Everyone Deserves Access to Safe, Decent, Affordable Housing. #SaveHOME!
Washington, D.C. – February 12, 2016 – (RealEstateRama) — On February 9, President Obama released his Fiscal Year (FY) 2017 Budget Request(link is external), including a proposal to fund the HOME Investment Partnerships (HOME) program at $950 million–matching the $50 million increase in funding that HOME supporters and Congressional champions secured in the FY 2016 budget. Now it is Congress’s turn to start drafting its 2017 budget. It is critical that HOME supporters let Congress know just how important this program is to our communities and the families we serve.
The HOME Coalition encourages all national, state, and local organizations to sign onto the national letter and share it with other organizations, government officials, and advocates. Check out the list of the nearly 2,200 organizations that signed on last year(link is external), as well as a FY 2017 HOME Fact Sheet(link is external).
For over 20 years, HOME has proven to be one of the most effective, locally driven tools to help states and communities address their most pressing housing challenges. Despite this success, HOME has been cut in half in recent years from more than $1.8 billion in 2010 to $900 million in 2015. These cuts have only made it more difficult for America’s most vulnerable residents–including low-income seniors, people with disabilities, families with children, and those experiencing homelessness–to access safe, decent, and affordable housing. Last year, HOME saw a modest increase in funding to $950 million, but funding levels are still not robust enough to meet the critical need for affordable housing. That’s why the HOME Coalition urges Congress to support the proven outcomes of the HOME program by providing an FY 2017 appropriation of at least $1.2 billion.
For more information, check out the HOME Coalition website(link is external) or visit Enterprise’s #SaveHOME campaign site(link is external). If you have any questions, please contact Althea Arnold (">) or Sarah Mickelson (">).