)
Identification code 086–0402–0–1–451
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
TI Research and Demonstrations
8
18
10
0002
TI Technical Assistance and Capacity Building
32
1
50
0900
Total new obligations (object class 25.2)
40
19
60
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
22
22
3
Budget authority:
Appropriations, discretionary:
1100
Appropriation
40
1121
Appropriations transferred from other acct [086–0349]
2
1121
Appropriations transferred from other acct [086–0162]
20
1121
Appropriations transferred from other acct [086–0144]
1
1121
Appropriations transferred from other acct [086–0350]
1
1121
Appropriations transferred from other acct [086–0205]
8
1121
Appropriations transferred from other acct [086–0156]
1
1121
Appropriations transferred from other acct [086–0237]
1
1121
Appropriations transferred from other acct [086–0320]
3
1121
Appropriations transferred from other acct [086–0308]
3
1121
Appropriations transferred from other acct [086–0174]
1
1121
Appropriations transferred from other acct [086–0183]
1
1121
Appropriations transferred from other acct [086–0313]
5
1121
Appropriations transferred from other acct [086–0303]
20
1121
Appropriations transferred from other acct [086–0304]
15
1121
Appropriations transferred from other acct [086–0163]
18
1121
Appropriations transferred from other acct [086–0302]
20
1160
Appropriation, discretionary (total)
40
120
1930
Total budgetary resources available
62
22
123
Memorandum (non-add) entries:
1941
Unexpired unobligated balance, end of year
22
3
63
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
253
168
140
3010
Obligations incurred, unexpired accounts
40
19
60
3020
Outlays (gross)
–122
–47
–49
3041
Recoveries of prior year unpaid obligations, expired
–3
3050
Unpaid obligations, end of year
168
140
151
Memorandum (non-add) entries:
3100
Obligated balance, start of year
253
168
140
3200
Obligated balance, end of year
168
140
151
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
40
120
Outlays, gross:
4010
Outlays from new discretionary authority
1
4011
Outlays from discretionary balances
122
47
48
4020
Outlays, gross (total)
122
47
49
4180
Budget authority, net (total)
40
120
4190
Outlays, net (total)
122
47
49
The Transformation Initiative (TI), initiated in 2010, is a focused, systematic effort to increase the effectiveness of HUD's
program and service delivery, improve program outcomes, and enable innovative approaches to address the nation's housing and
urban development problems. A central concept of TI is to make the Department's investments increasingly coordinated, efficient,
and effective by generating and communicating evidence and expertise in a cross-cutting way to those who need it. The 2016
Budget proposes transfers to TI of up to $120 million. The Budget proposes three complementary purposes for these funds: (1)
research and evaluation, (2) program demonstrations, and (3) technical assistance and capacity building for HUD's customers
and partners, including forms of assistance described under Sections 4(b)(1) and 4(b)(2) of the HUD Demonstration Act of 1993,
as amended. Of the transfer total, the Budget proposes that at least $85 million shall be for technical assistance and capacity
building.
The initiative's research, evaluation and demonstration priorities are informed by HUD's "Research Roadmap 2014–2018," developed
by HUD's Office of Policy Development and Research (PD&R) through an extensive consultation and prioritization process. HUD
is planning to refresh the Roadmap to ensure that the research agenda continues to address rapidly evolving housing and urban
development challenges. The TI provides a predictable stream of funding for these research and evaluation projects and program
demonstrations that will inform sound policymaking and effective program implementation. The TI supplements HUD's Research
and Technology appropriations, which primarily fund housing data collection efforts such as the American Housing Survey. To
improve the quality of Federal evaluations and to use resources efficiently, the Budget seeks expanded legislative flexibilities
for HUD to spend funding recaptured from research, evaluation, and demonstrations.
Historically, HUD delivered program-oriented technical assistance. Through TI HUD has learned that it is more effective to
provide comprehensive and coordinated assistance to help grantees, public housing authorities, and other customers implement
affordable housing and community development programs. Technical assistance within TI enables HUD to deliver cross-program
technical assistance that is responsive to the needs of HUD's customers. In 2016, HUD will continue its integrated approach
to technical assistance piloted under Community Compass, and will dedicate a portion of funds under this program 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. Technical assistance will focus on integrated management and planning across programs and jurisdictions, improved
use of data to drive decision-making and results, addressing staff turnover and capacity through the availability of online
resources and training, and delivering comprehensive capacity building to help distressed communities position themselves
for revitalization and economic growth.
The following table illustrates the estimated transfers from HUD's programs into the Transformation Initiative account in
2016.
2016
Program Name (amounts in thousands)
Treasury
Estimated
Account
Transfer
Choice Neighborhoods
86–0349
1,900
Community Development Fund
86–0162
20,000
Fair Housing Activities
86–0144
540
Family Self Sufficiency
86–0350
646
HOME Investment Partnerships Program
86–0205
8,056
Homeless Assistance Grants
86–0192
0
Housing Counseling Assistance
86–0156
456
Housing for Persons with Disabilities (Section 811)
86–0237
1,345
Housing for the Elderly (Section 202)
86–0320
3,458
Housing Opportunities for Persons with AIDS
86–0308
2,523
Lead Hazard Reduction
86–0174
912
Mutual Mortgage Insurance Program Account
86–0183
1,322
Native American Housing Block Grants
86–0313
5,016
Project-Based Rental Assistance
86–0303
20,000
Public Housing Capital Fund
86–0304
14,972
Public Housing Operating Fund
86–0163
18,474
Rental Assistance Demonstration
86–0406
380
Tenant-Based Rental Assistance
86–0302
20,000
Transfer Total
120,0001
1 Amount represents estimated TI transfers based on the 2016 Budget priorities, program requirements, and application of a $20
million cap per account.
Trust Funds
Gifts and Bequests
Program and Financing (in millions of dollars)
Identification code 086–8093–0–7–451
2014 actual
2015 est.
2016 est.
Obligations by program activity:
0001
Gifts and bequests
2
0900
Total new obligations (object class 41.0)
2
Budgetary resources:
Unobligated balance:
1000
Unobligated balance brought forward, Oct 1
1
Budget authority:
Spending authority from offsetting collections, discretionary:
1700
Collected
1
1750
Spending auth from offsetting collections, disc (total)
1
1900
Budget authority (total)
1
1930
Total budgetary resources available
2
Change in obligated balance:
Unpaid obligations:
3000
Unpaid obligations, brought forward, Oct 1
2
1
3010
Obligations incurred, unexpired accounts
2
3020
Outlays (gross)
–3
–1
3050
Unpaid obligations, end of year
1
Memorandum (non-add) entries:
3100
Obligated balance, start of year
2
1
3200
Obligated balance, end of year
1
Budget authority and outlays, net:
Discretionary:
4000
Budget authority, gross
1
Outlays, gross:
4010
Outlays from new discretionary authority
1
4011
Outlays from discretionary balances
2
1
4020
Outlays, gross (total)
3
1
Offsets against gross budget authority and outlays:
Offsetting collections (collected) from:
4033
Non-Federal sources
–1
4190
Outlays, net (total)
2
1
The Secretary of Housing and Urban Development (HUD) is authorized to accept, hold, administer, and utilize gifts and bequests
of property, both real and personal, for the purpose of aiding or facilitating the work of the Department (42 U.S.C. 3535(k)).
Property and the proceeds are used in accordance with the terms of the gift and bequest. The amounts currently in this account
support the Rebuild by Design program, a multi-stage regional design competition launched by the Hurricane Sandy Rebuilding
Task Force to promote resilience in the Sandy-affected region.
General and Administrative Provisions
GENERAL FUND RECEIPT ACCOUNTS
(in millions of dollars)
2014 actual
2015 est.
2016 est.
Offsetting receipts from the public:
086–279930
Native Hawaiian Housing Loan Guarantees, Downward Reestimates of Subsidies
2
1
086–276230
Title VI Indian Loan Guarantee Downward Reestimate
3
086–267810
Green Retrofit Program for Multifamily Housing, Downward Reestimates of Subsidies
5
6
086–274330
Indian Housing Loan Guarantees, Downward Reestimates of Subsidies
6
21
086–277330
Community Development Loan Guarantees, Downward Reestimates
7
21
086–271930
FHA-general and Special Risk, Downward Reestimates of Subsidies
2,060
2,276
086–143500
General Fund Proprietary Interest Receipts, not Otherwise Classified
1
086–322000
All Other General Fund Proprietary Receipts Including Budget Clearing Accounts
12
12
12
086–271910
FHA-general and Special Risk, Negative Subsidies
608
708
657
General Fund Offsetting receipts from the public
2,700
3,048
670
Intragovernmental payments:
086–388510
Undistributed Intragovernmental Payments
13
7
7
General Fund Intragovernmental payments
13
7
7
GENERAL PROVISIONS—DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
'
(including transfer of funds)
'
[(including rescissions)]
SEC. 201. Section 1012(b) of the Stewart B. McKinney Homeless Assistance Amendments Act of 1988 (42 U.S.C. 1437 note) is amended to
read as follows: "Fifty percent of the amounts of budget authority, or in lieu thereof 50 percent of the cash amounts associated with such budget
authority, that are recaptured from projects described in section 1012(a) of the Stewart B. McKinney Homeless Assistance Amendments
Act of 1988 (42 U.S.C. 1437 note) shall be rescinded or in the case of cash, shall be remitted to the Treasury, and such amounts
of budget authority or cash recaptured and not rescinded or remitted to the Treasury shall be used by State housing finance
agencies or local governments or local housing agencies with projects approved by the Secretary of Housing and Urban Development
for which settlement occurred after January 1, 1992, in accordance with such section. Notwithstanding the previous sentence,
the Secretary may award up to 15 percent of the budget authority or cash recaptured and not rescinded or remitted to the Treasury
to provide project owners with incentives to refinance their project at a lower interest rate.".
SEC. 202. None of the amounts made available under this Act may be used during fiscal year [2015] 2016 to investigate or prosecute under the Fair Housing Act any otherwise lawful activity engaged in by one or more persons, including
the filing or maintaining of a nonfrivolous legal action, that is engaged in solely for the purpose of achieving or preventing
action by a Government official or entity, or a court of competent jurisdiction.SEC. 203. Sections 203 and 209 of division C of Public Law 112–55 (125 Stat. 693–694) shall apply during fiscal year [2015] 2016 as if such sections were included in this title, except that during such fiscal year such sections shall be applied by substituting
["fiscal year 2015"] "fiscal year 2016" for "fiscal year 2011" and for "fiscal year 2012" each place such terms appear, and shall be amended to reflect revised delineations
of statistical areas established by the Office of Management and Budget pursuant to 44 U.S.C. 3504(e)(3), 31 U.S.C. 1104(d),
and Executive Order No. 10253.SEC. 204. Except as explicitly provided in law, any grant, cooperative agreement or other assistance made pursuant to title II of this
Act shall be made on a competitive basis and in accordance with section 102 of the Department of Housing and Urban Development
Reform Act of 1989 (42 U.S.C. 3545).SEC. 205. Section 7 of the Department of Housing and Urban Development Act (42 U.S.C. 3535) is amended by adding at the end the following
new subsection: "(u)(1) Funds of the Department of Housing and Urban Development subject to the Government Corporation Control Act or section 402
of the Housing Act of 1950 shall be available, without regard to the limitations on administrative expenses, for legal services
on a contract or fee basis, and for utilizing and making payment for services and facilities of the Federal National Mortgage
Association, Government National Mortgage Association, Federal Home Loan Mortgage Corporation, Federal Financing Bank, Federal
Reserve banks or any member thereof, Federal Home Loan banks, and any insured bank within the meaning of the Federal Deposit
Insurance Corporation Act, as amended (12 U.S.C. 1811–1).
