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    [Appendix]
    [Detailed Budget Estimates by Agency]
    [Department of Housing and Urban Development]
    [From the U.S. Government Publishing 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

             Tenant-based rental assistanceFor 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, $15,317,900,000, to remain available until September 30, 2020, shall be available on October 1, 2017 (in addition to the $4,000,000,000 previously appropriated under this heading that shall be available on October 1, 2017), and $4,000,000,000, to remain available until September 30, 2021, shall be available on October 1, 2018: Provided, That the amounts made available under this heading are provided as follows:
          (1) $17,583,826,000 shall be available for renewals of expiring section 8 tenant-based annual contributions contracts (including renewals of
                enhanced vouchers under any provision of law authorizing such assistance under section 8(t) of the Act) and including renewal
                of other special purpose incremental vouchers: Provided, That notwithstanding any other provision of law, from amounts provided under this paragraph and any carryover, the Secretary
                for the calendar year 2018 funding cycle shall provide renewal funding for each public housing agency based on validated voucher management system (VMS)
                leasing and cost data for the prior calendar year and by applying an inflation factor as established by the Secretary, by
                notice published in the Federal Register, and by making any necessary adjustments for the costs associated with the first-time
                renewal of vouchers under this paragraph including tenant protection,  and Choice Neighborhoods vouchers:  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, 2018: Provided further, That the Secretary may extend the notification period with notification to the House and Senate Committees on Appropriations: Provided further, That public housing agencies participating in the MTW demonstration shall be funded pursuant to their MTW agreements and
                in accordance with the requirements of the MTW program 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 2018 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 2017 that is verifiable and complete), as determined by the Secretary: Provided further, That public housing agencies participating in the MTW demonstration shall also be subject to the offset, as determined by
                the Secretary from the agencies' calendar year 2018 MTW funding allocation: Provided further, That the Secretary shall use any offset referred to in the previous two provisos throughout the calendar year to prevent
                the termination of rental assistance for families as the result of insufficient funding, as determined by the Secretary, and
                to avoid or reduce the proration of renewal funding allocations: Provided further, That up to $75,000,000 shall be available only: (1) for adjustments in the allocations for public housing agencies, after
                application for an adjustment by a public housing agency that experienced a significant increase, as determined by the Secretary,
                in renewal costs of vouchers resulting from unforeseen circumstances or from portability under section 8(r) of the Act; (2)
                for vouchers that were not in use during the previous 12-month period in order to be available to meet a commitment pursuant
                to section 8(o)(13) of the Act; (3) for adjustments for costs associated with HUD-Veterans Affairs Supportive Housing (HUD-VASH)
                vouchers; and (4) for public housing agencies that despite taking reasonable cost savings measures, as determined by the Secretary,
                would otherwise be required to terminate rental assistance for families as a result of insufficient funding: Provided further, That the Secretary shall allocate amounts under the previous proviso based on need, as determined by the Secretary;
          (2) $60,000,000 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 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;
          (3) $1,550,000,000 shall be for administrative and other expenses of public housing agencies in administering the section 8 tenant-based rental
                assistance program, of which up to $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 $1,540,000 of the amount provided in this paragraph shall be allocated to public housing agencies for the calendar year 2018 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 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 in accordance with the requirements of the MTW program, 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) $107,074,000 for the renewal of tenant-based assistance contracts under section 811 of the Cranston-Gonzalez National
                Affordable Housing Act (42 U.S.C. 8013), including necessary administrative expenses: Provided, That administrative and other expenses of public housing agencies in administering the special purpose vouchers in this
                paragraph shall be funded under the same terms and be subject to the same pro rata reduction as the percent decrease for administrative
                and other expenses to public housing agencies under paragraph (3) of this heading;
          (5) $7,000,000 shall be for renewal grants, including rental assistance and associated administrative fees for Tribal HUD-VA Supportive
                   Housing to serve Native American veterans that are homeless or at-risk of homelessness living on or near a reservation or
                   Indian areas: Provided, That such amount shall be made available for renewal grants to the recipients that received assistance
                   under the rental assistance and supportive housing demonstration program for Native American veterans authorized under the
                   heading "TENANT-BASED RENTAL ASSISTANCE" in title II of division K of the Consolidated and Further Continuing Appropriations
                   Act, 2015 (Public Law 113–235, 128 Stat, 2733): Provided further, That the Secretary shall be authorized to specify criteria
                   for renewal grants, including data on the utilization of assistance reported by grant recipients under the demonstration program:
                   Provided further, That renewal grants under this paragraph 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
                   assistance under this paragraph shall be modeled after, with necessary and appropriate adjustments for Native American grant
                   recipients and veterans, the rental assistance and supportive housing program known as HUD-VASH program, including administration
                   in conjunction with the Department of Veterans Affairs and overall implementation of section 8(o)(19) of the United States
                   Housing Act of 1937: Provided further, That the Secretary of Housing and Urban Development may waive or specify alternative
                   requirements for any provision of any statute or regulation that the Secretary administers in connection with the use of funds
                   made available under this paragraph (except requirements related to fair housing, nondiscrimination, labor stands, and the
                   environment), upon a finding by the Secretary that any such waiver or alternative requirement is necessary for the effective
                   delivery and administration of such assistance: Provided further, That grant recipients shall report to the Secretary on utilization
                   of such rental assistance and other program data, as prescribed by the Secretary
          (6) $10,000,000 shall be available to support modernization of public housing agency (PHA) information technology systems with
                   respect to administration of program data and funding provided under this heading, including related expenses; Provided, That
                   the Secretary may transfer up to $5,000,000 of the amounts provided under this paragraph to the "Public Housing Capital Fund"
                   heading under this title to support modernization of PHA information technology systems with respect to administration of
                   program data and funding under such heading, including related expenses; and
          (7) the Secretary shall separately track all special purpose vouchers funded under this heading.
          Note.—A full-year 2017 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
             budget assumes this account is operating under the Further Continuing Appropriations Act, 2017 (P.L. 114–254). The amounts
             included for 2017 reflect the annualized level provided by the continuing resolution.

          Program and Financing (in millions of dollars)

                      Identification code 086–0302–0–1–604
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0001
                      Tenant Protection
                      86
                      245
                      60

                      0002
                      Administrative Fees
                      1,693
                      1,723
                      1,550

                      0006
                      Contract Renewals
                      17,658
                      17,720
                      17,584

                      0007
                      Rental Assistance Demonstration
                      38
                      85
                      125

                      0008
                      Veterans Affairs Supportive Housing Vouchers
                      51
                      82

                      0013
                      Section 811 Mainstream Vouchers
                      108
                      117
                      107

                      0015
                      Tribal HUD VASH

                      7

                      0016
                      Public Housing Agency IT System Modernization

                      10

                      0900
                      Total new obligations (object class 41.0)
                      19,634
                      19,972
                      19,443

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      250
                      297

                      1021
                      Recoveries of prior year unpaid obligations
                      16

                      1050
                      Unobligated balance (total)
                      266
                      297

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      15,628
                      15,600
                      15,318

                      1121
                      Appropriations transferred from other acct [086–0304]
                      10
                      21
                      32

                      1121
                      Appropriations transferred from other acct [086–0163]
                      27
                      62
                      93

                      1160
                      Appropriation, discretionary (total)
                      15,665
                      15,683
                      15,443

                      Advance appropriations, discretionary:

                      1170
                      Advance appropriation
                      4,000
                      3,992
                      4,000

                      1900
                      Budget authority (total)
                      19,665
                      19,675
                      19,443

                      1930
                      Total budgetary resources available
                      19,931
                      19,972
                      19,443

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      297

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      3,600
                      3,843
                      3,855

                      3010
                      New obligations, unexpired accounts
                      19,634
                      19,972
                      19,443

                      3020
                      Outlays (gross)
                      –19,375
                      –19,960
                      –19,825

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –16

                      3050
                      Unpaid obligations, end of year
                      3,843
                      3,855
                      3,473

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      3,600
                      3,843
                      3,855

                      3200
                      Obligated balance, end of year
                      3,843
                      3,855
                      3,473

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      19,665
                      19,675
                      19,443

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      16,839
                      17,291
                      17,096

                      4011
                      Outlays from discretionary balances
                      2,536
                      2,669
                      2,729

                      4020
                      Outlays, gross (total)
                      19,375
                      19,960
                      19,825

                      4180
                      Budget authority, net (total)
                      19,665
                      19,675
                      19,443

                      4190
                      Outlays, net (total)
                      19,375
                      19,960
                      19,825

             The 2018 Budget provides $19.3 billion for the Tenant-Based Rental Assistance program (also known as the Housing Choice Voucher
                program), which is the Federal government's largest income-targeted rental assistance program. With this funding, the Housing
                Choice Voucher program will provide housing assistance to over 2.2 million extremely low- to very low-income families to rent
                decent, safe, and sanitary housing in the private market. About 2,200 state and local Public Housing Authorities (PHAs) administer
                the Housing Choice Voucher program.

             The Budget provides $17.6 billion in contract renewals to continue assistance for families anticipated to be under lease at
                the end of 2017. The Budget also includes $107 million for the renewal of 14,000 housing vouchers for persons with disabilities,
                and associated administrative fees, originally funded under the Section 811 tenant-based program.

             The Budget requests $1.6 billion in PHA administrative fees to support fundamental functions such as admitting households,
                conducting housing quality inspections, and completing tenant income certifications.

             The Budget requests $60 million for tenant protection vouchers, which are provided to families who may have to relocate due
                to actions beyond their control, such as public housing demolition or redevelopment, and when private owners of multi-family
                developments choose to leave the project-based program or convert to long-term Section 8 contracts, as a part of the Rental
                Assistance Demonstration program.

             The Budget provides $7 million for the renewal or issuance of vouchers by tribes under the Tribal HUD-VA Supportive Housing
                (HUD-VASH) program, to serve Native American veterans that are homeless or at risk of homelessness and living in and around
                designated tribal areas.

             The Budget requests $10 million to support modernization of Public Housing Agency (PHA) information technology systems.
             Further, the Budget proposes a set of policies to reduce costs while continuing to assist current residents. These policies
                serve as a starting point as the Administration works toward a more comprehensive package of rental assistance reforms. The
                proposals include increased tenant rent contributions, the establishment of mandatory minimum rents, and the end of utility
                allowance reimbursements, among others.

             Housing certificate fund
             (including 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 2018 and prior years may be used for renewal of or amendments to section 8 project-based contracts and for performance-based contract
                administrators, notwithstanding the purposes for which such funds were appropriated: Provided, That any obligated balances of contract authority from fiscal year 1974 and prior that have been terminated are hereby permanently cancelled: Provided further, That amounts 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 permanently cancelled, and an amount of additional new budget authority, equivalent to the amount permanently cancelled is hereby appropriated, to remain available until expended, for the purposes set forth under this heading, in addition to
                amounts otherwise available.
          Note.—A full-year 2017 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
             budget assumes this account is operating under the Further Continuing Appropriations Act, 2017 (P.L. 114–254). The amounts
             included for 2017 reflect the annualized level provided by the continuing resolution.

          Program and Financing (in millions of dollars)

                      Identification code 086–0319–0–1–604
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0001
                      Contract Renewals

                      30

                      0002
                      Contract Administrators
                      44
                      94
                      112

                      0900
                      Total new obligations (object class 41.0)
                      44
                      94
                      142

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      212
                      219
                      112

                      1021
                      Recoveries of prior year unpaid obligations
                      51
                      16
                      30

                      1029
                      Other balances withdrawn to Treasury

                      –29

                      1050
                      Unobligated balance (total)
                      263
                      206
                      142

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation

                      30
                      30

                      1131
                      Unobligated balance of appropriations permanently reduced (HCF funds)

                      –30
                      –30

                      1930
                      Total budgetary resources available
                      263
                      206
                      142

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      219
                      112

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      826
                      631
                      490

                      3010
                      New obligations, unexpired accounts
                      44
                      94
                      142

                      3020
                      Outlays (gross)
                      –188
                      –219
                      –152

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –51
                      –16
                      –30

                      3050
                      Unpaid obligations, end of year
                      631
                      490
                      450

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      826
                      631
                      490

                      3200
                      Obligated balance, end of year
                      631
                      490
                      450

                      Budget authority and outlays, net:

                      Discretionary:

                      Outlays, gross:

                      4011
                      Outlays from discretionary balances
                      188
                      219
                      152

                      4180
                      Budget authority, net (total)

                      4190
                      Outlays, net (total)
                      188
                      219
                      152

             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 fundFor 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") $628,000,000, to remain available until September 30, 2021: Provided, That notwithstanding any other provision of law or regulation, during fiscal year 2018, the Secretary of Housing and Urban Development may not delegate to any Department official other than the Deputy Secretary
                and the Assistant Secretary for Public and Indian Housing any authority under paragraph (2) of section 9(j) regarding the
                extension of the time periods under such section: Provided further, That for purposes of such section 9(j), the term "obligate" means, with respect to amounts, that the amounts are subject
                to a binding agreement that will result in outlays, immediately or in the future: Provided further, That up to $8,300,000 shall be to support ongoing Public Housing Financial and Physical Assessment activities: Provided further, That of the total amount provided under this heading, not to exceed $20,000,000 shall be available for the Secretary to make grants, notwithstanding section 204 of this Act, to public housing agencies
                for emergency capital needs resulting from unforeseen or unpreventable emergencies and natural disasters excluding Presidentially declared emergencies
                and natural disasters under the Robert T. Stafford Disaster Relief and Emergency Act (42 U.S.C. 5121 et seq.) occurring in
                fiscal year 2018: Provided further, That of the total amount made available under this heading, up to $10,000,000 shall be for a Jobs-Plus initiative modeled after the Jobs-Plus demonstration: Provided further, That funding provided under the previous proviso shall be available for 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 allow public housing agencies 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 initiative as a voluntary program for residents: Provided further, That the Secretary shall publish by notice in the Federal Register any waivers or alternative requirements pursuant to the
                preceding proviso no later than 10 days before the effective date of such notice: Provided further, That from the funds made available under this heading, the Secretary shall provide bonus awards in fiscal year 2018 to public housing agencies that are designated high performers.
          Note.—A full-year 2017 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
             budget assumes this account is operating under the Further Continuing Appropriations Act, 2017 (P.L. 114–254). The amounts
             included for 2017 reflect the annualized level provided by the continuing resolution.

          Program and Financing (in millions of dollars)

                      Identification code 086–0304–0–1–604
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0001
                      Capital Grants (Modernization)
                      1,800
                      1,860
                      526

                      0003
                      Emergency/Disaster Reserve
                      13
                      16
                      20

                      0006
                      Resident Opportunities and Supportive Services
                      46
                      35

                      0007
                      Administrative Receivership
                      3
                      1

                      0008
                      Financial and Physical Assessment Support
                      12
                      3
                      8

                      0010
                      Jobs-Plus Pilot
                      29
                      15
                      10

                      0011
                      Safety and Security
                      5
                      5

                      0900
                      Total new obligations (object class 41.0)
                      1,908
                      1,935
                      564

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      96
                      75

                      1021
                      Recoveries of prior year unpaid obligations
                      7

                      1050
                      Unobligated balance (total)
                      103
                      75

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      1,900
                      1,896
                      628

                      1120
                      Appropriations transferred to other accts [086–0303]
                      –9
                      –15
                      –32

                      1120
                      Appropriations transferred to other accts [086–0302]
                      –10
                      –21
                      –32

                      1160
                      Appropriation, discretionary (total)
                      1,881
                      1,860
                      564

                      1900
                      Budget authority (total)
                      1,881
                      1,860
                      564

                      1930
                      Total budgetary resources available
                      1,984
                      1,935
                      564

                      Memorandum (non-add) entries:

                      1940
                      Unobligated balance expiring
                      –1

                      1941
                      Unexpired unobligated balance, end of year
                      75

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      3,888
                      3,669
                      3,785

                      3010
                      New obligations, unexpired accounts
                      1,908
                      1,935
                      564

                      3011
                      Obligations ("upward adjustments"), expired accounts
                      2

                      3020
                      Outlays (gross)
                      –2,117
                      –1,819
                      –1,791

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –7

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –5

                      3050
                      Unpaid obligations, end of year
                      3,669
                      3,785
                      2,558

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      3,888
                      3,669
                      3,785

                      3200
                      Obligated balance, end of year
                      3,669
                      3,785
                      2,558

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      1,881
                      1,860
                      564

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      141
                      47
                      14

                      4011
                      Outlays from discretionary balances
                      1,976
                      1,772
                      1,777

                      4020
                      Outlays, gross (total)
                      2,117
                      1,819
                      1,791

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4033
                      Non-Federal sources
                      –1

                      Additional offsets against gross budget authority only:

                      4052
                      Offsetting collections credited to expired accounts:
                      1

                      4070
                      Budget authority, net (discretionary)
                      1,881
                      1,860
                      564

                      4080
                      Outlays, net (discretionary)
                      2,116
                      1,819
                      1,791

                      4180
                      Budget authority, net (total)
                      1,881
                      1,860
                      564

                      4190
                      Outlays, net (total)
                      2,116
                      1,819
                      1,791

             The Budget proposes $628 million for the Public Housing Capital Fund, a formula grant program designed to address the most
                acute capital repairs and replacement needs in public housing properties. This program preserves and enhances a valuable affordable
                housing resource that serves approximately 1.1 million households. Additionally, it resolves capital needs arising from unforeseen
                emergencies and natural disasters, and facilitates financial and physical assessments of rental housing assistance programs.
                Of the amount requested, approximately $600 million will fund capital grants to public housing agencies (PHAs). The balance,
                supplemented by any recaptures, will be available to provide up to $20 million for emergency capital needs; up to $10 million
                for Jobs-Plus, an evidence-based program for increasing income and earnings for public housing residents; and up to $8.3 million
                for financial and physical assessments of public housing and other HUD-assisted properties. Further, the Budget proposes a
                set of policies to reduce costs while continuing to assist current residents. These policies serve as a starting point as
                the Administration works towards a more comprehensive package of rental assistance reforms. The proposals include increased
                tenant rent contributions, the establishment of mandatory minimum rents, and the end of utility allowance reimbursements,
                among others.

             Public housing operating fundFor 2018 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)), $3,900,000,000, to remain available until September 30, 2019.
          Note.—A full-year 2017 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
             budget assumes this account is operating under the Further Continuing Appropriations Act, 2017 (P.L. 114–254). The amounts
             included for 2017 reflect the annualized level provided by the continuing resolution.

          Program and Financing (in millions of dollars)

                      Identification code 086–0163–0–1–604
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0001
                      Operating Subsidy
                      4,037
                      4,786
                      3,714

                      0900
                      Total new obligations (object class 41.0)
                      4,037
                      4,786
                      3,714

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      3
                      405

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      4,500
                      4,491
                      3,900

                      1120
                      Appropriations transferred to other accts [086–0302]
                      –27
                      –62
                      –93

                      1120
                      Appropriations transferred to other accts [086–0303]
                      –34
                      –48
                      –93

                      1160
                      Appropriation, discretionary (total)
                      4,439
                      4,381
                      3,714

                      1930
                      Total budgetary resources available
                      4,442
                      4,786
                      3,714

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      405

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      1,125
                      774
                      1,183

                      3010
                      New obligations, unexpired accounts
                      4,037
                      4,786
                      3,714

                      3011
                      Obligations ("upward adjustments"), expired accounts
                      2

                      3020
                      Outlays (gross)
                      –4,389
                      –4,377
                      –3,894

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –1

                      3050
                      Unpaid obligations, end of year
                      774
                      1,183
                      1,003

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      1,125
                      774
                      1,183

                      3200
                      Obligated balance, end of year
                      774
                      1,183
                      1,003

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      4,439
                      4,381
                      3,714

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      3,271
                      3,198
                      2,711

                      4011
                      Outlays from discretionary balances
                      1,118
                      1,179
                      1,183

                      4020
                      Outlays, gross (total)
                      4,389
                      4,377
                      3,894

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4033
                      Non-Federal sources
                      –3

                      Additional offsets against gross budget authority only:

                      4052
                      Offsetting collections credited to expired accounts
                      3

                      4070
                      Budget authority, net (discretionary)
                      4,439
                      4,381
                      3,714

                      4080
                      Outlays, net (discretionary)
                      4,386
                      4,377
                      3,894

                      4180
                      Budget authority, net (total)
                      4,439
                      4,381
                      3,714

                      4190
                      Outlays, net (total)
                      4,386
                      4,377
                      3,894

             The Budget requests $3.9 billion for the Public Housing Operating Fund, a formula grant program awarded to public housing
                agencies (PHAs) to support the maintenance and operations of approximately 1.1 million public housing units. This funding
                helps to address the need for affordable housing and supports the long-term preservation and viability of the public housing
                portfolio. Further, the Budget proposes a set of policies to reduce costs while continuing to assist current residents. These
                policies serve as a starting point as the Administration works towards a more comprehensive package of rental assistance reforms.
                The proposals include increased tenant rent contributions, the establishment of mandatory minimum rents, and the end of utility
                allowance reimbursements, among others.

             Drug Elimination Grants for Low-income Housing

             Program and Financing (in millions of dollars)

                      Identification code 086–0197–0–1–604
                      2016 actual
                      2017 est.
                      2018 est.

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      1

                      1020
                      Adjustment of unobligated bal brought forward, Oct 1
                      –1

                      4180
                      Budget authority, net (total)

                      4190
                      Outlays, net (total)

             No new appropriations have been provided for the Public Housing Drug Elimination Grants program since 2001, and all remaining
                funds were rescinded in 2015.

             Choice neighborhoods initiative
          Note.—A full-year 2017 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
             budget assumes this account is operating under the Further Continuing Appropriations Act, 2017 (P.L. 114–254). The amounts
             included for 2017 reflect the annualized level provided by the continuing resolution.

          Program and Financing (in millions of dollars)

                      Identification code 086–0349–0–1–604
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0001
                      Choice Neighborhoods Grants
                      6
                      257

                      0900
                      Total new obligations (object class 41.0)
                      6
                      257

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      13
                      132

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      125
                      125

                      1930
                      Total budgetary resources available
                      138
                      257

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      132

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      351
                      317
                      457

                      3010
                      New obligations, unexpired accounts
                      6
                      257

                      3020
                      Outlays (gross)
                      –40
                      –117
                      –149

                      3050
                      Unpaid obligations, end of year
                      317
                      457
                      308

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      351
                      317
                      457

                      3200
                      Obligated balance, end of year
                      317
                      457
                      308

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      125
                      125

                      Outlays, gross:

                      4011
                      Outlays from discretionary balances
                      40
                      117
                      149

                      4180
                      Budget authority, net (total)
                      125
                      125

                      4190
                      Outlays, net (total)
                      40
                      117
                      149

             The Choice Neighborhoods program provides competitive planning and implementation grants to improve neighborhoods with distressed
                public and/or HUD-assisted housing. The 2018 Budget does not request funding for Choice Neighborhoods in recognition of a
                greater role for State and local governments and the private sector to address community revitalization needs, and redirects
                constrained Federal resources to higher priority activities. The Department will continue to monitor and provide assistance
                for existing HOPE VI and Choice Neighborhood projects.

             Revitalization of Severely Distressed Public Housing (HOPE VI)

             Program and Financing (in millions of dollars)

                      Identification code 086–0218–0–1–604
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0001
                      HOPE VI/Choice Neighborhoods Grants
                      3

                      0900
                      Total new obligations (object class 41.0)
                      3

                      Budgetary resources:

                      Unobligated balance:

                      1021
                      Recoveries of prior year unpaid obligations
                      3

                      1930
                      Total budgetary resources available
                      3

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      178
                      106
                      5

                      3010
                      New obligations, unexpired accounts
                      3

                      3011
                      Obligations ("upward adjustments"), expired accounts
                      15

                      3020
                      Outlays (gross)
                      –87
                      –101
                      –5

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –3

                      3050
                      Unpaid obligations, end of year
                      106
                      5

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      178
                      106
                      5

                      3200
                      Obligated balance, end of year
                      106
                      5

                      Budget authority and outlays, net:

                      Discretionary:

                      Outlays, gross:

                      4011
                      Outlays from discretionary balances
                      87
                      101
                      5

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4033
                      Non-Federal sources
                      –15

                      Additional offsets against gross budget authority only:

                      4052
                      Offsetting collections credited to expired accounts
                      15

                      4080
                      Outlays, net (discretionary)
                      72
                      101
                      5

                      4180
                      Budget authority, net (total)

                      4190
                      Outlays, net (total)
                      72
                      101
                      5

             The HOPE VI program 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, but requests that unobligated balances may
                be used to support public housing rehabilitation needs in the Public Housing Capital Fund.

             Family self-sufficiencyFor the Family Self-Sufficiency program to support family self-sufficiency coordinators under section 23 of the United States
                Housing Act of 1937, to promote the development of local strategies to coordinate the use of assistance under sections 8(o)
                and 9 of such Act with public and private resources, and enable eligible families to achieve economic independence and self-sufficiency,
                $75,000,000, to remain available until September 30, 2019: 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 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 with a section 8 contract may 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.
          Note.—A full-year 2017 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
             budget assumes this account is operating under the Further Continuing Appropriations Act, 2017 (P.L. 114–254). The amounts
             included for 2017 reflect the annualized level provided by the continuing resolution.

          Program and Financing (in millions of dollars)

                      Identification code 086–0350–0–1–604
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0001
                      Family Self-Sufficiency
                      150
                      75
                      75

                      0900
                      Total new obligations (object class 41.0)
                      150
                      75
                      75

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      75

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      75
                      75
                      75

                      1930
                      Total budgetary resources available
                      150
                      75
                      75

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      32
                      103
                      103

                      3010
                      New obligations, unexpired accounts
                      150
                      75
                      75

                      3020
                      Outlays (gross)
                      –78
                      –75
                      –73

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –1

                      3050
                      Unpaid obligations, end of year
                      103
                      103
                      105

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      32
                      103
                      103

                      3200
                      Obligated balance, end of year
                      103
                      103
                      105

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      75
                      75
                      75

                      Outlays, gross:

                      4011
                      Outlays from discretionary balances
                      78
                      75
                      73

                      4180
                      Budget authority, net (total)
                      75
                      75
                      75

                      4190
                      Outlays, net (total)
                      78
                      75
                      73

             The Budget requests $75 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 Budget supports FSS through competitive funding for public housing agencies and authority for PBRA owners to use funds
                from their residual receipt accounts or other sources to hire service coordinators.

             Native American housing block grantsFor 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.), $600,000,000, to remain available until September 30, 2022: Provided, That, notwithstanding NAHASDA, to determine the amount of the allocation under title I of such Act for each Indian tribe, the Secretary shall apply the
                formula under section 302 of such Act with the need component based on single-race census data and with the need component based on multi-race census data, and the
                amount of the allocation for each Indian tribe shall be the greater of the two resulting allocation amounts:  Provided further, That of the amount provided under this heading, $2,000,000 shall be made available for the cost of guaranteed notes and
                other obligations, as authorized by title VI of NAHASDA: Provided further, That such costs, including the costs of modifying such notes and other obligations, shall be as defined in section 502 of
                the Congressional Budget Act of 1974, as amended: Provided further, That these funds are available to subsidize the total principal amount of any notes and other obligations, any part of which
                is to be guaranteed, not to exceed $17,391,304.
          Note.—A full-year 2017 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
             budget assumes this account is operating under the Further Continuing Appropriations Act, 2017 (P.L. 114–254). The amounts
             included for 2017 reflect the annualized level provided by the continuing resolution.

          Program and Financing (in millions of dollars)

                      Identification code 086–0313–0–1–604
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0010
                      Indian Housing Block Grants
                      652
                      642
                      598

                      0011
                      Technical Assistance
                      5
                      2

                      0015
                      National and Regional Organizations
                      7
                      3

                      0091
                      Direct program activities, subtotal
                      664
                      647
                      598

                      Credit program obligations:

                      0702
                      Loan guarantee subsidy
                      2
                      2
                      2

                      0707
                      Reestimates of loan guarantee subsidy
                      4
                      1

                      0708
                      Interest on reestimates of loan guarantee subsidy

                      3

                      0791
                      Direct program activities, subtotal
                      6
                      6
                      2

                      0900
                      Total new obligations (object class 41.0)
                      670
                      653
                      600

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      39
                      18
                      17

                      1001
                      Discretionary unobligated balance brought fwd, Oct 1
                      39
                      18

                      1021
                      Recoveries of prior year unpaid obligations
                      1

                      1050
                      Unobligated balance (total)
                      40
                      18
                      17

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      650
                      649
                      600

                      1131
                      Unobligated balance of appropriations permanently reduced
                      –6
                      –1

                      1160
                      Appropriation, discretionary (total)
                      644
                      648
                      600

                      Appropriations, mandatory:

                      1200
                      Appropriation
                      4
                      4

                      1900
                      Budget authority (total)
                      648
                      652
                      600

                      1930
                      Total budgetary resources available
                      688
                      670
                      617

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      18
                      17
                      17

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      824
                      742
                      738

                      3010
                      New obligations, unexpired accounts
                      670
                      653
                      600

                      3020
                      Outlays (gross)
                      –751
                      –657
                      –610

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –1

                      3050
                      Unpaid obligations, end of year
                      742
                      738
                      728

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      824
                      742
                      738

                      3200
                      Obligated balance, end of year
                      742
                      738
                      728

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      644
                      648
                      600

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      274
                      191
                      177

                      4011
                      Outlays from discretionary balances
                      473
                      462
                      433

                      4020
                      Outlays, gross (total)
                      747
                      653
                      610

                      Mandatory:

                      4090
                      Budget authority, gross
                      4
                      4

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority
                      4
                      4

                      4180
                      Budget authority, net (total)
                      648
                      652
                      600

                      4190
                      Outlays, net (total)
                      751
                      657
                      610

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

                      Identification code 086–0313–0–1–604
                      2016 actual
                      2017 est.
                      2018 est.

                      Guaranteed loan levels supportable by subsidy budget authority:

                      215001
                      Title VI Indian Federal Guarantees Program
                      15
                      22
                      17

                      Guaranteed loan subsidy (in percent):

                      232001
                      Title VI Indian Federal Guarantees Program
                      11.46
                      11.20
                      11.50

                      232999
                      Weighted average subsidy rate
                      11.46
                      11.20
                      11.50

                      Guaranteed loan subsidy budget authority:

                      233001
                      Title VI Indian Federal Guarantees Program
                      2
                      2
                      2

                      Guaranteed loan subsidy outlays:

                      234001
                      Title VI Indian Federal Guarantees Program
                      3
                      2
                      2

                      Guaranteed loan reestimates:

                      235001
                      Title VI Indian Federal Guarantees Program
                      –1

             The Budget proposes $600 million for the Native American Housing Block Grant (NAHBG) program. This program allocates funds
                on a formula basis to approximately 360 recipients representing more than 550 Indian Tribes nationwide to help them address
                housing and other needs within their communities.

             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 $17.39 million in new loans.

