[To conduct a demonstration designed to preserve and improve public housing and certain other multifamily housing through the voluntary conversion of properties with assistance under section 9 of the United States Housing Act of 1937, (hereinafter, "the Act''), or the moderate rehabilitation program under section 8(e)(2) of the Act (except for funds allocated under such section for single room occupancy dwellings as authorized by title IV of the McKinney-Vento Homeless Assistance Act), to properties with assistance under a project-based subsidy contract under section 8 of the Act, which shall be eligible for renewal under section 524 of the Multifamily Assisted Housing Reform and Affordability Act of 1997, or assistance under section 8(o)(13) of the Act, the Secretary may transfer amounts provided through contracts under section 8(e)(2) of the Act or under the headings "Public Housing Capital Fund'' and "Public Housing Operating Fund'' to the headings "Tenant-Based Rental Assistance'' or "Project-Based Rental Assistance'': Provided, That the initial long-term contract under which converted assistance is made available may allow for rental adjustments only by an operating cost factor established by the Secretary, and shall be subject to the availability of appropriations for each year of such term: Provided further, That project applications may be received under this demonstration until September 30, 2015: Provided further, That any increase in cost for "Tenant-Based Rental Assistance'' or "Project-Based Rental Assistance'' associated with such conversion shall be equal to amounts transferred from "Public Housing Capital Fund'' and "Public Housing Operating Fund'' or other account from which it was transferred: Provided further, That not more than 60,000 units currently receiving assistance under section 9 or section 8(e)(2) of the Act shall be converted under the authority provided under this heading: Provided further, That tenants of such properties with assistance converted from assistance under section 9 shall, at a minimum, maintain the same rights under such conversion as those provided under sections 6 and 9 of the Act: Provided further, That the Secretary shall select properties from applications for conversion as part of this demonstration through a competitive process: Provided further, That in establishing criteria for such competition, the Secretary shall seek to demonstrate the feasibility of this conversion model to recapitalize and operate public housing properties (1) in different markets and geographic areas, (2) within portfolios managed by public housing agencies of varying sizes, and (3) by leveraging other sources of funding to recapitalize properties: Provided further, That the Secretary shall provide an opportunity for public comment on draft eligibility and selection criteria and procedures that will apply to the selection of properties that will participate in the demonstration: Provided further, That the Secretary shall provide an opportunity for comment from residents of properties to be proposed for participation in the demonstration to the owners or public housing agencies responsible for such properties: Provided further, That the Secretary may waive or specify alternative requirements for (except for requirements related to fair housing, nondiscrimination, labor standards, and the environment) any provision of section 8(o)(13) or any provision that governs the use of assistance from which a property is converted under the demonstration or funds made available under the headings of "Public Housing Capital Fund'', "Public Housing Operating Fund'', and "Project-Based Rental Assistance'', under this Act or any prior Act or any Act enacted during the period of conversion of assistance under the demonstration for properties with assistance converted under the demonstration, upon a finding by the Secretary that any such waivers or alternative requirements are necessary for the effective conversion of assistance under the demonstration: Provided further, That the Secretary shall publish by notice in the Federal Register any waivers or alternative requirements pursuant to the previous proviso no later than 10 days before the effective date of such notice: Provided further, That the demonstration may proceed after the Secretary publishes notice of its terms in the Federal Register: Provided further, That notwithstanding sections 3 and 16 of the Act, the conversion of assistance under the demonstration shall 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 requirements: Provided further, That in the case of a property with assistance converted under the demonstration from assistance under section 9 of the Act, section 18 of the Act shall not apply to a property converting assistance under the demonstration for all or substantially all of its units, the Secretary shall require ownership or control of assisted units by a public or nonprofit entity except as determined by the Secretary to be necessary pursuant to foreclosure, bankruptcy, or termination and transfer of assistance for material violations or substantial default, in which case the priority for ownership or control shall be provided to a capable public entity, then a capable entity, as determined by the Secretary, shall require long-term renewable use and affordability restrictions for assisted units, and may allow ownership to be transferred to a for-profit entity to facilitate the use of tax credits only if the public housing agency preserves its interest in the property in a manner approved by the Secretary, and upon expiration of the initial contract and each renewal contract, the Secretary shall offer and the owner of the property shall accept renewal of the contract subject to the terms and conditions applicable at the time of renewal and the availability of appropriations each year of such renewal: Provided further, That the Secretary may permit transfer of assistance at or after conversion under the demonstration to replacement units subject to the requirements in the previous proviso: Provided further, That the Secretary may establish the requirements for converted assistance under the demonstration through contracts, use agreements, regulations, or other means: Provided further, That the Secretary shall assess and publish findings regarding the impact of the conversion of assistance under the demonstration on the preservation and improvement of public housing, the amount of private sector leveraging as a result of such conversion, and the effect of such conversion on tenants: Provided further, That for fiscal years 2012 and 2013, owners of properties assisted under section 101 of the Housing and Urban Development Act of 1965, section 236(f)(2) of the National Housing Act, or section 8(e)(2) (except for funds allocated under such section for single room occupancy dwellings as authorized by title IV of the McKinney-Vento Homeless Assistance Act) of the United States Housing Act of 1937, for which an event after October 1, 2006 has caused or results in the termination of rental assistance or affordability restrictions and the issuance of tenant protection vouchers under section 8(o) of the Act, shall be eligible, subject to requirements established by the Secretary, including but not limited to tenant consultation procedures and agreement of the administering public housing agency, for conversion of assistance available for such vouchers to assistance under section 8(o)(13) of the Act, to which the limitation under subsection (B) of section 8(o)(13) of the Act shall not apply and for which the Secretary of Housing and Urban Development may waive or alter the provisions of subparagraphs (C) and (D) of section 8(o)(13) of the Act: Provided further, That with respect to the previous proviso, the Comptroller General of the United States shall conduct a study of the long-term impact of the previous proviso on the ratio of tenant-based vouchers to project-based vouchers.] (Department of Housing and Urban Development Appropriations Act, 2012.)
For activities and assistance for the provision of tenant-based rental assistance authorized under the United States Housing Act of 1937, as amended (42 U.S.C. 1437 et seq.) ("the Act'' herein), not otherwise provided for, [$14,914,369,000] $15,074,283,000, to remain available until expended, shall be available on October 1, [2011] 2012 (in addition to the $4,000,000,000 previously appropriated under this heading that became available on October 1, [2011] 2012), and $4,000,000,000, to remain available until expended, shall be available on October 1, [2012] 2013: Provided, That [of the] amounts made available under this heading are provided as follows:
(1) [$17,242,351,000] $17,237,948,000 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 [2012] 2013 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 HOPE VI vouchers: Provided further, That in determining calendar year 2013 funding allocation under this heading for public housing agencies, including agencies participating in the Moving To Work (MTW) demonstration, the Secretary may take into account the anticipated impact of changes in minimum tenant rents, targeting, and medical expense thresholds to public housing agencies' contract renewal needs: [Provided further, That none of the funds provided under this paragraph may be used to fund a total number of unit months under lease which exceeds a public housing agency's authorized level of units under contract, except for public housing agencies participating in the Moving to Work (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 Act), pro rate 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 Act) 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 [not later than] by the latter of 60 days after enactment of this Act or March 1, 2013: Provided further, That the Secretary may extend the [60-day] notification period, with [the prior written approval of] notification to the House and Senate Committees on Appropriations: Provided further, That public housing agencies participating in the [Moving to Work] MTW demonstration shall be funded pursuant to their [Moving to Work] MTW agreements and shall be subject to the same pro rata adjustments under the previous provisos: Provided further, That the Secretary may offset public housing agencies' calendar year 2013 allocations by the excess amount of agencies' reserves as established by the Secretary: Provided further, That public housing agencies participating in the MTW demonstration may be subject to an offset, as determined by the Secretary, from the agencies' calendar year 2013 MTW funding allocation: Provided further, That the Secretary shall use any offset referred to in the previous two provisos to first avoid or reduce the proration of renewal funding allocations and then on the basis of need, as established by the Secretary: Provided further, That up to [$103,000,000] $75,000,000 shall be available only: (1) [to] 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 [tenant-based rental assistance] vouchers resulting from unforeseen circumstances or from portability under section 8(r) of the Act; (2) for vouchers that were not in use during the 12-month period in order to be available to meet a commitment pursuant to section 8(o)(13) of the Act; (3) for adjustments for costs associated with HUD-Veterans Affairs Supportive Housing (HUD-VASH) vouchers; and (4) for [incremental tenant-based assistance for eligible families currently assisted under the Disaster Voucher Program as authorized by Public Law 109–148 under this heading and the Disaster Housing Assistance Program for Hurricanes Ike and Gustav on the condition that such vouchers will not be re-issued when families leave the program] adjustments in the allocations for public housing agencies that experienced a significant increase, as determined by the Secretary, in renewal costs as a result of participation in the Small Area Fair Market Rent demonstration: Provided further, That the Secretary shall allocate amounts under the previous proviso based on need as determined by the Secretary;
(2) $75,000,000 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 vouchers, mandatory and voluntary conversions, and tenant protection assistance including replacement and relocation assistance or for project-based assistance to prevent the displacement of unassisted elderly tenants currently residing in section 202 properties financed between 1959 and 1974 that are refinanced pursuant to Public Law 106–569, as amended, or under the authority as provided under this Act: Provided, That when a public housing development is submitted for demolition or disposition under section 18 of the Act, the Secretary may provide section 8 rental assistance when the units pose an imminent health and safety risk to residents[: Provided further, That the Secretary may only provide replacement vouchers for units that were occupied within the previous 24 months that cease to be available as assisted housing, subject only to the availability of funds: Provided further, That of the amounts made available under this paragraph, $10,000,000 may be available to provide tenant protection assistance, not otherwise provided under this paragraph, to residents residing in low-vacancy areas and who may have to pay rents greater than 30 percent of household income, as the result of (1) the maturity of a HUD-insured, HUD-held or section 202 loan that requires the permission of the Secretary prior to loan prepayment; (2) the expiration of a rental assistance contract for which the tenants are not eligible for enhanced voucher or tenant protection assistance under existing law; or (3) the expiration of affordability restrictions accompanying a mortgage or preservation program administered by the Secretary: Provided further, That such tenant protection assistance made available under the previous proviso may be provided under the authority of section 8(t) or section 8(o)(13) of the United States Housing Act of 1937 (42 U.S.C. 1437f(t)): Provided further, That the Secretary shall issue guidance to implement the previous provisos, including, but not limited to, requirements for defining eligible at-risk households within 120 days of the enactment of this Act];
(3) [$1,350,000,000] $1,575,000,000 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 $50,000,000 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 [$1,300,000,000] $1,525,000,000 of the amount provided in this paragraph shall be allocated to public housing agencies for the calendar year [2012] 2013 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, notwithstanding the purposes for which such amounts were appropriated: Provided further, That all public housing agencies participating in the MTW demonstration shall be funded pursuant to their MTW agreements, and shall be subject to the same uniform percentage decrease as under the previous proviso: Provided further, That amounts provided under this paragraph shall be only for activities related to the provision of tenant-based rental assistance authorized under section 8, including related development activities;
[(4) $60,000,000 shall be available for family self-sufficiency coordinators under section 23 of the Act;]
[(5) $112,018,000] (4) $111,335,000 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;
[(6)] (5) $75,000,000 for incremental rental voucher assistance for use through a supported housing program administered in conjunction with the Department of Veterans Affairs as authorized under section 8(o)(19) of the United States Housing Act of 1937: Provided, That the Secretary of Housing and Urban Development shall make such funding available, notwithstanding section 204 (competition provision) of this title, to public housing agencies that partner with eligible VA Medical Centers or other entities as designated by the Secretary of the Department of Veterans Affairs, based on geographical need for such assistance as identified by the Secretary of the Department of Veterans Affairs, public housing agency administrative performance, and other factors as specified by the Secretary of Housing and Urban Development in consultation with the Secretary of the Department of Veterans Affairs: Provided further, That the Secretary of Housing and Urban Development may waive, or specify alternative requirements for (in consultation with the Secretary of the Department of Veterans Affairs), any provision of any statute or regulation that the Secretary of Housing and Urban Development administers in connection with the use of funds made available under this paragraph (except for requirements related to fair housing, nondiscrimination, labor standards, and the environment), upon a finding by the Secretary that any such waivers or alternative requirements are necessary for the effective delivery and administration of such voucher assistance: Provided further, That assistance made available under this paragraph shall continue to remain available for homeless veterans upon turn-over; and
[(7)] (6) The Secretary shall separately track all special purpose vouchers funded under this heading. (Department of Housing and Urban Development Appropriations Act, 2012.)
Program and Financing (in millions of dollars)
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Identification code 86–0302–0–1–604 | 2011 actual | 2012 est. | 2013 est. | |
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Obligations by program activity: | ||||
0001 | Tenant Protection | 118 | 127 | 75 |
0002 | Administrative Fees | 1,485 | 1,441 | 1,575 |
0003 | Family Self Sufficiency Coordinators | 117 | 62 | |
0006 | Contract Renewals | 16,683 | 16,617 | 17,213 |
0007 | Rental Assistance Demonstration | 74 | ||
0008 | Veterans Affairs Supportive Housing Vouchers | 53 | 78 | 75 |
0009 | Family Unification Program Vouchers | 15 | ||
0010 | Nonelderly Disabled Vouchers | 8 | ||
0012 | Disaster Housing Assistance Program | 2 | ||
0013 | Section 811 Mainstream Vouchers | 31 | 116 | 111 |
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0900 | Total new obligations (object class 41.0) | 18,510 | 18,443 | 19,123 |
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Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 307 | 179 | |
1021 | Recoveries of prior year unpaid obligations | 17 | ||
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|
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1050 | Unobligated balance (total) | 324 | 179 | |
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 14,408 | 14,914 | 15,074 |
1120 | Transferred to other accounts [86–0402] | –6 | –25 | |
1121 | Appropriations transferred from other accts [86–0304] | 23 | ||
1121 | Appropriations transferred from other accts [86–0163] | 51 | ||
1130 | Appropriations permanently reduced | –37 | ||
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|
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1160 | Appropriation, discretionary (total) | 14,365 | 14,914 | 15,123 |
Advance appropriations, discretionary: | ||||
1170 | Advance appropriation | 4,000 | 4,000 | 4,000 |
1173 | Advance appropriations permanently reduced | –650 | ||
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|
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1180 | Advanced appropriation, discretionary (total) | 4,000 | 3,350 | 4,000 |
1900 | Budget authority (total) | 18,365 | 18,264 | 19,123 |
1930 | Total budgetary resources available | 18,689 | 18,443 | 19,123 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 179 | ||
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||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 1,754 | 1,677 | 1,946 |
3030 | Obligations incurred, unexpired accounts | 18,510 | 18,443 | 19,123 |
3031 | Obligations incurred, expired accounts | 4 | ||
3040 | Outlays (gross) | –18,570 | –18,174 | –19,092 |
3080 | Recoveries of prior year unpaid obligations, unexpired | –17 | ||
3081 | Recoveries of prior year unpaid obligations, expired | –4 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 1,677 | 1,946 | 1,977 |
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3100 | Obligated balance, end of year (net) | 1,677 | 1,946 | 1,977 |
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Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 18,365 | 18,264 | 19,123 |
Outlays, gross: | ||||
4010 | Outlays from new discretionary authority | 16,620 | 16,392 | 17,225 |
4011 | Outlays from discretionary balances | 1,950 | 1,782 | 1,867 |
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4020 | Outlays, gross (total) | 18,570 | 18,174 | 19,092 |
4180 | Budget authority, net (total) | 18,365 | 18,264 | 19,123 |
4190 | Outlays, net (total) | 18,570 | 18,174 | 19,092 |
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The Budget provides $19.1 billion for the Tenant-Based Rental Assistance Program (also known as the Housing Choice Voucher program). The Housing Choice Voucher program provides housing assistance to over two million extremely low- to very low-income families to rent in the neighborhoods of their choice. This is the Federal government's largest and most income-targeted program for assisting very low-income families to rent decent, safe and sanitary housing in the private market. About 2,350 state and local Public Housing Authorities (PHAs) administer the Housing Choice Voucher program.
In addition to continuing assistance for families anticipated to be under lease by 2013, the Budget provides new vouchers to make progress on HUD's annual performance goals for preserving the number of families receiving rental assistance and for reducing the number of homeless families and homeless veterans. The Budget includes $111 million to renew nearly 15,000 Mainstream vouchers for Housing for Persons with Disabilities previously funded from the Section 811 account; and $75 million in new vouchers for homeless veterans through the HUD-Veteran Affairs Supportive Housing (HUD-VASH) program. The account also includes $75 million for tenant protection vouchers, which are provided when certain actions occur beyond the control of the residents, such as public housing demolition or disposition, or when landlords terminate their Project-Based Rental Assistance contracts.
The Budget includes several policy proposals that provide administrative and program flexibility, implement program management improvements, and achieve measurable savings. The Budget proposes the following: (1) Sponsor-Based Assistance for Homeless Families. This proposal supports the Federal Plan to Prevent and End Homelessness by proposing flexible authority for sponsor-based voucher assistance. PHAs would administer competitions to award voucher funding to not-for-profit service providers that leverage and deliver supportive services for homeless families; (2) Biennial and Alternative Inspections. This proposal reduces PHA administrative burden and allows the PHAs to focus limited resources on higher risk units by changing the requirement for mandatory inspection of units from one to every two years. In addition, PHAs will be able to satisfy inspection requirements through alternative standards if they are established by other Federal housing programs, such as HOME Investment Partnerships and Low-Income Housing Tax Credit programs; (3) Consolidated Family Self-Sufficiency (FSS) Program. This proposal streamlines services and aligns FSS policies and service coordination for HUD-assisted residents in Housing Choice Voucher, Public Housing, and Project-Based Rental Assistance (please see FSS account); and (4) Consolidated Opportunities for Resident Enrichment (CORE). This proposal authorizes PHAs to use a portion of their funds from Public Housing Capital, Public Housing Operating, and Housing Choice Voucher administrative fees to provide service coordination, case management, and other supportive service activities that promote positive resident outcomes related to education, health, self-sufficiency and quality of life.
The Administration also continues to improve the management of the Housing Choice Voucher program by making progress on the development of the Next Generation Management System, which will comprehensively overhaul and improve HUD information technology systems to better manage and administer the program.
The Budget proposes an exemption of MR properties from the 60,000 unit cap on properties that can convert to PBRA or PBV contracts. The 60,000 unit cap would apply to Public Housing conversions alone, while the number of MR conversions (at existing subsidy levels) would not be constrained. This will enable the Department to conduct a demonstration and complete evaluation of all conversions while also preserving as many viable MR properties as possible.
The Budget also includes key provisions that reform the rent structure across HUD's rental assistance programs and effectively reduce the amount necessary for contract renewals: (1) The required minimum rent is increased to $75 per month, which is comparable to the minimum rent ceiling of $50 enacted in 1998 adjusted for inflation. Consistent with current policy, PHAs must exempt families facing financial hardship from payment of the minimum rent; (2) The definition of extremely low-income is broadened to apply to families with incomes that are the higher of 30 percent of Area Median Income or the Federal poverty level; and (3) The threshold used to determine deductions for unreimbursed medical expenses is increased from 3 to 10 percent of family income.
In 2013, the Administration will also begin implementation of the Rental Assistance Demonstration (RAD), as authorized by the Consolidated and Further Continuing Appropriations Act of 2012 (P.L. 112–55). RAD provides PHAs and owners of rental properties assisted under the Public Housing, Section 8 Moderate Rehabilitation, Rent Supplement, and Rental Assistance Payment programs the option to convert their properties to long-term Project-Based Rental Assistance (PBRA) or Project-Based Voucher contracts. The Budget reflects a total estimated transfer of $74 million from the Public Housing Capital and Operating Funds to the Tenant-Based Rental Assistance account to implement the program.
[Of the unobligated] Unobligated balances, including recaptures and carryover, remaining from funds appropriated to the Department of Housing and Urban Development under this heading, [$200,000,000 are rescinded, to be effected by the Secretary of Housing and Urban Development no later than September 30, 2012] the heading "Annual Contributions for Assisted Housing", and the heading "Project-Based Rental Assistance", for fiscal year 2013 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 if insufficient funds exist under this heading, the remaining balance may be derived from any other unobligated balances available under any heading under this title funded in fiscal year 2011 and prior years: Provided further, That the Secretary shall notify the Committees on Appropriations of the unobligated balances used to meet this rescission 30 days in advance of such rescission: Provided further, That any such balances governed by reallocation provisions under the statute authorizing the program for which the funds were originally appropriated shall be available for the rescission: Provided further,] That any obligated balances of contract authority from fiscal year 1974 and prior that have been terminated [shall be] are hereby permanently cancelled: Provided further, That amounts previously 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. (Department of Housing and Urban Development Appropriations Act, 2012.)
Program and Financing (in millions of dollars)
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Identification code 86–0319–0–1–604 | 2011 actual | 2012 est. | 2013 est. | |
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Obligations by program activity: | ||||
0001 | Contract Renewals | 20 | 50 | |
0002 | Contract Administrators | 31 | ||
0005 | Section 8 Amendments | 43 | 50 | |
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0900 | Total new obligations (object class 41.0) | 94 | 100 | |
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Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 16 | 54 | |
1021 | Recoveries of prior year unpaid obligations | 137 | 146 | 100 |
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1050 | Unobligated balance (total) | 153 | 200 | 100 |
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 88 | 50 | |
1131 | Unobligated balance of appropriations permanently reduced | –93 | –200 | –50 |
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1160 | Appropriation, discretionary (total) | –5 | –200 | |
1900 | Budget authority (total) | –5 | –200 | |
1930 | Total budgetary resources available | 148 | 100 | |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 54 | ||
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||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 4,393 | 3,180 | 2,109 |
3030 | Obligations incurred, unexpired accounts | 94 | 100 | |
3040 | Outlays (gross) | –1,170 | –925 | –808 |
3080 | Recoveries of prior year unpaid obligations, unexpired | –137 | –146 | –100 |
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 3,180 | 2,109 | 1,301 |
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3100 | Obligated balance, end of year (net) | 3,180 | 2,109 | 1,301 |
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||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | –5 | –200 | |
Outlays, gross: | ||||
4010 | Outlays from new discretionary authority | 3 | 25 | |
4011 | Outlays from discretionary balances | 987 | 925 | 783 |
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4020 | Outlays, gross (total) | 990 | 925 | 808 |
Mandatory: | ||||
Outlays, gross: | ||||
4101 | Outlays from mandatory balances | 180 | ||
4180 | Budget authority, net (total) | –5 | –200 | |
4190 | Outlays, net (total) | 1,170 | 925 | 808 |
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Memorandum (non-add) entries: | ||||
5052 | Obligated balance, SOY: Contract authority | 5 | 5 | 5 |
5053 | Obligated balance, EOY: Contract authority | 5 | 5 | 5 |
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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. The Budget reinstates appropriations language providing for recovered amounts to be used to support contract renewals, amendments, and performance-based contract administrators.
For activities and assistance for the provision of project-based subsidy contracts under the United States Housing Act of 1937 (42 U.S.C. 1437 et seq.) ("the Act''), not otherwise provided for, [$8,939,672,000] $8,300,400,000, to remain available until expended, shall be available on October 1, [2011] 2012 (in addition to the $400,000,000 previously appropriated under this heading that became available October 1, [2011] 2012), and $400,000,000, to remain available until expended, shall be available on October 1, [2012] 2013: 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 [$289,000,000] $260,000,000 shall be available for performance-based contract administrators for section 8 project-based assistance: 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 to require that surplus project funds be deposited in an interest-bearing residual receipts account and that are in excess of an amount to be determined by the Secretary, shall be remitted to the Department and deposited in this account, to be available until expended: Provided further, That amounts deposited pursuant to the previous proviso shall be available in addition to the amount otherwise provided by this heading for uses authorized under this heading. (Department of Housing and Urban Development Appropriations Act, 2012.)
Program and Financing (in millions of dollars)
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Identification code 86–0303–0–1–604 | 2011 actual | 2012 est. | 2013 est. | |
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Obligations by program activity: | ||||
0001 | Contract Renewals | 8,432 | 8,569 | 7,859 |
0003 | Section 8 Amendments | 591 | 586 | 625 |
0004 | Contract Administrators | 325 | 289 | 260 |
0005 | Vouchers for Disaster Relief | 2 | ||
0006 | Tenant Information and Outreach | 10 | 10 | |
0007 | Rental Assistance Demonstration | 74 | ||
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0900 | Total new obligations (object class 41.0) | 9,350 | 9,454 | 8,828 |
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Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 126 | 114 | |
1021 | Recoveries of prior year unpaid obligations | 81 | ||
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1050 | Unobligated balance (total) | 207 | 114 | |
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 8,882 | 8,940 | 8,300 |
1120 | Appropriations transferred to other accts [86–0402] | –19 | ||
1121 | Appropriations transferred from other accts [86–0163] | 51 | ||
1121 | Appropriations transferred from other accts [86–0304] | 23 | ||
1130 | Appropriations permanently reduced | –19 | ||
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1160 | Appropriation, discretionary (total) | 8,863 | 8,940 | 8,355 |
Advance appropriations, discretionary: | ||||
1170 | Advance appropriation | 394 | 400 | 400 |
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1180 | Advanced appropriation, discretionary (total) | 394 | 400 | 400 |
Spending authority from offsetting collections, discretionary: | ||||
1700 | Collected | 73 | ||
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1750 | Spending auth from offsetting collections, disc (total) | 73 | ||
1900 | Budget authority (total) | 9,257 | 9,340 | 8,828 |
1930 | Total budgetary resources available | 9,464 | 9,454 | 8,828 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 114 | ||
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Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 5,009 | 5,583 | 5,880 |
3030 | Obligations incurred, unexpired accounts | 9,350 | 9,454 | 8,828 |
3040 | Outlays (gross) | –8,695 | –9,157 | –9,553 |
3080 | Recoveries of prior year unpaid obligations, unexpired | –81 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 5,583 | 5,880 | 5,155 |
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3100 | Obligated balance, end of year (net) | 5,583 | 5,880 | 5,155 |
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Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 9,257 | 9,340 | 8,828 |
Outlays, gross: | ||||
4010 | Outlays from new discretionary authority | 3,809 | 4,870 | 4,615 |
4011 | Outlays from discretionary balances | 4,886 | 4,287 | 4,938 |
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4020 | Outlays, gross (total) | 8,695 | 9,157 | 9,553 |
Offsets against gross budget authority and outlays: | ||||
Offsetting collections (collected) from: | ||||
4033 | Non-Federal sources | –73 | ||
4180 | Budget authority, net (total) | 9,257 | 9,340 | 8,755 |
4190 | Outlays, net (total) | 8,695 | 9,157 | 9,480 |
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The Budget requests $8.7 billion for Project-Based Rental Assistance (PBRA), of which $400 million is requested as an advance appropriation to become available in 2014. The request reflects a reduction in upfront funding for some PBRA contracts that cross fiscal years, which will not reduce or delay payments to landlords or impact the number of families served by the program.
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 households and disabled households and provides transitional housing for the homeless. Through this funding, HUD supports approximately 17,550 contracts with private owners of multifamily housing by paying the difference between what a household can afford, generally 30 percent of its eligible income, and the approved market-based rent for a housing unit.
The Budget includes two proposals that provide measurable savings and policy alignment across all HUD-assisted rental housing. The minimum rent is increased to $75 per month and the threshold for deducting unreimbursed medical expenses is increased to 10 percent of family income. Consistent with current policy, families facing financial hardship must be exempt from payment of the minimum rent. PBRA program costs are further reduced through the following proposals: (1) improving oversight of market rent studies used to set subsidy payment levels; (2) capping annual subsidy increases for certain properties; and (3) using excess reserves (residual receipts) to offset HUD payments to landlords or, in the case of "new regulation" contracts, collecting those reserves in the PBRA account and using them to cover a portion of the payments.
Under the Rental Assistance Demonstration (RAD), authorized by the Consolidated and Further Continuing Appropriations Act of 2012 (P.L. 112–55), PHAs and owners of rental properties assisted under the Public Housing and Section 8 Moderate Rehabilitation (MR) programs have the option to convert the assistance of their properties to long-term PBRA or Project-Based Voucher (PBV, funded in the Tenant-Based Rental Assistance account) contracts. The Department will begin to implement RAD conversions in 2013. An estimated $51 million and $23 million requested for the Public Housing Operating Fund and Public Housing Capital Fund, respectively, will be transferred to the PBRA account to fund the conversion of approximately 24,000 Public Housing units to long-term PBRA contracts.
The Budget proposes an exemption of MR properties from the 60,000 unit cap on properties that can convert to PBRA or PBV contracts. The 60,000 unit cap would apply to Public Housing conversions alone, while the number of MR conversions (at existing subsidy levels) would not be constrained. This will enable the Department to conduct a demonstration and complete evaluation of all conversions while also preserving as many viable MR properties as possible.
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. These funds cover the direct housing costs of families in the program. Currently, 87 percent of contracts are funded annually; the other 13 percent are long-term contracts funded with previous appropriations, of which 40 percent will need amendment funding in 2013. 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 contracts with performance-based contract administrators. These entities, which are typically public housing authorities or state housing finance agencies, are responsible for conducting on-site management reviews of assisted properties; adjusting contract rents; reviewing, processing, and paying monthly vouchers submitted by owners; renewing contracts with property owners; and responding to health and safety issues at properties. The Budget requests up to $260 million for this set-aside.
For the Public Housing Capital Fund Program to carry out capital and management activities for public housing agencies, as authorized under section 9 of the United States Housing Act of 1937 (42 U.S.C. 1437g) (the "Act'') [$1,875,000,000] $2,070,000,000, to remain available until September 30, [2015] 2016: Provided, That notwithstanding any other provision of law or regulation, during fiscal year [2012] 2013 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 [$10,000,000] $15,345,000 shall be to support [the] ongoing Public Housing Financial and Physical Assessment activities [of the Real Estate Assessment Center (REAC)]: 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 [including safety and security measures necessary to address crime and drug-related activity as well as needs] resulting from unforeseen or unpreventable emergencies and natural disasters excluding Presidentially declared emergencies and natural disasters under the Robert T. Stafford Disaster Relief and Emergency Act (42 U.S.C. 5121 et seq.) occurring in fiscal year [2012: Provided further, That of the total amount provided under this heading $50,000,000 shall be for supportive services, service coordinator and congregate services as authorized by section 34 of the Act (42 U.S.C. 1437z-6) and the Native American Housing Assistance and Self-Determination Act of 1996 (25 U.S.C. 4101 et seq.)] 2013: Provided further, That of the total amount provided under this heading, up to $5,000,000 is to support the costs of administrative and judicial receiverships: Provided further, That from the funds made available under this heading, the Secretary shall provide bonus awards in fiscal year [2012] 2013 to public housing agencies that are designated high performers: Provided further, That up to $50,000,000 of funds made available under this heading shall be used for a Jobs-Plus Pilot initiative modeled after the Jobs-Plus demonstration: Provided further, That the Jobs-Plus Pilot initiative shall provide competitive grants to partnerships between public housing authorities, local workforce investment boards established under section 117 of the Workforce Investment Act of 1998, and other agencies and organizations that provide support to help public housing residents obtain employment and increase earnings: Provided further, That the Secretary may waive or specify alternative requirements for any provision of the United States Housing Act of 1937 (except for requirements related to fair housing, nondiscrimination, labor standards, and the environment) upon a finding by the Secretary that any such waivers or alternative requirements are necessary for the effective implementation of the Jobs-Plus Pilot initiative: 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. (Department of Housing and Urban Development Appropriations Act, 2012.)
Program and Financing (in millions of dollars)
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Identification code 86–0304–0–1–604 | 2011 actual | 2012 est. | 2013 est. | |
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Obligations by program activity: | ||||
0001 | Capital Grants | 1,938 | 1,800 | 1,924 |
0002 | Technical Assistance | 4 | 4 | |
0003 | Emergency/Disaster Reserve | 13 | 33 | 20 |
0006 | Resident Opportunities and Supportive Services | 97 | 50 | |
0007 | Administrative Receivership | 4 | 17 | 5 |
0008 | Financial and Physical Assessment Support | 11 | 32 | 15 |
0009 | Early Childhood Education Facilities | 48 | 7 | |
0010 | Jobs-Plus Pilot | 50 | ||
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0900 | Total new obligations | 2,115 | 1,943 | 2,014 |
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Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 188 | 76 | |
1021 | Recoveries of prior year unpaid obligations | 58 | ||
1029 | Other balances withdrawn | –85 | –8 | |
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1050 | Unobligated balance (total) | 161 | 68 | |
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 2,044 | 1,875 | 2,070 |
1120 | Appropriations transferred to other accts [86–0303] | –23 | ||
1120 | Appropriations transferred to other accts [86–0302] | –23 | ||
1120 | Appropriations transferred to other accts [86–0402] | –10 | ||
1130 | Appropriations permanently reduced | –4 | ||
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1160 | Appropriation, discretionary (total) | 2,040 | 1,875 | 2,014 |
Spending authority from offsetting collections, mandatory: | ||||
1800 | Collected | 1 | ||
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1850 | Spending auth from offsetting collections, mand (total) | 1 | ||
1900 | Budget authority (total) | 2,041 | 1,875 | 2,014 |
1930 | Total budgetary resources available | 2,202 | 1,943 | 2,014 |
Memorandum (non-add) entries: | ||||
1940 | Unobligated balance expiring | –11 | ||
1941 | Unexpired unobligated balance, end of year | 76 | ||
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Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 7,761 | 5,634 | 4,772 |
3030 | Obligations incurred, unexpired accounts | 2,115 | 1,943 | 2,014 |
3040 | Outlays (gross) | –4,177 | –2,805 | –2,371 |
3080 | Recoveries of prior year unpaid obligations, unexpired | –58 | ||
3081 | Recoveries of prior year unpaid obligations, expired | –7 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 5,634 | 4,772 | 4,415 |
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3100 | Obligated balance, end of year (net) | 5,634 | 4,772 | 4,415 |
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Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 2,040 | 1,875 | 2,014 |
Outlays, gross: | ||||
4010 | Outlays from new discretionary authority | 52 | 38 | 40 |
4011 | Outlays from discretionary balances | 3,977 | 2,767 | 2,331 |
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4020 | Outlays, gross (total) | 4,029 | 2,805 | 2,371 |
Mandatory: | ||||
4090 | Budget authority, gross | 1 | ||
Outlays, gross: | ||||
4101 | Outlays from mandatory balances | 148 | ||
Offsets against gross budget authority and outlays: | ||||
Offsetting collections (collected) from: | ||||
4123 | Non-Federal sources | –1 | ||
4180 | Budget authority, net (total) | 2,040 | 1,875 | 2,014 |
4190 | Outlays, net (total) | 4,176 | 2,805 | 2,371 |
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The Budget proposes $2.07 billion for the Public Housing Capital Fund, a formula program designed to respond to the capital and management improvement requirements of Public Housing. The program preserves and enhances a valuable affordable housing resource, which serves approximately 1.1 million families with limited incomes. Of the amount requested, over $1.9 billion will fund capital grants to Public Housing Authorities (PHAs). The balance includes up to $50 million for a Jobs-Plus pilot, $15 million for public housing financial and physical assessment support, up to $20 million for emergency capital needs resulting from non-Presidentially declared emergencies and natural disasters, and up to $5 million for administrative and judicial receiverships.
The Administration proposes to combine the separate Operating Fund and Capital Fund programs into a single Public Housing subsidy stream. The current bifurcated structure presents restrictions that are difficult to implement and regulate, and underscores the isolation of Public Housing properties from mainstream real estate financing and management practices. The proposed merger will complete the transition of Public Housing to asset management, simplify the program, and reduce administrative burden on PHAs. As a first step towards consolidation, the Budget provides all PHAs with full flexibility to use their operating and capital funds for any eligible capital or operating expense. The Administration will submit authorizing legislation to consolidate the Operating Fund and Capital Fund programs in the spring of 2012.
The Budget includes up to $50 million to pilot an expansion of the successful Jobs-Plus demonstration. This pilot will provide over 30,000 Public Housing residents with job search assistance and other employment related services, financial incentives to work through changes to rent rules, and supportive services such as child care and transportation assistance. The Budget also proposes the Consolidated Opportunities for Resident Enrichment (CORE) flexibility. This proposal authorizes PHAs to combine and use a portion of their Public Housing Capital, Public Housing Operating, and Housing Choice Voucher administrative fee funds for service coordination, case management, and other supportive service activities that promote positive resident outcomes related to education, health, self-sufficiency and quality of life.
In 2013, the Department will begin implementation of the Rental Assistance Demonstration (RAD) authorized by the Consolidated and Further Continuing Appropriations Act of 2012 (P.L. 112–55). RAD provides PHAs and other owners of rental properties assisted under the Public Housing, Section 8 Moderate Rehabilitation, Rent Supplement, and Rental Assistance Payment programs the option to convert the assistance on their properties to long-term Project-Based Rental Assistance (PBRA) or Project-Based Voucher contracts. The Budget reflects a total estimated transfer of $46 million from the Capital Fund (in addition to $102 million from the Operating Fund) to the PBRA and Tenant-Based Rental Assistance accounts to support the conversion of approximately 48,000 Public Housing units in 2013.
Object Classification (in millions of dollars)
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Identification code 86–0304–0–1–604 | 2011 actual | 2012 est. | 2013 est. | |
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41.0 | Direct obligations: Grants, subsidies, and contributions | 2,114 | 1,943 | 2,014 |
99.0 | Reimbursable obligations | 1 | ||
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99.9 | Total new obligations | 2,115 | 1,943 | 2,014 |
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For [2012] 2013 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)), [$3,961,850,000, of which $20,000,000 shall be available until September 30, 2013] $4,524,000,000: Provided, That in determining public housing agencies', including Moving to Work agencies', calendar year [2012] 2013 funding allocations under this heading, the Secretary shall take into account the impact of changes in minimum rents, flat rents, and medical expense thresholds on public housing agencies' [excess operating fund reserves, as determined by the Secretary: Provided further, That Moving to Work agencies shall receive a pro-rata reduction consistent with their peer groups: Provided further, That no public housing agency shall be left with less than $100,000 in operating reserves: Provided further, That the Secretary shall not offset excess reserves by more than $750,000,000: Provided further, That in implementing such allocation reductions, the Secretary shall establish a process by which public housing agencies can appeal the initial allocation amounts and the Secretary shall consider adjustments based on such factors, including prior funding reservations, commitments related to mixed finance developments, or reporting errors: Provided further, That the Secretary shall notify public housing agencies of such process and what documentation may be required as part of such appeal: Provided further, That following the appeals process established under the previous two provisos, the Secretary shall make final allocations: Provided further, That of the amount provided under this heading up to $20,000,000 may be set aside to provide assistance to any public housing authority who encounters financial hardship as a direct result of an excess reserve offset applied to an allocation of funding under this heading: Provided further, That the Secretary shall provide flexibility to public housing agencies to use excess operating reserves for capital improvements] formula income levels. (Department of Housing and Urban Development Appropriations Act, 2012.)
Program and Financing (in millions of dollars)
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Identification code 86–0163–0–1–604 | 2011 actual | 2012 est. | 2013 est. | |
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Obligations by program activity: | ||||
0001 | Operating Subsidy | 4,600 | 3,962 | 4,399 |
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0900 | Total new obligations (object class 41.0) | 4,600 | 3,962 | 4,399 |
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Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 3 | 3 | |
1021 | Recoveries of prior year unpaid obligations | 3 | ||
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1050 | Unobligated balance (total) | 3 | 3 | 3 |
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 4,626 | 3,962 | 4,524 |
1120 | Appropriations transferred to other accts [86–0402] | –15 | –23 | |
1120 | Appropriations transferred to other accts [86–0302] | –51 | ||
1120 | Appropriations Transferred to other accounts [86–0303] | –51 | ||
1130 | Appropriations permanently reduced | –9 | ||
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1160 | Appropriation, discretionary (total) | 4,602 | 3,962 | 4,399 |
1930 | Total budgetary resources available | 4,605 | 3,965 | 4,402 |
Memorandum (non-add) entries: | ||||
1940 | Unobligated balance expiring | –2 | ||
1941 | Unexpired unobligated balance, end of year | 3 | 3 | 3 |
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Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 1,336 | 1,312 | 1,109 |
3030 | Obligations incurred, unexpired accounts | 4,600 | 3,962 | 4,399 |
3040 | Outlays (gross) | –4,620 | –4,165 | –4,276 |
3080 | Recoveries of prior year unpaid obligations, unexpired | –3 | ||
3081 | Recoveries of prior year unpaid obligations, expired | –1 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 1,312 | 1,109 | 1,232 |
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3100 | Obligated balance, end of year (net) | 1,312 | 1,109 | 1,232 |
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Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 4,602 | 3,962 | 4,399 |
Outlays, gross: | ||||
4010 | Outlays from new discretionary authority | 3,298 | 2,853 | 3,167 |
4011 | Outlays from discretionary balances | 1,322 | 1,312 | 1,109 |
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4020 | Outlays, gross (total) | 4,620 | 4,165 | 4,276 |
4180 | Budget authority, net (total) | 4,602 | 3,962 | 4,399 |
4190 | Outlays, net (total) | 4,620 | 4,165 | 4,276 |
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The Budget requests $4.524 billion for the Public Housing Operating Fund, which provides operating subsidies to Public Housing Authorities (PHAs) to assist in funding the operation and maintenance expenses of Public Housing units in accordance with Section 9(e) of the United States Housing Act of 1937.