"(2) Corporations and agencies of the Department of Housing and Urban Development which are subject to the Government Corporation
Control Act are hereby authorized to make such expenditures, within the limits of funds and borrowing authority available
to each such corporation or agency and in accordance with law, and to make such contracts and commitments without regard to
fiscal year limitations as provided by section 104 of such Act as may be necessary in carrying out the programs set forth
in the budget for 2015 for such corporation or agency except as hereinafter provided: Provided, That collections of these
corporations and agencies may be used for new loan or mortgage purchase commitments only to the extent expressly provided
for in this Act (unless such loans are in support of other forms of assistance provided for in this or prior appropriations
Acts), except that this proviso shall not apply to the mortgage insurance or guaranty operations of these corporations, or
where loans or mortgage purchases are necessary to protect the financial interest of the United States Government."
[SEC. 206. Unless otherwise provided for in this Act or through a reprogramming of funds, no part of any appropriation for the Department
of Housing and Urban Development shall be available for any program, project or activity in excess of amounts set forth in
the budget estimates submitted to Congress.][SEC. 207. Corporations and agencies of the Department of Housing and Urban Development which are subject to the Government Corporation
Control Act are hereby authorized to make such expenditures, within the limits of funds and borrowing authority available
to each such corporation or agency and in accordance with law, and to make such contracts and commitments without regard to
fiscal year limitations as provided by section 104 of such Act as may be necessary in carrying out the programs set forth
in the budget for 2015 for such corporation or agency except as hereinafter provided: Provided, That collections of these corporations and agencies may be used for new loan or mortgage purchase commitments only to the
extent expressly provided for in this Act (unless such loans are in support of other forms of assistance provided for in this
or prior appropriations Acts), except that this proviso shall not apply to the mortgage insurance or guaranty operations of
these corporations, or where loans or mortgage purchases are necessary to protect the financial interest of the United States
Government.][SEC. 208. The Secretary of Housing and Urban Development shall provide quarterly reports to the House and Senate Committees on Appropriations
regarding all uncommitted, unobligated, recaptured and excess funds in each program and activity within the jurisdiction of
the Department and shall submit additional, updated budget information to these Committees upon request.][SEC. 209. The President's formal budget request for fiscal year 2016, as well as the Department of Housing and Urban Development's congressional
budget justifications to be submitted to the Committees on Appropriations of the House of Representatives and the Senate,
shall use the identical account and sub-account structure provided under this Act.]SEC. [210]206. A public housing agency or such other entity that administers Federal housing assistance for the Housing Authority of the
county of Los Angeles, California, and the States of Alaska, Iowa, and Mississippi shall not be required to include a resident
of public housing or a recipient of assistance provided under section 8 of the United States Housing Act of 1937 on the board
of directors or a similar governing board of such agency or entity as required under section (2)(b) of such Act. Each public
housing agency or other entity that administers Federal housing assistance under section 8 for the Housing Authority of the
county of Los Angeles, California and the States of Alaska, Iowa and Mississippi that chooses not to include a resident of
public housing or a recipient of section 8 assistance on the board of directors or a similar governing board shall establish
an advisory board of not less than six residents of public housing or recipients of section 8 assistance to provide advice
and comment to the public housing agency or other administering entity on issues related to public housing and section 8.
Such advisory board shall meet not less than quarterly.[SEC. 211. No funds provided under this title may be used for an audit of the Government National Mortgage Association that makes applicable
requirements under the Federal Credit Reform Act of 1990 (2 U.S.C. 661 et seq.).]SEC. [212]207. (a) Notwithstanding any other provision of law, subject to the conditions listed under this section, for fiscal years 2015 and
2016, the Secretary of Housing and Urban Development may authorize the transfer of some or all project-based assistance, debt
held or insured by the Secretary and statutorily required low-income and very low-income use restrictions if any, associated
with one or more multifamily housing project or projects to another multifamily housing project or projects.
(b) Transfers of project-based assistance under this section may be done in phases to accommodate the financing and other requirements
related to rehabilitating or constructing the project or projects to which the assistance is transferred, to ensure that such
project or projects meet the standards under subsection (c).
(c) The transfer authorized in subsection (a) is subject to the following conditions:
(1) Number and bedroom size of units.—
(A) For occupied units in the transferring project: the number of low-income and very low-income units and the configuration (i.e.,
bedroom size) provided by the transferring project shall be no less than when transferred to the receiving project or projects
and the net dollar amount of Federal assistance provided to the transferring project shall remain the same in the receiving
project or projects.
(B) For unoccupied units in the transferring project: the Secretary may authorize a reduction in the number of dwelling units
in the receiving project or projects to allow for a reconfiguration of bedroom sizes to meet current market demands, as determined
by the Secretary and provided there is no increase in the project-based assistance budget authority.
(2) The transferring project shall, as determined by the Secretary, be either physically obsolete or economically nonviable.
(3) The receiving project or projects shall meet or exceed applicable physical standards established by the Secretary.
(4) The owner or mortgagor of the transferring project shall notify and consult with the tenants residing in the transferring
project and provide a certification of approval by all appropriate local governmental officials.
(5) The tenants of the transferring project who remain eligible for assistance to be provided by the receiving project or projects
shall not be required to vacate their units in the transferring project or projects until new units in the receiving project
are available for occupancy.
(6) The Secretary determines that this transfer is in the best interest of the tenants.
(7) If either the transferring project or the receiving project or projects meets the condition specified in subsection (d)(2)(A),
any lien on the receiving project resulting from additional financing obtained by the owner shall be subordinate to any FHA-insured
mortgage lien transferred to, or placed on, such project by the Secretary, except that the Secretary may waive this requirement
upon determination that such a waiver is necessary to facilitate the financing of acquisition, construction, and/or rehabilitation
of the receiving project or projects.
(8) If the transferring project meets the requirements of subsection (d)(2), the owner or mortgagor of the receiving project or
projects shall execute and record either a continuation of the existing use agreement or a new use agreement for the project
where, in either case, any use restrictions in such agreement are of no lesser duration than the existing use restrictions.
(9) The transfer does not increase the cost (as defined in section 502 of the Congressional Budget Act of 1974, as amended) of
any FHA-insured mortgage, except to the extent that appropriations are provided in advance for the amount of any such increased
cost.
(d) For purposes of this section—
(1) the terms "low-income" and "very low-income" shall have the meanings provided by the statute and/or regulations governing
the program under which the project is insured or assisted;
(2) the term "multifamily housing project" means housing that meets one of the following conditions—
(A) housing that is subject to a mortgage insured under the National Housing Act;
(B) housing that has project-based assistance attached to the structure including projects undergoing mark to market debt restructuring
under the Multifamily Assisted Housing Reform and Affordability Housing Act;
(C) housing that is assisted under section 202 of the Housing Act of 1959, as amended by section 801 of the Cranston-Gonzales
National Affordable Housing Act;
(D) housing that is assisted under section 202 of the Housing Act of 1959, as such section existed before the enactment of the
Cranston-Gonzales National Affordable Housing Act;
(E) housing that is assisted under section 811 of the Cranston-Gonzales National Affordable Housing Act; or
(F) housing or vacant land that is subject to a use agreement;
(3) the term "project-based assistance" means—
(A) assistance provided under section 8(b) of the United States Housing Act of 1937;
(B) assistance for housing constructed or substantially rehabilitated pursuant to assistance provided under section 8(b)(2) of
such Act (as such section existed immediately before October 1, 1983);
(C) rent supplement payments under section 101 of the Housing and Urban Development Act of 1965;
(D) interest reduction payments under section 236 and/or additional assistance payments under section 236(f)(2) of the National
Housing Act;
(E) assistance payments made under section 202(c)(2) of the Housing Act of 1959; and
(F) assistance payments made under section 811(d)(2) of the Cranston-Gonzalez National Affordable Housing Act;
(4) the term "receiving project or projects" means the multifamily housing project or projects to which some or all of the project-based
assistance, debt, and statutorily required low-income and very low-income use restrictions are to be transferred;
(5) the term "transferring project" means the multifamily housing project which is transferring some or all of the project-based
assistance, debt, and the statutorily required low-income and very low-income use restrictions to the receiving project or
projects; and
(6) the term "Secretary" means the Secretary of Housing and Urban Development.
(e) Public Notice and Research Report—
(1) The Secretary shall publish by notice in the Federal Register the terms and conditions, including criteria for HUD approval,
of transfers pursuant to this section no later than 30 days before the effective date of such notice.
(2) The Secretary shall conduct an evaluation of the transfer authority under this section, including the effect of such transfers
on the operational efficiency, contract rents, physical and financial conditions, and long-term preservation of the affected
properties.
SEC. [213]208. (a) No assistance shall be provided under section 8 of the United States Housing Act of 1937 (42 U.S.C. 1437f) to any individual
who—
(1) is enrolled as a student at an institution of higher education (as defined under section 102 of the Higher Education Act of
1965 (20 U.S.C. 1002));
(2) is under 24 years of age;
(3) is not a veteran;
(4) is unmarried;
(5) does not have a dependent child;
(6) is not a person with disabilities, as such term is defined in section 3(b)(3)(E) of the United States Housing Act of 1937
(42 U.S.C. 1437a(b)(3)(E)) and was not receiving assistance under such section 8 as of November 30, 2005; and
(7) is not otherwise individually eligible, or has parents who, individually or jointly, are not eligible, to receive assistance
under section 8 of the United States Housing Act of 1937 (42 U.S.C. 1437f).
(b) For purposes of determining the eligibility of a person to receive assistance under section 8 of the United States Housing
Act of 1937 (42 U.S.C. 1437f), any financial assistance (in excess of amounts received for tuition and any other required
fees and charges) that an individual receives under the Higher Education Act of 1965 (20 U.S.C. 1001 et seq.), from private
sources, or an institution of higher education (as defined under the Higher Education Act of 1965 (20 U.S.C. 1002)), shall
be considered income to that individual, except for a person over the age of 23 with dependent children.