             Title VI Indian Federal Guarantees Financing Account

             Program and Financing (in millions of dollars)

                      Identification code 086–4244–0–3–604
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0742
                      Downward reestimates paid to receipt accounts
                      3
                      3

                      0743
                      Interest on downward reestimates
                      2
                      1

                      0900
                      Total new obligations, unexpired accounts
                      5
                      4

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      15
                      18
                      20

                      Financing authority:

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      8
                      6
                      3

                      1930
                      Total budgetary resources available
                      23
                      24
                      23

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      18
                      20
                      23

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1

                      2

                      3010
                      New obligations, unexpired accounts
                      5
                      4

                      3020
                      Outlays (gross)
                      –5
                      –2
                      –2

                      3050
                      Unpaid obligations, end of year

                      2

                      Uncollected payments:

                      3060
                      Uncollected pymts, Fed sources, brought forward, Oct 1
                      –1
                      –1
                      –1

                      3090
                      Uncollected pymts, Fed sources, end of year
                      –1
                      –1
                      –1

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      –1
                      –1
                      1

                      3200
                      Obligated balance, end of year
                      –1
                      1
                      –1

                      Financing authority and disbursements, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      8
                      6
                      3

                      Financing disbursements:

                      4110
                      Outlays, gross (total)
                      5
                      2
                      2

                      Offsets against gross financing authority and disbursements:

                      Offsetting collections (collected) from:

                      4120
                      Federal sources
                      –7
                      –6
                      –3

                      4122
                      Interest on uninvested funds
                      –1

                      4130
                      Offsets against gross budget authority and outlays (total)
                      –8
                      –6
                      –3

                      4170
                      Outlays, net (mandatory)
                      –3
                      –4
                      –1

                      4180
                      Budget authority, net (total)

                      4190
                      Outlays, net (total)
                      –3
                      –4
                      –1

          Status of Guaranteed Loans (in millions of dollars)

                      Identification code 086–4244–0–3–604
                      2016 actual
                      2017 est.
                      2018 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
                      9
                      5

                      2143
                      Uncommitted limitation carried forward
                      –11

                      2150
                      Total guaranteed loan commitments
                      15
                      22
                      17

                      2199
                      Guaranteed amount of guaranteed loan commitments
                      15
                      22
                      17

                      Cumulative balance of guaranteed loans outstanding:

                      2210
                      Outstanding, start of year
                      87
                      113
                      131

                      2231
                      Disbursements of new guaranteed loans
                      27
                      23
                      20

                      2251
                      Repayments and prepayments
                      –1
                      –5
                      –5

                      2263
                      Adjustments: Terminations for default that result in claim payments

                      2290
                      Outstanding, end of year
                      113
                      131
                      146

                      Memorandum:

                      2299
                      Guaranteed amount of guaranteed loans outstanding, end of year
                      113
                      131
                      146

          Balance Sheet (in millions of dollars)

                      Identification code 086–4244–0–3–604
                      2015 actual
                      2016 actual

                      ASSETS:

                      1101
                      Federal assets: Fund balances with Treasury
                      11
                      17

                      1999
                      Total assets
                      11
                      17

                      LIABILITIES:

                      2204
                      Non-Federal liabilities: Liabilities for loan guarantees
                      11
                      17

                      4999
                      Total liabilities and net position
                      11
                      17

             Native Hawaiian Housing Block Grant

             Program and Financing (in millions of dollars)

                      Identification code 086–0235–0–1–604
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0001
                      Native Hawaiian Housing Block Grant
                      1

                      0900
                      Total new obligations (object class 41.0)
                      1

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      1

                      1930
                      Total budgetary resources available
                      1

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      33
                      22
                      18

                      3010
                      New obligations, unexpired accounts
                      1

                      3020
                      Outlays (gross)
                      –12
                      –4
                      –5

                      3050
                      Unpaid obligations, end of year
                      22
                      18
                      13

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      33
                      22
                      18

                      3200
                      Obligated balance, end of year
                      22
                      18
                      13

                      Budget authority and outlays, net:

                      Discretionary:

                      Outlays, gross:

                      4011
                      Outlays from discretionary balances
                      12
                      4
                      5

                      4180
                      Budget authority, net (total)

                      4190
                      Outlays, net (total)
                      12
                      4
                      5

             The Hawaiian Homelands Homeownership Act of 2000 (P.L. 106–568), which amended the Native American Housing Assistance and
                Self-Determination Act of 1996 by adding Title VIII, authorized the Native Hawaiian Housing Block Grant program. This program
                provides funds 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.

             Indian housing loan guarantee fund program account
          Note.—A full-year 2017 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
             budget assumes this account is operating under the Further Continuing Appropriations Act, 2017 (P.L. 114–254). The amounts
             included for 2017 reflect the annualized level provided by the continuing resolution.

          Program and Financing (in millions of dollars)

                      Identification code 086–0223–0–1–371
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0702
                      Loan guarantee subsidy
                      5
                      4
                      3

                      0707
                      Reestimates of loan guarantee subsidy
                      30
                      7

                      0708
                      Interest on reestimates of loan guarantee subsidy
                      3

                      0709
                      Administrative expenses

                      1
                      1

                      0900
                      Total new obligations (object class 41.0)
                      38
                      12
                      4

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      4
                      7
                      10

                      1001
                      Discretionary unobligated balance brought fwd, Oct 1
                      4
                      7

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      8
                      8

                      Appropriations, mandatory:

                      1200
                      Appropriation
                      33
                      7

                      1900
                      Budget authority (total)
                      41
                      15

                      1930
                      Total budgetary resources available
                      45
                      22
                      10

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      7
                      10
                      6

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      3
                      2
                      2

                      3010
                      New obligations, unexpired accounts
                      38
                      12
                      4

                      3020
                      Outlays (gross)
                      –39
                      –12
                      –4

                      3050
                      Unpaid obligations, end of year
                      2
                      2
                      2

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      3
                      2
                      2

                      3200
                      Obligated balance, end of year
                      2
                      2
                      2

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      8
                      8

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      2
                      1

                      4011
                      Outlays from discretionary balances
                      4
                      4
                      4

                      4020
                      Outlays, gross (total)
                      6
                      5
                      4

                      Mandatory:

                      4090
                      Budget authority, gross
                      33
                      7

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority
                      33
                      7

                      4180
                      Budget authority, net (total)
                      41
                      15

                      4190
                      Outlays, net (total)
                      39
                      12
                      4

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

                      Identification code 086–0223–0–1–371
                      2016 actual
                      2017 est.
                      2018 est.

                      Guaranteed loan levels supportable by subsidy budget authority:

                      215001
                      Indian Housing Loan Guarantee
                      710
                      800
                      880

                      Guaranteed loan subsidy (in percent):

                      232001
                      Indian Housing Loan Guarantee
                      0.63
                      0.54
                      0.37

                      232999
                      Weighted average subsidy rate
                      0.63
                      0.54
                      0.37

                      Guaranteed loan subsidy budget authority:

                      233001
                      Indian Housing Loan Guarantee
                      5
                      4
                      3

                      Guaranteed loan subsidy outlays:

                      234001
                      Indian Housing Loan Guarantee
                      6
                      4
                      3

                      Guaranteed loan reestimates:

                      235001
                      Indian Housing Loan Guarantee
                      32
                      –14

                      Administrative expense data:

                      3510
                      Budget authority
                      1
                      1
                      1

                      3590
                      Outlays from new authority

                      1
                      1

             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 would face barriers to acquiring
                such financing because of the unique legal status of Indian trust land. The Budget does not request funds for this program
                because the Department will carry forward sufficient balances of prior-year subsidy budget authority to support the estimated
                $880 million in new loan guarantees in 2018.

             Indian Housing Loan Guarantee Fund Financing Account

             Program and Financing (in millions of dollars)

                      Identification code 086–4104–0–3–604
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0711
                      Default claim payments on principal
                      23
                      22
                      22

                      0713
                      Payment of interest to Treasury
                      6
                      6
                      6

                      0742
                      Downward reestimates paid to receipt accounts

                      17

                      0743
                      Interest on downward reestimates
                      1
                      4

                      0900
                      Total new obligations, unexpired accounts
                      30
                      49
                      28

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      276
                      316
                      303

                      Financing authority:

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      72
                      36
                      27

                      1801
                      Change in uncollected payments, Federal sources
                      –2

                      1850
                      Spending auth from offsetting collections, mand (total)
                      70
                      36
                      27

                      1930
                      Total budgetary resources available
                      346
                      352
                      330

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      316
                      303
                      302

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      1
                      4
                      28

                      3010
                      New obligations, unexpired accounts
                      30
                      49
                      28

                      3020
                      Outlays (gross)
                      –27
                      –25
                      –25

                      3050
                      Unpaid obligations, end of year
                      4
                      28
                      31

                      Uncollected payments:

                      3060
                      Uncollected pymts, Fed sources, brought forward, Oct 1
                      –4
                      –2
                      –2

                      3070
                      Change in uncollected pymts, Fed sources, unexpired
                      2

                      3090
                      Uncollected pymts, Fed sources, end of year
                      –2
                      –2
                      –2

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      –3
                      2
                      26

                      3200
                      Obligated balance, end of year
                      2
                      26
                      29

                      Financing authority and disbursements, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      70
                      36
                      27

                      Financing disbursements:

                      4110
                      Outlays, gross (total)
                      27
                      25
                      25

                      Offsets against gross financing authority and disbursements:

                      Offsetting collections (collected) from:

                      4120
                      Federal sources: Payments from program account
                      –39
                      –11
                      –3

                      4122
                      Interest on uninvested funds
                      –11
                      –11
                      –12

                      4123
                      Non-Federal sources
                      –22
                      –14
                      –12

                      4130
                      Offsets against gross budget authority and outlays (total)
                      –72
                      –36
                      –27

                      Additional offsets against financing authority only (total):

                      4140
                      Change in uncollected pymts, Fed sources, unexpired
                      2

                      4170
                      Outlays, net (mandatory)
                      –45
                      –11
                      –2

                      4180
                      Budget authority, net (total)

                      4190
                      Outlays, net (total)
                      –45
                      –11
                      –2

          Status of Guaranteed Loans (in millions of dollars)

                      Identification code 086–4104–0–3–604
                      2016 actual
                      2017 est.
                      2018 est.

                      Position with respect to appropriations act limitation on commitments:

                      2111
                      Guaranteed loan commitments from current-year authority
                      1,190
                      1,190

                      2121
                      Limitation available from carry-forward
                      273
                      767
                      1,784

                      2143
                      Uncommitted limitation carried forward
                      –753
                      –1,157
                      –904

                      2150
                      Total guaranteed loan commitments
                      710
                      800
                      880

                      2199
                      Guaranteed amount of guaranteed loan commitments
                      710
                      800
                      800

                      Cumulative balance of guaranteed loans outstanding:

                      2210
                      Outstanding, start of year
                      5,672
                      5,908
                      6,680

                      2231
                      Disbursements of new guaranteed loans
                      826
                      800
                      880

                      2251
                      Repayments and prepayments
                      –18
                      –6
                      –6

                      Adjustments:

                      2263
                      Terminations for default that result in claim payments
                      –23
                      –22
                      –22

                      2264
                      Other adjustments, net
                      –549

                      2290
                      Outstanding, end of year
                      5,908
                      6,680
                      7,532

                      Memorandum:

                      2299
                      Guaranteed amount of guaranteed loans outstanding, end of year
                      5,908
                      6,680
                      7,532

          Balance Sheet (in millions of dollars)

                      Identification code 086–4104–0–3–604
                      2015 actual
                      2016 actual

                      ASSETS:

                      Federal assets:

                      1101
                      Fund balances with Treasury
                      261
                      307

                      Investments in US securities:

                      1106
                      Receivables, net
                      1

                      1504
                      Net value of assets related to post-1991 acquired defaulted guaranteed loans receivable: Foreclosed property
                      31
                      37

                      1999
                      Total assets
                      293
                      344

                      LIABILITIES:

                      2103
                      Federal liabilities: Debt Payable to Treasury
                      116
                      116

                      Non-Federal liabilities:

                      2201
                      Accounts payable

                      3

                      2204
                      Liabilities for loan guarantees
                      159
                      225

                      2207
                      Unearned revenues and advances
                      18

                      2999
                      Total liabilities
                      293
                      344

                      4999
                      Total liabilities and net position
                      293
                      344

             Native Hawaiian Housing Loan Guarantee Fund Program Account

             Program and Financing (in millions of dollars)

                      Identification code 086–0233–0–1–371
                      2016 actual
                      2017 est.
                      2018 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

                      4180
                      Budget authority, net (total)

                      4190
                      Outlays, net (total)

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

                      Identification code 086–0233–0–1–371
                      2016 actual
                      2017 est.
                      2018 est.

                      Guaranteed loan levels supportable by subsidy budget authority:

                      215001
                      Native Hawaiian Housing Loan Guarantees
                      16
                      23
                      23

                      Guaranteed loan subsidy (in percent):

                      232001
                      Native Hawaiian Housing Loan Guarantees
                      0.51
                      -.27
                      -.28

                      232999
                      Weighted average subsidy rate
                      0.51
                      -.27
                      -.28

             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 otherwise would face barriers
                to acquiring such financing because of the unique legal status of the Hawaiian home lands. The Budget does not request any
                new credit subsidy budget authority for this program because the Department will carry forward sufficient balances of prior-year
                subsidy budget authority to support the estimated $23 million in new loan guarantees in 2018.

             Native Hawaiian Housing Loan Guarantee Fund Financing Account

             Program and Financing (in millions of dollars)

                      Identification code 086–4351–0–3–371
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0711
                      Default claim payments on principal

                      1
                      1

                      0713
                      Payment of interest to Treasury
                      1

                      0900
                      Total new obligations, unexpired accounts
                      1
                      1
                      1

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      4
                      4
                      4

                      Financing authority:

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      1
                      1
                      1

                      1930
                      Total budgetary resources available
                      5
                      5
                      5

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      4
                      4
                      4

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1

                      1

                      3010
                      New obligations, unexpired accounts
                      1
                      1
                      1

                      3020
                      Outlays (gross)
                      –1

                      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
                      Budget authority, gross
                      1
                      1
                      1

                      Financing disbursements:

                      4110
                      Outlays, gross (total)
                      1

                      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
                      Outlays, net (mandatory)

                      –1
                      –1

                      4180
                      Budget authority, net (total)

                      4190
                      Outlays, net (total)

                      –1
                      –1

          Status of Guaranteed Loans (in millions of dollars)

                      Identification code 086–4351–0–3–371
                      2016 actual
                      2017 est.
                      2018 est.

                      Position with respect to appropriations act limitation on commitments:

                      2111
                      Guaranteed loan commitments from current-year authority

                      2121
                      Limitation available from carry-forward
                      356
                      340
                      317

                      2143
                      Uncommitted limitation carried forward
                      –340
                      –317
                      –294

                      2150
                      Total guaranteed loan commitments
                      16
                      23
                      23

                      2199
                      Guaranteed amount of guaranteed loan commitments
                      16
                      23
                      23

                      Cumulative balance of guaranteed loans outstanding:

                      2210
                      Outstanding, start of year
                      114
                      126
                      148

                      2231
                      Disbursements of new guaranteed loans
                      16
                      23
                      23

                      2251
                      Repayments and prepayments
                      –4

                      2263
                      Adjustments: Terminations for default that result in claim payments

                      –1
                      –1

                      2290
                      Outstanding, end of year
                      126
                      148
                      170

                      Memorandum:

                      2299
                      Guaranteed amount of guaranteed loans outstanding, end of year
                      126
                      148
                      170

          Balance Sheet (in millions of dollars)

                      Identification code 086–4351–0–3–371
                      2015 actual
                      2016 actual

                      ASSETS:

                      1101
                      Federal assets: Fund balances with Treasury
                      6
                      3

                      1504
                      Net value of assets related to post-1991 acquired defaulted guaranteed loans receivable: Foreclosed property

                      1999
                      Total assets
                      6
                      3

                      LIABILITIES:

                      2103
                      Federal liabilities: Debt payable to Treasury
                      4
                      3

                      2204
                      Non-Federal liabilities: Liabilities for loan guarantees
                      2

                      2999
                      Total liabilities
                      6
                      3

                      4999
                      Total liabilities and net position
                      6
                      3

             Community Planning and Development

             Federal Funds
             Housing opportunities for persons with AIDSFor 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, to remain available until September 30, 2019, except that amounts allocated pursuant to section 854(c)(5) of such Act shall remain available until September 30, 2020: 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 (before paragraph (3) was redesignated as paragraph (5) by section 701(a)(1) of the Housing Opportunity Through Modernization
                   Act of 2016 (Public Law 114–201)) 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  section 854(c)(5) of such Act.
          Note.—A full-year 2017 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
             budget assumes this account is operating under the Further Continuing Appropriations Act, 2017 (P.L. 114–254). The amounts
             included for 2017 reflect the annualized level provided by the continuing resolution.

          Program and Financing (in millions of dollars)

                      Identification code 086–0308–0–1–604
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0001
                      HOPWA Formula Grants
                      308
                      307
                      298

                      0002
                      HOPWA Competitive Grants
                      33
                      38
                      28

                      0799
                      Total direct obligations
                      341
                      345
                      326

                      0801
                      DOJ VAWA
                      1

                      0900
                      Total new obligations
                      342
                      345
                      326

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      106
                      99
                      88

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      335
                      334
                      330

                      1900
                      Budget authority (total)
                      335
                      334
                      330

                      1930
                      Total budgetary resources available
                      441
                      433
                      418

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      99
                      88
                      92

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      512
                      506
                      500

                      3010
                      New obligations, unexpired accounts
                      342
                      345
                      326

                      3020
                      Outlays (gross)
                      –348
                      –351
                      –331

                      3050
                      Unpaid obligations, end of year
                      506
                      500
                      495

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      512
                      506
                      500

                      3200
                      Obligated balance, end of year
                      506
                      500
                      495

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      335
                      334
                      330

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      6
                      3
                      3

                      4011
                      Outlays from discretionary balances
                      342
                      348
                      328

                      4020
                      Outlays, gross (total)
                      348
                      351
                      331

                      4180
                      Budget authority, net (total)
                      335
                      334
                      330

                      4190
                      Outlays, net (total)
                      348
                      351
                      331

             The 2018 Budget provides $330 million for the Housing Opportunities for Persons with AIDS (HOPWA) program, the only Federal
                program dedicated to addressing 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 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 reduce
                the risk of homelessness, increase housing stability, improve access to HIV care and health outcomes for program participants,
                and reduce the risk of HIV transmission to others.

             Ninety percent of HOPWA funds are distributed to States and eligible metropolitan areas according to a formula, and the remaining
                ten percent are awarded competitively to States, local governments, and private nonprofit entities for projects with long-term
                comprehensive strategies in non-formula areas. The HOPWA formula was updated via the Housing Opportunity Through Modernization
                Act of 2016, Public Law No. 114–201. The law requires formula funds to be allocated based on cases of persons living with
                HIV or AIDS instead of cumulative AIDS cases, and ensures funding to jurisdictions reflects the current nature and distribution
                of the HIV/AIDS epidemic. The modernized HOPWA formula is adjusted for an area's fair market rent and poverty rates to further
                ensure HOPWA funds are focused on areas that have the most need. The law also includes several changes that will allow better
                targeting of HOPWA resources and more flexibility for grantees to provide the most cost-effective and timely interventions.
                The updated formula is effective in 2017, and HUD is working closely with formula grantees through a comprehensive Technical
                Assistance initiative to develop community-wide strategies for managing the changes.

             HUD is continuing its 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 within local systems of support.

          Object Classification (in millions of dollars)

                      Identification code 086–0308–0–1–604
                      2016 actual
                      2017 est.
                      2018 est.

                      41.0
                      Direct obligations: Grants, subsidies, and contributions
                      341
                      345
                      326

                      99.0
                      Reimbursable obligations
                      1

                      99.9
                      Total new obligations, unexpired accounts
                      342
                      345
                      326

             Community development fund
          Note.—A full-year 2017 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
             budget assumes this account is operating under the Further Continuing Appropriations Act, 2017 (P.L. 114–254). The amounts
             included for 2017 reflect the annualized level provided by the continuing resolution.

          Program and Financing (in millions of dollars)

                      Identification code 086–0162–0–1–451
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0001
                      Community Development Formula Grants
                      3,075
                      3,162
                      615

                      0002
                      Indian Tribes
                      118
                      64

                      0003
                      Indian Tribes Mold Remediation
                      1

                      0004
                      Hurricane Sandy
                      1,299
                      5,050

                      0005
                      2011 and 2012 Disasters
                      92
                      158

                      0006
                      2013 Disasters
                      205
                      216

                      0007
                      National Disaster Resilience Competition
                      74
                      925

                      0010
                      Other Disaster Assistance
                      1
                      72

                      0011
                      2015 Disasters

                      299

                      0012
                      2016 Disasters

                      2,306

                      0900
                      Total new obligations (object class 41.0)
                      4,865
                      12,252
                      615

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      9,022
                      8,016
                      623

                      1010
                      Unobligated balance transfer to other accts [086–0338]

                      –2

                      1050
                      Unobligated balance (total)
                      9,022
                      8,014
                      623

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      3,860
                      4,864

                      1120
                      Appropriations transferred to other acct [086–0338]
                      –1
                      –3

                      1160
                      Appropriation, discretionary (total)
                      3,859
                      4,861

                      1930
                      Total budgetary resources available
                      12,881
                      12,875
                      623

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      8,016
                      623
                      8

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      12,495
                      11,338
                      17,036

                      3010
                      New obligations, unexpired accounts
                      4,865
                      12,252
                      615

                      3020
                      Outlays (gross)
                      –6,014
                      –6,554
                      –6,819

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –8

                      3050
                      Unpaid obligations, end of year
                      11,338
                      17,036
                      10,832

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      12,495
                      11,338
                      17,036

                      3200
                      Obligated balance, end of year
                      11,338
                      17,036
                      10,832

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      3,859
                      4,861

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      51
                      212

                      4011
                      Outlays from discretionary balances
                      5,963
                      6,342
                      6,819

                      4020
                      Outlays, gross (total)
                      6,014
                      6,554
                      6,819

                      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)
                      3,859
                      4,861

                      4080
                      Outlays, net (discretionary)
                      6,013
                      6,554
                      6,819

                      4180
                      Budget authority, net (total)
                      3,859
                      4,861

                      4190
                      Outlays, net (total)
                      6,013
                      6,554
                      6,819

             Community Development Block Grant (CDBG).—The CDBG program provides 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. Seventy percent of CDBG formula grants are distributed
                to mainly urban areas (entitlement communities), and 30 percent are distributed to States (non-entitlement communities). The
                2018 Budget does not request funding for CDBG, devolves community and economic development to the State and local level, and
                redirects Federal resources to other activities.

             Indian Community Development Block Grant (ICDBG).—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.  The 2018 Budget does not
                request funding for ICDBG, which duplicates HUD's larger Native American Housing Block Grant program and other Federal programs,
                and redirects the savings to higher priority areas.

             CDBG Disaster Recovery (CDBG-DR).—This account also contains previously appropriated CDBG-DR funding provided to communities impacted by major disasters, including
                Hurricane Sandy, Hurricane Matthew, and other recent floods in Louisiana, Texas, and West Virginia.

             Brownfields Redevelopment

             Program and Financing (in millions of dollars)

                      Identification code 086–0314–0–1–451
                      2016 actual
                      2017 est.
                      2018 est.

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      15
                      7
                      3

                      3020
                      Outlays (gross)
                      –3
                      –4
                      –3

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –5

                      3050
                      Unpaid obligations, end of year
                      7
                      3

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      15
                      7
                      3

                      3200
                      Obligated balance, end of year
                      7
                      3

                      Budget authority and outlays, net:

                      Discretionary:

                      Outlays, gross:

                      4011
                      Outlays from discretionary balances
                      3
                      4
                      3

                      4180
                      Budget authority, net (total)

                      4190
                      Outlays, net (total)
                      3
                      4
                      3

             The 2018 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 for similar purposes. The Consolidated and Further
                Continuing Appropriations Act, 2015 (Public Law 113–235) permanently rescinded all unobligated balances of BEDI funds, including
                carryover and recaptures.

             Home investment partnerships program
          Note.—A full-year 2017 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
             budget assumes this account is operating under the Further Continuing Appropriations Act, 2017 (P.L. 114–254). The amounts
             included for 2017 reflect the annualized level provided by the continuing resolution.

          Program and Financing (in millions of dollars)

                      Identification code 086–0205–0–1–604
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0001
                      HOME Investment Program
                      961
                      1,027
                      153

                      0900
                      Total new obligations (object class 41.0)
                      961
                      1,027
                      153

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      235
                      232
                      153

                      1021
                      Recoveries of prior year unpaid obligations
                      9

                      1050
                      Unobligated balance (total)
                      244
                      232
                      153

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      950
                      948

                      1930
                      Total budgetary resources available
                      1,194
                      1,180
                      153

                      Memorandum (non-add) entries:

                      1940
                      Unobligated balance expiring
                      –1

                      1941
                      Unexpired unobligated balance, end of year
                      232
                      153

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      3,184
                      2,965
                      3,023

                      3010
                      New obligations, unexpired accounts
                      961
                      1,027
                      153

                      3011
                      Obligations ("upward adjustments"), expired accounts
                      2

                      3020
                      Outlays (gross)
                      –1,154
                      –969
                      –949

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –9

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –19

                      3050
                      Unpaid obligations, end of year
                      2,965
                      3,023
                      2,227

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      3,184
                      2,965
                      3,023

                      3200
                      Obligated balance, end of year
                      2,965
                      3,023
                      2,227

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      950
                      948

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      5
                      9

                      4011
                      Outlays from discretionary balances
                      1,149
                      960
                      949

                      4020
                      Outlays, gross (total)
                      1,154
                      969
                      949

                      4180
                      Budget authority, net (total)
                      950
                      948

                      4190
                      Outlays, net (total)
                      1,154
                      969
                      949

             The HOME Investment Partnerships Program (HOME) 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.

             The Budget does not request funding for HOME, and recognizes a greater role for State and local governments and the private
                sector in addressing community development and affordable housing needs. The Department will continue to administer the program
                until all existing grant funds are disbursed and closed. There are currently $2.9 billion of undisbursed HOME funds from 2016
                and earlier grants. HUD will also oversee projects assisted with HOME grants until the end of their affordability periods
                (projects are required to remain affordable for as long as 20 years from the date of completion). There are approximately
                25,400 rental projects containing 282,800 units, and 11,500 homebuyer units that are currently under regulatory compliance,
                and additionally, new projects that are currently underway will be placed in service over the next several years.

             Self-help and assisted homeownership opportunity program
          Note.—A full-year 2017 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
             budget assumes this account is operating under the Further Continuing Appropriations Act, 2017 (P.L. 114–254). The amounts
             included for 2017 reflect the annualized level provided by the continuing resolution.

          Program and Financing (in millions of dollars)

                      Identification code 086–0176–0–1–604
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0001
                      Self Help Housing Opportunity Program
                      10
                      10
                      10

                      0002
                      Capacity Building
                      35
                      35
                      35

                      0003
                      Rural Capacity Building
                      5
                      5
                      5

                      0007
                      Veteran Home Rehab and Mod Pilot

                      6
                      6

                      0900
                      Total new obligations (object class 41.0)
                      50
                      56
                      56

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      50
                      56
                      56

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      56
                      56

                      1930
                      Total budgetary resources available
                      106
                      112
                      56

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      56
                      56

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      90
                      86
                      92

                      3010
                      New obligations, unexpired accounts
                      50
                      56
                      56

                      3020
                      Outlays (gross)
                      –54
                      –50
                      –48

                      3050
                      Unpaid obligations, end of year
                      86
                      92
                      100

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      90
                      86
                      92

                      3200
                      Obligated balance, end of year
                      86
                      92
                      100

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      56
                      56

                      Outlays, gross:

                      4011
                      Outlays from discretionary balances
                      54
                      50
                      48

                      4180
                      Budget authority, net (total)
                      56
                      56

                      4190
                      Outlays, net (total)
                      54
                      50
                      48

             The Self-Help and Assisted Homeownership Opportunity Program (SHOP) account includes funding for the SHOP program, Capacity
                Building for Community Development and Affordable Housing (Section 4), rural capacity building, and a pilot home modification
                and rehabilitation program for disabled and low-income veterans.

             The 2018 Budget does not request funding for these programs. The Budget recognizes a greater role for State and local governments
                and the private sector in addressing community development and affordable housing needs. These programs are also duplicative
                or overlap with other Federal, State, and local efforts.

             Neighborhood Stabilization Program

             Program and Financing (in millions of dollars)

                      Identification code 086–0344–0–1–451
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0003
                      Disaster Assistance
                      2
                      20

                      0900
                      Total new obligations (object class 41.0)
                      2
                      20

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      15
                      20

                      1021
                      Recoveries of prior year unpaid obligations
                      7

                      1050
                      Unobligated balance (total)
                      22
                      20

                      1930
                      Total budgetary resources available
                      22
                      20

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      20

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      255
                      218
                      139

                      3010
                      New obligations, unexpired accounts
                      2
                      20

                      3020
                      Outlays (gross)
                      –32
                      –99
                      –71

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –7

                      3050
                      Unpaid obligations, end of year
                      218
                      139
                      68

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      255
                      218
                      139

                      3200
                      Obligated balance, end of year
                      218
                      139
                      68

                      Budget authority and outlays, net:

                      Mandatory:

                      Outlays, gross:

                      4101
                      Outlays from mandatory balances
                      32
                      99
                      71

                      4180
                      Budget authority, net (total)

                      4190
                      Outlays, net (total)
                      32
                      99
                      71

             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. In 2009, the American
                Recovery and Reinvestment Act (ARRA) made several changes to the NSP program as enacted by HERA and appropriated an additional
                $2 billion in funding for NSP2; these amounts are 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 April 2017, NSP grantees had expended (including program income) an amount equivalent to 119 percent of the total program
                funds allocated for all iterations of NSP. Grantees have approximately $213 million in NSP-generated program income that must
                be expended prior to drawing down the remaining grant funds that are reflected in this account. HUD is closely monitoring
                efforts to expend these funds consistent with NSP requirements and the Department is providing technical assistance to field
                offices and grantees to expedite closing out all grants.

             Homeless assistance grantsFor 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, $2,250,000,000, to remain available until September 30, 2020: 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 $1,980,000,000 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 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 none of the funds provided under this heading shall be available to provide funding for new projects, except for projects
                created through reallocation, unless the Secretary determines that the continuum of care has demonstrated that projects are
                evaluated and ranked based on the degree to which they improve the continuum of care's system performance: Provided further, That the Secretary shall prioritize funding under the Continuum of Care program to continuums of care that have demonstrated
                a capacity to reallocate funding from lower performing projects to higher performing projects:  Provided further, 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 2018:  Provided further, That youth aged 24 and under seeking assistance under this heading shall not be required to provide third party documentation
                to establish their eligibility under 42 U.S.C. 11302(a) or (b) to receive services: Provided further, That unaccompanied youth aged 24 and under or families headed by youth aged 24 and under who are living in unsafe situations
                may be served by youth-serving providers funded under this heading: Provided further, That the Secretary may use amounts made available under this heading for the Continuum of Care program to renew a grant
                originally awarded pursuant to the matter under the heading "Department of Housing and Urban Development—Permanent Supportive
                Housing" in chapter 6 of title III of the Supplemental Appropriations Act, 2008 (Public Law 110–252; 122 Stat. 2351) for assistance
                under subtitle F of title IV of the McKinney-Vento Homeless Assistance Act (42 U.S.C. 11403 et seq.): Provided further, That such renewal grant shall be awarded to the same grantee and be subject to the provisions of such Continuum of Care
                program except that the funds may be used outside the geographic area of the continuum of care.
          Note.—A full-year 2017 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
             budget assumes this account is operating under the Further Continuing Appropriations Act, 2017 (P.L. 114–254). The amounts
             included for 2017 reflect the annualized level provided by the continuing resolution.