The Budget includes three reforms to the rent structure that reduce PHAs' eligibility for operating subsidies while protecting Public Housing tenants from financial hardship. The minimum rent is increased to $75 per month, which is comparable to the minimum rent ceiling of $50 enacted in 1998 adjusted for inflation. Consistent with current policy, PHAs must exempt families facing financial hardship from payment of the minimum rent. The Budget also requires PHAs to set flat rents closer to comparable market levels by establishing a floor at 80 percent of the applicable fair market rent. PHAs will phase in flat rent increases to ensure that a family's existing rental payment does not increase by more than 35 percent per year. Finally, the Budget increases the threshold for deducting unreimbursed medical expenses from 3 percent to 10 percent of family income.
In 2013, the Department will begin implementation of the Rental Assistance Demonstration (RAD) authorized by the Consolidated and Further Continuing Appropriations Act of 2012 (P.L. 112–55). RAD provides PHAs and other owners of rental properties assisted under the Public Housing, Section 8 Moderate Rehabilitation, Rent Supplement, and Rental Assistance Payment programs the option to convert their properties to long-term Project-Based Rental Assistance (PBRA) or Project-Based Voucher contracts. The Budget reflects a total estimated transfer of $102 million from the Operating Fund (in addition to $46 million from the Capital Fund) to the PBRA and Tenant-Based Rental Assistance accounts to support the conversion of approximately 48,000 Public Housing units.
Program and Financing (in millions of dollars)
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Identification code 86–0197–0–1–604 | 2011 actual | 2012 est. | 2013 est. | |
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Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 1 | 1 | 1 |
1930 | Total budgetary resources available | 1 | 1 | 1 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 1 | 1 | 1 |
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Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 1 | 1 | 1 |
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 1 | 1 | 1 |
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3100 | Obligated balance, end of year (net) | 1 | 1 | 1 |
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No new appropriations have been provided for the Public Housing Drug Elimination Grants program since 2001.
For competitive grants under the Choice Neighborhoods Initiative [(subject to section 24 of the United States Housing Act of 1937 (42 U.S.C. 1437v), unless otherwise specified under this heading),] for transformation, rehabilitation, and replacement housing needs of both public and HUD-assisted housing and to transform neighborhoods of poverty into functioning, sustainable mixed income neighborhoods with appropriate services, schools, public assets, transportation and access to jobs, [$120,000,000] $150,000,000, to remain available until September 30, [2014] 2015, of which the Secretary of Housing and Urban Development may use up to $5,000,000 for technical assistance and contract expertise, including training and the cost of necessary travel for participants in such training, to be provided directly or indirectly through grants, contracts or cooperative agreements by or to officials and employees of the Department and of public housing agencies and to residents: Provided, That grant funds may be used for resident and community services, community development, and affordable housing needs in the community, and for conversion of vacant or foreclosed properties to affordable housing: [Provided further, That use of funds made available under this heading shall not be deemed to be public housing notwithstanding section 3(b)(1) of such Act:] Provided further, That grantees shall commit to an additional period of affordability determined by the Secretary, but not fewer than 20 years: Provided further, That grantees shall undertake comprehensive local planning with input from residents and the community, and that grantees shall provide a match in State, local, other Federal or private funds: Provided further, That grantees may include local governments, tribal entities, public housing authorities, and nonprofits: Provided further, That for-profit developers may apply jointly with a public entity: [Provided further, That of the amount provided, not less than $80,000,000 shall be awarded to public housing authorities:] Provided further, That such grantees shall create partnerships with other local organizations including assisted housing owners, service agencies, and resident organizations: Provided further, That the Secretary shall consult with the Secretaries of Education, Labor, Transportation, Health and Human Services, Agriculture, and Commerce, the Attorney General and the Administrator of the Environmental Protection Agency to coordinate and leverage other appropriate Federal resources[: Provided further, That no more than $5,000,000 of funds made available under this heading may be provided to assist communities in developing comprehensive strategies for implementing this program or implementing other revitalization efforts in conjunction with community notice and input: Provided further, That the Secretary shall develop and publish guidelines for the use of such competitive funds, including but not limited to eligible activities, program requirements, and performance metrics]. (Department of Housing and Urban Development Appropriations Act, 2012.)
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0349–0–1–604 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0001 | Choice Neighborhoods Grants | 5 | 120 | |
|
|
|
||
0900 | Total new obligations (object class 41.0) | 5 | 120 | |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 115 | ||
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 120 | 150 | |
1120 | Transferred to other accounts [86–0402] | –1 | ||
|
|
|
||
1160 | Appropriation, discretionary (total) | 120 | 149 | |
1930 | Total budgetary resources available | 120 | 264 | |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 115 | 144 | |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 5 | ||
3030 | Obligations incurred, unexpired accounts | 5 | 120 | |
3040 | Outlays (gross) | –8 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 5 | 117 | |
|
|
|
||
3100 | Obligated balance, end of year (net) | 5 | 117 | |
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 120 | 149 | |
Outlays, gross: | ||||
4011 | Outlays from discretionary balances | 8 | ||
4180 | Budget authority, net (total) | 120 | 149 | |
4190 | Outlays, net (total) | 8 | ||
|
The Budget proposes $150 million for Choice Neighborhoods to continue the transformation of neighborhoods of poverty into functioning, sustainable, mixed-income neighborhoods with appropriate services, schools, public assets, transportation, and access to jobs. The goal of the program, a central component of the White House Neighborhood Revitalization Initiative, is to demonstrate that concentrated and coordinated neighborhood investments from multiple sources can transform a distressed neighborhood and improve the quality of life of current and future residents. The Department awarded the first-ever Choice Neighborhood grants — 17 planning grants ($4 million total) and five implementation grants ($122 million total) — in 2011, and an additional $3.6 million in planning grants was awarded in 2012.
Choice Neighborhoods implementation grants primarily fund the preservation, rehabilitation, and transformation of Public Housing and other HUD-assisted multifamily rental housing. These grants build on the successes of Public Housing transformation under HOPE VI with a broader approach to concentrated poverty. Grantees include not only public housing authorities but also local governments, non-profits and for-profit developers. Grant funds can be used for resident and community services, community development and affordable housing activities in surrounding communities, and multifamily or single family property disposition, including the conversion of these properties to affordable housing. The Budget will fund 4 to 6 implementation grants.
Grantees are required to undertake comprehensive local planning with input from residents and the community. A strong emphasis is placed on local community planning to improve schools and education programs, including early childhood initiatives. Of the amount requested, up to $5 million will fund 14 to 18 planning grants to assist local partnerships to develop strong proposals for future implementation grant competitions.
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0218–0–1–604 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0001 | HOPE VI Grants | 153 | 3 | |
0002 | HOPE VI Technical Assistance | 5 | 6 | |
0003 | Choice Neighborhoods Initiative | 126 | 4 | |
|
|
|
||
0900 | Total new obligations (object class 41.0) | 284 | 13 | |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 199 | 13 | |
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 100 | ||
1120 | Transferred to other accounts [86–0402] | –1 | ||
|
|
|
||
1160 | Appropriation, discretionary (total) | 99 | ||
1930 | Total budgetary resources available | 298 | 13 | |
Memorandum (non-add) entries: | ||||
1940 | Unobligated balance expiring | –1 | ||
1941 | Unexpired unobligated balance, end of year | 13 | ||
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 564 | 670 | 513 |
3030 | Obligations incurred, unexpired accounts | 284 | 13 | |
3040 | Outlays (gross) | –177 | –170 | –150 |
3081 | Recoveries of prior year unpaid obligations, expired | –1 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 670 | 513 | 363 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 670 | 513 | 363 |
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 99 | ||
Outlays, gross: | ||||
4011 | Outlays from discretionary balances | 177 | 170 | 150 |
4180 | Budget authority, net (total) | 99 | ||
4190 | Outlays, net (total) | 177 | 170 | 150 |
|
The HOPE VI program, in coordination with funding from the Public Housing Capital Fund, has accomplished its goal of contributing to the demolition of 100,000 severely distressed Public Housing units. The Budget proposes no additional funds for this program. Instead, the Budget proposes to build on the success of HOPE VI with Choice Neighborhoods. First funded in 2010, Choice Neighborhoods makes a broad range of transformative investments in high-poverty neighborhoods where Public Housing and other HUD-assisted housing is concentrated. HUD awarded the first-ever Choice Neighborhoods planning and implementation grants in 2011.
Remaining balances of HOPE VI grants will spend out over several years as redevelopment projects are completed. Cumulative results of the HOPE VI program as of September 30, 2011 are as follows: 73,949 households relocated; 96,797 units demolished; 89,413 units (new and rehabilitated) completed; and 88,112 completed units occupied.
For the Family Self-Sufficiency program to support family self-sufficiency coordinators under section 23 of the United States Housing Act of 1937, $60,000,000, to promote the development of local strategies to coordinate the use of assistance under sections 8 and 9 of such Act with public and private resources, to enable eligible families to achieve economic independence and self-sufficiency: Provided, That the Secretary may waive or specify alternative requirements (except for requirements related to fair housing, nondiscrimination, labor standards, and the environment) for any provision of such section 23 in order to fulfill the purposes of this heading.
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0350–0–1–604 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0001 | Family Self-Sufficiency | 60 | ||
|
|
|
||
0900 | Total new obligations (object class 41.0) | 60 | ||
|
||||
Budgetary Resources: | ||||
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 60 | ||
|
|
|
||
1160 | Appropriation, discretionary (total) | 60 | ||
1930 | Total budgetary resources available | 60 | ||
|
||||
Change in obligated balance: | ||||
3030 | Obligations incurred, unexpired accounts | 60 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 60 | ||
|
|
|
||
3100 | Obligated balance, end of year (net) | 60 | ||
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 60 | ||
4180 | Budget authority, net (total) | 60 | ||
|
The Budget requests $60 million for a consolidated Family Self-Sufficiency (FSS) Program to help HUD-assisted residents achieve self-sufficiency and economic independence. The FSS program is designed to provide service coordination through community partnerships that link assisted residents with employment assistance, training, child care services, and other supportive services. The funding will be allocated through a competition to eligible Public Housing Authorities (PHAs) and eligible entities to support service coordinators. Rather than operate two separate and independently administered FSS programs for Housing Choice Voucher and Public Housing families, the Budget proposes to consolidate and align the FSS program into one program to enable PHAs to more uniformly serve both programs' residents. This proposal will also make the program available to residents of HUD's other major rental assistance program, Project-Based Rental Assistance.
In addition to the FSS program consolidation, the Budget includes flexible authorities for PHAs to combine and use a portion of their funds from the Public Housing Operating and Capital Funds, and Tenant-Based Rental Assistance administrative fees towards additional service coordination that could complement the FSS program or provide residents with other supportive services that promote positive resident outcomes related to education, health, self-sufficiency and quality of life.
For the Native American Housing Block Grants program, as authorized under title I of the Native American Housing Assistance and Self-Determination Act of 1996 (NAHASDA) (25 U.S.C. 4111 et seq.), $650,000,000, to remain available until September 30, [2016] 2017: Provided, That, notwithstanding the Native American Housing Assistance and Self-Determination Act of 1996, to determine the amount of the allocation under title I of such Act for each Indian tribe, the Secretary shall apply the formula under section 302 of such Act with the need component based on single-race census data and with the need component based on multi-race census data, and the amount of the allocation for each Indian tribe shall be the greater of the two resulting allocation amounts: [Provided further, That of the amounts made available under this heading, $2,000,000 shall be contracted for assistance for national or regional organizations representing Native American housing interests for providing training and technical assistance to Indian housing authorities and tribally designated housing entities and $2,000,000 shall be to support the inspection of Indian housing units, contract expertise, training, and technical assistance in the training, oversight, and management of such Indian housing and tenant-based assistance, including up to $200,000 for related travel:] Provided further, That of the amount provided under this heading, $2,000,000 shall be made available for the cost of guaranteed notes and other obligations, as authorized by title VI of NAHASDA: Provided further, That such costs, including the costs of modifying such notes and other obligations, shall be as defined in section 502 of the Congressional Budget Act of 1974, as amended: Provided further, That these funds are available to subsidize the total principal amount of any notes and other obligations, any part of which is to be guaranteed, not to exceed [$20,000,000: Provided further, That the Department will notify grantees of their formula allocation within 60 days of enactment of this Act] $18,332,000. (Department of Housing and Urban Development Appropriations Act, 2012.)
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0313–0–1–604 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0010 | Indian Housing Block Grants | 654 | 716 | 645 |
0011 | Technical Assistance | 3 | 10 | |
0014 | Recovery Act | 3 | ||
0015 | National American Indian Housing Council | 4 | ||
|
|
|
||
0091 | Direct program activities, subtotal | 660 | 730 | 645 |
Credit program obligations: | ||||
0702 | Loan guarantee subsidy | 2 | 2 | 2 |
0707 | Reestimates of loan guarantee subsidy | 1 | ||
|
|
|
||
0791 | Direct program activities, subtotal | 3 | 2 | 2 |
|
|
|
||
0900 | Total new obligations (object class 41.0) | 663 | 732 | 647 |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 88 | 82 | |
1021 | Recoveries of prior year unpaid obligations | 7 | ||
|
|
|
||
1050 | Unobligated balance (total) | 95 | 82 | |
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 650 | 650 | 650 |
1120 | Appropriations transferred to other accts [86–0402] | –3 | ||
1130 | Appropriations permanently reduced | –1 | ||
|
|
|
||
1160 | Appropriation, discretionary (total) | 649 | 650 | 647 |
Appropriations, mandatory: | ||||
1200 | Appropriation | 1 | ||
|
|
|
||
1260 | Appropriations, mandatory (total) | 1 | ||
1900 | Budget authority (total) | 650 | 650 | 647 |
1930 | Total budgetary resources available | 745 | 732 | 647 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 82 | ||
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 1,369 | 1,171 | 1,195 |
3030 | Obligations incurred, unexpired accounts | 663 | 732 | 647 |
3040 | Outlays (gross) | –854 | –708 | –653 |
3080 | Recoveries of prior year unpaid obligations, unexpired | –7 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 1,171 | 1,195 | 1,189 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 1,171 | 1,195 | 1,189 |
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 649 | 650 | 647 |
Outlays, gross: | ||||
4010 | Outlays from new discretionary authority | 166 | 192 | 191 |
4011 | Outlays from discretionary balances | 687 | 516 | 462 |
|
|
|
||
4020 | Outlays, gross (total) | 853 | 708 | 653 |
Mandatory: | ||||
4090 | Budget authority, gross | 1 | ||
Outlays, gross: | ||||
4100 | Outlays from new mandatory authority | 1 | ||
4180 | Budget authority, net (total) | 650 | 650 | 647 |
4190 | Outlays, net (total) | 854 | 708 | 653 |
|
Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)
|
||||
Identification code 86–0313–0–1–604 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Guaranteed loan levels supportable by subsidy budget authority: | ||||
215001 | Title VI Indian Federal Guarantees Program | 20 | 20 | 18 |
|
|
|
||
215999 | Total loan guarantee levels | 20 | 20 | 18 |
Guaranteed loan subsidy (in percent): | ||||
232001 | Title VI Indian Federal Guarantees Program | 10.20 | 10.80 | 10.91 |
|
|
|
||
232999 | Weighted average subsidy rate | 10.20 | 10.80 | 10.91 |
Guaranteed loan subsidy budget authority: | ||||
233001 | Title VI Indian Federal Guarantees Program | 2 | 2 | 2 |
|
|
|
||
233999 | Total subsidy budget authority | 2 | 2 | 2 |
Guaranteed loan subsidy outlays: | ||||
234001 | Title VI Indian Federal Guarantees Program | 1 | 2 | 2 |
|
|
|
||
234999 | Total subsidy outlays | 1 | 2 | 2 |
Guaranteed loan upward reestimates: | ||||
235001 | Title VI Indian Federal Guarantees Program | 1 | ||
|
|
|
||
235999 | Total upward reestimate budget authority | 1 | ||
Guaranteed loan downward reestimates: | ||||
237001 | Title VI Indian Federal Guarantees Program | –3 | –3 | |
|
|
|
||
237999 | Total downward reestimate subsidy budget authority | –3 | –3 | |
|
Title I of the Native American Housing Assistance and Self-Determination Act (NAHASDA) of 1996 (P.L. 104–330) authorized the Native American Housing Block Grant program. This program provides an allocation of funds on a formula basis to Indian tribes and their tribally designated housing entities to help them address housing needs within their communities. HUD has estimated that in fiscal year 2011, out of a population of 1.5 million American Indians and Alaska Natives in block grant formula areas, over 100 thousand households were either overcrowded or lacked adequate plumbing or kitchen facilities. According to the Senate Committee on Indian Affairs, in 2002, 90,000 Indian families were homeless or underhoused. On tribal lands, 28 percent of Indian households were found to be overcrowded or to lack adequate plumbing and kitchen facilities, compared to 5.4 percent of national households.
The Budget includes $650 million for the total activities of this program in 2013, including $2 million of subsidy for the Title VI loan guarantee program, which will guarantee $18.3 million in loans to tribes. A primary goal of the Title VI program is to encourage private lenders to provide financing in Indian Country. The program provides for the Federal guarantee of notes or other obligations issued by Indian tribes or tribally designated housing entities for the purpose of financing affordable housing activities described in section 202 of the Act.
As required by the Federal Credit Reform Act of 1990, this account records, for this program, the subsidy costs associated with the loan guarantees committed in 1998 and beyond (including modifications of guarantees that resulted from obligations in any given year), as well as administrative expenses of this program. The subsidy amounts are estimated on a present value basis; the administrative expenses are estimated on a cash basis.
For the Native Hawaiian Housing Block Grant program, as authorized under title VIII of the Native American Housing Assistance and Self-Determination Act of 1996 (25 U.S.C. 4111 et seq.), $13,000,000, to remain available until [expended] September 30, 2017: Provided, That of this amount, $300,000 shall be for training and technical assistance activities, including up to $100,000 for related travel by Hawaii-based HUD employees. (Department of Housing and Urban Development Appropriations Act, 2012.)
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0235–0–1–604 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0001 | Native Hawaiian Housing Block Grant | 29 | 13 | 13 |
|
|
|
||
0900 | Total new obligations (object class 41.0) | 29 | 13 | 13 |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 16 | ||
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 13 | 13 | 13 |
|
|
|
||
1160 | Appropriation, discretionary (total) | 13 | 13 | 13 |
1930 | Total budgetary resources available | 29 | 13 | 13 |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 20 | 43 | 46 |
3030 | Obligations incurred, unexpired accounts | 29 | 13 | 13 |
3040 | Outlays (gross) | –6 | –10 | –12 |
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 43 | 46 | 47 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 43 | 46 | 47 |
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 13 | 13 | 13 |
Outlays, gross: | ||||
4010 | Outlays from new discretionary authority | 1 | 1 | |
4011 | Outlays from discretionary balances | 6 | 9 | 11 |
|
|
|
||
4020 | Outlays, gross (total) | 6 | 10 | 12 |
Offsets against gross budget authority and outlays: | ||||
Offsetting collections (collected) from: | ||||
4180 | Budget authority, net (total) | 13 | 13 | 13 |
4190 | Outlays, net (total) | 6 | 10 | 12 |
|
The Hawaiian Homelands Homeownership Act of 2000 (P.L. 106–568) amended the Native American Housing Assistance and Self-Determination Act of 1996 by adding Title VIII, which authorized the Native Hawaiian Housing Block Grant program. This program provides funds to assist and promote affordable housing activities to develop, maintain and operate affordable housing for eligible low-income Native Hawaiian families.
It authorizes annual grants to the Department of Hawaiian Home Lands (DHHL) for housing and housing-related assistance, pursuant to an annual housing plan, within the area in which DHHL is authorized to provide that assistance. DHHL uses performance measures and benchmarks that are based on the needs and priorities established in its five- and one-year housing plans. The Budget requests $13 million for this program.
The Low-Rent Public Housing Loan Fund provides direct Federal loans to fund remaining Public Housing Agency (PHA) and Indian Housing Authority (IHA) construction, acquisition, and modernization activities reserved under the Annual Contributions appropriation through 1986. These loans are made by borrowing from the Treasury. Under legislation enacted during 1986 (P.L. 99–272), amounts borrowed from the Treasury are forgiven at the end of each fiscal year and the loans to PHAs/IHAs are forgiven as construction, acquisition, and modernization activities are completed. Since 1987, new reservations of capital funds for construction, acquisition, and modernization activities have been provided directly from the Public Housing Capital Fund appropriations.
Balance Sheet (in millions of dollars)
|
|||
Identification code 86–4098–0–3–604 | 2010 actual | 2011 actual | |
|
|||
NET POSITION: | |||
3100 | Appropriated capital | 8 | |
3300 | Cumulative results of operations | –8 | |
|
|
||
3999 | Total net position | ||
|
|
||
4999 | Total liabilities and net position | ||
|
For the cost of guaranteed loans, as authorized by section 184 of the Housing and Community Development Act of 1992 (12 U.S.C. 1715z), [$6,000,000] $7,000,000, to remain available until expended: Provided, That such costs, including the costs of modifying such loans, shall be as defined in section 502 of the Congressional Budget Act of 1974: Provided further, That these funds are available to subsidize total loan principal, any part of which is to be guaranteed, up to [$360,000,000] $900,000,000, to remain available until expended: Provided further, That up to [$750,000] $1,000,000 of this amount may be used for administrative contract expenses including management processes and systems to carry out the loan guarantee program. (Department of Housing and Urban Development Appropriations Act, 2012.)
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0223–0–1–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
Credit program obligations: | ||||
0702 | Loan guarantee subsidy | 5 | 5 | 6 |
0707 | Reestimates of loan guarantee subsidy | 1 | 14 | |
0708 | Interest on reestimates of loan guarantee subsidy | 6 | ||
0709 | Administrative expenses | 1 | 1 | 1 |
|
|
|
||
0900 | Total new obligations | 7 | 26 | 7 |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 5 | 7 | 7 |
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 7 | 6 | 7 |
|
|
|
||
1160 | Appropriation, discretionary (total) | 7 | 6 | 7 |
Appropriations, mandatory: | ||||
1200 | Appropriation | 2 | 20 | |
|
|
|
||
1260 | Appropriations, mandatory (total) | 2 | 20 | |
1900 | Budget authority (total) | 9 | 26 | 7 |
1930 | Total budgetary resources available | 14 | 33 | 14 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 7 | 7 | 7 |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 2 | 2 | 1 |
3001 | Adjustments to unpaid obligations, brought forward, Oct 1 | –1 | ||
|
|
|
||
3020 | Obligated balance, start of year (net) | 2 | 1 | 1 |
3030 | Obligations incurred, unexpired accounts | 7 | 26 | 7 |
3040 | Outlays (gross) | –7 | –26 | –7 |
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 2 | 1 | 1 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 2 | 1 | 1 |
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 7 | 6 | 7 |
Outlays, gross: | ||||
4010 | Outlays from new discretionary authority | 3 | 5 | 6 |
4011 | Outlays from discretionary balances | 2 | 1 | 1 |
|
|
|
||
4020 | Outlays, gross (total) | 5 | 6 | 7 |
Mandatory: | ||||
4090 | Budget authority, gross | 2 | 20 | |
Outlays, gross: | ||||
4100 | Outlays from new mandatory authority | 2 | 20 | |
4180 | Budget authority, net (total) | 9 | 26 | 7 |
4190 | Outlays, net (total) | 7 | 26 | 7 |
|
Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)
|
||||
Identification code 86–0223–0–1–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Guaranteed loan levels supportable by subsidy budget authority: | ||||
215001 | Indian Housing Loan Guarantee | 577 | 360 | 900 |
|
|
|
||
215999 | Total loan guarantee levels | 577 | 360 | 900 |
Guaranteed loan subsidy (in percent): | ||||
232001 | Indian Housing Loan Guarantee | 0.83 | 1.46 | 0.83 |
|
|
|
||
232999 | Weighted average subsidy rate | 0.83 | 1.46 | 0.83 |
Guaranteed loan subsidy budget authority: | ||||
233001 | Indian Housing Loan Guarantee | 5 | 5 | 7 |
|
|
|
||
233999 | Total subsidy budget authority | 5 | 5 | 7 |
Guaranteed loan subsidy outlays: | ||||
234001 | Indian Housing Loan Guarantee | 5 | 6 | 7 |
|
|
|
||
234999 | Total subsidy outlays | 5 | 6 | 7 |
Guaranteed loan upward reestimates: | ||||
235001 | Indian Housing Loan Guarantee | 2 | 20 | |
|
|
|
||
235999 | Total upward reestimate budget authority | 2 | 20 | |
Guaranteed loan downward reestimates: | ||||
237001 | Indian Housing Loan Guarantee | –4 | –1 | |
|
|
|
||
237999 | Total downward reestimate subsidy budget authority | –4 | –1 | |
|
This program provides access to sources of private financing for Indian families, Indian tribes, and their tribally designated housing entities who otherwise could not acquire housing financing because of the unique legal status of Indian trust land. The Budget proposes $7 million to support additional loan guarantee activity and to provide managerial and systems support. The program has issued 15,006 loan guarantees totaling 2.32 billion since 1995, with 43 percent of the activity occurring in 2010 and 2011. Even through the national foreclosure crisis, the program has maintained a claims rate of less than one percent. In 2013, this program is projected to grow by 25 percent, representing almost 5,300 loans to American Indian borrowers. To support this increase in demand, the Budget proposes giving HUD increased flexibility to raise fees within this program to ensure the necessary resources are available. For 2013, HUD proposes using this authority to raise the upfront fee 50 basis points to 1.5 percent, allowing it to subsidize up to $900 million in Indian housing loans.
As required by the Federal Credit Reform Act of 1990, this account records, for this program, the subsidy costs associated with the loan guarantees committed in 1992 and beyond (including modifications of guarantees that resulted from obligations in any year). The subsidy amounts are estimated on a net present value basis. The administrative expenses are shown on a cash basis.
Object Classification (in millions of dollars)
|
||||
Identification code 86–0223–0–1–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Direct obligations: | ||||
25.2 | Other services from non-Federal sources | 1 | 1 | 1 |
41.0 | Grants, subsidies, and contributions | 6 | 25 | 6 |
|
|
|
||
99.9 | Total new obligations | 7 | 26 | 7 |
|
Program and Financing (in millions of dollars)
|
||||
Identification code 86–4104–0–3–604 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
Credit program obligations: | ||||
0711 | Default claim payments on principal | 17 | 17 | 14 |
0712 | Default claim payments on interest | 2 | 2 | |
0713 | Payment of interest to Treasury | 2 | 1 | 1 |
0742 | Downward reestimate paid to receipt account | 3 | 1 | |
|
|
|
||
0900 | Total new obligations | 22 | 21 | 17 |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 36 | 54 | 63 |
Financing authority: | ||||
Borrowing authority, mandatory: | ||||
1400 | Borrowing authority | 32 | 5 | |
|
|
|
||
1440 | Borrowing authority, mandatory (total) | 32 | 5 | |
Spending authority from offsetting collections, mandatory: | ||||
1800 | Collected | 19 | 31 | 12 |
1801 | Change in uncollected payments, Federal sources | –1 | –1 | |
1825 | Spending authority from offsetting collections applied to repay debt | –10 | –5 | |
|
|
|
||
1850 | Spending auth from offsetting collections, mand (total) | 8 | 25 | 12 |
1900 | Financing authority(total) | 40 | 30 | 12 |
1930 | Total budgetary resources available | 76 | 84 | 75 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 54 | 63 | 58 |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 1 | –1 | |
3001 | Adjustments to unpaid obligations, brought forward, Oct 1 | –2 | ||
3010 | Uncollected pymts, Fed sources, brought forward, Oct 1 | –2 | –1 | |
|
|
|
||
3020 | Obligated balance, start of year (net) | –2 | –2 | –1 |
3030 | Obligations incurred, unexpired accounts | 22 | 21 | 17 |
3040 | Financing disbursements (gross) | –21 | –21 | |
3050 | Change in uncollected pymts, Fed sources, unexpired | 1 | 1 | |
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 1 | –1 | 16 |
3091 | Uncollected pymts, Fed sources, end of year | –1 | ||
|
|
|
||
3100 | Obligated balance, end of year (net) | –1 | 16 | |
|
||||
Financing authority and disbursements, net: | ||||
Mandatory: | ||||
4090 | Financing authority, gross | 40 | 30 | 12 |
Financing disbursements: | ||||
4110 | Financing disbursements, gross | 21 | 21 | |
Offsets against gross financing authority and disbursements: | ||||
Offsetting collections (collected) from: | ||||
4120 | Federal sources: Payments from program account | –8 | –27 | –8 |
4122 | Interest on uninvested funds | –1 | –1 | –1 |
4123 | Non-Federal sources | –10 | –3 | –3 |
|
|
|
||
4130 | Offsets against gross financing auth and disbursements (total) | –19 | –31 | –12 |
Additional offsets against financing authority only (total): | ||||
4140 | Change in uncollected pymts, Fed sources, unexpired | 1 | 1 | |
|
|
|
||
4160 | Financing authority, net (mandatory) | 22 | ||
4170 | Financing disbursements, net (mandatory) | 2 | –10 | –12 |
4180 | Financing authority, net (total) | 22 | ||
4190 | Financing disbursements, net (total) | 2 | –10 | –12 |
|
Status of Guaranteed Loans (in millions of dollars)
|
||||
Identification code 86–4104–0–3–604 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Position with respect to appropriations act limitation on commitments: | ||||
2111 | Limitation on guaranteed loans made by private lenders | 752 | 360 | 900 |
2121 | Limitation available from carry-forward | 611 | 786 | 786 |
2143 | Uncommitted limitation carried forward | –786 | –786 | –786 |
|
|
|
||
2150 | Total guaranteed loan commitments | 577 | 360 | 900 |
2199 | Guaranteed amount of guaranteed loan commitments | 577 | 360 | 900 |
|
||||
Cumulative balance of guaranteed loans outstanding: | ||||
2210 | Outstanding, start of year | 1,708 | 2,189 | 2,490 |
2231 | Disbursements of new guaranteed loans | 549 | 360 | 900 |
2251 | Repayments and prepayments | –51 | –40 | –40 |
2263 | Adjustments: Terminations for default that result in claim payments | –17 | –19 | –16 |
|
|
|
||
2290 | Outstanding, end of year | 2,189 | 2,490 | 3,334 |
|
||||
Memorandum: | ||||
2299 | Guaranteed amount of guaranteed loans outstanding, end of year | 2,189 | 2,490 | 3,334 |
|
As required by the Federal Credit Reform Act of 1990, this non-budgetary account records all cash flows to and from the Government resulting from the loan guarantees committed in 1992 and beyond (including modifications of loan guarantees that resulted from obligations in any year). The amounts in this account are a means of financing and are not included in the budget totals. As required by the Federal Credit Reform Act of 1990, no administrative expenses can be recorded in the financing account.
Balance Sheet (in millions of dollars)
|
|||
Identification code 86–4104–0–3–604 | 2010 actual | 2011 actual | |
|
|||
ASSETS: | |||
1101 | Federal assets: Fund balances with Treasury | 34 | 34 |
|
|
||
1999 | Total assets | 34 | 34 |
LIABILITIES: | |||
2103 | Federal liabilities: Debt Payable to Treasury | 10 | 10 |
Non-Federal liabilities: | |||
2204 | Liabilities for loan guarantees | 4 | 4 |
2207 | Unearned revenues and advances | 20 | 20 |
|
|
||
2999 | Total liabilities | 34 | 34 |
|
|
||
4999 | Total upward reestimate subsidy BA [86–0223] | 34 | 34 |
|
For the cost of guaranteed loans, as authorized by section 184A of the Housing and Community Development Act of 1992 (12 U.S.C. 1715z) and for such costs for loans used for refinancing, [$386,000] $1,000,000, to remain available until expended: Provided, That such costs, including the costs of modifying such loans, shall be as defined in section 502 of the Congressional Budget Act of 1974: Provided further, That these funds are available to subsidize total loan principal, any part of which is to be guaranteed, [not to exceed $41,504,000] up to $107,000,000, to remain available until expended. (Department of Housing and Urban Development Appropriations Act, 2012.)
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0233–0–1–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
Credit program obligations: | ||||
0702 | Loan guarantee subsidy | 1 | 1 | |
|
|
|
||
0900 | Total new obligations (object class 41.0) | 1 | 1 | |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 4 | 5 | 4 |
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 1 | 1 | |
|
|
|
||
1160 | Appropriation, discretionary (total) | 1 | 1 | |
1930 | Total budgetary resources available | 5 | 5 | 5 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 5 | 4 | 4 |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 1 | –3 | 1 |
3001 | Adjustments to unpaid obligations, brought forward, Oct 1 | 3 | ||
|
|
|
||
3020 | Obligated balance, start of year (net) | 1 | 1 | |
3030 | Obligations incurred, unexpired accounts | 1 | 1 | |
3040 | Outlays (gross) | –4 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | –3 | 1 | 2 |
|
|
|
||
3100 | Obligated balance, end of year (net) | –3 | 1 | 2 |
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 1 | 1 | |
Outlays, gross: | ||||
4011 | Outlays from discretionary balances | 4 | ||
4180 | Budget authority, net (total) | 1 | 1 | |
4190 | Outlays, net (total) | 4 | ||
|
Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)
|
||||
Identification code 86–0233–0–1–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Guaranteed loan levels supportable by subsidy budget authority: | ||||
215001 | Native Hawaiian Housing Loan Guarantees | 42 | 33 | 38 |
|
|
|
||
215999 | Total loan guarantee levels | 42 | 33 | 38 |
Guaranteed loan subsidy (in percent): | ||||
232001 | Native Hawaiian Housing Loan Guarantees | 0.83 | 0.93 | 0.50 |
|
|
|
||
232999 | Weighted average subsidy rate | 0.83 | 0.93 | 0.50 |
Guaranteed loan subsidy budget authority: | ||||
233001 | Native Hawaiian Housing Loan Guarantees | 1 | 1 | |
|
|
|
||
233999 | Total subsidy budget authority | 1 | 1 | |
Guaranteed loan subsidy outlays: | ||||
234001 | Native Hawaiian Housing Loan Guarantees | 1 | ||
|
|
|
||
234999 | Total subsidy outlays | 1 | ||
Guaranteed loan downward reestimates: | ||||
237001 | Native Hawaiian Housing Loan Guarantees | –6 | ||
|
|
|
||
237999 | Total downward reestimate subsidy budget authority | –6 | ||
|
This program provides access to sources of private financing to eligible Native Hawaiian families who reside on the Hawaiian Home Lands and who otherwise could not acquire private financing because of the unique legal status of the Hawaiian Home Lands. The Budget provides $1 million in subsidy to support additional loan guarantee activity for Native Hawaiian homeownership.
As required by the Federal Credit Reform Act of 1990, this account records, for this program, the subsidy costs associated with the loan guarantees committed in 2001 and beyond (including modifications of guarantees that resulted from obligations in any year). The subsidy amounts are estimated on a net present value basis. The administrative expenses are shown on a cash basis.
Program and Financing (in millions of dollars)
|
||||
Identification code 86–4351–0–3–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0001 | Direct program activity | 1 | ||
Credit program obligations: | ||||
0743 | Interest on downward reestimates | 6 | ||
|
|
|
||
0900 | Total new obligations | 1 | 6 | |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 2 | 7 | 2 |
Financing authority: | ||||
Spending authority from offsetting collections, mandatory: | ||||
1800 | Collected | 7 | 1 | 1 |
1801 | Change in uncollected payments, Federal sources | –1 | ||
|
|
|
||
1850 | Spending auth from offsetting collections, mand (total) | 6 | 1 | 1 |
1930 | Total budgetary resources available | 8 | 8 | 3 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 7 | 2 | 3 |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 6 | ||
3010 | Uncollected pymts, Fed sources, brought forward, Oct 1 | –1 | ||
|
|
|
||
3020 | Obligated balance, start of year (net) | –1 | 6 | |
3030 | Obligations incurred, unexpired accounts | 1 | 6 | |
3040 | Financing disbursements (gross) | –1 | ||
3050 | Change in uncollected pymts, Fed sources, unexpired | 1 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 6 | 6 | |
|
|
|
||
3100 | Obligated balance, end of year (net) | 6 | 6 | |
|
||||
Financing authority and disbursements, net: | ||||
Mandatory: | ||||
4090 | Financing authority, gross | 6 | 1 | 1 |
Financing disbursements: | ||||
4110 | Financing disbursements, gross | 1 | ||
Offsets against gross financing authority and disbursements: | ||||
Offsetting collections (collected) from: | ||||
4120 | Federal sources: Payments from program account | –1 | –1 | –1 |
4122 | Interest on uninvested funds | –6 | ||
|
|
|
||
4130 | Offsets against gross financing auth and disbursements (total) | –7 | –1 | –1 |
Additional offsets against financing authority only (total): | ||||
4140 | Change in uncollected pymts, Fed sources, unexpired | 1 | ||
4170 | Financing disbursements, net (mandatory) | –6 | –1 | –1 |
4190 | Financing disbursements, net (total) | –6 | –1 | –1 |
|
Status of Guaranteed Loans (in millions of dollars)
|
||||
Identification code 86–4351–0–3–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Position with respect to appropriations act limitation on commitments: | ||||
2111 | Limitation on guaranteed loans made by private lenders | 42 | 33 | 38 |
2121 | Limitation available from carry-forward | 212 | 212 | 212 |
2143 | Uncommitted limitation carried forward | –212 | –212 | –212 |
|
|
|
||
2150 | Total guaranteed loan commitments | 42 | 33 | 38 |
2199 | Guaranteed amount of guaranteed loan commitments | 42 | 33 | 38 |
|
||||
Cumulative balance of guaranteed loans outstanding: | ||||
2210 | Outstanding, start of year | 101 | 119 | 142 |
2231 | Disbursements of new guaranteed loans | 21 | 26 | 30 |
2251 | Repayments and prepayments | –3 | –3 | –4 |
2263 | Adjustments: Terminations for default that result in claim payments | |||
|
|
|
||
2290 | Outstanding, end of year | 119 | 142 | 168 |
|
||||
Memorandum: | ||||
2299 | Guaranteed amount of guaranteed loans outstanding, end of year | 28 | 28 | 28 |
|
As required by the Federal Credit Reform Act of 1990, this non-budgetary account records all cash flows to and from the government resulting from the loan guarantees committed in 2001 and beyond (including modifications of loan guarantees that resulted from obligations in any year). The amounts in this account are a means of financing and are not included in the budget totals. As required by the Federal Credit Reform Act of 1990, no administrative expenses can be recorded in the financing account.
Balance Sheet (in millions of dollars)
|
|||
Identification code 86–4351–0–3–371 | 2010 actual | 2011 actual | |
|
|||
ASSETS: | |||
1101 | Federal assets: Fund balances with Treasury | 1 | 1 |
|
|
||
1999 | Total assets | 1 | 1 |
LIABILITIES: | |||
2204 | Non-Federal liabilities: Liabilities for loan guarantees | 1 | 1 |
|
|
||
4999 | Total upward reestimate subsidy BA [86–0233] | 1 | 1 |
|
Program and Financing (in millions of dollars)
|
||||
Identification code 86–4244–0–3–604 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
Credit program obligations: | ||||
0711 | Default claim payments on principal | 1 | 1 | |
0712 | Default claim payments on interest | 1 | 1 | |
0742 | Downward reestimate paid to receipt account | 2 | 2 | |
0743 | Interest on downward reestimates | 1 | 1 | |
|
|
|
||
0900 | Total new obligations | 3 | 5 | 2 |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 11 | 10 | 7 |
Financing authority: | ||||
Spending authority from offsetting collections, mandatory: | ||||
1800 | Collected | 2 | 2 | 2 |
|
|
|
||
1850 | Spending auth from offsetting collections, mand (total) | 2 | 2 | 2 |
1930 | Total budgetary resources available | 13 | 12 | 9 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 10 | 7 | 7 |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 1 | ||
3030 | Obligations incurred, unexpired accounts | 3 | 5 | 2 |
3040 | Financing disbursements (gross) | –3 | –4 | –3 |
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 1 | ||
|
|
|
||
3100 | Obligated balance, end of year (net) | 1 | ||
|
||||
Financing authority and disbursements, net: | ||||
Mandatory: | ||||
4090 | Financing authority, gross | 2 | 2 | 2 |
Financing disbursements: | ||||
4110 | Financing disbursements, gross | 3 | 4 | 3 |
Offsets against gross financing authority and disbursements: | ||||
Offsetting collections (collected) from: | ||||
4120 | Federal sources | –1 | –1 | –1 |
4122 | Interest on uninvested funds | –1 | –1 | –1 |
|
|
|
||
4130 | Offsets against gross financing auth and disbursements (total) | –2 | –2 | –2 |
4170 | Financing disbursements, net (mandatory) | 1 | 2 | 1 |
4190 | Financing disbursements, net (total) | 1 | 2 | 1 |
|
Status of Guaranteed Loans (in millions of dollars)
|
||||
Identification code 86–4244–0–3–604 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Position with respect to appropriations act limitation on commitments: | ||||
2111 | Limitation on guaranteed loans made by private lenders | 19 | 20 | 18 |
2121 | Limitation available from carry-forward | 53 | 52 | 52 |
2143 | Uncommitted limitation carried forward | –52 | –52 | –52 |
|
|
|
||
2150 | Total guaranteed loan commitments | 20 | 20 | 18 |
2199 | Guaranteed amount of guaranteed loan commitments | 19 | 20 | 18 |
|
||||
Cumulative balance of guaranteed loans outstanding: | ||||
2210 | Outstanding, start of year | 114 | 122 | 135 |
2231 | Disbursements of new guaranteed loans | 13 | 20 | 18 |
2251 | Repayments and prepayments | –5 | –5 | –5 |
2263 | Adjustments: Terminations for default that result in claim payments | –2 | –2 | |
|
|
|
||
2290 | Outstanding, end of year | 122 | 135 | 146 |
|
||||
Memorandum: | ||||
2299 | Guaranteed amount of guaranteed loans outstanding, end of year | 101 | 135 | 146 |
|
As required by the Federal Credit Reform Act of 1990, this non-budgetary account records all cash flows to and from the Government resulting from loan guarantees committed in 1992 and beyond (including modifications of loan guarantees that resulted from commitments in any year). The amounts in this account are a means of financing and are not included in the budget totals. As required by the Federal Credit Reform Act of 1990, no administrative expenses can be recorded in the financing account.