[SEC. 214. The funds made available for Native Alaskans under the heading "Native American Housing Block Grants" in title II of this
Act shall be allocated to the same Native Alaskan housing block grant recipients that received funds in fiscal year 2005.]SEC. [215]209. [Notwithstanding the limitation in the first sentence of section 255(g) of the National Housing Act (12 U.S.C. 1715z-20(g)),
the Secretary of Housing and Urban Development may, until September 30, 2015, insure and enter into commitments to insure
mortgages under such section 255.] Section 255(g) of the National Housing Act (12 U.S.C.1715z-20(g)) is amended by striking "AUTHORITY—" and all that follows
through "275,000." and inserting "AMOUNT.—".SEC. [216]210. Notwithstanding any other provision of law, in fiscal year [2015] 2016, in managing and disposing of any multifamily property that is owned or has a mortgage held by the Secretary of Housing and
Urban Development, and during the process of foreclosure on any property with a contract for rental assistance payments under
section 8 of the United States Housing Act of 1937 or other Federal programs, the Secretary shall maintain any rental assistance
payments under section 8 of the United States Housing Act of 1937 and other programs that are attached to any dwelling units
in the property. To the extent the Secretary determines, in consultation with the tenants and the local government, that such
a multifamily property owned or held by the Secretary is not feasible for continued rental assistance payments under such
section 8 or other programs, based on consideration of (1) the costs of rehabilitating and operating the property and all
available Federal, State, and local resources, including rent adjustments under section 524 of the Multifamily Assisted Housing
Reform and Affordability Act of 1997 ("MAHRAA") and (2) environmental conditions that cannot be remedied in a cost-effective
fashion, the Secretary may, in consultation with the tenants of that property, contract for project-based rental assistance
payments with an owner or owners of other existing housing properties, or provide other rental assistance. The Secretary shall
also take appropriate steps to ensure that project-based contracts remain in effect prior to foreclosure, subject to the exercise
of contractual abatement remedies to assist relocation of tenants for imminent major threats to health and safety after written
notice to and informed consent of the affected tenants and use of other available remedies, such as partial abatements or
receivership. After disposition of any multifamily property described under this section, the contract and allowable rent
levels on such properties shall be subject to the requirements under section 524 of MAHRAA.SEC. [217]211. [The commitment authority funded by fees as provided under the heading "Community Development Loan Guarantees Program Account"
may be used to guarantee, or make commitments to guarantee, notes, or other obligations issued by any State on behalf of non-entitlement
communities in the State in accordance with the requirements of section 108 of the Housing and Community Development Act of
1974: Provided, That any State receiving such a guarantee or commitment shall distribute all funds subject to such guarantee to the units
of general local government in non-entitlement areas that received the commitment.] Community Development Loan Guarantee Amendments.—Section 108 of the Housing and Community Development Act of 1974(42 U.S.C.
5308) is amended— (1) in subsection (a) by inserting "States on behalf of non-entitlement communities," after "issued by such eligible public entities,";
(2) by striking subsection (k) and inserting the following:
"(k) The Secretary shall monitor the use by eligible public entities and states of commitment amounts authorized in appropriation
Acts for any fiscal year. If the Secretary finds that 50 percent of the annual commitment amount has been committed, the Secretary
may impose a limitation on the amount of guarantees any one entity may receive in any fiscal year of $35,000,000 for units
of general local government receiving grants under section 106(b) or states receiving grants under section 106(d) and $7,000,000
for units of general local government receiving grants under section 106(d); or request the enactment of legislation increasing
the annual commitment authority for guarantees under this section."; and
(3) by striking subsection (m) and inserting the following new subsection:
"(m) Distribution of funds to local governments in non-entitlement areas.—Any State receiving such a guarantee or commitment
on behalf of non-entitlement areas shall distribute all funds that are subject to such guarantee to the units of general local
government in non-entitlement areas that received the commitment.".
[SEC. 218. Public housing agencies that own and operate 400 or fewer public housing units may elect to be exempt from any asset management
requirement imposed by the Secretary of Housing and Urban Development in connection with the operating fund rule: Provided, That an agency seeking a discontinuance of a reduction of subsidy under the operating fund formula shall not be exempt from
asset management requirements.][SEC. 219. With respect to the use of amounts provided in this Act and in future Acts for the operation, capital improvement and management
of public housing as authorized by sections 9(d) and 9(e) of the United States Housing Act of 1937 (42 U.S.C. 1437g(d) and
(e)), the Secretary shall not impose any requirement or guideline relating to asset management that restricts or limits in
any way the use of capital funds for central office costs pursuant to section 9(g)(1) or 9(g)(2) of the United States Housing
Act of 1937 (42 U.S.C. 1437g(g)(1), (2)): Provided, That a public housing agency may not use capital funds authorized under section 9(d) for activities that are eligible under
section 9(e) for assistance with amounts from the operating fund in excess of the amounts permitted under section 9(g)(1)
or 9(g)(2).]SEC. [220]212. No official or employee of the Department of Housing and Urban Development shall be designated as an allotment holder unless
the Office of the Chief Financial Officer has determined that such allotment holder has implemented an adequate system of
funds control and has received training in funds control procedures and directives. The Chief Financial Officer shall ensure
that there is a trained allotment holder for each HUD sub-office under the accounts "Executive Offices" and "Administrative
Support Offices", as well as each account receiving appropriations for "Program Office Salaries and Expenses" [, "Government National Mortgage Association—Guarantees of Mortgage-Backed Securities Loan Guarantee Program Account", and
"Office of Inspector General"] within the Department of Housing and Urban Development.[SEC. 221. The Secretary of Housing and Urban Development shall report annually to the House and Senate Committees on Appropriations
on the status of all section 8 project-based housing, including the number of all project-based units by region as well as
an analysis of all federally subsidized housing being refinanced under the Mark-to-Market program. The Secretary shall identify
all existing units maintained by region as section 8 project-based units, all project-based units that have opted out or have
otherwise been eliminated, and the reasons these units opted out or otherwise were lost as section 8 project-based units.]SEC. [222]213. The Secretary of the Department of Housing and Urban Development shall, for fiscal year [2015] 2016, notify the public through the Federal Register and other means, as determined appropriate, of the issuance of a notice of
the availability of assistance or notice of funding availability (NOFA) for any program or discretionary fund administered
by the Secretary that is to be competitively awarded. Notwithstanding any other provision of law, for fiscal year [2015] 2016, the Secretary may make the NOFA available only on the Internet at the appropriate Government Web site or through other electronic
media, as determined by the Secretary.[SEC. 223. Payment of attorney fees in program-related litigation must be paid from the individual program office and Office of General
Counsel personnel funding. The annual budget submissions for program offices and Office of General Counsel personnel funding
must include program-related litigation costs for attorney fees as a separate line item request.]SEC. [224]214. The Secretary of the Department of Housing and Urban Development is authorized to transfer up to [5] 10 percent or [$5,000,000] $10,000,000, whichever is less, of the funds appropriated for any [office funded under the heading "Administrative Support Offices" to any other office funded under such heading] account under the headings "Management and Administration", "Program Office Salaries and Expenses" or "Government National
Mortgage Association" to any other account funded under such headings: Provided, That no appropriation for any [office] account funded under [the heading "Administrative Support Offices"] such headings shall be increased or decreased by more than [5] 10 percent or [$5,000,000] $10,000,000, whichever is less, without prior written [approval of] notification to the House and Senate Committees on Appropriations [:Provided further, That the Secretary is authorized to transfer up to 5 percent or $5,000,000, whichever is less, of the funds appropriated
for any account funded under the general heading "Program Office Salaries and Expenses" to any other account funded under
such heading: Provided further, That no appropriation for any account funded under the general heading "Program Office Salaries and Expenses" shall be increased
or decreased by more than 5 percent or $5,000,000, whichever is less, without prior written approval of the House and Senate
Committees on Appropriations: Provided further, That the Secretary may transfer funds made available for salaries and expenses between any office funded under the heading
"Administrative Support Offices" and any account funded under the general heading "Program Office Salaries and Expenses",
but only with the prior written approval of the House and Senate Committees on Appropriations].SEC. [225]215. The Disaster Housing Assistance Programs, administered by the Department of Housing and Urban Development, shall be considered
a "program of the Department of Housing and Urban Development" under section 904 of the McKinney Act for the purpose of income
verifications and matching.SEC. [226]216. (a) The Secretary of Housing and Urban Development shall take the required actions under subsection (b) when a multifamily housing
project with a section 8 contract or contract for similar project-based assistance:
(1) receives a Real Estate Assessment Center (REAC) score of 30 or less; or
(2) receives a REAC score between 31 and 59 and:
(A) fails to certify in writing to HUD within 60 days that all deficiencies have been corrected; or
(B) receives consecutive scores of less than 60 on REAC inspections.
Such requirements shall apply to insured and noninsured projects with assistance attached to the units under section 8 of
the United States Housing Act of 1937 (42 U.S.C. 1437f), but do not apply to such units assisted under section 8(o)(13) (42
U.S.C. 1437f(o)(13)) or to public housing units assisted with capital or operating funds under section 9 of the United States
Housing Act of 1937 (42 U.S.C. 1437g).
(b) The Secretary shall take the following required actions as authorized under subsection (a)—
(1) The Secretary shall notify the owner and provide an opportunity for response within 30 days. If the violations remain, the
Secretary shall develop a Compliance, Disposition and Enforcement Plan within 60 days, with a specified timetable for correcting
all deficiencies. The Secretary shall provide notice of the Plan to the owner, tenants, the local government, any mortgagees,
and any contract administrator.
(2) At the end of the term of the Compliance, Disposition and Enforcement Plan, if the owner fails to fully comply with such plan,
the Secretary may require immediate replacement of project management with a management agent approved by the Secretary, and
shall take one or more of the following actions, and provide additional notice of those actions to the owner and the parties
specified above:
(A) impose civil money penalties;
(B) abate the section 8 contract, including partial abatement, as determined by the Secretary, until all deficiencies have been
corrected;
(C) pursue transfer of the project to an owner, approved by the Secretary under established procedures, which will be obligated
to promptly make all required repairs and to accept renewal of the assistance contract as long as such renewal is offered;
or
(D) seek judicial appointment of a receiver to manage the property and cure all project deficiencies or seek a judicial order
of specific performance requiring the owner to cure all project deficiencies.
(c) The Secretary shall also take appropriate steps to ensure that project-based contracts remain in effect, subject to the exercise
of contractual abatement remedies to assist relocation of tenants for imminent major threats to health and safety after written
notice to and informed consent of the affected tenants and use of other remedies set forth above. To the extent the Secretary
determines, in consultation with the tenants and the local government, that the property is not feasible for continued rental
assistance payments under such section 8 or other programs, based on consideration of (1) the costs of rehabilitating and
operating the property and all available Federal, State, and local resources, including rent adjustments under section 524
of the Multifamily Assisted Housing Reform and Affordability Act of 1997 ("MAHRAA") and (2) environmental conditions that
cannot be remedied in a cost-effective fashion, the Secretary may, in consultation with the tenants of that property, contract
for project-based rental assistance payments with an owner or owners of other existing housing properties, or provide other
rental assistance. The Secretary shall report semi-annually on all properties covered by this section that are assessed through
the Real Estate Assessment Center and have physical inspection scores of less than 30 or have consecutive physical inspection
scores of less than 60. The report shall include:
(1) The enforcement actions being taken to address such conditions, including imposition of civil money penalties and termination
of subsidies, and identify properties that have such conditions multiple times; and
(2) Actions that the Department of Housing and Urban Development is taking to protect tenants of such identified properties.
