US Federal housing expenditures: Difference between revisions

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Summary:<br/> there has been a&nbsp;'''108% increase, from 1980-2018''', in US Federal&nbsp;''direct'' expenditures on affordable housing programs (mainly [[United_States_Department_of_Housing_and_Urban_Development_(HUD)|HUD]]), in inflation adjusted, absolute dollar terms [Congressional Research Service, 2019].&nbsp;Also, In addition, of ''tax expenditure'' viathe [[Low-Income_Housing_Tax_Credit|Low Income Housing Tax Credit]].&nbsp;''tax expenditure&nbsp;''program was created in 1986, and since then has been how most Federally-supported new affordable housing is subsidized'', ''creating 2.4M+ new homes since 2016.
 
The often-stated claims of Federal funding being only&nbsp;1/3 of pre-1980 levels, or being cut 75% or 80%, appear to come from references to HUD Budget Authority, which is the sum of all future contracted spending. This dropped sharply after the 1970s due to HUD moving from very long-term contracts towards short-term; see&nbsp;[https://www.yimby.wiki/wiki/US_Federal_housing_expenditures#HUD_Budget_Outlays_vs_Budget_Authority HUD Budget Outlays vs Budget Authority] section below for further discussion.&nbsp;
 
Another point of view is that the Federal government has effectively withdrawn or disinvested from regulated-affordable housing because a) it has not nearly met the much-increased need, which it pledged to do for example with&nbsp;the [https://www.yimby.wiki/wiki/Right_to_housing#Preamble_to_the_1949_Housing_Act.C2.A0 1949 Housing Act]; or b) it has cut back substantially on rate of creating new housing, compared to the 1968-78 period, much public housing has been lost by disrepair or conversion, and increasingly expenditure is consumed by maintenance rather than new housing.&nbsp;<br/> &nbsp;
 
== NLIHC (2002) study ==
 
[[File:HUD-budget-1976-2007-NLIHC-chart.png|thumb|left|800px|HUD expenditures, 1976-2007, from NLIHC 2002]]
<div style="clear: both">&nbsp;</div> <div style="clear: both">Dolbeare, Cushing N<sup>1</sup>., and Sheila Crowley<sup>2</sup>&nbsp;(2002). "Changing Priorities: The Federal Budget and Housing Assistance 1976-2007." National Low Income Housing Coalition, August 2002.&nbsp;[https://nlihc.org/sites/default/files/Changing-Priorities-Report_August-2002.pdf. https://nlihc.org/sites/default/files/Changing-Priorities-Report_August-2002.pdf.&nbsp;]<br/> <sup>1</sup>Founder and Chair Emeritus, National Low Income Housing Coalition<br/> <sup>2</sup>President, National Low Income Housing Coalition.&nbsp;</div> <div style="clear: both">&nbsp;</div>
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== Congresssional Research Service 2019 report on HUD ==
 
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== References&nbsp; ==
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