          Program and Financing (in millions of dollars)

                      Identification code 086–0192–0–1–604
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0001
                      Continuum of Care
                      1,824
                      1,969
                      1,988

                      0002
                      Emergency Solutions Grants—Formula
                      285
                      261
                      259

                      0003
                      National Homeless Data Analysis Project
                      14
                      7
                      7

                      0005
                      Youth Demonstration

                      17
                      16

                      0006
                      Youth Technical Assistance
                      5

                      0799
                      Total direct obligations
                      2,128
                      2,254
                      2,270

                      0801
                      BJA Pay for Success Demonstration
                      9

                      0900
                      Total new obligations, unexpired accounts
                      2,137
                      2,254
                      2,270

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      2,098
                      2,236
                      2,244

                      1020
                      Adjustment of unobligated bal brought forward, Oct 1
                      5

                      1021
                      Recoveries of prior year unpaid obligations
                      195
                      16
                      13

                      1050
                      Unobligated balance (total)
                      2,298
                      2,252
                      2,257

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      2,250
                      2,246
                      2,250

                      1900
                      Budget authority (total)
                      2,250
                      2,246
                      2,250

                      1930
                      Total budgetary resources available
                      4,548
                      4,498
                      4,507

                      Memorandum (non-add) entries:

                      1940
                      Unobligated balance expiring
                      –175

                      1941
                      Unexpired unobligated balance, end of year
                      2,236
                      2,244
                      2,237

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      2,536
                      2,392
                      2,506

                      3001
                      Adjustments to unpaid obligations, brought forward, Oct 1
                      –5

                      3010
                      New obligations, unexpired accounts
                      2,137
                      2,254
                      2,270

                      3020
                      Outlays (gross)
                      –1,887
                      –2,124
                      –2,267

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –195
                      –16
                      –13

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –194

                      3050
                      Unpaid obligations, end of year
                      2,392
                      2,506
                      2,496

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      2,531
                      2,392
                      2,506

                      3200
                      Obligated balance, end of year
                      2,392
                      2,506
                      2,496

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      2,250
                      2,246
                      2,250

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      3
                      11
                      11

                      4011
                      Outlays from discretionary balances
                      1,884
                      2,113
                      2,256

                      4020
                      Outlays, gross (total)
                      1,887
                      2,124
                      2,267

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4033
                      Non-Federal sources
                      –1

                      4040
                      Offsets against gross budget authority  and outlays (total)
                      –1

                      Additional offsets against gross budget authority only:

                      4052
                      Offsetting collections credited to expired accounts
                      1

                      4070
                      Budget authority, net (discretionary)
                      2,250
                      2,246
                      2,250

                      4080
                      Outlays, net (discretionary)
                      1,886
                      2,124
                      2,267

                      4180
                      Budget authority, net (total)
                      2,250
                      2,246
                      2,250

                      4190
                      Outlays, net (total)
                      1,886
                      2,124
                      2,267

             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 2018 Budget provides a total of $2.25 billion for a wide range of activities to assist homeless persons and prevent future
                occurrences of homelessness. The Budget supports $1.988 billion for the CoC program, including funding for competitive renewals
                and new projects created through reallocation; $255 million for ESG formula funding for communities to address emergency needs
                such as emergency shelter, street outreach, essential services, homelessness prevention, and rapid rehousing; and $7 million
                for the National Homeless Data Analysis Project.

             The 2018 Budget sustains funding to support programs dedicated to ending homelessness, including persons experiencing chronic
                homelessness, veterans experiencing homelessness, and families, youth, and children experiencing homelessness.

             The 2018 Budget also proposes two legislative changes to: 1) allow CoC grantees to receive one-year transition grants, which
                will better allow projects to maintain service to program participants as those projects transition from one CoC program component
                to another (e.g., from transitional housing to permanent supportive housing) and 2) allow CoC grant recipients to count program
                income toward meeting matching requirements.

          Object Classification (in millions of dollars)

                      Identification code 086–0192–0–1–604
                      2016 actual
                      2017 est.
                      2018 est.

                      41.0
                      Direct obligations: Grants, subsidies, and contributions
                      2,128
                      2,254
                      2,270

                      99.0
                      Reimbursable obligations
                      9

                      99.9
                      Total new obligations, unexpired accounts
                      2,137
                      2,254
                      2,270

             Permanent Supportive Housing

             Program and Financing (in millions of dollars)

                      Identification code 086–0342–0–1–604
                      2016 actual
                      2017 est.
                      2018 est.

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      9
                      5
                      2

                      3020
                      Outlays (gross)
                      –4
                      –3
                      –2

                      3050
                      Unpaid obligations, end of year
                      5
                      2

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      9
                      5
                      2

                      3200
                      Obligated balance, end of year
                      5
                      2

                      Budget authority and outlays, net:

                      Discretionary:

                      Outlays, gross:

                      4011
                      Outlays from discretionary balances
                      4
                      3
                      2

                      4180
                      Budget authority, net (total)

                      4190
                      Outlays, net (total)
                      4
                      3
                      2

             The Supplemental Appropriations Act, 2008 (Public Law 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
                      2016 actual
                      2017 est.
                      2018 est.

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      3

                      1021
                      Recoveries of prior year unpaid obligations
                      1

                      1050
                      Unobligated balance (total)
                      4

                      Budget authority:

                      Appropriations, discretionary:

                      1131
                      Unobligated balance of appropriations permanently reduced
                      –4

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      6
                      4
                      2

                      3020
                      Outlays (gross)
                      –1
                      –2
                      –2

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –1

                      3050
                      Unpaid obligations, end of year
                      4
                      2

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      6
                      4
                      2

                      3200
                      Obligated balance, end of year
                      4
                      2

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      –4

                      Outlays, gross:

                      4011
                      Outlays from discretionary balances
                      1
                      2
                      2

                      4180
                      Budget authority, net (total)
                      –4

                      4190
                      Outlays, net (total)
                      1
                      2
                      2

             The Budget does not provide funding for the Rural Housing and Economic Development (RHED) program. RHED was created to support
                housing and economic development activities in rural communities. The Consolidated Appropriations Act, 2016 (Public Law 114–113)
                permanently rescinded all unobligated balances of RHED funds, including carryover and recaptures.

             Revolving Fund (liquidating Programs)

             Program and Financing (in millions of dollars)

                      Identification code 086–4015–0–3–451
                      2016 actual
                      2017 est.
                      2018 est.

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      10
                      10
                      9

                      3020
                      Outlays (gross)

                      –1
                      –1

                      3050
                      Unpaid obligations, end of year
                      10
                      9
                      8

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      10
                      10
                      9

                      3200
                      Obligated balance, end of year
                      10
                      9
                      8

                      Budget authority and outlays, net:

                      Mandatory:

                      Outlays, gross:

                      4101
                      Outlays from mandatory balances

                      1
                      1

                      4180
                      Budget authority, net (total)

                      4190
                      Outlays, net (total)

                      1
                      1

          Status of Direct Loans (in millions of dollars)

                      Identification code 086–4015–0–3–451
                      2016 actual
                      2017 est.
                      2018 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, recaptures, and lien releases in the portfolio. Any remaining unobligated
                balances in the account are returned to the Treasury annually.

          Balance Sheet (in millions of dollars)

                      Identification code 086–4015–0–3–451
                      2015 actual
                      2016 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

          Program and Financing (in millions of dollars)

                      Identification code 086–0198–0–1–451
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0707
                      Reestimates of loan guarantee subsidy

                      1

                      0900
                      Total new obligations (object class 33.0)

                      1

                      Budgetary resources:

                      Budget authority:

                      Appropriations, mandatory:

                      1200
                      Appropriation

                      1

                      1900
                      Budget authority (total)

                      1

                      1930
                      Total budgetary resources available

                      1

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      18
                      11
                      7

                      3010
                      New obligations, unexpired accounts

                      1

                      3020
                      Outlays (gross)
                      –3
                      –5
                      –3

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –4

                      3050
                      Unpaid obligations, end of year
                      11
                      7
                      4

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      18
                      11
                      7

                      3200
                      Obligated balance, end of year
                      11
                      7
                      4

                      Budget authority and outlays, net:

                      Discretionary:

                      Outlays, gross:

                      4011
                      Outlays from discretionary balances
                      3
                      4
                      3

                      Mandatory:

                      4090
                      Budget authority, gross

                      1

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority

                      1

                      4180
                      Budget authority, net (total)

                      1

                      4190
                      Outlays, net (total)
                      3
                      5
                      3

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

                      Identification code 086–0198–0–1–451
                      2016 actual
                      2017 est.
                      2018 est.

                      Guaranteed loan levels supportable by subsidy budget authority:

                      215003
                      Community Development Loan Guarantee (Fee)
                      85
                      150

                      215999
                      Total loan guarantee levels
                      85
                      150

                      Guaranteed loan subsidy (in percent):

                      232003
                      Community Development Loan Guarantee (Fee)
                      0.00
                      0.00
                      0.00

                      232999
                      Weighted average subsidy rate
                      0.00
                      0.00
                      0.00

                      Guaranteed loan subsidy outlays:

                      234001
                      Community development loan guarantee levels
                      3
                      4
                      3

                      234999
                      Total subsidy outlays
                      3
                      4
                      3

                      Guaranteed loan reestimates:

                      235001
                      Community development loan guarantee levels
                      –60
                      –9

                      235999
                      Total guaranteed loan reestimates
                      –60
                      –9

             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 Budget devolves community and economic development activities to the State and local level and does not request any new
                loan guarantee authority for Section 108 for 2018.

             Community Development Loan Guarantees Financing Account

             Program and Financing (in millions of dollars)

                      Identification code 086–4096–0–3–451
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0742
                      Downward reestimates paid to receipt accounts
                      34
                      4

                      0743
                      Interest on downward reestimates
                      26
                      6

                      0900
                      Total new obligations, unexpired accounts
                      60
                      10

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      134
                      80
                      78

                      Financing authority:

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      9
                      11
                      9

                      1801
                      Change in uncollected payments, Federal sources
                      –3
                      –3
                      –3

                      1850
                      Spending auth from offsetting collections, mand (total)
                      6
                      8
                      6

                      1930
                      Total budgetary resources available
                      140
                      88
                      84

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      80
                      78
                      84

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      New obligations, unexpired accounts
                      60
                      10

                      3020
                      Outlays (gross)
                      –60
                      –10

                      Uncollected payments:

                      3060
                      Uncollected pymts, Fed sources, brought forward, Oct 1
                      –20
                      –17
                      –14

                      3070
                      Change in uncollected pymts, Fed sources, unexpired
                      3
                      3
                      3

                      3090
                      Uncollected pymts, Fed sources, end of year
                      –17
                      –14
                      –11

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      –20
                      –17
                      –14

                      3200
                      Obligated balance, end of year
                      –17
                      –14
                      –11

                      Financing authority and disbursements, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      6
                      8
                      6

                      Financing disbursements:

                      4110
                      Outlays, gross (total)
                      60
                      10

                      Offsets against gross financing authority and disbursements:

                      Offsetting collections (collected) from:

                      4120
                      Federal Sources: Payments from Program Account
                      –3
                      –5
                      –3

                      4122
                      Interest on uninvested funds
                      –6
                      –6
                      –6

                      4130
                      Offsets against gross budget authority and outlays (total)
                      –9
                      –11
                      –9

                      Additional offsets against financing authority only (total):

                      4140
                      Change in uncollected pymts, Fed sources, unexpired
                      3
                      3
                      3

                      4170
                      Outlays, net (mandatory)
                      51
                      –1
                      –9

                      4180
                      Budget authority, net (total)

                      4190
                      Outlays, net (total)
                      51
                      –1
                      –9

          Status of Guaranteed Loans (in millions of dollars)

                      Identification code 086–4096–0–3–451
                      2016 actual
                      2017 est.
                      2018 est.

                      Position with respect to appropriations act limitation on commitments:

                      2111
                      Guaranteed loan commitments from current-year authority
                      85
                      150

                      2121
                      Limitation available from carry-forward

                      2142
                      Uncommitted loan guarantee limitation

                      2143
                      Uncommitted limitation carried forward

                      2150
                      Total guaranteed loan commitments
                      85
                      150

                      2199
                      Guaranteed amount of guaranteed loan commitments

                      150

                      Cumulative balance of guaranteed loans outstanding:

                      2210
                      Outstanding, start of year
                      2,011
                      1,707
                      1,855

                      2231
                      Disbursements of new guaranteed loans
                      112
                      312
                      233

                      2251
                      Repayments and prepayments
                      –416
                      –164
                      –177

                      2290
                      Outstanding, end of year
                      1,707
                      1,855
                      1,911

                      Memorandum:

                      2299
                      Guaranteed amount of guaranteed loans outstanding, end of year
                      1,707
                      1,855
                      1,911

          Balance Sheet (in millions of dollars)

                      Identification code 086–4096–0–3–451
                      2015 actual
                      2016 actual

                      ASSETS:

                      1101
                      Federal assets: Fund balances with Treasury
                      114
                      63

                      1999
                      Total assets
                      114
                      63

                      LIABILITIES:

                      2204
                      Non-Federal liabilities: Liabilities for loan guarantees
                      114
                      63

                      4999
                      Total liabilities and net position
                      114
                      63

             Community Development Loan Guarantees Liquidating Account

             Program and Financing (in millions of dollars)

                      Identification code 086–4097–0–3–451
                      2016 actual
                      2017 est.
                      2018 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

                      4180
                      Budget authority, net (total)

                      4190
                      Outlays, net (total)

          Status of Guaranteed Loans (in millions of dollars)

                      Identification code 086–4097–0–3–451
                      2016 actual
                      2017 est.
                      2018 est.

                      Cumulative balance of guaranteed loans outstanding:

                      2210
                      Outstanding, start of year
                      1
                      1
                      1

                      2251
                      Repayments and prepayments

                      2290
                      Outstanding, end of year
                      1
                      1
                      1

                      Memorandum:

                      2299
                      Guaranteed amount of guaranteed loans outstanding, end of year

          Balance Sheet (in millions of dollars)

                      Identification code 086–4097–0–3–451
                      2015 actual
                      2016 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
                      2016 actual
                      2017 est.
                      2018 est.

                      0100
                      Balance, start of year

                      12
                      15

                      Receipts:

                      Current law:

                      1130
                      Affordable Housing Allocation, Housing Trust Fund
                      186
                      222
                      220

                      Proposed:

                      1230
                      Affordable Housing Allocation, Housing Trust Fund

                      –220

                      1999
                      Total receipts
                      186
                      222

                      2000
                      Total: Balances and receipts
                      186
                      234
                      15

                      Appropriations:

                      Current law:

                      2101
                      Housing Trust Fund
                      –186
                      –222
                      –220

                      2103
                      Housing Trust Fund

                      –12
                      –15

                      2132
                      Housing Trust Fund
                      12
                      15

                      2199
                      Total current law appropriations
                      –174
                      –219
                      –235

                      Proposed:

                      2201
                      Housing Trust Fund

                      220

                      2999
                      Total appropriations
                      –174
                      –219
                      –15

                      5099
                      Balance, end of year
                      12
                      15

          Program and Financing (in millions of dollars)

                      Identification code 086–8560–0–7–604
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0001
                      Grants
                      3
                      191
                      220

                      0900
                      Total new obligations (object class 41.0)
                      3
                      191
                      220

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1

                      171
                      199

                      Budget authority:

                      Appropriations, mandatory:

                      1201
                      Appropriation (special or trust fund)
                      186
                      222
                      220

                      1203
                      Appropriation (previously unavailable)

                      12
                      15

                      1232
                      Appropriations and/or unobligated balance of appropriations temporarily reduced
                      –12
                      –15

                      1260
                      Appropriations, mandatory (total)
                      174
                      219
                      235

                      1930
                      Total budgetary resources available
                      174
                      390
                      434

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      171
                      199
                      214

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1

                      3
                      176

                      3010
                      New obligations, unexpired accounts
                      3
                      191
                      220

                      3020
                      Outlays (gross)

                      –18
                      –67

                      3050
                      Unpaid obligations, end of year
                      3
                      176
                      329

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year

                      3
                      176

                      3200
                      Obligated balance, end of year
                      3
                      176
                      329

                      Budget authority and outlays, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      174
                      219
                      235

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority

                      2
                      2

                      4101
                      Outlays from mandatory balances

                      16
                      65

                      4110
                      Outlays, gross (total)

                      18
                      67

                      4180
                      Budget authority, net (total)
                      174
                      219
                      235

                      4190
                      Outlays, net (total)

                      18
                      67

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

                      2016 actual
                      2017 est.
                      2018 est.

                      Enacted/requested:

                      Budget Authority
                      174
                      219
                      235

                      Outlays

                      18
                      67

                      Legislative proposal, subject to PAYGO:

                      Budget Authority

                      –220

                      Outlays

                      –2

                      Total:

                      Budget Authority
                      174
                      219
                      15

                      Outlays

                      18
                      65

             The Housing Trust Fund provides grants to States to increase and preserve the supply of affordable rental housing and homeownership
                opportunities for extremely low-income families. 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 but reinstated them effective January 2015. The 2018 Budget includes a legislative proposal to eliminate
                the assessment and discontinue funding for the Housing Trust Fund.

             Housing Trust Fund

             (Legislative proposal, subject to PAYGO)Program and Financing (in millions of dollars)

                      Identification code 086–8560–4–7–604
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0001
                      Grants

                      –6

                      0900
                      Total new obligations (object class 41.0)

                      –6

                      Budgetary resources:

                      Budget authority:

                      Appropriations, mandatory:

                      1201
                      Appropriation (special or trust fund)

                      –220

                      1930
                      Total budgetary resources available

                      –220

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year

                      –214

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      New obligations, unexpired accounts

                      –6

                      3020
                      Outlays (gross)

                      2

                      3050
                      Unpaid obligations, end of year

                      –4

                      Memorandum (non-add) entries:

                      3200
                      Obligated balance, end of year

                      –4

                      Budget authority and outlays, net:

                      Mandatory:

                      4090
                      Budget authority, gross

                      –220

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority

                      –2

                      4180
                      Budget authority, net (total)

                      –220

                      4190
                      Outlays, net (total)

                      –2

             Housing Programs

             Federal Funds
             Project-based rental assistanceFor 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, $10,351,100,000, to remain available until September 30, 2020, shall be available on October 1, 2017 (in addition to the $400,000,000 previously appropriated under this heading that became available October 1, 2017), and $400,000,000, to remain available until September 30, 2021, shall be available on October 1, 2018: Provided, That the amounts made available under this heading shall be available for expiring or terminating section 8 project-based
                subsidy contracts (including section 8 moderate rehabilitation contracts), for amendments to section 8 project-based subsidy
                contracts (including section 8 moderate rehabilitation contracts), for contracts entered into pursuant to section 441 of the
                McKinney-Vento Homeless Assistance Act (42 U.S.C. 11401), for renewal of section 8 contracts for units in projects that are
                subject to approved plans of action under the Emergency Low Income Housing Preservation Act of 1987 or the Low-Income Housing
                Preservation and Resident Homeownership Act of 1990, and for administrative and other expenses associated with project-based
                activities and assistance funded under this paragraph: Provided further, That of the total amounts provided under this heading, not to exceed $285,000,000 shall be available 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.
          Note.—A full-year 2017 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
             budget assumes this account is operating under the Further Continuing Appropriations Act, 2017 (P.L. 114–254). The amounts
             included for 2017 reflect the annualized level provided by the continuing resolution.

          Program and Financing (in millions of dollars)

                      Identification code 086–0303–0–1–604
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0001
                      Contract Renewals
                      9,556
                      9,999
                      9,802

                      0002
                      RAD Contract Renewals
                      64
                      113
                      139

                      0003
                      Section 8 Amendments
                      539
                      527
                      431

                      0004
                      Contract Administrators
                      242
                      221
                      285

                      0006
                      Tenant Information and Outreach
                      4
                      4
                      3

                      0008
                      Mod Rehab and SRO Renewals
                      275
                      260
                      230

                      0900
                      Total new obligations (object class 41.0)
                      10,680
                      11,124
                      10,890

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      328
                      411

                      1011
                      Unobligated balance transfer from other acct [086–0206]
                      30
                      20

                      1021
                      Recoveries of prior year unpaid obligations
                      59

                      1050
                      Unobligated balance (total)
                      417
                      431

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      10,220
                      10,200
                      10,351

                      1121
                      Appropriations transferred from other acct [086–0163]
                      34
                      48
                      93

                      1121
                      Appropriations transferred from other acct [086–0304]
                      9
                      15
                      32

                      1121
                      Appropriations transferred from other acct [086–0206]
                      11
                      30
                      14

                      1160
                      Appropriation, discretionary (total)
                      10,274
                      10,293
                      10,490

                      Advance appropriations, discretionary:

                      1170
                      Advance appropriation
                      400
                      400
                      400

                      1900
                      Budget authority (total)
                      10,674
                      10,693
                      10,890

                      1930
                      Total budgetary resources available
                      11,091
                      11,124
                      10,890

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      411

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      4,476
                      4,430
                      4,790

                      3010
                      New obligations, unexpired accounts
                      10,680
                      11,124
                      10,890

                      3020
                      Outlays (gross)
                      –10,667
                      –10,764
                      –10,941

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –59

                      3050
                      Unpaid obligations, end of year
                      4,430
                      4,790
                      4,739

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      4,476
                      4,430
                      4,790

                      3200
                      Obligated balance, end of year
                      4,430
                      4,790
                      4,739

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      10,674
                      10,693
                      10,890

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      6,135
                      6,164
                      6,274

                      4011
                      Outlays from discretionary balances
                      4,532
                      4,600
                      4,667

                      4020
                      Outlays, gross (total)
                      10,667
                      10,764
                      10,941

                      4180
                      Budget authority, net (total)
                      10,674
                      10,693
                      10,890

                      4190
                      Outlays, net (total)
                      10,667
                      10,764
                      10,941

             The Budget requests $10.751 billion for Project-Based Rental Assistance (PBRA), of which $400 million is requested as an advance
                appropriation to become available in 2019. 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 17,250 contracts
                with private owners of multifamily housing by paying the difference between a portion of a household's income and the approved
                market-based rent for a housing unit. The Budget continues to support the program's calendar year funding cycle and provides
                12 months of funding for all contracts. Further, the Budget proposes a set of policies to reduce costs while continuing to
                assist current residents. These policies serve as a starting point as the Administration works towards a more comprehensive
                package of rental assistance reforms. The proposals include increased tenant rent contributions, the establishment of mandatory
                minimum rents, and the end of utility allowance reimbursements, among others.

             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 (PBCAs). 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. In 2018, the Budget requests up to $285 million for PBCAs from the PBRA account, in addition to $30
                million in anticipated recaptures in the Housing Certificate Fund to supplement the requested appropriation.

             Tenant Resource Network.—The Budget provides up to $3 million in 2018 for technical assistance to tenant groups, nonprofit groups, and public entities
                to support tenants of troubled properties, and improve tenant access to community services in order to support self-sufficiency.

             Housing for the elderlyFor 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, $510,000,000 to remain available until September 30, 2021: Provided, That of the amount provided under this heading, up to $90,000,000 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, shall be remitted to the Department and deposited in this account,
                to be available until September 30, 2021: 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: Provided further, That up to $35,000,000 of any amounts made available under this heading, including recaptures, carryover,
                   and residual receipts, may be transferred to and merged with amounts made available under the heading "Housing for Persons
                   with Disabilities", and any such transferred and merged amounts may be transferred back and merged with amounts made available
                   under this heading.
          Note.—A full-year 2017 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
             budget assumes this account is operating under the Further Continuing Appropriations Act, 2017 (P.L. 114–254). The amounts
             included for 2017 reflect the annualized level provided by the continuing resolution.

          Program and Financing (in millions of dollars)

                      Identification code 086–0320–0–1–604
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0001
                      Capital Advance Amendments and Expenses
                      4
                      14
                      10

                      0002
                      PRAC Renewal/Amendment
                      366
                      408
                      385

                      0003
                      Service Coordinators/Congregate Services
                      58
                      123
                      90

                      0006
                      Senior Preservation Rental Assistance Contracts
                      8
                      9

                      0007
                      PRAD

                      20

                      0799
                      Total direct obligations
                      436
                      574
                      485

                      0801
                      Housing for the Elderly (Reimbursable)
                      1

                      0900
                      Total new obligations, unexpired accounts
                      437
                      574
                      485

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      151
                      159
                      18

                      1021
                      Recoveries of prior year unpaid obligations
                      2

                      1050
                      Unobligated balance (total)
                      153
                      159
                      18

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      433
                      432
                      510

                      Spending authority from offsetting collections, discretionary:

                      1700
                      Collected
                      9
                      1

                      1701
                      Change in uncollected payments, Federal sources
                      1

                      1750
                      Spending auth from offsetting collections, disc (total)
                      10
                      1

                      1900
                      Budget authority (total)
                      443
                      433
                      510

                      1930
                      Total budgetary resources available
                      596
                      592
                      528

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      159
                      18
                      43

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      1,432
                      1,103
                      982

                      3010
                      New obligations, unexpired accounts
                      437
                      574
                      485

                      3020
                      Outlays (gross)
                      –730
                      –695
                      –661

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –2

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –34

                      3050
                      Unpaid obligations, end of year
                      1,103
                      982
                      806

                      Uncollected payments:

                      3060
                      Uncollected pymts, Fed sources, brought forward, Oct 1

                      –1
                      –1

                      3070
                      Change in uncollected pymts, Fed sources, unexpired
                      –1

                      3090
                      Uncollected pymts, Fed sources, end of year
                      –1
                      –1
                      –1

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      1,432
                      1,102
                      981

                      3200
                      Obligated balance, end of year
                      1,102
                      981
                      805

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      443
                      433
                      510

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      100
                      87
                      102

                      4011
                      Outlays from discretionary balances
                      630
                      608
                      559

                      4020
                      Outlays, gross (total)
                      730
                      695
                      661

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4030
                      Federal sources:

                      –1

                      4033
                      Non-Federal sources
                      –9

                      4040
                      Offsets against gross budget authority  and outlays (total)
                      –9
                      –1

                      Additional offsets against gross budget authority only:

                      4050
                      Change in uncollected pymts, Fed sources, unexpired
                      –1

                      4070
                      Budget authority, net (discretionary)
                      433
                      432
                      510

                      4080
                      Outlays, net (discretionary)
                      721
                      694
                      661

                      4180
                      Budget authority, net (total)
                      433
                      432
                      510

                      4190
                      Outlays, net (total)
                      721
                      694
                      661

             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 the frail elderly. The Budget provides $510 million for this program, including
                $417 million to renew and amend operating subsidy contracts for existing Section 202 housing, $90 million to support service
                coordinators who work on-site to help residents obtain critical services, and $3 million for property inspections and related
                expenses. Consistent with the 2016 Appropriations Act, the request for contract renewals and amendments under this account
                includes amounts for Senior Preservation Rental Assistance Contracts (SPRACs). HUD will continue the implementation of a five-year
                Supportive Services Demonstration in HUD-Assisted Multifamily Housing for the Elderly with funding provided for this purpose
                as authorized in 2014; no additional funding is requested. This Demonstration will test and evaluate an enhanced supportive
                services model in independent living multifamily housing developments predominantly occupied by elderly persons. The goal
                of this Demonstration is to delay or avoid institutional care, expand and support residents' self-care management capacity,
                enhance access and use of health and social services, improve housing stability, and improve resident well-being and quality
                of life. The Budget supports preservation of Section 202 properties through the expansion of the Rental Assistance Demonstration
                program to include elderly properties developed through the Capital Advance program. The Budget also seeks renewed authority
                to make better use of existing resources. HUD will identify residual receipts collections, recaptures, and other unobligated
                balances to redirect as additional investments in SPRACs, Service Coordinators, or other authorized purposes.

             Further, the Budget proposes a set of policies to reduce costs while continuing to assist current residents. These policies
                serve as a starting point as the Administration works towards a more comprehensive package of rental assistance reforms. The
                proposals include increased tenant rent contributions, the establishment of mandatory minimum rents, and the end of utility
                allowance reimbursements, among others.

          Object Classification (in millions of dollars)

                      Identification code 086–0320–0–1–604
                      2016 actual
                      2017 est.
                      2018 est.

                      41.0
                      Direct obligations: Grants, subsidies, and contributions
                      436
                      574
                      485

                      99.0
                      Reimbursable obligations
                      1

                      99.9
                      Total new obligations, unexpired accounts
                      437
                      574
                      485

             Housing for persons with disabilitiesFor 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), as amended, and 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, $121,300,000, to remain available until September 30, 2021: 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,  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, 2021: 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: Provided further, That up to $35,000,000 of any amounts made available under this heading, including recaptures, carryover,
                   and residual receipts, may be transferred to and merged with amounts made available under the heading "Housing for the Elderly",
                   and any such transferred and merged amounts may be transferred back and merged with amounts made available under this heading.
          Note.—A full-year 2017 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
             budget assumes this account is operating under the Further Continuing Appropriations Act, 2017 (P.L. 114–254). The amounts
             included for 2017 reflect the annualized level provided by the continuing resolution.

          Program and Financing (in millions of dollars)

                      Identification code 086–0237–0–1–604
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0001
                      Capital Advance Amendments and Expenses
                      2
                      10
                      7

                      0002
                      PRAC/PAC Renewals and Amendments
                      120
                      158
                      140

                      0004
                      State Housing Project Rental Assistance
                      67
                      3

                      0799
                      Total direct obligations
                      189
                      171
                      147

                      0900
                      Total new obligations, unexpired accounts (object class 41.0)
                      189
                      171
                      147

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      104
                      72
                      51

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      151
                      150
                      121

                      Spending authority from offsetting collections, discretionary:

                      1700
                      Collected
                      6

                      1900
                      Budget authority (total)
                      157
                      150
                      121

                      1930
                      Total budgetary resources available
                      261
                      222
                      172

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      72
                      51
                      25

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      525
                      533
                      519

                      3010
                      New obligations, unexpired accounts
                      189
                      171
                      147

                      3020
                      Outlays (gross)
                      –177
                      –185
                      –175

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –4

                      3050
                      Unpaid obligations, end of year
                      533
                      519
                      491

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      525
                      533
                      519

                      3200
                      Obligated balance, end of year
                      533
                      519
                      491

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      157
                      150
                      121

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      29
                      20
                      16

                      4011
                      Outlays from discretionary balances
                      148
                      165
                      159

                      4020
                      Outlays, gross (total)
                      177
                      185
                      175

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4033
                      Non-Federal sources
                      –6

                      4180
                      Budget authority, net (total)
                      151
                      150
                      121

                      4190
                      Outlays, net (total)
                      171
                      185
                      175

             Since 1992, the Housing for Persons with Disabilities program (Section 811) has supported the development of supportive housing
                for very low-income people with disabilities. The Budget provides $121.3 million for this program, including $119.3 million
                to renew and amend operating subsidy contracts for existing Section 811 housing, and up to $2 million for property inspections
                and related expenses. The Budget continues authorities to make better use of existing resources, which allows HUD to identify
                residual receipts collections, recaptures, and other unobligated balances to redirect as additional investments for purposes
                authorized under the heading.

             Further, the Budget proposes a set of policies to reduce costs while continuing to assist current residents. These policies
                serve as a starting point as the Administration works towards a more comprehensive package of rental assistance reforms. The
                proposals include increased tenant rent contributions, the establishment of mandatory minimum rents, and the end of utility
                allowance reimbursements, among others.