SEC. [227]217. [None of the funds made available by this Act, or any other Act, for purposes authorized under section 8 (only with respect
to the tenant-based rental assistance program) and section 9 of the United States Housing Act of 1937 (42 U.S.C. 1437 et seq.),
may be used by any public housing agency for any amount of salary, including bonuses, for the chief executive officer of which,
or any other official or employee of which, that exceeds the annual rate of basic pay payable for a position at level IV of
the Executive Schedule at any time during any public housing agency fiscal year 2015.] PHA Compensation.—Section 2(b) of the United States Housing Act of 1937 (42 U.S.C. 1437 (b)) is amended by adding the following
new paragraph at the end: "(4) Salary.—
"(A) General.—This paragraph establishes the maximum salary that a public housing agency may provide to its employees and
the maximum annual contract amounts that may be paid to its contract personnel using funds provided under this Act. A public
housing agency shall use the same salary structure as described in this paragraph and follow the requirements of uniform administrative
rules for Federal grants and cooperative agreements and principles and standards for determining costs for Federal awards
for all payments that it makes to its employees and for personnel hired as contractors when funds provided under this Act
are used for such payments.
"(B) Salary structure.—
"(i) The base salary of public housing agency employees and the contract amount paid to contracted personnel from funds provided
under this Act shall be based on the Federal General Schedule (GS) basic rate of pay, including locality adjustment, established
under sections 5303 and 5304 of title 5, United States Code as follows:
"(I) For public housing agencies with fewer than 250 total units (public housing and section 8 housing vouchers), the base
salary of a public housing agency employee or total annual payment to each contracted personnel shall not exceed the basic
rate of pay, including a locality adjustment, for GS-11, step 10;
"(II) For public housing agencies with 250 to 1249 total units (public housing and section 8 housing vouchers), the base salary
of a public housing employee or total annual payment to each contracted personnel shall not exceed the basic rate of pay,
including locality adjustment, for GS-13, step 10;
"(III) For public housing agencies with 1250 or more total units (public housing and section 8 housing vouchers), the base
salary of a public housing agency employee or total annual payment to each contracted personnel shall not exceed the basic
rate of pay, including locality adjustment, for GS-15, step 10.
"(ii) Any amount of salary paid to an employee or of total annual payment to each contracted personnel that exceeds the amount
provided under the structure of this paragraph must be from non-Federal non-Act sources.
"(iii) The salary structure provided in subparagraph (B)(i) shall be subject to any requirements that may be established for
the General Schedule by an appropriations Act or by Presidential executive order for any Federal fiscal year.
"(iv) A public housing agency must certify that it has established detailed performance measures that describe how public
housing agency employees or personnel hired as contractors may receive a salary or contract increase within the limits of
subparagraph (B)(i). The certification shall be transmitted to the Secretary in a format as determined by the Secretary.
"(C) Definitions.—For purposes of this section—
"(i) Employee includes any member of a public housing agency organization whose salary is paid in whole or in part from funds
provided under this Act, and regardless of whether such employee is full-time or part-time, temporary or permanent.
"(ii) Contracted personnel includes any member of a public housing agency organization whose position is procured under uniform
administrative rules for Federal grants and cooperative agreements and who is paid in whole or in part from funds provided
under this Act, and regardless of whether such individual is full-time or part-time, hourly, temporary or permanent. No such
position shall be for a period beyond 5 years without re-procurement.
"(iii) Salary includes the annual basic rate of pay, including a locality adjustment, as provided in sub-paragraph (B) and
any additional adjustments, such as may be provided for overtime or shift differentials, bonuses, or contract payments including
bonuses. Salary does not include fringe benefits as defined in principles and standards for determining costs for Federal
awards.".
SEC. [228]218. None of the funds in this Act may be available for the doctoral dissertation research grant program at the Department of Housing
and Urban Development.[SEC. 229. Section 24 of the United States Housing Act of 1937 (42 U.S.C. 1437v) is amended—
(1) in subsection (m)(1), by striking "fiscal year" and all that follows through the period at the end and inserting "fiscal year
2015."; and
(2) in subsection (o), by striking "September" and all that follows through the period at the end and inserting "September 30,
2015.".]
[SEC. 230. None of the funds in this Act provided to the Department of Housing and Urban Development may be used to make a grant award
unless the Secretary notifies the House and Senate Committees on Appropriations not less than 3 full business days before
any project, State, locality, housing authority, tribe, nonprofit organization, or other entity selected to receive a grant
award is announced by the Department or its offices.]SEC. [231]219. Of the amounts made available for salaries and expenses under all accounts under this title (except for the Office of Inspector
General account), a total of up to [$2,500,000] $15,000,000 may be transferred to and merged with amounts made available in the "Information Technology Fund" account under this title.[SEC. 232. Section 579 of the Multifamily Assisted Housing Reform and Affordability Act (MAHRA) of 1997 (42 U.S.C. 1437f note) is amended
by striking "October 1, 2015" each place it appears and inserting in lieu thereof "October 1, 2017".][SEC. 233. None of the funds made available by this Act may be used to require or enforce the Physical Needs Assessment (PNA).]SEC. [234]220. The language under the heading Rental Assistance Demonstration in the Department of Housing and Urban Development Appropriations
Act, 2012 (Public Law 112–55), is amended—
[(1) by striking "(except for funds allocated under such section for single room occupancy dwellings as authorized by title IV
of the McKinney-Vento Homeless Assistance Act)" in both places it appears;]
[(2) in the second proviso, by striking "2015" and inserting "2018";]
[(3) in the third proviso, after "associated with such conversion", by inserting "in excess of amounts made available under this
heading";]
[(4) in the fourth proviso, by striking "60,000" and inserting "185,000";]
[(5) in the penultimate proviso, by—
(A) striking "for fiscal years 2012 through December 31, 2014" ;
(B) striking "and agreement of the administering public housing agency"; and
(C) inserting "a long-term project-based subsidy contract under section 8 of the Act, which shall have a term of no less than
20 years, with rent adjustments only by an operating cost factor established by the Secretary, which shall be eligible for
renewal under section 524 of the Multifamily Assisted Housing Reform and Affordability Act of 1997 (42 U.S.C. 1437f note),
or, subject to agreement of the administering public housing agency, to assistance under" following "vouchers to assistance
under";]
[(6) by inserting the following provisos before the final proviso:" Provided further, That amounts made available under the heading "Rental Housing Assistance" during the period of conversion under the previous
proviso, which may extend beyond fiscal year 2016 as necessary to allow processing of all timely applications, shall be available
for project-based subsidy contracts entered into pursuant to the previous proviso: Provided further, That amounts, including contract authority, recaptured from contracts following a conversion under the previous two provisos
are hereby rescinded and an amount of additional new budget authority, equivalent to the amount rescinded is hereby appropriated,
to remain available until expended for such conversions: Provided further, That the Secretary may transfer amounts made available under the heading "Rental Housing Assistance", amounts made available
for tenant protection vouchers under the heading "Tenant-Based Rental Assistance" and specifically associated with any such
conversions, and amounts made available under the previous proviso as needed to the account under the "Project-Based Rental
Assistance" heading to facilitate conversion under the three previous provisos and any increase in cost for "Project-Based
Rental Assistance" associated with such conversion shall be equal to amounts so transferred:"; and]
[(7) in the final proviso, by—
(A) striking "with respect to the previous proviso" and inserting "with respect to the previous four provisos"; and
(B) striking "impact of the previous proviso" and inserting "impact of the fiscal year 2012 and 2013 conversion of tenant protection
vouchers to assistance under section 8(o)(13) of the Act".]
(1) by striking the fourth proviso;
(2) in the eighteenth proviso, by inserting "for fiscal years 2012 and hereafter," before "owners of properties assisted under";
and
(3) in the nineteenth proviso, by striking ", which may extend beyond fiscal year 2016 as necessary to allow processing of all
timely applications,".
[SEC. 235. None of the funds made available by this Act nor any receipts or amounts collected under any Federal Housing Administration
program may be used to implement the Homeowners Armed with Knowledge (HAWK) program.][SEC. 236. None of the funds made available in this Act shall be used by the Federal Housing Administration, the Government National
Mortgage Administration, or the Department of Housing and Urban Development to insure, securitize, or establish a Federal
guarantee of any mortgage or mortgage backed security that refinances or otherwise replaces a mortgage that has been subject
to eminent domain condemnation or seizure, by a state, municipality, or any other political subdivision of a state.][SEC. 237. All unobligated balances, including recaptures and carryover, remaining from funds appropriated to the Department of Housing
and Urban Development under the heading "Brownfields Redevelopment" are hereby permanently rescinded: Provided, That all unobligated balances, including recaptures and carryover, remaining from funds appropriated to the Department of
Housing and Urban Development under the heading "Drug Elimination Grants for Low Income Housing" are hereby permanently rescinded:
Provided further, That all unobligated balances, including recaptures and carryover, remaining from funds appropriated to the Department of
Housing and Urban Development for Youthbuild program activities authorized by subtitle D of title IV of the Cranston-Gonzalez
National Affordable Housing Act are hereby permanently rescinded.][SEC. 238. Clause (i) of section 3(a)(2)(B) of the United States Housing Act of 1937 (42 U.S.C. 1437a(a)(2)(B)(i)), as amended by section
210 of the Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2014 (division L of Public
Law 113–76; 128 Stat. 625), is amended—
(1) by striking "which shall not be lower" in the matter preceding subclause (I) and all that follows through the end of subclause
(I) and inserting the following: ''which—
(I) shall not be lower than 80 percent of—
(aa) he applicable fair market rental established under section 8(c) of this Act; or
(bb) at the discretion of the Secretary, such other applicable fair market rental established by the Secretary that the Secretary
determines more accurately reflects local market conditions and is based on an applicable market area that is geographically
smaller than the applicable market area used for purposes of the applicable fair market rental under section 8(c);
except that a public housing agency may apply to the Secretary for exception allowing for a flat rental amount for a property
that is lower than the amount otherwise determined pursuant to item (aa) or (bb) and the Secretary may grant such exception
if the Secretary determines that the fair market rental for the applicable market area pursuant to item (aa) or (bb) does
not reflect the market value of the property and the proposed lower flat rental amount is based on a market analysis of the
applicable market and complies with subclause (II) and";
(2) in subclause (II), by inserting "shall" before "be designed"; and
(3) in the matter after and below subclause (II), by striking "Public housing agencies must comply by June 1, 2014, with the requirement
of this clause, except that if" and inserting "If".]