Balance Sheet (in millions of dollars)
|
|||
Identification code 86–4244–0–3–604 | 2010 actual | 2011 actual | |
|
|||
ASSETS: | |||
1101 | Federal assets: Fund balances with Treasury | 11 | 11 |
|
|
||
1999 | Total assets | 11 | 11 |
LIABILITIES: | |||
2204 | Non-Federal liabilities: Liabilities for loan guarantees | 11 | 11 |
|
|
||
4999 | Total liabilities and net position | 11 | 11 |
|
For carrying out the Housing Opportunities for Persons with AIDS program, as authorized by the AIDS Housing Opportunity Act (42 U.S.C. 12901 et seq.), [$332,000,000] $330,000,000, to remain available until September 30, [2013] 2014, except that amounts allocated pursuant to section 854(c)(3) of such Act shall remain available until September 30, [2014] 2015: Provided, That the Secretary shall renew all expiring contracts for permanent supportive housing that were funded under section 854(c)(3) of such Act that meet all program requirements before awarding funds for new contracts and activities authorized under this section[: Provided further, That the Department shall notify grantees of their formula allocation within 60 days of enactment of this Act]. (Department of Housing and Urban Development Appropriations Act, 2012.)
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0308–0–1–604 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0001 | HOPWA Formula Grants | 289 | 299 | 295 |
0002 | HOPWA Competitive Grants | 63 | 33 | 33 |
|
|
|
||
0900 | Total new obligations (object class 41.0) | 352 | 332 | 328 |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 111 | 90 | 90 |
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 335 | 332 | 330 |
1120 | Appropriations transferred to other accts [86–0402] | –3 | –2 | |
1130 | Appropriations permanently reduced | –1 | ||
|
|
|
||
1160 | Appropriation, discretionary (total) | 331 | 332 | 328 |
1930 | Total budgetary resources available | 442 | 422 | 418 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 90 | 90 | 90 |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 453 | 469 | 485 |
3030 | Obligations incurred, unexpired accounts | 352 | 332 | 328 |
3040 | Outlays (gross) | –336 | –316 | –331 |
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 469 | 485 | 482 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 469 | 485 | 482 |
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 331 | 332 | 328 |
Outlays, gross: | ||||
4010 | Outlays from new discretionary authority | 2 | 3 | 3 |
4011 | Outlays from discretionary balances | 334 | 313 | 328 |
|
|
|
||
4020 | Outlays, gross (total) | 336 | 316 | 331 |
4180 | Budget authority, net (total) | 331 | 332 | 328 |
4190 | Outlays, net (total) | 336 | 316 | 331 |
|
The Housing Opportunities for Persons with AIDS (HOPWA) program is the only Federal program dedicated to address the urgent housing needs of low-income Americans living with HIV and AIDS. HOPWA funding provides States and localities with resources and incentives to devise long-term comprehensive strategies for planning and providing housing and supportive services to meet the complex, multiple needs of persons living with HIV and AIDS and their families. HOPWA funds have been demonstrated to help reduce the risk of homelessness, increase housing stability, and improve access to HIV care and health outcomes for program participants.
Ninety percent of HOPWA funds are distributed to States and eligible metropolitan areas according to a formula, which is based on the number of AIDS cases in the jurisdiction. The remaining ten percent is awarded competitively to States, local governments, and private nonprofit entities for projects of national significance and for projects in non-formula areas. However, the HOPWA formula does not reflect the current nature and distribution of the epidemic. To modernize the HOPWA program, the Administration is proposing an updated formula based on living cases of HIV and adjusted for an area's fair market rent and poverty rates, focusing HOPWA funds on areas that have the most need. The proposal will also include several changes that will allow better targeting of HOPWA resources and more flexibility for grantees to provide the most cost-effective, timely interventions. These changes, which will be proposed in separate legislation, will improve the nation's response to the specialized housing needs of HIV/AIDS patients and will further the Administration's National HIV/AIDS Strategy.
The Budget provides $330 million for this program in 2013 which will support housing stability among this vulnerable population.
For assistance to units of State and local government, and to other entities, for economic and community development activities, and for other purposes, [$3,308,090,000] $3,143,090,000, to remain available until September 30, [2014] 2015, unless otherwise specified: Provided, That of the total amount provided, [not less than] $2,948,090,000 is for carrying out the community development block grant program under title I of the Housing and Community Development Act of 1974, as amended (the "Act'' herein) (42 U.S.C. 5301 et seq.): Provided further, That unless explicitly provided for under this heading, not to exceed 20 percent of any grant made with funds appropriated under this heading shall be expended for planning and management development and administration: Provided further, That $60,000,000 shall be for grants to Indian tribes notwithstanding section 106(a)(1) of such Act, of which, notwithstanding any other provision of law (including section 204 of this Act), up to $3,960,000 may be used for emergencies that constitute imminent threats to health and safety[: Provided further, That none of the funds made available under this heading may be used for grants for the Economic Development Initiative ("EDI'') or Neighborhood Initiatives activities, Rural Innovation Fund, or for grants pursuant to section 107 of the Housing and Community Development Act of 1974 (42 U.S.C. 5307): Provided further, That the Department shall notify grantees of their formula allocation within 60 days of enactment of this Act].
Of the amounts made available under this heading, $100,000,000 shall be made available for a Sustainable Housing and Communities Initiative to improve planning efforts that integrate housing and transportation decisions, and increase the capacity to align economic development, infrastructure planning and land use practices: Provided, That $46,000,000 shall be for Regional Integrated Planning Grants to support the linking of transportation and land use planning: Provided further, That $46,000,000 shall be for Community Challenge Planning Grants to foster reform and reduce barriers to achieve affordable, economically vital, and sustainable communities: Provided further, That the Secretary will consult with the Secretary of Transportation in evaluating grant proposals awarded under this paragraph: Provided further, That $8,000,000 shall be for a joint Department of Housing and Urban Development and Department of Transportation research effort that shall include a rigorous evaluation of the Regional Integrated Planning Grants and Community Challenge Planning Grants programs, as well as to provide funding for a clearinghouse and capacity building efforts: Provided further, That of the amount provided in the previous proviso, up to $3,000,000 is available to develop an energy modeling tool for the Department and provide additional technical support to achieve energy efficiency and green building goals in the HUD-assisted portfolio.
Of the amounts made available under this heading, $35,000,000 shall be made available for the second, third, and fourth capacity building activities authorized under section 4(a) of the HUD Demonstration Act of 1993 (42 USC 9816 note), of which not less than $5,000,000 may be made available for rural capacity building activities. (Department of Housing and Urban Development Appropriations Act, 2012.)
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0162–0–1–451 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0001 | Community Development Formula Grants | 3,210 | 3,673 | 2,932 |
0003 | Indian Tribes | 131 | 60 | 60 |
0004 | Special Purpose Grants | 2 | 1 | |
0007 | Economic Development Initiative Grants | 172 | 7 | |
0008 | Neighborhood Initiative Demonstration | 20 | 2 | |
0010 | Disaster Assistance | 715 | 501 | 100 |
0013 | Sustainable Communities | 147 | 100 | 100 |
0014 | Rural Fund | 23 | 2 | |
0015 | University Fund | 4 | ||
0016 | Administration, Operations, and Management | 1 | 2 | |
0017 | Capacity Building | 35 | ||
|
|
|
||
0900 | Total new obligations (object class 41.0) | 4,425 | 4,348 | 3,227 |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 2,000 | 1,040 | 100 |
1021 | Recoveries of prior year unpaid obligations | 1 | ||
|
|
|
||
1050 | Unobligated balance (total) | 2,001 | 1,040 | 100 |
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 3,508 | 3,408 | 3,143 |
1120 | Transferred to other accounts [86–0402] | –35 | –16 | |
1130 | Appropriations permanently reduced | –7 | ||
|
|
|
||
1160 | Appropriation, discretionary (total) | 3,466 | 3,408 | 3,127 |
1930 | Total budgetary resources available | 5,467 | 4,448 | 3,227 |
Memorandum (non-add) entries: | ||||
1940 | Unobligated balance expiring | –2 | ||
1941 | Unexpired unobligated balance, end of year | 1,040 | 100 | |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 20,763 | 18,135 | 14,537 |
3030 | Obligations incurred, unexpired accounts | 4,425 | 4,348 | 3,227 |
3040 | Outlays (gross) | –7,037 | –7,946 | –5,704 |
3080 | Recoveries of prior year unpaid obligations, unexpired | –1 | ||
3081 | Recoveries of prior year unpaid obligations, expired | –15 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 18,135 | 14,537 | 12,060 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 18,135 | 14,537 | 12,060 |
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 3,466 | 3,408 | 3,127 |
Outlays, gross: | ||||
4010 | Outlays from new discretionary authority | 14 | 42 | 31 |
4011 | Outlays from discretionary balances | 7,023 | 7,904 | 5,673 |
|
|
|
||
4020 | Outlays, gross (total) | 7,037 | 7,946 | 5,704 |
4180 | Budget authority, net (total) | 3,466 | 3,408 | 3,127 |
4190 | Outlays, net (total) | 7,037 | 7,946 | 5,704 |
|
The Community Development Fund account includes the Community Development Block Grant (CDBG), Sustainable Communities Initiative, and the Capacity Building program. This account also includes funding for the Indian Community Development Program.
In 2013, the Administration will continue to improve coordination and integration between community and economic development programs administered by the Department of Housing and Urban Development (HUD). Activities funded by the Sustainable Communities Initiative and the Capacity Building program will better align and reinforce community-based efforts in partnership and concert with CDBG formula grantees to achieve similar community development goals.
The Budget funds the CDBG formula grant program at $2.9 billion to assist State and local governments address local priorities and needs. The CDBG program provides over 1,200 flexible annual formula grants to States, local governments, and Insular Areas to benefit mainly low- to moderate-income persons. The funding is used for a wide range of community and economic development activities, such as public infrastructure improvements, housing rehabilitation and construction, job creation and retention, and public services (e.g., child care). Seventy percent of the CDBG formula grants are distributed to mainly urban areas (entitlement communities), and 30 percent is distributed to the States (non-entitlement communities). Preserving this funding level reflects the Administration's commitment to assist State and local governments during challenging fiscal conditions. The Administration will work with State and local governments to better leverage CDBG formula funds to make progress on projects focused on economic growth. For example, the Administration will work with grantees to complement CDBG formula funds with other Federal investments, such as Sustainable Communities, Capacity Building, and Neighborhood Revitalization initiatives to help stabilize and revitalize local economies.
The Budget requests $100 million for the Sustainable Communities Initiative. In partnership with the Department of Transportation (DOT) and the Environmental Protection Agency (EPA), the Sustainable Communities Initiative aims to expand job opportunities and improve the quality of life for families by providing incentives to regions and communities to innovate and develop comprehensive housing and transportation plans that result in sustainable development, reduced greenhouse gases and increased transit-accessible housing. The Budget provides $46 million each for Sustainable Regional Planning Grants and Community Challenge Grants to support regional and local planning efforts that further the goals of the initiative. This initiative complements DOT's funding to strengthen state and local infrastructure capacity and EPA's technical assistance.
The 2013 Budget also includes $35 million for the Capacity Building program, which is authorized by Section 4 of the HUD Demonstration Act of 1993. The Capacity Building program provides grants to national intermediaries to develop, enhance, and strengthen the technical and administrative capabilities of community development corporations to carry out community development and affordable housing activities for low- and moderate-income persons that support and address local needs and priorities. The program requires grantees to provide a required match of three dollars from private sources.
The Indian Community Development program continues to be funded at $60 million. This program provides eligible grantees with direct grants for use in developing viable Indian and Alaska Native Communities, including decent housing, a suitable living environment, and economic opportunities, primarily for low- and moderate-income persons.
This account also reflects prior year CDBG disaster supplemental spending, the 2009 American Recovery and Reinvestment Act funding of $1 billion in CDBG formula grants, and $2 billion for Neighborhood Stabilization Program (NSP) II competitive grants. The NSP grants are for emergency assistance for the redevelopment of abandoned and foreclosed homes. Both the $3.92 billion NSP funding from the Housing and Economic Recovery Act of 2008 and the $1 billion from the Dodd-Frank Wall Street Financial Reform and Consumer Protection Act are mandatory appropriations and are reflected in a separate account.
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0315–0–1–451 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 1 | 1 | 1 |
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 1 | 1 | 1 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 1 | 1 | 1 |
|
No new appropriation is requested for the Empowerment Zone (EZ) and Renewal Community (RC) programs in the 2013 Budget. The tax incentives for RCs expired on December 31, 2009, while EZ tax incentives expired December 31, 2011. The President's Budget proposes to extend the EZ tax incentives through December 2013.
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0314–0–1–451 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0001 | Cleanup and develop contaminated sites | 13 | ||
|
|
|
||
0900 | Total new obligations (object class 41.0) | 13 | ||
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 17 | ||
1930 | Total budgetary resources available | 17 | ||
Memorandum (non-add) entries: | ||||
1940 | Unobligated balance expiring | –4 | ||
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 55 | 52 | 43 |
3030 | Obligations incurred, unexpired accounts | 13 | ||
3040 | Outlays (gross) | –10 | –9 | –11 |
3081 | Recoveries of prior year unpaid obligations, expired | –6 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 52 | 43 | 32 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 52 | 43 | 32 |
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
Outlays, gross: | ||||
4011 | Outlays from discretionary balances | 10 | 9 | 11 |
4190 | Outlays, net (total) | 10 | 9 | 11 |
|
The 2013 Budget requests no funding for the Brownfields Economic Development Initiative (BEDI) program. BEDI is a competitive grant program designed to assist cities with the redevelopment of brownfield sites for the purposes of economic development and job creation. Brownfields are abandoned, idled, and underused industrial and commercial facilities and land where expansion and redevelopment is burdened by real or potential environmental contamination. The program is relatively small and local governments have access to other public and private funds, including the larger Community Development Block Grant (CDBG), which can serve similar purposes.
For the HOME investment partnerships program, as authorized under title II of the Cranston-Gonzalez National Affordable Housing Act, as amended, $1,000,000,000, to remain available until September 30, [2014] 2015: Provided, That notwithstanding the amount made available under this heading, the threshold reduction requirements in sections 216(10) and 217(b)(4) of such Act shall not apply to allocation of such amount[: Provided further, That funds made available under this heading used for projects not completed within 4 years of the commitment date, as determined by a signature of each party to the agreement shall be repaid: Provided further, That the Secretary may extend the deadline for 1 year if the Secretary determines that the failure to complete the project is beyond the control of the participating jurisdiction: Provided further, That no funds provided under this heading may be committed to any project included as part of a participating jurisdiction's plan under section 105(b), unless each participating jurisdiction certifies that it has conducted an underwriting review, assessed developer capacity and fiscal soundness, and examined neighborhood market conditions to ensure adequate need for each project: Provided further, That any homeownership units funded under this heading which cannot be sold to an eligible homeowner within 6 months of project completion shall be rented to an eligible tenant: Provided further, That no funds provided under this heading may be awarded for development activities to a community housing development organization that cannot demonstrate that it has staff with demonstrated development experience: Provided further, That funds provided in prior appropriations Acts for technical assistance, that were made available for Community Housing Development Organizations technical assistance, and that still remain available, may be used for HOME technical assistance notwithstanding the purposes for which such amounts were appropriated: Provided further, That the Department shall notify grantees of their formula allocation within 60 days of enactment of this Act]. (Department of Housing and Urban Development Appropriations Act, 2012.)
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0205–0–1–604 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0001 | HOME Investment Program | 1,484 | 1,220 | 996 |
0002 | Technical Assistance | 1 | 2 | |
0004 | Tax Credit Assistance Program | 10 | ||
|
|
|
||
0900 | Total new obligations (object class 41.0) | 1,495 | 1,222 | 996 |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 260 | 355 | 133 |
1021 | Recoveries of prior year unpaid obligations | 5 | ||
1029 | Other balances withdrawn | –6 | ||
|
|
|
||
1050 | Unobligated balance (total) | 259 | 355 | 133 |
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 1,610 | 1,000 | 1,000 |
1120 | Transferred to other accounts [86–0402] | –16 | –5 | |
1130 | Appropriations permanently reduced | –3 | ||
|
|
|
||
1160 | Appropriation, discretionary (total) | 1,591 | 1,000 | 995 |
1930 | Total budgetary resources available | 1,850 | 1,355 | 1,128 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 355 | 133 | 132 |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 6,300 | 4,932 | 4,223 |
3030 | Obligations incurred, unexpired accounts | 1,495 | 1,222 | 996 |
3040 | Outlays (gross) | –2,853 | –1,931 | –1,611 |
3080 | Recoveries of prior year unpaid obligations, unexpired | –5 | ||
3081 | Recoveries of prior year unpaid obligations, expired | –5 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 4,932 | 4,223 | 3,608 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 4,932 | 4,223 | 3,608 |
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 1,591 | 1,000 | 995 |
Outlays, gross: | ||||
4010 | Outlays from new discretionary authority | 5 | 10 | 10 |
4011 | Outlays from discretionary balances | 2,848 | 1,921 | 1,601 |
|
|
|
||
4020 | Outlays, gross (total) | 2,853 | 1,931 | 1,611 |
4180 | Budget authority, net (total) | 1,591 | 1,000 | 995 |
4190 | Outlays, net (total) | 2,853 | 1,931 | 1,611 |
|
The HOME Investment Partnerships Program is authorized by the National Affordable Housing Act (P.L. 101–625), as amended. This program provides flexible annual formula grant assistance to States and units of local government to increase the supply of affordable housing and expand homeownership for low- to very-low income persons. Sixty percent of the formula grant funds is awarded to participating local governments and 40 percent is awarded to states. These communities often use the funds in partnership with local non-profit organizations to fund a wide range of activities that build, buy, and/or rehabilitate affordable housing for rent or homeownership or provide direct rental assistance to low-income people. Projects funded by HOME often leverage private dollars and are used in conjunction with the Low-Income Housing Tax Credit (LIHTC), Community Development Block Grant, and local funds. For example, 53 percent of almost 150,000 completed HOME assisted rental units were part of awarded LIHTC projects from 2007–2011. The Budget requests $1 billion for the HOME Investment Partnerships Program and does not provide separate funding for the Self-Help Homeownership Opportunity Program (SHOP), as all SHOP activities are eligible under the HOME program.
Over time, the funding provided in the 2013 Budget is estimated to result in the production of almost 43,387 units of affordable housing through new construction, rehabilitation, and/or acquisition. It is also estimated that communities will use a portion of their funding to support tenant-based rental assistance for over 10,550 units.
The 2013 Budget also proposes statutory changes that would allow recaptured Community Housing Development Organization funds to be reallocated by formula, and facilitate eviction of HOME rental unit tenants who pose an imminent threat.
This account also reflects a $2.25 billion special allocation of HOME funds provided under the American Recovery and Reinvestment Act of 2009 (P.L. 111–5), called the Tax Credit Assistance Program (TCAP). By the end of 2013, TCAP is expected to have accelerated the production and preservation of over 60,000 units of affordable housing that received an award of Low-Income Housing Tax Credits. 17,763 TCAP units have already been completed, with a projected estimate of 40,000 completed units by the end of 2012.
Program and Financing (in millions of dollars)
|
||||
Identification code 86–5553–4–2–604 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0001 | Direct program activity | 1,000 | ||
|
|
|
||
0900 | Total new obligations (object class 41.0) | 1,000 | ||
|
||||
Budgetary Resources: | ||||
Budget authority: | ||||
Appropriations, mandatory: | ||||
1200 | Appropriation | 1,000 | ||
|
|
|
||
1260 | Appropriations, mandatory (total) | 1,000 | ||
1930 | Total budgetary resources available | 1,000 | ||
|
||||
Change in obligated balance: | ||||
3030 | Obligations incurred, unexpired accounts | 1,000 | ||
3040 | Outlays (gross) | –10 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 990 | ||
|
|
|
||
3100 | Obligated balance, end of year (net) | 990 | ||
|
||||
Budget authority and outlays, net: | ||||
Mandatory: | ||||
4090 | Budget authority, gross | 1,000 | ||
Outlays, gross: | ||||
4100 | Outlays from new mandatory authority | 10 | ||
4180 | Budget authority, net (total) | 1,000 | ||
4190 | Outlays, net (total) | 10 | ||
|
The Housing Trust Fund was originally authorized in the Housing and Economic Recovery Act of 2008 (Pub. L. 110–289) under section 1338 of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (12 U.S.C. 1301 et seq.) with a dedicated funding stream from assessments on Fannie Mae and Freddie Mac. However, the Federal Housing Finance Agency has indefinitely suspended these assessments. The Budget proposes to fund the Housing Trust Fund through legislation directing $1 billion to capitalize the fund.
The purpose of the Housing Trust Fund is to provide grants to States to increase and preserve the supply of affordable rental housing and homeownership opportunities for extremely low- and very low-income families, and help address the growing shortage of affordable housing for these families. This program is similar to HOME, but is more income-targeted. The funding will be distributed by formula to States or State-designated entities that will target resources to areas with substantial needs. The funding will be used for production, preservation, and rehabilitation of affordable rental housing and for production, preservation, and rehabilitation of housing for homeownership (limited to 10 percent of the funding). Of the total amounts made available, not less than 75 percent shall be used to benefit extremely low-income households, for whom the shortage of affordable housing is most acute. Over time, the funding provided for the Housing Trust Fund in 2013 is expected to produce approximately 36,000 affordable units.
[For the Self-Help and Assisted Homeownership Opportunity Program, as authorized under section 11 of the Housing Opportunity Program Extension Act of 1996, as amended, $53,500,000, to remain available until September 30, 2014: Provided, That of the total amount provided under this heading, $13,500,000 shall be made available to the Self-Help and Assisted Homeownership Opportunity Program as authorized under section 11 of the Housing Opportunity Program Extension Act of 1996, as amended: Provided further, That $35,000,000 shall be made available for the second, third and fourth capacity building activities authorized under section 4(a) of the HUD Demonstration Act of 1993 (42 U.S.C. 9816 note), of which not less than $5,000,000 may be made available for rural capacity-building activities: Provided further, That $5,000,000 shall be made available for capacity-building activities for national organizations with expertise in rural housing, including experience working with rural housing organizations, local governments, and Indian tribes.] (Department of Housing and Urban Development Appropriations Act, 2012.)
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0176–0–1–604 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0001 | Self Help Housing Opportunity Program | 27 | 14 | |
0002 | Capacity Building | 99 | 35 | |
0003 | Housing Assistance Council | 5 | ||
0004 | Capacity Building for Rural Housing | 5 | ||
|
|
|
||
0900 | Total new obligations (object class 41.0) | 131 | 54 | |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 76 | 26 | 26 |
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 82 | 54 | |
1120 | Transferred to other accounts [86–0402] | –1 | ||
|
|
|
||
1160 | Appropriation, discretionary (total) | 81 | 54 | |
1930 | Total budgetary resources available | 157 | 80 | 26 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 26 | 26 | 26 |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 111 | 188 | 171 |
3030 | Obligations incurred, unexpired accounts | 131 | 54 | |
3040 | Outlays (gross) | –54 | –71 | –76 |
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 188 | 171 | 95 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 188 | 171 | 95 |
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 81 | 54 | |
Outlays, gross: | ||||
4011 | Outlays from discretionary balances | 54 | 71 | 76 |
4180 | Budget authority, net (total) | 81 | 54 | |
4190 | Outlays, net (total) | 54 | 71 | 76 |
|
The 2013 Budget requests no appropriations for the Self-Help and Assisted Homeownership Opportunity Program (SHOP). Activities under the Capacity Building for Community Development and Affordable Housing Program are requested separately under the Community Development Fund account.
SHOP is authorized by Section 11 of the Housing Opportunity Program Extension Act of 1996, and provides funds to increase the ability of non-profit organizations to leverage funds from other sources to assist low-income homebuyers willing to contribute "sweat equity" toward the construction of their houses. The Administration plans to encourage State and local government grantees of the larger HOME Investment Partnerships Program to fund SHOP projects, as the HOME statute includes the same eligible activities.
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0344–0–1–451 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0001 | Neighborhood Stabilization Program | 969 | 21 | |
|
|
|
||
0900 | Total new obligations (object class 41.0) | 969 | 21 | |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 31 | ||
1010 | Unobligated balance transfer to other accts [86–0338] | –5 | ||
1010 | Unobligated balance transfer to other accts [86–4586] | –5 | ||
|
|
|
||
1050 | Unobligated balance (total) | 21 | ||
Budget authority: | ||||
Appropriations, mandatory: | ||||
1200 | Appropriation | 1,000 | ||
|
|
|
||
1260 | Appropriations, mandatory (total) | 1,000 | ||
1930 | Total budgetary resources available | 1,000 | 21 | |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 31 | ||
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 2,245 | 2,091 | 1,099 |
3030 | Obligations incurred, unexpired accounts | 969 | 21 | |
3040 | Outlays (gross) | –1,123 | –1,013 | –898 |
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 2,091 | 1,099 | 201 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 2,091 | 1,099 | 201 |
|
||||
Budget authority and outlays, net: | ||||
Mandatory: | ||||
4090 | Budget authority, gross | 1,000 | ||
Outlays, gross: | ||||
4100 | Outlays from new mandatory authority | 22 | ||
4101 | Outlays from mandatory balances | 1,101 | 1,013 | 898 |
|
|
|
||
4110 | Outlays, gross (total) | 1,123 | 1,013 | 898 |
4180 | Budget authority, net (total) | 1,000 | ||
4190 | Outlays, net (total) | 1,123 | 1,013 | 898 |
|
Summary of Budget Authority and Outlays (in millions of dollars)
|
||||
2011 actual | 2012 est. | 2013 est. | ||
|
||||
Enacted/requested: | ||||
Budget Authority | 1,000 | |||
Outlays | 1,123 | 1,013 | 898 | |
Legislative proposal, subject to PAYGO: | ||||
Budget Authority | 15,000 | |||
Outlays | 50 | 4,650 | ||
Total: | ||||
Budget Authority | 1,000 | 15,000 | ||
Outlays | 1,123 | 1,063 | 5,548 | |
|
The Neighborhood Stabilization Program (NSP) was 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. To determine the areas with the greatest need, the allocation formula had to be based on home foreclosures, subprime loans, and mortgage defaults or delinquencies. Grantees may 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. NSP grantees must use at least 25 percent of the funds appropriated for the purchase and redevelopment of abandoned or foreclosed residential properties that will be used to house individuals or families whose incomes do not exceed 50 percent of the area median income. In addition, all activities funded by NSP must benefit low- and moderate-income persons whose income does not exceed 120 percent of area median income.
In September 2008, HUD announced direct NSP allocations to 309 jurisdictions, including all 50 states, Puerto Rico and the Insular Areas. Pursuant to HERA, grantees had 18 months from the date funds were made available to obligate the funds. By September 30, 2010, grantees obligated 99.7 percent of their funds. As of January 2012, grantees had expended more than 83 percent of this first round of NSP funding (NSP1).
The American Recovery and Reinvestment Act of 2009 (ARRA) made several changes to the NSP program as enacted by HERA and appropriated an additional $2 billion in funding for the NSP program. The ARRA funding for the second round of NSP funding (NSP2) is reflected within the Community Development Fund account. In January 2010, HUD announced 56 awards under the NSP2 program and all funds were obligated on February 11, 2010. NSP2 grantees have until February 11, 2012, to expend 50 percent of their grant funds and must expend 100 percent by February 11, 2013. As of January 2012, grantees had expended more than 45 percent of NSP2 funding.
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. The Department announced a formula allocation of these funds to 283 entities consisting of State and local governments in September 2010. Grantees submitted their plans for using the NSP3 funds by March 2011 and, from the date HUD made the funds available, grantees will have two years to expend 50 percent of the grant and three years to expend 100 percent.
As part of the American Jobs Act announced by President Obama on September 8, 2011, the Administration is proposing $15 billion for Project Rebuild which would build upon the success of the Neighborhood Stabilization Program and expand opportunities for grantees to address abandoned and foreclosed commercial properties for redevelopment purposes. Of the requested $15 billion for Project Rebuild, $10 billion is for a formula allocation to State and local governments while $5 billion is reserved for competitive distribution to governmental entities as well as non-profit and for-profit entities.
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0344–4–1–451 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0002 | Project Rebuild | 15,000 | ||
|
|
|
||
0900 | Total new obligations (object class 41.0) | 15,000 | ||
|
||||
Budgetary Resources: | ||||
Budget authority: | ||||
Appropriations, mandatory: | ||||
1200 | Appropriation | 15,000 | ||
|
|
|
||
1260 | Appropriations, mandatory (total) | 15,000 | ||
1930 | Total budgetary resources available | 15,000 | ||
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 14,950 | ||
3030 | Obligations incurred, unexpired accounts | 15,000 | ||
3040 | Outlays (gross) | –50 | –4,650 | |
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 14,950 | 10,300 | |
|
|
|
||
3100 | Obligated balance, end of year (net) | 14,950 | 10,300 | |
|
||||
Budget authority and outlays, net: | ||||
Mandatory: | ||||
4090 | Budget authority, gross | 15,000 | ||
Outlays, gross: | ||||
4100 | Outlays from new mandatory authority | 50 | ||
4101 | Outlays from mandatory balances | 4,650 | ||
|
|
|
||
4110 | Outlays, gross (total) | 50 | 4,650 | |
4180 | Budget authority, net (total) | 15,000 | ||
4190 | Outlays, net (total) | 50 | 4,650 | |
|
For the emergency solutions grants program as authorized under subtitle B of title IV of the McKinney-Vento Homeless Assistance Act, as amended; the continuum of care program as authorized under subtitle C of title IV of such Act; and the rural housing stability assistance program as authorized under subtitle D of title IV of such Act, [$1,901,190,000] $2,231,000,000, of which [$1,896,190,000] $2,226,000,000 shall remain available until September 30, [2014] 2015, and of which $5,000,000 shall remain available until expended for project-based rental assistance with rehabilitation projects with 10-year grant terms and any rental assistance amounts that are recaptured under such continuum of care program shall remain available until expended: Provided, That not less than [$250,000,000] $286,000,000 of the funds appropriated under this heading shall be available for such emergency solutions grants program: Provided further, That not less than [$1,593,000,000] $1,937,000,000 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] $8,000,000 of the funds appropriated under this heading shall be available for the national homeless data analysis project: Provided further, That all funds awarded for supportive services under the continuum of care program and the rural housing stability assistance program shall be matched by not less than 25 percent in cash or in kind by each grantee: Provided further, That for all match requirements applicable to funds made available under this heading for this fiscal year and prior years, a grantee may use (or could have used) as a source of match funds other funds administered by the Secretary and other Federal agencies unless there is (or was) a specific statutory prohibition on any such use of any such funds: Provided further, That the Secretary shall renew on an annual basis expiring contracts or amendments to contracts funded under the continuum of care program if the program is determined to be needed under the applicable continuum of care and meets appropriate program requirements and financial standards, as determined by the Secretary: Provided further, That all awards of assistance under this heading shall be required to coordinate and integrate homeless programs with other mainstream health, social services, and employment programs for which homeless populations may be eligible, including Medicaid, State Children's Health Insurance Program, Temporary Assistance for Needy Families, Food Stamps, and services funding through the Mental Health and Substance Abuse Block Grant, Workforce Investment Act, and the Welfare-to-Work grant program: 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 [2012: Provided further, That the Department shall notify grantees of their formula allocation from amounts allocated (which may represent initial or final amounts allocated) for the emergency solutions grant program within 60 days of enactment of this Act] 2013. (Department of Housing and Urban Development Appropriations Act, 2012.)
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0192–0–1–604 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0001 | Homeless Assistance Grants | 1,758 | ||
0002 | National Homeless Data Analysis Project | 6 | 6 | 6 |
0003 | Technical Assistance | 13 | 7 | |
0005 | Section 8 Moderate Rehabilitation SRO | 5 | ||
0008 | Homeless Veterans Demonstration | 11 | ||
0009 | Continuum of Care (SPC, SHP, Rural) | 1,835 | 1,480 | |
0010 | Emergency Solutions Grants - Formula | 93 | 302 | 179 |
0011 | Homeless Research | 2 | ||
|
|
|
||
0900 | Total new obligations (object class 41.0) | 1,888 | 2,150 | 1,665 |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 2,172 | 2,191 | 1,967 |
1021 | Recoveries of prior year unpaid obligations | 37 | 25 | 20 |
|
|
|
||
1050 | Unobligated balance (total) | 2,209 | 2,216 | 1,987 |
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 1,905 | 1,901 | 2,231 |
1120 | Transferred to other accounts [86–0402] | –13 | –11 | |
1130 | Appropriations permanently reduced | –4 | ||
|
|
|
||
1160 | Appropriation, discretionary (total) | 1,888 | 1,901 | 2,220 |
1930 | Total budgetary resources available | 4,097 | 4,117 | 4,207 |
Memorandum (non-add) entries: | ||||
1940 | Unobligated balance expiring | –18 | ||
1941 | Unexpired unobligated balance, end of year | 2,191 | 1,967 | 2,542 |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 3,130 | 2,517 | 2,414 |
3030 | Obligations incurred, unexpired accounts | 1,888 | 2,150 | 1,665 |
3031 | Obligations incurred, expired accounts | 2 | ||
3040 | Outlays (gross) | –2,280 | –2,228 | –1,911 |
3080 | Recoveries of prior year unpaid obligations, unexpired | –37 | –25 | –20 |
3081 | Recoveries of prior year unpaid obligations, expired | –186 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 2,517 | 2,414 | 2,148 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 2,517 | 2,414 | 2,148 |
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 1,888 | 1,901 | 2,220 |
Outlays, gross: | ||||
4010 | Outlays from new discretionary authority | 2 | 10 | 11 |
4011 | Outlays from discretionary balances | 2,278 | 2,218 | 1,900 |
|
|
|
||
4020 | Outlays, gross (total) | 2,280 | 2,228 | 1,911 |
4180 | Budget authority, net (total) | 1,888 | 1,901 | 2,220 |
4190 | Outlays, net (total) | 2,280 | 2,228 | 1,911 |
|
In 2013, HUD will continue the implementation of the HEARTH Act, legislation that combined HUD's three competitive grant programs—Shelter Plus Care, Supportive Housing, and Section 8 Moderate Rehabilitation Single Room Occupancy—into a single Continuum of Care program with flexibility to better meet community needs. Also, the HEARTH Act replaced the existing Emergency Shelter Grants program with the Emergency Solutions Grant program which places a larger focus on homelessness prevention. Finally, the legislation created the Rural Housing Stability Assistance program, which dedicates resources to preventing and ending homelessness in rural areas nationwide. HUD began implementation of the HEARTH Act with the Emergency Solutions Grants, Consolidated Plan, and Homeless Definition rules released in November 2011. The remainder of the rules are expected to be published in 2012.
The Homeless Assistance Grants account provides funds for the Emergency Solutions Grant (ESG), Continuum of Care (CoC), and the Rural Housing Stability Assistance 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. Many communities have made great strides in creating comprehensive approaches to ending chronic homelessness through the development of local plans.
The Budget requests $2.23 billion for a wide range of activities to assist homeless persons and prevent future homelessness. HUD estimates it will use $1.91 billion for competitive renewals in the CoC program, $286 million for the Emergency Solutions Grant Program, and approximately $35 million for new competitive projects in the CoC, the Rural Housing Stability Assistance program, the homeless data analysis project, and authorized administrative costs.
The 2013 Budget helps make progress toward ending homelessness by supporting the goals of "Opening Doors: the Federal Strategic Plan to Prevent and End Homelessness," which was published by the U.S. Interagency Council on Homelessness in 2010.
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0342–0–1–604 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0011 | Project-Based Vouchers | 13 | ||
|
|
|
||
0900 | Total new obligations (object class 41.0) | 13 | ||
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 13 | ||
1930 | Total budgetary resources available | 13 | ||
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 46 | 46 | 33 |
3030 | Obligations incurred, unexpired accounts | 13 | ||
3040 | Outlays (gross) | –13 | –13 | –11 |
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 46 | 33 | 22 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 46 | 33 | 22 |
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
Outlays, gross: | ||||
4011 | Outlays from discretionary balances | 13 | 13 | 11 |
4190 | Outlays, net (total) | 13 | 13 | 11 |
|
This program was created by the Supplemental Appropriations Act, 2008 (P.L. 110–252), which 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 is for permanent supportive housing, which serves approximately 1,000 homeless individuals and families living with disabilities. These grants are administered under the Shelter Plus Care program, as authorized under subtitle F of title IV of the McKinney-Vento Homeless Assistance Act (42 U.S.C. 11403 et seq.). The LRA would be eligible to apply for Homeless Assistance Grants to renew this assistance. Additionally, this account provides $23 million in project-based rental assistance vouchers to LRA to support an estimated 2,000 elderly and disabled disaster victims, as authorized, under section 8(o)(13) of the United States Housing Act of 1937 (42 U.S.C. 1437f(o)(13)). Beginning in 2010, these vouchers are renewed within the Tenant-Based Rental Assistance account upon the termination of the original subsidy.
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0324–0–1–604 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0001 | Rural Housing and Economic Development | 5 | 4 | |
|
|
|
||
0900 | Total new obligations (object class 41.0) | 5 | 4 | |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 6 | 4 | |
1021 | Recoveries of prior year unpaid obligations | 3 | ||
|
|
|
||
1050 | Unobligated balance (total) | 9 | 4 | |
1930 | Total budgetary resources available | 9 | 4 | |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 4 | ||
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 47 | 35 | 20 |
3030 | Obligations incurred, unexpired accounts | 5 | 4 | |
3040 | Outlays (gross) | –14 | –19 | –18 |
3080 | Recoveries of prior year unpaid obligations, unexpired | –3 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 35 | 20 | 2 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 35 | 20 | 2 |
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
Outlays, gross: | ||||
4011 | Outlays from discretionary balances | 14 | 19 | 18 |
4190 | Outlays, net (total) | 14 | 19 | 18 |
|
The Rural Housing and Economic Development (RHED) program was created to encourage innovative approaches to serving the housing and economic development needs of the nation's rural communities. The 2013 Budget does not provide funding for the RHED program.
Program and Financing (in millions of dollars)
|
||||
Identification code 86–4015–0–3–451 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0001 | Revolving Fund | 1 | 1 | 1 |
|
|
|
||
0900 | Total new obligations (object class 32.0) | 1 | 1 | 1 |
|
||||
Budgetary Resources: | ||||
Budget authority: | ||||
Appropriations, mandatory: | ||||
1200 | Appropriation | 1 | 1 | 1 |
|
|
|
||
1260 | Appropriations, mandatory (total) | 1 | 1 | 1 |
1900 | Budget authority (total) | 1 | 1 | 1 |
1930 | Total budgetary resources available | 1 | 1 | 1 |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 6 | 7 | 6 |
3030 | Obligations incurred, unexpired accounts | 1 | 1 | 1 |
3040 | Outlays (gross) | –2 | –2 | |
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 7 | 6 | 5 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 7 | 6 | 5 |
|
||||
Budget authority and outlays, net: | ||||
Mandatory: | ||||
4090 | Budget authority, gross | 1 | 1 | 1 |
Outlays, gross: | ||||
4100 | Outlays from new mandatory authority | 1 | 1 | |
4101 | Outlays from mandatory balances | 1 | 1 | |
|
|
|
||
4110 | Outlays, gross (total) | 2 | 2 | |
4180 | Budget authority, net (total) | 1 | 1 | 1 |
4190 | Outlays, net (total) | 2 | 2 | |
|
Status of Direct Loans (in millions of dollars)
|
||||
Identification code 86–4015–0–3–451 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Cumulative balance of direct loans outstanding: | ||||
1210 | Outstanding, start of year | 5 | 5 | 5 |
1263 | Write-offs for default: Direct loans | |||
|
|
|
||
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. The operational expenses are financed from a permanent, indefinite appropriation to administer the remaining repayments of loans and recaptures in the portfolio. Annually, any remaining unobligated balances in the account are returned as a dividend to the Treasury.
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. This program ceased to originate new loans over 20 years ago. Since the sale of the Section 312 loan portfolio to the private sector in 2001, activity in this account has been minimal.