             Housing counseling assistanceFor 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, to remain available until September 30, 2019, including up to $4,500,000 for administrative contract services: Provided, That funds shall be used for providing counseling and advice to tenants and homeowners, both current and prospective, with
                respect to property maintenance, financial management/literacy, and such other matters as may be appropriate to assist them
                in improving their housing conditions, meeting their financial needs, and fulfilling the responsibilities of tenancy or homeownership;
                for program administration; and for housing counselor training: Provided further, That for purposes of providing such grants from amounts provided under this heading, the Secretary may enter into multiyear
                agreements as appropriate, subject to the availability of annual appropriations.
          Note.—A full-year 2017 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
             budget assumes this account is operating under the Further Continuing Appropriations Act, 2017 (P.L. 114–254). The amounts
             included for 2017 reflect the annualized level provided by the continuing resolution.

          Program and Financing (in millions of dollars)

                      Identification code 086–0156–0–1–604
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0001
                      Housing Counseling Assistance
                      43
                      43
                      43

                      0002
                      Administrative Contract Services
                      4
                      4
                      4

                      0900
                      Total new obligations, unexpired accounts
                      47
                      47
                      47

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      2
                      2
                      2

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      47
                      47
                      47

                      1930
                      Total budgetary resources available
                      49
                      49
                      49

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      2
                      2
                      2

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      39
                      49
                      53

                      3010
                      New obligations, unexpired accounts
                      47
                      47
                      47

                      3020
                      Outlays (gross)
                      –37
                      –43
                      –44

                      3050
                      Unpaid obligations, end of year
                      49
                      53
                      56

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      39
                      49
                      53

                      3200
                      Obligated balance, end of year
                      49
                      53
                      56

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      47
                      47
                      47

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      2
                      25
                      25

                      4011
                      Outlays from discretionary balances
                      35
                      18
                      19

                      4020
                      Outlays, gross (total)
                      37
                      43
                      44

                      4180
                      Budget authority, net (total)
                      47
                      47
                      47

                      4190
                      Outlays, net (total)
                      37
                      43
                      44

             The Housing Counseling Assistance Program provides: 1) comprehensive housing counseling services to eligible homeowners and
                tenants through grants, oversight, and technical assistance; and 2) training to housing counselors and staff of government
                or non-profit entities that participate in HUD's Housing Counseling Program. Eligible Housing Counseling Program services
                include group education and individualized housing counseling on pre-and post-purchase homeownership budgeting and financial
                management, reverse mortgage counseling, homelessness prevention, rental counseling, and avoiding discrimination, foreclosure,
                and eviction. The objectives of the Housing Counseling program include overcoming barriers to stable and affordable housing;
                expanding sustainable homeownership and rental opportunities; preventing foreclosure and eviction; and deterring discrimination,
                scams, and fraud.

             The 2018 Budget includes $47 million for this program; the bulk of which funds grants to HUD-approved Housing Counseling agencies
                for direct services. The Office of Housing Counseling intends to increase awareness and visibility of the program as it implements
                individual testing and certification for housing counselors. As the economy improves and the number of first-time homebuyers
                increases, the need and demand for housing counseling will increase as well.

             The Housing Counseling Federal Advisory Committee, launched in 2016, is focused on greater awareness, financial sustainability,
                and integrating housing counseling into the mortgage process. Further, the Office of Housing Counseling is continuing to streamline
                program requirements and reduce administrative burdens. For example, it plans to continue to conduct grant competitions every
                two years rather than every year—an innovation authorized by Congress which has saved housing counseling agencies between
                40 and 200 hours of time without any increase in risk of waste or misuse. HUD expects to make further program improvements
                as results are published from its First-Time Homebuyer Demonstration, a large-scale, randomized experiment to measure the
                long-term impact of housing counseling and education.

          Object Classification (in millions of dollars)

                      Identification code 086–0156–0–1–604
                      2016 actual
                      2017 est.
                      2018 est.

                      Direct obligations:

                      25.2
                      Other services from non-Federal sources
                      4
                      4
                      4

                      41.0
                      Grants, subsidies, and contributions
                      43
                      43
                      43

                      99.9
                      Total new obligations, unexpired accounts
                      47
                      47
                      47

             Energy Innovation Fund

             Program and Financing (in millions of dollars)

                      Identification code 086–0401–0–1–272
                      2016 actual
                      2017 est.
                      2018 est.

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      17

                      3020
                      Outlays (gross)
                      –4

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –13

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      17

                      Budget authority and outlays, net:

                      Discretionary:

                      Outlays, gross:

                      4011
                      Outlays from discretionary balances
                      4

                      4180
                      Budget authority, net (total)

                      4190
                      Outlays, net (total)
                      4

             The Energy Innovation Fund provided support for local initiatives that could be replicated across the Nation, and stimulated
                and enhanced 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
                      2016 actual
                      2017 est.
                      2018 est.

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      252
                      328
                      328

                      1021
                      Recoveries of prior year unpaid obligations
                      76

                      1050
                      Unobligated balance (total)
                      328
                      328
                      328

                      1930
                      Total budgetary resources available
                      328
                      328
                      328

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      328
                      328
                      328

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      80
                      3
                      2

                      3020
                      Outlays (gross)
                      –1
                      –1
                      –1

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –76

                      3050
                      Unpaid obligations, end of year
                      3
                      2
                      1

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      80
                      3
                      2

                      3200
                      Obligated balance, end of year
                      3
                      2
                      1

                      Budget authority and outlays, net:

                      Mandatory:

                      Outlays, gross:

                      4101
                      Outlays from mandatory balances
                      1
                      1
                      1

                      4180
                      Budget authority, net (total)

                      4190
                      Outlays, net (total)
                      1
                      1
                      1

             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
                      2016 actual
                      2017 est.
                      2018 est.

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      31
                      31
                      32

                      Financing authority:

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Positive Subsidy
                      1
                      1
                      1

                      1825
                      Spending authority from offsetting collections applied to repay debt
                      –1

                      1850
                      Spending auth from offsetting collections, mand (total)

                      1
                      1

                      1930
                      Total budgetary resources available
                      31
                      32
                      33

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      31
                      32
                      33

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      1
                      1
                      1

                      3050
                      Unpaid obligations, end of year
                      1
                      1
                      1

                      Uncollected payments:

                      3060
                      Uncollected pymts, Fed sources, brought forward, Oct 1
                      –31
                      –31
                      –31

                      3090
                      Uncollected pymts, Fed sources, end of year
                      –31
                      –31
                      –31

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      –30
                      –30
                      –30

                      3200
                      Obligated balance, end of year
                      –30
                      –30
                      –30

                      Financing authority and disbursements, net:

                      Mandatory:

                      4090
                      Budget authority, gross

                      1
                      1

                      Offsets against gross financing authority and disbursements:

                      Offsetting collections (collected) from:

                      4123
                      Repayments of principal, net
                      –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 086–4357–0–3–371
                      2016 actual
                      2017 est.
                      2018 est.

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year
                      50
                      35
                      20

                      1251
                      Repayments: Repayments and prepayments
                      –1
                      –1
                      –1

                      1263
                      Write-offs for default: Direct loans
                      –14
                      –14
                      –14

                      1290
                      Outstanding, end of year
                      35
                      20
                      5

          Balance Sheet (in millions of dollars)

                      Identification code 086–4357–0–3–371
                      2015 actual
                      2016 actual

                      ASSETS:

                      1101
                      Federal assets: Fund balances with Treasury
                      2
                      1

                      Net value of assets related to post-1991 direct loans receivable:

                      1401
                      Direct loans receivable, gross
                      50
                      35

                      1405
                      Allowance for subsidy cost (-)
                      –50
                      –35

                      1499
                      Net present value of assets related to direct loans

                      1999
                      Total assets
                      2
                      1

                      LIABILITIES:

                      2103
                      Federal liabilities: Debt payable to Treasury
                      2
                      1

                      4999
                      Total upward reestimate subsidy BA [86–0407]
                      2
                      1

             Other Assisted Housing Programs
             Rental housing assistanceFor 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, $14,000,000, 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.
          Note.—A full-year 2017 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
             budget assumes this account is operating under the Further Continuing Appropriations Act, 2017 (P.L. 114–254). The amounts
             included for 2017 reflect the annualized level provided by the continuing resolution.

          Program and Financing (in millions of dollars)

                      Identification code 086–0206–0–1–999
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0001
                      Rent supplement
                      9
                      3
                      2

                      0002
                      Homeownership and rental housing assistance (Sections 235 and 236)
                      25
                      7
                      5

                      0900
                      Total new obligations (object class 41.0)
                      34
                      10
                      7

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      68
                      50
                      20

                      1010
                      Unobligated balance transfer to other accts [086–0303]
                      –30
                      –20

                      1021
                      Recoveries of prior year unpaid obligations
                      26

                      1033
                      Recoveries of prior year paid obligations
                      1

                      1050
                      Unobligated balance (total)
                      65
                      30
                      20

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      30
                      30
                      14

                      1120
                      Appropriations transferred to other acct [086–0303]
                      –11
                      –30
                      –14

                      1160
                      Appropriation, discretionary (total)
                      19

                      1900
                      Budget authority (total)
                      19

                      1930
                      Total budgetary resources available
                      84
                      30
                      20

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      50
                      20
                      13

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      959
                      749
                      584

                      3010
                      New obligations, unexpired accounts
                      34
                      10
                      7

                      3020
                      Outlays (gross)
                      –218
                      –175
                      –133

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –26

                      3050
                      Unpaid obligations, end of year
                      749
                      584
                      458

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      959
                      749
                      584

                      3200
                      Obligated balance, end of year
                      749
                      584
                      458

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      19

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      6

                      4011
                      Outlays from discretionary balances
                      212
                      175
                      133

                      4020
                      Outlays, gross (total)
                      218
                      175
                      133

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4033
                      Non-Federal sources
                      –1

                      4040
                      Offsets against gross budget authority  and outlays (total)
                      –1

                      Additional offsets against gross budget authority only:

                      4053
                      Recoveries of prior year paid obligations, unexpired accounts
                      1

                      4070
                      Budget authority, net (discretionary)
                      19

                      4080
                      Outlays, net (discretionary)
                      217
                      175
                      133

                      4180
                      Budget authority, net (total)
                      19

                      4190
                      Outlays, net (total)
                      217
                      175
                      133

             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 (Public Law 98–181) authorized a restructured Section 235 (Homeownership
                Assistance) program that provided homeowners a ten-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) enables owners of properties with
                expiring Rent Supplement or RAP contracts to convert their assistance to long-term, project-based Section 8 contracts. HUD
                projects that the majority of the remaining Rent Supplement and RAP contracts will convert via RAD by the end of 2018, leaving
                fewer than 1,000 units in the portfolio.

             Homeownership and Opportunity for People Everywhere Grants (HOPE Grants)

             Program and Financing (in millions of dollars)

                      Identification code 086–0196–0–1–604
                      2016 actual
                      2017 est.
                      2018 est.

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      1

                      Budget authority:

                      Appropriations, discretionary:

                      1131
                      Unobligated balance of appropriations permanently reduced
                      –1

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      –1

                      4180
                      Budget authority, net (total)
                      –1

                      4190
                      Outlays, net (total)

             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 had 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
                      2016 actual
                      2017 est.
                      2018 est.

                      Direct loan reestimates:

                      135001
                      Energy Retrofit Loans
                      –13
                      –7

             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 (Public Law 111–5),
                and the authority to make new awards has expired. 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
                      2016 actual
                      2017 est.
                      2018 est.

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      8
                      10
                      12

                      Budget authority:

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      2
                      2
                      2

                      1930
                      Total budgetary resources available
                      10
                      12
                      14

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      10
                      12
                      14

                      Budget authority and outlays, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      2
                      2
                      2

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4123
                      Non-Federal sources
                      –2
                      –2
                      –2

                      4180
                      Budget authority, net (total)

                      4190
                      Outlays, net (total)
                      –2
                      –2
                      –2

             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
                      2016 actual
                      2017 est.
                      2018 est.

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      379
                      432
                      478

                      Budget authority:

                      Spending authority from offsetting collections, discretionary:

                      1700
                      Collected
                      53
                      46
                      46

                      1930
                      Total budgetary resources available
                      432
                      478
                      524

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      432
                      478
                      524

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      53
                      46
                      46

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4033
                      Non-Federal sources
                      –53
                      –46
                      –46

                      4040
                      Offsets against gross budget authority  and outlays (total)
                      –53
                      –46
                      –46

                      4180
                      Budget authority, net (total)

                      4190
                      Outlays, net (total)
                      –53
                      –46
                      –46

                      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
                      2016 actual
                      2017 est.
                      2018 est.

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year
                      428
                      405
                      372

                      1251
                      Repayments: Repayments and prepayments
                      –38
                      –33
                      –33

                      1264
                      Write-offs for default: Other adjustments: to reflect actual outstanding balance of loans, net (+ or -)
                      15

                      1290
                      Outstanding, end of year
                      405
                      372
                      339

             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
                      2015 actual
                      2016 actual

                      ASSETS:

                      1101
                      Federal assets: Fund balances with Treasury
                      380
                      433

                      1601
                      Direct loans, gross
                      428
                      405

                      1602
                      Interest receivable
                      79
                      64

                      1603
                      Allowance for estimated uncollectible loans and interest (-)
                      –46
                      –52

                      1699
                      Value of assets related to direct loans
                      461
                      417

                      1999
                      Total assets
                      841
                      850

                      NET POSITION:

                      3100
                      Unexpended appropriations
                      380
                      376

                      3300
                      Cumulative results of operations
                      461
                      474

                      3999
                      Total net position
                      841
                      850

                      4999
                      Total liabilities and net position
                      841
                      850

             Flexible Subsidy Fund Program Account

             Flexible Subsidy Fund, Direct Loan Financing Account

             Home Ownership Preservation Equity Fund Program Account

             Program and Financing (in millions of dollars)

                      Identification code 086–0343–0–1–371
                      2016 actual
                      2017 est.
                      2018 est.

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      461
                      7
                      7

                      1029
                      Other balances withdrawn to Treasury
                      –455

                      1033
                      Recoveries of prior year paid obligations
                      1

                      1050
                      Unobligated balance (total)
                      7
                      7
                      7

                      1930
                      Total budgetary resources available
                      7
                      7
                      7

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      7
                      7
                      7

                      Budget authority and outlays, net:

                      Mandatory:

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4120
                      Federal sources
                      –1

                      Additional offsets against gross budget authority only:

                      4143
                      Recoveries of prior year paid obligations, unexpired accounts
                      1

                      4170
                      Outlays, net (mandatory)
                      –1

                      4180
                      Budget authority, net (total)

                      4190
                      Outlays, net (total)
                      –1

             The HOPE for Homeowners program was created by the Housing and Economic Recovery Act of 2008 to help homeowners at risk of
                default and foreclosure refinance into 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 $455 million were
                transferred to the HOPE Reserve Fund, and 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
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0711
                      Default claim payments on principal
                      1
                      3
                      3

                      0712
                      Default claim payments on interest
                      1
                      1
                      1

                      0900
                      Total new obligations, unexpired accounts
                      2
                      4
                      4

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      15
                      15
                      14

                      Financing authority:

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      2
                      3
                      3

                      1930
                      Total budgetary resources available
                      17
                      18
                      17

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      15
                      14
                      13

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      1

                      3010
                      New obligations, unexpired accounts
                      2
                      4
                      4

                      3020
                      Outlays (gross)
                      –3
                      –4
                      –4

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      1

                      Financing authority and disbursements, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      2
                      3
                      3

                      Financing disbursements:

                      4110
                      Outlays, gross (total)
                      3
                      4
                      4

                      Offsets against gross financing authority and disbursements:

                      Offsetting collections (collected) from:

                      4123
                      Premiums
                      –1
                      –2
                      –2

                      4123
                      Recoveries on defaults
                      –1
                      –1
                      –1

                      4130
                      Offsets against gross budget authority and outlays (total)
                      –2
                      –3
                      –3

                      4170
                      Outlays, net (mandatory)
                      1
                      1
                      1

                      4180
                      Budget authority, net (total)

                      4190
                      Outlays, net (total)
                      1
                      1
                      1

          Status of Guaranteed Loans (in millions of dollars)

                      Identification code 086–4353–0–3–371
                      2016 actual
                      2017 est.
                      2018 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
                      101
                      98
                      95

                      2251
                      Repayments and prepayments

                      Adjustments:

                      2261
                      Terminations for default that result in loans receivable

                      2262
                      Terminations for default that result in acquisition of property
                      –3
                      –3
                      –3

                      2263
                      Terminations for default that result in claim payments

                      2290
                      Outstanding, end of year
                      98
                      95
                      92

                      Memorandum:

                      2299
                      Guaranteed amount of guaranteed loans outstanding, end of year
                      98
                      95
                      92

                      Addendum:

                      Cumulative balance of defaulted guaranteed loans that result in loans receivable:

                      2310
                      Outstanding, start of year
                      2
                      5
                      5

                      2331
                      Disbursements for guaranteed loan claims
                      3

                      2390
                      Outstanding, end of year
                      5
                      5
                      5

          Balance Sheet (in millions of dollars)

                      Identification code 086–4353–0–3–371
                      2015 actual
                      2016 actual

                      ASSETS:

                      1101
                      Federal assets: Fund balances with Treasury
                      16
                      16

                      Net value of assets related to post-1991 acquired defaulted guaranteed loans receivable:

                      1501
                      Defaulted guaranteed loans receivable, gross
                      2
                      5

                      1504
                      Foreclosed property
                      7
                      1

                      1505
                      Allowance for subsidy cost (-)
                      –2
                      –5

                      1599
                      Net present value of assets related to defaulted guaranteed loans
                      7
                      1

                      1999
                      Total assets
                      23
                      17

                      LIABILITIES:

                      2204
                      Non-Federal liabilities: Liabilities for loan guarantees
                      23
                      17

                      4999
                      Total liabilities and net position
                      23
                      17

             FHA-Mutual mortgage insurance program accountNew 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, 2019: Provided, That during fiscal year 2018, obligations to make direct loans to carry out the purposes of section 204(g) of the National Housing Act, as amended, shall
                not exceed $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 for administrative contract expenses of the Federal Housing Administration, $160,000,000, to remain available until September 30, 2019, of which up to $30,000,000 may be used for necessary salaries
                   and expenses and information technology systems of the Federal Housing Administration, and shall be in addition to amounts
                   otherwise provided under this title for such purposes: Provided further, That any amounts made available for salaries and
                   expenses pursuant to the previous proviso shall be transferred to the "Housing" account under this title for such purposes
                   and shall remain available until September 30, 2019, and any amounts to be used for information technology purposes pursuant
                   to the previous proviso shall be transferred to the "Information Technology Fund" account under this title for such purposes
                   and shall remain available until September 30, 2019: Provided further, That any amounts transferred pursuant to the previous
                   proviso may be transferred back to this account and  shall remain available until September 30, 2019: Provided further, That to the extent guaranteed loan commitments exceed $200,000,000,000 on or before April 1, 2018, 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 222 of this title, shall be credited as offsetting collections to this account.
          Note.—A full-year 2017 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
             budget assumes this account is operating under the Further Continuing Appropriations Act, 2017 (P.L. 114–254). The amounts
             included for 2017 reflect the annualized level provided by the continuing resolution.

          Program and Financing (in millions of dollars)

                      Identification code 086–0183–0–1–371
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0707
                      Reestimates of loan guarantee subsidy
                      3,355
                      14,669

                      0708
                      Interest on reestimates of loan guarantee subsidy
                      153
                      4,022

                      0709
                      Administrative expenses
                      120
                      123
                      142

                      0900
                      Total new obligations, unexpired accounts
                      3,628
                      18,814
                      142

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      45
                      48
                      59

                      1001
                      Discretionary unobligated balance brought fwd, Oct 1
                      45

                      1011
                      Unobligated balance transfer from other acct [086–0236]
                      3,508
                      18,691

                      1021
                      Recoveries of prior year unpaid obligations
                      3
                      5
                      4

                      1050
                      Unobligated balance (total)
                      3,556
                      18,744
                      63

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation - Administrative Expenses
                      130
                      129
                      160

                      Spending authority from offsetting collections, discretionary:

                      1700
                      Collected
                      1

                      30

                      1725
                      Spending authority from offsetting collections precluded from obligation (limitation on obligations)

                      –30

                      1750
                      Spending auth from offsetting collections, disc (total)
                      1

                      1900
                      Budget authority (total)
                      131
                      129
                      160

                      1930
                      Total budgetary resources available
                      3,687
                      18,873
                      223

                      Memorandum (non-add) entries:

                      1940
                      Unobligated balance expiring
                      –11

                      1941
                      Unexpired unobligated balance, end of year
                      48
                      59
                      81

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      133
                      137
                      132

                      3010
                      New obligations, unexpired accounts
                      3,628
                      18,814
                      142

                      3020
                      Outlays (gross)
                      –3,613
                      –18,814
                      –133

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –3
                      –5
                      –4

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –8

                      3050
                      Unpaid obligations, end of year
                      137
                      132
                      137

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      133
                      137
                      132

                      3200
                      Obligated balance, end of year
                      137
                      132
                      137

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      131
                      129
                      160

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      14
                      13
                      16

                      4011
                      Outlays from discretionary balances
                      91
                      110
                      117

                      4020
                      Outlays, gross (total)
                      105
                      123
                      133

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4033
                      Non-Federal sources
                      –1

                      –30

                      Mandatory:

                      Outlays, gross:

                      4101
                      Outlays from mandatory balances
                      3,508
                      18,691

                      4180
                      Budget authority, net (total)
                      130
                      129
                      130

                      4190
                      Outlays, net (total)
                      3,612
                      18,814
                      103

                      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
                      2016 actual
                      2017 est.
                      2018 est.

                      Direct loan levels supportable by subsidy budget authority:

                      115001
                      MMI Fund, Direct loans

                      5
                      5

                      Direct loan subsidy (in percent):

                      132001
                      MMI Fund, Direct loans
                      0.00
                      0.00
                      0.00

                      Direct loan reestimates:

                      135001
                      MMI Fund, Direct loans

                      –6

                      Guaranteed loan levels supportable by subsidy budget authority:

                      215002
                      MMI Fund
                      245,448
                      251,800
                      213,900

                      215004
                      MMI HECM
                      14,790
                      18,469
                      14,800

                      215005
                      MMI Refi
                      62
                      8

                      215999
                      Total loan guarantee levels
                      260,300
                      270,277
                      228,700

                      Guaranteed loan subsidy (in percent):

                      232002
                      MMI Fund
                      –3.70
                      –4.42
                      –3.18

                      232004
                      MMI HECM
                      -.69
                      -.33
                      –2.09

                      232005
                      MMI Refi
                      0.00
                      0.00
                      0.00

                      232999
                      Weighted average subsidy rate
                      –3.53
                      –4.14
                      –3.11

                      Guaranteed loan subsidy budget authority:

                      233002
                      MMI Fund
                      –9,082
                      –11,130
                      –6,802

                      233004
                      MMI HECM
                      –102
                      –61
                      –309

                      233999
                      Total subsidy budget authority
                      –9,184
                      –11,191
                      –7,111

                      Guaranteed loan subsidy outlays:

                      234002
                      MMI Fund
                      –9,082
                      –11,130
                      –6,802

                      234004
                      MMI HECM
                      –102
                      –61
                      –309

                      234999
                      Total subsidy outlays
                      –9,184
                      –11,191
                      –7,111

                      Guaranteed loan reestimates:

                      235002
                      MMI Fund
                      –6,617
                      5,762

                      235004
                      MMI HECM
                      –5,336
                      11,257

                      235999
                      Total guaranteed loan reestimates
                      –11,953
                      17,019

                      Administrative expense data:

                      3510
                      Budget authority
                      130
                      129
                      160

                      3580
                      Outlays from balances
                      91
                      91
                      91

                      3590
                      Outlays from new authority
                      14
                      13
                      23

             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 2018, the Budget requests a limitation of $400 billion on loan guarantees for the Mutual Mortgage Insurance (MMI) Fund.
                The Budget projects insurance of $213.9 billion in single family forward mortgages, and $14.8 billion in Home Equity Conversion
                Mortgages (HECMs), with additional commitment authority available in case these amounts are exceeded during execution.

             The Budget requests $160 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 on a prospective basis with a sunset expiration date, which would generate
                an estimated $30 million in offsetting collections in this account. These additional resources will fund enhancements needed
                for administrative contract support and information technology upgrades, with a focus on expanding FHA's risk management tools
                to help reduce losses to the MMI fund. The Budget allows for a transfer of up to $30 million from this account to the Office
                of Housing's Salaries and Expenses account and the Information Technology Fund, to be used for these purposes.

          Object Classification (in millions of dollars)

                      Identification code 086–0183–0–1–371
                      2016 actual
                      2017 est.
                      2018 est.

                      Direct obligations:

                      25.2
                      Other services from non-Federal sources
                      120
                      123
                      142

                      41.0
                      Grants, subsidies, and contributions
                      3,355
                      14,669

                      43.0
                      Interest and dividends
                      153
                      4,022

                      99.9
                      Total new obligations, unexpired accounts
                      3,628
                      18,814
                      142

             FHA-Mutual Mortgage Insurance Direct Loan Financing Account

             Program and Financing (in millions of dollars)

                      Identification code 086–4242–0–3–371
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0003
                      Claims & other

                      1
                      1

                      Credit program obligations:

                      0710
                      Direct loan obligations

                      5
                      5

                      0713
                      Payment of interest to Treasury

                      1
                      1

                      0742
                      Downward reestimates paid to receipt accounts

                      3

                      0743
                      Interest on downward reestimates

                      3

                      0791
                      Direct program activities, subtotal

                      12
                      6

                      0900
                      Total new obligations, unexpired accounts

                      13
                      7

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      6
                      7
                      1

                      Financing authority:

                      Borrowing authority, mandatory:

                      1400
                      Borrowing authority

                      5
                      5

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      1
                      2
                      2

                      1900
                      Budget authority (total)
                      1
                      7
                      7

                      1930
                      Total budgetary resources available
                      7
                      14
                      8

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      7
                      1
                      1

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1

                      7

                      3010
                      New obligations, unexpired accounts

                      13
                      7

                      3020
                      Outlays (gross)

                      –6
                      –5

                      3050
                      Unpaid obligations, end of year

                      7
                      9

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year

                      7

                      3200
                      Obligated balance, end of year

                      7
                      9

                      Financing authority and disbursements, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      1
                      7
                      7

                      Financing disbursements:

                      4110
                      Outlays, gross (total)

                      6
                      5

                      Offsets against gross financing authority and disbursements:

                      Offsetting collections (collected) from:

                      4123
                      Repayment of Principal
                      –1
                      –1
                      –1

                      4123
                      Repayment of interest

                      –1
                      –1

                      4130
                      Offsets against gross budget authority and outlays (total)
                      –1
                      –2
                      –2

                      4160
                      Budget authority, net (mandatory)

                      5
                      5

                      4170
                      Outlays, net (mandatory)
                      –1
                      4
                      3

                      4180
                      Budget authority, net (total)

                      5
                      5

                      4190
                      Outlays, net (total)
                      –1
                      4
                      3

          Status of Direct Loans (in millions of dollars)

                      Identification code 086–4242–0–3–371
                      2016 actual
                      2017 est.
                      2018 est.

                      Position with respect to appropriations act limitation on obligations:

                      1111
                      Direct loan obligations from current-year authority

                      5
                      5

                      1150
                      Total direct loan obligations

                      5
                      5

                      Cumulative balance of direct loans outstanding:

                      1231
                      Disbursements: Direct loan disbursements

                      1
                      1

                      1251
                      Repayments: Repayments and prepayments

                      –1
                      –1

          Balance Sheet (in millions of dollars)

                      Identification code 086–4242–0–3–371
                      2015 actual
                      2016 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 (-)
                      –3
                      –3

                      1999
                      Total assets
                      3
                      3

                      LIABILITIES:

                      2103
                      Federal liabilities: Federal Liabilities - Debt

                      2204
                      Non-Federal liabilities: Liabilities for loan guarantees
                      3
                      3

                      2999
                      Total liabilities
                      3
                      3

                      4999
                      Total liabilities and net position
                      3
                      3

             FHA-Mutual Mortgage Insurance Guaranteed Loan Financing Account

             Program and Financing (in millions of dollars)

                      Identification code 086–4587–0–3–371
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0003
                      Other capital investment & operating expenses
                      708
                      1,844
                      3,309

                      Credit program obligations:

                      0711
                      Default claim payments on principal
                      18,227
                      17,086
                      15,991

                      0712
                      Default claim payments on interest
                      313
                      295
                      276

                      0713
                      Payment of interest to Treasury
                      931
                      700
                      700

                      0740
                      Negative subsidy obligations
                      9,184
                      11,191
                      7,111

                      0742
                      Downward reestimates paid to receipt accounts
                      12,449
                      1,611

                      0743
                      Interest on downward reestimates
                      3,011
                      61

                      0791
                      Direct program activities, subtotal
                      44,115
                      30,944
                      24,078

                      0900
                      Total new obligations, unexpired accounts
                      44,823
                      32,788
                      27,387

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      27,597
                      10,610
                      24,816

                      1021
                      Recoveries of prior year unpaid obligations
                      409
                      508
                      508

                      1050
                      Unobligated balance (total)
                      28,006
                      11,118
                      25,324

                      Financing authority:

                      Borrowing authority, mandatory:

                      1400
                      Borrowing authority
                      11,021
                      8,600
                      8,600

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Offsetting collections
                      23,906
                      39,986
                      27,101

                      1825
                      Spending authority from offsetting collections applied to repay debt
                      –7,500
                      –2,100
                      –2,100

                      1850
                      Spending auth from offsetting collections, mand (total)
                      16,406
                      37,886
                      25,001

                      1900
                      Budget authority (total)
                      27,427
                      46,486
                      33,601

                      1930
                      Total budgetary resources available
                      55,433
                      57,604
                      58,925

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      10,610
                      24,816
                      31,538

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      2,042
                      1,985
                      2,170

                      3010
                      New obligations, unexpired accounts
                      44,823
                      32,788
                      27,387

                      3020
                      Outlays (gross)
                      –44,471
                      –32,095
                      –27,307

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –409
                      –508
                      –508

                      3050
                      Unpaid obligations, end of year
                      1,985
                      2,170
                      1,742

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      2,042
                      1,985
                      2,170

                      3200
                      Obligated balance, end of year
                      1,985
                      2,170
                      1,742

                      Financing authority and disbursements, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      27,427
                      46,486
                      33,601

                      Financing disbursements:

                      4110
                      Outlays, gross (total)
                      44,471
                      32,095
                      27,307

                      Offsets against gross financing authority and disbursements:

                      Offsetting collections (collected) from:

                      4120
                      Transfer of Reestimates from Capital Reserve account
                      –3,508
                      –18,691

                      4122
                      Interest on uninvested funds
                      –624
                      –1,500
                      –1,500

                      4123
                      Fees and premiums
                      –13,200
                      –13,092
                      –13,883

                      4123
                      Recoveries on defaults
                      –6,574
                      –6,703
                      –11,718

                      4130
                      Offsets against gross budget authority and outlays (total)
                      –23,906
                      –39,986
                      –27,101

                      4160
                      Budget authority, net (mandatory)
                      3,521
                      6,500
                      6,500

                      4170
                      Outlays, net (mandatory)
                      20,565
                      –7,891
                      206

                      4180
                      Budget authority, net (total)
                      3,521
                      6,500
                      6,500

                      4190
                      Outlays, net (total)
                      20,565
                      –7,891
                      206

          Status of Guaranteed Loans (in millions of dollars)

                      Identification code 086–4587–0–3–371
                      2016 actual
                      2017 est.
                      2018 est.