[SEC. 239. None of the funds made available by this Act may be used to require the relocation, or to carry out any required relocation,
of any asset management positions of the Office of Multifamily Housing of the Department of Housing and Urban Development
in existence as of the date of the enactment of this Act.][SEC. 240. None of the funds made available by this Act may be used to terminate the status of a unit of general local government as
a metropolitan city (as defined in section 102 of the Housing and Community Development Act of 1974 (42 U.S.C. 5302)) with
respect to grants under section 106 of such Act (42 U.S.C. 5306).][SEC. 241. Section 184(h)(1)(B) of the Housing and Community Development Act of 1992 (12 U.S.C. 1715z-13a(h)(1)(B)) is amended by inserting
after the first sentence the following: "Exhausting all reasonable possibilities of collection by the holder of the guarantee
shall include a good faith consideration of loan modification as well as meeting standards for servicing loans in default,
as determined by the Secretary.".]SEC. 221. Exception to Affordable Housing Qualification for Multifamily Housing Securing Loans Made by Certain Entities. Section 542(b)(9)
of the Housing and Community Development Act of 1992 (12 U.S.C. 1715z-22(b)(9)) is amended at the end by inserting after the
period the following: "This requirement does not apply to housing securing loans made to increase the availability of capital
to small multifamily rental properties by entities approved by the Secretary as having demonstrated experience in making loans
for low and moderate income multifamily housing.". SEC. 222. Section 314 of the Department of Housing and Urban Development Appropriations Act, 2006, is repealed. SEC. 223. Section 9 of the United States Housing Act of 1937 (42 U.S.C. 1437g) is amended— (1) in subsection (d), by adding the following new paragraph at the end:
"(4) Replacement Reserve Account.—A public housing agency receiving funds under this subsection may set aside, pursuant to
requirements established by the Secretary, a portion of those funds for a replacement reserve account held by the Department
of Treasury.";
(2) in subsection (g), by—
(A) striking paragraph (1) and inserting the following new paragraph:
"(1) Flexibility of Capital and Operating Fund Amounts.—Of any amounts allocated for any fiscal year from the funds under
subsections (d) and (e) for any public housing agency that is not designated pursuant to section 6(j)(2) as a troubled public
housing agency and that, in the determination of the Secretary is operating and maintaining its public housing in a safe,
clean, and healthy condition, the public housing agency may use 30 percent of such amounts for any eligible activities under
subsections (d)(1) and (e)(1), regardless of the fund from which the amounts were allocated and provided."; and
(B) redesignating paragraph (3) as (4) and inserting the following new paragraph (3):
"(3) Use of operating reserves.—In addition to the amounts in paragraph (1), any public housing agency that is not designated
pursuant to section 6(j)(2) as a troubled public housing agency and that, in the determination of the Secretary, is operating
and maintaining its public housing in a safe, clean, and healthy condition, may use amounts set aside in operating reserve
accounts for purposes under subsection (d)."; and
(3) in subsection (j)(4), by adding at the end the following new subparagraph:
"(C) Capital replacement reserves.—Funds placed in a capital replacement reserve account pursuant to subsection (d)(4) shall
not be subject to the obligation and expenditure time limits in paragraphs (1) and (5).".
SEC. 224. Ginnie Mae Securitization — (a) Paragraph (8) of section 542(b) of the Housing and Community Development Act of 1992 (12 U.S.C. 1715z-22(b)) is amended in
its title by deleting "Prohibition on" and in its text by revising it to read as follows:
"The Government National Mortgage Association shall not securitize any multifamily loans insured or reinsured under this subsection,
except as provided herein. The Government National Mortgage Association may, at the discretion of the Secretary, securitize
any multifamily loan, provided that—
"(A) the Federal Housing Administration provides mortgage insurance based on the unpaid principal balance of the loan, as
shall be described in the Risk Share Agreement;
"(B) the Federal Housing Administration shall not require an assignment fee for mortgage insurance claims related to the securitized
mortgages; and
"(C) any successors and assigns of the risk share partner (including the holders of credit instruments issued under a trust
mortgage or deed of trust pursuant to which such holders act by and through a trustee therein named) shall not assume any
obligation under the risk-sharing agreement and may assign any defaulted loan to the Federal Housing Administration in exchange
for payment of the mortgage insurance claim.
The risk-sharing agreement must provide for reimbursement to the Secretary by the risk share partner(s) for either all or
a portion of the losses incurred on the loans insured."
(b) Paragraph (6) of section 542(c) of the Housing and Community Development Act of 1992 (12 U.S.C. 1715z-22(c)) is amended in
its title by deleting "Prohibition on" and in its text by revising it to read as follows:
"The Government National Mortgage Association may, at the discretion of the Secretary, securitize any multifamily loan insured
under this subsection, provided that—
"(A) the Federal Housing Administration provides mortgage insurance based on the unpaid principal balance of the loan, as
shall be described by regulation;
"(B) the Federal Housing Administration shall not require an assignment fee for mortgage insurance claims related to the securitized
mortgages; and
"(C) any successors and assigns of the risk share partner (including the holders of credit instruments issued under a trust
mortgage or deed of trust pursuant to which such holders act by and through a trustee therein named) shall not assume any
obligation under the risk-sharing agreement and may assign any defaulted loan to the Federal Housing Administration in exchange
for payment of the mortgage insurance claim. The risk-sharing agreement must provide for reimbursement to the Secretary by
the risk share partner(s) for either all or a portion of the losses incurred on the loans insured.".
(c) Clause (ii) of the first sentence of section 306(g)(1) of the National Housing Act (12 U.S.C. 1721(g)(1)) is amended by striking
the semi-colon and inserting a comma, and by inserting before the period at the end the following: ", or which are insured
under subsection (b) or (c) of section 542 of the Housing and Community Development Act of 1992 (12 U.S.C.1715z-22), subject
to the terms of paragraph (8) and (6), respectively, of such subsection".
SEC. 225. SHOP Amendments. — Section 11 of the Housing Opportunity Program Extension Act of 1996 (42 U.S.C. 12805 note) is amended— (1) in subsection (d)(2) by adding at the end the following new subparagraph:
(C) Planning, Administration, and management. Planning, administration, and management of grant programs and activities, provided
that such expenses do not exceed 20 percent of any grant made under this section.";
(2) in subsection (i)(5) by—
(A) striking "24" and inserting "36"; and
(B) striking "except that" and all that follows through "such grant amounts";
(3) in subsection (j) by—
(A) inserting after the heading "(1) Redistribution of funds.";
(B) striking "24" and inserting "36";
(C) striking "(or, in the case" and all that follows through "within 36 months)"; and
(D) adding at the end the following new paragraph:
"(2) Deadline for completion and conveyance. — The Secretary shall establish a deadline (which may be extended for good cause
as determined by the Secretary) by which time all units that have been assisted with grant funds under this section must be
completed and conveyed."; and
(4) by striking subsection (q).
SEC. 226. Fair Market Rents — Paragraph (1) of section 8(c) of the United States Housing Act of 1937 (42 U.S.C. 1437) is amended— (a) by inserting "(A)" after the paragraph designation;
(b) by striking the fourth, seventh, eighth, and ninth sentences; and
(c) by adding at the end the following:
"(B) Publication of Fair Market Rentals.— Not less than annually:
"(1) The Secretary shall publish a notice in the Federal Register that proposed fair market rentals for an area have been
published on the site of the Department on the Internet and in any other manner specified by the Secretary. Such notice shall
describe proposed material changes in the methodology for estimating fair market rentals and shall provide reasonable time
for public comment.
"(2) The Secretary shall publish a notice in the Federal Register that final fair market rentals have been published on the
site of the Department on the internet and in any other manner specified by the Secretary. Such notice shall include the final
decisions regarding proposed substantial methodological changes for estimating fair market rentals and responses to public
comments."
SEC. 227. Housing counseling amendments.— (a) Section 106 of the Housing and Urban Development Act of 1968 (12 U.S.C. 1701x) is amended—
(1) by adding at the end the following new subsection: "(j) Financial assistance. For purposes of this section, the Secretary
may enter into multiyear agreements as is appropriate, subject to the availability of annual appropriations.";
(2) in subsection (e)(2) by adding at the end of paragraph (2) the following sentence: "These standards may provide that an individual
may also show competence to provide counseling by having successfully completed training in each of the six areas."; and
(3) in subsection (f)—
(A) in paragraph (1), by inserting "or entities" after "(which may be a nonprofit organization)"; and
(B) in paragraphs (3) through (6), by inserting "or entities" after the word "entity" each place such word appears.
(b) Section 4(g)(3)(A) of the Department of Housing and Urban Development Act (42 U.S.C. 3533(g)(3)(A)) is amended by—
(1) in clause (i), striking "and";
(2) in clause (ii), striking the period at the end and inserting "; and"; and
(3) adding at the end the following clause: "(iii) to accept and retain, on behalf of the Secretary, and subject to procedures
established by the Secretary, funds from private entities, including mortgage lenders and servicers, and any funds made available
to the Director pursuant to the settlement of any legal proceedings, to be distributed and used for housing counseling activities
under section 106 of the Housing and Urban Development Act of 1968."
SEC. 228. (a) Subsection (b) of section 225 of the Cranston-Gonzalez National Affordable Housing Act (42 U.S.C. 12755) is amended by adding
at the end the following new sentence: "Such 30-day waiting period is not required if the grounds for the termination or refusal
to renew involve a direct threat to the safety of the tenants or employees of the housing, or an imminent and serious threat
to the property (and the termination or refusal to renew is in accordance with the requirements of State or local law).".
(b) Section 231 of the Cranston-Gonzalez National Affordable Housing Act (42 U.S.C. 12771) is amended—
(1) in subsection (b) by striking "make such funds available by direct reallocation" and all that follows through "were recaptured"
and inserting "reallocate the funds by formula in accordance with section 217(d) of this Act (42 U.S.C. 12747(d))"; and
(2) by striking subsection (c).
(c) Section 104(6) of the Cranston-Gonzalez National Affordable Housing Act (42 U.S.C. 12704) is amended by adding at the end
of the undesignated matter after subparagraph (D) the following sentence: "In the case of an organization funded by the State
under title II of this Act, the organization may serve all counties within the State."
(d) Section 216 of the Cranston-Gonzalez National Affordable Housing Act (42 U.S.C. 12746) is amended—
(1) in paragraph (3) by striking "Except as provided in paragraph (10), a" and inserting "A";
(2) in paragraph (8) by striking "subsequent" and inserting "five";
(3) by amending paragraph (9) to read as follows:
"(9)Revocation.— "(A) The Secretary may revoke the designation of a jurisdiction as a participating jurisdiction if the Secretary
finds, after reasonable notice and opportunity for hearing, that the jurisdiction is unwilling or unable to carry out the
provisions of this title. Any remaining line of credit in the HOME Investment Trust Fund established for the jurisdiction
under section 218 shall be reallocated in accordance with paragraph (6) of this section.
"(B) The Secretary shall revoke the designation of a jurisdiction as a participating jurisdiction if the allocation for the
jurisdiction falls below $500,000 for 3 years during the period in paragraph (8)."; and
(4) by striking paragraph (10).