Balance Sheet (in millions of dollars)
|
|||
Identification code 86–4015–0–3–451 | 2010 actual | 2011 actual | |
|
|||
ASSETS: | |||
1101 | Federal assets: Fund balances with Treasury | 7 | 7 |
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 | 1 | 1 |
|
|
||
1699 | Value of assets related to direct loans | 1 | 1 |
|
|
||
1999 | Total assets | 8 | 8 |
LIABILITIES: | |||
2207 | Non-Federal liabilities: Other | 1 | 1 |
NET POSITION: | |||
3100 | Appropriated capital | 7 | 7 |
|
|
||
4999 | Total liabilities and net position | 8 | 8 |
|
[For the cost of guaranteed loans, $5,952,000, to remain available until September 30, 2013, as authorized by section 108 of the Housing and Community Development Act of 1974 (42 U.S.C. 5308): Provided, That such costs, including the cost of modifying such loans, shall be as defined in section 502 of the Congressional Budget Act of 1974: Provided further, That these funds are available to subsidize total loan principal, any part of which is to be guaranteed, not to exceed $240,000,000, notwithstanding any aggregate limitation on outstanding obligations guaranteed in section 108(k) of the Housing and Community Development Act of 1974, as amended] Subject to section 502 of the Congressional Budget Act of 1974, during fiscal year 2013 commitments to guarantee loans under section 108 of the Housing and Community Development Act of 1974, any part of which is guaranteed, shall not exceed a total principal amount of $500,000,000, notwithstanding any aggregate limitation on outstanding obligations guaranteed in subsection (k) of such section 108: Provided, That the Secretary shall collect fees from borrowers, notwithstanding subsection (m) of such section 108, to result in a credit subsidy cost of zero, and such fees such be collected in accordance with section 502(7) of the Congressional Budget Act of 1974. (Department of Housing and Urban Development Appropriations Act, 2012.)
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0198–0–1–451 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
Credit program obligations: | ||||
0702 | Loan guarantee subsidy | 6 | 9 | |
0707 | Reestimates of loan guarantee subsidy | 7 | ||
0708 | Interest on reestimates of loan guarantee subsidy | 1 | ||
|
|
|
||
0900 | Total new obligations (object class 33.0) | 6 | 17 | |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 4 | 4 | 1 |
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 6 | 6 | |
|
|
|
||
1160 | Appropriation, discretionary (total) | 6 | 6 | |
Appropriations, mandatory: | ||||
1200 | Appropriation | 8 | ||
|
|
|
||
1260 | Appropriations, mandatory (total) | 8 | ||
1900 | Budget authority (total) | 6 | 14 | |
1930 | Total budgetary resources available | 10 | 18 | 1 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 4 | 1 | 1 |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 12 | 14 | 14 |
3030 | Obligations incurred, unexpired accounts | 6 | 17 | |
3040 | Outlays (gross) | –3 | –17 | –5 |
3081 | Recoveries of prior year unpaid obligations, expired | –1 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 14 | 14 | 9 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 14 | 14 | 9 |
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 6 | 6 | |
Outlays, gross: | ||||
4010 | Outlays from new discretionary authority | 1 | ||
4011 | Outlays from discretionary balances | 3 | 8 | 5 |
|
|
|
||
4020 | Outlays, gross (total) | 3 | 9 | 5 |
Mandatory: | ||||
4090 | Budget authority, gross | 8 | ||
Outlays, gross: | ||||
4100 | Outlays from new mandatory authority | 8 | ||
4180 | Budget authority, net (total) | 6 | 14 | |
4190 | Outlays, net (total) | 3 | 17 | 5 |
|
Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)
|
||||
Identification code 86–0198–0–1–451 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Guaranteed loan levels supportable by subsidy budget authority: | ||||
215001 | Community development loan guarantee levels | 275 | 365 | 500 |
|
|
|
||
215999 | Total loan guarantee levels | 275 | 365 | 500 |
Guaranteed loan subsidy (in percent): | ||||
232001 | Community development loan guarantee levels | 2.34 | 2.48 | 0.00 |
|
|
|
||
232999 | Weighted average subsidy rate | 2.34 | 2.48 | 0.00 |
Guaranteed loan subsidy budget authority: | ||||
233001 | Community development loan guarantee levels | 6 | 9 | |
|
|
|
||
233999 | Total subsidy budget authority | 6 | 9 | |
Guaranteed loan subsidy outlays: | ||||
234001 | Community development loan guarantee levels | 3 | 5 | 5 |
|
|
|
||
234999 | Total subsidy outlays | 3 | 5 | 5 |
Guaranteed loan upward reestimates: | ||||
235001 | Community development loan guarantee levels | 7 | ||
|
|
|
||
235999 | Total upward reestimate budget authority | 7 | ||
Guaranteed loan downward reestimates: | ||||
237001 | Community development loan guarantee levels | –14 | –10 | |
|
|
|
||
237999 | Total downward reestimate subsidy budget authority | –14 | –10 | |
|
The 2013 Budget increases the guaranteed loan limit to $500 million, but does not request appropriations for the Community Development Loan Guarantee program (Section 108). Instead of subsidy, the Administration requests a legislative change to allow HUD to collect fees to offset credit subsidy costs and make related adjustments to the program. Carryover loan guarantee credit subsidy in this account will continue to be used until exhausted. The Budget requires that the program operate at a zero credit subsidy cost and provides for the collection of fees to fund program costs. Program activities include economic development projects, housing rehabilitation, public facilities rehabilitation, construction or installation for the benefit of low- to moderate-income persons, or to aid in the prevention of slums.
As required by the Federal Credit Reform Act of 1990, this account records the subsidy costs associated with the loan guarantees committed since 1992, including modifications of direct loans or loan guarantees that resulted from obligations or commitments in any year. The subsidy amounts are estimated on a present value basis.
Program and Financing (in millions of dollars)
|
||||
Identification code 86–4096–0–3–451 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
Credit program obligations: | ||||
0742 | Downward reestimate paid to receipt account | 8 | 5 | |
0743 | Interest on downward reestimates | 6 | 5 | |
|
|
|
||
0900 | Total new obligations | 14 | 10 | |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 107 | 104 | 110 |
Financing authority: | ||||
Spending authority from offsetting collections, mandatory: | ||||
1800 | Collected | 8 | 16 | 9 |
1801 | Change in uncollected payments, Federal sources | 3 | ||
|
|
|
||
1850 | Spending auth from offsetting collections, mand (total) | 11 | 16 | 9 |
1930 | Total budgetary resources available | 118 | 120 | 119 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 104 | 110 | 119 |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 10 | ||
3010 | Uncollected pymts, Fed sources, brought forward, Oct 1 | –12 | –15 | –15 |
|
|
|
||
3020 | Obligated balance, start of year (net) | –12 | –15 | –5 |
3030 | Obligations incurred, unexpired accounts | 14 | 10 | |
3040 | Financing disbursements (gross) | –14 | ||
3050 | Change in uncollected pymts, Fed sources, unexpired | –3 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 10 | 10 | |
3091 | Uncollected pymts, Fed sources, end of year | –15 | –15 | –15 |
|
|
|
||
3100 | Obligated balance, end of year (net) | –15 | –5 | –5 |
|
||||
Financing authority and disbursements, net: | ||||
Mandatory: | ||||
4090 | Financing authority, gross | 11 | 16 | 9 |
Financing disbursements: | ||||
4110 | Financing disbursements, gross | 14 | ||
Offsets against gross financing authority and disbursements: | ||||
Offsetting collections (collected) from: | ||||
4120 | Federal Sources: Payments from Program Account | –3 | –12 | –5 |
4122 | Interest on uninvested funds | –5 | –4 | –4 |
|
|
|
||
4130 | Offsets against gross financing auth and disbursements (total) | –8 | –16 | –9 |
Additional offsets against financing authority only (total): | ||||
4140 | Change in uncollected pymts, Fed sources, unexpired | –3 | ||
4170 | Financing disbursements, net (mandatory) | 6 | –16 | –9 |
4190 | Financing disbursements, net (total) | 6 | –16 | –9 |
|
Status of Guaranteed Loans (in millions of dollars)
|
||||
Identification code 86–4096–0–3–451 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Position with respect to appropriations act limitation on commitments: | ||||
2111 | Limitation on guaranteed loans made by private lenders | 275 | 240 | 500 |
2121 | Limitation available from carry-forward | 125 | ||
|
|
|
||
2150 | Total guaranteed loan commitments | 275 | 365 | 500 |
2199 | Guaranteed amount of guaranteed loan commitments | 275 | 365 | 500 |
|
||||
Cumulative balance of guaranteed loans outstanding: | ||||
2210 | Outstanding, start of year | 2,119 | 2,079 | 2,039 |
2231 | Disbursements of new guaranteed loans | 210 | 210 | 210 |
2251 | Repayments and prepayments | –250 | –250 | –250 |
|
|
|
||
2290 | Outstanding, end of year | 2,079 | 2,039 | 1,999 |
|
||||
Memorandum: | ||||
2299 | Guaranteed amount of guaranteed loans outstanding, end of year | 2,079 | 2,039 | 1,999 |
|
As required by the Federal Credit Reform Act of 1990, this non-budgetary account records all cash flows to and from the Government resulting from loan guarantees committed in 1992 and beyond (including modifications of loan guarantees that resulted from commitments in any year). The amounts in this account are a means of financing and are not included in the budget totals. As required by the Federal Credit Reform Act of 1990, no administrative expenses can be recorded in the financing account.
Balance Sheet (in millions of dollars)
|
|||
Identification code 86–4096–0–3–451 | 2010 actual | 2011 actual | |
|
|||
ASSETS: | |||
1101 | Federal assets: Fund balances with Treasury | 96 | 96 |
|
|
||
1999 | Total assets | 96 | 96 |
LIABILITIES: | |||
2204 | Non-Federal liabilities: Liabilities for loan guarantees | 96 | 96 |
|
|
||
4999 | Total liabilities and net position | 96 | 96 |
|
Program and Financing (in millions of dollars)
|
||||
Identification code 86–4097–0–3–451 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3010 | Uncollected pymts, Fed sources, brought forward, Oct 1 | –3 | –3 | –3 |
Obligated balance, end of year (net): | ||||
3091 | Uncollected pymts, Fed sources, end of year | –3 | –3 | –3 |
|
|
|
||
3100 | Obligated balance, end of year (net) | –3 | –3 | –3 |
|
Status of Guaranteed Loans (in millions of dollars)
|
||||
Identification code 86–4097–0–3–451 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Cumulative balance of guaranteed loans outstanding: | ||||
2210 | Outstanding, start of year | 15 | 10 | 5 |
2251 | Repayments and prepayments | –5 | –5 | –5 |
|
|
|
||
2290 | Outstanding, end of year | 10 | 5 | |
|
||||
Memorandum: | ||||
2299 | Guaranteed amount of guaranteed loans outstanding, end of year | 10 | 5 | |
|
As required by the Federal Credit Reform Act of 1990, this liquidating account records all cash flows to and from the Government resulting from FFB direct loans for which loan guarantees were committed prior to 1992. This account is shown on a cash basis.
Balance Sheet (in millions of dollars)
|
|||
Identification code 86–4097–0–3–451 | 2010 actual | 2011 actual | |
|
|||
ASSETS: | |||
Federal assets: | |||
1101 | Fund balances with Treasury | 3 | 3 |
Investments in US securities: | |||
1106 | Receivables, net | 3 | 3 |
|
|
||
1999 | Total assets | 6 | 6 |
|
For amendments to capital advance contracts for housing for the elderly, as authorized by section 202 of the Housing Act of 1959, as amended, and for project rental assistance for the elderly under section 202(c)(2) of such Act, including amendments to contracts for such assistance and renewal of expiring contracts for such assistance for up to a 1-year term, and for senior preservation rental assistance contracts, 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, [$374,627,000] $475,000,000 to remain available until September 30, [2015] 2016: Provided, That of the amount provided under this heading, up to [$91,000,000] $90,000,000 shall be for service coordinators and the continuation of existing congregate service grants for residents of assisted housing projects[, and of which up to $25,000,000 shall be for grants under section 202b of the Housing Act of 1959 (12 U.S.C. 1701q-2) for conversion of eligible projects under such section to assisted living, service-enriched housing, or related use for substantial and emergency repairs as determined by the Secretary]: Provided further, That amounts under this heading shall be available for Real Estate Assessment Center inspections and inspection-related activities associated with section 202 [capital advance] 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. (Department of Housing and Urban Development Appropriations Act, 2012.)
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0320–0–1–604 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0001 | Construction and Expansion | 215 | 635 | 59 |
0002 | PRAC Renewal/Amendment | 196 | 271 | 285 |
0003 | Service Coordinators/Congregate Services | 61 | 171 | 89 |
0004 | Conversion to Assisted Living Facilities | 20 | 50 | |
0005 | Pre-Construction Demonstration | 17 | 35 | |
0006 | Senior Preservation Rental Assistance Contracts | 16 | ||
0007 | Technical Assistance | 2 | ||
0008 | State Housing Project Rental Assistance | 100 | ||
|
|
|
||
0900 | Total new obligations (object class 41.0) | 509 | 1,164 | 549 |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 978 | 865 | 76 |
1021 | Recoveries of prior year unpaid obligations | 1 | ||
|
|
|
||
1050 | Unobligated balance (total) | 979 | 865 | 76 |
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 400 | 375 | 475 |
1120 | Transferred to other accounts [86–0402] | –4 | –2 | |
1130 | Appropriations permanently reduced | –1 | ||
|
|
|
||
1160 | Appropriation, discretionary (total) | 395 | 375 | 473 |
Spending authority from offsetting collections, discretionary: | ||||
1700 | Collected | 1 | ||
|
|
|
||
1750 | Spending auth from offsetting collections, disc (total) | 1 | ||
1900 | Budget authority (total) | 396 | 375 | 473 |
1930 | Total budgetary resources available | 1,375 | 1,240 | 549 |
Memorandum (non-add) entries: | ||||
1940 | Unobligated balance expiring | –1 | ||
1941 | Unexpired unobligated balance, end of year | 865 | 76 | |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 3,073 | 2,637 | 2,784 |
3030 | Obligations incurred, unexpired accounts | 509 | 1,164 | 549 |
3040 | Outlays (gross) | –935 | –1,017 | –1,005 |
3080 | Recoveries of prior year unpaid obligations, unexpired | –1 | ||
3081 | Recoveries of prior year unpaid obligations, expired | –9 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 2,637 | 2,784 | 2,328 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 2,637 | 2,784 | 2,328 |
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 396 | 375 | 473 |
Outlays, gross: | ||||
4010 | Outlays from new discretionary authority | 71 | 114 | 125 |
4011 | Outlays from discretionary balances | 864 | 903 | 880 |
|
|
|
||
4020 | Outlays, gross (total) | 935 | 1,017 | 1,005 |
Offsets against gross budget authority and outlays: | ||||
Offsetting collections (collected) from: | ||||
4033 | Non-Federal sources | –1 | ||
4180 | Budget authority, net (total) | 395 | 375 | 473 |
4190 | Outlays, net (total) | 934 | 1,017 | 1,005 |
|
Since 1959, the Housing for the Elderly program (Section 202) has supported both the construction and operation of supportive housing for very low-income elderly households, including frail elderly. The 2013 Budget provides $285 million to renew and amend operating subsidy contracts for existing Section 202 housing and $90 million to support service coordinators who work on-site to help residents obtain critical services, such as benefit counseling. It also includes $100 million for new awards of operating assistance to expand the supply of affordable, supportive senior housing by approximately 3,500 units.
The Administration's efforts to improve the efficiency and efficacy of the Section 202 program have been aided by the Section 202 Supportive Housing for the Elderly Act of 2010 (P.L. 111–372). The Act amended Section 202 of the Housing Act of 1959 (12 U.S.C. 1701q) and provided new authorities to HUD, including new flexibilities to ensure that existing Section 202 properties are not lost as affordable housing stock as owners opt out of their responsibilities through pre-payment. The 2013 Budget continues to support senior preservation rental assistance contracts (SPRACs) to ensure continued affordability for elderly residents living in older existing Section 202 properties that are at-risk of being lost as affordable housing stock.
The Administration is seeking further reforms, both legislative and administrative, to permit a new generation of Section 202 housing with supportive services targeted at populations most in need of affordable housing. In particular, the Budget proposes to carry over the Project Rental Assistance authority under the Section 811 Supportive Housing for Persons With Disabilities Program (created by the Frank Melville Supportive Housing Investment Act of 2010) to Section 202. This will allow HUD to provide Section 202 operating assistance directly to States to identify and fund supportive housing projects in line with state housing and health care priorities. Funded projects must be fully leveraged with other capital resources and only require Section 202 for operating assistance. The assistance to the state housing agencies can be applied to new or existing multifamily housing complexes funded through different sources, such as Low-Income Housing Tax Credits, HOME funds, and other Federal, state, and local programs. This will result in long-term strategies to increase the supply of affordable permanent housing units with structured access to appropriate services. These reforms ensure that the Section 202 Program continues to address the housing needs of elderly persons, but also enables the program to better facilitate cost savings to state and federal health care budgets through reduced institutionalization and emergency room utilization. These reforms will create and sustain significantly more affordable units at a lower initial cost than under the status quo, streamline and modernize the program to reduce administrative processing, increase the likelihood of successful completion within a shorter timeframe, and ensure that Section 202 units serve as a platform for elderly persons to live independently and age in place.
HOUSING FOR THE ELDERLY
|
|||
2011 actual | 2012 est. | 2013 est. | |
|
|||
Units eligible for payment | 111,257 | 116,793 | 122,605 |
|
For amendments to capital advance contracts for supportive housing for persons with disabilities, as authorized by section 811 of the Cranston-Gonzalez National Affordable Housing Act (42 U.S.C. 8013) [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, [$165,000,000] $150,000,000 to remain available until September 30, [2015] 2016: Provided, [That the Secretary may waive the provisions of section 811 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 amounts made available under this heading shall be available for Real Estate Assessment Center inspections and inspection-related activities associated with section 811 [Capital Advance] Projects[: Provided further,That the Secretary shall conduct a demonstration program to make available funds provided under this heading 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 Affordable Housing Act (42 U.S.C. 8013(b)(3))]. (Department of Housing and Urban Development Appropriations Act, 2012.)
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0237–0–1–604 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0001 | Construction and Expansion | 52 | 188 | 26 |
0002 | PRAC Renewals/Amendments | 63 | 90 | 96 |
0003 | Mainstream Voucher Renewals | 34 | 2 | |
0004 | State Housing Project Rental Assistance | 123 | ||
|
|
|
||
0900 | Total new obligations (object class 41.0) | 149 | 280 | 245 |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 255 | 258 | 143 |
1021 | Recoveries of prior year unpaid obligations | 5 | ||
|
|
|
||
1050 | Unobligated balance (total) | 260 | 258 | 143 |
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 150 | 165 | 150 |
1120 | Transferred to other accounts [86–0402] | –1 | –1 | |
|
|
|
||
1160 | Appropriation, discretionary (total) | 149 | 165 | 149 |
1930 | Total budgetary resources available | 409 | 423 | 292 |
Memorandum (non-add) entries: | ||||
1940 | Unobligated balance expiring | –2 | ||
1941 | Unexpired unobligated balance, end of year | 258 | 143 | 47 |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 838 | 656 | 688 |
3030 | Obligations incurred, unexpired accounts | 149 | 280 | 245 |
3040 | Outlays (gross) | –309 | –248 | –251 |
3080 | Recoveries of prior year unpaid obligations, unexpired | –5 | ||
3081 | Recoveries of prior year unpaid obligations, expired | –17 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 656 | 688 | 682 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 656 | 688 | 682 |
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 149 | 165 | 149 |
Outlays, gross: | ||||
4010 | Outlays from new discretionary authority | 40 | 30 | 19 |
4011 | Outlays from discretionary balances | 269 | 218 | 232 |
|
|
|
||
4020 | Outlays, gross (total) | 309 | 248 | 251 |
4180 | Budget authority, net (total) | 149 | 165 | 149 |
4190 | Outlays, net (total) | 309 | 248 | 251 |
|
Since 1992, the Housing for Persons with Disabilities program (Section 811) has supported both the construction and operation of supportive housing for very low-income people with disabilities. The 2013 Budget provides $96 million to renew and amend operating subsidy contracts for existing Section 811 housing, and includes $54 million to allocate Section 811 Project Rental Assistance through States that demonstrate an integrated health care and housing approach to serving households with disabilities.
In 2013, HUD will continue to allocate Section 811 Project Rental Assistance to selected States to identify and fund supportive housing projects in line with state housing and health care priorities. These projects must be fully leveraged with other capital resources, such as Low-Income Housing Tax Credits, HOME funds, and other Federal, state, and local programs, and only require Section 811 for operating assistance. This authority, as with others in the Frank Melville Supportive Housing Investment Act of 2010 (P.L. 111–374), provides a strong first step in reforming Section 811 to make it more efficient and effective. The Administration continues to implement reforms to improve program efficacy and enable a new generation of Section 811 housing targeted at populations most in need of affordable housing with associated supportive services. Properly targeting such supportive housing can achieve significant savings for state and federal health care budgets through reduced institutionalization and emergency room utilization. These reforms will create and sustain more affordable units at a lower initial cost , streamline and modernize the program to reduce administrative processing, make new housing available within a shorter timeframe, and ensure that Section 811 units serve as a platform for disabled persons to live independently in integrated community-based settings.
HOUSING FOR PERSONS WITH DISABILITIES
|
|||
2011 actual | 2012 est. | 2013 est. | |
|
|||
Units eligible for payment | 31,517 | 33,084 | 34,729 |
|
For contracts, grants, and other assistance excluding loans, as authorized under section 106 of the Housing and Urban Development Act of 1968, as amended, [$45,000,000] $55,000,000, including up to [$2,500,000] $3,500,000 for administrative contract services[, to remain available until September 30, 2012]: Provided, That grants made available from amounts provided under this heading shall be awarded within 120 days of enactment of this Act: Provided further, That funds shall be used for providing counseling and advice to tenants and homeowners, both current and prospective, with respect to property maintenance, financial management/literacy, and such other matters as may be appropriate to assist them in improving their housing conditions, meeting their financial needs, and fulfilling the responsibilities of tenancy or homeownership; for program administration; and for housing counselor training. (Department of Housing and Urban Development Appropriations Act, 2012.)
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0156–0–1–604 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0001 | Housing Counseling Assistance | 84 | 43 | 52 |
0002 | Administrative Contract Services | 2 | 2 | 3 |
|
|
|
||
0900 | Total new obligations (object class 41.0) | 86 | 45 | 55 |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 86 | ||
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 45 | 55 | |
|
|
|
||
1160 | Appropriation, discretionary (total) | 45 | 55 | |
1930 | Total budgetary resources available | 86 | 45 | 55 |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 26 | 47 | 40 |
3030 | Obligations incurred, unexpired accounts | 86 | 45 | 55 |
3040 | Outlays (gross) | –65 | –52 | –31 |
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 47 | 40 | 64 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 47 | 40 | 64 |
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 45 | 55 | |
Outlays, gross: | ||||
4010 | Outlays from new discretionary authority | 5 | 6 | |
4011 | Outlays from discretionary balances | 65 | 47 | 25 |
|
|
|
||
4020 | Outlays, gross (total) | 65 | 52 | 31 |
4180 | Budget authority, net (total) | 45 | 55 | |
4190 | Outlays, net (total) | 65 | 52 | 31 |
|
The Housing Counseling Assistance Program provides comprehensive housing counseling services to eligible homeowners and tenants through grants to non-profit intermediaries, state governmental entities, and other agencies with local to national presences. Eligible counseling activities include pre- and post-purchase education, personal financial management, reverse mortgage product education, foreclosure prevention/mitigation, and rental counseling. The Housing Counseling Assistance Program supports the delivery of a wide variety of housing counseling services to homebuyers, homeowners, low- to moderate-income renters, and elderly citizens including the Administration's current foreclosure mitigation efforts. The primary objectives of the Housing Counseling program are to expand homeownership opportunities, improve access to affordable housing, prevent foreclosure, increase financial literacy, and aid in HUD's commitment to bridging the minority homeownership gap. Additionally, the program supports a significant number of individuals with FHA-insured loans, which helps maintain the financial soundness of the FHA insurance funds. The 2013 Budget includes $55 million for this program, the bulk of which funds grants for the direct provision of counseling.
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0401–0–1–272 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0001 | Energy Efficient Mortgage Innovation Pilot | 13 | 12 | |
0002 | Multifamily Energy Pilot | 25 | ||
|
|
|
||
0900 | Total new obligations (object class 41.0) | 13 | 37 | |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 50 | 37 | |
1930 | Total budgetary resources available | 50 | 37 | |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 37 | ||
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 13 | 45 | |
3030 | Obligations incurred, unexpired accounts | 13 | 37 | |
3040 | Outlays (gross) | –5 | –33 | |
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 13 | 45 | 12 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 13 | 45 | 12 |
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
Outlays, gross: | ||||
4011 | Outlays from discretionary balances | 5 | 33 | |
4190 | Outlays, net (total) | 5 | 33 | |
|
The objective of the Energy Innovation Fund is to provide support for promising local initiatives that can be replicated across the nation and to stimulate and enhance private investment in cost-saving energy efficiency retrofits of existing housing, through improved use of FHA single family and multifamily mortgage products. $50 million was provided for this initiative in 2010.
The single family Energy Efficient Mortgage Innovation Pilot will provide up to $25 million in incentive payments to support the new FHA PowerSaver loan guarantee program. PowerSaver is a partnership between HUD and 18 lenders that will extend the benefits of Title I Energy Efficient Property Improvement loans to more homeowners enabling them to borrow up to $25,000 for terms as long as 20 years to make energy improvements of their choice, based on a list of proven measures developed by FHA and the U.S. Department of Energy (DOE).
The Multifamily Energy Innovation Fund Pilot will provide $25 million for financing and applied research demonstrations. The demonstrations will identify solutions to the primary and longstanding challenges to implementing energy efficiency and renewable energy improvements in existing affordable multifamily properties and leverage private capital and additional public funding to demonstrate proof of concept of specific models.
No new funds are requested for 2013 as it is anticipated that the 2010 appropriations of $50 million will fund significant pilot program activity through 2013.
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0407–0–1–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
Credit program obligations: | ||||
0701 | Direct loan subsidy | 205 | ||
0709 | Administrative expenses | 30 | ||
0715 | Grants | 293 | ||
|
|
|
||
0900 | Total new obligations | 528 | ||
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 472 | 472 | |
Budget authority: | ||||
Appropriations, mandatory: | ||||
1200 | Appropriation | 1,000 | ||
|
|
|
||
1260 | Appropriations, mandatory (total) | 1,000 | ||
1930 | Total budgetary resources available | 1,000 | 472 | 472 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 472 | 472 | 472 |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 492 | 72 | |
3030 | Obligations incurred, unexpired accounts | 528 | ||
3040 | Outlays (gross) | –36 | –420 | –36 |
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 492 | 72 | 36 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 492 | 72 | 36 |
|
||||
Budget authority and outlays, net: | ||||
Mandatory: | ||||
4090 | Budget authority, gross | 1,000 | ||
Outlays, gross: | ||||
4100 | Outlays from new mandatory authority | 36 | ||
4101 | Outlays from mandatory balances | 420 | 36 | |
|
|
|
||
4110 | Outlays, gross (total) | 36 | 420 | 36 |
4180 | Budget authority, net (total) | 1,000 | ||
4190 | Outlays, net (total) | 36 | 420 | 36 |
|
Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)
|
||||
Identification code 86–0407–0–1–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Direct loan levels supportable by subsidy budget authority: | ||||
115001 | Emergency Homeowners' Relief | 210 | ||
|
|
|
||
115999 | Total direct loan levels | 210 | ||
Direct loan subsidy (in percent): | ||||
132001 | Emergency Homeowners' Relief | 97.72 | 0.00 | 0.00 |
|
|
|
||
132999 | Weighted average subsidy rate | 97.72 | 0.00 | 0.00 |
Direct loan subsidy budget authority: | ||||
133001 | Emergency Homeowners' Relief | 205 | ||
|
|
|
||
133999 | Total subsidy budget authority | 205 | ||
Direct loan subsidy outlays: | ||||
134001 | Emergency Homeowners' Relief | 205 | ||
|
|
|
||
134999 | Total subsidy outlays | 205 | ||
Direct loan downward reestimates: | ||||
|
||||
Administrative expense data: | ||||
3510 | Budget authority | 30 | ||
|
The Emergency Homeowners Loan Program (EHLP), authorized by the Dodd-Frank Wall Street Reform and Consumer Protection Act (P.L. 111–203), provided emergency mortgage assistance to homeowners who were unemployed or underemployed due to economic or medical conditions. EHLP offered an eligible homeowner a declining balance, deferred payment, non-recourse, zero interest subordinate loan of up to $50,000 to assist with paying all arrearages on the homeowner's first mortgage and up to 24 consecutive months of first mortgage assistance payments. EHLP provided assistance to homeowners in Puerto Rico and the 32 states not assisted by the Treasury Department's Innovation Fund for Hardest Hit Housing Markets program. States with existing programs that provided substantially similar assistance to homeowners received grants to provide EHLP assistance through such programs. The program became effective October 1, 2010 and, per statute, stopped accepting applications September 30, 2011 . As required by the Federal Credit Reform Act of 1990, this account records the administrative expenses for EHLP, as well as the subsidy costs, associated with the direct loans obligated. The subsidy amounts are estimated on a present value basis; the administrative expenses are estimated on a cash basis.
Object Classification (in millions of dollars)
|
||||
Identification code 86–0407–0–1–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Direct obligations: | ||||
25.1 | Advisory and assistance services | 30 | ||
41.0 | Grants, subsidies, and contributions | 498 | ||
|
|
|
||
99.9 | Total new obligations | 528 | ||
|
Program and Financing (in millions of dollars)
|
||||
Identification code 86–4357–0–3–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
Credit program obligations: | ||||
0710 | Direct loan obligations | 210 | ||
|
|
|
||
0900 | Total new obligations | 210 | ||
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 18 | 22 | |
Financing authority: | ||||
Borrowing authority, mandatory: | ||||
1400 | Borrowing authority | 23 | ||
|
|
|
||
1440 | Borrowing authority, mandatory (total) | 23 | ||
Spending authority from offsetting collections, mandatory: | ||||
1800 | Collected | 209 | 4 | |
1801 | Change in uncollected payments, Federal sources | 205 | –205 | |
|
|
|
||
1850 | Spending auth from offsetting collections, mand (total) | 205 | 4 | 4 |
1900 | Financing authority(total) | 228 | 4 | 4 |
1930 | Total budgetary resources available | 228 | 22 | 26 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 18 | 22 | 26 |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 210 | ||
3010 | Uncollected pymts, Fed sources, brought forward, Oct 1 | –205 | ||
|
|
|
||
3020 | Obligated balance, start of year (net) | 5 | ||
3030 | Obligations incurred, unexpired accounts | 210 | ||
3040 | Financing disbursements (gross) | –210 | ||
3050 | Change in uncollected pymts, Fed sources, unexpired | –205 | 205 | |
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 210 | ||
3091 | Uncollected pymts, Fed sources, end of year | –205 | ||
|
|
|
||
3100 | Obligated balance, end of year (net) | 5 | ||
|
||||
Financing authority and disbursements, net: | ||||
Mandatory: | ||||
4090 | Financing authority, gross | 228 | 4 | 4 |
Financing disbursements: | ||||
4110 | Financing disbursements, gross | 210 | ||
Offsets against gross financing authority and disbursements: | ||||
Offsetting collections (collected) from: | ||||
4120 | Federal sources | –205 | ||
4123 | Repayments of principal, net | –4 | –4 | |
|
|
|
||
4130 | Offsets against gross financing auth and disbursements (total) | –209 | –4 | |
Additional offsets against financing authority only (total): | ||||
4140 | Change in uncollected pymts, Fed sources, unexpired | –205 | 205 | |
|
|
|
||
4160 | Financing authority, net (mandatory) | 23 | ||
4170 | Financing disbursements, net (mandatory) | 1 | –4 | |
4180 | Financing authority, net (total) | 23 | ||
4190 | Financing disbursements, net (total) | 1 | –4 | |
|
Status of Direct Loans (in millions of dollars)
|
||||
Identification code 86–4357–0–3–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Position with respect to appropriations act limitation on obligations: | ||||
1111 | Limitation on direct loans | 210 | ||
|
|
|
||
1150 | Total direct loan obligations | 210 | ||
|
||||
Cumulative balance of direct loans outstanding: | ||||
1210 | Outstanding, start of year | 182 | ||
1231 | Disbursements: Direct loan disbursements | 210 | ||
1251 | Repayments: Repayments and prepayments | –4 | –4 | |
1263 | Write-offs for default: Direct loans | –24 | –24 | |
|
|
|
||
1290 | Outstanding, end of year | 182 | 154 | |
|
This non-budgetary account records all cash flows to and from the Government resulting from the loan guarantees (including modifications of loan guarantees that resulted from obligations in any year). The amounts in this account are a means of financing and are not included in the budget totals. No administrative expenses can be recorded in the financing account.
Balance Sheet (in millions of dollars)
|
|||
Identification code 86–4357–0–3–371 | 2010 actual | 2011 actual | |
|
|||
ASSETS: | |||
1101 | Federal assets: Fund balances with Treasury | 23 | |
|
|
||
1999 | Total assets | 23 | |
LIABILITIES: | |||
2103 | Federal liabilities: Debt payable to Treasury | 23 | |
|
|
||
4999 | Total liabilities and net position | 23 | |
|
[For amendments to or extensions for up to 1 year of 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, $1,300,000, to remain available until expended.]
[Of the amounts recaptured from terminated contracts under section 101 of the Housing and Urban Development Act of 1965 (12 U.S.C. 1701s) and section 236 of the National Housing Act (12 U.S.C. 1715z-1) $231,600,000 are rescinded: Provided, That no amounts may be rescinded from amounts that were designated by the Congress as an emergency requirement pursuant to the Concurrent Resolution on the Budget or the Balanced Budget and Emergency Deficit Control Act of 1985, as amended.] (Department of Housing and Urban Development Appropriations Act, 2012.)
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0206–0–1–999 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0001 | Rent supplement | 7 | 11 | 5 |
0002 | Homeownership and rental housing assistance (Sections 235 and 236) | 13 | 23 | 25 |
|
|
|
||
0900 | Total new obligations (object class 41.0) | 20 | 34 | 30 |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 321 | 327 | 90 |
1021 | Recoveries of prior year unpaid obligations | 62 | 28 | 13 |
1025 | Unobligated balance of contract authority withdrawn | –26 | ||
1029 | Other balances withdrawn | –10 | ||
|
|
|
||
1050 | Unobligated balance (total) | 347 | 355 | 103 |
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 40 | 1 | |
1131 | Unobligated balance permanently reduced | –41 | –232 | |
|
|
|
||
1160 | Appropriation, discretionary (total) | –1 | –231 | |
Appropriations, mandatory: | ||||
1200 | Appropriation | 596 | 690 | 690 |
1238 | Appropriations applied to liquidate contract authority | –596 | –690 | –690 |
Spending authority from offsetting collections, discretionary: | ||||
1700 | Collected | 1 | ||
|
|
|
||
1750 | Spending auth from offsetting collections, disc (total) | 1 | ||
1900 | Budget authority (total) | –231 | ||
1930 | Total budgetary resources available | 347 | 124 | 103 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 327 | 90 | 73 |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 3,026 | 2,487 | 2,021 |
3030 | Obligations incurred, unexpired accounts | 20 | 34 | 30 |
3040 | Outlays (gross) | –497 | –472 | –367 |
3080 | Recoveries of prior year unpaid obligations, unexpired | –62 | –28 | –13 |
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 2,487 | 2,021 | 1,671 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 2,487 | 2,021 | 1,671 |
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | –231 | ||
Outlays, gross: | ||||
4010 | Outlays from new discretionary authority | 1 | ||
4011 | Outlays from discretionary balances | 497 | 471 | 367 |
|
|
|
||
4020 | Outlays, gross (total) | 497 | 472 | 367 |
Offsets against gross budget authority and outlays: | ||||
Offsetting collections (collected) from: | ||||
4033 | Non-Federal sources | –1 | ||
4180 | Budget authority, net (total) | –1 | –231 | |
4190 | Outlays, net (total) | 496 | 472 | 367 |
|
||||
Memorandum (non-add) entries: | ||||
5052 | Obligated balance, SOY: Contract authority | 2,037 | 1,415 | 725 |
5053 | Obligated balance, EOY: Contract authority | 1,415 | 725 | 35 |
|
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 approximately 9,000 units that have not converted to Section 8.
Section 235._The Housing and Urban-Rural Recovery Act of 1983 (P.L. 98–181) authorized a restructured Section 235 (Homeownership Assistance) program that provided homeowners a 10-year interest reduction subsidy on their mortgages.
Section 236._The Housing and Urban Development Act of 1968, as amended, authorizes the Section 236 Rental Housing Assistance Program, which
subsidizes the monthly mortgage payment that an owner of a rental or cooperative project is required to make. This interest
subsidy reduces rents for lower income tenants. Some Section 236 properties (approximately 12,340 units) also have rental
assistance contracts with HUD through the Rental Assistance Payment (RAP) program.
As some of the Rent Supplement and RAP contracts are terminated due to prepayments or other reasons, remaining balances are
recovered. In 2012, these recovered amounts will be reduced by $232 million through a rescission enacted in the Consolidated
and Further Continuing Appropriations Act of 2012 (P.L. 112–55). To ensure that sufficient funds remain available for amendments
to existing rental assistance contracts, the Budget does not include language to cancel additional amounts recovered from
projects where rental assistance has been terminated.
Under the Rental Assistance Demonstration (RAD), also authorized by P.L. 112–55, owners of properties with expiring Rent Supplement
or RAP contracts have the option to convert the assistance of their properties to long-term, project-based voucher contracts.
This option is available to properties where Rent Supplement or RAP contracts expired as recently as 2006. This Demonstration
facilitates the preservation of affordable units that, prior to RAD, had no options for renewing their subsidy contracts.
HUD will begin implementation of RAD in 2013.
The table below provides a summary of outlays by program.
SUMMARY OF OUTLAYS (in millions of dollars)
|
|||
2011 actual | 2012 est. | 2013 est. | |
|
|||
Total | 496 | 472 | 367 |
Rent supplement | 45 | 42 | 33 |
Homeownership assistance (Section 235) | 2 | 2 | 2 |
Rental housing assistance (Section 236) | 447 | 426 | 331 |
College housing grants | 2 | 2 | 1 |
|
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0196–0–1–604 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 1 | 1 | 1 |
1930 | Total budgetary resources available | 1 | 1 | 1 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 1 | 1 | 1 |
|
The Homeownership and Opportunity for People Everywhere Program, funded from 1992–1995, provided affordable homeownership opportunities for low-income families. Units were converted to homeownership from public and Indian housing properties in HOPE I, from FHA-insured and Government-held multifamily properties in HOPE II, and from Government-owned or -held single family properties in HOPE III. HOPE Grants were used for property acquisition, rehabilitation, mortgage subsidies, security measures, and technical assistance. In addition, grants have been devoted to counseling and training of residents, and other activities intended to help them become economically self-sufficient homeowners. This schedule reflects the expenditure of prior year balances.
For necessary expenses as authorized by the National Manufactured Housing Construction and Safety Standards Act of 1974 (42 U.S.C. 5401 et seq.), up to [$6,500,000] $8,000,000, to remain available until expended, of which $4,000,000 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 [2012] 2013 so as to result in a final fiscal year [2012] 2013 appropriation from the general fund estimated at not more than [$2,500,000] $4,000,000 and fees pursuant to such section 620 shall be modified as necessary to ensure such a final fiscal year [2012] 2013 appropriation: Provided further, That for the dispute resolution and installation programs, the Secretary of Housing and Urban Development may assess and collect fees from any program participant: Provided further, That such collections shall be deposited into the Fund, and the Secretary, as provided herein, may use such collections, as well as fees collected under section 620, for necessary expenses of such Act: Provided further, That, notwithstanding the requirements of section 620 of such Act, the Secretary may carry out responsibilities of the Secretary under such Act through the use of approved service providers that are paid directly by the recipients of their services. (Department of Housing and Urban Development Appropriations Act, 2012.)
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0234–0–1–376 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0001 | Payment to Trust Fund | 9 | 2 | 4 |
|
|
|
||
0900 | Total new obligations (object class 94.0) | 9 | 2 | 4 |
|
||||
Budgetary Resources: | ||||
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 9 | 2 | 4 |
|
|
|
||
1160 | Appropriation, discretionary (total) | 9 | 2 | 4 |
1930 | Total budgetary resources available | 9 | 2 | 4 |
|
||||
Change in obligated balance: | ||||
3030 | Obligations incurred, unexpired accounts | 9 | 2 | 4 |
3040 | Outlays (gross) | –9 | –2 | –4 |
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 9 | 2 | 4 |
Outlays, gross: | ||||
4010 | Outlays from new discretionary authority | 9 | 2 | 4 |
4180 | Budget authority, net (total) | 9 | 2 | 4 |
4190 | Outlays, net (total) | 9 | 2 | 4 |
|
The Budget provides a total of $8 million, including $4 million in estimated fees, to support activities authorized by the National Manufactured Housing Construction and Safety Standards Act of 1974, as amended, including the development and enforcement of manufactured housing construction standards, as well as the development and implementation of new installation and dispute resolution programs required by the Manufactured Housing Improvement Act of 2000.