                      Position with respect to appropriations act limitation on commitments:

                      2111
                      Guaranteed loan commitments from current-year authority
                      400,000
                      400,000
                      400,000

                      2121
                      Limitation available from carry-forward
                      400,000
                      400,000
                      400,000

                      2142
                      Uncommitted loan guarantee limitation
                      –539,700
                      –529,723
                      –571,300

                      2150
                      Total guaranteed loan commitments
                      260,300
                      270,277
                      228,700

                      2199
                      Guaranteed amount of guaranteed loan commitments
                      260,300
                      270,277
                      228,700

                      Cumulative balance of guaranteed loans outstanding:

                      2210
                      Outstanding, start of year
                      1,121,985
                      1,151,934
                      1,272,757

                      2231
                      Disbursements of new guaranteed loans
                      260,300
                      270,277
                      228,700

                      2251
                      Repayments and prepayments
                      –212,124
                      –132,368
                      –114,700

                      Adjustments:

                      2261
                      Terminations for default that result in loans receivable
                      –10,164
                      –10,299
                      –10,351

                      2262
                      Terminations for default that result in acquisition of property
                      –7,084
                      –3,695
                      –3,005

                      2263
                      Terminations for default that result in claim payments
                      –979
                      –3,092
                      –2,609

                      2264
                      Other adjustments, net

                      2290
                      Outstanding, end of year
                      1,151,934
                      1,272,757
                      1,370,792

                      Memorandum:

                      2299
                      Guaranteed amount of guaranteed loans outstanding, end of year
                      1,151,934
                      1,272,757
                      1,370,792

                      Addendum:

                      Cumulative balance of defaulted guaranteed loans that result in loans receivable:

                      2310
                      Outstanding, start of year
                      10,983
                      14,793
                      18,841

                      2331
                      Disbursements for guaranteed loan claims
                      7,740
                      8,027
                      7,610

                      2351
                      Repayments of loans receivable
                      –1,579
                      –2,878
                      –2,209

                      2361
                      Write-offs of loans receivable
                      –2,351
                      –1,101
                      –1,201

                      2364
                      Other adjustments, net

                      2390
                      Outstanding, end of year
                      14,793
                      18,841
                      23,041

          Balance Sheet (in millions of dollars)

                      Identification code 086–4587–0–3–371
                      2015 actual
                      2016 actual

                      ASSETS:

                      Federal assets:

                      1101
                      Fund balances with Treasury
                      29,638
                      12,594

                      Investments in US securities:

                      1106
                      Receivables, net
                      7,436
                      8,522

                      1206
                      Non-Federal assets: Receivables, net
                      370
                      203

                      Net value of assets related to post-1991 acquired defaulted guaranteed loans receivable:

                      1501
                      Defaulted guaranteed loans receivable, gross
                      10,983
                      14,793

                      1502
                      Interest receivable
                      991
                      2,356

                      1504
                      Foreclosed property
                      3,140
                      2,853

                      1505
                      Allowance for subsidy cost
                      –8,060
                      –8,906

                      1599
                      Net value of assets related to defaulted guaranteed loan
                      7,054
                      11,096

                      1901
                      Other Federal assets: Other assets

                      21

                      1999
                      Total assets
                      44,498
                      32,436

                      LIABILITIES:

                      Federal liabilities:

                      2101
                      Accounts payable
                      1
                      7

                      2103
                      Federal liabilities, Debt
                      21,533
                      25,054

                      2105
                      Other
                      11,892
                      10,877

                      Non-Federal liabilities:

                      2201
                      Accounts payable
                      242
                      196

                      2204
                      Liabilities for loan guarantees
                      10,414
                      –4,249

                      2207
                      Other
                      416
                      551

                      2999
                      Total liabilities
                      44,498
                      32,436

                      4999
                      Total liabilities and net position
                      44,498
                      32,436

             FHA-Mutual Mortgage Insurance Capital Reserve Account

             Program and Financing (in millions of dollars)

                      Identification code 086–0236–0–1–371
                      2016 actual
                      2017 est.
                      2018 est.

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      15,963
                      37,221
                      31,556

                      1010
                      Unobligated balance transfer to other accts [086–0183]
                      –3,508
                      –18,691

                      1010
                      Unobligated balance transfer to other accts [086–4070]
                      –6
                      –7
                      –14

                      1050
                      Unobligated balance (total)
                      12,449
                      18,523
                      31,542

                      Budget authority:

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Offsetting collections (negative subsidy)
                      9,185
                      11,191
                      7,111

                      1800
                      Offsetting collections (interest on investments)
                      106
                      170
                      198

                      1800
                      Offsetting collections (downward reestimate)
                      15,461
                      1,672

                      1801
                      Change in uncollected payments, Federal sources
                      20

                      1850
                      Spending auth from offsetting collections, mand (total)
                      24,772
                      13,033
                      7,309

                      1930
                      Total budgetary resources available
                      37,221
                      31,556
                      38,851

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      37,221
                      31,556
                      38,851

                      Change in obligated balance:

                      Uncollected payments:

                      3060
                      Uncollected pymts, Fed sources, brought forward, Oct 1
                      –14
                      –34
                      –34

                      3070
                      Change in uncollected pymts, Fed sources, unexpired
                      –20

                      3090
                      Uncollected pymts, Fed sources, end of year
                      –34
                      –34
                      –34

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      –14
                      –34
                      –34

                      3200
                      Obligated balance, end of year
                      –34
                      –34
                      –34

                      Budget authority and outlays, net:

                      Discretionary:

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4030
                      Federal sources
                      –9,185
                      –11,191
                      –7,111

                      Mandatory:

                      4090
                      Budget authority, gross
                      24,772
                      13,033
                      7,309

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4120
                      Federal Sources: Downward Reestimate
                      –15,461
                      –1,672

                      4121
                      Interest on Federal securities
                      –106
                      –170
                      –198

                      4130
                      Offsets against gross budget authority and outlays (total)
                      –15,567
                      –1,842
                      –198

                      Additional offsets against gross budget authority only:

                      4140
                      Change in uncollected pymts, Fed sources, unexpired
                      –20

                      4160
                      Budget authority, net (mandatory)
                      9,185
                      11,191
                      7,111

                      4170
                      Outlays, net (mandatory)
                      –15,567
                      –1,842
                      –198

                      4180
                      Budget authority, net (total)

                      4190
                      Outlays, net (total)
                      –24,752
                      –13,033
                      –7,309

                      Memorandum (non-add) entries:

                      5000
                      Total investments, SOY: Federal securities: Par value
                      14,733
                      36,441
                      28,775

                      5001
                      Total investments, EOY: Federal securities: Par value
                      36,441
                      28,775
                      35,994

             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 reestimates, 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 reestimates to the MMI Program Account.

          Balance Sheet (in millions of dollars)

                      Identification code 086–0236–0–1–371
                      2015 actual
                      2016 actual

                      ASSETS:

                      Federal assets:

                      1101
                      Fund balances with Treasury
                      1,252
                      876

                      Investments in US securities:

                      1102
                      Treasury securities, net
                      14,754
                      36,398

                      1106
                      Receivables, net
                      11,892
                      10,878

                      1999
                      Total assets
                      27,898
                      48,152

                      LIABILITIES:

                      2101
                      Federal liabilities: Accounts payable
                      7,436
                      8,523

                      NET POSITION:

                      3300
                      Cumulative results of operations
                      20,462
                      39,629

                      4999
                      Total liabilities and net position
                      27,898
                      48,152

             FHA-Mutual Mortgage and Cooperative Housing Insurance Funds Liquidating Account

             Program and Financing (in millions of dollars)

                      Identification code 086–4070–0–3–371
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0103
                      Acquisition of real properties
                      17
                      15
                      15

                      0191
                      Total capital investment
                      17
                      15
                      15

                      0202
                      Other Operation expenses
                      6
                      9
                      9

                      0900
                      Total new obligations, unexpired accounts
                      23
                      24
                      24

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      10
                      6

                      1011
                      Unobligated balance transfer from other acct [086–0236]
                      6
                      7
                      14

                      1021
                      Recoveries of prior year unpaid obligations
                      4
                      2
                      1

                      1050
                      Unobligated balance (total)
                      20
                      15
                      15

                      Budget authority:

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      9
                      9
                      9

                      1930
                      Total budgetary resources available
                      29
                      24
                      24

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      6

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      145
                      146
                      149

                      3010
                      New obligations, unexpired accounts
                      23
                      24
                      24

                      3020
                      Outlays (gross)
                      –18
                      –19
                      –19

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –4
                      –2
                      –1

                      3050
                      Unpaid obligations, end of year
                      146
                      149
                      153

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      145
                      146
                      149

                      3200
                      Obligated balance, end of year
                      146
                      149
                      153

                      Budget authority and outlays, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      9
                      9
                      9

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority
                      9
                      9
                      9

                      4101
                      Outlays from mandatory balances
                      9
                      10
                      10

                      4110
                      Outlays, gross (total)
                      18
                      19
                      19

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4123
                      Non-Federal sources - Fees & Premiums
                      –9
                      –9
                      –9

                      4180
                      Budget authority, net (total)

                      4190
                      Outlays, net (total)
                      9
                      10
                      10

          Status of Guaranteed Loans (in millions of dollars)

                      Identification code 086–4070–0–3–371
                      2016 actual
                      2017 est.
                      2018 est.

                      Cumulative balance of guaranteed loans outstanding:

                      2210
                      Outstanding, start of year
                      1,056
                      575
                      184

                      2251
                      Repayments and prepayments
                      –464
                      –391
                      –184

                      2262
                      Adjustments: Terminations for default that result in acquisition of property
                      –17

                      2290
                      Outstanding, end of year
                      575
                      184

                      Memorandum:

                      2299
                      Guaranteed amount of guaranteed loans outstanding, end of year
                      575
                      184

                      Addendum:

                      Cumulative balance of defaulted guaranteed loans that result in loans receivable:

                      2310
                      Outstanding, start of year
                      22
                      21
                      21

                      2331
                      Disbursements for guaranteed loan claims
                      1

                      2351
                      Repayments of loans receivable
                      –1

                      2361
                      Write-offs of loans receivable
                      –1

                      2390
                      Outstanding, end of year
                      21
                      21
                      21

             Financial condition.—The following tables reflect assets, liabilities, and equity of MMI/CMHI liquidating funds as of September 30, 2016.

          Balance Sheet (in millions of dollars)

                      Identification code 086–4070–0–3–371
                      2015 actual
                      2016 actual

                      ASSETS:

                      1101
                      Federal assets: Fund balances with Treasury
                      155
                      151

                      1206
                      Non-Federal assets: Receivables, net
                      5
                      5

                      1701
                      Defaulted guaranteed loans, gross
                      22
                      21

                      1703
                      Allowance for estimated uncollectible loans and interest (-)
                      –3
                      –3

                      1704
                      Defaulted guaranteed loans and interest receivable, net
                      19
                      18

                      1706
                      Foreclosed property
                      3
                      5

                      1799
                      Value of assets related to loan guarantees
                      22
                      23

                      1901
                      Other Federal assets: Other assets
                      1

                      1999
                      Total assets
                      183
                      179

                      LIABILITIES:

                      Non-Federal liabilities:

                      2201
                      Accounts payable
                      146
                      145

                      2204
                      Liabilities for loan guarantees
                      6
                      1

                      2207
                      Unearned revenue and advances, and other
                      17
                      18

                      2999
                      Total liabilities
                      169
                      164

                      NET POSITION:

                      3300
                      Cumulative results of operations
                      14
                      15

                      4999
                      Total liabilities and net position
                      183
                      179

          Object Classification (in millions of dollars)

                      Identification code 086–4070–0–3–371
                      2016 actual
                      2017 est.
                      2018 est.

                      Direct obligations:

                      25.2
                      Other services from non-Federal sources
                      6
                      9
                      9

                      32.0
                      Land and structures
                      17
                      15
                      15

                      99.9
                      Total new obligations, unexpired accounts
                      23
                      24
                      24

             FHA-General and special risk program accountNew 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, 2019: Provided, That during fiscal year 2018, 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 $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.
          Note.—A full-year 2017 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
             budget assumes this account is operating under the Further Continuing Appropriations Act, 2017 (P.L. 114–254). The amounts
             included for 2017 reflect the annualized level provided by the continuing resolution.

          Program and Financing (in millions of dollars)

                      Identification code 086–0200–0–1–371
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0705
                      Reestimates of direct loan subsidy

                      3

                      0706
                      Interest on reestimates of direct loan subsidy

                      2

                      0707
                      Reestimates of loan guarantee subsidy
                      2,157
                      2,730

                      0708
                      Interest on reestimates of loan guarantee subsidy
                      1,125
                      1,583

                      0900
                      Total new obligations (object class 41.0)
                      3,282
                      4,318

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      6

                      Budget authority:

                      Appropriations, discretionary:

                      1131
                      Unobligated balance of appropriations permanently reduced
                      –6

                      Appropriations, mandatory:

                      1200
                      Appropriation
                      3,282
                      4,318

                      1900
                      Budget authority (total)
                      3,276
                      4,318

                      1930
                      Total budgetary resources available
                      3,282
                      4,318

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      1
                      1
                      1

                      3010
                      New obligations, unexpired accounts
                      3,282
                      4,318

                      3020
                      Outlays (gross)
                      –3,282
                      –4,318

                      3050
                      Unpaid obligations, end of year
                      1
                      1
                      1

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      1
                      1
                      1

                      3200
                      Obligated balance, end of year
                      1
                      1
                      1

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      –6

                      Mandatory:

                      4090
                      Budget authority, gross
                      3,282
                      4,318

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority
                      3,282
                      4,318

                      4180
                      Budget authority, net (total)
                      3,276
                      4,318

                      4190
                      Outlays, net (total)
                      3,282
                      4,318

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

                      Identification code 086–0200–0–1–371
                      2016 actual
                      2017 est.
                      2018 est.

                      Direct loan levels supportable by subsidy budget authority:

                      115002
                      FFB Risk Sharing
                      667
                      734
                      807

                      115999
                      Total direct loan levels
                      667
                      734
                      807

                      Direct loan subsidy (in percent):

                      132002
                      FFB Risk Sharing
                      –10.94
                      –11.19
                      –8.18

                      132999
                      Weighted average subsidy rate
                      –10.94
                      –11.19
                      –8.18

                      Direct loan subsidy budget authority:

                      133002
                      FFB Risk Sharing
                      –73
                      –82
                      –66

                      133999
                      Total subsidy budget authority
                      –73
                      –82
                      –66

                      Direct loan subsidy outlays:

                      134002
                      FFB Risk Sharing
                      –52
                      –89
                      –69

                      134999
                      Total subsidy outlays
                      –52
                      –89
                      –69

                      Direct loan reestimates:

                      135002
                      FFB Risk Sharing
                      –5
                      5

                      135999
                      Total direct loan reestimates
                      –5
                      5

                      Guaranteed loan levels supportable by subsidy budget authority:

                      215001
                      Apartment New Construction / Substantial Rehab
                      2,572
                      2,682
                      2,816

                      215003
                      Tax Credits
                      2,604
                      2,864
                      3,008

                      215005
                      Apartment Refinances
                      5,973
                      6,272
                      6,585

                      215008
                      Housing Finance Agency Risk Sharing
                      153
                      152
                      160

                      215009
                      Qualified Participating Entity Risk Sharing

                      8
                      11

                      215010
                      Residential Care Facilities
                      307
                      310
                      313

                      215011
                      Residential Care Facility Refinances
                      2,598
                      2,624
                      2,650

                      215012
                      Hospitals
                      1,084
                      694
                      1,059

                      215013
                      Other Rental
                      1
                      71
                      74

                      215017
                      Title 1 Property Improvement
                      71
                      60
                      50

                      215018
                      Title 1 Manufactured Housing
                      43
                      57
                      75

                      215999
                      Total loan guarantee levels
                      15,406
                      15,794
                      16,801

                      Guaranteed loan subsidy (in percent):

                      232001
                      Apartment New Construction / Substantial Rehab
                      –2.57
                      –2.76
                      –1.61

                      232003
                      Tax Credits
                      –1.19
                      –1.14
                      –1.63

                      232005
                      Apartment Refinances
                      –4.00
                      –3.76
                      –3.92

                      232008
                      Housing Finance Agency Risk Sharing
                      -.65
                      –1.05
                      -.27

                      232009
                      Qualified Participating Entity Risk Sharing
                      –1.13
                      -.31
                      -.72

                      232010
                      Residential Care Facilities
                      –3.26
                      –5.85
                      –7.04

                      232011
                      Residential Care Facility Refinances
                      –4.23
                      –5.14
                      –5.94

                      232012
                      Hospitals
                      –3.32
                      –5.52
                      –5.23

                      232013
                      Other Rental
                      –3.39
                      –3.45
                      –3.68

                      232017
                      Title 1 Property Improvement
                      –1.41
                      –1.07
                      –1.47

                      232018
                      Title 1 Manufactured Housing
                      –4.65
                      –3.78
                      –4.36

                      232999
                      Weighted average subsidy rate
                      –3.22
                      –3.42
                      –3.54

                      Guaranteed loan subsidy budget authority:

                      233001
                      Apartment New Construction / Substantial Rehab
                      –66
                      –74
                      –45

                      233003
                      Tax Credits
                      –31
                      –33
                      –49

                      233005
                      Apartment Refinances
                      –239
                      –236
                      –258

                      233008
                      Housing Finance Agency Risk Sharing
                      –1
                      –2

                      233010
                      Residential Care Facilities
                      –10
                      –18
                      –22

                      233011
                      Residential Care Facility Refinances
                      –110
                      –135
                      –157

                      233012
                      Hospitals
                      –36
                      –38
                      –55

                      233013
                      Other Rental

                      –2
                      –3

                      233017
                      Title 1 Property Improvement
                      –1
                      –1
                      –1

                      233018
                      Title 1 Manufactured Housing
                      –2
                      –2
                      –3

                      233999
                      Total subsidy budget authority
                      –496
                      –541
                      –593

                      Guaranteed loan subsidy outlays:

                      234001
                      Apartment New Construction / Substantial Rehab
                      –71
                      –72
                      –50

                      234003
                      Tax Credits
                      –48
                      –36
                      –42

                      234005
                      Apartment Refinances
                      –226
                      –241
                      –239

                      234008
                      Housing Finance Agency Risk Sharing
                      –1
                      –2
                      –1

                      234010
                      Residential Care Facilities
                      –9
                      –18
                      –20

                      234011
                      Residential Care Facility Refinances
                      –102
                      –129
                      –143

                      234012
                      Hospitals
                      –18
                      –46
                      –48

                      234013
                      Other Rental
                      –1
                      –2
                      –3

                      234017
                      Title 1 Property Improvement
                      –1
                      –1
                      –1

                      234018
                      Title 1 Manufactured Housing
                      –2
                      –2
                      –3

                      234999
                      Total subsidy outlays
                      –479
                      –549
                      –550

                      Guaranteed loan reestimates:

                      235023
                      GI/SRI Reestimates
                      1,819
                      3,911

                      235999
                      Total guaranteed loan reestimates
                      1,819
                      3,911

             FHA's General Insurance and Special Risk Insurance (GI/SRI) programs provide mortgage insurance for a variety of purposes,
                including financing for the development and rehabilitation of multifamily housing, residential care facilities, 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.

             FHA-General and Special Risk Guaranteed Loan Financing Account

             Program and Financing (in millions of dollars)

                      Identification code 086–4077–0–3–371
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0003
                      Other capital investments and operating expenses
                      78
                      78
                      78

                      0014
                      Contract Costs
                      34
                      34
                      34

                      0091
                      Direct program activities, subtotal
                      112
                      112
                      112

                      Credit program obligations:

                      0711
                      Default claim payments on principal
                      2,651
                      4,489
                      4,402

                      0712
                      Default claim payments on interest
                      326
                      552
                      541

                      0713
                      Payment of interest to Treasury
                      271
                      271
                      271

                      0740
                      Negative subsidy obligations
                      496
                      541
                      594

                      0742
                      Downward reestimates paid to receipt accounts
                      957
                      270

                      0743
                      Interest on downward reestimates
                      506
                      132

                      0791
                      Direct program activities, subtotal
                      5,207
                      6,255
                      5,808

                      0900
                      Total new obligations, unexpired accounts
                      5,319
                      6,367
                      5,920

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      6,360
                      6,012
                      7,018

                      1021
                      Recoveries of prior year unpaid obligations
                      54
                      54
                      54

                      1050
                      Unobligated balance (total)
                      6,414
                      6,066
                      7,072

                      Financing authority:

                      Borrowing authority, mandatory:

                      1400
                      Borrowing authority
                      1,536
                      2,000
                      2,000

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      5,106
                      5,719
                      1,823

                      1825
                      Spending authority from offsetting collections applied to repay debt
                      –1,725
                      –400
                      –400

                      1850
                      Spending auth from offsetting collections, mand (total)
                      3,381
                      5,319
                      1,423

                      1900
                      Budget authority (total)
                      4,917
                      7,319
                      3,423

                      1930
                      Total budgetary resources available
                      11,331
                      13,385
                      10,495

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      6,012
                      7,018
                      4,575

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      440
                      422
                      514

                      3010
                      New obligations, unexpired accounts
                      5,319
                      6,367
                      5,920

                      3020
                      Outlays (gross)
                      –5,283
                      –6,221
                      –5,896

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –54
                      –54
                      –54

                      3050
                      Unpaid obligations, end of year
                      422
                      514
                      484

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      440
                      422
                      514

                      3200
                      Obligated balance, end of year
                      422
                      514
                      484

                      Financing authority and disbursements, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      4,917
                      7,319
                      3,423

                      Financing disbursements:

                      4110
                      Outlays, gross (total)
                      5,283
                      6,221
                      5,896

                      Offsets against gross financing authority and disbursements:

                      Offsetting collections (collected) from:

                      4120
                      Subsidy reestimate from program account
                      –3,282
                      –4,313

                      4122
                      Interest on uninvested funds
                      –389
                      –400
                      –400

                      4123
                      Fees and premiums
                      –850
                      –898
                      –845

                      4123
                      Recoveries on HUD-Held Notes
                      –325
                      –14
                      –328

                      4123
                      Title I recoveries
                      –8
                      –2
                      –2

                      4123
                      Single family property recoveries
                      –224
                      –26
                      –22

                      4123
                      Gross Proceeds from Mortgage Note Sales
                      –21
                      –66
                      –226

                      4123
                      Non-Federal Resources-other
                      –7

                      4130
                      Offsets against gross budget authority and outlays (total)
                      –5,106
                      –5,719
                      –1,823

                      4160
                      Budget authority, net (mandatory)
                      –189
                      1,600
                      1,600

                      4170
                      Outlays, net (mandatory)
                      177
                      502
                      4,073

                      4180
                      Budget authority, net (total)
                      –189
                      1,600
                      1,600

                      4190
                      Outlays, net (total)
                      177
                      502
                      4,073

          Status of Guaranteed Loans (in millions of dollars)

                      Identification code 086–4077–0–3–371
                      2016 actual
                      2017 est.
                      2018 est.

                      Position with respect to appropriations act limitation on commitments:

                      2111
                      Guaranteed loan commitments from current-year authority
                      30,000
                      30,000
                      30,000

                      2121
                      Limitation available from carry-forward
                      30,000
                      30,000
                      30,000

                      2142
                      Uncommitted loan guarantee limitation
                      –44,594
                      –44,206
                      –43,199

                      2150
                      Total guaranteed loan commitments
                      15,406
                      15,794
                      16,801

                      2199
                      Guaranteed amount of guaranteed loan commitments
                      15,322
                      15,714
                      16,715

                      Cumulative balance of guaranteed loans outstanding:

                      2210
                      Outstanding, start of year
                      148,546
                      139,557
                      138,484

                      2231
                      Disbursements of new guaranteed loans
                      13,116
                      14,859
                      15,655

                      2251
                      Repayments and prepayments
                      –19,454
                      –11,294
                      –11,680

                      Adjustments:

                      2261
                      Terminations for default that result in loans receivable
                      –1,726
                      –3,260
                      –3,219

                      2262
                      Terminations for default that result in acquisition of property
                      –162
                      –162
                      –22

                      2263
                      Terminations for default that result in claim payments
                      –763
                      –1,216
                      –1,160

                      2290
                      Outstanding, end of year
                      139,557
                      138,484
                      138,058

                      Memorandum:

                      2299
                      Guaranteed amount of guaranteed loans outstanding, end of year
                      136,355
                      135,201
                      134,689

                      Addendum:

                      Cumulative balance of defaulted guaranteed loans that result in loans receivable:

                      2310
                      Outstanding, start of year
                      4,054
                      4,678
                      5,774

                      2331
                      Disbursements for guaranteed loan claims
                      1,726
                      3,260
                      3,219

                      2351
                      Repayments of loans receivable
                      –218
                      –1,144
                      –864

                      2361
                      Write-offs of loans receivable
                      –884
                      –1,020
                      –1,259

                      2390
                      Outstanding, end of year
                      4,678
                      5,774
                      6,870

          Balance Sheet (in millions of dollars)

                      Identification code 086–4077–0–3–371
                      2015 actual
                      2016 actual

                      ASSETS:

                      Federal assets:

                      1101
                      Fund balances with Treasury
                      6,801
                      6,434

                      Investments in US securities:

                      1106
                      Receivables, net
                      2,921
                      234

                      Non-Federal assets:

                      1201
                      Investments in non-Federal securities, net
                      31
                      31

                      1206
                      Receivables, net
                      32
                      34

                      Net value of assets related to post-1991 acquired defaulted guaranteed loans receivable:

                      1501
                      Defaulted guaranteed loans receivable, gross
                      4,054
                      4,678

                      1502
                      Interest receivable
                      1,562
                      1,886

                      1504
                      Foreclosed property
                      152
                      151

                      1505
                      Allowance for subsidy cost
                      –2,000
                      –1,886

                      1599
                      Net value of assets related to defaulted guaranteed loan
                      3,768
                      4,829

                      1901
                      Other Federal assets: Other assets
                      9
                      2

                      1999
                      Total assets
                      13,562
                      11,564

                      LIABILITIES:

                      Federal liabilities:

                      2103
                      Debt
                      5,368
                      5,179

                      2105
                      Other
                      2,327
                      2,765

                      Non-Federal liabilities:

                      2201
                      Accounts payable
                      135
                      132

                      2204
                      Liabilities for loan guarantees
                      5,669
                      3,424

                      2207
                      Other
                      63
                      64

                      2999
                      Total liabilities
                      13,562
                      11,564

                      4999
                      Total liabilities and net position
                      13,562
                      11,564

             FHA-General and Special Risk Direct Loan Financing Account

             Program and Financing (in millions of dollars)

                      Identification code 086–4105–0–3–371
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0710
                      Direct loan obligations
                      667
                      734
                      807

                      0713
                      Payment of interest to Treasury
                      3
                      3
                      3

                      0715
                      Payment of Interest to FFB
                      18
                      41
                      74

                      0740
                      Negative subsidy obligations
                      73
                      82
                      66

                      0742
                      Downward reestimates paid to receipt accounts
                      5

                      0900
                      Total new obligations, unexpired accounts
                      766
                      860
                      950

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      5
                      3
                      47

                      Financing authority:

                      Borrowing authority, mandatory:

                      1400
                      Borrowing authority
                      753
                      857
                      947

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      13
                      68
                      120

                      1825
                      Spending authority from offsetting collections applied to repay debt
                      –2
                      –21
                      –45

                      1850
                      Spending auth from offsetting collections, mand (total)
                      11
                      47
                      75

                      1900
                      Budget authority (total)
                      764
                      904
                      1,022

                      1930
                      Total budgetary resources available
                      769
                      907
                      1,069

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      3
                      47
                      119

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      6
                      242
                      242

                      3010
                      New obligations, unexpired accounts
                      766
                      860
                      950

                      3020
                      Outlays (gross)
                      –530
                      –860
                      –950

                      3050
                      Unpaid obligations, end of year
                      242
                      242
                      242

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      6
                      242
                      242

                      3200
                      Obligated balance, end of year
                      242
                      242
                      242

                      Financing authority and disbursements, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      764
                      904
                      1,022

                      Financing disbursements:

                      4110
                      Outlays, gross (total)
                      530
                      860
                      950

                      Offsets against gross financing authority and disbursements:

                      Offsetting collections (collected) from:

                      4120
                      Federal sources

                      –5

                      4122
                      Interest on uninvested funds
                      –1
                      –1
                      –1

                      4123
                      Repayment of Principal
                      –2
                      –19
                      –42

                      4123
                      DL Interest Payments
                      –10
                      –41
                      –74

                      4123
                      Loan Guarantee Fees

                      –2
                      –3

                      4130
                      Offsets against gross budget authority and outlays (total)
                      –13
                      –68
                      –120

                      4160
                      Budget authority, net (mandatory)
                      751
                      836
                      902

                      4170
                      Outlays, net (mandatory)
                      517
                      792
                      830

                      4180
                      Budget authority, net (total)
                      751
                      836
                      902

                      4190
                      Outlays, net (total)
                      517
                      792
                      830

          Status of Direct Loans (in millions of dollars)

                      Identification code 086–4105–0–3–371
                      2016 actual
                      2017 est.
                      2018 est.

                      Position with respect to appropriations act limitation on obligations:

                      1111
                      Direct loan obligations from current-year authority
                      667
                      734
                      807

                      1150
                      Total direct loan obligations
                      667
                      734
                      807

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year
                      102
                      554
                      1,269

                      1231
                      Disbursements: Direct loan disbursements
                      454
                      734
                      807

                      1251
                      Repayments: Repayments and prepayments
                      –2
                      –19
                      –42

                      1290
                      Outstanding, end of year
                      554
                      1,269
                      2,034

          Balance Sheet (in millions of dollars)

                      Identification code 086–4105–0–3–371
                      2015 actual
                      2016 actual

                      ASSETS:

                      Federal assets:

                      1101
                      Fund balances with Treasury
                      11
                      10

                      Investments in US securities:

                      1106
                      Receivables, net

                      48

                      Net value of assets related to post-1991 direct loans receivable:

                      1401
                      Direct loans receivable, gross
                      102
                      554

                      1402
                      Interest receivable

                      1

                      1405
                      Allowance for subsidy cost (-)
                      34
                      27

                      1499
                      Net present value of assets related to direct loans
                      136
                      582

                      1999
                      Total assets
                      147
                      640

                      LIABILITIES:

                      Federal liabilities:

                      2103
                      Debt
                      123
                      640

                      2105
                      Other
                      24

                      2204
                      Non-Federal liabilities: Liabilities for loan guarantees

                      2999
                      Total liabilities
                      147
                      640

                      NET POSITION:

                      3300
                      Cumulative results of operations

                      4999
                      Total liabilities and net position
                      147
                      640

             FHA-Loan Guarantee Recovery Fund Financing Account

             Program and Financing (in millions of dollars)

                      Identification code 086–4106–0–3–371
                      2016 actual
                      2017 est.
                      2018 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

                      4180
                      Budget authority, net (total)

                      4190
                      Outlays, net (total)

          Status of Guaranteed Loans (in millions of dollars)

                      Identification code 086–4106–0–3–371
                      2016 actual
                      2017 est.
                      2018 est.