(e) Section 217(b) of the Cranston-Gonzalez National Affordable Housing Act (42 U.S.C. 12747(b)) is amended—
(1) in paragraph (3) by striking ", except as provided in paragraph (4)"; and
(2) by striking paragraph (4)
SEC. 229. Subsection 3(b) of the United States Housing Act of 1937 (42 U.S.C. 1437a(b)) is amended by revising subparagraph (ii) of
paragraph (5)(A) to read as follows: "(ii) Health and medical expenses.—The amount, if any, by which 10 percent of annual family income is exceeded by the sum
of—
(I) in the case of any elderly or disabled family, any unreimbursed health and medical care expenses; and
(II) any unreimbursed reasonable attendant care and auxiliary apparatus expenses for each handicapped member of the family
to the extent necessary to enable any member of such family to be employed."
SEC. 230. Multifamily performance-based energy conservation demonstration.— (a) Purpose.—The purpose of this demonstration is to authorize the Secretary of the Department of Housing and Urban Development
(hereinafter referred to as "the Secretary") to test a performance-based model program that facilitates financing of energy
and water conservation improvements in assisted multifamily housing with the intent of reducing the utility costs of such
housing.
(b) Program authority.—In accordance with the provisions of this section, the Secretary may execute performance-based agreements
in fiscal years 2016 through 2018 to provide energy and water conservation improvements for up to 20,000 units in eligible
multifamily properties. The Secretary may use funds made available under the heading "Project-Based Rental Assistance" for
such agreements in each fiscal year that such agreements are executed or in effect.
(c) Budget neutrality.— The demonstration shall be budget neutral, so that the utility costs subsidized by the Secretary and the
performance payments under the performance-based agreements for the participating properties are not more than the utility
costs subsidized by the Secretary would have been for such properties in the absence of this demonstration.
(d) Eligible Entities.—
(1) In general.—The Secretary may execute performance-based agreements under this section with entities that provide services
or that arrange for the provision of services and, upon receipt of payments under the agreement, disburse such payments in
accordance with the agreement.
(2) Selection of eligible entities.—The Secretary may select eligible entities by competition or a formula based on an eligibility
threshold.
(e) Terms of performance-based agreements.—A performance-based agreement under this section shall include—
(1) the period that the agreement will be in effect and during which payments may be made, which may be a term of up to 12 years;
(2) the performance measures that will serve as payment thresholds during the term of the agreement;
(3) an audit protocol for the properties covered by the agreement;
(4) a requirement that payments shall be contingent on realized cost savings associated with reduced utility consumption in the
participating properties; and
(5) such other requirements and terms as determined to be appropriate by the Secretary.
(f) Implementation.—This section shall be implemented in accordance with such procedures, terms, requirements, and conditions
as the Secretary shall, by notice, provide.
(g) Evaluation and Report.—The Secretary shall conduct an evaluation of the use of the authority under this section every 5 years
after the execution of the first agreement under this section and within 2 years of the expiration of the last agreement executed
under this section, and report such findings to Congress.
SEC. 231. LIHPRHA Flexibility. Section 219(a) of the Low Income Housing Preservation and Resident Homeownership Act of 1990 (12 U.S.C.
4109) is amended by— (a) striking "Agreements by the Secretary.—After" and inserting "Agreements by the Secretary.—"(1) After";
(b) redesignating paragraphs (1), (2), and (3) as subparagraphs (A), (B), and (C), respectively; and
(c) adding after the newly designated paragraph (1) the following new paragraph:
"(2) As determined by the Secretary of Housing and Urban Development and notwithstanding section 222(a)(2)(A) (12 U.S.C. 4112(a)(2)(A)),
at the request of any owner refinancing, or any qualified purchaser of eligible low-income housing that is subject to a use
agreement pursuant to such Acts, the Secretary may amend the use agreement or other governing documents for such housing in
order to terminate or modify any limitations on prepayments and periodic distributions of surplus cash generated by such housing
in accordance with section 220(d)(2)(E) (12 U.S.C. 4110(d)(2)(E)) to facilitate the preservation of the housing through acquisition
or refinancing as affordable housing, provided that the property is covered by a use agreement for 20 years beyond the date
of acquisition or refinancing, and that the owner or purchaser of such housing agrees to renew the existing project-based
Housing Assistance Payments contract pursuant to section 524 of the Multifamily Assisted Housing and Affordability Act of
1997, as amended (42 U.S.C. 1437f note) for a term to be determined by the Secretary.".
SEC. 232. Subsection (a) of section 1018 of the Housing and Community Development Act of 1992 (42 U.S.C. 4852d), is amended by adding
after paragraph 5 the following new paragraph: "(6) Authority of the Secretary.—
"(A) Investigations.—The Secretary is authorized to conduct such investigations as may be necessary to administer and carry
out his duties under this section. The Secretary is authorized to administer oaths and require by subpoena the production
of documents, and the attendance and testimony of witnesses as the Secretary deems advisable. Nothing contained in this subparagraph
shall prevent the Administrator of the Environmental Protection Agency from exercising authority under the Toxic Substances
Control Act or this Act.
"(B) Enforcement.—Any district court of the United States within the jurisdiction of which an inquiry is carried, on application
of the Attorney General, may, in the case of contumacy or refusal to obey a subpoena of the Secretary issued under this section,
issue an order requiring compliance therewith; and any failure to obey such order of the court may be punished by the court
as a contempt thereof.".
SEC. 233. Nonprofits administering rental assistance. Section 423(g) of the McKinney-Vento Homeless Assistance Act (42 U.S.C. 11383(g))
is amended by inserting "private nonprofit organization," after "unit of general local government,". SEC. 234. Section 184(b)(4) of the Housing and Community Development Act of 1992 (12 U.S.C. 1715z-13a(b)(4)) is amended by adding at
the end the following new subparagraphs: "(E) The Secretary may authorize qualifying lenders to participate in a direct guarantee process for approving loans. If the
Secretary determines that a mortgage insured through the direct guarantee process was not originated in accordance with the
requirements established by the Secretary, then the Secretary may require the lender approved under this subparagraph to indemnify
the Secretary for the loss, irrespective of whether the violation caused the mortgage default. If fraud or misrepresentation
was involved in the direct guarantee process, the Secretary shall require the lender approved under this subparagraph to indemnify
the Secretary for the loss regardless of when an insurance claim is paid.
"(F) Periodically, the Secretary may review the mortgagees originating or underwriting single family mortgages under this
section, as follows:
"(i) In conducting this review the Secretary shall compare that mortgagee with other mortgagees originating or underwriting
loan guarantees for Indian housing based on the rates of defaults and claims for insured single family mortgage loans originated
or underwritten by that mortgagee.
"(ii) The Secretary may also compare that mortgagee with such other mortgagees based on underwriting quality; geographic
area served; or any commonly used factors the Secretary deems necessary for comparing mortgage default risk, provided that
such comparison is of factors that the Secretary would expect to reduce the default risk of mortgages insured by the Secretary.
"(iii) In carrying out the periodic review of mortgagee performance, the Secretary shall implement such comparisons by regulation,
notice, or mortgagee letter.
"(iv) The Secretary may terminate the approval of a mortgagee to originate or underwrite loan guarantees for Indian Housing
if the Secretary determines that the mortgage loans originated or underwritten by the mortgagee present an unacceptable risk
to the Indian Housing Loan Guarantee fund based on a comparison of any of the factors set forth in this subparagraph or by
a determination that the mortgagee engaged in fraud or misrepresentation.".
SEC. 235. Section 184(l)(3) of the Housing and Community Development Act of 1992 (12 U.S.C. 1715z-13a(l)(3)) is amended to read as
follows:"(3) The term "Indian" has the same definition as in section 4(10) of the Native American Housing Assistance and Self-Determination
Act of 1996.". SEC. 236. Section 184(l)(8) of the Housing and Community Development Act of 1992 (12 U.S.C. 1715z-13a(l)(8)) is amended to read as
follows: "(8) Indian tribe.—
"(A) Indian tribe.—The term "Indian tribe" has the same definition as in section 4(13)(A) of the Native American Housing Assistance
and Self-Determination Act of 1996.
"(B) Federally recognized tribe.—The term "Federally recognized tribe" has the same definition as in section 4(13)(B) of the
Native American Housing Assistance and Self- Determination Act of 1996.
"(C) State-recognized tribe.— The term "State-recognized tribe" has the same definition as in section 4(13)(C)(i) of the Native
American Housing Assistance and Self- Determination Act of 1996.
"(D) Conditions.—Nothing in paragraph (C) shall be construed to confer upon a State-recognized tribe any rights, privileges,
responsibilities, or obligations otherwise accorded Indian tribes recognized by the United States for other purposes.".
SEC. 237. The fifth sentence in the second undesignated paragraph after section 221(f) of the National Housing Act (12 U.S.C. 1715l(f))
is amended by inserting "or subsection (d)(4)" after "subsection (d)(3)". SEC. 238. Section 221 of the National Housing Act (12 U.S.C. 1715l) is amended by striking subsection (g)(4). SEC. 239. Notwithstanding section 24(o) of the United States Housing Act of 1937 (42 U.S.C. 1437v(o)), amounts made available in prior
appropriations Acts under the heading "Revitalization of Severely Distressed Public Housing (HOPE VI)" or under the heading
"Choice Neighborhoods Initiative" may continue to be provided as assistance pursuant to such section. SEC. 240. Administrative support fee. Section 202 of the National Housing Act (12 U.S.C. 1708) is amended by adding the following new
subsection: "(i) Administration.—Notwithstanding any provision of law, and in addition to any other fees charged in connection with the
provision of insurance under this title, in each fiscal year the Secretary may charge and collect a fee not to exceed 4 basis
points of the original principal balance of mortgages originated by the mortgagee that were insured under this title during
the previous fiscal year. Such fee collected from each mortgagee shall be used as offsetting collections for part of the administrative
contract expenses funding, information technology expenses, and any necessary salaries and expenses funding provided under
the Mutual Mortgage Insurance Program Account under this title. The Secretary may establish the amount of such fee through
regulations, notice, Mortgagee Letter, or other administrative issuance.".
SEC. 241. Notwithstanding section 620(d)(2) of the National Manufactured Housing Construction and Safety Standards Act of 1974, as
amended (42 U.S.C. 5419(d)(2)), the Secretary may modify fees authorized under section 620 of such Act by notice published
in the Federal Register. SEC. 242. Moving to work expansion.—The Secretary of Housing and Urban Development may increase, pursuant to this section, the number
of Moving to Work agencies authorized under section 204, title II, of the Departments of Veterans Affairs and Housing and
Urban Development and Independent Agencies Appropriations Act, 1996 (Public Law 104–134; 110 Stat. 1321) by adding to the
program up to 15 public housing agencies, for a total of no more than 150,000 housing vouchers and public housing units, over
three years, in order to test innovative policy approaches to providing housing assistance, and to conduct rigorous evaluations
to determine the effectiveness of such initiatives. (1) In general.—Public housing agencies selected under this section, under criteria and program requirements established by Federal
Register notice subject to public comment—
(A) shall be high capacity public housing agencies, the definition of which shall include—
(I) a designation as a high performer under the public housing assessment system and the section 8 management assessment program,
as applicable; and
(II) a voucher utilization rate of at least 90 percent of voucher funds, as defined by the Secretary, for the duration of participation
in the program;
(B) may include a consortia of public housing agencies of an appropriate size, as determined by the Secretary;
(C) shall
represent, to the extent feasible based on eligible applications, a diverse range of public housing agencies in terms of geography
and size to allow innovative policies to be tested in different contexts; and
(D) shall not receive more funding under sections 8 or 9 of the United States Housing Act of 1937 ("the Act") (42 U.S.C. 1437f
and 1437g) than they otherwise would have received absent this designation.