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0306–0–1–604 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
Credit program obligations: | ||||
0705 | Reestimates of direct loan subsidy | 5 | ||
|
|
|
||
0900 | Total new obligations (object class 41.0) | 5 | ||
|
||||
Budgetary Resources: | ||||
Budget authority: | ||||
Appropriations, mandatory: | ||||
1200 | Appropriation | 5 | ||
|
|
|
||
1260 | Appropriations, mandatory (total) | 5 | ||
1900 | Budget authority (total) | 5 | ||
1930 | Total budgetary resources available | 5 | ||
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 179 | 32 | |
3030 | Obligations incurred, unexpired accounts | 5 | ||
3040 | Outlays (gross) | –147 | –37 | |
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 32 | ||
|
|
|
||
3100 | Obligated balance, end of year (net) | 32 | ||
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
Outlays, gross: | ||||
4011 | Outlays from discretionary balances | 147 | 32 | |
Mandatory: | ||||
4090 | Budget authority, gross | 5 | ||
Outlays, gross: | ||||
4100 | Outlays from new mandatory authority | 5 | ||
4180 | Budget authority, net (total) | 5 | ||
4190 | Outlays, net (total) | 147 | 37 | |
|
Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)
|
||||
Identification code 86–0306–0–1–604 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Direct loan subsidy outlays: | ||||
134001 | Energy Retrofit Loans | 23 | ||
|
|
|
||
134999 | Total subsidy outlays | 23 | ||
Direct loan upward reestimates: | ||||
135001 | Energy Retrofit Loans | 5 | ||
|
|
|
||
135999 | Total upward reestimate budget authority | 5 | ||
|
The Green Retrofit Program (GRP) offered grants and loans to owners of eligible HUD-assisted multifamily housing properties to fund green retrofits, which are intended to reduce ongoing utility consumption, benefit resident health, and benefit the environment. This program was funded under Title XII of the American Recovery and Reinvestment Act of 2009 (P.L. 111–5). This account includes funds for grants, direct loan credit subsidy, and administrative expenses. All loan cash flows are recorded in the corresponding financing account (86–4589).
Program and Financing (in millions of dollars)
|
||||
Identification code 86–4589–0–3–604 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 1 | ||
1020 | Adjustment of unobligated bal brought forward, Oct 1 | –1 | ||
Financing authority: | ||||
Spending authority from offsetting collections, mandatory: | ||||
1800 | Collected | 23 | 5 | |
1801 | Change in uncollected payments, Federal sources | –23 | ||
1825 | Spending authority from offsetting collections applied to repay debt | –5 | ||
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 28 | ||
3010 | Uncollected pymts, Fed sources, brought forward, Oct 1 | –23 | ||
|
|
|
||
3020 | Obligated balance, start of year (net) | 5 | ||
3040 | Financing disbursements (gross) | –28 | ||
3050 | Change in uncollected pymts, Fed sources, unexpired | 23 | ||
|
||||
Financing authority and disbursements, net: | ||||
Mandatory: | ||||
Financing disbursements: | ||||
4110 | Financing disbursements, gross | 28 | ||
Offsets against gross financing authority and disbursements: | ||||
Offsetting collections (collected) from: | ||||
4120 | Federal sources | –23 | –5 | |
Additional offsets against financing authority only (total): | ||||
4140 | Change in uncollected pymts, Fed sources, unexpired | 23 | ||
|
|
|
||
4160 | Financing authority, net (mandatory) | –5 | ||
4170 | Financing disbursements, net (mandatory) | 5 | –5 | |
4180 | Financing authority, net (total) | –5 | ||
4190 | Financing disbursements, net (total) | 5 | –5 | |
|
Status of Direct Loans (in millions of dollars)
|
||||
Identification code 86–4589–0–3–604 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Cumulative balance of direct loans outstanding: | ||||
1210 | Outstanding, start of year | 56 | 83 | 83 |
1231 | Disbursements: Direct loan disbursements | 27 | ||
|
|
|
||
1290 | Outstanding, end of year | 83 | 83 | 83 |
|
As required by the Federal Credit Reform Act of 1990, this non-budgetary account records all cash flows to and from the Government resulting from direct loans in the Green Retrofit Program, which received one-time funding in the Recovery Act (P.L. 111–5). The program account is displayed under "Green Retrofit Program for Multifamily Housing, Recovery Act" (86–0306).
Balance Sheet (in millions of dollars)
|
|||
Identification code 86–4589–0–3–604 | 2010 actual | 2011 actual | |
|
|||
ASSETS: | |||
1101 | Federal assets: Fund balances with Treasury | 6 | |
Net value of assets related to post-1991 direct loans receivable: | |||
1401 | Direct loans receivable, gross | 56 | 83 |
1402 | Interest receivable | 1 | |
1405 | Allowance for subsidy cost (-) | –46 | –69 |
|
|
||
1499 | Net present value of assets related to direct loans | 10 | 15 |
|
|
||
1999 | Total assets | 16 | 15 |
LIABILITIES: | |||
2103 | Federal liabilities: Debt | 16 | 15 |
|
|
||
4999 | Total liabilities and net position | 16 | 15 |
|
Program and Financing (in millions of dollars)
|
||||
Identification code 86–4041–0–3–604 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0801 | Transfer to HUD's Flexible Subsidy Fund | 3 | 3 | |
|
|
|
||
0900 | Total new obligations (object class 94.0) | 3 | 3 | |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 3 | 3 | 3 |
Budget authority: | ||||
Spending authority from offsetting collections, mandatory: | ||||
1800 | Collected | 3 | 3 | 3 |
1824 | Spending authority from offsetting collections precluded from obligation (limitation on obligations) | –3 | ||
|
|
|
||
1850 | Spending auth from offsetting collections, mand (total) | 3 | 3 | |
1930 | Total budgetary resources available | 6 | 6 | 3 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 3 | 3 | 3 |
|
||||
Change in obligated balance: | ||||
3030 | Obligations incurred, unexpired accounts | 3 | 3 | |
3040 | Outlays (gross) | –3 | –3 | |
|
||||
Budget authority and outlays, net: | ||||
Mandatory: | ||||
4090 | Budget authority, gross | 3 | 3 | |
Outlays, gross: | ||||
4100 | Outlays from new mandatory authority | 3 | ||
4101 | Outlays from mandatory balances | 3 | ||
|
|
|
||
4110 | Outlays, gross (total) | 3 | 3 | |
Offsets against gross budget authority and outlays: | ||||
Offsetting collections (collected) from: | ||||
4123 | Non-Federal sources | –3 | –3 | –3 |
4180 | Budget authority, net (total) | –3 | ||
4190 | Outlays, net (total) | –3 | ||
|
||||
Memorandum (non-add) entries: | ||||
5091 | Unavailable balance, EOY: Offsetting collections | 3 | ||
|
The Housing and Urban Development Act of 1968 authorized the Secretary to establish a revolving fund into which rental collections in excess of the established basic rents for units in Section 236 subsidized projects would be deposited.
The Housing and Community Development Amendment of 1978 authorized the Secretary, subject to approval in appropriation acts, to transfer excess rent collections received after 1978 to the Troubled Projects Operating Subsidy program, renamed the Flexible Subsidy Fund. Prior to that time, collections were used for paying tax and utility increases in Section 236 projects. The Housing and Community Development Act of 1980 amended the 1978 Act by authorizing the transfer of excess rent collections regardless of when collected. The Budget proposes appropriation language in the general provisions at the end of this budget chapter to fully eliminate any authorities which mandate the transfer of excess resources from the Rental Housing Assistance Fund to the Flexible Subsidy Fund. These excess resources cannot be spent under existing law in either account, making the transfer unnecessary.
Object Classification (in millions of dollars)
|
||||
Identification code 86–4041–0–3–604 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Reimbursable obligations: | ||||
94.0 | Financial transfers | 3 | 3 | |
99.0 | Reimbursable obligations | 3 | 3 | |
|
Program and Financing (in millions of dollars)
|
||||
Identification code 86–4044–0–3–604 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 164 | 201 | 227 |
Budget authority: | ||||
Spending authority from offsetting collections, discretionary: | ||||
1700 | Collected | 37 | 26 | 21 |
|
|
|
||
1750 | Spending auth from offsetting collections, disc (total) | 37 | 26 | 21 |
1930 | Total budgetary resources available | 201 | 227 | 248 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 201 | 227 | 248 |
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 37 | 26 | 21 |
Offsets against gross budget authority and outlays: | ||||
Offsetting collections (collected) from: | ||||
4030 | Federal sources | –3 | –3 | |
4033 | Non-Federal sources | –34 | –23 | –21 |
|
|
|
||
4040 | Offsets against gross budget authority and outlays (total) | –37 | –26 | –21 |
4080 | Outlays, net (discretionary) | –37 | –26 | –21 |
4190 | Outlays, net (total) | –37 | –26 | –21 |
|
Status of Direct Loans (in millions of dollars)
|
||||
Identification code 86–4044–0–3–604 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Cumulative balance of direct loans outstanding: | ||||
1210 | Outstanding, start of year | 583 | 563 | 543 |
1251 | Repayments: Repayments and prepayments | –20 | –20 | –20 |
|
|
|
||
1290 | Outstanding, end of year | 563 | 543 | 523 |
|
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. The Budget proposes appropriation language in the general provisions at the end of this budget chapter to fully eliminate any authorities which mandate the transfer of excess resources from the Rental Housing Assistance Fund to the Flexible Subsidy Fund. These excess funds cannot be spent under existing law in either account, making the transfer unnecessary.
Balance Sheet (in millions of dollars)
|
|||
Identification code 86–4044–0–3–604 | 2010 actual | 2011 actual | |
|
|||
ASSETS: | |||
1101 | Federal assets: Fund balances with Treasury | 164 | 201 |
1601 | Direct loans, gross | 582 | 537 |
1602 | Interest receivable | 108 | 105 |
1603 | Allowance for estimated uncollectible loans and interest (-) | –617 | –573 |
|
|
||
1699 | Value of assets related to direct loans | 73 | 69 |
|
|
||
1999 | Total assets | 237 | 270 |
NET POSITION: | |||
3100 | Appropriated capital | –376 | –376 |
3300 | Cumulative results of operations | 613 | 646 |
|
|
||
3999 | Total net position | 237 | 270 |
|
|
||
4999 | Total liabilities and net position | 237 | 270 |
|
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0343–0–1–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
Credit program obligations: | ||||
0702 | Loan guarantee subsidy | 11 | ||
0709 | Administrative expenses | 1 | ||
|
|
|
||
0900 | Total new obligations | 11 | 1 | |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 469 | 459 | 458 |
Budget authority: | ||||
Spending authority from offsetting collections, mandatory: | ||||
1800 | Collected | 1 | ||
|
|
|
||
1850 | Spending auth from offsetting collections, mand (total) | 1 | ||
1900 | Budget authority (total) | 1 | ||
1930 | Total budgetary resources available | 470 | 459 | 458 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 459 | 458 | 458 |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 1 | 1 | 1 |
3030 | Obligations incurred, unexpired accounts | 11 | 1 | |
3040 | Outlays (gross) | –11 | –1 | |
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 1 | 1 | 1 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 1 | 1 | 1 |
|
||||
Budget authority and outlays, net: | ||||
Mandatory: | ||||
4090 | Budget authority, gross | 1 | ||
Outlays, gross: | ||||
4101 | Outlays from mandatory balances | 11 | 1 | |
Offsets against gross budget authority and outlays: | ||||
Offsetting collections (collected) from: | ||||
4120 | Federal sources | –1 | ||
4190 | Outlays, net (total) | 10 | 1 | |
|
Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)
|
||||
Identification code 86–0343–0–1–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Guaranteed loan levels supportable by subsidy budget authority: | ||||
215001 | HOPE for Homeowners Loan Guarantees | 101 | ||
|
|
|
||
215999 | Total loan guarantee levels | 101 | ||
Guaranteed loan subsidy (in percent): | ||||
232001 | HOPE for Homeowners Loan Guarantees | 10.90 | 0.00 | 0.00 |
|
|
|
||
232999 | Weighted average subsidy rate | 10.90 | 0.00 | 0.00 |
Guaranteed loan subsidy budget authority: | ||||
233001 | HOPE for Homeowners Loan Guarantees | 11 | ||
|
|
|
||
233999 | Total subsidy budget authority | 11 | ||
Guaranteed loan subsidy outlays: | ||||
234001 | HOPE for Homeowners Loan Guarantees | 11 | ||
|
|
|
||
234999 | Total subsidy outlays | 11 | ||
|
The HOPE for Homeowners (H4H) program was created by the Housing and Economic Recovery Act of 2008 (Act) to help homeowners at risk of default and foreclosure refinance into more affordable, sustainable loans. Under the H4H Program, eligible homeowners refinanced their current mortgage loans into a new mortgage insured by FHA. The program ended on September 30, 2011.
As required by the Federal Credit Reform Act of 1990, this account records the administrative expenses for this program, as well as the subsidy costs, associated with the loan guarantees committed.
Object Classification (in millions of dollars)
|
||||
Identification code 86–0343–0–1–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Direct obligations: | ||||
25.2 | Other services from non-Federal sources | 1 | ||
41.0 | Grants, subsidies, and contributions | 11 | ||
|
|
|
||
99.9 | Total new obligations | 11 | 1 | |
|
Program and Financing (in millions of dollars)
|
||||
Identification code 86–4353–0–3–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
Credit program obligations: | ||||
0711 | Default claim payments on principal | 1 | 1 | |
0712 | Default claim payments on interest | 1 | 1 | |
|
|
|
||
0900 | Total new obligations | 2 | 2 | |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 5 | 19 | 18 |
Financing authority: | ||||
Spending authority from offsetting collections, mandatory: | ||||
1800 | Collected | 14 | 1 | 1 |
|
|
|
||
1850 | Spending auth from offsetting collections, mand (total) | 14 | 1 | 1 |
1930 | Total budgetary resources available | 19 | 20 | 19 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 19 | 18 | 17 |
|
||||
Change in obligated balance: | ||||
3030 | Obligations incurred, unexpired accounts | 2 | 2 | |
3040 | Financing disbursements (gross) | –2 | –2 | |
|
||||
Financing authority and disbursements, net: | ||||
Mandatory: | ||||
4090 | Financing authority, gross | 14 | 1 | 1 |
Financing disbursements: | ||||
4110 | Financing disbursements, gross | 2 | 2 | |
Offsets against gross financing authority and disbursements: | ||||
Offsetting collections (collected) from: | ||||
4120 | Positive subsidy from HOPE Bonds | –11 | ||
4123 | Premiums | –3 | ||
4123 | Recoveries on defaults | –1 | –1 | |
|
|
|
||
4130 | Offsets against gross financing auth and disbursements (total) | –14 | –1 | –1 |
4170 | Financing disbursements, net (mandatory) | –14 | 1 | 1 |
4190 | Financing disbursements, net (total) | –14 | 1 | 1 |
|
Status of Guaranteed Loans (in millions of dollars)
|
||||
Identification code 86–4353–0–3–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Position with respect to appropriations act limitation on commitments: | ||||
2121 | Limitation available from carry-forward | 299,976 | ||
2142 | Uncommitted loan guarantee limitation | –299,875 | ||
2143 | Uncommitted limitation carried forward | |||
|
|
|
||
2150 | Total guaranteed loan commitments | 101 | ||
2199 | Guaranteed amount of guaranteed loan commitments | 101 | ||
|
||||
Cumulative balance of guaranteed loans outstanding: | ||||
2210 | Outstanding, start of year | 24 | 120 | 116 |
2231 | Disbursements of new guaranteed loans | 101 | ||
2251 | Repayments and prepayments | –5 | –2 | –2 |
2262 | Adjustments: Terminations for default that result in acquisition of property | –2 | –2 | |
|
|
|
||
2290 | Outstanding, end of year | 120 | 116 | 112 |
|
||||
Memorandum: | ||||
2299 | Guaranteed amount of guaranteed loans outstanding, end of year | 120 | 116 | 112 |
|
As required by the Federal Credit Reform Act of 1990, this non-budgetary account records all cash flows to and from the Government resulting from loans insured in 1992 and thereafter. The amounts in this account are considered a means of financing and are not included in the budget totals.
Balance Sheet (in millions of dollars)
|
|||
Identification code 86–4353–0–3–371 | 2010 actual | 2011 actual | |
|
|||
ASSETS: | |||
1101 | Federal assets: Fund balances with Treasury | 5 | 16 |
|
|
||
1999 | Total assets | 5 | 16 |
LIABILITIES: | |||
2204 | Non-Federal liabilities: Liabilities for loan guarantees | 5 | 16 |
|
|
||
4999 | Total liabilities and net position | 5 | 16 |
|
Program and Financing (in millions of dollars)
|
||||
Identification code 86–4071–0–3–604 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 4 | 4 | 4 |
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 4 | 4 | 4 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 4 | 4 | 4 |
|
The Nehemiah Grants program was authorized by the Housing and Community Development Act of 1987 to provide loans to eligible families to assist in the purchase of new or substantially rehabilitated units.
New commitments to guarantee single family loans insured under the Mutual Mortgage Insurance Fund shall not exceed $400,000,000,000, to remain available until September 30, [2013] 2014: Provided, That during fiscal year [2012] 2013, obligations to make direct loans to carry out the purposes of section 204(g) of the National Housing Act, as amended, shall not exceed $50,000,000: 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. For administrative contract expenses of the Federal Housing Administration, [$207,000,000] $215,000,000, to remain available until September 30, [2013] 2014, of which up to $71,500,000 may be transferred to and merged with the Working Capital Fund: Provided further, That to the extent guaranteed loan commitments exceed $200,000,000,000 on or before April 1, 2012, 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. (Department of Housing and Urban Development Appropriations Act, 2012.)
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0183–0–1–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
Credit program obligations: | ||||
0707 | Reestimates of loan guarantee subsidy | 5,829 | 11,790 | |
0708 | Interest on reestimates of loan guarantee subsidy | 1,772 | 3,069 | |
0709 | Administrative expenses | 113 | 135 | 142 |
|
|
|
||
0900 | Total new obligations | 7,714 | 14,994 | 142 |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1011 | Unobligated balance transfer from other accts [86–0236] | 4,375 | 4,685 | |
|
|
|
||
1050 | Unobligated balance (total) | 4,375 | 4,685 | |
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation - Administrative Expenses | 207 | 207 | 215 |
1120 | Transferred to other accounts [86–4586] | –71 | –72 | –72 |
1120 | Transferred to other accounts [86–0402] | –1 | –1 | |
|
|
|
||
1160 | Appropriation, discretionary (total) | 135 | 135 | 142 |
Appropriations, mandatory: | ||||
1200 | Appropriation | 688 | ||
|
|
|
||
1260 | Appropriations, mandatory (total) | 688 | ||
Spending authority from offsetting collections, mandatory: | ||||
1811 | Spending authority from offsetting collections transferred from other accounts [86–0236] | 3,226 | 9,486 | |
|
|
|
||
1850 | Spending auth from offsetting collections, mand (total) | 3,226 | 9,486 | |
1900 | Budget authority (total) | 3,361 | 10,309 | 142 |
1930 | Total budgetary resources available | 7,736 | 14,994 | 142 |
Memorandum (non-add) entries: | ||||
1940 | Unobligated balance expiring | –22 | ||
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 132 | 145 | 160 |
3030 | Obligations incurred, unexpired accounts | 7,714 | 14,994 | 142 |
3040 | Outlays (gross) | –7,693 | –14,979 | –136 |
3081 | Recoveries of prior year unpaid obligations, expired | –8 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 145 | 160 | 166 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 145 | 160 | 166 |
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 135 | 135 | 142 |
Outlays, gross: | ||||
4010 | Outlays from new discretionary authority | 7 | 14 | 14 |
4011 | Outlays from discretionary balances | 85 | 106 | 122 |
|
|
|
||
4020 | Outlays, gross (total) | 92 | 120 | 136 |
Mandatory: | ||||
4090 | Budget authority, gross | 3,226 | 10,174 | |
Outlays, gross: | ||||
4100 | Outlays from new mandatory authority | 3,226 | 10,174 | |
4101 | Outlays from mandatory balances | 4,375 | 4,685 | |
|
|
|
||
4110 | Outlays, gross (total) | 7,601 | 14,859 | |
4180 | Budget authority, net (total) | 3,361 | 10,309 | 142 |
4190 | Outlays, net (total) | 7,693 | 14,979 | 136 |
|
Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)
|
||||
Identification code 86–0183–0–1–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Direct loan levels supportable by subsidy budget authority: | ||||
115001 | MMI Fund, Direct loans | 50 | 50 | |
|
|
|
||
115999 | Total direct loan levels | 50 | 50 | |
Direct loan subsidy (in percent): | ||||
132001 | MMI Fund, Direct loans | 0.00 | 0.00 | 0.00 |
|
|
|
||
132999 | Weighted average subsidy rate | 0.00 | 0.00 | 0.00 |
|
||||
Guaranteed loan levels supportable by subsidy budget authority: | ||||
215002 | MMI Fund | 217,720 | 160,500 | 149,000 |
215004 | MMI HECM | 18,224 | 18,271 | 18,700 |
215007 | MMI Refi | 73 | 51,862 | 51,862 |
|
|
|
||
215999 | Total loan guarantee levels | 236,017 | 230,633 | 219,562 |
Guaranteed loan subsidy (in percent): | ||||
232002 | MMI Fund | –3.10 | –2.28 | –5.38 |
232004 | MMI HECM | –0.01 | –1.52 | –0.92 |
232007 | MMI Refi | 0.00 | 0.00 | 0.00 |
|
|
|
||
232999 | Weighted average subsidy rate | –2.86 | –1.71 | –3.73 |
Guaranteed loan subsidy budget authority: | ||||
233002 | MMI Fund | –6,738 | –3,659 | –8,016 |
233004 | MMI HECM | –2 | –278 | –172 |
|
|
|
||
233999 | Total subsidy budget authority | –6,740 | –3,937 | –8,188 |
Guaranteed loan subsidy outlays: | ||||
234002 | MMI Fund | –6,738 | –3,659 | –8,016 |
234004 | MMI HECM | –2 | –278 | –172 |
|
|
|
||
234999 | Total subsidy outlays | –6,740 | –3,937 | –8,188 |
Guaranteed loan upward reestimates: | ||||
235002 | MMI Fund | 7,035 | 14,793 | |
235004 | MMI HECM | 566 | 66 | |
|
|
|
||
235999 | Total upward reestimate budget authority | 7,601 | 14,859 | |
Guaranteed loan downward reestimates: | ||||
237002 | MMI Fund | –847 | –4,175 | |
237004 | MMI HECM | –1,352 | ||
|
|
|
||
237999 | Total downward reestimate subsidy budget authority | –847 | –5,527 | |
|
||||
Administrative expense data: | ||||
3510 | Budget authority | 135 | 135 | 142 |
3580 | Outlays from balances | 85 | 106 | 122 |
3590 | Outlays from new authority | 7 | 14 | 14 |
|
The Federal Housing Administration (FHA) provides mortgage insurance to encourage lenders to make credit available to borrowers for which 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 served broader populations, providing access as conventional financing became scarce.
In 2013, the Budget requests a limitation of $400 billion on loan guarantees for the Mutual Mortgage Insurance (MMI) Fund.
The Budget projects insurance of $149 billion in single family forward mortgages and $18.7 billion in Home Equity Conversion Mortgages (HECMs) with additional commitment authority available in case these amounts are exceeded during execution. In October 2010, FHA increased its annual premium by 0.25 percentage points and in April 2011 implemented another increase of this same size. The Temporary Payroll Tax Cut Continuation Act of 2011 (H.R. 3630) mandated a further increase in FHA's annual insurance premiums. In accordance with this legislation, FHA will soon implement a 0.1 percentage point increase to annual premiums for single family forward mortgages. Loans over $625,500 will pay an additional 0.25 percentage point annual premium. These increases will bolster FHA's capital reserves, accelerating the point at which FHA will regain compliance with its target capital reserve ratio. These increases also contribute to higher receipts generated by FHA's loan guarantee volume.
The Budget requests an increase in administrative expenses to $215 million, which will allow FHA to implement improved risk management systems critical for FHA's oversight of its insured portfolio.
As required by the Federal Credit Reform Act of 1990, this account records the subsidy costs, if any, associated with the loan guarantees committed in 1992 and thereafter. The subsidy amounts are estimated on a present value basis.
Object Classification (in millions of dollars)
|
||||
Identification code 86–0183–0–1–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Direct obligations: | ||||
25.2 | Other services from non-Federal sources | 113 | 135 | 142 |
41.0 | Grants, subsidies, and contributions | 5,829 | 11,790 | |
43.0 | Interest and dividends | 1,772 | 3,069 | |
|
|
|
||
99.9 | Total new obligations | 7,714 | 14,994 | 142 |
|
Program and Financing (in millions of dollars)
|
||||
Identification code 86–4242–0–3–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0003 | Claims & other | 4 | 4 | |
Credit program obligations: | ||||
0710 | Direct loan obligations | 50 | 50 | |
0713 | Payment of interest to Treasury | 2 | 2 | |
|
|
|
||
0791 | Direct program activities, subtotal | 52 | 52 | |
|
|
|
||
0900 | Total new obligations | 56 | 56 | |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 5 | 5 | 49 |
1023 | Unobligated balances applied to repay debt | –5 | –49 | |
|
|
|
||
1050 | Unobligated balance (total) | 5 | ||
Financing authority: | ||||
Borrowing authority, mandatory: | ||||
1400 | Borrowing authority | 50 | 50 | |
|
|
|
||
1440 | Borrowing authority, mandatory (total) | 50 | 50 | |
Spending authority from offsetting collections, mandatory: | ||||
1800 | Collected | 55 | 55 | |
|
|
|
||
1850 | Spending auth from offsetting collections, mand (total) | 55 | 55 | |
1900 | Financing authority(total) | 105 | 105 | |
1930 | Total budgetary resources available | 5 | 105 | 105 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 5 | 49 | 49 |
|
||||
Change in obligated balance: | ||||
3030 | Obligations incurred, unexpired accounts | 56 | 56 | |
3040 | Financing disbursements (gross) | –56 | –56 | |
|
||||
Financing authority and disbursements, net: | ||||
Mandatory: | ||||
4090 | Financing authority, gross | 105 | 105 | |
Financing disbursements: | ||||
4110 | Financing disbursements, gross | 56 | 56 | |
Offsets against gross financing authority and disbursements: | ||||
Offsetting collections (collected) from: | ||||
4122 | Interest on uninvested funds | –1 | –1 | |
4123 | Repayment of Principal | –50 | –50 | |
4123 | Repayment of interest | –4 | –4 | |
|
|
|
||
4130 | Offsets against gross financing auth and disbursements (total) | –55 | –55 | |
|
|
|
||
4160 | Financing authority, net (mandatory) | 50 | 50 | |
4170 | Financing disbursements, net (mandatory) | 1 | 1 | |
4180 | Financing authority, net (total) | 50 | 50 | |
4190 | Financing disbursements, net (total) | 1 | 1 | |
|
Status of Direct Loans (in millions of dollars)
|
||||
Identification code 86–4242–0–3–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Position with respect to appropriations act limitation on obligations: | ||||
1111 | Limitation on direct loans | 50 | 50 | 50 |
1142 | Unobligated direct loan limitation (-) | –50 | ||
|
|
|
||
1150 | Total direct loan obligations | 50 | 50 | |
|
||||
Cumulative balance of direct loans outstanding: | ||||
1210 | Outstanding, start of year | |||
1231 | Disbursements: Direct loan disbursements | 50 | 50 | |
1251 | Repayments: Repayments and prepayments | –50 | –50 | |
|
|
|
||
1290 | Outstanding, end of year | |||
|
As required by the Federal Credit Reform Act of 1990, this non-budgetary account records all cash flows to and from the Government resulting from direct loans obligated in 1992 and thereafter (including modifications of direct loans that resulted from obligations in any year). The amounts in this account are a means of financing and are not included in the budget totals.
The 2013 direct loan limitation of $50 million in the MMI Fund would permit the Department to use Purchase Money Mortgages (PMMs) to help finance the sale of acquired single family properties. HUD would extend credit for these single family homes to community non-profit organizations or local government entities, which would be expected to sell the properties to low- and moderate-income buyers. The use of PMMs provides a tool for State and local non-profit organizations to use in revitalizing communities, and creates enhanced homeownership opportunities for low- and moderate-income families.
Balance Sheet (in millions of dollars)
|
|||
Identification code 86–4242–0–3–371 | 2010 actual | 2011 actual | |
|
|||
ASSETS: | |||
1101 | Federal assets: Fund balances with Treasury | 5 | 5 |
1405 | Net value of assets related to post-1991 direct loans receivable: Allowance for subsidy cost (-) | –4 | –4 |
|
|
||
1999 | Total assets | 1 | 1 |
LIABILITIES: | |||
2103 | Federal liabilities: Federal Liabilities - Debt | 1 | 1 |
|
|
||
4999 | Total liabilities and net position | 1 | 1 |
|
Program and Financing (in millions of dollars)
|
||||
Identification code 86–4587–0–3–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0003 | Other capital investment & operating expenses | 2,206 | 3,873 | 4,107 |
Credit program obligations: | ||||
0711 | Default claim payments on principal | 12,935 | 32,787 | 29,275 |
0712 | Default claim payments on interest | 1,437 | ||
0713 | Payment of interest to Treasury | 236 | 191 | 301 |
0740 | Negative subsidy obligations | 6,740 | 3,937 | 8,188 |
0742 | Downward reestimate paid to receipt account | 815 | 5,230 | |
0743 | Interest on downward reestimates | 33 | 297 | |
|
|
|
||
0791 | Direct program activities, subtotal | 22,196 | 42,442 | 37,764 |
|
|
|
||
0900 | Total new obligations | 24,402 | 46,315 | 41,871 |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 27,321 | 27,045 | 22,862 |
1021 | Recoveries of prior year unpaid obligations | 18 | ||
|
|
|
||
1050 | Unobligated balance (total) | 27,339 | 27,045 | 22,862 |
Financing authority: | ||||
Borrowing authority, mandatory: | ||||
1400 | Borrowing authority | 3,010 | 5,200 | |
|
|
|
||
1440 | Borrowing authority, mandatory (total) | 3,010 | 5,200 | |
Spending authority from offsetting collections, mandatory: | ||||
1800 | Offsetting collections | 22,913 | 37,982 | 30,486 |
1825 | Spending authority from offsetting collections applied to repay debt | –1,815 | –1,050 | –1,050 |
|
|
|
||
1850 | Spending auth from offsetting collections, mand (total) | 21,098 | 36,932 | 29,436 |
1900 | Financing authority(total) | 24,108 | 42,132 | 29,436 |
1930 | Total budgetary resources available | 51,447 | 69,177 | 52,298 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 27,045 | 22,862 | 10,427 |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 1,558 | 2,007 | 5,852 |
3030 | Obligations incurred, unexpired accounts | 24,402 | 46,315 | 41,871 |
3040 | Financing disbursements (gross) | –23,935 | –42,470 | –44,930 |
3080 | Recoveries of prior year unpaid obligations, unexpired | –18 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 2,007 | 5,852 | 2,793 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 2,007 | 5,852 | 2,793 |
|
||||
Financing authority and disbursements, net: | ||||
Mandatory: | ||||
4090 | Financing authority, gross | 24,108 | 42,132 | 29,436 |
Financing disbursements: | ||||
4110 | Financing disbursements, gross | 23,935 | 42,470 | 44,930 |
Offsets against gross financing authority and disbursements: | ||||
Offsetting collections (collected) from: | ||||
4120 | Transfer of Reestimates from reserves in Capital Reserve account | –7,601 | –14,859 | |
4122 | Interest on uninvested funds | –1,259 | –680 | –575 |
4123 | Fees and premiums | –7,860 | –11,267 | –12,538 |
4123 | Recoveries on defaults | –6,193 | –11,176 | –17,373 |
|
|
|
||
4130 | Offsets against gross financing auth and disbursements (total) | –22,913 | –37,982 | –30,486 |
|
|
|
||
4160 | Financing authority, net (mandatory) | 1,195 | 4,150 | –1,050 |
4170 | Financing disbursements, net (mandatory) | 1,022 | 4,488 | 14,444 |
4180 | Financing authority, net (total) | 1,195 | 4,150 | –1,050 |
4190 | Financing disbursements, net (total) | 1,022 | 4,488 | 14,444 |
|
Status of Guaranteed Loans (in millions of dollars)
|
||||
Identification code 86–4587–0–3–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Position with respect to appropriations act limitation on commitments: | ||||
2111 | Limitation on guaranteed loans made by private lenders | 400,000 | 400,000 | 400,000 |
2142 | Uncommitted loan guarantee limitation | –163,983 | –169,367 | –180,438 |
|
|
|
||
2150 | Total guaranteed loan commitments | 236,017 | 230,633 | 219,562 |
2199 | Guaranteed amount of guaranteed loan commitments | 236,017 | 230,633 | 219,562 |
|
||||
Cumulative balance of guaranteed loans outstanding: | ||||
2210 | Outstanding, start of year | 901,203 | 1,038,170 | 1,136,441 |
2231 | Disbursements of new guaranteed loans | 229,142 | 230,633 | 219,562 |
2251 | Repayments and prepayments | –77,785 | –99,459 | –82,701 |
Adjustments: | ||||
2261 | Terminations for default that result in loans receivable | –346 | –708 | –756 |
2262 | Terminations for default that result in acquisition of property | –11,951 | –30,625 | –26,912 |
2263 | Terminations for default that result in claim payments | –2,093 | –1,570 | –1,847 |
|
|
|
||
2290 | Outstanding, end of year | 1,038,170 | 1,136,441 | 1,243,787 |
|
||||
Memorandum: | ||||
2299 | Guaranteed amount of guaranteed loans outstanding, end of year | 1,038,170 | 1,136,441 | 1,243,787 |
|
||||
Addendum: | ||||
Cumulative balance of defaulted guaranteed loans that result in loans receivable: | ||||
2310 | Outstanding, start of year | 728 | 1,142 | 758 |
2331 | Disbursements for guaranteed loan claims | 788 | 708 | 756 |
2351 | Repayments of loans receivable | –10 | –255 | –220 |
2361 | Write-offs of loans receivable | –364 | –837 | –837 |
|
|
|
||
2390 | Outstanding, end of year | 1,142 | 758 | 457 |
|
As required by the Federal Credit Reform Act of 1990, this non-budgetary account records all cash flows to and from the Government resulting from loans insured in 1992 and thereafter. The amounts in this account are considered a means of financing and are not included in the budget totals.
Balance Sheet (in millions of dollars)
|
|||
Identification code 86–4587–0–3–371 | 2010 actual | 2011 actual | |
|
|||
ASSETS: | |||
Federal assets: | |||
1101 | Fund balances with Treasury | 28,878 | 29,051 |
Investments in US securities: | |||
1106 | Receivables, net | 3,542 | 9,725 |
Non-Federal assets: | |||
1201 | Investments in non-Federal securities, net | 7 | 4 |
1206 | Receivables, net | 400 | 505 |
Net value of assets related to post-1991 acquired defaulted guaranteed loans receivable: | |||
1501 | Defaulted guaranteed loans receivable, gross | 728 | 1,142 |
1502 | Interest receivable | 4 | |
1504 | Foreclosed property | 6,833 | 5,200 |
1505 | Allowance for subsidy cost | –4,282 | –3,866 |
|
|
||
1599 | Net value of assets related to defaulted guaranteed loan | 3,279 | 2,480 |
1901 | Other Federal assets: Other assets | 270 | 267 |
|
|
||
1999 | Total assets | 36,376 | 42,032 |
LIABILITIES: | |||
Federal liabilities: | |||
2101 | Accounts payable | 6,886 | 8,736 |
2103 | Federal liabilities, Debt | 2,390 | 3,585 |
Non-Federal liabilities: | |||
2201 | Accounts payable | 586 | 692 |
2204 | Liabilities for loan guarantees | 26,028 | 28,442 |
2207 | Other | 486 | 577 |
|
|
||
2999 | Total liabilities | 36,376 | 42,032 |
|
|
||
4999 | Total upward reestimate subsidy BA [86–0183] | 36,376 | 42,032 |
|
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0236–0–1–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 4,375 | 4,685 | |
1010 | Unobligated balance transfer to other accts [86–0183] | –4,375 | –4,685 | |
Budget authority: | ||||
Spending authority from offsetting collections, mandatory: | ||||
1800 | Offsetting collections (negative subsidy) | 6,739 | 3,937 | 8,188 |
1800 | Offsetting collections (interest on investments) | 329 | 22 | 152 |
1800 | Offsetting collections (downward reestimate) | 847 | 5,527 | |
1801 | Change in uncollected payments, Federal sources | –4 | ||
1810 | Spending authority from offsetting collections transferred to other accounts [86–0183] | –3,226 | –9,486 | |
|
|
|
||
1850 | Spending auth from offsetting collections, mand (total) | 4,685 | 8,340 | |
1930 | Total budgetary resources available | 4,685 | 8,340 | |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 4,685 | 8,340 | |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3010 | Uncollected pymts, Fed sources, brought forward, Oct 1 | –23 | –19 | –19 |
3050 | Change in uncollected pymts, Fed sources, unexpired | 4 | ||
Obligated balance, end of year (net): | ||||
3091 | Uncollected pymts, Fed sources, end of year | –19 | –19 | –19 |
|
|
|
||
3100 | Obligated balance, end of year (net) | –19 | –19 | –19 |
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
Offsets against gross budget authority and outlays: | ||||
Offsetting collections (collected) from: | ||||
4030 | Federal sources - Negative Subsidy from New Business | –6,739 | –3,937 | –8,188 |
Mandatory: | ||||
4090 | Budget authority, gross | 4,685 | 8,340 | |
Offsets against gross budget authority and outlays: | ||||
Offsetting collections (collected) from: | ||||
4120 | Federal sources - Downward Reestimate | –847 | –5,527 | |
4121 | Interest on Federal securities | –329 | –22 | –152 |
|
|
|
||
4130 | Offsets against gross budget authority and outlays (total) | –1,176 | –5,549 | –152 |
Additional offsets against gross budget authority only: | ||||
4140 | Change in uncollected pymts, Fed sources, unexpired | 4 | ||
|
|
|
||
4160 | Budget authority, net (mandatory) | 3,513 | –5,549 | 8,188 |
4170 | Outlays, net (mandatory) | –1,176 | –5,549 | –152 |
4180 | Budget authority, net (total) | –3,226 | –9,486 | |
4190 | Outlays, net (total) | –7,915 | –9,486 | –8,340 |
|
||||
Memorandum (non-add) entries: | ||||
5000 | Total investments, SOY: Federal securities: Par value | 4,194 | 4,157 | |
5001 | Total investments, EOY: Federal securities: Par value | 4,157 | 7,529 | |
|
In 2002, a Capital Reserve account was established for the Mutual Mortgage Insurance Fund. Financial reserves, including securities, of the MMI Fund were transferred from the liquidating account to the Capital Reserve account. In 2003, this mandatory account started earning interest on Treasury investments, collecting negative subsidy and downward re-estimates from the Financing account, and paying upward re-estimates to the Program account. As such, this account is the ultimate depository for all resources collected by the MMI Fund. The amount of reserves held in this account fluctuates with changes in economic conditions, loan performance, and other factors that cause actual reserve levels in the future to vary from projections. Based on current forecasts, the Budget projects the Capital Reserve will grow significantly starting in 2013 and the capital reserve ratio will reach the target level of 2 percent in 2015. The Liquidating account now only reflects cash flows related to pre-1992 books of business.
Balance Sheet (in millions of dollars)
|
|||
Identification code 86–0236–0–1–371 | 2010 actual | 2011 actual | |
|
|||
ASSETS: | |||
Federal assets: | |||
1101 | Fund balances with Treasury | 266 | 266 |
Investments in US securities: | |||
1102 | Treasury securities, net | 4,127 | 4,127 |
1106 | Receivables, net | 6,908 | 6,908 |
|
|
||
1999 | Total assets | 11,301 | 11,301 |
LIABILITIES: | |||
2101 | Federal liabilities: Accounts payable | 3,542 | 3,542 |
NET POSITION: | |||
3300 | Cumulative results of operations | 7,759 | 7,759 |
|
|
||
4999 | Total liabilities and net position | 11,301 | 11,301 |
|
Program and Financing (in millions of dollars)
|
||||
Identification code 86–4070–0–3–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0103 | Acquisition of real properties | 26 | 18 | 12 |
0107 | Capitalized expenses | 16 | 1 | 1 |
0108 | Loss mitigation activities | 5 | 2 | 1 |
|
|
|
||
0191 | Total capital investment | 47 | 21 | 14 |
0202 | Other Operation expenses | 7 | 1 | 2 |
|
|
|
||
0900 | Total new obligations | 54 | 22 | 16 |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 36 | 19 | 6 |
1021 | Recoveries of prior year unpaid obligations | 17 | ||
|
|
|
||
1050 | Unobligated balance (total) | 53 | 19 | 6 |
Budget authority: | ||||
Spending authority from offsetting collections, mandatory: | ||||
1800 | Collected | 20 | 9 | 12 |
|
|
|
||
1850 | Spending auth from offsetting collections, mand (total) | 20 | 9 | 12 |
1930 | Total budgetary resources available | 73 | 28 | 18 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 19 | 6 | 2 |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 169 | 154 | 107 |
3030 | Obligations incurred, unexpired accounts | 54 | 22 | 16 |
3040 | Outlays (gross) | –52 | –69 | –64 |
3080 | Recoveries of prior year unpaid obligations, unexpired | –17 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 154 | 107 | 59 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 154 | 107 | 59 |
|
||||
Budget authority and outlays, net: | ||||
Mandatory: | ||||
4090 | Budget authority, gross | 20 | 9 | 12 |
Outlays, gross: | ||||
4100 | Outlays from new mandatory authority | 1 | 9 | 12 |
4101 | Outlays from mandatory balances | 51 | 60 | 52 |
|
|
|
||
4110 | Outlays, gross (total) | 52 | 69 | 64 |
Offsets against gross budget authority and outlays: | ||||
Offsetting collections (collected) from: | ||||
4123 | Non-Federal sources - Fees & Premiums | –5 | –3 | |
4123 | Non-Federal sources - Recoveries | –20 | –4 | –9 |
|
|
|
||
4130 | Offsets against gross budget authority and outlays (total) | –20 | –9 | –12 |
4170 | Outlays, net (mandatory) | 32 | 60 | 52 |
4190 | Outlays, net (total) | 32 | 60 | 52 |
|
Status of Guaranteed Loans (in millions of dollars)
|
||||
Identification code 86–4070–0–3–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Cumulative balance of guaranteed loans outstanding: | ||||
2210 | Outstanding, start of year | 5,135 | 4,602 | 3,608 |
2251 | Repayments and prepayments | –507 | –977 | –977 |
Adjustments: | ||||
2262 | Terminations for default that result in acquisition of property | –26 | –16 | –10 |
2263 | Terminations for default that result in claim payments | –1 | –1 | |
|
|
|
||
2290 | Outstanding, end of year | 4,602 | 3,608 | 2,620 |
|
||||
Memorandum: | ||||
2299 | Guaranteed amount of guaranteed loans outstanding, end of year | 4,602 | 3,608 | 2,620 |
|
||||
Addendum: | ||||
Cumulative balance of defaulted guaranteed loans that result in loans receivable: | ||||
2310 | Outstanding, start of year | 16 | 17 | 15 |
2331 | Disbursements for guaranteed loan claims | 2 | 1 | 1 |
2351 | Repayments of loans receivable | –1 | –2 | –2 |
2361 | Write-offs of loans receivable | –1 | –1 | |
|
|
|
||
2390 | Outstanding, end of year | 17 | 15 | 13 |
|
The Federal Housing Administration Fund currently consists of four separate insurance funds.
