HUD Archives: News Releases

HUD No. 00-26
Further Information:For Release
In the Washington, DC area: 202/708-0685Monday
Or contact your local HUD officeFebruary 7, 2000


  • FY 2001 Proposed Budget Totals by State
  • FY 2001 Proposed Budget Totals by City
  • Back in Business: FY2001 Proposed Budget Summary
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    WASHINGTON - President Clinton today proposed increasing the Department of Housing and Urban Development's budget by $6 billion in Fiscal Year 2001 to $32.1 billion - the strongest HUD budget in more than 20 years, with increases in every program area.

    "This budget shows that HUD is back in business, and has achieved a new level of public trust and confidence by proving it can create and run quality programs," HUD Secretary Andrew Cuomo said. "The budget will build on HUD's success and help unlock the door to prosperity for people and places left behind in these good economic times.

    "Just a few years ago, our critics were calling for the elimination of HUD," Cuomo added. "Today, HUD is held up as a model of successful government reinvention."

    Cuomo said the budget that the President submitted to Congress provides HUD with the tools it needs to deliver on its core mission of promoting adequate and affordable housing, economic opportunity, and a suitable living environment free from discrimination. Those tools are provided in the budget by:

  • Building on Success in Increasing Affordable Housing by increasing the quality, availability and affordability of housing. Initiatives in the budget include:

      1) 120,000 new Incremental Housing Vouchers, at a value of $690 million, to address the growing need for affordable housing.

      2) The Public Housing Capital Fund at $2.955 billion, an $86 million increase, to sustain existing housing resources.

      3) Elderly Housing Production at $779 million, a $19 million increase, to create housing tailored to the needs of senior citizens.

      4) The Continuum of Care Homeless Assistance grant program at $1.2 billion, a $180 million increase, to fund community-designed solutions to help homeless people get housing and become self-sufficient.

  • Building on Success in Economic Revitalization to promote jobs and economic development. Initiatives in the budget include:

      1) A $119 million increase in the Community Development Block Grant program to $4.9 billion, to help communities remain competitive and create economic opportunity.

      2) America's Private Investment Companies at $37 million, to stimulate $1.5 billion in private debt and equity investment in low- and moderate-income areas.

      3) A Round III of Empowerment Zones, in which 10 new urban Zones would be designated.

      4) The Economic Development Initiative/Community Empowerment Fund at $100 million, a $76 million increase, to create jobs and promote economic development in distressed areas.

  • Building on Success in Promoting and Enforcing Fair Housing by ensuring that no one in America is prevented, based on race or other illegal factors, from living wherever they choose.

    President Clinton is proposing at $50 million Fair Housing budget - a 12 percent increase - to step up the fight against housing discrimination.

  • Building on Success in Promoting Livable and Safe Communities by increasing the livability and quality of life in regions throughout the country, and increasing safety and security in neighborhoods, paving the way for economic redevelopment. Included in the budget are:

      1) A $30-million Community Gun Safety and Violence Reduction Initiative, which will help communities reduce gun deaths and lower crime, making communities more attractive and stimulating revitalization.

      2) A $20-million Community and Interfaith Partnerships Initiative, which will help community groups supply affordable housing, create economic opportunity, promote the goal of fair housing, and increase the effectiveness of housing voucher programs.

    The new budget proposal builds on two years of excellent budgets for HUD and the successful implementation of sweeping management reforms that were instituted by Cuomo. The Department's budget for the current fiscal year is expanding and preserving the supply of affordable housing, benefiting senior citizens, creating jobs, and helping revitalize communities.

    The current year's budget includes 60,000 new rental assistance vouchers, following the approval of 50,000 vouchers last year after four years of no new vouchers. The current budget also contains increased funding for many programs, including public housing, efforts to help homeless people get housing and become self-supporting, and the fight against housing discrimination.

    (Budget Authority in Millions)

      2000 2001 Increase
    Increases for FY2001:    
    Housing Certificate Fund $11,481 $14,128 $2,647
    Contract Renewals (net) [10,640] [13,010] [2,370]
    Incremental Vouchers (120,000)* [...] [690] [690]
    Tenant Protection [196] [266] [70]
    Contract Administrators [194] [209] [15]
    Housing Production Program ... [66] [66]
    Voucher Success Fund [50] [50]
    Drug Elimination Grants 310 345 35
    Community Gun Safety and Violence Reduction [30] [30]
    HOPE VI Revitalization of Severely Distressed Public Housing 575 625 50
    Indian Housing Block Grants 620 650 30
    Indian Homeownership Intermediary ... [5] [5]
    Public Housing Capital Fund 2,869 2,955 86
    Moving to Work Demonstration [5] [7] [2]
    Public Housing Operating Fund 3,138 3,192 54
    Community Development Block Grant 4,781 4,900 119
    Entitlement/Non-Entitlement Formula Funding [4,236] [4,486] [250]
    Indian Community Block Grant [67] [69] [2]
    Tribal Colleges and Universities [...] [5] [5]
    Section 107 Grants/University Programs [42] [69] [27]
    Self-Help Homeownership/Habitat for Humanity [24] [25] [1]
    Youthbuild [43] [75] [32]
    Community Empowerment Fund (CEF/EDI) [24] [100] [76]
    Capacity Building [20] [24] [4]
    Faith-Based Initiative ... [20] [20]
    Mississippi Delta ... [22] [22]
    Brownfields 25 50 25
    Regional Connections ... 25 25
    Urban Empowerment Zones** 55 150 95
    America's Private Investment Companies (APIC) 20 37 17
    APIC Commitment Level [541] [1,000] [459]
    HOME Investment Partnership (Grants) 1,600 1,650 50
    Housing Counseling [15] [24] [9]
    Housing Opportunities for Persons with AIDS 232 260 28
    Homeless Assistance Grants (Continuum of Care) 1,020 1,200 180
    Homeless 18k Vouchers NA NA NA
    Rural Housing and Economic Development 25 27 2
    Research and Technology 45 62 17
    Fair Housing 44 50 6
    Lead Hazard Reduction Program 80 120 40
    Mortgage Insurance Limitation [140,000] [160,000] [20,000]
    GI/SRI Credit Subsidy [101] [101]
    Federal Housing Administration 802 947 145
    Special Populations 911 989 78
    Elderly [710] [779] [69]
    Disabled [201] [210] [9]
    Assisted Living Production [50] [50]
    Salaries and Expenses 547 643 96

    * Includes 60,000 Incremental Vouchers, 32,000 Welfare to Work Vouchers and 10,000 Housing Production Program Vouchers under the Housing Certificate Fund. Also, 18,000 vouchers are funded under Homeless Assistance Grants in FY2001 and are renewed in the Housing Certificate Fund in the out years.

    ** Funded as mandatory for FY2001


    Content Archived: December 13, 2009