(2) Applicability of the United States Housing Act of 1937.—For purposes of this expansion, in addition to the provisions of
the Act retained in section 204, the following provisions of the Act shall continue to apply:
(A) the 20 percent portfolio cap on the use of voucher funds for project-based vouchers under section 8(o)(13)(B) of the Act (42
U.S.C. 1437f(o)(13)(B)), unless the use of voucher funds for project-based vouchers above the 20 percent cap, but not to exceed
35 percent, meets one of the following criteria:
(I) the project-based vouchers serve homeless or other special needs families, as defined by the Secretary;
(II) the project-based vouchers are used in a low-poverty area, as defined by the Secretary; or
(III) the project-based vouchers are used in connection with a demonstration of a project-based program that is subject to evaluation
by the Secretary;
(B) the ability of families with project-based vouchers to move, using tenant-based vouchers, after 12 months of occupancy under
section 8(o)(13)(E) of the Act, unless the Secretary determines that waiver of this section is necessary to implement transitional
or time-limited housing policies subject to evaluation by the Secretary;
(C) the portability of vouchers for families under section 8(r)(1) of the Act unless the Secretary determines that waiver of this
section is necessary to implement comprehensive rent reform and occupancy policies subject to evaluation by the Secretary,
and the waiver contains, at a minimum, exceptions for requests to port due to employment, education, health and safety; and
(D) the following sections of the Act:
(I) section 2(b) (42 U.S.C. 1437(b)) relating to tenant representatives on the public housing agency board of directors;
(II) section 3(b)(2) (42 U.S.C. 1437a(b)(2)) relating to definitions for the terms 'low-income families,' 'very low-income families,'
and 'extremely low-income families';
(III) section 5A(e) (42 U.S.C. 1437c-1(e)) relating to the formation of and consultation with a resident advisory board;
(IV) sections 6(f)(1) and 8(o)(8)(B) (42 U.S.C. 1437d(f)(1), 1437f(o)(8)(B)), relating to compliance of units assisted with housing
quality standards or other codes;
(V) section 6(k) (42 U.S.C. 1437d(k)) relating to grievance procedures for public housing tenants;
(VI) section 7 (42 U.S.C. 1437e) relating to designation of housing for elderly and disabled households); and
(VII) sections 8(ee) and 6(u) (42 U.S.C. 1437f(ee), 1437d(n)) relating to records, certification and confidentiality regarding domestic
violence; and
(E) the following requirements applicable to resident councils and jurisdiction-wide resident organizations:
(I) establishment of resident councils and resident organizations under section 20 of the Act;
(II) minimum amount of public housing agency support for such councils and organizations under Section 20 of the Act; and
(III) involvement of such councils and organizations in public housing agency operations, as authorized under sections 3(c)(2),
6(c)(5)(C), and 9(e) of the Act (42 U.S.C. 1437a(c)(2), 1437d(c)(5)(C), 1437g(e)).
(3) Resident Involvement.—The initial application and annual plan submitted by the public housing agencies under this expansion
shall be submitted to the Secretary only after—
(A) being made available for public comment for at least 30 days;
(B) providing for citizen participation, including at least one documented public hearing; and
(C) the Board of Commissioners, or Board of Directors, has approved the application or plan no less than 15 days after the public
hearing in order to carefully consider the public comments.
(4) Evaluation.— Participating public housing agencies shall comply with all reporting and evaluation requirements, as established
by the Secretary.
SEC. 243. Section 3(a) of the United States Housing Act of 1937 (42 U.S.C. 1437a(a)) is amended by adding at the end the following
new paragraph: "(6) Reviews of family income.—
"(A) Frequency.—Reviews of family income for purposes of this section shall be made—
"(i) in the case of all families, upon the initial provision of housing assistance for the family; and
"(ii) no less than annually thereafter, except as provided in subparagraph (B)(i);
"(B) Fixed-income families.—
"(i) Self certification and 3-year review.—In the case of any family described in clause (ii), after the initial review of
the family's income pursuant to subparagraph (A)(i), the public housing agency or owner shall not be required to conduct a
review of the family's income pursuant to subparagraph (A)(ii) for any year for which such family certifies, in accordance
with such requirements as the Secretary shall establish, that the income of the family meets the requirements of clause (ii)
of this subparagraph and that the sources of such income have not changed since the previous year, except that the public
housing agency or owner shall conduct a review of each such family's income not less than once every 3 years.
"(ii) Eligible families.—A family described in this clause is a family who has an income, as of the most recent review pursuant
to subparagraph (A) or clause (i) of this subparagraph, of which 90 percent or more consists of fixed income, as such term
is defined in clause (iii).
"(iii) Fixed income.—For purposes of this subparagraph, the term 'fixed income' includes income from—
"(I) the supplemental security income program under title XVI of the Social Security Act, including supplementary payments
pursuant to an agreement for Federal administration under section 1616(a) of the Social Security Act and payments pursuant
to an agreement entered into under section 212(b) of Public Law 93–66;
"(II) Social Security payments;
"(III) Federal, State, local and private pension plans; and
"(IV) other periodic payments received from annuities, insurance policies, retirement funds, disability or death benefits,
and other similar types of periodic receipts that are of substantially the same amounts from year to year.
"(C) Inflationary adjustment for fixed income families.—
"(i) In general.—In any year in which a public housing agency or owner does not conduct a review of income for any family
described in clause (ii) of subparagraph (B) pursuant to the authority under clause (i) of such paragraph to waive such a
review, such family's prior year's income determination shall, subject to clauses (ii) and (iii), be adjusted by applying
an inflationary factor as the Secretary shall, by regulation or notice, establish.
"(ii) Exemption from adjustment.—A public housing agency or owner may exempt from an adjustment pursuant to clause (i) any
income source for which income does not increase from year to year.".
SEC. 244. Utilities Conservation Pilot. (a) Establishment.—The Secretary of Housing and Urban Development may establish, through notice, a demonstration program to incent
public housing agencies, as defined in section 3(b)(6) of the United States Housing Act of 1937 (in this section referred
to as "the Act"), to implement measures to reduce their energy and water consumption.
(b) Eligibility.—Public housing agencies that operate public housing programs that meet the demonstration requirements, as determined
by the Secretary, shall be eligible for participation in the demonstration.
(c) Incentive.—The Secretary may provide an incentive as follows to an eligible public housing agency that uses capital funds,
operating funds, grants, utility rebates, and other resources to reduce its energy and/or water consumption in accordance
with a plan approved by the Secretary.
(1) Base Utility Consumption Level.—The initial base utility consumption level under the approved plan shall be set at the public
housing agency's rolling base consumption level immediately prior to the installation of energy conservation measures.
(2) First Year Utility Cost Savings.—For the first year that an approved plan is in effect, the Secretary shall allocate the
utility consumption level in the public housing operating fund using the base utility consumption level.
(3) Subsequent Year Savings.—For each subsequent year that the plan is in effect, the Secretary shall decrease the utility consumption
level by one percent of the initial base utility consumption level per year until the utility consumption level equals the
public housing agency's actual consumption level that followed the installation of energy conservation measures, at which
time the plan will terminate.
(4) Use of Utility Cost Savings.—The public housing agency may use the funds resulting from the energy conservation measures,
in accordance with paragraphs (2) and (3), for either operating expenses, as defined by section 9(e)(1) of the Act, or capital
improvements, as defined by section 9(d)(1) of the Act.
(5) Duration of Plan.—The length in years of the utility conservation plan shall not exceed the number of percentage points in
utility consumption reduction a public housing agency achieves through the energy conservation measures implemented under
this demonstration, but in no case shall it exceed 20 years.
(6) Other Requirements.—The Secretary may establish such other requirements as necessary to further the purposes of this demonstration.
(7) Evaluation.—Each public housing agency participating in the demonstration shall submit to the Secretary such performance
and evaluation reports concerning the reduction in energy consumption and compliance with the requirements of this section
as the Secretary may require.
(d) Termination.—Public housing agencies may enter into this demonstration for 5 years after the date on which the demonstration
program is commenced.
SEC. 245. Section 242(i) of the National Housing Act (12 U.S.C. 1715z-7(i)(1)) is amended by striking "(i) Termination of exemption
for critical access hospitals" and all that follows through "(2)" and redesignating paragraphs (2)(A) and (B) as paragraphs
(1) and (2), respectively. SEC. 246. Title V of the National Housing Act is amended by striking section 521 (12 U.S.C. 1735e). SEC. 247. Temporary authority to transfer housing under supportive housing for persons with disabilities.— (a) Authority.—Subject to the conditions in subsection (d), the Secretary of Housing and Urban Development (hereafter referred
to as "Secretary") may authorize, in response to requests received in fiscal years 2016 through 2020, the transfer of some
or all project-based assistance, tenant-based assistance, capital advances, debt, and statutorily required use restrictions
from housing assisted under section 811 of the Cranston-Gonzalez National Affordable Housing Act (42 U.S.C. 8013) to other
new or existing housing, which may include projects, units, and other types of housing, as permitted by the Secretary.
(b) Capital advances.—Interest shall not be due and repayment of a capital advance shall not be triggered by a transfer pursuant
to this section.
(c) Phased and proportional transfers.—
(1) Transfers under this section may be done in phases to accommodate the financing and other requirements related to rehabilitating
or constructing the housing to which the assistance is transferred, to ensure that such housing meets the conditions under
subsection (d).
(2) The capital advance repayment requirements, use restrictions, rental assistance, and debt shall transfer proportionally from
the transferring housing to the receiving housing.