In order to present more clearly the operations of the various funds, FHA's budget transactions are separated into two major business segments. The basic single family insurance programs, including the Condominium, Section 203(k) rehabilitation, and Home Equity Conversion Mortgage programs, in the Mutual Mortgage Insurance (MMI) fund and the multifamily Cooperative Management Housing Insurance (CMHI) funds form one segment. All other multifamily and other specialized insurance programs are in the General Insurance and Special Risk Insurance funds (GI/SRI) .
The Federal Credit Reform Act of 1990 creates a structure of three accounts for existing credit programs. For each of the FHA business segments (MMI/CMHI and GI/SRI) there is a liquidating account, which records the revenues and costs associated with loan insurance committed prior to October 1, 1991; a financing account which records the revenues and costs associated with commitments to insure loans made after September 30, 1991; and, a program account which records the transactions associated with the program subsidy costs, if any, and the costs of administering the program.
This liquidating account records, for this program, all cash flows to and from the Government resulting from MMI/CMHI loans insured prior to 1992 and is shown on a cash basis. All new activity in this program in 1992 and thereafter (including modifications of loans insured in any year) is recorded in the corresponding program (86–0183) and financing (86–4587 and 86–4242) accounts.
In 2002, the MMI Capital Reserve account was established to maintain reserves required by statute that were previously deposited in the liquidating account.
The program activity in the "Program Highlights'' table shown below reflects only the activity in the MMI/CMHI liquidating and financing accounts. The GI/SRI program activity can be found with the GI/SRI liquidating account (86–4072) and financing account (86–4077).
Program Highlights (in millions of dollars)
|
|||
2011 actual | 2012 est. | 2013 est. | |
|
|||
Mortgage Insurance Written (in fiscal year): | |||
Purchase and Refinance | $217,720 | $160,500 | $149,000 |
Home Equity Conversion Mortgages (Maximum Claim Amounts) | $18,224 | $18,271 | $18,700 |
Loans: | |||
Purchase and Refinance | 1,196,620 | 868,868 | 794,347 |
Home Equity Conversion Mortgages | 73,129 | 75.027 | 75,000 |
|
Financial condition._The following tables reflect the revenues, expenses and financial condition of the MMI/CMHI liquidating funds based on Generally Accepted Accounting Principles.
Balance Sheet (in millions of dollars)
|
|||
Identification code 86–4070–0–3–371 | 2010 actual | 2011 actual | |
|
|||
ASSETS: | |||
1101 | Federal assets: Fund balances with Treasury | 206 | 174 |
1206 | Non-Federal assets: Receivables, net | 2 | 3 |
1701 | Defaulted guaranteed loans, gross | 16 | 17 |
1703 | Allowance for estimated uncollectible loans and interest (-) | –9 | –15 |
|
|
||
1704 | Defaulted guaranteed loans and interest receivable, net | 7 | 2 |
1706 | Foreclosed property | 16 | 5 |
|
|
||
1799 | Value of assets related to loan guarantees | 23 | 7 |
1901 | Other Federal assets: Other assets | 1 | 1 |
|
|
||
1999 | Total assets | 232 | 185 |
LIABILITIES: | |||
Non-Federal liabilities: | |||
2201 | Accounts payable | 146 | 145 |
2204 | Liabilities for loan guarantees | 10 | 18 |
2207 | Unearned revenue and advances, and other | 12 | 11 |
|
|
||
2999 | Total liabilities | 168 | 174 |
NET POSITION: | |||
3300 | Cumulative results of operations | 64 | 11 |
|
|
||
4999 | Total liabilities and net position | 232 | 185 |
|
Object Classification (in millions of dollars)
|
||||
Identification code 86–4070–0–3–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Direct obligations: | ||||
25.2 | Other services from non-Federal sources | 24 | 3 | 3 |
32.0 | Land and structures | 26 | 16 | 10 |
42.0 | Insurance claims and indemnities | 4 | 3 | 3 |
|
|
|
||
99.9 | Total new obligations | 54 | 22 | 16 |
|
[During fiscal year 2012,] New commitments to guarantee loans [incurred] 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 $25,000,000,000 in total loan principal, any part of which is to be guaranteed, to remain available until September 30, 2014: Provided, That during fiscal year 2013,[.Gross] gross obligations for the principal amount of direct loans, as authorized by sections 204(g), 207(l), 238, and 519(a) of the National Housing Act, shall not exceed $20,000,000, 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. (Department of Housing and Urban Development Appropriations Act, 2012.)
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0200–0–1–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
Credit program obligations: | ||||
0702 | Loan guarantee subsidy | 2 | 6 | |
0707 | Reestimates of loan guarantee subsidy | 2,088 | 523 | |
0708 | Interest on reestimates of loan guarantee subsidy | 936 | 223 | |
|
|
|
||
0900 | Total new obligations (object class 41.0) | 3,026 | 752 | |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 10 | 17 | 11 |
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 9 | ||
|
|
|
||
1160 | Appropriation, discretionary (total) | 9 | ||
Appropriations, mandatory: | ||||
1200 | Appropriation | 3,024 | 746 | |
|
|
|
||
1260 | Appropriations, mandatory (total) | 3,024 | 746 | |
1900 | Budget authority (total) | 3,033 | 746 | |
1930 | Total budgetary resources available | 3,043 | 763 | 11 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 17 | 11 | 11 |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 27 | 17 | 9 |
3030 | Obligations incurred, unexpired accounts | 3,026 | 752 | |
3040 | Outlays (gross) | –3,031 | –760 | –9 |
3081 | Recoveries of prior year unpaid obligations, expired | –5 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 17 | 9 | |
|
|
|
||
3100 | Obligated balance, end of year (net) | 17 | 9 | |
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 9 | ||
Outlays, gross: | ||||
4010 | Outlays from new discretionary authority | 1 | ||
4011 | Outlays from discretionary balances | 6 | 14 | 9 |
|
|
|
||
4020 | Outlays, gross (total) | 7 | 14 | 9 |
Mandatory: | ||||
4090 | Budget authority, gross | 3,024 | 746 | |
Outlays, gross: | ||||
4100 | Outlays from new mandatory authority | 3,024 | 746 | |
4180 | Budget authority, net (total) | 3,033 | 746 | |
4190 | Outlays, net (total) | 3,031 | 760 | 9 |
|
Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)
|
||||
Identification code 86–0200–0–1–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Direct loan levels supportable by subsidy budget authority: | ||||
115001 | GI/SRI Direct Loans | 1 | 1 | |
|
|
|
||
115999 | Total direct loan levels | 1 | 1 | |
Direct loan subsidy (in percent): | ||||
132001 | GI/SRI Direct Loans | 0.00 | 0.00 | 0.00 |
|
|
|
||
132999 | Weighted average subsidy rate | 0.00 | 0.00 | 0.00 |
|
||||
Guaranteed loan levels supportable by subsidy budget authority: | ||||
215001 | Multifamily Development | 2,359 | 2,500 | 2,525 |
215002 | 221(d)(3) Cooperatives | 35 | ||
215003 | Tax Credit New Construction | 1,074 | 1,264 | 1,322 |
215004 | 238(c) Military Impact Area | 66 | 65 | |
215005 | Apartments Refinance | 9,052 | 6,176 | 5,457 |
215006 | 241 Supplemental Loans | 20 | 18 | |
215007 | Multifamily Operating Loss Loans | 2 | 2 | |
215008 | Housing Finance Authority Risk Sharing | 125 | 233 | 233 |
215009 | GSE Risk Sharing | 46 | 100 | 100 |
215010 | Health Care and Nursing Homes | 274 | 763 | 512 |
215011 | Health Care Refinances | 3,415 | 6,885 | 4,626 |
215012 | Hospitals | 392 | 500 | 1,078 |
215013 | Other Rental | 229 | 626 | 461 |
215017 | Title 1 Property Improvement | 79 | 90 | 97 |
215018 | Title 1 Manufactured Housing | 42 | 28 | 24 |
|
|
|
||
215999 | Total loan guarantee levels | 17,175 | 19,285 | 16,435 |
Guaranteed loan subsidy (in percent): | ||||
232001 | Multifamily Development | –1.91 | –1.09 | –2.45 |
232002 | 221(d)(3) Cooperatives | 0.00 | 11.81 | 0.00 |
232003 | Tax Credit New Construction | –3.45 | –2.30 | –3.15 |
232004 | 238(c) Military Impact Area | 0.04 | 0.45 | 0.00 |
232005 | Apartments Refinance | –3.41 | –2.17 | –4.66 |
232006 | 241 Supplemental Loans | 5.40 | 5.01 | 0.00 |
232007 | Multifamily Operating Loss Loans | 21.63 | 20.57 | 0.00 |
232008 | Housing Finance Authority Risk Sharing | –1.42 | –0.99 | –3.41 |
232009 | GSE Risk Sharing | –1.43 | –0.99 | –2.15 |
232010 | Health Care and Nursing Homes | –0.71 | –1.34 | –2.51 |
232011 | Health Care Refinances | –1.53 | –1.96 | –4.45 |
232012 | Hospitals | –3.67 | –3.82 | –6.56 |
232013 | Other Rental | –3.10 | –1.70 | –0.37 |
232017 | Title 1 Property Improvement | –0.76 | –0.67 | 0.00 |
232018 | Title 1 Manufactured Housing | –0.99 | –2.14 | –2.58 |
|
|
|
||
232999 | Weighted average subsidy rate | –2.73 | –1.89 | –4.01 |
Guaranteed loan subsidy budget authority: | ||||
233001 | Multifamily Development | –45 | –27 | –62 |
233002 | 221(d)(3) Cooperatives | 4 | ||
233003 | Tax Credit New Construction | –37 | –29 | –42 |
233005 | Apartments Refinance | –309 | –134 | –254 |
233006 | 241 Supplemental Loans | 1 | 1 | |
233007 | Multifamily Operating Loss Loans | 1 | 1 | |
233008 | Housing Finance Authority Risk Sharing | –2 | –2 | –8 |
233009 | GSE Risk Sharing | –1 | –1 | –2 |
233010 | Health Care and Nursing Homes | –2 | –10 | –13 |
233011 | Health Care Refinances | –52 | –135 | –206 |
233012 | Hospitals | –14 | –19 | –71 |
233013 | Other Rental | –7 | –11 | –2 |
233017 | Title 1 Property Improvement | –1 | –1 | |
233018 | Title 1 Manufactured Housing | –1 | –1 | |
|
|
|
||
233999 | Total subsidy budget authority | –468 | –364 | –661 |
Guaranteed loan subsidy outlays: | ||||
234001 | Multifamily Development | –42 | –28 | –53 |
234002 | 221(d)(3) Cooperatives | 3 | ||
234003 | Tax Credit New Construction | –41 | –30 | –39 |
234005 | Apartments Refinance | –264 | –179 | –224 |
234006 | 241 Supplemental Loans | 1 | 1 | |
234007 | Multifamily Operating Loss Loans | 1 | 1 | |
234008 | Housing Finance Authority Risk Sharing | –2 | –2 | –7 |
234009 | GSE Risk Sharing | –1 | –1 | –2 |
234010 | Health Care and Nursing Homes | –16 | –8 | –12 |
234011 | Health Care Refinances | –72 | –114 | –188 |
234012 | Hospitals | –44 | –23 | –58 |
234013 | Other Rental | –9 | –9 | –4 |
234017 | Title 1 Property Improvement | –1 | –1 | |
234018 | Title 1 Manufactured Housing | –1 | –1 | |
|
|
|
||
234999 | Total subsidy outlays | –491 | –391 | –587 |
Guaranteed loan upward reestimates: | ||||
235023 | GI/SRI Reestimates | 3,024 | 746 | |
|
|
|
||
235999 | Total upward reestimate budget authority | 3,024 | 746 | |
Guaranteed loan downward reestimates: | ||||
237023 | GI/SRI Reestimates | –542 | –2,216 | |
|
|
|
||
237999 | Total downward reestimate subsidy budget authority | –542 | –2,216 | |
|
This account includes credit subsidy budget authority and outlays for FHA's General Insurance and Special Risk Insurance Fund programs , including reestimates and modifications. These programs provide mortgage insurance for a variety of purposes including financing for the development or rehabilitation of multifamily housing, nursing homes, and hospitals. The Budget does not request an appropriation of new credit subsidy funds and assumes that HUD will administratively suspend or modify the execution for programs that previously required a positive credit subsidy appropriation so that appropriations will not be required in the future. The Budget assumes that HUD will administratively suspend the Section 238(c) program for single family lending in military impact areas in 2012. For 2013, the Budget assumes that HUD will suspend issuance of new insurance on two other types of loans that currently require positive credit subsidy: Section 221(d)(3) multifamily housing loans for projects with non-profit sponsors and Section 223(d) operating loss loans to multifamily housing projects with a primary FHA mortgage. Neither suspension is expected to have a detrimental impact on the production and preservation of rental housing. The Budget continues Section 223(d) operating loss loans to healthcare facilities with a primary Section 232 mortgage and Section 241(a) supplemental loans to FHA-financed multifamily housing, but beginning in 2013 these loans will be reported under the budget risk category of the primary FHA mortgage.
Credit subsidy rates for 2013 reflect mortgage insurance premium increases for newly insured market rate multifamily housing and healthcare facility loans. The Budget proposes increases of 20 basis points for 221(d)(4) loans, 5 basis points on 223(a)(7) refinances of current FHA loans, and 15 basis points on all other types of healthcare and multifamily loans. These premium increases will not apply to affordable housing projects, such as those receiving Federal rental subsidies, low-income housing tax credits, or involving FHA risk-sharing agreements.
As required by the Federal Credit Reform Act of 1990, this account records the subsidy costs associated with loan guarantees committed or direct loans obligated in 1992 and thereafter. The subsidy amounts are estimated on a present value basis. This account no longer includes appropriations for administrative contract costs, which were moved to the MMI Fund in 2010.
Program and Financing (in millions of dollars)
|
||||
Identification code 86–4077–0–3–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Capital investment, claims and other | ||||
0003 | Other capital investments and operating expenses | 83 | 115 | 38 |
0014 | Contract Costs | 56 | 84 | 29 |
|
|
|
||
0091 | Subtotal | 139 | 199 | 67 |
Credit program obligations: | ||||
0711 | Default claim payments on principal | 1,619 | 2,924 | 2,326 |
0712 | Default claim payments on interest | 180 | 324 | 263 |
0713 | Payment of interest to Treasury | 176 | 175 | 175 |
0740 | Negative subsidy obligations | 470 | 370 | 661 |
0741 | Modification savings | 39 | ||
0742 | Downward reestimate paid to receipt account | 240 | 1,723 | |
0743 | Interest on downward reestimates | 302 | 494 | |
|
|
|
||
0791 | Direct program activities, subtotal | 3,026 | 6,010 | 3,425 |
|
|
|
||
0900 | Total new obligations | 3,165 | 6,209 | 3,492 |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 7,319 | 9,181 | 6,921 |
1020 | Adjustment of unobligated bal brought forward, Oct 1 | –13 | ||
1021 | Recoveries of prior year unpaid obligations | 8 | ||
1023 | Unobligated balances applied to repay debt | –3 | ||
|
|
|
||
1050 | Unobligated balance (total) | 7,311 | 9,181 | 6,921 |
Financing authority: | ||||
Appropriations, mandatory: | ||||
1200 | Appropriation | 3 | ||
|
|
|
||
1260 | Appropriations, mandatory (total) | 3 | ||
Borrowing authority, mandatory: | ||||
1400 | Borrowing authority | 828 | 800 | 800 |
|
|
|
||
1440 | Borrowing authority, mandatory (total) | 828 | 800 | 800 |
Spending authority from offsetting collections, mandatory: | ||||
1800 | Collected | 4,941 | 3,349 | 2,300 |
1801 | Change in uncollected payments, Federal sources | 1 | ||
1820 | Capital transfer of spending authority from offsetting collections to general fund | –2 | ||
1825 | Spending authority from offsetting collections applied to repay debt | –736 | –200 | –200 |
|
|
|
||
1850 | Spending auth from offsetting collections, mand (total) | 4,204 | 3,149 | 2,100 |
1900 | Financing authority(total) | 5,035 | 3,949 | 2,900 |
1930 | Total budgetary resources available | 12,346 | 13,130 | 9,821 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 9,181 | 6,921 | 6,329 |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 333 | 312 | 273 |
3010 | Uncollected pymts, Fed sources, brought forward, Oct 1 | –1 | –1 | |
|
|
|
||
3020 | Obligated balance, start of year (net) | 333 | 311 | 272 |
3030 | Obligations incurred, unexpired accounts | 3,165 | 6,209 | 3,492 |
3040 | Financing disbursements (gross) | –3,178 | –6,248 | –3,493 |
3050 | Change in uncollected pymts, Fed sources, unexpired | –1 | ||
3080 | Recoveries of prior year unpaid obligations, unexpired | –8 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 312 | 273 | 272 |
3091 | Uncollected pymts, Fed sources, end of year | –1 | –1 | –1 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 311 | 272 | 271 |
|
||||
Financing authority and disbursements, net: | ||||
Mandatory: | ||||
4090 | Financing authority, gross | 5,035 | 3,949 | 2,900 |
Financing disbursements: | ||||
4110 | Financing disbursements, gross | 3,178 | 6,248 | 3,493 |
Offsets against gross financing authority and disbursements: | ||||
Offsetting collections (collected) from: | ||||
4120 | Subsidy reestimate from program account | –3,024 | –746 | |
4120 | Other payments from FHA Accounts | –1 | –5 | –1 |
4122 | Interest on uninvested funds | –540 | –392 | –273 |
4123 | Fees and premiums | –774 | –842 | –894 |
4123 | Recoveries on HUD-Held Notes | –118 | –356 | –596 |
4123 | Title I recoveries | –10 | –4 | –3 |
4123 | Single family property recoveries | –307 | –852 | –343 |
4123 | Gross Proceeds from Mortgage Note Sales | –96 | –152 | –190 |
4123 | Non-Federal Resources-other | –71 | ||
|
|
|
||
4130 | Offsets against gross financing auth and disbursements (total) | –4,941 | –3,349 | –2,300 |
Additional offsets against financing authority only (total): | ||||
4140 | Change in uncollected pymts, Fed sources, unexpired | –1 | ||
|
|
|
||
4160 | Financing authority, net (mandatory) | 93 | 600 | 600 |
4170 | Financing disbursements, net (mandatory) | –1,763 | 2,899 | 1,193 |
4180 | Financing authority, net (total) | 93 | 600 | 600 |
4190 | Financing disbursements, net (total) | –1,763 | 2,899 | 1,193 |
|
Status of Guaranteed Loans (in millions of dollars)
|
||||
Identification code 86–4077–0–3–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Position with respect to appropriations act limitation on commitments: | ||||
2111 | Limitation on guaranteed loans made by private lenders | 20,000 | 25,000 | 25,000 |
2142 | Uncommitted loan guarantee limitation | –2,825 | –5,715 | –8,564 |
|
|
|
||
2150 | Total guaranteed loan commitments | 17,175 | 19,285 | 16,436 |
2199 | Guaranteed amount of guaranteed loan commitments | 16,865 | 19,119 | 16,270 |
|
||||
Cumulative balance of guaranteed loans outstanding: | ||||
2210 | Outstanding, start of year | 131,194 | 136,016 | 146,147 |
2231 | Disbursements of new guaranteed loans | 16,713 | 20,611 | 18,380 |
2251 | Repayments and prepayments | –10,092 | –7,308 | –6,892 |
Adjustments: | ||||
2261 | Terminations for default that result in loans receivable | –1,108 | –2,050 | –1,503 |
2262 | Terminations for default that result in acquisition of property | –534 | –583 | –436 |
2263 | Terminations for default that result in claim payments | –157 | –539 | –1,129 |
|
|
|
||
2290 | Outstanding, end of year | 136,016 | 146,147 | 154,567 |
|
||||
Memorandum: | ||||
2299 | Guaranteed amount of guaranteed loans outstanding, end of year | 132,960 | 142,846 | 151,094 |
|
||||
Addendum: | ||||
Cumulative balance of defaulted guaranteed loans that result in loans receivable: | ||||
2310 | Outstanding, start of year | 1,783 | 2,120 | 2,639 |
2331 | Disbursements for guaranteed loan claims | 997 | 1,355 | 1,355 |
2351 | Repayments of loans receivable | –195 | –256 | –256 |
2361 | Write-offs of loans receivable | –499 | –580 | –580 |
2364 | Other adjustments, net | 34 | ||
|
|
|
||
2390 | Outstanding, end of year | 2,120 | 2,639 | 3,158 |
|
As required by the Federal Credit Reform Act of 1990, this non-budgetary account records all cash flows to and from the Government resulting from loan guarantees committed in 1992 and thereafter (including modifications of loan guarantees that resulted from commitments in any year) for FHA's General and Special Risk Insurance Fund programs. The amounts in this account are a means of financing and are not included in the budget totals. As required by the Federal Credit Reform Act of 1990, no administrative expenses can be recorded in the financing account.
Balance Sheet (in millions of dollars)
|
|||
Identification code 86–4077–0–3–371 | 2010 actual | 2011 actual | |
|
|||
ASSETS: | |||
Federal assets: | |||
1101 | Fund balances with Treasury | 7,652 | 9,493 |
Investments in US securities: | |||
1106 | Receivables, net | 2,396 | 562 |
Non-Federal assets: | |||
1201 | Investments in non-Federal securities, net | 126 | 56 |
1206 | Receivables, net | 36 | 45 |
Net value of assets related to post-1991 acquired defaulted guaranteed loans receivable: | |||
1501 | Defaulted guaranteed loans receivable, gross | 1,783 | 2,120 |
1502 | Interest receivable | 526 | 503 |
1504 | Foreclosed property | 423 | 479 |
1505 | Allowance for subsidy cost | –882 | –1,167 |
|
|
||
1599 | Net value of assets related to defaulted guaranteed loan | 1,850 | 1,935 |
1901 | Other Federal assets: Other assets | 5 | 2,292 |
|
|
||
1999 | Total assets | 12,065 | 14,383 |
LIABILITIES: | |||
Federal liabilities: | |||
2101 | Accounts payable Intragovernmental | 546 | 1,801 |
2103 | Debt | 2,358 | 2,447 |
Non-Federal liabilities: | |||
2201 | Accounts payable | 163 | 126 |
2203 | Debt | 13 | |
2204 | Liabilities for loan guarantees | 8,872 | 7,608 |
2207 | Other | 113 | 115 |
|
|
||
2999 | Total liabilities | 12,065 | 12,097 |
NET POSITION: | |||
3300 | Cumulative results of operations | 2,286 | |
|
|
||
4999 | Total liabilities and net position | 12,065 | 14,383 |
|
Program and Financing (in millions of dollars)
|
||||
Identification code 86–4105–0–3–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
Credit program obligations: | ||||
0710 | Direct loan obligations | 1 | 1 | |
|
|
|
||
0900 | Total new obligations | 1 | 1 | |
|
||||
Budgetary Resources: | ||||
Financing authority: | ||||
Borrowing authority, mandatory: | ||||
1400 | Borrowing authority | 1 | 1 | |
|
|
|
||
1440 | Borrowing authority, mandatory (total) | 1 | 1 | |
Spending authority from offsetting collections, mandatory: | ||||
1800 | Collected | 1 | 1 | |
1825 | Spending authority from offsetting collections applied to repay debt | –1 | –1 | |
1900 | Financing authority(total) | 1 | 1 | |
1930 | Total budgetary resources available | 1 | 1 | |
|
||||
Change in obligated balance: | ||||
3030 | Obligations incurred, unexpired accounts | 1 | 1 | |
3040 | Financing disbursements (gross) | –1 | –1 | |
|
||||
Financing authority and disbursements, net: | ||||
Mandatory: | ||||
4090 | Financing authority, gross | 1 | 1 | |
Financing disbursements: | ||||
4110 | Financing disbursements, gross | 1 | 1 | |
Offsets against gross financing authority and disbursements: | ||||
Offsetting collections (collected) from: | ||||
4123 | Repayment of Principal | –1 | –1 | |
|
Status of Direct Loans (in millions of dollars)
|
||||
Identification code 86–4105–0–3–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Position with respect to appropriations act limitation on obligations: | ||||
1111 | Limitation on direct loans | 20 | 20 | 20 |
1142 | Unobligated direct loan limitation (-) | –20 | –19 | –19 |
|
|
|
||
1150 | Total direct loan obligations | 1 | 1 | |
|
As required by the Federal Credit Reform Act of 1990, this non-budgetary account records all cash flows to and from the Government resulting from direct loans obligated in 1992 and thereafter (including loan modifications) for FHA's General Insurance and Special Risk Insurance Fund programs. The amounts in this account are a means of financing and are not included in the budget totals. As required by the Federal Credit Reform Act of 1990, no administrative expenses can be recorded in the financing account.
Program and Financing (in millions of dollars)
|
||||
Identification code 86–4106–0–3–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 4 | 4 | 4 |
1930 | Total budgetary resources available | 4 | 4 | 4 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 4 | 4 | 4 |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3010 | Uncollected pymts, Fed sources, brought forward, Oct 1 | –1 | –1 | –1 |
Obligated balance, end of year (net): | ||||
3091 | Uncollected pymts, Fed sources, end of year | –1 | –1 | –1 |
|
|
|
||
3100 | Obligated balance, end of year (net) | –1 | –1 | –1 |
|
Status of Guaranteed Loans (in millions of dollars)
|
||||
Identification code 86–4106–0–3–371 | 2011 actual | 2012 est. | 2013 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 (P.L. 104–155), entitled "Loan Guarantee Recovery Fund,'' authorizes the Secretary of Housing and Urban Development to guarantee loans made by financial institutions to assist certain non-profit organizations that were damaged as a result of acts of arson or terrorism. The most recent loan was made in 2007 and a default payment was made in 2011. Another default payment is scheduled to be made in fiscal year 2012. As required by the Federal Credit Reform Act of 1990, this non-budgetary account records all cash flows to and from the Government resulting from loan guarantees committed in 1992 and thereafter. The amounts in this account are a means of financing and are not included in the budget totals. As required by the Federal Credit Reform Act of 1990, no administrative expenses can be recorded in the financing account.
Balance Sheet (in millions of dollars)
|
|||
Identification code 86–4106–0–3–371 | 2010 actual | 2011 actual | |
|
|||
ASSETS: | |||
1101 | Federal assets: Fund balances with Treasury | 4 | 4 |
|
|
||
1999 | Total assets | 4 | 4 |
LIABILITIES: | |||
2204 | Non-Federal liabilities: Liabilities for loan guarantees | 4 | 4 |
|
|
||
4999 | Total liabilities and net position | 4 | 4 |
|
Program and Financing (in millions of dollars)
|
||||
Identification code 86–4072–0–3–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
Capital investment: Claims and other | ||||
0101 | Interest on Debentures | 2 | 5 | 6 |
0102 | Assignment and Property Acquisition Claims | 23 | 13 | |
0104 | Mark-To-Market Restructures | 29 | 6 | 4 |
0110 | Capitalized Expenses | 3 | 2 | 2 |
0111 | HUD Held Notes Escrow Activity | 78 | 75 | 68 |
0112 | Upfront Grants | 6 | 3 | |
|
|
|
||
0900 | Total new obligations | 118 | 114 | 93 |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 215 | 252 | |
1020 | Adjustment of unobligated bal brought forward, Oct 1 | 13 | ||
1021 | Recoveries of prior year unpaid obligations | 54 | ||
1022 | Capital transfer of unobligated balances to general fund | –215 | –252 | |
|
|
|
||
1050 | Unobligated balance (total) | 67 | ||
Budget authority: | ||||
Appropriations, mandatory: | ||||
1200 | Appropriation | 71 | 30 | 38 |
|
|
|
||
1260 | Appropriations, mandatory (total) | 71 | 30 | 38 |
Borrowing authority, mandatory: | ||||
1400 | Borrowing authority | 50 | 50 | |
|
|
|
||
1440 | Borrowing authority, mandatory (total) | 50 | 50 | |
Spending authority from offsetting collections, mandatory: | ||||
1800 | Collected | 232 | 232 | 55 |
1820 | Capital transfer of spending authority from offsetting collections to general fund | –148 | ||
1825 | Spending authority from offsetting collections applied to repay debt | –50 | –50 | |
|
|
|
||
1850 | Spending auth from offsetting collections, mand (total) | 232 | 34 | 5 |
1900 | Budget authority (total) | 303 | 114 | 93 |
1930 | Total budgetary resources available | 370 | 114 | 93 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 252 | ||
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 444 | 397 | 382 |
3010 | Uncollected pymts, Fed sources, brought forward, Oct 1 | –1 | –1 | –1 |
|
|
|
||
3020 | Obligated balance, start of year (net) | 443 | 396 | 381 |
3030 | Obligations incurred, unexpired accounts | 118 | 114 | 93 |
3040 | Outlays (gross) | –111 | –129 | –115 |
3080 | Recoveries of prior year unpaid obligations, unexpired | –54 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 397 | 382 | 360 |
3091 | Uncollected pymts, Fed sources, end of year | –1 | –1 | –1 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 396 | 381 | 359 |
|
||||
Budget authority and outlays, net: | ||||
Mandatory: | ||||
4090 | Budget authority, gross | 303 | 114 | 93 |
Outlays, gross: | ||||
4100 | Outlays from new mandatory authority | 111 | 109 | 89 |
4101 | Outlays from mandatory balances | 20 | 26 | |
|
|
|
||
4110 | Outlays, gross (total) | 111 | 129 | 115 |
Offsets against gross budget authority and outlays: | ||||
Offsetting collections (collected) from: | ||||
4123 | Asset Sale Proceeds | –2 | –85 | |
4123 | Non-Federal sources - Other | –230 | –147 | –55 |
|
|
|
||
4130 | Offsets against gross budget authority and outlays (total) | –232 | –232 | –55 |
|
|
|
||
4160 | Budget authority, net (mandatory) | 71 | –118 | 38 |
4170 | Outlays, net (mandatory) | –121 | –103 | 60 |
4180 | Budget authority, net (total) | 71 | –118 | 38 |
4190 | Outlays, net (total) | –121 | –103 | 60 |
|
||||
Memorandum (non-add) entries: | ||||
5000 | Total investments, SOY: Federal securities: Par value | 3 | ||
5001 | Total investments, EOY: Federal securities: Par value | 3 | ||
|
Status of Guaranteed Loans (in millions of dollars)
|
||||
Identification code 86–4072–0–3–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Cumulative balance of guaranteed loans outstanding: | ||||
2210 | Outstanding, start of year | 3,033 | 2,332 | 2,183 |
2251 | Repayments and prepayments | –672 | –120 | –89 |
Adjustments: | ||||
2261 | Terminations for default that result in loans receivable | –29 | –28 | –17 |
2262 | Terminations for default that result in acquisition of property | –1 | ||
|
|
|
||
2290 | Outstanding, end of year | 2,332 | 2,183 | 2,077 |
|
||||
Memorandum: | ||||
2299 | Guaranteed amount of guaranteed loans outstanding, end of year | 2,331 | 2,182 | 2,076 |
|
||||
Addendum: | ||||
Cumulative balance of defaulted guaranteed loans that result in loans receivable: | ||||
2310 | Outstanding, start of year | 2,601 | 2,483 | 2,449 |
2331 | Disbursements for guaranteed loan claims | 29 | 28 | 17 |
2351 | Repayments of loans receivable | –137 | –52 | –50 |
2361 | Write-offs of loans receivable | –10 | –10 | –10 |
|
|
|
||
2390 | Outstanding, end of year | 2,483 | 2,449 | 2,406 |
|
The General and Special Risk Insurance funds provide insurance for a large number of specialized mortgage insurance programs, including insurance of loans for property improvements, cooperatives, condominiums, nursing homes, rental housing and nonprofit hospitals.
As required by the Federal Credit Reform Act of 1990, this account records, for this program, all cash flows to and from the Government resulting from loan guarantees committed and direct loans obligated prior to 1992. This account is shown on a cash basis. New insurance and direct loan activity in 1992 and thereafter in the GI/SRI programs are recorded in corresponding program (86–0200) and financing (86–4077 and 86–4105) accounts.
Balance Sheet (in millions of dollars)
|
|||
Identification code 86–4072–0–3–371 | 2010 actual | 2011 actual | |
|
|||
ASSETS: | |||
Federal assets: | |||
1101 | Fund balances with Treasury | 658 | 645 |
Investments in US securities: | |||
1102 | Treasury securities, par | 3 | |
Non-Federal assets: | |||
1201 | Investments in non-Federal securities, net | 3 | 3 |
1206 | Receivables, net | 8 | 11 |
1701 | Defaulted guaranteed loans, gross | 2,601 | 2,483 |
1702 | Interest receivable | 225 | 226 |
1703 | Allowance for estimated uncollectible loans and interest (-) | –1,844 | –1,671 |
|
|
||
1704 | Defaulted guaranteed loans and interest receivable, net | 982 | 1,038 |
1706 | Foreclosed property | 5 | |
|
|
||
1799 | Value of assets related to loan guarantees | 987 | 1,038 |
1901 | Other Federal assets: Other assets | 115 | |
|
|
||
1999 | Total assets | 1,656 | 1,815 |
LIABILITIES: | |||
Non-Federal liabilities: | |||
2201 | Accounts payable | 7 | 13 |
2203 | Debt | 10 | |
2204 | Liabilities for loan guarantees | 43 | 16 |
2207 | Other | 179 | 192 |
|
|
||
2999 | Total liabilities | 229 | 231 |
NET POSITION: | |||
3100 | Appropriated capital | 98 | 68 |
3300 | Cumulative results of operations | 1,329 | 1,516 |
|
|
||
3999 | Total net position | 1,427 | 1,584 |
|
|
||
4999 | Total liabilities and net position | 1,656 | 1,815 |
|
Object Classification (in millions of dollars)
|
||||
Identification code 86–4072–0–3–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Direct obligations: | ||||
32.0 | Land and structures | 1 | ||
33.0 | Investments and loans | 118 | 113 | 93 |
|
|
|
||
99.9 | Total new obligations | 118 | 114 | 93 |
|
Program and Financing (in millions of dollars)
|
||||
Identification code 86–4115–0–3–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0102 | Loan Management, Liquidations and Property Dispositions | 2 | 8 | 8 |
|
|
|
||
0900 | Total new obligations (object class 32.0) | 2 | 8 | 8 |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 16 | 6 | |
1022 | Capital transfer of unobligated balances to general fund | –16 | –6 | |
Budget authority: | ||||
Spending authority from offsetting collections, mandatory: | ||||
1800 | Collected | 600 | 550 | 550 |
1820 | Capital transfer of spending authority from offsetting collections to general fund | –592 | –542 | –542 |
|
|
|
||
1850 | Spending auth from offsetting collections, mand (total) | 8 | 8 | 8 |
1930 | Total budgetary resources available | 8 | 8 | 8 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 6 | ||
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 5 | 6 | 7 |
3030 | Obligations incurred, unexpired accounts | 2 | 8 | 8 |
3040 | Outlays (gross) | –1 | –7 | –10 |
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 6 | 7 | 5 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 6 | 7 | 5 |
|
||||
Budget authority and outlays, net: | ||||
Mandatory: | ||||
4090 | Budget authority, gross | 8 | 8 | 8 |
Outlays, gross: | ||||
4100 | Outlays from new mandatory authority | 3 | 4 | |
4101 | Outlays from mandatory balances | 1 | 4 | 6 |
|
|
|
||
4110 | Outlays, gross (total) | 1 | 7 | 10 |
Offsets against gross budget authority and outlays: | ||||
Offsetting collections (collected) from: | ||||
4123 | Non-Federal sources | –600 | –550 | –550 |
4180 | Budget authority, net (total) | –592 | –542 | –542 |
4190 | Outlays, net (total) | –599 | –543 | –540 |
|
Status of Direct Loans (in millions of dollars)
|
||||
Identification code 86–4115–0–3–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Cumulative balance of direct loans outstanding: | ||||
1210 | Outstanding, start of year | 3,188 | 2,846 | 2,567 |
1251 | Repayments: Repayments and prepayments | –339 | –279 | –231 |
1264 | Write-offs for default: Other adjustments, net (+ or -) | –3 | ||
|
|
|
||
1290 | Outstanding, end of year | 2,846 | 2,567 | 2,336 |
|
The Housing for the Elderly or Handicapped Loan Fund was established pursuant to section 202 of the Housing Act of 1959, as amended. The fund provided direct loans to non-profit organizations sponsoring the construction and management of rental housing for the elderly or non-elderly persons with disabilities. No new loan commitments were made after 1991; however, projects developed under it continue to operate. After April 1, 1992, all projects for which there were administrative reservations converted to the capital advance assistance program. Any remaining activity for the loan program includes amendments for projects reaching final endorsement.
As required by the Federal Credit Reform Act of 1990, this account records all cash flows to and from the Government resulting from this program.
Balance Sheet (in millions of dollars)
|
|||
Identification code 86–4115–0–3–371 | 2010 actual | 2011 actual | |
|
|||
ASSETS: | |||
1101 | Federal assets: Fund balances with Treasury | 22 | 11 |
1206 | Non-Federal assets: Interest Receivable: Public | 33 | 29 |
1601 | Direct loans, gross | 3,188 | 2,846 |
1603 | Allowance for estimated uncollectible loans and interest (-) | –13 | –9 |
|
|
||
1604 | Direct loans and interest receivable, net | 3,175 | 2,837 |
1606 | Acquired Real Property | 3 | 1 |
|
|
||
1699 | Value of assets related to direct loans | 3,178 | 2,838 |
|
|
||
1999 | Total assets | 3,233 | 2,878 |
LIABILITIES: | |||
2207 | Non-Federal liabilities: Other | 5 | 6 |
NET POSITION: | |||
3100 | Unexpended Appropriations | 12 | 10 |
3300 | Revolving Fund: Cumulative results of operations | 3,216 | 2,862 |
|
|
||
3999 | Total net position | 3,228 | 2,872 |
|
|
||
4999 | Total liabilities and net position | 3,233 | 2,878 |
|
Special and Trust Fund Receipts (in millions of dollars)
|
||||
Identification code 86–8119–0–7–376 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
0100 | Balance, start of year | 1 | 1 | |
Receipts: | ||||
0240 | General Fund Payment, Manufactured Housing Fee Trust Fund | 9 | 2 | 4 |
0260 | Mobile Home Inspection and Monitoring Fees, Manufactured Housing Fee Trust Fund | 3 | 4 | 4 |
|
|
|
||
0299 | Total receipts and collections | 12 | 6 | 8 |
|
|
|
||
0400 | Total: Balances and collections | 12 | 7 | 9 |
Appropriations: | ||||
0500 | Manufactured Housing Fees Trust Fund | –11 | –6 | –8 |
|
|
|
||
0799 | Balance, end of year | 1 | 1 | 1 |
|
Program and Financing (in millions of dollars)
|
||||
Identification code 86–8119–0–7–376 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0002 | Manufactured housing program costs | 4 | 12 | 12 |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 7 | 14 | 8 |
Budget authority: | ||||
Appropriations, discretionary: | ||||
1101 | Appropriation (special or trust fund) | 11 | 6 | 8 |
|
|
|
||
1160 | Appropriation, discretionary (total) | 11 | 6 | 8 |
1930 | Total budgetary resources available | 18 | 20 | 16 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 14 | 8 | 4 |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 5 | 2 | 4 |
3030 | Obligations incurred, unexpired accounts | 4 | 12 | 12 |
3040 | Outlays (gross) | –7 | –10 | –12 |
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 2 | 4 | 4 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 2 | 4 | 4 |
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 11 | 6 | 8 |
Outlays, gross: | ||||
4010 | Outlays from new discretionary authority | 3 | 4 | |
4011 | Outlays from discretionary balances | 7 | 7 | 8 |
|
|
|
||
4020 | Outlays, gross (total) | 7 | 10 | 12 |
4180 | Budget authority, net (total) | 11 | 6 | 8 |
4190 | Outlays, net (total) | 7 | 10 | 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, 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. States are actively encouraged to participate in the program under compliance plans approved by HUD. New program requirements mandated by the Manufactured Housing Improvement Act of 2000 include procurement of an Administering Organization, formation of a Consensus Committee to recommend revisions to and interpretations of the manufactured housing standards, development and implementation of standards for installation of manufactured housing, and development and implementation of a dispute resolution program.