                      Cumulative balance of guaranteed loans outstanding:

                      2210
                      Outstanding, start of year
                      7
                      6
                      5

                      2251
                      Repayments and prepayments
                      –1
                      –1
                      –1

                      2290
                      Outstanding, end of year
                      6
                      5
                      4

                      Memorandum:

                      2299
                      Guaranteed amount of guaranteed loans outstanding, end of year
                      6
                      5
                      4

             Section 4 of the Church Arson Prevention Act of 1996 (Public Law 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
                      2015 actual
                      2016 actual

                      ASSETS:

                      1101
                      Federal assets: Fund balances with Treasury
                      5
                      5

                      1999
                      Total assets
                      5
                      5

                      LIABILITIES:

                      2204
                      Non-Federal liabilities: Liabilities for loan guarantees
                      5
                      5

                      4999
                      Total liabilities and net position
                      5
                      5

             FHA-General and Special Risk Insurance Funds Liquidating Account

             Program and Financing (in millions of dollars)

                      Identification code 086–4072–0–3–371
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0102
                      Assignment and Property Acquisition Claims
                      2
                      1
                      1

                      0110
                      Capitalized Expenses
                      1
                      5
                      5

                      0111
                      HUD Held Notes Escrow Activity
                      28
                      25
                      25

                      0113
                      Other
                      11
                      15
                      15

                      0900
                      Total new obligations, unexpired accounts
                      42
                      46
                      46

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      187
                      425
                      199

                      1021
                      Recoveries of prior year unpaid obligations
                      213
                      20
                      20

                      1022
                      Capital transfer of unobligated balances to general fund
                      –187
                      –425
                      –199

                      1050
                      Unobligated balance (total)
                      213
                      20
                      20

                      Budget authority:

                      Appropriations, mandatory:

                      1200
                      Appropriation
                      25
                      25
                      25

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      229
                      200
                      200

                      1900
                      Budget authority (total)
                      254
                      225
                      225

                      1930
                      Total budgetary resources available
                      467
                      245
                      245

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      425
                      199
                      199

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      267
                      61
                      6

                      3010
                      New obligations, unexpired accounts
                      42
                      46
                      46

                      3020
                      Outlays (gross)
                      –35
                      –81
                      –20

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –213
                      –20
                      –20

                      3050
                      Unpaid obligations, end of year
                      61
                      6
                      12

                      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
                      266
                      60
                      5

                      3200
                      Obligated balance, end of year
                      60
                      5
                      11

                      Budget authority and outlays, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      254
                      225
                      225

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority
                      25
                      20
                      20

                      4101
                      Outlays from mandatory balances
                      10
                      61

                      4110
                      Outlays, gross (total)
                      35
                      81
                      20

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4123
                      Non-Federal sources - Other
                      –229
                      –200
                      –200

                      4180
                      Budget authority, net (total)
                      25
                      25
                      25

                      4190
                      Outlays, net (total)
                      –194
                      –119
                      –180

          Status of Guaranteed Loans (in millions of dollars)

                      Identification code 086–4072–0–3–371
                      2016 actual
                      2017 est.
                      2018 est.

                      Cumulative balance of guaranteed loans outstanding:

                      2210
                      Outstanding, start of year
                      560
                      464
                      282

                      2251
                      Repayments and prepayments
                      –96
                      –181
                      –74

                      Adjustments:

                      2261
                      Terminations for default that result in loans receivable

                      –1
                      –1

                      2262
                      Terminations for default that result in acquisition of property

                      2290
                      Outstanding, end of year
                      464
                      282
                      207

                      Memorandum:

                      2299
                      Guaranteed amount of guaranteed loans outstanding, end of year
                      464
                      282
                      207

                      Addendum:

                      Cumulative balance of defaulted guaranteed loans that result in loans receivable:

                      2310
                      Outstanding, start of year
                      1,965
                      1,792
                      1,749

                      2331
                      Disbursements for guaranteed loan claims

                      2351
                      Repayments of loans receivable
                      –173
                      –43
                      –41

                      2390
                      Outstanding, end of year
                      1,792
                      1,749
                      1,708

          Balance Sheet (in millions of dollars)

                      Identification code 086–4072–0–3–371
                      2015 actual
                      2016 actual

                      ASSETS:

                      Federal assets:

                      1101
                      Fund balances with Treasury
                      454
                      487

                      Investments in US securities:

                      1102
                      Treasury securities, par

                      1206
                      Non-Federal assets: Receivables, net

                      1

                      1701
                      Defaulted guaranteed loans, gross
                      1,965
                      1,792

                      1702
                      Interest receivable
                      249
                      245

                      1703
                      Allowance for estimated uncollectible loans and interest (-)
                      –819
                      –825

                      1704
                      Defaulted guaranteed loans and interest receivable, net
                      1,395
                      1,212

                      1706
                      Foreclosed property
                      3
                      4

                      1799
                      Value of assets related to loan guarantees
                      1,398
                      1,216

                      1901
                      Other Federal assets: Other assets
                      1

                      1999
                      Total assets
                      1,853
                      1,704

                      LIABILITIES:

                      Non-Federal liabilities:

                      2201
                      Accounts payable
                      10
                      11

                      2204
                      Liabilities for loan guarantees
                      1

                      2207
                      Other
                      193
                      190

                      2999
                      Total liabilities
                      204
                      201

                      NET POSITION:

                      3100
                      Unexpended appropriations
                      157
                      182

                      3300
                      Cumulative results of operations
                      1,492
                      1,321

                      3999
                      Total net position
                      1,649
                      1,503

                      4999
                      Total liabilities and net position
                      1,853
                      1,704

          Object Classification (in millions of dollars)

                      Identification code 086–4072–0–3–371
                      2016 actual
                      2017 est.
                      2018 est.

                      Direct obligations:

                      32.0
                      Land and structures
                      1
                      1
                      1

                      33.0
                      Investments and loans
                      41
                      45
                      45

                      99.9
                      Total new obligations, unexpired accounts
                      42
                      46
                      46

             Housing for the Elderly or Handicapped Fund Liquidating Account

             Program and Financing (in millions of dollars)

                      Identification code 086–4115–0–3–371
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0102
                      Loan Management, Liquidations and Property Dispositions
                      1
                      6
                      6

                      0900
                      Total new obligations (object class 32.0)
                      1
                      6
                      6

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      122
                      353
                      5

                      1022
                      Capital transfer of unobligated balances to general fund
                      –122
                      –348
                      –5

                      1050
                      Unobligated balance (total)

                      5

                      Budget authority:

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      354
                      303
                      259

                      1820
                      Capital transfer of spending authority from offsetting collections to general fund

                      –297
                      –253

                      1850
                      Spending auth from offsetting collections, mand (total)
                      354
                      6
                      6

                      1930
                      Total budgetary resources available
                      354
                      11
                      6

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      353
                      5

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      7
                      6
                      3

                      3010
                      New obligations, unexpired accounts
                      1
                      6
                      6

                      3020
                      Outlays (gross)
                      –2
                      –9
                      –9

                      3050
                      Unpaid obligations, end of year
                      6
                      3

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      7
                      6
                      3

                      3200
                      Obligated balance, end of year
                      6
                      3

                      Budget authority and outlays, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      354
                      6
                      6

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority

                      6
                      6

                      4101
                      Outlays from mandatory balances
                      2
                      3
                      3

                      4110
                      Outlays, gross (total)
                      2
                      9
                      9

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4123
                      Non-Federal sources
                      –354
                      –303
                      –259

                      4180
                      Budget authority, net (total)

                      –297
                      –253

                      4190
                      Outlays, net (total)
                      –352
                      –294
                      –250

          Status of Direct Loans (in millions of dollars)

                      Identification code 086–4115–0–3–371
                      2016 actual
                      2017 est.
                      2018 est.

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year
                      1,412
                      1,167
                      957

                      1251
                      Repayments: Repayments and prepayments
                      –245
                      –210
                      –180

                      1290
                      Outstanding, end of year
                      1,167
                      957
                      777

          Balance Sheet (in millions of dollars)

                      Identification code 086–4115–0–3–371
                      2015 actual
                      2016 actual

                      ASSETS:

                      1101
                      Federal assets: Fund balances with Treasury
                      129
                      359

                      1206
                      Non-Federal assets: Interest Receivable: Public
                      16
                      15

                      1601
                      Direct loans, gross
                      1,412
                      1,167

                      1603
                      Allowance for estimated uncollectible loans and interest (-)
                      –11
                      –11

                      1699
                      Value of assets related to direct loans
                      1,401
                      1,156

                      1999
                      Total assets
                      1,546
                      1,530

                      LIABILITIES:

                      2207
                      Non-Federal liabilities: Other
                      1
                      1

                      NET POSITION:

                      3100
                      Unexpended Appropriations
                      3

                      3300
                      Revolving Fund: Cumulative results of operations
                      1,542
                      1,529

                      3999
                      Total net position
                      1,545
                      1,529

                      4999
                      Total liabilities and net position
                      1,546
                      1,530

             Payment to Manufactured Housing Fees Trust Fund

             Trust Funds
             Manufactured Housing Fees Trust FundFor 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 $11,000,000, to remain available until expended, of which $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 2018 so as to
                   result in a final fiscal year 2018 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 2018 appropriation: Provided further, That for the dispute
                   resolution and installation programs, the Secretary of Housing and Urban Development may assess and collect fees from any
                   program participant: Provided further, That such collections shall be deposited into the Fund, and the Secretary, as provided
                   herein, may use such collections, as well as fees collected under section 620, for necessary expenses of such Act: Provided
                   further, That, notwithstanding the requirements of section 620 of such Act, the Secretary may carry out responsibilities of
                   the Secretary under such Act through the use of approved service providers that are paid directly by the recipients of their
                   services.
          Note.—A full-year 2017 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
             budget assumes this account is operating under the Further Continuing Appropriations Act, 2017 (P.L. 114–254). The amounts
             included for 2017 reflect the annualized level provided by the continuing resolution.

          Special and Trust Fund Receipts (in millions of dollars)

                      Identification code 086–8119–0–7–376
                      2016 actual
                      2017 est.
                      2018 est.

                      0100
                      Balance, start of year
                      1
                      3
                      3

                      Receipts:

                      Current law:

                      1120
                      Mobile Home Inspection and Monitoring Fees, Manufactured Housing Fee Trust Fund
                      12
                      11
                      12

                      2000
                      Total: Balances and receipts
                      13
                      14
                      15

                      Appropriations:

                      Current law:

                      2101
                      Manufactured Housing Fees Trust Fund
                      –11
                      –11
                      –11

                      5098
                      Rounding adjustment
                      1

                      5099
                      Balance, end of year
                      3
                      3
                      4

          Program and Financing (in millions of dollars)

                      Identification code 086–8119–0–7–376
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0002
                      Manufactured Housing Program Costs
                      13
                      12
                      12

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      5
                      3
                      2

                      Budget authority:

                      Appropriations, discretionary:

                      1101
                      Appropriation (special or trust fund)
                      11
                      11
                      11

                      1930
                      Total budgetary resources available
                      16
                      14
                      13

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      3
                      2
                      1

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      7
                      8
                      8

                      3010
                      New obligations, unexpired accounts
                      13
                      12
                      12

                      3020
                      Outlays (gross)
                      –12
                      –12
                      –12

                      3050
                      Unpaid obligations, end of year
                      8
                      8
                      8

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      7
                      8
                      8

                      3200
                      Obligated balance, end of year
                      8
                      8
                      8

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      11
                      11
                      11

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      2
                      4
                      3

                      4011
                      Outlays from discretionary balances
                      10
                      8
                      9

                      4020
                      Outlays, gross (total)
                      12
                      12
                      12

                      4180
                      Budget authority, net (total)
                      11
                      11
                      11

                      4190
                      Outlays, net (total)
                      12
                      12
                      12

             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, installation, 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. Thirty-six States participate in the program under HUD-approved
                State compliance plans and are reimbursed by HUD for their activities. HUD administers a compliance program for the remaining
                14 States.

             HUD administers the Manufactured Housing Consensus Committee to recommend revisions to and interpretations of the manufactured
                housing standards and regulations. HUD also develops and implements model standards for installation of manufactured housing,
                as well as an installation enforcement program. HUD administers installation enforcement programs in 14 States and oversees
                HUD-approved programs in 36 States. Finally, HUD administers a dispute resolution program for manufactured housing homeowners,
                retailers, installers, and manufacturers in 25 States and oversees HUD-approved dispute resolution programs in 25 States.

             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 Budget proposes to fund the costs of authorized
                activities with an estimated $11 million in fees to ensure HUD is able to fund all of its statutory requirements.

          Object Classification (in millions of dollars)

                      Identification code 086–8119–0–7–376
                      2016 actual
                      2017 est.
                      2018 est.

                      Direct obligations:

                      25.1
                      Advisory and assistance services
                      6
                      5
                      5

                      25.3
                      Other goods and services from Federal sources
                      1
                      1
                      1

                      41.0
                      Grants, subsidies, and contributions
                      6
                      6
                      6

                      99.9
                      Total new obligations, unexpired accounts
                      13
                      12
                      12

             Green Retrofit Program for Multifamily Housing Financing Account

             Program and Financing (in millions of dollars)

                      Identification code 086–4589–0- -604
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0742
                      Downward reestimates paid to receipt accounts
                      10
                      4

                      0743
                      Interest on downward reestimates
                      3
                      2

                      0900
                      Total new obligations, unexpired accounts
                      13
                      6

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      5

                      Financing authority:

                      Borrowing authority, mandatory:

                      1400
                      Borrowing authority
                      2

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      6
                      6
                      6

                      1900
                      Budget authority (total)
                      8
                      6
                      6

                      1930
                      Total budgetary resources available
                      13
                      6
                      6

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year

                      6

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      New obligations, unexpired accounts
                      13
                      6

                      3020
                      Outlays (gross)
                      –13
                      –6

                      Financing authority and disbursements, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      8
                      6
                      6

                      Financing disbursements:

                      4110
                      Outlays, gross (total)
                      13
                      6

                      Offsets against gross financing authority and disbursements:

                      Offsetting collections (collected) from:

                      4123
                      Non-Federal sources
                      –6
                      –6
                      –6

                      4180
                      Budget authority, net (total)
                      2

                      4190
                      Outlays, net (total)
                      7

                      –6

          Status of Direct Loans (in millions of dollars)

                      Identification code 086–4589–0- -604
                      2016 actual
                      2017 est.
                      2018 est.

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year
                      63
                      57
                      51

                      1251
                      Repayments: Repayments and prepayments
                      –6
                      –6
                      –6

                      1290
                      Outstanding, end of year
                      57
                      51
                      45

          Balance Sheet (in millions of dollars)

                      Identification code 086–4589–0- -604
                      2015 actual
                      2016 actual

                      ASSETS:

                      1101
                      Federal assets: Fund balances with Treasury
                      5

                      Net value of assets related to post-1991 direct loans receivable:

                      1401
                      Direct loans receivable, gross
                      63
                      57

                      1402
                      Interest receivable
                      1
                      1

                      1405
                      Allowance for subsidy cost (-)
                      –64
                      –53

                      1499
                      Net present value of assets related to direct loans

                      5

                      1999
                      Total assets
                      5
                      5

                      LIABILITIES:

                      2103
                      Federal liabilities: Debt
                      5
                      5

                      4999
                      Total liabilities and net position
                      5
                      5

             Government National Mortgage Association

             The Government National Mortgage Association (GNMA) was established by Federal charter 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
                      2016 actual
                      2017 est.
                      2018 est.

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      12,772
                      15,802
                      17,519

                      1010
                      Unobligated balance transfer to other accts [086–0186]
                      –205
                      –450
                      –450

                      1010
                      Unobligated balance transfer to other accts [086–4240]

                      –900
                      –900

                      1011
                      Unobligated balance transfer from other acct [086–4240]

                      80

                      1011
                      Unobligated balance transfer from other acct [086–4238]

                      28

                      1050
                      Unobligated balance (total)
                      12,567
                      14,532
                      16,197

                      Budget authority:

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Offsetting collections (negative subsidy)
                      1,415
                      1,243
                      1,623

                      1800
                      Offsetting collections (interest on investments)
                      24
                      71
                      225

                      1800
                      Offsetting collections (downward reestimate)
                      1,796
                      1,379

                      1800
                      Offsetting collections (interest on loans)

                      294

                      1850
                      Spending auth from offsetting collections, mand (total)
                      3,235
                      2,987
                      1,848

                      1930
                      Total budgetary resources available
                      15,802
                      17,519
                      18,045

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      15,802
                      17,519
                      18,045

                      Budget authority and outlays, net:

                      Discretionary:

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4030
                      Federal sources
                      –1,415
                      –1,243
                      –1,623

                      4040
                      Offsets against gross budget authority  and outlays (total)
                      –1,415
                      –1,243
                      –1,623

                      Mandatory:

                      4090
                      Budget authority, gross
                      3,235
                      2,987
                      1,848

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4120
                      Federal sources
                      –1,796
                      –1,673

                      4121
                      Interest on Federal securities
                      –24
                      –71
                      –225

                      4130
                      Offsets against gross budget authority and outlays (total)
                      –1,820
                      –1,744
                      –225

                      4160
                      Budget authority, net (mandatory)
                      1,415
                      1,243
                      1,623

                      4170
                      Outlays, net (mandatory)
                      –1,820
                      –1,744
                      –225

                      4180
                      Budget authority, net (total)

                      4190
                      Outlays, net (total)
                      –3,235
                      –2,987
                      –1,848

                      Memorandum (non-add) entries:

                      5000
                      Total investments, SOY: Federal securities: Par value
                      12,772
                      15,802
                      17,519

                      5001
                      Total investments, EOY: Federal securities: Par value
                      15,802
                      17,519
                      18,045

             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, downward reestimates, and loan repayments from the Financing
                Account. 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.

             Guarantees of mortgage-backed securities loan guarantee program accountNew 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, 2019: Provided, That $25,400,000 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 exceed $155,000,000,000 on or before April 1, 2018, 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.
          Note.—A full-year 2017 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
             budget assumes this account is operating under the Further Continuing Appropriations Act, 2017 (P.L. 114–254). The amounts
             included for 2017 reflect the annualized level provided by the continuing resolution.

          Program and Financing (in millions of dollars)

                      Identification code 086–0186–0–1–371
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0709
                      Administrative expenses
                      202
                      345
                      348

                      0801
                      Servicing Expenses
                      17
                      50
                      100

                      0900
                      Total new obligations, unexpired accounts
                      219
                      395
                      448

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      135
                      130
                      242

                      1001
                      Discretionary unobligated balance brought fwd, Oct 1
                      7
                      10

                      1011
                      Unobligated balance transfer from other acct [086–0238]
                      205
                      450
                      450

                      1020
                      Adjustment of unobligated bal brought forward, Oct 1
                      –40

                      1021
                      Recoveries of prior year unpaid obligations
                      17

                      1050
                      Unobligated balance (total)
                      317
                      580
                      692

                      Budget authority:

                      Spending authority from offsetting collections, discretionary:

                      1700
                      Collected
                      140
                      101
                      116

                      1725
                      Spending authority from offsetting collections precluded from obligation (limitation on obligations)
                      –114
                      –78
                      –91

                      1750
                      Spending auth from offsetting collections, disc (total)
                      26
                      23
                      25

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      6
                      37
                      38

                      1900
                      Budget authority (total)
                      32
                      60
                      63

                      1930
                      Total budgetary resources available
                      349
                      640
                      755

                      Memorandum (non-add) entries:

                      1940
                      Unobligated balance expiring

                      –3
                      –3

                      1941
                      Unexpired unobligated balance, end of year
                      130
                      242
                      304

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      290
                      311
                      544

                      3001
                      Adjustments to unpaid obligations, brought forward, Oct 1
                      40

                      3010
                      New obligations, unexpired accounts
                      219
                      395
                      448

                      3020
                      Outlays (gross)
                      –221
                      –162
                      –166

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –17

                      3050
                      Unpaid obligations, end of year
                      311
                      544
                      826

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      330
                      311
                      544

                      3200
                      Obligated balance, end of year
                      311
                      544
                      826

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      26
                      23
                      25

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      22
                      21
                      22

                      4011
                      Outlays from discretionary balances
                      3
                      4
                      6

                      4020
                      Outlays, gross (total)
                      25
                      25
                      28

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4033
                      Non-Federal sources
                      –140
                      –101
                      –116

                      Mandatory:

                      4090
                      Budget authority, gross
                      6
                      37
                      38

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority

                      37
                      38

                      4101
                      Outlays from mandatory balances
                      196
                      100
                      100

                      4110
                      Outlays, gross (total)
                      196
                      137
                      138

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4123
                      Non-Federal sources
                      –6
                      –37
                      –38

                      4180
                      Budget authority, net (total)
                      –114
                      –78
                      –91

                      4190
                      Outlays, net (total)
                      75
                      24
                      12

                      Memorandum (non-add) entries:

                      5090
                      Unexpired unavailable balance, SOY: Offsetting collections
                      409
                      523
                      601

                      5092
                      Unexpired unavailable balance, EOY: Offsetting collections
                      523
                      601
                      692

                      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
                      2016 actual
                      2017 est.
                      2018 est.

                      Guaranteed loan levels supportable by subsidy budget authority:

                      215001
                      Guarantees of Mortgage-Backed Securities
                      487,872
                      359,000
                      405,700

                      215999
                      Total loan guarantee levels
                      487,872
                      359,000
                      405,700

                      Guaranteed loan subsidy (in percent):

                      232001
                      Guarantees of Mortgage-Backed Securities
                      -.29
                      -.37
                      -.40

                      232999
                      Weighted average subsidy rate
                      -.29
                      -.37
                      -.40

                      Guaranteed loan subsidy budget authority:

                      233001
                      Guarantees of Mortgage-Backed Securities
                      –1,415
                      –1,328
                      –1,623

                      233999
                      Total subsidy budget authority
                      –1,415
                      –1,328
                      –1,623

                      Guaranteed loan subsidy outlays:

                      234001
                      Guarantees of Mortgage-Backed Securities
                      –1,415
                      –1,328
                      –1,623

                      234999
                      Total subsidy outlays
                      –1,415
                      –1,328
                      –1,623

                      Guaranteed loan reestimates:

                      235001
                      Guarantees of Mortgage-Backed Securities
                      –1,796
                      –1,378

                      235999
                      Total guaranteed loan reestimates
                      –1,796
                      –1,378

                      Administrative expense data:

                      3510
                      Budget authority
                      25
                      26
                      23

                      3590
                      Outlays from new authority
                      23
                      26
                      23

             The Budget requests loan commitment authority of $500 billion in 2018. The Budget also requests $25.4 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
                      2016 actual
                      2017 est.
                      2018 est.

                      Direct obligations:

                      Personnel compensation:

                      11.1
                      Full-time permanent
                      21
                      21
                      21

                      11.3
                      Other than full-time permanent

                      1
                      3

                      11.9
                      Total personnel compensation
                      21
                      22
                      24

                      12.1
                      Civilian personnel benefits
                      2
                      1
                      2

                      21.0
                      Travel and transportation of persons
                      1
                      2
                      2

                      25.2
                      Other services from non-Federal sources
                      178
                      320
                      320

                      99.0
                      Direct obligations
                      202
                      345
                      348

                      99.0
                      Reimbursable obligations
                      17
                      50
                      100

                      99.9
                      Total new obligations, unexpired accounts
                      219
                      395
                      448

          Employment Summary

                      Identification code 086–0186–0–1–371
                      2016 actual
                      2017 est.
                      2018 est.

                      1001
                      Direct civilian full-time equivalent employment
                      134
                      135
                      144

             Guarantees of Mortgage-backed Securities Financing Account

             Program and Financing (in millions of dollars)

                      Identification code 086–4240–0–3–371
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0003
                      Advances and other
                      280
                      100
                      130

                      0004
                      Preservation of collateral
                      121
                      480
                      442

                      0005
                      Payment of Interest on Borrowings

                      294

                      0091
                      Subtota—Advances and Operating Expenses
                      401
                      874
                      572

                      Credit program obligations:

                      0740
                      Negative subsidy obligations
                      1,415
                      1,328
                      1,623

                      0742
                      Downward reestimates paid to receipt accounts
                      1,738
                      1,337

                      0743
                      Interest on downward reestimates
                      58
                      42

                      0791
                      Direct program activities, subtotal
                      3,211
                      2,707
                      1,623

                      0900
                      Total new obligations, unexpired accounts
                      3,612
                      3,581
                      2,195

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      1,030
                      184

                      1010
                      Unobligated balance transfer to other accts [086–0238]

                      –80

                      1011
                      Unobligated balance transfer from other acct [086–0238]

                      900
                      900

                      1020
                      Adjustment of unobligated bal brought forward, Oct 1
                      1

                      1050
                      Unobligated balance (total)
                      1,031
                      1,004
                      900

                      Financing authority:

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      2,765
                      2,577
                      1,438

                      1930
                      Total budgetary resources available
                      3,796
                      3,581
                      2,338

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      184

                      143

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      271
                      226
                      226

                      3001
                      Adjustments to unpaid obligations, brought forward, Oct 1
                      –1

                      3010
                      New obligations, unexpired accounts
                      3,612
                      3,581
                      2,195

                      3020
                      Outlays (gross)
                      –3,656
                      –3,581
                      –2,285

                      3050
                      Unpaid obligations, end of year
                      226
                      226
                      136

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      270
                      226
                      226

                      3200
                      Obligated balance, end of year
                      226
                      226
                      136

                      Financing authority and disbursements, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      2,765
                      2,577
                      1,438

                      Financing disbursements:

                      4110
                      Outlays, gross (total)
                      3,656
                      3,581
                      2,285

                      Offsets against gross financing authority and disbursements:

                      Offsetting collections (collected) from:

                      4122
                      Interest on uninvested funds
                      –59
                      –59
                      –59

                      4123
                      Guarantee Fees
                      –1,053
                      –1,004
                      –885

                      4123
                      Repayment of advances
                      –1,653
                      –1,514
                      –494

                      4130
                      Offsets against gross budget authority and outlays (total)
                      –2,765
                      –2,577
                      –1,438

                      4170
                      Outlays, net (mandatory)
                      891
                      1,004
                      847

                      4180
                      Budget authority, net (total)

                      4190
                      Outlays, net (total)
                      891
                      1,004
                      847

          Status of Guaranteed Loans (in millions of dollars)

                      Identification code 086–4240–0–3–371
                      2016 actual
                      2017 est.
                      2018 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
                      494,414
                      500,000
                      500,000

                      2142
                      Uncommitted loan guarantee limitation
                      –6,542
                      –141,000
                      –94,300

                      2143
                      Uncommitted limitation carried forward
                      –500,000
                      –500,000
                      –500,000

                      2150
                      Total guaranteed loan commitments
                      487,872
                      359,000
                      405,700

                      2199
                      Guaranteed amount of guaranteed loan commitments
                      487,872
                      359,000
                      405,700

                      Cumulative balance of guaranteed loans outstanding:

                      2210
                      Outstanding, start of year
                      1,608,790
                      1,728,092
                      1,803,378

                      2231
                      Disbursements of new guaranteed loans
                      487,872
                      359,000
                      405,700

                      2251
                      Repayments and prepayments
                      –368,570
                      –283,714
                      –283,714

                      2290
                      Outstanding, end of year
                      1,728,092
                      1,803,378
                      1,925,364

                      Memorandum:

                      2299
                      Guaranteed amount of guaranteed loans outstanding, end of year
                      1,728,092
                      1,803,378
                      1,925,364

          Balance Sheet (in millions of dollars)

                      Identification code 086–4240–0–3–371
                      2015 actual
                      2016 actual

                      ASSETS:

                      1101
                      Federal assets: Fund balances with Treasury
                      1,031
                      1,031

                      1206
                      Non-Federal assets: Receivables, net
                      442
                      442

                      1401
                      Net value of assets related to post-1991 direct loans receivable: Direct loans receivable, gross
                      6,115
                      6,115

                      1505
                      Net value of assets related to post-1991 acquired defaulted guaranteed loans receivable: Allowance for subsidy cost (-)
                      –789
                      –789

                      1999
                      Total assets
                      6,799
                      6,799

                      LIABILITIES:

                      Non-Federal liabilities:

                      2201
                      Accounts payable
                      89
                      89

                      2207
                      Other

                      2999
                      Total liabilities
                      89
                      89

                      NET POSITION:

                      3300
                      Cumulative results of operations
                      6,710
                      6,710

                      4999
                      Total liabilities and net position
                      6,799
                      6,799

             Guarantees of Mortgage-backed Securities Liquidating Account

             Program and Financing (in millions of dollars)

                      Identification code 086–4238–0–3–371
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0001
                      Administrative contract expenses
                      1

                      0002
                      Operating expenses

                      0002
                      Operating expenses

                      1
                      1

                      0900
                      Total new obligations, unexpired accounts (object class 43.0)
                      1
                      1
                      1

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      128
                      128
                      128

                      1010
                      Unobligated balance transfer to other accts [086–0238]

                      –28

                      1050
                      Unobligated balance (total)
                      128
                      128
                      100

                      Budget authority:

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      1
                      1
                      1

                      1930
                      Total budgetary resources available
                      129
                      129
                      101

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      128
                      128
                      100

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      23
                      24
                      23

                      3010
                      New obligations, unexpired accounts
                      1
                      1
                      1

                      3020
                      Outlays (gross)

                      –2
                      –2

                      3050
                      Unpaid obligations, end of year
                      24
                      23
                      22

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      23
                      24
                      23

                      3200
                      Obligated balance, end of year
                      24
                      23
                      22

                      Budget authority and outlays, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      1
                      1
                      1

                      Outlays, gross:

                      4101
                      Outlays from mandatory balances

                      2
                      2

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4123
                      Non-Federal sources
                      –1
                      –1
                      –1

                      4180
                      Budget authority, net (total)

                      4190
                      Outlays, net (total)
                      –1
                      1
                      1

                      Memorandum (non-add) entries:

                      5000
                      Total investments, SOY: Federal securities: Par value
                      151
                      151
                      149

                      5001
                      Total investments, EOY: Federal securities: Par value
                      151
                      149
                      119

          Balance Sheet (in millions of dollars)

                      Identification code 086–4238–0–3–371
                      2015 actual
                      2016 actual

                      ASSETS:

                      Federal assets:

                      Investments in US securities:

                      1102
                      Treasury securities, par
                      151
                      151

                      1106
                      Receivables, net

                      1601
                      Direct loans, gross

                      1603
                      Allowance for estimated uncollectible loans and interest (-)

                      1699
                      Value of assets related to direct loans

                      1901
                      Other Federal assets: Other assets

                      1999
                      Total assets
                      151
                      151

                      LIABILITIES:

                      Non-Federal liabilities:

                      2201
                      Accounts payable

                      2207
                      Other
                      23
                      23

                      2999
                      Total liabilities
                      23
                      23

                      NET POSITION:

                      3300
                      Cumulative results of operations
                      128
                      128

                      4999
                      Total liabilities and net position
                      151
                      151

             Policy Development and Research

             Federal Funds
             Research and technologyFor 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, $85,000,000, to remain available until September 30, 2019: Provided, That with respect to amounts made available under this heading, notwithstanding section 204 of this title, the Secretary
                may enter into cooperative agreements  with philanthropic entities, other Federal agencies,  State or local governments and their agencies, or colleges or universities for research projects: Provided further, That with respect to the previous proviso, not more than 50 percent  of the cost of  such projects may come from amounts made available under this heading.
          Note.—A full-year 2017 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
             budget assumes this account is operating under the Further Continuing Appropriations Act, 2017 (P.L. 114–254). The amounts
             included for 2017 reflect the annualized level provided by the continuing resolution.