(d) Conditions.—The transfers authorized by this section shall be subject to the following conditions:
(1) the owner of the transferring housing shall demonstrate that the transfer is in compliance with applicable Federal, State,
and local requirements regarding housing for persons with disabilities and shall provide the Secretary with evidence of obtaining
any approvals related to housing disabled persons that are necessary under Federal, State, and local government requirements;
(2) the owner of the transferring housing shall demonstrate to the Secretary that any transfer is in the best interest of the
disabled residents by offering opportunities for increased integration or less concentration of individuals with disabilities;
(3) the owner of the transferring housing shall continue to provide the same number of units as approved for rental assistance
by the Secretary in the receiving housing;
(4) the owner of the transferring housing shall consult with the disabled residents in the transferring housing about any proposed
transfer under this section and shall notify the residents of the transferring housing who are eligible for assistance to
be provided in the receiving housing that they shall not be required to vacate the transferring housing until the receiving
housing is available for occupancy;
(5) the receiving housing shall meet or exceed applicable physical standards established or adopted by the Secretary; and
(6) if the receiving housing has a mortgage insured under title II of the National Housing Act, any lien on the receiving housing
resulting from additional financing shall be subordinate to any federally insured mortgage lien transferred to, or placed
on, such housing, except that the Secretary may waive this requirement upon determination that such a waiver is necessary
to facilitate the financing of acquisition, construction, or rehabilitation of the receiving housing.
(e) Public notice.—The Secretary shall publish a notice in the Federal Register of the terms and conditions, including criteria
for HUD approval of transfers pursuant to this section no later than 30 days before the effective date of such notice.
SEC. 248. Authorization to participate in the origination of FHA-insured loans. Section 203(b) of the National Housing Act (12 U.S.C.
1709(b)) is amended by striking paragraph (1) and inserting the following new paragraph: "(1) Have been made to a mortgagee approved by the Secretary or to a person or entity authorized by the Secretary under section
203(d)(1) to participate in the origination of the mortgage, and be held by a mortgagee approved by the Secretary as responsible
and able to service the mortgage properly.".
SEC. 249. Review of mortgagee performance.— Section 533 of the National Housing Act (12 U.S.C. 1735f-11) is amended— (1) by amending subsection (a) to read as follows:
"(a) Periodic review of mortgagee performance.—To reduce losses in connection with single family mortgage insurance programs
under this Act, at least once a year the Secretary shall review the performance of insured single family mortgages originated,
underwritten or serviced by each mortgagee.";
(2) by amending subsection (b) to read as follows:
"(b) Comparison with other mortgagees.—In conducting the review required under subsection (a), for each mortgagee the Secretary
may compare the performance of insured single family mortgage loans originated, underwritten, or serviced by the mortgagee
or its sub-servicer with the performance of other mortgagees originating, underwriting, or servicing insured single family
mortgage loans. The Secretary may make this comparison on any basis the Secretary determines appropriate, such as geographic
area, varying underwriting and servicing standards, or populations served. The Secretary may implement such comparison through
regulations, notice, Mortgagee Letter, or other administrative issuance.";
(3) in subsection (c)—
(A) by amending the title to by inserting "and servicer" following "origination";
(B) by striking paragraph (1) and inserting the following:
"(1) Termination Authority.—Notwithstanding section 202(c), the Secretary may terminate the approval in whole or in part of
a mortgagee to originate, underwrite, or service single family mortgages if the Secretary determines that the mortgage loans
originated, underwritten, or serviced by the mortgagee present an unacceptable risk to the insurance funds. The determination
shall be based on the comparison required under subsection (b) of this section and shall be made in accordance with regulations,
notice, Mortgagee Letter, or other administrative issuance of the Secretary."; and
(C) in paragraph (2)—
(i) by inserting
"Procedure.—" prior to "The Secretary shall give"; and
(ii) in the fourth sentence, by striking "excessive default and claim rate" and inserting "unacceptable performance".
SEC. 250. Indemnification by mortgagees (a) Section 202 of the National Housing Act (12 U.S.C. 1708) is amended by adding at the end the following new clause:
"(i) Indemnification by Mortgagees.—
"(1) In general.—If the Secretary determines that a mortgage executed by a mortgagee approved by the Secretary under the direct
endorsement program or insured by a mortgagee pursuant to the delegation of authority under section 256 was not originated
or underwritten in accordance with the requirements established by the Secretary, and the Secretary pays an insurance claim
with respect to the mortgage within a reasonable period specified by the Secretary, the Secretary may require the mortgagee
approved by the Secretary under the direct endorsement program or the mortgagee delegated authority under section 256 to indemnify
the Secretary for the loss.
"(2) Fraud or misrepresentation.—If fraud or misrepresentation was involved in connection with the origination or underwriting,
the Secretary may require the mortgagee approved by the Secretary under the direct endorsement program or the mortgagee delegated
authority under section 256 to indemnify the Secretary for the loss regardless of when an insurance claim is paid.
"(3) Requirements and procedures.—The Secretary shall issue regulations establishing appropriate requirements and procedures
governing the indemnification of the Secretary by the mortgagee.";
(b) Section 256 of the National Housing Act (12 U.S.C. 1715z-21) is amended—
(1) by striking subsection (c);
(2) in subsection (e), by striking ", including'' and all that follows through "by the mortgagee''; and
(3) by redesignating subsections (d) and (e) as subsections (c) and (d), respectively.
SEC. 251. Statistical methodology. Section 202 of the National Housing Act (12 U.S.C. 1708) is amended by adding the following new
subsection: "(j) Statistical methodology.—In order to further reduce risk to the single family mortgage insurance programs under Title
I and Title II of this Act due to originating, underwriting, and compliance risk, the Secretary may, through regulation, establish
a statistically valid sampling method to extrapolate defect rates in loans insured under this Act."
SEC. 252. Short sales for FHA-insured Mortgages. Section 204(a)(1) of the National Housing Act (12 U.S.C. 1710(a)(1)) is amended— (1) in subparagraph (C) by striking "at foreclosure"; and
(2) in subparagraph (D) by inserting "or imminent default" after the word "default".
SEC. 253. Use of government-financed downpayment assistance. Section 203(b)(9)(C) of the National Housing Act (12 U.S.C. 1709) is amended to read as follows:
"(C) Prohibited sources.—Except as provided in subparagraph (D), in no case shall the funds required by subparagraph (A) consist,
in whole or in part, of funds provided by any of the following parties before, during, or after closing of the property sale:
"(i) The seller or any other person or entity that financially benefits from the transaction.
"(ii) Any third party or entity that is reimbursed, directly or indirectly, by any of the parties described in clause (i).
"(D) Government assistance.—For purposes of this paragraph, the Secretary may consider as cash or its equivalent any amounts
borrowed from or provided by any entity authorized to provide secondary financing under section 528 of this Act, under such
terms and conditions as may be prescribed by the Secretary, through notice, mortgagee letter, or rule.
"This subparagraph shall apply only to mortgages for which the mortgagee has issued credit approval for the borrower on or
after October 1, 2008.".
SEC. 254. Transfer of mortgage servicing duties (a) In General.—Title II of the National Housing Act (12 U.S.C. 1707 et seq.) is amended by adding at the end the following new
section:
"SEC. 259. Delegation of mortgage servicing duties.
"(a) In general.—For any mortgage or pool of mortgages insured under this title and in accordance with any published terms
and conditions of the Secretary, the Secretary may require the servicer of any such mortgage or group of mortgages to enter
into a subservicing arrangement with any independent specialty servicer approved by the Secretary.
"(b) Delegation requirements.—Prior to mandating any subservicing arrangement under this section, the Secretary (a) shall—
"(1) set forth with clarity the performance conditions of a servicer that would warrant or necessitate the use of the authority
granted to the Secretary under this section;
"(2) require that the performance condition warranting or necessitating the use of such authority be based on serious or material
failures to comply with requirements of the Secretary;
"(3) require that any servicer whose servicing duties are subject to this section be provided a reasonable amount of time,
provided that such time does not present an increase in risk to the Mutual Mortgage Insurance Fund, to rebut, address, or
correct any determination of the Secretary regarding a performance condition described under paragraph (1);
"(4) only permit the Secretary to carry out the authority granted under this section upon expiration of the time-period allowed
under paragraph (3);
"(5) limit the scope of the authority exercised under this subsection to mortgages that share similar underwriting, borrower,
or performance characteristics as established by the Secretary;
"(6) ensure that the scope of any such authority is not applied broadly and without further limitation; and
"(c) Nothing in this subsection may be construed to limit the exercise of authority by the Secretary or the Mortgagee Review
Board for violations of any requirement of the Secretary.".
(b) Applicability.—The amendment made by this section shall only apply to mortgages insured under title II of the National Housing
Act (12 U.S.C. 1707 et seq.) that were originated on or after the date of enactment of this Act.
SEC. 255. Section 255 of the National Housing Act (12 U.S.C. 1715z-20) is amended— (a) in subsection (b)(1) by inserting before the period ", except that the term mortgagor shall not include the successors and
assigns of the original borrower under a mortgage"; and
(b) in subsection (j) by amending that subsection to read as follows:
"(j) Safeguard to prevent displacement of homeowner.—In order for a mortgage to be eligible for insurance under this section,
the mortgage shall provide that the obligation of the homeowner to satisfy the loan obligation is deferred until the death
of the homeowner, the sale of the home, or the occurrence of other events specified in regulations of the Secretary. The Secretary
may, within his sole discretion, provide for further deferrals. Section 1647(b) of title 15 and any implementing regulations
issued by the Board of Governors of the Federal Reserve System shall not apply to a mortgage insured under this section.".
SEC. 256. Increase in set-aside of CDBG assistance for United States-Mexico Border region.— Section 916(a)(2) of the Cranston-Gonzalez
National Affordable Housing Act (42 U.S.C. 5306 note) is amended by striking "10" and inserting "15". SEC. 257. Use of unutilized or underutilized public buildings and real properties to assist the homeless. Section 501 of the McKinney-Vento
Homeless Assistance Act (42 U.S.C. 11411) is amended— (1) in subsection (a), by adding at the end the following new sentence: "Agencies shall not be required to submit information
to the Secretary regarding properties located in an area for which the general public is denied access in the interest of
national security or any buildings or structures that are excess or surplus or that are described as underutilized or unutilized,
that are on land owned by a landholding agency where the underlying land is not excess, surplus, or that is described as underutilized
or unutilized.";
(2) in subsection (c)(1)(A), by adding the following after "in the Federal Register": ", in a searchable database on the Web
site of the appropriate Government agency, or through other electronic means, as determined by the Secretary"; and
(3) in subsection (d)(3), by adding at the end the following new sentence: "If no such review of the determination is requested
within the 20-day period, such property will not be included in subsequent publications unless the landholding agency makes
modifications to the property that would affect its suitability and the Secretary subsequently determines the property is
suitable.".
SEC. 258. Section 24(m)(3) of the United States Housing Act of 1937 (42 U.S.C. 1437v(m)(3)) is amended by striking "shall" and inserting
"may". SEC. 259. Evaluation Funding Flexibility Pilot. Amounts made available under this Act which are either appropriated, allocated, advanced on a reimbursable basis, or transferred
to the Office of Policy Development and Research in the Department of Housing and Urban Development and functions thereof,
for research, evaluation, or statistical purposes, and which are unexpended at the time of completion of a contract, grant,
or cooperative agreement, may be deobligated and shall immediately become available and may be reobligated in that fiscal
year or the subsequent fiscal year for the research, evaluation, or statistical purposes for which the amounts are made available
to that Office.
(Department of Housing and Urban Development Appropriations Act, 2015.)