Fees are charged to the manufacturers for each transportable section produced and may be charged to any dispute resolution and installation program participant. In prior years, this fee income was sufficient to fully support program operations. However, due to a substantial reduction in manufactured housing production rates in recent years, fee collections have been insufficient to maintain program requirements. The 2013 Budget proposes to fund the costs of authorized activities necessary to carry out all aspects of the manufactured housing legislation with approximately $4 million in estimated fees and a direct appropriation of $4 million.
Object Classification (in millions of dollars)
|
||||
Identification code 86–8119–0–7–376 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Direct obligations: | ||||
25.2 | Other services from non-Federal sources | 4 | 8 | 8 |
41.0 | Grants, subsidies, and contributions | 4 | 4 | |
|
|
|
||
99.9 | Total new obligations | 4 | 12 | 12 |
|
The Government National Mortgage Association (GNMA) was formed by Congress in 1968. It is a wholly owned government corporation within the U.S. Department of Housing and Urban Development (HUD). It was established to support Federal housing initiatives by providing liquidity to the secondary mortgage market and to attract capital from the global capital markets for the nation's mortgage markets. Its primary function is to guarantee the timely payment of principal and interest on Mortgage-Backed Securities (MBS) that are backed by loans insured or guaranteed by the Federal Housing Administration (FHA), the Department of Veterans Affairs (VA), Rural Development in the U.S. Department of Agriculture, and HUD's Office of Public and Indian Housing.
New commitments to issue guarantees to carry out the purposes of section 306 of the National Housing Act, as amended (12 U.S.C. 1721(g)), shall not exceed $500,000,000,000, to remain available until September 30, [2013] 2014: Provided, That [$19,500,000] $21,000,000 shall be available for [personnel compensation and benefits, and other administrative] necessary salaries and expenses of the Office of Government National Mortgage Association: Provided further, That to the extent that guaranteed loan commitments will and do exceed $155,000,000,000 on or before April 1, [2012] 2013, an additional $100 for [personnel compensation and benefits,] necessary salaries and [administrative] expenses shall be available until expended for each $1,000,000 in additional guaranteed loan commitments (including a pro rata amount for any amount below $1,000,000), but in no case shall funds made available by this proviso exceed $3,000,000: Provided further, That receipts from Commitment and Multiclass fees collected pursuant to title III of the National Housing Act, as amended, shall be credited as offsetting collections to this account. (Department of Housing and Urban Development Appropriations Act, 2012.)
Special and Trust Fund Receipts (in millions of dollars)
|
||||
Identification code 86–0186–0–1–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
0100 | Balance, start of year | 5,377 | 5,486 | 5,899 |
Receipts: | ||||
0220 | GNMA-guarantees of Mortgage Backed Securities Guarantee Loans, Negative Subsidies | 841 | 553 | 550 |
|
|
|
||
0400 | Total: Balances and collections | 6,218 | 6,039 | 6,449 |
Appropriations: | ||||
0500 | Guarantees of Mortgage-backed Securities Loan Guarantee Program Account | –721 | –140 | |
0501 | Office of the Government National Mortgage Association Personnel Compensation and Benefits | –11 | ||
|
|
|
||
0599 | Total appropriations | –732 | –140 | |
|
|
|
||
0799 | Balance, end of year | 5,486 | 5,899 | 6,449 |
|
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0186–0–1–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
Credit program obligations: | ||||
0707 | Reestimates of loan guarantee subsidy | 684 | 132 | |
0708 | Interest on reestimates of loan guarantee subsidy | 37 | 8 | |
0709 | Administrative expenses | 20 | 21 | |
|
|
|
||
0900 | Total new obligations | 721 | 160 | 21 |
|
||||
Budgetary Resources: | ||||
Budget authority: | ||||
Appropriations, mandatory: | ||||
1201 | Appropriation (special or trust fund) | 721 | 140 | |
|
|
|
||
1260 | Appropriations, mandatory (total) | 721 | 140 | |
Spending authority from offsetting collections, discretionary: | ||||
1700 | Collected | 100 | 86 | |
1725 | Spending authority from offsetting collections precluded from obligation (limitation on obligations) | –80 | –65 | |
|
|
|
||
1750 | Spending auth from offsetting collections, disc (total) | 20 | 21 | |
1900 | Budget authority (total) | 721 | 160 | 21 |
1930 | Total budgetary resources available | 721 | 160 | 21 |
|
||||
Change in obligated balance: | ||||
3030 | Obligations incurred, unexpired accounts | 721 | 160 | 21 |
3040 | Outlays (gross) | –721 | –160 | –19 |
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 2 | ||
|
|
|
||
3100 | Obligated balance, end of year (net) | 2 | ||
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 20 | 21 | |
Outlays, gross: | ||||
4010 | Outlays from new discretionary authority | 20 | 19 | |
Offsets against gross budget authority and outlays: | ||||
Offsetting collections (collected) from: | ||||
4033 | Non-Federal sources | –100 | –86 | |
Mandatory: | ||||
4090 | Budget authority, gross | 721 | 140 | |
Outlays, gross: | ||||
4100 | Outlays from new mandatory authority | 721 | 140 | |
4180 | Budget authority, net (total) | 721 | 60 | –65 |
4190 | Outlays, net (total) | 721 | 60 | –67 |
|
||||
Memorandum (non-add) entries: | ||||
5090 | Unavailable balance, SOY: Offsetting collections | 80 | ||
5091 | Unavailable balance, EOY: Offsetting collections | 80 | 145 | |
|
Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)
|
||||
Identification code 86–0186–0–1–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Guaranteed loan levels supportable by subsidy budget authority: | ||||
215001 | Guarantees of Mortgage-Backed Securities | 350,398 | 291,000 | 239,000 |
|
|
|
||
215999 | Total loan guarantee levels | 350,398 | 291,000 | 239,000 |
Guaranteed loan subsidy (in percent): | ||||
232001 | Guarantees of Mortgage-Backed Securities | –0.24 | –0.19 | –0.23 |
|
|
|
||
232999 | Weighted average subsidy rate | –0.24 | –0.19 | –0.23 |
Guaranteed loan subsidy budget authority: | ||||
233001 | Guarantees of Mortgage-Backed Securities | –841 | –553 | –550 |
|
|
|
||
233999 | Total subsidy budget authority | –841 | –553 | –550 |
Guaranteed loan subsidy outlays: | ||||
234001 | Guarantees of Mortgage-Backed Securities | –841 | –553 | –550 |
|
|
|
||
234999 | Total subsidy outlays | –841 | –553 | –550 |
Guaranteed loan upward reestimates: | ||||
235001 | Guarantees of Mortgage-Backed Securities | 721 | 140 | |
|
|
|
||
235999 | Total upward reestimate budget authority | 721 | 140 | |
Guaranteed loan downward reestimates: | ||||
|
||||
Administrative expense data: | ||||
3510 | Budget authority | 20 | 21 | |
3590 | Outlays from new authority | 18 | 19 | |
|
The Budget requests loan commitment authority of $500 billion in 2013. The Budget also requests $21 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 request would allow GNMA to increase its staff level to serve two purposes: to strengthen risk management and oversight, and to move in-house some functions performed by contractors. GNMA contractor expenses are funded in its liquidating account and this account will realize lower spending as a result of the movement to in-house services. All cash flows to and from the government are recorded in the financing account on a cash basis. The net present value of such estimated flows for the cohort of credit instruments guaranteed are deposited into the GNMA receipt account.
Object Classification (in millions of dollars)
|
||||
Identification code 86–0186–0–1–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Direct obligations: | ||||
11.1 | Personnel compensation: Full-time permanent | 15 | 16 | |
12.1 | Civilian personnel benefits | 4 | 4 | |
21.0 | Travel and transportation of persons | 1 | 1 | |
41.0 | Grants, subsidies, and contributions | 721 | 140 | |
|
|
|
||
99.9 | Total new obligations | 721 | 160 | 21 |
|
Employment Summary
|
||||
Identification code 86–0186–0–1–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
1001 | Direct civilian full-time equivalent employment | 117 | 131 | |
|
Program and Financing (in millions of dollars)
|
||||
Identification code 86–4240–0–3–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0003 | Advances and other | 3,311 | 3,655 | 5,247 |
0004 | Operating expenses | 208 | 329 | |
|
|
|
||
0091 | Subtotal - Advances and Operating Expenses | 3,311 | 3,863 | 5,576 |
Credit program obligations: | ||||
0740 | Negative subsidy obligations | 841 | 553 | 550 |
|
|
|
||
0900 | Total new obligations | 4,152 | 4,416 | 6,126 |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 952 | 1,139 | 813 |
1010 | Unobligated balance transfer to other accts [86–4238] | –200 | ||
1011 | Unobligated balance transfer from other accts [86–4238] | 1,300 | ||
|
|
|
||
1050 | Unobligated balance (total) | 2,252 | 939 | 813 |
Financing authority: | ||||
Spending authority from offsetting collections, mandatory: | ||||
1800 | Collected | 3,039 | 4,290 | 6,578 |
|
|
|
||
1850 | Spending auth from offsetting collections, mand (total) | 3,039 | 4,290 | 6,578 |
1930 | Total budgetary resources available | 5,291 | 5,229 | 7,391 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 1,139 | 813 | 1,265 |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 321 | 466 | 761 |
3010 | Uncollected pymts, Fed sources, brought forward, Oct 1 | –3 | –3 | –3 |
|
|
|
||
3020 | Obligated balance, start of year (net) | 318 | 463 | 758 |
3030 | Obligations incurred, unexpired accounts | 4,152 | 4,416 | 6,126 |
3040 | Financing disbursements (gross) | –4,007 | –4,121 | –5,955 |
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 466 | 761 | 932 |
3091 | Uncollected pymts, Fed sources, end of year | –3 | –3 | –3 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 463 | 758 | 929 |
|
||||
Financing authority and disbursements, net: | ||||
Mandatory: | ||||
4090 | Financing authority, gross | 3,039 | 4,290 | 6,578 |
Financing disbursements: | ||||
4110 | Financing disbursements, gross | 4,007 | 4,121 | 5,955 |
Offsets against gross financing authority and disbursements: | ||||
Offsetting collections (collected) from: | ||||
4120 | Federal sources | –721 | –140 | |
4122 | Interest on uninvested funds | –53 | –75 | –89 |
4123 | Guarantee Fees | –678 | –943 | –724 |
4123 | Commitment and other fees | –82 | –76 | |
4123 | Multiclass fees | –56 | –50 | |
4123 | Repayment of advances | –1,376 | –2,566 | –5,570 |
4123 | Servicing Fees | –73 | –98 | –195 |
4123 | Repayment on Mortgages | –300 | ||
4123 | Other interest | –42 | ||
|
|
|
||
4130 | Offsets against gross financing auth and disbursements (total) | –3,039 | –4,290 | –6,578 |
4170 | Financing disbursements, net (mandatory) | 968 | –169 | –623 |
4190 | Financing disbursements, net (total) | 968 | –169 | –623 |
|
Status of Guaranteed Loans (in millions of dollars)
|
||||
Identification code 86–4240–0–3–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Position with respect to appropriations act limitation on commitments: | ||||
2111 | Limitation on guaranteed loans made by private lenders | 500,000 | 500,000 | 500,000 |
2121 | Limitation available from carry-forward | 197,141 | 346,743 | 500,000 |
2142 | Uncommitted loan guarantee limitation | –55,743 | –261,000 | |
2143 | Uncommitted limitation carried forward | –346,743 | –500,000 | –500,000 |
|
|
|
||
2150 | Total guaranteed loan commitments | 350,398 | 291,000 | 239,000 |
2199 | Guaranteed amount of guaranteed loan commitments | 350,398 | 291,000 | 239,000 |
|
||||
Cumulative balance of guaranteed loans outstanding: | ||||
2210 | Outstanding, start of year | 1,046,179 | 1,221,685 | 1,320,836 |
2231 | Disbursements of new guaranteed loans | 350,398 | 291,000 | 239,000 |
2251 | Repayments and prepayments | –174,892 | –191,849 | –168,000 |
|
|
|
||
2290 | Outstanding, end of year | 1,221,685 | 1,320,836 | 1,391,836 |
|
||||
Memorandum: | ||||
2299 | Guaranteed amount of guaranteed loans outstanding, end of year | 1,221,685 | 1,320,836 | 1,391,836 |
|
This non-budgetary account records all cash flows to and from the Government resulting from the loan guarantees committed in 1992 and beyond (including modifications of loan guarantees that resulted from obligations in any year). The amounts in this account are a means of financing and are not included in the budget totals. No administrative expenses can be recorded in the financing account.
Balance Sheet (in millions of dollars)
|
|||
Identification code 86–4240–0–3–371 | 2010 actual | 2011 actual | |
|
|||
ASSETS: | |||
1101 | Federal assets: Fund balances with Treasury | 1,270 | 1,602 |
1206 | Non-Federal assets: Receivables, net | 1,412 | 2,478 |
Net value of assets related to post-1991 direct loans receivable: | |||
1401 | Direct loans receivable, gross | 5,732 | 7,451 |
1405 | Allowance for subsidy cost (-) | –340 | |
|
|
||
1499 | Net present value of assets related to direct loans | 5,392 | 7,451 |
1505 | Net value of assets related to post-1991 acquired defaulted guaranteed loans receivable: Allowance for subsidy cost (-) | –462 | |
|
|
||
1999 | Total assets | 8,074 | 11,069 |
LIABILITIES: | |||
Non-Federal liabilities: | |||
2201 | Accounts payable | 206 | 313 |
2207 | Other | 1,742 | 2,724 |
|
|
||
2999 | Total liabilities | 1,948 | 3,037 |
NET POSITION: | |||
3300 | Cumulative results of operations | 6,126 | 8,032 |
|
|
||
4999 | Total upward reestimate subsidy BA [86–0186] | 8,074 | 11,069 |
|
Program and Financing (in millions of dollars)
|
||||
Identification code 86–4238–0–3–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0001 | Administrative contract expenses | 140 | 170 | 235 |
Operating expenses | ||||
0003 | Servicing expenses | 50 | 45 | |
|
|
|
||
0091 | Direct program activities, subtotal | 190 | 215 | 235 |
Capital investment | ||||
0101 | Advances of guaranty payments | 1 | 11 | 11 |
|
|
|
||
0900 | Total new obligations | 191 | 226 | 246 |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 3,508 | 2,198 | 2,351 |
1010 | Unobligated balance transfer to other accts [86–4240] | –1,300 | ||
1011 | Unobligated balance transfer from other accts [86–4240] | 200 | ||
|
|
|
||
1050 | Unobligated balance (total) | 2,208 | 2,398 | 2,351 |
Budget authority: | ||||
Spending authority from offsetting collections, mandatory: | ||||
1800 | Collected | 190 | 179 | 49 |
1801 | Change in uncollected payments, Federal sources | –9 | ||
|
|
|
||
1850 | Spending auth from offsetting collections, mand (total) | 181 | 179 | 49 |
1930 | Total budgetary resources available | 2,389 | 2,577 | 2,400 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 2,198 | 2,351 | 2,154 |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 56 | 52 | 75 |
3010 | Uncollected pymts, Fed sources, brought forward, Oct 1 | –21 | –12 | –12 |
|
|
|
||
3020 | Obligated balance, start of year (net) | 35 | 40 | 63 |
3030 | Obligations incurred, unexpired accounts | 191 | 226 | 246 |
3040 | Outlays (gross) | –195 | –203 | –246 |
3050 | Change in uncollected pymts, Fed sources, unexpired | 9 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 52 | 75 | 75 |
3091 | Uncollected pymts, Fed sources, end of year | –12 | –12 | –12 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 40 | 63 | 63 |
|
||||
Budget authority and outlays, net: | ||||
Mandatory: | ||||
4090 | Budget authority, gross | 181 | 179 | 49 |
Outlays, gross: | ||||
4100 | Outlays from new mandatory authority | 1 | 103 | 1 |
4101 | Outlays from mandatory balances | 194 | 100 | 245 |
|
|
|
||
4110 | Outlays, gross (total) | 195 | 203 | 246 |
Offsets against gross budget authority and outlays: | ||||
Offsetting collections (collected) from: | ||||
4121 | Interest on Federal securities | –187 | –170 | –40 |
4123 | Non-Federal sources | –3 | –9 | –9 |
|
|
|
||
4130 | Offsets against gross budget authority and outlays (total) | –190 | –179 | –49 |
Additional offsets against gross budget authority only: | ||||
4140 | Change in uncollected pymts, Fed sources, unexpired | 9 | ||
4170 | Outlays, net (mandatory) | 5 | 24 | 197 |
4190 | Outlays, net (total) | 5 | 24 | 197 |
|
||||
Memorandum (non-add) entries: | ||||
5000 | Total investments, SOY: Federal securities: Par value | 3,561 | 2,134 | 2,351 |
5001 | Total investments, EOY: Federal securities: Par value | 2,134 | 2,351 | 2,154 |
|
Status of Direct Loans (in millions of dollars)
|
||||
Identification code 86–4238–0–3–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Cumulative balance of direct loans outstanding: | ||||
1210 | Outstanding, start of year | 9 | 8 | 4 |
1232 | Disbursements: Purchase of loans assets from the public | 9 | 9 | |
1252 | Repayments: Proceeds from loan asset sales to the public or discounted | –1 | –9 | –9 |
1263 | Write-offs for default: Direct loans | –4 | –4 | |
|
|
|
||
1290 | Outstanding, end of year | 8 | 4 | |
|
Status of Guaranteed Loans (in millions of dollars)
|
||||
Identification code 86–4238–0–3–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Cumulative balance of guaranteed loans outstanding: | ||||
2210 | Outstanding, start of year | 9 | 4 | 2 |
2251 | Repayments and prepayments | –5 | –2 | –2 |
|
|
|
||
2290 | Outstanding, end of year | 4 | 2 | |
|
||||
Memorandum: | ||||
2299 | Guaranteed amount of guaranteed loans outstanding, end of year | 4 | 2 | |
|
This liquidating account records, for this program, all cash flows to and from the Government resulting from MMI/CMHI loans insured prior to 1992 and is shown on a cash basis. All new activity in this program in 1992 and thereafter (including modifications of loans insured in any year) is recorded in the corresponding program and financing accounts.
Balance Sheet (in millions of dollars)
|
|||
Identification code 86–4238–0–3–371 | 2010 actual | 2011 actual | |
|
|||
ASSETS: | |||
Federal assets: | |||
1101 | Fund balances with Treasury | 119 | |
Investments in US securities: | |||
1102 | Treasury securities, par | 3,498 | 2,127 |
1106 | Receivables, net | 20 | 12 |
1601 | Direct loans, gross | 9 | 8 |
1603 | Allowance for estimated uncollectible loans and interest (-) | –8 | –4 |
|
|
||
1699 | Value of assets related to direct loans | 1 | 4 |
1901 | Other Federal assets: Other assets | 89 | 31 |
|
|
||
1999 | Total assets | 3,608 | 2,293 |
LIABILITIES: | |||
Non-Federal liabilities: | |||
2201 | Accounts payable | 56 | 52 |
2207 | Other | 515 | 1 |
|
|
||
2999 | Total liabilities | 571 | 53 |
NET POSITION: | |||
3300 | Cumulative results of operations | 3,037 | 2,240 |
|
|
||
4999 | Total liabilities and net position | 3,608 | 2,293 |
|
Object Classification (in millions of dollars)
|
||||
Identification code 86–4238–0–3–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Direct obligations: | ||||
25.2 | Other services from non-Federal sources | 190 | 215 | 235 |
33.0 | Investments and loans | 1 | 11 | 11 |
|
|
|
||
99.9 | Total new obligations | 191 | 226 | 246 |
|
For contracts, grants, and necessary expenses of programs of research and studies relating to housing and urban problems, not otherwise provided for, as authorized by title V of the Housing and Urban Development Act of 1970 (12 U.S.C. 1701z-1 et seq.), including carrying out the functions of the Secretary of Housing and Urban Development under section 1(a)(1)(i) of Reorganization Plan No. 2 of 1968, [$46,000,000] $52,000,000, to remain available until September 30, [2013] 2014: Provided, That with respect to amounts made available under this heading, notwithstanding section 204 of this title, the Secretary may enter into cooperative agreements funded with philanthropic entities, other Federal agencies, or State or local governments and their agencies for research projects: Provided further, That with respect to the previous proviso, such partners to the cooperative agreements must contribute at least a 50 percent match toward the cost of the project[: Provided further, That for non-competitive agreements entered into in accordance with the previous two provisos, the Secretary of Housing and Urban Development shall comply with section 2(b) of the Federal Funding Accountability and Transparency Act of 2006 (Public Law 109–282, 31 U.S.C. note) in lieu of compliance with section 102(a)(4)(C) with respect to documentation of award decisions]. (Department of Housing and Urban Development Appropriations Act, 2012.)
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0108–0–1–451 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0001 | Contracts, Grants and Cooperative Agreements | 46 | 46 | 52 |
0002 | University Programs | 1 | ||
|
|
|
||
0900 | Total new obligations | 47 | 46 | 52 |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 1 | 3 | 3 |
1021 | Recoveries of prior year unpaid obligations | 1 | ||
|
|
|
||
1050 | Unobligated balance (total) | 2 | 3 | 3 |
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 48 | 46 | 52 |
|
|
|
||
1160 | Appropriation, discretionary (total) | 48 | 46 | 52 |
1930 | Total budgetary resources available | 50 | 49 | 55 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 3 | 3 | 3 |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 62 | 46 | 35 |
3030 | Obligations incurred, unexpired accounts | 47 | 46 | 52 |
3040 | Outlays (gross) | –62 | –57 | –59 |
3080 | Recoveries of prior year unpaid obligations, unexpired | –1 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 46 | 35 | 28 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 46 | 35 | 28 |
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 48 | 46 | 52 |
Outlays, gross: | ||||
4010 | Outlays from new discretionary authority | 33 | 34 | 38 |
4011 | Outlays from discretionary balances | 29 | 23 | 21 |
|
|
|
||
4020 | Outlays, gross (total) | 62 | 57 | 59 |
4180 | Budget authority, net (total) | 48 | 46 | 52 |
4190 | Outlays, net (total) | 62 | 57 | 59 |
|
The Housing and Urban Development Act of 1970 directs the Secretary to undertake programs of research, studies, testing, and demonstrations related to HUD's mission. These functions are carried out by HUD's Office of Policy Development and Research, and through contracts with industry, nonprofit research organizations, educational institutions, and through agreements including non-competitive cooperative agreements with State and local governments, other Federal agencies, and philanthropic entities.
The Budget requests $52 million for HUD's Research and Technology program. This request includes $44.5 million to restore and enhance various national housing surveys that are rich sources of data on the nation's housing stock, including the American Housing Survey, the Survey of New Home Sales and Completions, the Survey of Market Absorption of Multifamily Units, the Survey of New Manufactured Housing Placements, and the Rental Housing Finance Survey. Also included in the request is $7 million for research dissemination activities, $100 thousand for the Urban Data Systems, and $500 thousand for housing finance studies. Research will also be conducted as part of HUD's Transformation Initiative and other set-asides.
Object Classification (in millions of dollars)
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Identification code 86–0108–0–1–451 | 2011 actual | 2012 est. | 2013 est. | |
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Direct obligations: | ||||
25.2 | Other services from non-Federal sources | 6 | 7 | 10 |
25.3 | Other goods and services from Federal sources | 40 | 38 | 41 |
41.0 | Grants, subsidies, and contributions | 1 | 1 | 1 |
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99.9 | Total new obligations | 47 | 46 | 52 |
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For contracts, grants, and other assistance, not otherwise provided for, as authorized by title VIII of the Civil Rights Act of 1968, as amended by the Fair Housing Amendments Act of 1988, and section 561 of the Housing and Community Development Act of 1987, as amended, [$70,847,000] $68,000,000, to remain available until September 30, [2013] 2014, of which [$42,500,000] $41,100,000 shall be to carry out activities pursuant to such section 561: Provided, That, notwithstanding 31 U.S.C. 3302, the Secretary may assess and collect fees to cover the costs of the Fair Housing Training Academy, and may use such funds to provide such training: Provided further, That no funds made available under this heading shall be used to lobby the executive or legislative branches of the Federal Government in connection with a specific contract, grant or loan: Provided further, That, of the funds made available under this heading, [$300,000] $500,000 shall be available to the Secretary of Housing and Urban Development for the creation and promotion of translated materials and other programs that support the assistance of persons with limited English proficiency in utilizing the services provided by the Department of Housing and Urban Development. (Department of Housing and Urban Development Appropriations Act, 2012.)
Program and Financing (in millions of dollars)
|
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Identification code 86–0144–0–1–751 | 2011 actual | 2012 est. | 2013 est. | |
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Obligations by program activity: | ||||
0001 | Fair Housing Assistance | 24 | 35 | 27 |
0002 | Fair Housing Initiatives | 72 | 45 | 41 |
0003 | Fair Housing Initiatives TA | 1 | ||
0004 | Limited English Proficiency Program | 1 | ||
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0900 | Total new obligations (object class 41.0) | 98 | 80 | 68 |
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Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 42 | 15 | 7 |
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 72 | 72 | 68 |
1120 | Transferred to other accounts [86–0402] | –1 | ||
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1160 | Appropriation, discretionary (total) | 71 | 72 | 68 |
1930 | Total budgetary resources available | 113 | 87 | 75 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 15 | 7 | 7 |
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||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 49 | 96 | 105 |
3030 | Obligations incurred, unexpired accounts | 98 | 80 | 68 |
3040 | Outlays (gross) | –50 | –71 | –73 |
3081 | Recoveries of prior year unpaid obligations, expired | –1 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 96 | 105 | 100 |
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3100 | Obligated balance, end of year (net) | 96 | 105 | 100 |
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||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 71 | 72 | 68 |
Outlays, gross: | ||||
4010 | Outlays from new discretionary authority | 4 | 7 | 7 |
4011 | Outlays from discretionary balances | 46 | 64 | 66 |
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4020 | Outlays, gross (total) | 50 | 71 | 73 |
4180 | Budget authority, net (total) | 71 | 72 | 68 |
4190 | Outlays, net (total) | 50 | 71 | 73 |
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The Budget requests $68 million for fair housing activities to support efforts to end housing discrimination. Of the amount requested, $26.4 million is for the Fair Housing Assistance Program (FHAP), $41.1 million is for the Fair Housing Initiatives Program (FHIP), and $500 thousand is for the Limited English Proficiency Initiative.
Within this funding is $1.8 million for the National Fair Housing Training Academy (NFTHA), which provides comprehensive fair housing and civil rights training for investigators, local agencies, educators, attorneys, industry representatives and other housing industry professionals.
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 Title VIII (Civil Rights Act of 1968) complaints under substantially equivalent State and local fair housing laws. To be eligible for assistance through FHAP, an agency must demonstrate that the fair housing law it administers is substantially equivalent to the Fair Housing Act. It is estimated that there will be a total of 100 FHAP jurisdictions in 2013. The funding requested for FHAP will support fair housing enforcement by funding State and local fair housing organizations to meet the needs of currently underserved populations. It will also address the persistently high rate of discrimination against minorities and people with disabilities as identified by HUD's 2000 Housing Discrimination Study and provide additional support to FHAP agencies on the heels of the State and local budget crisis.
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.
For the Lead Hazard Reduction Program, as authorized by section 1011 of the Residential Lead-Based Paint Hazard Reduction Act of 1992, $120,000,000, to remain available until September 30, [2013] 2014: Provided, That up to [$10,000,000] $30,000,000 of that amount shall be for the Healthy Homes Initiative, pursuant to sections 501 and 502 of the Housing and Urban Development Act of 1970 that shall include research, studies, testing, and demonstration efforts, including education and outreach concerning lead-based paint poisoning and other housing-related diseases and hazards: Provided further, That for purposes of environmental review, pursuant to the National Environmental Policy Act of 1969 (42 U.S.C. 4321 et seq.) and other provisions of the law that further the purposes of such Act, a grant under the Healthy Homes Initiative[, Operation Lead Elimination Action Plan (LEAP),] or the Lead Technical Studies program under this heading or under prior appropriations Acts for such purposes under this heading, shall be considered to be funds for a special project for purposes of section 305(c) of the Multifamily Housing Property Disposition Reform Act of 1994[: Provided further, That of the total amount made available under this heading, $45,000,000 shall be made available on a competitive basis for areas with the highest lead paint abatement needs: Provided further, That each recipient of funds provided under the third proviso shall make a matching contribution in an amount not less than 25 percent: Provided further, That each applicant shall certify adequate capacity that is acceptable to the Secretary to carry out the proposed use of funds pursuant to a notice of funding availability]: Provided further, That amounts made available under this heading in this or prior appropriations Acts, and that still remain available, may be used for any purpose under this heading notwithstanding the purpose for which such amounts were appropriated if a program competition is undersubscribed and there are other program competitions under this heading that are oversubscribed. (Department of Housing and Urban Development Appropriations Act, 2012.)
Program and Financing (in millions of dollars)
|
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Identification code 86–0174–0–1–451 | 2011 actual | 2012 est. | 2013 est. | |
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Obligations by program activity: | ||||
0001 | Lead Hazard Reduction Grants | 114 | 63 | 86 |
0002 | Lead Hazard Reduction Demonstration | 96 | 45 | |
0003 | Healthy Homes | 40 | 12 | 29 |
0004 | Lead Technical Studies | 4 | 6 | 4 |
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0900 | Total new obligations (object class 41.0) | 254 | 126 | 119 |
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Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 141 | 6 | |
1021 | Recoveries of prior year unpaid obligations | 5 | ||
1029 | Other balances withdrawn | –5 | ||
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1050 | Unobligated balance (total) | 141 | 6 | |
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 120 | 120 | 120 |
1120 | Transferred to other accounts [86–0402] | –1 | –1 | |
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1160 | Appropriation, discretionary (total) | 119 | 120 | 119 |
1930 | Total budgetary resources available | 260 | 126 | 119 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 6 | ||
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||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 346 | 410 | 382 |
3030 | Obligations incurred, unexpired accounts | 254 | 126 | 119 |
3040 | Outlays (gross) | –174 | –154 | –130 |
3080 | Recoveries of prior year unpaid obligations, unexpired | –5 | ||
3081 | Recoveries of prior year unpaid obligations, expired | –11 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 410 | 382 | 371 |
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3100 | Obligated balance, end of year (net) | 410 | 382 | 371 |
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Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 119 | 120 | 119 |
Outlays, gross: | ||||
4010 | Outlays from new discretionary authority | 2 | 2 | |
4011 | Outlays from discretionary balances | 174 | 152 | 128 |
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4020 | Outlays, gross (total) | 174 | 154 | 130 |
4180 | Budget authority, net (total) | 119 | 120 | 119 |
4190 | Outlays, net (total) | 174 | 154 | 130 |
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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 is a major part of addressing the number one environmental disease impacting children: lead poisoning. The Budget includes $86 million for HUD's Lead Hazard Control Program, $30 million for the Healthy Homes Initiative, and $4 million for Technical Studies. The Budget also includes a provision that would allow the transfer of unobligated balances and recaptured funds from undersubscribed competitive programs to other competitive programs experiencing oversubscription. HUD will be requesting authorizing language granting the Secretary authority to carry out investigations, administer oaths, and subpoena documents related to lead hazard investigations.
The Lead Hazard Control Grant Programs provides grants of $1 million to $4 million to State and local governments and Indian tribes for control of lead-based paint hazards in low-income rental and owner-occupied housing. The grants are also designed to stimulate 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. Newly-established programmatic efficiency measures, such as mitigation cost estimates, will help HUD determine best practices and maximize resources.
The Healthy Homes Initiative enables the Department to assess and control housing-related hazards that contribute to childhood diseases and injuries. With funding from this initiative, grantees implement and evaluate methods for controlling two or more housing-related diseases through a single intervention.
The Office of Healthy Homes and Lead Hazard Control will continue its Technical Support program, which includes public education; support for State and local agencies, private property owners, HUD programs and field offices and professional organizations; technical studies to improve program policy and implementation; quality control to ensure that the evaluation and control of lead-based paint hazards is done properly in HUD-assisted housing; and development of standards, technical guidance, regulations and improved testing and hazard control methods.
For necessary salaries and expenses for administration, management and operations of the Department of Housing and Urban Development, [$537,789,000] $532,546,000, of which not to exceed [$3,572,000] $3,822,000 shall be available for the immediate Office of the Secretary; not to exceed [$1,200,000] $1,292,000 shall be for the Office of the Deputy Secretary and the Chief Operating Officer; not to exceed [$1,700,000] $1,765,000 shall be available for the Office of Hearings and Appeals; not to exceed [$741,000] $705,000 shall be available for the Office of Small and Disadvantaged Business Utilization; not to exceed [$47,980,000] $47,627,000 shall be available for the Office of the Chief Financial Officer; not to exceed [$94,000,000] $95,102,000 shall be available for the Office of the General Counsel; not to exceed [$2,400,000] $2,695,000 shall be available to the Office of Congressional and Intergovernmental Relations; not to exceed [$3,515,000] $3,556,000 shall be available for the Office of Public Affairs; not to exceed [$255,436,000] $244,335,000 shall be available for the Office of the Chief Human Capital Officer; not to exceed [$10,475,000] $10,149,000 shall be available for the Office of Departmental Operations and Coordination; not to exceed [$47,500,000] $47,857,000 shall be available for the Office of Field Policy and Management; not to exceed [$14,700,000] $16,563,000 shall be available for the Office of the Chief Procurement Officer; not to exceed [$3,610,000] $3,127,000 shall be available for the Office of Departmental Equal Employment Opportunity; not to exceed [$1,448,000] $1,404,000 shall be available for the Center for Faith-Based and Community Initiatives; not to exceed [$2,627,000] $2,777,000 shall be available for the Office of Sustainable Housing and Communities; not to exceed [$5,000,000] $4,894,000 shall be available for the Office of Strategic Planning and Management; [and] not to exceed [$41,885,000] $38,870,000 shall be available for the Office of the Chief Information Officer; and not to exceed $6,006,000 shall be available for the Office of Disaster and Emergency Management: 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 therefore, as authorized by 5 U.S.C. 5901–5902; hire of passenger motor vehicles; services as authorized by 5 U.S.C. 3109: Provided further, That notwithstanding any other provision of law, funds appropriated under this heading may be used for advertising and promotional activities that support the housing mission area: [Provided further, That the Secretary shall transmit to the House and Senate Committees on Appropriations a detailed budget justification for each office within the Department, including an organizational chart for each operating area within the Department: Provided further, That the budget justification shall include funding levels for the past 3 fiscal years for all offices: Provided further, that the budget submitted by the Department must also include a detailed justification for the incremental funding increases, decreases and FTE fluctuations being requested by program, activity, or program element: Provided further, That the Department shall modify and improve its Resource Estimation and Allocation Program model, or other appropriate staff allocation model as specified in the statement of the managers accompanying this Act: Provided further, That the Secretary shall provide the Committees on Appropriations quarterly written notification regarding the status of pending congressional reports: Provided further, That the Secretary shall provide all signed reports required by Congress electronically:] Provided further, That not to exceed $25,000 of the amount made available under this paragraph for the immediate Office of the Secretary shall be available for official reception and representation expenses as the Secretary may determine. (Department of Housing and Urban Development Appropriations Act, 2012.)
Program and Financing (in millions of dollars)
|
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Identification code 86–0335–0–1–999 | 2011 actual | 2012 est. | 2013 est. | |
|
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Obligations by program activity: | ||||
0001 | Personnel compensation & benefits | 270 | 315 | 320 |
0002 | Non-personnel costs | 247 | 223 | 213 |
0003 | Recovery Act Administrative Costs | 11 | 7 | |
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0900 | Total new obligations | 528 | 545 | 533 |
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Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 18 | 8 | |
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 525 | 538 | 533 |
1130 | Appropriations permanently reduced | –1 | ||
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1160 | Appropriation, discretionary (total) | 524 | 538 | 533 |
Spending authority from offsetting collections, discretionary: | ||||
1700 | Collected | 1 | ||
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1750 | Spending auth from offsetting collections, disc (total) | 1 | ||
1900 | Budget authority (total) | 525 | 538 | 533 |
1930 | Total budgetary resources available | 543 | 546 | 533 |
Memorandum (non-add) entries: | ||||
1940 | Unobligated balance expiring | –7 | –1 | |
1941 | Unexpired unobligated balance, end of year | 8 | ||
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Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 127 | 157 | 84 |
3030 | Obligations incurred, unexpired accounts | 528 | 545 | 533 |
3031 | Obligations incurred, expired accounts | 13 | ||
3040 | Outlays (gross) | –491 | –618 | –537 |
3081 | Recoveries of prior year unpaid obligations, expired | –20 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 157 | 84 | 80 |
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3100 | Obligated balance, end of year (net) | 157 | 84 | 80 |
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Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 525 | 538 | 533 |
Outlays, gross: | ||||
4010 | Outlays from new discretionary authority | 402 | 457 | 453 |
4011 | Outlays from discretionary balances | 89 | 161 | 84 |
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4020 | Outlays, gross (total) | 491 | 618 | 537 |
Offsets against gross budget authority and outlays: | ||||
Offsetting collections (collected) from: | ||||
4030 | Federal sources | –1 | ||
4180 | Budget authority, net (total) | 524 | 538 | 533 |
4190 | Outlays, net (total) | 490 | 618 | 537 |
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As the largest single administrative account in HUD, the Administration, Operations and Management (AOM) account funds many central Departmental functions, including the Office of the Chief Human Capital Officer, the Office of the Chief Financial Officer, the Office of the Chief Procurement Officer, the Office of Departmental Operations and Coordination, the Office of the General Counsel, the Office of Field Policy and Management, the Office of Strategic Planning and Management, the Office of Departmental Equal Employment Opportunity, the Center for Faith-Based and Community Initiatives, and the Office of Disaster and Emergency Management. As a result of account structure changes enacted in 2012, the AOM account now also includes funding for the Office of the Secretary, the Office of the Deputy Secretary and the Chief Operating Officer, the Office of Hearings and Appeals, the Office of Small and Disadvantaged Business Utilization, the Office of Congressional and Intergovernmental Relations, the Office of Public Affairs, and the Office of the Chief Information Officer, the expenses of which were formerly funded in the Working Capital Fund account. The AOM account supports all personnel and non-personnel expenses for these offices.
Object Classification (in millions of dollars)
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Identification code 86–0335–0–1–999 | 2011 actual | 2012 est. | 2013 est. | |
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Direct obligations: | ||||
Personnel compensation: | ||||
11.1 | Full-time permanent | 200 | 243 | 236 |
11.3 | Other than full-time permanent | 2 | 2 | 2 |
11.5 | Other personnel compensation | 2 | 2 | 2 |
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11.9 | Total personnel compensation | 204 | 247 | 240 |
12.1 | Civilian personnel benefits | 66 | 75 | 80 |
21.0 | Travel and transportation of persons | 17 | 9 | 8 |
23.1 | Rental payments to GSA | 102 | 104 | 104 |
23.3 | Communications, utilities, and miscellaneous charges | 26 | 26 | 26 |
24.0 | Printing and reproduction | 2 | 2 | 1 |
25.2 | Other services from non-Federal sources | 85 | 61 | 58 |
25.4 | Operation and maintenance of facilities | 9 | 5 | 5 |
25.7 | Operation and maintenance of equipment | 6 | 5 | 5 |
26.0 | Supplies and materials | 4 | 3 | 3 |
31.0 | Equipment | 6 | 6 | 2 |
42.0 | Insurance claims and indemnities | 1 | 2 | 1 |
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99.9 | Total new obligations | 528 | 545 | 533 |
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Employment Summary
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Identification code 86–0335–0–1–999 | 2011 actual | 2012 est. | 2013 est. | |
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1001 | Direct civilian full-time equivalent employment | 1,948 | 2,335 | 2,296 |
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For necessary salaries and expenses of the Office of Public and Indian Housing, [$200,000,000] $211,634,000. (Department of Housing and Urban Development Appropriations Act, 2012.)