          Program and Financing (in millions of dollars)

                      Identification code 086–0108–0–1–451
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0001
                      Contracts, Grants and Cooperative Agreements
                      57
                      52
                      50

                      0002
                      Research and Demonstrations
                      3
                      17
                      10

                      0003
                      Technical Assistance
                      45
                      27
                      25

                      0799
                      Total direct obligations
                      105
                      96
                      85

                      0801
                      BJA Pay for Success Evaluation
                      1
                      2

                      0900
                      Total new obligations, unexpired accounts
                      106
                      98
                      85

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      30
                      11

                      1021
                      Recoveries of prior year unpaid obligations
                      1

                      1050
                      Unobligated balance (total)
                      31
                      11

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      85
                      85
                      85

                      Spending authority from offsetting collections, discretionary:

                      1700
                      Collected
                      1
                      2

                      1900
                      Budget authority (total)
                      86
                      87
                      85

                      1930
                      Total budgetary resources available
                      117
                      98
                      85

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      11

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      25
                      66
                      98

                      3010
                      New obligations, unexpired accounts
                      106
                      98
                      85

                      3011
                      Obligations ("upward adjustments"), expired accounts
                      1

                      3020
                      Outlays (gross)
                      –63
                      –66
                      –68

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –1

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –2

                      3050
                      Unpaid obligations, end of year
                      66
                      98
                      115

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      25
                      66
                      98

                      3200
                      Obligated balance, end of year
                      66
                      98
                      115

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      86
                      87
                      85

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      43
                      33
                      33

                      4011
                      Outlays from discretionary balances
                      20
                      33
                      35

                      4020
                      Outlays, gross (total)
                      63
                      66
                      68

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4030
                      Federal sources
                      –1
                      –2

                      4180
                      Budget authority, net (total)
                      85
                      85
                      85

                      4190
                      Outlays, net (total)
                      62
                      64
                      68

             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
                (PD&R) through in-house analysis by staff; contracts with industry, nonprofit research organizations, and educational institutions;
                and cooperative agreements with educational, governmental, and philanthropic entities.

             The 2018 Budget requests $85 million for HUD's Research and Technology (R&T) program. R&T investments support HUD's enterprise-wide
                commitment to integrate evidence and cross-disciplinary intelligence throughout program policy, management, and operations.
                The request consists of $50 million for core research support, surveys, data infrastructure, and knowledge management (i.e.,
                research dissemination); $10 million for research, evaluations, and demonstrations; and $25 million for technical assistance.

             The Budget funds several 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 priorities established in the 2017 update of HUD's Research Roadmap, including the long-term commitment
                to evaluate Moving-to-Work policy initiatives and expansion.

             Centralized technical assistance through the R&T account enables HUD to support its partners with better coordinated, cross-program
                TA rather than the conventional, program-oriented technical assistance. HUD's mission for affordable housing and community
                development is carried out in a complex community environment; the more comprehensive approach is valuable for helping grantees,
                PHAs, and other partners implement programs in an informed, aligned, and holistic way.

          Object Classification (in millions of dollars)

                      Identification code 086–0108–0–1–451
                      2016 actual
                      2017 est.
                      2018 est.

                      Direct obligations:

                      25.5
                      Research and development contracts
                      60
                      55
                      49

                      41.0
                      Grants, subsidies, and contributions
                      45
                      41
                      36

                      99.0
                      Direct obligations
                      105
                      96
                      85

                      99.0
                      Reimbursable obligations
                      1
                      2

                      99.9
                      Total new obligations, unexpired accounts
                      106
                      98
                      85

             Fair Housing and Equal Opportunity

             Federal Funds
             Fair housing activitiesFor 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, to remain available until September 30, 2019: 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.
          Note.—A full-year 2017 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
             budget assumes this account is operating under the Further Continuing Appropriations Act, 2017 (P.L. 114–254). The amounts
             included for 2017 reflect the annualized level provided by the continuing resolution.

          Program and Financing (in millions of dollars)

                      Identification code 086–0144–0–1–751
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0001
                      Fair Housing Assistance
                      27
                      26
                      24

                      0002
                      Fair Housing Initiatives
                      67
                      39
                      39

                      0005
                      National Fair Housing Training Academy
                      2
                      2
                      2

                      0900
                      Total new obligations (object class 41.0)
                      96
                      67
                      65

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      37
                      7
                      6

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      65
                      65
                      65

                      Spending authority from offsetting collections, discretionary:

                      1700
                      Collected
                      1
                      1
                      1

                      1900
                      Budget authority (total)
                      66
                      66
                      66

                      1930
                      Total budgetary resources available
                      103
                      73
                      72

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      7
                      6
                      7

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      69
                      100
                      100

                      3010
                      New obligations, unexpired accounts
                      96
                      67
                      65

                      3020
                      Outlays (gross)
                      –64
                      –67
                      –68

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –1

                      3050
                      Unpaid obligations, end of year
                      100
                      100
                      97

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      69
                      100
                      100

                      3200
                      Obligated balance, end of year
                      100
                      100
                      97

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      66
                      66
                      66

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority

                      4
                      4

                      4011
                      Outlays from discretionary balances
                      64
                      63
                      64

                      4020
                      Outlays, gross (total)
                      64
                      67
                      68

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4033
                      Non-Federal sources
                      –1
                      –1
                      –1

                      4180
                      Budget authority, net (total)
                      65
                      65
                      65

                      4190
                      Outlays, net (total)
                      63
                      66
                      67

             The Budget requests $65.3 million for fair housing activities to support efforts to end housing discrimination. Of the amount
                requested, $24.3 million is for the Fair Housing Assistance Program (FHAP); $39.2 million is for the Fair Housing Initiatives
                Program (FHIP); $1.5 million is for the National Fair Housing Training Academy (NFHTA); 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 administer a fair housing law that HUD has certified as substantially
                equivalent to the Federal Fair Housing Act. It is estimated that there will be a total of 85 FHAP jurisdictions in 2018. The
                funding requested for FHAP supports intergovernmental partnerships by funding State and local agencies to perform local fair
                housing enforcement. It also addresses 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, and directly supports
                HUD's mission to create strong, inclusive communities free from discrimination.

             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. HUD's grants
                will support some 155 National and local fair housing organizations working to confront violations of the nation's landmark
                Fair Housing Act. These grants allow the organizations to provide fair housing enforcement through testing in the rental and
                sales markets, to file fair housing complaints to HUD, and to conduct investigations. Further, the education and outreach
                activities these organizations conduct also help to educate the public, housing providers, and local governments about their
                rights and responsibilities under the Fair Housing Act.

             The 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 reductionFor the Lead Hazard Reduction Program, as authorized by section 1011 of the Residential Lead-Based Paint Hazard Reduction
                Act of 1992, $130,000,000, to remain available until September 30, 2019, of which up to $25,000,000 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, 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, an amount to be determined by the Secretary 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 previous proviso shall contribute an amount not less than 25 percent of
                the total: 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.
          Note.—A full-year 2017 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
             budget assumes this account is operating under the Further Continuing Appropriations Act, 2017 (P.L. 114–254). The amounts
             included for 2017 reflect the annualized level provided by the continuing resolution.

          Program and Financing (in millions of dollars)

                      Identification code 086–0174–0–1–451
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0001
                      Lead Hazard Reduction Grants
                      46
                      43
                      55

                      0002
                      Lead Hazard Reduction Demonstration
                      42
                      45
                      45

                      0003
                      Healthy Homes
                      20
                      20
                      25

                      0004
                      Lead Technical Studies
                      1
                      2
                      5

                      0900
                      Total new obligations (object class 41.0)
                      109
                      110
                      130

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      3
                      4
                      4

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      110
                      110
                      130

                      1930
                      Total budgetary resources available
                      113
                      114
                      134

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      4
                      4
                      4

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      311
                      317
                      326

                      3010
                      New obligations, unexpired accounts
                      109
                      110
                      130

                      3020
                      Outlays (gross)
                      –95
                      –101
                      –101

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –8

                      3050
                      Unpaid obligations, end of year
                      317
                      326
                      355

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      311
                      317
                      326

                      3200
                      Obligated balance, end of year
                      317
                      326
                      355

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      110
                      110
                      130

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority

                      1
                      1

                      4011
                      Outlays from discretionary balances
                      95
                      100
                      100

                      4020
                      Outlays, gross (total)
                      95
                      101
                      101

                      4180
                      Budget authority, net (total)
                      110
                      110
                      130

                      4190
                      Outlays, net (total)
                      95
                      101
                      101

             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 requests $130 million including $100 million for HUD's Lead Hazard Control Program; $25 million for the Healthy Homes
                Program; and $5 million for lead-based paint technical studies and support. The Budget includes an appropriations provision
                that would allow the transfer of unobligated balances and recaptured funds from undersubscribed competitive programs to other
                competitive programs experiencing oversubscription.

             The Lead Hazard Control Grant Program provides grants of $1 million to $3 million to State and local governments and Indian
                Tribes for control of lead-based paint hazards in pre-1978 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. In addition, Healthy Homes funding is used to provide technical support
                and training; assist in completion of national surveys; and conduct education and outreach to help State, local and non-governmental
                agencies, housing industry stakeholders, and the public understand the health and housing relationship and identify and address
                housing-related health and safety hazards.

             The Office of Lead Hazard Control and Healthy Homes will continue its lead-based paint technical studies and support activities,
                which include 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 officesFor 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, $14,708,000: 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.
          Note.—A full-year 2017 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
             budget assumes this account is operating under the Further Continuing Appropriations Act, 2017 (P.L. 114–254). The amounts
             included for 2017 reflect the annualized level provided by the continuing resolution.

          Program and Financing (in millions of dollars)

                      Identification code 086–0332–0–1–604
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0001
                      Personnel costs
                      12
                      8
                      10

                      0002
                      Benefits
                      1
                      3
                      3

                      0003
                      Non-Personnel costs
                      1
                      3
                      2

                      0900
                      Total new obligations, unexpired accounts
                      14
                      14
                      15

                      Budgetary resources:

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      14
                      14
                      15

                      1930
                      Total budgetary resources available
                      14
                      14
                      15

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      1
                      2
                      2

                      3010
                      New obligations, unexpired accounts
                      14
                      14
                      15

                      3020
                      Outlays (gross)
                      –13
                      –14
                      –15

                      3050
                      Unpaid obligations, end of year
                      2
                      2
                      2

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      1
                      2
                      2

                      3200
                      Obligated balance, end of year
                      2
                      2
                      2

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      14
                      14
                      15

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      12
                      14
                      15

                      4011
                      Outlays from discretionary balances
                      1

                      4020
                      Outlays, gross (total)
                      13
                      14
                      15

                      4180
                      Budget authority, net (total)
                      14
                      14
                      15

                      4190
                      Outlays, net (total)
                      13
                      14
                      15

             The Executive Offices account supports the total salaries and expenses of the Department's executive 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.
                The Budget requests $14.7 million for this account.

          Object Classification (in millions of dollars)

                      Identification code 086–0332–0–1–604
                      2016 actual
                      2017 est.
                      2018 est.

                      Direct obligations:

                      11.1
                      Personnel compensation: Full-time permanent
                      10
                      8
                      10

                      12.1
                      Civilian personnel benefits
                      3
                      3
                      3

                      21.0
                      Travel and transportation of persons

                      1

                      25.2
                      Other services from non-Federal sources
                      1
                      2
                      1

                      25.3
                      Other goods and services from Federal sources

                      1

                      99.9
                      Total new obligations, unexpired accounts
                      14
                      14
                      15

          Employment Summary

                      Identification code 086–0332–0–1–604
                      2016 actual
                      2017 est.
                      2018 est.

                      1001
                      Direct civilian full-time equivalent employment
                      80
                      71
                      80

             Administrative support officesFor necessary salaries and expenses for Administrative Support Offices, $517,803,000, of which $10,762,000 shall be available for, including the establishment of, the Office of the Chief Operations Officer; $50,340,000 shall be available for the Office of the Chief Financial Officer; $92,006,000 shall be available for the Office of the General Counsel; $205,873,000 shall be available for the Office of Administration; $38,245,000 shall be available for the Office of the Chief Human Capital Officer; $49,588,000 shall be available for the Office of Field Policy and Management; $19,065,000 shall be available for the Office of the Chief Procurement Officer; $3,570,000 shall be available for the Office of Departmental Equal Employment Opportunity; $4,475,000 shall be available for the Office of Strategic Planning and Management; and $43,879,000 shall be available for the Office of the Chief Information Officer: 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 directly support program activities funded in this title: Provided further, That in addition to the transfer authority under section 212 of this Act, of the amount appropriated for the Office of the Chief
                   Operations Officer under this heading, the Secretary may transfer up to $10,000,000 to the heading "Information Technology
                   Fund" or to any office under this heading, or to any account under the heading "Program Office Salaries and Expenses", to
                   support rental assistance reform efforts.
          Note.—A full-year 2017 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
             budget assumes this account is operating under the Further Continuing Appropriations Act, 2017 (P.L. 114–254). The amounts
             included for 2017 reflect the annualized level provided by the continuing resolution.

          Program and Financing (in millions of dollars)

                      Identification code 086–0335–0–1–999
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0001
                      Personnel compensation
                      220
                      212
                      213

                      0002
                      Non-personnel costs
                      225
                      271
                      230

                      0003
                      Benefits
                      76
                      75
                      75

                      0900
                      Total new obligations, unexpired accounts
                      521
                      558
                      518

                      Budgetary resources:

                      Unobligated balance:

                      1011
                      Unobligated balance transfer from other acct [086–0334]
                      3

                      1011
                      Unobligated balance transfer from other acct [086–0337]
                      2

                      1011
                      Unobligated balance transfer from other acct [086–0338]
                      1

                      1011
                      Unobligated balance transfer from other acct [086–0340]
                      1

                      1012
                      Unobligated balance transfers between expired and unexpired accounts
                      1

                      1050
                      Unobligated balance (total)
                      8

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      559
                      558
                      518

                      1120
                      Appropriations transferred to other acct [086–4598]
                      –45

                      1121
                      Appropriations transferred from other acct [086–0337]
                      2

                      1121
                      Appropriations transferred from other acct [086–0334]
                      4

                      1160
                      Appropriation, discretionary (total)
                      520
                      558
                      518

                      1900
                      Budget authority (total)
                      520
                      558
                      518

                      1930
                      Total budgetary resources available
                      528
                      558
                      518

                      Memorandum (non-add) entries:

                      1940
                      Unobligated balance expiring
                      –7

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      103
                      117
                      84

                      3001
                      Adjustments to unpaid obligations, brought forward, Oct 1
                      –3

                      3010
                      New obligations, unexpired accounts
                      521
                      558
                      518

                      3011
                      Obligations ("upward adjustments"), expired accounts
                      6

                      3020
                      Outlays (gross)
                      –492
                      –591
                      –524

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –18

                      3050
                      Unpaid obligations, end of year
                      117
                      84
                      78

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      100
                      117
                      84

                      3200
                      Obligated balance, end of year
                      117
                      84
                      78

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      520
                      558
                      518

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      434
                      474
                      440

                      4011
                      Outlays from discretionary balances
                      58
                      117
                      84

                      4020
                      Outlays, gross (total)
                      492
                      591
                      524

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4030
                      Federal sources
                      –1

                      4033
                      Non-Federal sources
                      –1

                      4040
                      Offsets against gross budget authority  and outlays (total)
                      –2

                      Additional offsets against gross budget authority only:

                      4052
                      Offsetting collections credited to expired accounts
                      2

                      4070
                      Budget authority, net (discretionary)
                      520
                      558
                      518

                      4080
                      Outlays, net (discretionary)
                      490
                      591
                      524

                      4180
                      Budget authority, net (total)
                      520
                      558
                      518

                      4190
                      Outlays, net (total)
                      490
                      591
                      524

             The 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, Administration and, beginning
                in 2018, the Chief Operations Officer. The ASO account supports all personnel and non-personnel expenses for these offices.
                The Budget requests a total of $517.8 million for this account. Of the amount requested for the Chief Operations Office, up
                to $10 million may be transferred to any other office under this heading, any Program Office Salaries and Expenses account,
                and/or the Information Technology Fund.

          Object Classification (in millions of dollars)

                      Identification code 086–0335–0–1–999
                      2016 actual
                      2017 est.
                      2018 est.

                      Direct obligations:

                      Personnel compensation:

                      11.1
                      Full-time permanent
                      215
                      206
                      207

                      11.3
                      Other than full-time permanent
                      1
                      1
                      1

                      11.5
                      Other personnel compensation
                      5
                      5
                      5

                      11.9
                      Total personnel compensation
                      221
                      212
                      213

                      12.1
                      Civilian personnel benefits
                      76
                      75
                      75

                      21.0
                      Travel and transportation of persons
                      4
                      4
                      4

                      23.1
                      Rental payments to GSA
                      104
                      105
                      105

                      23.3
                      Communications, utilities, and miscellaneous charges
                      20
                      20
                      20

                      24.0
                      Printing and reproduction
                      1
                      1
                      1

                      25.1
                      Advisory and assistance services
                      80
                      84
                      74

                      25.2
                      Other services from non-Federal sources

                      4
                      4

                      25.3
                      Other goods and services from Federal sources

                      42
                      13

                      25.4
                      Operation and maintenance of facilities
                      4
                      4
                      4

                      26.0
                      Supplies and materials
                      2
                      2
                      1

                      31.0
                      Equipment
                      7
                      3
                      3

                      42.0
                      Insurance claims and indemnities
                      2
                      2
                      1

                      99.9
                      Total new obligations, unexpired accounts
                      521
                      558
                      518

          Employment Summary

                      Identification code 086–0335–0–1–999
                      2016 actual
                      2017 est.
                      2018 est.

                      1001
                      Direct civilian full-time equivalent employment
                      1,845
                      1,802
                      1,772

             Program Office Salaries and Expenses
             Public and indian housingFor necessary salaries and expenses of the Office of Public and Indian Housing, $216,633,000.
          Note.—A full-year 2017 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
             budget assumes this account is operating under the Further Continuing Appropriations Act, 2017 (P.L. 114–254). The amounts
             included for 2017 reflect the annualized level provided by the continuing resolution.

          Program and Financing (in millions of dollars)

                      Identification code 086–0337–0–1–604
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0001
                      Personnel costs
                      144
                      151
                      151

                      0002
                      Benefits
                      44
                      46
                      46

                      0004
                      Non-personnel expenses
                      10
                      8
                      20

                      0900
                      Total new obligations, unexpired accounts
                      198
                      205
                      217

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1

                      2
                      2

                      1010
                      Unobligated balance transfer to other accts [086–0335]
                      –2

                      1012
                      Unobligated balance transfers between expired and unexpired accounts
                      2

                      1050
                      Unobligated balance (total)

                      2
                      2

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      206
                      205
                      217

                      1120
                      Appropriations transferred to other accts [086–0335]
                      –2

                      1120
                      Appropriations transferred to other accts [086–4598]
                      –2

                      1160
                      Appropriation, discretionary (total)
                      202
                      205
                      217

                      1930
                      Total budgetary resources available
                      202
                      207
                      219

                      Memorandum (non-add) entries:

                      1940
                      Unobligated balance expiring
                      –2

                      1941
                      Unexpired unobligated balance, end of year
                      2
                      2
                      2

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      15
                      18

                      3010
                      New obligations, unexpired accounts
                      198
                      205
                      217

                      3011
                      Obligations ("upward adjustments"), expired accounts
                      3

                      3020
                      Outlays (gross)
                      –195
                      –223
                      –216

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –3

                      3050
                      Unpaid obligations, end of year
                      18

                      1

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      15
                      18

                      3200
                      Obligated balance, end of year
                      18

                      1

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      202
                      205
                      217

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      186
                      203
                      214

                      4011
                      Outlays from discretionary balances
                      9
                      20
                      2

                      4020
                      Outlays, gross (total)
                      195
                      223
                      216

                      4180
                      Budget authority, net (total)
                      202
                      205
                      217

                      4190
                      Outlays, net (total)
                      195
                      223
                      216

             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 and other HUD-assisted housing. The Budget requests $216.6 million for this account.

          Object Classification (in millions of dollars)

                      Identification code 086–0337–0–1–604
                      2016 actual
                      2017 est.
                      2018 est.

                      Direct obligations:

                      Personnel compensation:

                      11.1
                      Full-time permanent
                      142
                      149
                      149

                      11.5
                      Other personnel compensation
                      2
                      2
                      2

                      11.9
                      Total personnel compensation
                      144
                      151
                      151

                      12.1
                      Civilian personnel benefits
                      44
                      46
                      46

                      21.0
                      Travel and transportation of persons
                      4
                      3
                      3

                      25.2
                      Other services from non-Federal sources
                      6
                      5
                      3

                      25.3
                      Other goods and services from Federal sources

                      14

                      99.9
                      Total new obligations, unexpired accounts
                      198
                      205
                      217

          Employment Summary

                      Identification code 086–0337–0–1–604
                      2016 actual
                      2017 est.
                      2018 est.

                      1001
                      Direct civilian full-time equivalent employment
                      1,346
                      1,375
                      1,343

             Community planning and developmentFor necessary salaries and expenses of the Office of Community Planning and Development, $107,554,000.
          Note.—A full-year 2017 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
             budget assumes this account is operating under the Further Continuing Appropriations Act, 2017 (P.L. 114–254). The amounts
             included for 2017 reflect the annualized level provided by the continuing resolution.

          Program and Financing (in millions of dollars)

                      Identification code 086–0338–0–1–451
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0001
                      Personnel costs
                      77
                      79
                      78

                      0002
                      Benefits
                      23
                      23
                      23

                      0006
                      Non-personnel expenses
                      3
                      2
                      7

                      0007
                      Disaster supplemental—PS

                      3

                      0900
                      Total new obligations, unexpired accounts
                      103
                      107
                      108

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      6
                      7
                      11

                      1010
                      Unobligated balance transfer to other accts [086–0335]
                      –1

                      1011
                      Unobligated balance transfer from other acct [086–0143]

                      1

                      1011
                      Unobligated balance transfer from other acct [086–0162]

                      2

                      1012
                      Unobligated balance transfers between expired and unexpired accounts
                      1

                      1050
                      Unobligated balance (total)
                      6
                      10
                      11

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      105
                      105
                      108

                      1120
                      Appropriations transferred to other acct [086–4598]
                      –1

                      1121
                      Appropriations transferred from other acct [086–0162]
                      1
                      3

                      1160
                      Appropriation, discretionary (total)
                      105
                      108
                      108

                      1930
                      Total budgetary resources available
                      111
                      118
                      119

                      Memorandum (non-add) entries:

                      1940
                      Unobligated balance expiring
                      –1

                      1941
                      Unexpired unobligated balance, end of year
                      7
                      11
                      11

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      5
                      5
                      5

                      3010
                      New obligations, unexpired accounts
                      103
                      107
                      108

                      3020
                      Outlays (gross)
                      –103
                      –107
                      –110

                      3050
                      Unpaid obligations, end of year
                      5
                      5
                      3

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      5
                      5
                      5

                      3200
                      Obligated balance, end of year
                      5
                      5
                      3

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      105
                      108
                      108

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      98
                      104
                      107

                      4011
                      Outlays from discretionary balances
                      5
                      3
                      3

                      4020
                      Outlays, gross (total)
                      103
                      107
                      110

                      4180
                      Budget authority, net (total)
                      105
                      108
                      108

                      4190
                      Outlays, net (total)
                      103
                      107
                      110

             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. The Budget requests $107.6 million for this account.

          Object Classification (in millions of dollars)

                      Identification code 086–0338–0–1–451
                      2016 actual
                      2017 est.
                      2018 est.

                      11.1
                      Direct obligations: Personnel compensation: Full-time permanent
                      77
                      82
                      78

                      11.9
                      Total personnel compensation
                      77
                      82
                      78

                      12.1
                      Civilian personnel benefits
                      23
                      23
                      23

                      21.0
                      Travel and transportation of persons
                      1

                      25.2
                      Other services from non-Federal sources
                      2
                      2
                      2

                      25.3
                      Other goods and services from Federal sources

                      5

                      99.9
                      Total new obligations, unexpired accounts
                      103
                      107
                      108

          Employment Summary

                      Identification code 086–0338–0–1–451
                      2016 actual
                      2017 est.
                      2018 est.

                      1001
                      Direct civilian full-time equivalent employment
                      746
                      729
                      703

             HousingFor necessary salaries and expenses of the Office of Housing, $365,829,000.
          Note.—A full-year 2017 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
             budget assumes this account is operating under the Further Continuing Appropriations Act, 2017 (P.L. 114–254). The amounts
             included for 2017 reflect the annualized level provided by the continuing resolution.

          Program and Financing (in millions of dollars)

                      Identification code 086–0334–0–1–604
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0001
                      Personnel costs
                      269
                      266
                      261

                      0002
                      Benefits
                      84
                      83
                      81

                      0003
                      Non-Personnel Services
                      12
                      25
                      24

                      0900
                      Total new obligations, unexpired accounts
                      365
                      374
                      366

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1

                      1
                      3

                      1010
                      Unobligated balance transfer to other accts [086–0335]
                      –3

                      1012
                      Unobligated balance transfers between expired and unexpired accounts
                      3

                      1050
                      Unobligated balance (total)

                      1
                      3

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      376
                      374
                      366

                      1120
                      Appropriations transferred to other accts [086–0335]
                      –4

                      1120
                      Appropriations transferred to other acct [086–4598]
                      –4

                      1160
                      Appropriation, discretionary (total)
                      368
                      374
                      366

                      Spending authority from offsetting collections, discretionary:

                      1700
                      Collected

                      2

                      1701
                      Change in uncollected payments, Federal sources
                      2

                      1750
                      Spending auth from offsetting collections, disc (total)
                      2
                      2

                      1900
                      Budget authority (total)
                      370
                      376
                      366

                      1930
                      Total budgetary resources available
                      370
                      377
                      369

                      Memorandum (non-add) entries:

                      1940
                      Unobligated balance expiring
                      –4

                      1941
                      Unexpired unobligated balance, end of year
                      1
                      3
                      3

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      23
                      26
                      3

                      3010
                      New obligations, unexpired accounts
                      365
                      374
                      366

                      3011
                      Obligations ("upward adjustments"), expired accounts
                      1

                      3020
                      Outlays (gross)
                      –361
                      –397
                      –366

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –2

                      3050
                      Unpaid obligations, end of year
                      26
                      3
                      3

                      Uncollected payments:

                      3060
                      Uncollected pymts, Fed sources, brought forward, Oct 1

                      –2
                      –2

                      3070
                      Change in uncollected pymts, Fed sources, unexpired
                      –2

                      3090
                      Uncollected pymts, Fed sources, end of year
                      –2
                      –2
                      –2

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      23
                      24
                      1

                      3200
                      Obligated balance, end of year
                      24
                      1
                      1

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      370
                      376
                      366

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      345
                      372
                      362

                      4011
                      Outlays from discretionary balances
                      16
                      25
                      4

                      4020
                      Outlays, gross (total)
                      361
                      397
                      366

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4030
                      Federal sources

                      –2

                      Additional offsets against gross budget authority only:

                      4050
                      Change in uncollected pymts, Fed sources, unexpired
                      –2

                      4070
                      Budget authority, net (discretionary)
                      368
                      374
                      366

                      4080
                      Outlays, net (discretionary)
                      361
                      395
                      366

                      4180
                      Budget authority, net (total)
                      368
                      374
                      366

                      4190
                      Outlays, net (total)
                      361
                      395
                      366

             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. The Budget requests $365.8 million for this account.

          Object Classification (in millions of dollars)

                      Identification code 086–0334–0–1–604
                      2016 actual
                      2017 est.
                      2018 est.

                      Direct obligations:

                      Personnel compensation:

                      11.1
                      Full-time permanent
                      264
                      261
                      257

                      11.5
                      Other personnel compensation
                      5
                      5
                      4

                      11.9
                      Total personnel compensation
                      269
                      266
                      261

                      12.1
                      Civilian personnel benefits
                      84
                      83
                      81

                      21.0
                      Travel and transportation of persons
                      5
                      5
                      5

                      25.2
                      Other services from non-Federal sources
                      7
                      20
                      6

                      25.3
                      Other goods and services from Federal sources

                      13

                      99.9
                      Total new obligations, unexpired accounts
                      365
                      374
                      366

          Employment Summary

                      Identification code 086–0334–0–1–604
                      2016 actual
                      2017 est.
                      2018 est.

                      1001
                      Direct civilian full-time equivalent employment
                      2,602
                      2,542
                      2,431

             Policy development and researchFor necessary salaries and expenses of the Office of Policy Development and Research, $24,065,000.
          Note.—A full-year 2017 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
             budget assumes this account is operating under the Further Continuing Appropriations Act, 2017 (P.L. 114–254). The amounts
             included for 2017 reflect the annualized level provided by the continuing resolution.

          Program and Financing (in millions of dollars)

                      Identification code 086–0339–0–1–451
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0001
                      Personnel costs
                      16
                      16
                      16

                      0002
                      Benefits
                      5
                      5
                      5

                      0003
                      Non-personnel expenses
                      1
                      2
                      3

                      0900
                      Total new obligations, unexpired accounts
                      22
                      23
                      24

                      Budgetary resources:

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      23
                      23
                      24

                      1120
                      Appropriations transferred to other acct [086–4598]
                      –1

                      1160
                      Appropriation, discretionary (total)
                      22
                      23
                      24

                      1930
                      Total budgetary resources available
                      22
                      23
                      24

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      2
                      2

                      3010
                      New obligations, unexpired accounts
                      22
                      23
                      24

                      3020
                      Outlays (gross)
                      –22
                      –25
                      –24

                      3050
                      Unpaid obligations, end of year
                      2

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      2
                      2

                      3200
                      Obligated balance, end of year
                      2

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      22
                      23
                      24

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      21
                      23
                      24

                      4011
                      Outlays from discretionary balances
                      1
                      2

                      4020
                      Outlays, gross (total)
                      22
                      25
                      24

                      4180
                      Budget authority, net (total)
                      22
                      23
                      24

                      4190
                      Outlays, net (total)
                      22
                      25
                      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. The Budget requests
                $24.1 million for this account.

          Object Classification (in millions of dollars)

                      Identification code 086–0339–0–1–451
                      2016 actual
                      2017 est.
                      2018 est.

                      Direct obligations:

                      11.1
                      Personnel compensation: Full-time permanent
                      16
                      16
                      16

                      12.1
                      Civilian personnel benefits
                      5
                      5
                      5

                      25.2
                      Other services from non-Federal sources
                      1

                      25.3
                      Other goods and services from Federal sources

                      2
                      3

                      99.9
                      Total new obligations, unexpired accounts
                      22
                      23
                      24

          Employment Summary

                      Identification code 086–0339–0–1–451
                      2016 actual
                      2017 est.
                      2018 est.

                      1001
                      Direct civilian full-time equivalent employment
                      138
                      145
                      142

             Fair housing and equal opportunityFor necessary salaries and expenses of the Office of Fair Housing and Equal Opportunity, $69,808,000.
          Note.—A full-year 2017 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
             budget assumes this account is operating under the Further Continuing Appropriations Act, 2017 (P.L. 114–254). The amounts
             included for 2017 reflect the annualized level provided by the continuing resolution.

          Program and Financing (in millions of dollars)

                      Identification code 086–0340–0–1–751
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0001
                      Personnel costs
                      49
                      50
                      50

                      0002
                      Benefits
                      15
                      16
                      16

                      0003
                      Non-personnel expenses
                      6
                      6
                      4

                      0900
                      Total new obligations, unexpired accounts
                      70
                      72
                      70

                      Budgetary resources:

                      Unobligated balance:

                      1010
                      Unobligated balance transfer to other accts [086–0335]
                      –1

                      1012
                      Unobligated balance transfers between expired and unexpired accounts
                      1

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      72
                      72
                      70

                      1930
                      Total budgetary resources available
                      72
                      72
                      70

                      Memorandum (non-add) entries:

                      1940
                      Unobligated balance expiring
                      –2

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      3
                      7
                      1

                      3010
                      New obligations, unexpired accounts
                      70
                      72
                      70

                      3020
                      Outlays (gross)
                      –66
                      –78
                      –70

                      3050
                      Unpaid obligations, end of year
                      7
                      1
                      1

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      3
                      7
                      1

                      3200
                      Obligated balance, end of year
                      7
                      1
                      1

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      72
                      72
                      70

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      63
                      71
                      69

                      4011
                      Outlays from discretionary balances
                      3
                      7
                      1

                      4020
                      Outlays, gross (total)
                      66
                      78
                      70

                      4180
                      Budget authority, net (total)
                      72
                      72
                      70

                      4190
                      Outlays, net (total)
                      66
                      78
                      70

             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. The Budget requests $69.8
                million for this account.

          Object Classification (in millions of dollars)

                      Identification code 086–0340–0–1–751
                      2016 actual
                      2017 est.
                      2018 est.

                      Direct obligations:

                      Personnel compensation:

                      11.1
                      Full-time permanent
                      49
                      49
                      49

                      11.5
                      Other personnel compensation
                      1
                      1
                      1

                      11.9
                      Total personnel compensation
                      50
                      50
                      50

                      12.1
                      Civilian personnel benefits
                      15
                      16
                      16

                      21.0
                      Travel and transportation of persons
                      1
                      1
                      1

                      25.2
                      Other services from non-Federal sources
                      2
                      5
                      1

                      25.3
                      Other goods and services from Federal sources

                      2

                      41.0
                      Grants, subsidies, and contributions
                      2

                      99.9
                      Total new obligations, unexpired accounts
                      70
                      72
                      70

          Employment Summary

                      Identification code 086–0340–0–1–751
                      2016 actual
                      2017 est.
                      2018 est.

                      1001
                      Direct civilian full-time equivalent employment
                      484
                      495
                      485

             Office of lead hazard control and healthy homesFor necessary salaries and expenses of the Office of Lead Hazard Control and Healthy Homes, $7,600,000.
          Note.—A full-year 2017 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
             budget assumes this account is operating under the Further Continuing Appropriations Act, 2017 (P.L. 114–254). The amounts
             included for 2017 reflect the annualized level provided by the continuing resolution.

          Program and Financing (in millions of dollars)

                      Identification code 086–0341–0–1–451
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0001
                      Personnel costs
                      5
                      5
                      5

                      0002
                      Benefits
                      2
                      2
                      2

                      0003
                      Non-personnel expenses

                      1

                      0900
                      Total new obligations, unexpired accounts
                      7
                      7
                      8

                      Budgetary resources:

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      7
                      7
                      8

                      1930
                      Total budgetary resources available
                      7
                      7
                      8

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1

                      1
                      1

                      3010
                      New obligations, unexpired accounts
                      7
                      7
                      8

                      3020
                      Outlays (gross)
                      –6
                      –7
                      –8

                      3050
                      Unpaid obligations, end of year
                      1
                      1
                      1

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year

                      1
                      1

                      3200
                      Obligated balance, end of year
                      1
                      1
                      1

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      7
                      7
                      8

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      6
                      7
                      8

                      4180
                      Budget authority, net (total)
                      7
                      7
                      8

                      4190
                      Outlays, net (total)
                      6
                      7
                      8

             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. The Budget requests $7.6 million
                for this account.

          Object Classification (in millions of dollars)

                      Identification code 086–0341–0–1–451
                      2016 actual
                      2017 est.
                      2018 est.

                      Direct obligations:

                      11.1
                      Personnel compensation: Full-time permanent
                      5
                      5
                      5

                      12.1
                      Civilian personnel benefits
                      2
                      2
                      2

                      25.3
                      Other goods and services from Federal sources

                      1

                      99.9
                      Total new obligations, unexpired accounts
                      7
                      7
                      8

          Employment Summary

                      Identification code 086–0341–0–1–451
                      2016 actual
                      2017 est.
                      2018 est.

                      1001
                      Direct civilian full-time equivalent employment
                      45
                      44
                      43

             Salaries and Expenses

             Program and Financing (in millions of dollars)

                      Identification code 086–0143–0–1–999
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0801
                      Gulf Coast Disaster related activities
                      1
                      1

                      0900
                      Total new obligations (object class 25.2)
                      1
                      1

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      5
                      4
                      2

                      1010
                      Unobligated balance transfer to other accts [086–0338]

                      –1

                      1050
                      Unobligated balance (total)
                      5
                      3
                      2

                      1930
                      Total budgetary resources available
                      5
                      3
                      2

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      4
                      2
                      2

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1

                      1

                      3010
                      New obligations, unexpired accounts
                      1
                      1

                      3020
                      Outlays (gross)
                      –1

                      –1

                      3050
                      Unpaid obligations, end of year

                      1

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year

                      1

                      3200
                      Obligated balance, end of year

                      1

                      Budget authority and outlays, net:

                      Discretionary:

                      Outlays, gross:

                      4011
                      Outlays from discretionary balances
                      1

                      1

                      4180
                      Budget authority, net (total)

                      4190
                      Outlays, net (total)
                      1

                      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. Resources
                in this account primarily reflect prior-year disaster supplemental appropriations.

             Office of inspector generalFor necessary salaries and expenses of the Office of Inspector General in carrying out the Inspector General Act of 1978,
                as amended, $126,000,000: Provided, That the Inspector General shall have independent authority over all personnel and acquisition issues within this office.
          Note.—A full-year 2017 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
             budget assumes this account is operating under the Further Continuing Appropriations Act, 2017 (P.L. 114–254). The amounts
             included for 2017 reflect the annualized level provided by the continuing resolution.

          Program and Financing (in millions of dollars)

                      Identification code 086–0189–0–1–451
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0001
                      OIG Salaries and Benefits
                      97
                      97
                      98

                      0002
                      OIG Non-Personnel Costs
                      29
                      29
                      28

                      0004
                      Hurricane Sandy and Other Disaster related activities
                      3

                      0900
                      Total new obligations, unexpired accounts
                      129
                      126
                      126

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      6
                      3
                      3

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      126
                      126
                      126

                      1930
                      Total budgetary resources available
                      132
                      129
                      129

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      3
                      3
                      3

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      17
                      18
                      19

                      3010
                      New obligations, unexpired accounts
                      129
                      126
                      126

                      3011
                      Obligations ("upward adjustments"), expired accounts
                      4

                      3020
                      Outlays (gross)
                      –127
                      –123
                      –126

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –5
                      –2
                      –2

                      3050
                      Unpaid obligations, end of year
                      18
                      19
                      17

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      17
                      18
                      19

                      3200
                      Obligated balance, end of year
                      18
                      19
                      17

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      126
                      126
                      126

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      112
                      105
                      105

                      4011
                      Outlays from discretionary balances
                      15
                      18
                      21

                      4020
                      Outlays, gross (total)
                      127
                      123
                      126

                      4180
                      Budget authority, net (total)
                      126
                      126
                      126

                      4190
                      Outlays, net (total)
                      127
                      123
                      126

             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
                $126 million to support agency-wide audit and investigative functions.

          Object Classification (in millions of dollars)

                      Identification code 086–0189–0–1–451
                      2016 actual
                      2017 est.
                      2018 est.

                      Direct obligations:

                      Personnel compensation:

                      11.1
                      Full-time permanent
                      70
                      70
                      70

                      11.5
                      Other personnel compensation
                      3

                      11.9
                      Total personnel compensation
                      73
                      70
                      70

                      12.1
                      Civilian personnel benefits
                      27
                      27
                      28

                      21.0
                      Travel and transportation of persons
                      4
                      4
                      4

                      23.1
                      Rental payments to GSA
                      8
                      7
                      7

                      25.2
                      Other services from non-Federal sources
                      16
                      17
                      16

                      31.0
                      Equipment
                      1
                      1
                      1

                      99.9
                      Total new obligations, unexpired accounts
                      129
                      126
                      126

          Employment Summary

                      Identification code 086–0189–0–1–451
                      2016 actual
                      2017 est.
                      2018 est.

                      1001
                      Direct civilian full-time equivalent employment
                      610
                      593
                      573

             Information Technology fundFor 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, shall remain available until September 30, 2019: 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.
          Note.—A full-year 2017 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
             budget assumes this account is operating under the Further Continuing Appropriations Act, 2017 (P.L. 114–254). The amounts
             included for 2017 reflect the annualized level provided by the continuing resolution.

          Program and Financing (in millions of dollars)

                      Identification code 086–4586–0–4–451
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0001
                      Information Technology Expenses
                      263
                      295
                      295

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      99
                      86
                      43

                      1021
                      Recoveries of prior year unpaid obligations
                      2
                      2
                      2

                      1050
                      Unobligated balance (total)
                      101
                      88
                      45

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      250
                      250
                      250

                      1930
                      Total budgetary resources available
                      351
                      338
                      295

                      Memorandum (non-add) entries:

                      1940
                      Unobligated balance expiring
                      –2

                      1941
                      Unexpired unobligated balance, end of year
                      86
                      43

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      205
                      233
                      277

                      3010
                      New obligations, unexpired accounts
                      263
                      295
                      295

                      3011
                      Obligations ("upward adjustments"), expired accounts
                      1

                      3020
                      Outlays (gross)
                      –230
                      –249
                      –280

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –2
                      –2
                      –2

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –4

                      3050
                      Unpaid obligations, end of year
                      233
                      277
                      290

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      205
                      233
                      277

                      3200
                      Obligated balance, end of year
                      233
                      277
                      290

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      250
                      250
                      250

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      48
                      149
                      149

                      4011
                      Outlays from discretionary balances
                      182
                      100
                      131

                      4020
                      Outlays, gross (total)
                      230
                      249
                      280

                      4180
                      Budget authority, net (total)
                      250
                      250
                      250

                      4190
                      Outlays, net (total)
                      230
                      249
                      280

             The Information Technology (IT) Fund funds the information technology systems that support Departmental programs and operations,
                including FHA Mortgage Insurance, housing assistance, grant and disaster relief programs, and general operations. The Budget
                provides $250 million for the development, modernization, enhancement, operation, and maintenance of HUD's IT infrastructure
                and systems with a two-year period of availability.

             The Budget fully supports current operations, some development of efficiency and security upgrades, and very limited development
                of new or enterprise capabilities. System operating platforms with the greatest vulnerabilities will be upgraded or replaced,
                and the cybersecurity framework will be enhanced.

          Object Classification (in millions of dollars)

                      Identification code 086–4586–0–4–451
                      2016 actual
                      2017 est.
                      2018 est.

                      Direct obligations:

                      23.3
                      Communications, utilities, and miscellaneous charges
                      3
                      10
                      10

                      25.3
                      Other goods and services from Federal sources
                      3
                      5
                      5

                      25.7
                      Operation and maintenance of equipment
                      227
                      245
                      245

                      31.0
                      Equipment
                      30
                      35
                      35

                      99.9
                      Total new obligations, unexpired accounts
                      263
                      295
                      295

             Working capital fund
             (Including transfer of funds)For the working capital fund for the Department of Housing and Urban Development (referred to in this paragraph as the "Fund"), pursuant, in part, to section 7(f) of the Department of Housing and Urban Development Act (42 U.S.C. 3535(f)), amounts transferred to the Fund under this heading shall be available for Federal shared services used by offices and agencies of the Department,
                and for such portion of any office or agency's printing, records management, space renovation, furniture, supply services, or other shared services as the Secretary determines shall be derived from centralized sources made available by the Department to all offices
                and agencies and funded through the Fund: Provided, That of the amounts made available in this title for salaries and expenses under the headings "Executive Offices", "Administrative
                Support Offices", "Program Office Salaries and Expenses", and "Government National Mortgage Association", the Secretary shall
                transfer to the Fund such amounts, to remain available until expended, as are necessary to fund services specified in  the matter preceding the first proviso, for which the appropriation would otherwise have been available, and may transfer not to exceed an additional $5,000,000, in aggregate, from all such appropriations, to be merged with the Fund and to remain available until expended for use for
                any office or agency: Provided further, That amounts in the Fund shall be the only amounts available to each office or agency of the Department for the services,
                or portion of services, specified in the matter preceding the first proviso: Provided further, That with respect to the Fund, the authorities and conditions under this heading shall supplement the authorities and conditions provided under such section 7(f): Provided further, That up to $6,550,000 in the Fund may be made available for the management reporting initiative to improve
                   the effectiveness of enterprise data governance, analysis, and reporting, including information technology investments to
                   make such improvements: Provided further, That, to carry out the previous proviso, the Secretary shall transfer any amounts
                   for related information technology investments to the heading "Information Technology Fund".
          Note.—A full-year 2017 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
             budget assumes this account is operating under the Further Continuing Appropriations Act, 2017 (P.L. 114–254). The amounts
             included for 2017 reflect the annualized level provided by the continuing resolution.

          Program and Financing (in millions of dollars)

                      Identification code 086–4598–0–4–604
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0001
                      Financial Management, Procurement, Travel, and Relocation
                      27

                      0002
                      Human Resources Services and Systems
                      17

                      0100
                      Direct program activities, subtotal
                      44

                      0799
                      Total direct obligations
                      44

                      0801
                      Financial Management, Procurement, Travel, and Relocation

                      24
                      24

                      0802
                      Human Resources Services and Systems

                      17
                      17

                      0804
                      National Finance Center Payroll

                      1
                      1

                      0805
                      Office of Data Governance

                      7

                      0899
                      Total reimbursable obligations

                      42
                      49

                      0900
                      Total new obligations, unexpired accounts
                      44
                      42
                      49

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1

                      9
                      9

                      Budget authority:

                      Appropriations, discretionary:

                      1121
                      Appropriations transferred from other acct [086–0335]
                      45

                      1121
                      Appropriations transferred from other acct [086–0334]
                      4

                      1121
                      Appropriations transferred from other acct [086–0337]
                      2

                      1121
                      Appropriations transferred from other acct [086–0338]
                      1

                      1121
                      Appropriations transferred from other acct [086–0339]
                      1

                      1160
                      Appropriation, discretionary (total)
                      53

                      Spending authority from offsetting collections, discretionary:

                      1700
                      Collected

                      42
                      49

                      1900
                      Budget authority (total)
                      53
                      42
                      49

                      1930
                      Total budgetary resources available
                      53
                      51
                      58

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      9
                      9
                      9

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1

                      1
                      1

                      3010
                      New obligations, unexpired accounts
                      44
                      42
                      49

                      3020
                      Outlays (gross)
                      –43
                      –42
                      –49

                      3050
                      Unpaid obligations, end of year
                      1
                      1
                      1

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year

                      1
                      1

                      3200
                      Obligated balance, end of year
                      1
                      1
                      1

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      53
                      42
                      49

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      43
                      42
                      49

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4030
                      Federal sources

                      –42
                      –49

                      4180
                      Budget authority, net (total)
                      53

                      4190
                      Outlays, net (total)
                      43

             The Department of Housing and Urban Development's Working Capital Fund (WCF) was established by the Consolidated Appropriations
                Act of 2016. The purpose of the WCF is to promote economy, efficiency, and accountability. Amounts transferred to the Fund
                are for shared services used by offices of the Department and GNMA, and are derived from centralized Salaries and Expenses
                accounts. The WCF is revolving in nature and provides the following shared services: financial management, procurement, travel,
                relocation, human resources and, starting in 2018, management data governance and analysis. Services are provided to the Department's
                customers on a fee-for-service basis.

          Object Classification (in millions of dollars)

                      Identification code 086–4598–0–4–604
                      2016 actual
                      2017 est.
                      2018 est.

                      25.3
                      Direct obligations: Other goods and services from Federal sources
                      44

                      25.3
                      Reimbursable obligations: Other goods and services from Federal sources

                      42
                      49

                      99.0
                      Reimbursable obligations

                      42
                      49

                      99.9
                      Total new obligations, unexpired accounts
                      44
                      42
                      49

             Transformation Initiative

             Program and Financing (in millions of dollars)

                      Identification code 086–0402–0–1–451
                      2016 actual
                      2017 est.
                      2018 est.

                      Obligations by program activity:

                      0001
                      TI Research and Demonstrations
                      5

                      0900
                      Total new obligations (object class 25.5)
                      5

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      5

                      1930
                      Total budgetary resources available
                      5

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      112
                      77
                      54

                      3010
                      New obligations, unexpired accounts
                      5

                      3011
                      Obligations ("upward adjustments"), expired accounts
                      2

                      3020
                      Outlays (gross)
                      –40
                      –23
                      –19

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –2

                      3050
                      Unpaid obligations, end of year
                      77
                      54
                      35

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      112
                      77
                      54

                      3200
                      Obligated balance, end of year
                      77
                      54
                      35

                      Budget authority and outlays, net:

                      Discretionary:

                      Outlays, gross:

                      4011
                      Outlays from discretionary balances
                      40
                      23
                      19

                      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

                      4080
                      Outlays, net (discretionary)
                      39
                      23
                      19

                      4180
                      Budget authority, net (total)

                      4190
                      Outlays, net (total)
                      39
                      23
                      19

             The Transformation Initiative (TI) was initiated in 2010 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 was to make the Department's investments increasingly coordinated, efficient, and effective though
                focused investments in three complementary purposes: 1) research and evaluation; 2) program demonstrations; and 3) technical
                assistance for HUD's customers and partners. The Budget does not request funding or transfer authority for the Transformation
                Initiative. Instead, funding for these activities are requested in the Research and Technology Account.

             General and Administrative Provisions

             GENERAL FUND RECEIPT ACCOUNTS

             (in millions of dollars)

                      2016 actual
                      2017 est.
                      2018 est.

                      Offsetting receipts from the public:

                      086–267810
                      Green Retrofit Program for Multifamily Housing, Downward Reestimates of Subsidies
                      13
                      7

                      086–271910
                      FHA-General and Special Risk, Negative Subsidies
                      531
                      638
                      619

                      086–271930
                      FHA-General and Special Risk, Downward Reestimates of Subsidies
                      1,468
                      402

                      086–274330
                      Indian Housing Loan Guarantees, Downward Reestimates of Subsidies
                      1
                      21

                      086–276230
                      Title VI Indian Loan Guarantee Downward Reestimate
                      5
                      3

                      086–277330
                      Community Development Loan Guarantees, Downward Reestimates
                      60
                      10

                      086–322000
                      All Other General Fund Proprietary Receipts Including Budget Clearing Accounts
                      20
                      12
                      12

                      General Fund Offsetting receipts from the public
                      2,098
                      1,093
                      631

                      Intragovernmental payments:

                      086–388510
                      Undistributed Intragovernmental Payments
                      5
                      5
                      5

                      General Fund Intragovernmental payments
                      5
                      5
                      5

             GENERAL PROVISIONS—DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

             '

          (including transfer of funds)'

          (Including Cancellations)SEC. 201. SECTION 8 SAVINGS.—Section 1012(b) of the Stewart B. McKinney Homeless Assistance Amendments Act of 1988 (42 U.S.C. 1437f
             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 cancelled or in the case of cash, shall be remitted to the Treasury, and such amounts of budget authority or cash recaptured and not
             cancelled 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 cancelled 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 2018 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. 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. 204. GNMA AMENDMENT.—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)."SEC. 205. 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 2018 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. TRANSFERS OF ASSISTANCE, DEBT, AND USE RESTRICTIONS.(a) AUTHORITY.—Notwithstanding any other provision of law, subject to the conditions listed under this section, for fiscal years 2018 and 2019, 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) Phased Transfers.—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) CONDITIONS.—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) DEFINITIONS.—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)  Research Report.— 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. 207. (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. 208. CAP ON NUMBER OF HECM LOANS.— 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. 209. Notwithstanding any other provision of law, in fiscal year 2018, 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. 210. 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 appropriation under the accounts "Executive Offices" and "Administrative Support Offices," as well as each account receiving appropriations
          under the general heading "Program Office Salaries and Expenses", and "Government National Mortgage Association—Guarantees of Mortgage-Backed Securities Loan Guarantee Program Account" within the Department of Housing and Urban Development.SEC. 211. The Secretary of the Department of Housing and Urban Development shall, for fiscal year 2018, 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 2018, 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. 212. The Secretary is authorized to transfer up to 20 percent or $6,000,000, whichever is less, of funds appropriated for any office under the heading "Administrative Support Offices" or for any account
          under the general heading "Program Office Salaries and Expenses" to any other such office or account: Provided, That no appropriation for any such office or account shall be increased or decreased by more than 20 percent or $6,000,000, whichever is less, without prior written approval of the House and Senate Committees on Appropriations.SEC. 213.  (a) Any entity receiving housing assistance payments shall maintain decent, safe, and sanitary conditions in good repair,
                as determined by the Secretary of Housing and Urban Development (in this section referred to as the "Secretary"), and comply
                with any standards under applicable State or local laws, rules, ordinances, or regulations relating to the physical condition
                of any property covered under a housing assistance payment contract.  SEC. 214. 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 2018.SEC. 215. The Secretary may elect, through notice, not to require or enforce the Physical Needs Assessment (PNA) for public housing
             units.SEC. 216. 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. 217. 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.SEC. 218.  Employees of the Department of Housing and Urban Development who are subject to administrative discipline in fiscal year 2018,
                including suspension from work, shall not receive awards (including performance, special act, or spot) for the remainder of
                fiscal year 2018 after the effective date of the disciplinary action. SEC. 219. RAD AMENDMENTS.—The language under the heading "Rental Assistance Demonstration" in the Department of Housing and Urban Development Appropriations
          Act, 2012 (Public Law 112–55), as amended by Public Law 113–76, Public Law 113–235, and Public Law 114–113, is amended—(1)  in the second proviso, by striking "until September 30, 2018" and inserting "for fiscal year 2012 and thereafter";
          (2)   in the matter preceding the first proviso, by inserting the following before the colon: "(herein the "First Component")";

          (3)  by striking the fourth proviso;
          (4)  in the thirteenth proviso, as reordered above, by— (A)  inserting "or nonprofit" before "entity, then a capable entity,"; and
             (B)  striking "preserves its interest" and inserting "or a nonprofit entity preserves an interest";

          (5)  in the seventeenth proviso, as reordered above, by—  (A)  inserting "or with a project rental assistance contract under section 202(c)(2) of the Housing Act of 1959," after "section
                      8(o) of the Act,";
             (B)  inserting "or assistance contracts" after "for such vouchers"; and
             (C)  inserting the following before the colon: "(herein the "Second Component")";

          (6)  by inserting the following proviso after the seventeenth proviso, as reordered above: "Provided further, That conversions
                   of assistance under the Second Component may not be the basis for re-screening or termination of assistance or eviction of
                   any tenant family in a property participating in the demonstration and such a family shall not be considered a new admission
                   for any purpose, including compliance with income targeting:";
          (7)  in the nineteenth proviso, by striking "the previous proviso" and all that follows through the end of the proviso and inserting
                   "the Second Component shall be available for project-based subsidy contracts entered into pursuant to the Second Component:";

          (8)  in the twentieth proviso, by striking "the previous two provisos" and inserting "the Second Component, except for conversion
                   of section 202 project rental assistance contracts,";
          (9)  in the twenty-first proviso, by striking "the three previous provisos" and inserting "the Second Component, except for conversion
                   of section 202 project rental assistance contracts,";
          (10)  by inserting the following proviso after the twenty-first proviso: "Provided further, That the Secretary may transfer amounts
                   made available under the heading "Housing for the Elderly" to the accounts under the headings "Project-Based Rental Assistance"
                   or "Tenant-Based Rental Assistance" to facilitate any section 202 project rental assistance contract conversion under the
                   Second Component, and any increase in cost for "Project-Based Rental Assistance" or "Tenant-Based Rental Assistance" associated
                   with such conversion shall be equal to amounts so transferred:"; and
          (11)  in the twenty-third proviso, as reordered above, by striking "the previous four provisos" and inserting "the Second Component". SEC. 220. Funds made available in this title under the heading "Homeless Assistance Grants" may be used by the Secretary to participate
          in Performance Partnership Pilots authorized under section 526 of division H of Public Law 113–76, section 524 of division G of Public Law 113–235, section 525 of division H of Public Law 114–113, and such authorities as are enacted for Performance Partnership Pilots
             in an appropriations Act for fiscal years 2017 or 2018.SEC. 221. With respect to grant amounts awarded under the heading "Homeless Assistance Grants" for fiscal years 2018 and 2019 for the Continuum of Care (CoC) program as authorized under subtitle C of title IV of the McKinney-Vento Homeless Assistance
          Act, costs paid by program income of grant recipients may count toward meeting the recipient's matching requirements, provided
          the costs are eligible CoC costs that supplement the recipients CoC program.SEC. 222.   ADMINISTRATIVE SUPPORT FEE.—Section 202 of the National Housing Act (12 U.S.C. 1708) is amended by adding the following new
                subsection: SEC. 223.  HECM Spousal Survival.—Section 255 of the National Housing Act (12 U.S.C. 1715z-20) is amended—  SEC. 224.  REPLACEMENT HOUSING EXCEPTION.  SEC. 225.  SUPPORTIVE SERVICES INCOME-MIXING EXCEPTION.  SEC. 226.  TENANT RENT CONTRIBUTION.—For this fiscal year, the Secretary may, through a notice published in the Federal Register, require
                a family residing in a dwelling unit assisted under the United States Housing Act of 1937 (42 U.S.C. 1437 et seq.), section
                202 of the Housing Act of 1959 (12 U.S.C. 1701q), or section 811 of the Cranston-Gonzalez National Affordable Housing Act
                (42 U.S.C. 8013) to pay as rent for such dwelling unit the greater of any applicable minimum rent or up to 35 percent of the
                family's monthly income, unless that family would otherwise experience a hardship. SEC. 227.  MINIMUM RENTS.—For this fiscal year, the minimum monthly rental amount under section 3(a)(3)(A) of the United States Housing
                Act of 1937 (42 U.S.C. 1437a(a)(3)(A)), section 202(c)(3) of the Housing Act of 1959 (12 U.S.C. 1701q(c)(3)), and section
                811(d)(3) of the Cranston-Gonzalez National Affordable Housing Act (42 U.S.C. 8013(d)(3)) shall be $50 consistent with any
                applicable hardship exemptions, beginning on the tenant's first annual or interim recertification following enactment of this
                section. SEC. 228.  PROHIBITION ON UTILITY REIMBURSEMENTS.—For this fiscal year, for dwelling units assisted under the United States Housing Act
                of 1937 (42 U.S.C. 1437 et seq.), section 202 of the Housing Act of 1959 (12 U.S.C. 1701q), or section 811 of the Cranston-Gonzalez
                National Affordable Housing Act (42 U.S.C. 8013), no family may receive utility reimbursements, notwithstanding any other
                provision that limits the amount of rent paid by a family, unless that family would otherwise experience a hardship, as such
                term is defined by the Secretary through notice. SEC. 229.  RENT INCREASES.—For this fiscal year, the Secretary may elect through a Federal Register notice not to provide rent adjustments
                for properties receiving assistance under section 202 of the Housing Act of 1959 (12 U.S.C. 1701q), section 811 of the Cranston-Gonzalez
                National Affordable Housing Act (42 U.S.C. 8013), section 101 of the Housing and Urban Development Act of 1965 (12 U.S.C.
                1701s), section 236(f)(2) of the National Housing Act (12 U.S.C. 1715z-1(f)(2)), or section 8 of the United States Housing
                Act of 1937 (42 U.S.C. 1437f) other than the voucher program under section 8(o) and the moderate rehabilitation program under
                section 8(e)(2) (including the single room occupancy program authorized by title IV of the McKinney-Vento Homeless Assistance
                Act). SEC. 230.  PUBLIC HOUSING FLEXIBILITIES.—For funds made available in this or prior acts under the accounts "Public Housing Capital Fund"
                and "Public Housing Operating Fund", the Secretary of Housing and Urban Development may waive, or specify alternative requirements
                for, statutory or regulatory provisions related to public housing agency (PHA) administrative, planning, and reporting requirements,
                energy audits, income recertifications, and program assessments, upon a finding by the Secretary, consistent with a process
                and criteria established by notice published in the Federal Register, that any such waivers or alternative requirements are
                necessary to reduce costs or for the effective delivery and administration of such funds.  SEC. 231.  TENANT-BASED RENTAL ASSISTANCE FLEXIBILITIES. For funds made available in this or prior acts under the account "Tenant-Based
                Rental Assistance", the Secretary of Housing and Urban Development may waive, or specify alternative requirements for, statutory
                or regulatory provisions related to the setting and adjustment of allowable rent levels, payment standards, tenant rent contributions,
                occupancy standards, public housing agency (PHA) program assessments, or other PHA administrative, planning, and reporting
                requirements, upon a finding by the Secretary, consistent with a process and criteria established by notice published in the
                Federal Register, that any such waivers or alternative requirements are necessary to reduce costs or for the effective delivery
                and administration of such funds. SEC. 232.  ENHANCED VOUCHER PAYMENT STANDARDS.—Section 8(t)(1) of the United States Housing Act of 1937 (42 U.S.C. 1437f(t)(1)) is amended— SEC. 233.   CAPITAL AND OPERATING FUND FLEXIBILITY.—For funds appropriated under the headings "Public Housing Capital Fund" and "Public
                Housing Operating Fund" in fiscal year 2018 and in prior fiscal years, a public housing agency may use any amounts allocated
                to the agency for any eligible activities under subsections 9(d)(1) and 9(e)(1), regardless of the fund from which the amounts
                were allocated and provided. SEC. 234.  MARK-TO-MARKET.—Section 579 of the Multifamily Assisted Housing Reform and Affordability Act of 1997 (42 U.S.C. 1437f note)
                is amended by striking "October 1, 2017" each place it appears and inserting in lieu thereof "October 1, 2022". SEC. 235.  CONTINUUM OF CARE TRANSITION GRANTS. Section 428 of the McKinney-Vento Homeless Assistance Act (42 U.S.C. 11386b) is amended
                by adding at the end of the section, subsection (f) to read as follows: SEC. 236.   Unobligated balances, including recaptures and carryover, remaining available for obligation from funds appropriated to the
                Department of Housing and Urban Development in prior Acts and under the headings "Revitalization of Severely Distressed Public
                Housing (HOPE VI)" and "Choice Neighborhoods Initiative" may be used for purposes under the "Public Housing Capital Fund"
                heading in this Act, notwithstanding the purposes for which such funds were appropriated.