Program and Financing (in millions of dollars)
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Identification code 86–0337–0–1–604 | 2011 actual | 2012 est. | 2013 est. | |
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Obligations by program activity: | ||||
0001 | Personnel costs | 141 | 144 | 150 |
0002 | Benefits | 46 | 47 | 50 |
0003 | Recovery Act - Personnel costs | 2 | 3 | |
0004 | Non-personnel expenses | 9 | 12 | |
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0900 | Total new obligations | 189 | 203 | 212 |
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Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 5 | 3 | |
1010 | Unobligated balance transfer to other accts [86–0334] | –3 | ||
1010 | Unobligated balance transfer to other accts [86–0336] | –1 | ||
1012 | Unobligated balance transfers between expired and unexpired accounts | 4 | ||
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1050 | Unobligated balance (total) | 5 | 3 | |
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 189 | 200 | 212 |
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1160 | Appropriation, discretionary (total) | 189 | 200 | 212 |
1930 | Total budgetary resources available | 194 | 203 | 212 |
Memorandum (non-add) entries: | ||||
1940 | Unobligated balance expiring | –2 | ||
1941 | Unexpired unobligated balance, end of year | 3 | ||
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Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 10 | 3 | 2 |
3030 | Obligations incurred, unexpired accounts | 189 | 203 | 212 |
3031 | Obligations incurred, expired accounts | 5 | ||
3040 | Outlays (gross) | –197 | –204 | –211 |
3081 | Recoveries of prior year unpaid obligations, expired | –4 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 3 | 2 | 3 |
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3100 | Obligated balance, end of year (net) | 3 | 2 | 3 |
|
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Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 189 | 200 | 212 |
Outlays, gross: | ||||
4010 | Outlays from new discretionary authority | 185 | 198 | 209 |
4011 | Outlays from discretionary balances | 12 | 6 | 2 |
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4020 | Outlays, gross (total) | 197 | 204 | 211 |
4180 | Budget authority, net (total) | 189 | 200 | 212 |
4190 | Outlays, net (total) | 197 | 204 | 211 |
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This account provides funding for all salaries and expenses of the Office of Public and Indian Housing, including the Office of the Assistant Secretary. The Office's mission is to ensure safe, decent, and affordable housing for low-income families; create opportunities for residents self-sufficiency and economic independence; reduce improper payments; and support mixed income developments to replace distressed public housing.
Object Classification (in millions of dollars)
|
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Identification code 86–0337–0–1–604 | 2011 actual | 2012 est. | 2013 est. | |
|
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Direct obligations: | ||||
Personnel compensation: | ||||
11.1 | Full-time permanent | 141 | 144 | 147 |
11.5 | Other personnel compensation | 2 | 3 | 3 |
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11.9 | Total personnel compensation | 143 | 147 | 150 |
12.1 | Civilian personnel benefits | 46 | 47 | 50 |
21.0 | Travel and transportation of persons | 4 | 6 | |
25.2 | Other services from non-Federal sources | 5 | 6 | |
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99.9 | Total new obligations | 189 | 203 | 212 |
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Employment Summary
|
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Identification code 86–0337–0–1–604 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
1001 | Direct civilian full-time equivalent employment | 1,509 | 1,518 | 1,555 |
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For necessary salaries and expenses of the Office of Community Planning and Development mission area, [$100,000,000] $103,882,000. (Department of Housing and Urban Development Appropriations Act, 2012.)
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0338–0–1–451 | 2011 actual | 2012 est. | 2013 est. | |
|
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Obligations by program activity: | ||||
0001 | Personnel costs | 73 | 73 | 76 |
0002 | Benefits | 24 | 24 | 25 |
0003 | Recovery Act - Personnel costs | 3 | 6 | |
0004 | Non-personnel expenses | 3 | 3 | |
|
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|
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0900 | Total new obligations | 100 | 106 | 104 |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 12 | 6 | 5 |
1010 | Unobligated balance transfer to other accts [86–0334] | –1 | ||
1010 | Unobligated balance transfer to other accts [86–4586] | –3 | ||
1011 | Unobligated balance transfer from other accts [86–0344] | 5 | ||
1012 | Unobligated balance transfers between expired and unexpired accounts | 1 | ||
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1050 | Unobligated balance (total) | 9 | 11 | 5 |
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 97 | 100 | 104 |
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|
|
||
1160 | Appropriation, discretionary (total) | 97 | 100 | 104 |
1930 | Total budgetary resources available | 106 | 111 | 109 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 6 | 5 | 5 |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 5 | 2 | 1 |
3030 | Obligations incurred, unexpired accounts | 100 | 106 | 104 |
3031 | Obligations incurred, expired accounts | 3 | ||
3040 | Outlays (gross) | –104 | –107 | –104 |
3081 | Recoveries of prior year unpaid obligations, expired | –2 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 2 | 1 | 1 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 2 | 1 | 1 |
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 97 | 100 | 104 |
Outlays, gross: | ||||
4010 | Outlays from new discretionary authority | 94 | 99 | 103 |
4011 | Outlays from discretionary balances | 10 | 8 | 1 |
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|
|
||
4020 | Outlays, gross (total) | 104 | 107 | 104 |
4180 | Budget authority, net (total) | 97 | 100 | 104 |
4190 | Outlays, net (total) | 104 | 107 | 104 |
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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, non-profit and for-profit organizations to administer a wide range of housing, economic development, homeless assistance, infrastructure, disaster recovery, and other community development activities in urban and rural areas across the country. In partnership, the Office and its local funding recipients develop viable communities by providing decent housing, a suitable living environment, and expanded economic opportunities for low- and moderate-income persons.
Object Classification (in millions of dollars)
|
||||
Identification code 86–0338–0–1–451 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Direct obligations: | ||||
Personnel compensation: | ||||
11.1 | Full-time permanent | 75 | 78 | 75 |
11.5 | Other personnel compensation | 1 | 1 | 1 |
|
|
|
||
11.9 | Total personnel compensation | 76 | 79 | 76 |
12.1 | Civilian personnel benefits | 24 | 24 | 25 |
21.0 | Travel and transportation of persons | 1 | 1 | |
25.2 | Other services from non-Federal sources | 2 | 2 | |
|
|
|
||
99.9 | Total new obligations | 100 | 106 | 104 |
|
Employment Summary
|
||||
Identification code 86–0338–0–1–451 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
1001 | Direct civilian full-time equivalent employment | 830 | 825 | 812 |
|
For necessary salaries and expenses of the Office of Housing, [$391,500,000, of which at least $8,200,000 shall be for the Office of Risk and Regulatory Affairs] $398,832,000. (Department of Housing and Urban Development Appropriations Act, 2012.)
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0334–0–1–604 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0001 | Personnel costs | 288 | 289 | 294 |
0002 | Benefits | 95 | 96 | 97 |
0003 | Non-Personnel Service | 7 | 8 | |
|
|
|
||
0900 | Total new obligations | 383 | 392 | 399 |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1011 | Unobligated balance transfer from other accts [86–0337] | 3 | ||
1011 | Unobligated balance transfer from other accts [86–0338] | 1 | ||
1011 | Unobligated balance transfer from other accts [86–0339] | 1 | ||
1011 | Unobligated balance transfer from other accts [86–0340] | 1 | ||
1012 | Unobligated balance transfers between expired and unexpired accounts | 2 | ||
|
|
|
||
1050 | Unobligated balance (total) | 8 | ||
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 382 | 392 | 399 |
1130 | Appropriations permanently reduced | –1 | ||
|
|
|
||
1160 | Appropriation, discretionary (total) | 381 | 392 | 399 |
1930 | Total budgetary resources available | 389 | 392 | 399 |
Memorandum (non-add) entries: | ||||
1940 | Unobligated balance expiring | –6 | ||
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 21 | 9 | 5 |
3030 | Obligations incurred, unexpired accounts | 383 | 392 | 399 |
3031 | Obligations incurred, expired accounts | 7 | ||
3040 | Outlays (gross) | –395 | –396 | –399 |
3081 | Recoveries of prior year unpaid obligations, expired | –7 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 9 | 5 | 5 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 9 | 5 | 5 |
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 381 | 392 | 399 |
Outlays, gross: | ||||
4010 | Outlays from new discretionary authority | 368 | 387 | 394 |
4011 | Outlays from discretionary balances | 27 | 9 | 5 |
|
|
|
||
4020 | Outlays, gross (total) | 395 | 396 | 399 |
Offsets against gross budget authority and outlays: | ||||
Offsetting collections (collected) from: | ||||
4180 | Budget authority, net (total) | 381 | 392 | 399 |
4190 | Outlays, net (total) | 395 | 396 | 399 |
|
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; contribute to building and preserving healthy neighborhoods and communities; operate with a high degree of public and fiscal accountability; and recognize and value its customers, staff, constituents, and partners.
Object Classification (in millions of dollars)
|
||||
Identification code 86–0334–0–1–604 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Direct obligations: | ||||
Personnel compensation: | ||||
11.1 | Full-time permanent | 288 | 287 | 292 |
11.5 | Other personnel compensation | 2 | 2 | |
|
|
|
||
11.9 | Total personnel compensation | 288 | 289 | 294 |
12.1 | Civilian personnel benefits | 95 | 96 | 97 |
21.0 | Travel and transportation of persons | 3 | 3 | |
25.2 | Other services from non-Federal sources | 4 | 5 | |
|
|
|
||
99.9 | Total new obligations | 383 | 392 | 399 |
|
Employment Summary
|
||||
Identification code 86–0334–0–1–604 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
1001 | Direct civilian full-time equivalent employment | 3,204 | 3,174 | 3,191 |
|
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0336–0–1–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0001 | Personnel costs | 9 | ||
0002 | Benefits | 3 | ||
|
|
|
||
0900 | Total new obligations | 12 | ||
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1011 | Unobligated balance transfer from other accts [86–0337] | 1 | ||
1012 | Unobligated balance transfers between expired and unexpired accounts | 1 | ||
|
|
|
||
1050 | Unobligated balance (total) | 2 | ||
Budget authority: | ||||
Appropriations, discretionary: | ||||
1101 | Appropriation (special or trust fund) | 11 | ||
|
|
|
||
1160 | Appropriation, discretionary (total) | 11 | ||
1930 | Total budgetary resources available | 13 | ||
Memorandum (non-add) entries: | ||||
1940 | Unobligated balance expiring | –1 | ||
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 1 | 1 | |
3030 | Obligations incurred, unexpired accounts | 12 | ||
3040 | Outlays (gross) | –12 | –1 | |
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 1 | ||
|
|
|
||
3100 | Obligated balance, end of year (net) | 1 | ||
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 11 | ||
Outlays, gross: | ||||
4010 | Outlays from new discretionary authority | 10 | ||
4011 | Outlays from discretionary balances | 2 | 1 | |
|
|
|
||
4020 | Outlays, gross (total) | 12 | 1 | |
4180 | Budget authority, net (total) | 11 | ||
4190 | Outlays, net (total) | 12 | 1 | |
|
The 2012 Appropriations Act eliminated the Personnel Compensation and Benefits account for the Office of Government National Mortgage Association (GNMA) and approved funding for GNMA salaries and expenses under the "Guarantees of Mortgage-backed Securities Loan Guarantee Program" account, as requested. This funding structure allows GNMA to maintain sufficient staffing, to strengthen risk management and oversight, and to move in-house some functions performed by contractors.
Object Classification (in millions of dollars)
|
||||
Identification code 86–0336–0–1–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Direct obligations: | ||||
11.1 | Personnel compensation: Full-time permanent | 9 | ||
12.1 | Civilian personnel benefits | 3 | ||
|
|
|
||
99.9 | Total new obligations | 12 | ||
|
Employment Summary
|
||||
Identification code 86–0336–0–1–371 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
1001 | Direct civilian full-time equivalent employment | 78 | ||
|
For necessary salaries and expenses of the Office of Policy Development and Research, [$22,211,000] $21,394,000. (Department of Housing and Urban Development Appropriations Act, 2012.)
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0339–0–1–451 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0001 | Personnel costs | 15 | 16 | 15 |
0002 | Benefits | 4 | 4 | 4 |
0003 | Non-personnel expenses | 2 | 2 | |
|
|
|
||
0900 | Total new obligations | 19 | 22 | 21 |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1010 | Unobligated balance transfer to other accts [86–0334] | –1 | ||
1012 | Unobligated balance transfers between expired and unexpired accounts | 1 | ||
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 19 | 22 | 21 |
|
|
|
||
1160 | Appropriation, discretionary (total) | 19 | 22 | 21 |
1930 | Total budgetary resources available | 19 | 22 | 21 |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 1 | 1 | |
3030 | Obligations incurred, unexpired accounts | 19 | 22 | 21 |
3031 | Obligations incurred, expired accounts | 1 | ||
3040 | Outlays (gross) | –20 | –23 | –21 |
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 1 | ||
|
|
|
||
3100 | Obligated balance, end of year (net) | 1 | ||
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 19 | 22 | 21 |
Outlays, gross: | ||||
4010 | Outlays from new discretionary authority | 18 | 22 | 21 |
4011 | Outlays from discretionary balances | 2 | 1 | |
|
|
|
||
4020 | Outlays, gross (total) | 20 | 23 | 21 |
4180 | Budget authority, net (total) | 19 | 22 | 21 |
4190 | Outlays, net (total) | 20 | 23 | 21 |
|
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 existing programs. The Office also provides reliable and objective data, technical and statistical sampling support, and analysis to help inform policy decisions.
Object Classification (in millions of dollars)
|
||||
Identification code 86–0339–0–1–451 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Direct obligations: | ||||
11.1 | Personnel compensation: Full-time permanent | 15 | 16 | 15 |
12.1 | Civilian personnel benefits | 4 | 4 | 4 |
25.2 | Other services from non-Federal sources | 2 | 2 | |
|
|
|
||
99.9 | Total new obligations | 19 | 22 | 21 |
|
Employment Summary
|
||||
Identification code 86–0339–0–1–451 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
1001 | Direct civilian full-time equivalent employment | 148 | 151 | 145 |
|
For necessary salaries and expenses of the Office of Fair Housing and Equal Opportunity, [$72,600,000] $74,296,000. (Department of Housing and Urban Development Appropriations Act, 2012.)
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0340–0–1–751 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0001 | Personnel costs | 51 | 53 | 54 |
0002 | Benefits | 17 | 17 | 18 |
0003 | Non-personnel expenses | 3 | 2 | |
|
|
|
||
0900 | Total new obligations | 68 | 73 | 74 |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1010 | Unobligated balance transfer to other accts [86–0334] | –1 | ||
1012 | Unobligated balance transfers between expired and unexpired accounts | 1 | ||
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 72 | 73 | 74 |
1120 | Transferred to other accounts [86–4586] | –2 | ||
|
|
|
||
1160 | Appropriation, discretionary (total) | 70 | 73 | 74 |
1930 | Total budgetary resources available | 70 | 73 | 74 |
Memorandum (non-add) entries: | ||||
1940 | Unobligated balance expiring | –2 | ||
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 4 | 2 | 1 |
3030 | Obligations incurred, unexpired accounts | 68 | 73 | 74 |
3031 | Obligations incurred, expired accounts | 1 | ||
3040 | Outlays (gross) | –70 | –74 | –74 |
3081 | Recoveries of prior year unpaid obligations, expired | –1 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 2 | 1 | 1 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 2 | 1 | 1 |
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 70 | 73 | 74 |
Outlays, gross: | ||||
4010 | Outlays from new discretionary authority | 66 | 72 | 73 |
4011 | Outlays from discretionary balances | 4 | 2 | 1 |
|
|
|
||
4020 | Outlays, gross (total) | 70 | 74 | 74 |
4180 | Budget authority, net (total) | 70 | 73 | 74 |
4190 | Outlays, net (total) | 70 | 74 | 74 |
|
This account provides funding for all salaries and expenses of the Office of Fair Housing and Equal Opportunity, including the Office of the Assistant Secretary. The Office administers and enforces the Fair Housing Act and other civil rights laws and establishes policies to ensure all Americans have equal access to the housing of their choice.
Object Classification (in millions of dollars)
|
||||
Identification code 86–0340–0–1–751 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Direct obligations: | ||||
Personnel compensation: | ||||
11.1 | Full-time permanent | 50 | 53 | 53 |
11.5 | Other personnel compensation | 1 | 1 | 1 |
|
|
|
||
11.9 | Total personnel compensation | 51 | 54 | 54 |
12.1 | Civilian personnel benefits | 17 | 17 | 18 |
21.0 | Travel and transportation of persons | 1 | 1 | |
25.2 | Other services from non-Federal sources | 1 | 1 | |
|
|
|
||
99.9 | Total new obligations | 68 | 73 | 74 |
|
Employment Summary
|
||||
Identification code 86–0340–0–1–751 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
1001 | Direct civilian full-time equivalent employment | 568 | 581 | 587 |
|
For necessary salaries and expenses of the Office of Healthy Homes and Lead Hazard Control, [$7,400,000] $6,816,000. (Department of Housing and Urban Development Appropriations Act, 2012.)
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0341–0–1–451 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0001 | Personnel costs | 6 | 6 | 6 |
0002 | Benefits | 1 | 1 | 1 |
|
|
|
||
0900 | Total new obligations | 7 | 7 | 7 |
|
||||
Budgetary Resources: | ||||
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 7 | 7 | 7 |
|
|
|
||
1160 | Appropriation, discretionary (total) | 7 | 7 | 7 |
1930 | Total budgetary resources available | 7 | 7 | 7 |
|
||||
Change in obligated balance: | ||||
3030 | Obligations incurred, unexpired accounts | 7 | 7 | 7 |
3040 | Outlays (gross) | –7 | –7 | –7 |
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 7 | 7 | 7 |
Outlays, gross: | ||||
4010 | Outlays from new discretionary authority | 7 | 7 | 7 |
4180 | Budget authority, net (total) | 7 | 7 | 7 |
4190 | Outlays, net (total) | 7 | 7 | 7 |
|
This account provides funding for all salaries and expenses of the Office of Healthy Homes and Lead Hazard Control. 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 residents.
Object Classification (in millions of dollars)
|
||||
Identification code 86–0341–0–1–451 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Direct obligations: | ||||
11.1 | Personnel compensation: Full-time permanent | 6 | 6 | 6 |
12.1 | Civilian personnel benefits | 1 | 1 | 1 |
|
|
|
||
99.9 | Total new obligations | 7 | 7 | 7 |
|
Employment Summary
|
||||
Identification code 86–0341–0–1–451 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
1001 | Direct civilian full-time equivalent employment | 63 | 59 | 53 |
|
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0333–0–1–604 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0001 | Personnel costs | 17 | ||
0002 | Benefits | 5 | ||
0003 | Non-personnel costs | 1 | ||
|
|
|
||
0900 | Total new obligations | 23 | ||
|
||||
Budgetary Resources: | ||||
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 27 | ||
|
|
|
||
1160 | Appropriation, discretionary (total) | 27 | ||
1930 | Total budgetary resources available | 27 | ||
Memorandum (non-add) entries: | ||||
1940 | Unobligated balance expiring | –4 | ||
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 3 | 1 | |
3030 | Obligations incurred, unexpired accounts | 23 | ||
3031 | Obligations incurred, expired accounts | 2 | ||
3040 | Outlays (gross) | –26 | –1 | |
3081 | Recoveries of prior year unpaid obligations, expired | –1 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 1 | ||
|
|
|
||
3100 | Obligated balance, end of year (net) | 1 | ||
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 27 | ||
Outlays, gross: | ||||
4010 | Outlays from new discretionary authority | 22 | ||
4011 | Outlays from discretionary balances | 4 | 1 | |
|
|
|
||
4020 | Outlays, gross (total) | 26 | 1 | |
4180 | Budget authority, net (total) | 27 | ||
4190 | Outlays, net (total) | 26 | 1 | |
|
The Executive Direction account previously supported the salaries and expenses of various high-level management offices, including the immediate offices of the Secretary, Deputy Secretary, and Assistant Secretaries across the Department. The 2012 Appropriations Act eliminated the Executive Direction account, and funded the salaries and expenses of these positions under the Administration, Operations and Management account or the appropriate Program Office Salaries and Expenses accounts.
Object Classification (in millions of dollars)
|
||||
Identification code 86–0333–0–1–604 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Direct obligations: | ||||
11.1 | Personnel compensation: Full-time permanent | 17 | ||
12.1 | Civilian personnel benefits | 5 | ||
21.0 | Travel and transportation of persons | 1 | ||
|
|
|
||
99.9 | Total new obligations | 23 | ||
|
Employment Summary
|
||||
Identification code 86–0333–0–1–604 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
1001 | Direct civilian full-time equivalent employment | 143 | ||
|
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0143–0–1–999 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Direct program: | ||||
0001 | Gulf States Disaster related activites | 4 | 1 | 1 |
0801 | DHAP reimbursable program activities | 3 | ||
|
|
|
||
0900 | Total new obligations | 4 | 4 | 1 |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 10 | 6 | 2 |
1930 | Total budgetary resources available | 10 | 6 | 2 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 6 | 2 | 1 |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 12 | 6 | 4 |
3030 | Obligations incurred, unexpired accounts | 4 | 4 | 1 |
3040 | Outlays (gross) | –6 | –6 | –2 |
3081 | Recoveries of prior year unpaid obligations, expired | –4 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 6 | 4 | 3 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 6 | 4 | 3 |
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
Outlays, gross: | ||||
4011 | Outlays from discretionary balances | 6 | 6 | 2 |
Offsets against gross budget authority and outlays: | ||||
Offsetting collections (collected) from: | ||||
4190 | Outlays, net (total) | 6 | 6 | 2 |
|
Beginning with the passage of the Consolidated Appropriations Act, 2008, this account no longer receives annual appropriations for Departmental administrative expenses. Instead, salary and expense funds are distributed across multiple accounts, achieving greater transparency and accountability within the Department. Resources in this account reflect prior-year appropriations, as well as funds for disaster-related administrative expenses and certain interagency agreements.
Object Classification (in millions of dollars)
|
||||
Identification code 86–0143–0–1–999 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
25.2 | Direct obligations: Other services from non-Federal sources | 1 | 1 | 1 |
99.0 | Reimbursable obligations | 3 | 3 | |
|
|
|
||
99.9 | Total new obligations | 4 | 4 | 1 |
|
For necessary salaries and expenses of the Office of Inspector General in carrying out the Inspector General Act of 1978, as amended, [$124,000,000: Provided, That the Inspector General shall have independent authority over all personnel issues within this office]$125,600,000. (Department of Housing and Urban Development Appropriations Act, 2012.)
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0189–0–1–451 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0001 | Direct program | 125 | 124 | 126 |
0002 | Gulf States Disaster related activites | 3 | 2 | |
0003 | Recovery Act related activities | 6 | 5 | 2 |
|
|
|
||
0900 | Total new obligations | 134 | 131 | 128 |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 19 | 10 | 3 |
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 125 | 124 | 126 |
|
|
|
||
1160 | Appropriation, discretionary (total) | 125 | 124 | 126 |
1930 | Total budgetary resources available | 144 | 134 | 129 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 10 | 3 | 1 |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 20 | 19 | 23 |
3030 | Obligations incurred, unexpired accounts | 134 | 131 | 128 |
3031 | Obligations incurred, expired accounts | 2 | ||
3040 | Outlays (gross) | –133 | –127 | –128 |
3081 | Recoveries of prior year unpaid obligations, expired | –4 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 19 | 23 | 23 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 19 | 23 | 23 |
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 125 | 124 | 126 |
Outlays, gross: | ||||
4010 | Outlays from new discretionary authority | 110 | 103 | 105 |
4011 | Outlays from discretionary balances | 23 | 24 | 23 |
|
|
|
||
4020 | Outlays, gross (total) | 133 | 127 | 128 |
4180 | Budget authority, net (total) | 125 | 124 | 126 |
4190 | Outlays, net (total) | 133 | 127 | 128 |
|
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 $125.6 million to support agency-wide audit and investigative functions.
Object Classification (in millions of dollars)
|
||||
Identification code 86–0189–0–1–451 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Direct obligations: | ||||
Personnel compensation: | ||||
11.1 | Full-time permanent | 77 | 76 | 73 |
11.5 | Other personnel compensation | 2 | 2 | 2 |
|
|
|
||
11.9 | Total personnel compensation | 79 | 78 | 75 |
12.1 | Civilian personnel benefits | 25 | 24 | 23 |
21.0 | Travel and transportation of persons | 5 | 5 | 6 |
23.1 | Rental payments to GSA | 6 | 8 | 9 |
25.2 | Other services from non-Federal sources | 18 | 14 | 14 |
26.0 | Supplies and materials | 1 | 1 | 1 |
31.0 | Equipment | 1 | ||
|
|
|
||
99.9 | Total new obligations | 134 | 131 | 128 |
|
Employment Summary
|
||||
Identification code 86–0189–0–1–451 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
1001 | Direct civilian full-time equivalent employment | 712 | 665 | 645 |
|
For additional capital for the Working Capital Fund (42 U.S.C. 3535) for the development of, modifications to, and infrastructure for Department-wide and program-specific information technology systems, for the continuing operation and maintenance of both Department-wide and program-specific information systems, and for program-related maintenance activities, [$199,035,000] $170,000,000, to remain available until September 30, [2013] 2014: 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 the purposes for which such amounts were appropriated[: Provided further, That not more than 25 percent of the funds made available under this heading for Development, Modernization and Enhancement, including development and deployment of a Next Generation of Voucher Management System and development and deployment of modernized Federal Housing Administration systems may be obligated until the Secretary submits to the Committees on Appropriations a plan for expenditure that—(A) identifies for each modernization project: (i) the functional and performance capabilities to be delivered and the mission benefits to be realized, (ii) the estimated life-cycle cost, and (iii) key milestones to be met; (B) demonstrates that each modernization project is: (i) compliant with the department's enterprise architecture, (ii) being managed in accordance with applicable life-cycle management policies and guidance, (iii) subject to the department's capital planning and investment control requirements, and (iv) supported by an adequately staffed project office; and (C) has been reviewed by the Government Accountability Office]. (Department of Housing and Urban Development Appropriations Act, 2012.)
Program and Financing (in millions of dollars)
|
||||
Identification code 86–4586–0–4–451 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0001 | Information Technology Expenses | 229 | 290 | 262 |
0002 | OCIO Salaries and Expenses | 42 | ||
0003 | Recovery Act Related Activities | 3 | 1 | |
|
|
|
||
0900 | Total new obligations | 274 | 291 | 262 |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 59 | 64 | 53 |
1011 | Unobligated balance transfer from other accts [86–0338] | 3 | ||
1011 | Unobligated balance transfer from other accts [86–0344] | 5 | ||
1021 | Recoveries of prior year unpaid obligations | 2 | 4 | 4 |
|
|
|
||
1050 | Unobligated balance (total) | 64 | 73 | 57 |
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 200 | 199 | 170 |
1121 | Transferred from other accounts [86–0183] | 71 | 72 | 72 |
1121 | Transferred from other accounts [86–0340] | 2 | ||
|
|
|
||
1160 | Appropriation, discretionary (total) | 273 | 271 | 242 |
Spending authority from offsetting collections, discretionary: | ||||
1700 | Collected | 1 | ||
|
|
|
||
1750 | Spending auth from offsetting collections, disc (total) | 1 | ||
1900 | Budget authority (total) | 274 | 271 | 242 |
1930 | Total budgetary resources available | 338 | 344 | 299 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 64 | 53 | 37 |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 255 | 205 | 165 |
3010 | Uncollected pymts, Fed sources, brought forward, Oct 1 | –2 | –2 | –2 |
|
|
|
||
3020 | Obligated balance, start of year (net) | 253 | 203 | 163 |
3030 | Obligations incurred, unexpired accounts | 274 | 291 | 262 |
3040 | Outlays (gross) | –319 | –327 | –284 |
3080 | Recoveries of prior year unpaid obligations, unexpired | –2 | –4 | –4 |
3081 | Recoveries of prior year unpaid obligations, expired | –3 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 205 | 165 | 139 |
3091 | Uncollected pymts, Fed sources, end of year | –2 | –2 | –2 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 203 | 163 | 137 |
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 274 | 271 | 242 |
Outlays, gross: | ||||
4010 | Outlays from new discretionary authority | 76 | 203 | 182 |
4011 | Outlays from discretionary balances | 243 | 124 | 102 |
|
|
|
||
4020 | Outlays, gross (total) | 319 | 327 | 284 |
Offsets against gross budget authority and outlays: | ||||
Offsetting collections (collected) from: | ||||
4030 | Federal sources | –1 | ||
4180 | Budget authority, net (total) | 273 | 271 | 242 |
4190 | Outlays, net (total) | 318 | 327 | 284 |
|
The Working Capital Fund (WCF), authorized by the Department of Housing and Urban Development Act of 1965, provides funding to support the information technology (IT) systems that support Departmental programs and operations, including FHA Mortgage Insurance, housing assistance, grant and disaster relief programs, as well as core financial and general operations. The Budget provides $170 million for the Working Capital Fund, primarily for the operation and maintenance of HUD's IT infrastructure and systems. While funding for the development, modernization, and enhancement (DME) of IT systems will be largely funded by the Transformation Initiative, small tasks related to DME may be funded from the WCF, as necessary. Additional transfers from program offices will supplement the direct appropriation to support program-specific IT systems.
As a result of the 2012 Appropriations Act, this account no longer supports the administrative expenses of the Office of the Chief Information Officer (OCIO). Salaries and expenses for the OCIO are funded within the Administration, Operations and Management account.
Object Classification (in millions of dollars)
|
||||
Identification code 86–4586–0–4–451 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Direct obligations: | ||||
11.1 | Personnel compensation: Full-time permanent | 34 | ||
12.1 | Civilian personnel benefits | 8 | ||
23.3 | Communications, utilities, and miscellaneous charges | 164 | 184 | 174 |
25.3 | Other goods and services from Federal sources | 1 | 1 | |
25.7 | Operation and maintenance of equipment | 65 | 103 | 84 |
31.0 | Equipment | 3 | 3 | 3 |
|
|
|
||
99.9 | Total new obligations | 274 | 291 | 262 |
|
Employment Summary
|
||||
Identification code 86–4586–0–4–451 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
1001 | Direct civilian full-time equivalent employment | 309 | ||
|
[For necessary expenses of research, evaluation, and program metrics activities; program demonstrations; and technical assistance and capacity building, $50,000,000 to remain] Of the amounts made available in this Act under each of the following headings under this title, the Secretary may transfer to, and merge with, this account up to 0.5 percent from each such account, and such transferred amounts shall be available until September 30, [2014] 2015, for (1) research, evaluation, and program metrics; (2) program demonstrations; (3) technical assistance and capacity building; and (4) information technology: "Choice Neighborhoods Initiative", "Community Development Fund", "Fair Housing Activities", "Family Self-Sufficiency", "HOME Investment Partnerships Program", "Homeless Assistance Grants", "Housing Counseling Assistance", "Housing for Persons with Disabilities", "Housing for the Elderly", "Housing Opportunities for Persons with AIDS", "Lead Hazard Reduction", "Mutual Mortgage Insurance Program Account", "Native American Housing Block Grants", "Native Hawaiian Housing Block Grant", "Payment to the Manufactured Housing Fees Trust Fund", "Project-Based Rental Assistance", "Public Housing Capital Fund", "Public Housing Operating Fund", and "Tenant-Based Rental Assistance": Provided, That with respect to amounts made available under this heading for research, evaluation and program metrics or program demonstrations, [the Secretary may make grants or enter into cooperative agreements if such grants or agreements include a substantial match contribution,] notwithstanding section 204 of this title, the Secretary may enter into cooperative agreements funded with philanthropic entities, other Federal agencies, or State or local governments and their agencies for research projects: Provided further, That with respect to the previous proviso, such partners to the cooperative agreements must contribute at least a 50 percent match toward the cost of the project. (Department of Housing and Urban Development Appropriations Act, 2012.)
Program and Financing (in millions of dollars)
|
||||
Identification code 86–0402–0–1–451 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0001 | TI Research and Demonstrations | 25 | 51 | 12 |
0002 | TI Technical Assistance and Capacity Building | 32 | 64 | 43 |
0003 | TI Information Technology | 45 | 113 | 59 |
0004 | Combat Mortgage Fraud | 16 | 4 | |
|
|
|
||
0900 | Total new obligations (object class 25.2) | 118 | 232 | 114 |
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 225 | 277 | 95 |
1021 | Recoveries of prior year unpaid obligations | 1 | ||
|
|
|
||
1050 | Unobligated balance (total) | 226 | 277 | 95 |
Budget authority: | ||||
Appropriations, discretionary: | ||||
1100 | Appropriation | 71 | 50 | |
1121 | Transferred from other accounts [86–0162] | 35 | 16 | |
1121 | Transferred from other accounts [86–0176] | 1 | ||
1121 | Transferred from other accounts [86–0205] | 16 | 5 | |
1121 | Transferred from other accounts [86–0192] | 13 | 11 | |
1121 | Transferred from other accounts [86–0308] | 3 | 2 | |
1121 | Transferred from other accounts [86–0302] | 6 | 25 | |
1121 | Transferred from other accounts [86–0163] | 15 | 23 | |
1121 | Transferred from other accounts [86–0218] | 1 | ||
1121 | Transferred from other accounts [86–0320] | 4 | 2 | |
1121 | Transferred from other accounts [86–0237] | 1 | 1 | |
1121 | Transferred from other accounts [86–0174] | 1 | 1 | |
1121 | Transferred from other accounts [86–0183] | 1 | 1 | |
1121 | Transferred from other accounts [86–0144] | 1 | ||
1121 | Transferred from other accounts [86–0303] | 19 | ||
1121 | Transferred from other accounts [86–0304] | 10 | ||
1121 | Transferred from other accounts [86–0313] | 3 | ||
1121 | Transferred from other accounts [86–0349] | 1 | ||
|
|
|
||
1160 | Appropriation, discretionary (total) | 169 | 50 | 120 |
1930 | Total budgetary resources available | 395 | 327 | 215 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 277 | 95 | 101 |
|
||||
Change in obligated balance: | ||||
Obligated balance, start of year (net): | ||||
3000 | Unpaid obligations, brought forward, Oct 1 (gross) | 33 | 106 | 257 |
3030 | Obligations incurred, unexpired accounts | 118 | 232 | 114 |
3040 | Outlays (gross) | –44 | –81 | –101 |
3080 | Recoveries of prior year unpaid obligations, unexpired | –1 | ||
Obligated balance, end of year (net): | ||||
3090 | Unpaid obligations, end of year (gross) | 106 | 257 | 270 |
|
|
|
||
3100 | Obligated balance, end of year (net) | 106 | 257 | 270 |
|
||||
Budget authority and outlays, net: | ||||
Discretionary: | ||||
4000 | Budget authority, gross | 169 | 50 | 120 |
Outlays, gross: | ||||
4010 | Outlays from new discretionary authority | 1 | 1 | |
4011 | Outlays from discretionary balances | 44 | 80 | 100 |
|
|
|
||
4020 | Outlays, gross (total) | 44 | 81 | 101 |
4180 | Budget authority, net (total) | 169 | 50 | 120 |
4190 | Outlays, net (total) | 44 | 81 | 101 |
|
Initiated in 2010, the Transformation Initiative (TI) is an ongoing effort aimed at increasing the effectiveness of program and service delivery, facilitating an evidence-based approach to improving program outcomes, and enabling innovative approaches to address the nation's housing and urban development problems. By aggregating limited transfers from HUD's program accounts, the Department can continue this integrated and cross-cutting effort to improve program performance. The 2013 Budget proposes to limit TI transfers to a maximum of 0.5 percent per program and approximately $120 million in total. The Budget proposes to use these funds for four complementary purposes: (1) research, evaluation and program metrics, (2) program demonstrations, (3) technical assistance and capacity building, and 4) information technology.
The TI provides a predictable stream of funding for high quality research and evaluation that will inform sound policymaking. The initiative supplements Research and Technology appropriations, which are mainly dedicated to funding housing data, such as the American Housing Survey. This initiative funds program evaluation and research that is needed to ensure that program funds are spent effectively, as well as to develop appropriate metrics to track program performance between evaluations. The systemic and scientific approach enabled by TI will highlight those programs that are effective and those that require reform, so that timely modifications can occur.
The TI also enables HUD to design and execute a series of major research demonstrations that rigorously test new program innovations. Demonstrations can be used to explore fundamental questions about housing market dynamics and their impact on economic, social and environmental objectives. The demonstrations will improve programs, help State and local governments, non-profits, and for profit organizations to develop more effective strategies for housing and community and economic development, and improve the delivery and reduce the cost of public services.
Traditionally, HUD has delivered program-oriented technical assistance to ensure that HUD grantees are fully aware of the rules governing the disparate programs. While awareness of rules is necessary, effective responses to urban and housing challenges increasingly require coordination and awareness of diverse areas of knowledge: housing finance as well as land use, energy efficiency as well as healthy homes, community development as well as transportation planning, and accessibility as well as job creation. The TI enables HUD to develop enhanced and focused support to deliver cross-program technical assistance for States, local governments, and other HUD grantees for integrated management and planning across programs and jurisdictions. In addition, the 2013 Budget for TI includes $15 million for the continued support of the National Resource Network, a component of the Strong Cities, Strong Communities (SC2) interagency effort, to provide tailored, expert technical assistance to chronically distressed cities. Providing cross-cutting knowledge with program requirements will produce results while avoiding fraud, waste and abuse.
With the initiation of the TI in 2010, the Department began a series of efforts to transform how HUD develops IT solutions to support its strategic goals and its use of technology to meet today's mission challenges. The TI funding provided in 2010 and 2011 helped HUD responsibly plan and begin implementing modern capabilities to transform core and back office business capabilities well into fiscal year 2013. Additional funding was not requested in fiscal year 2012 for this reason. The TI complements the funding for basic, steady-state maintenance and operations provided by the Working Capital Fund.
The following table illustrates the maximum and estimated transfers from HUD's programs into the Transformation Initiative account in 2013.
|
|||
2013 | 2013 | ||
|
|||
|
|||
Program Name (amounts in thousands) | Treasury | Maximum | Estimated |
|
|||
|
|||
Account | Transfer | Transfer | |
|
|||
|
|||
|
|||
|
|||
Choice Neighborhoods | 86–0349 | 750 | 750 |
Community Development Fund | 86–0162 | 15,715 | 15,715 |
Fair Housing Activities | 86–0144 | 340 | 340 |
Family Self Sufficiency | 86–0350 | 300 | 300 |
HOME Investment Partnerships Program | 86–0205 | 5,000 | 5,000 |
Homeless Assistance Grants | 86–0192 | 11,155 | 11,155 |
Housing Counseling Assistance | 86–0156 | 275 | 275 |
Housing for Persons with Disabilities | 86–0237 | 750 | 750 |
Housing for the Elderly | 86–0320 | 2,375 | 2,375 |
Housing Opportunities for Persons with AIDS | 86–0308 | 1,650 | 1,650 |
Lead Hazard Reduction | 86–0174 | 600 | 600 |
Mutual Mortgage Insurance Program Account | 86–0183 | 717 | 717 |
Native American Housing Block Grants | 86–0313 | 3,250 | 3,250 |
Native Hawaiian Housing Block Grants | 86–0235 | 65 | 65 |
Payment to the Manufactured Housing Fees Trust Fund | 86–0234 | 20 | 20 |
Project-Based Rental Assistance | 86–0303 | 43,502 | 19,068 |
Public Housing Capital Fund | 86–0304 | 10,350 | 10,350 |
Public Housing Operating Fund | 86–0163 | 22,620 | 22,620 |
|
|||
Tenant-Based Rental Assistance | 86–0302 | 95,372 | 25,000 |
|
|
|
|
Transfer Total | 214,8061 | 120,0002 | |
|
Special and Trust Fund Receipts (in millions of dollars)
|
||||
Identification code 86–8093–0–7–451 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
0100 | Balance, start of year | |||
Receipts: | ||||
0220 | Gifts and Bequests | 3 | ||
|
|
|
||
0400 | Total: Balances and collections | 3 | ||
Appropriations: | ||||
0500 | Gifts and Bequests | –3 | ||
|
|
|
||
0799 | Balance, end of year | |||
|
Program and Financing (in millions of dollars)
|
||||
Identification code 86–8093–0–7–451 | 2011 actual | 2012 est. | 2013 est. | |
|
||||
Obligations by program activity: | ||||
0001 | Gifts and bequests | 1 | ||
|
|
|
||
0900 | Total new obligations (object class 25.5) | 1 | ||
|
||||
Budgetary Resources: | ||||
Unobligated balance: | ||||
1000 | Unobligated balance brought forward, Oct 1 | 3 | 3 | |
Budget authority: | ||||
Appropriations, mandatory: | ||||
1201 | Appropriation (special or trust fund) | 3 | ||
|
|
|
||
1260 | Appropriations, mandatory (total) | 3 | ||
1930 | Total budgetary resources available | 3 | 3 | 3 |
Memorandum (non-add) entries: | ||||
1941 | Unexpired unobligated balance, end of year | 3 | 3 | 2 |
|
||||
Change in obligated balance: | ||||
3030 | Obligations incurred, unexpired accounts | 1 | ||
3040 | Outlays (gross) | –1 | ||
|
||||
Budget authority and outlays, net: | ||||
Mandatory: | ||||
4090 | Budget authority, gross | 3 | ||
Outlays, gross: | ||||
4101 | Outlays from mandatory balances | 1 | ||
4180 | Budget authority, net (total) | 3 | ||
4190 | Outlays, net (total) | 1 | ||
|
The Secretary of Housing and Urban Development (HUD) is authorized to accept, hold, administer, and utilize gifts and bequests of property, both real and personal, for the purpose of aiding or facilitating the work of the Department (42 U.S.C. 3535(k)). Property and the proceeds are used in accordance with the terms of the gift and bequest.
The amounts provided in 2011 contribute to an interagency effort called Strong Cities, Strong Communities (SC2) to help chronically distressed communities to better employ the Federal investments they already receive, promote high-impact strategies, and build the local capacity needed to execute those strategies. These amounts will specifically help the development and funding of two-year fellowship grants that will attract early and midcareer professionals with technical expertise in such fields as urban planning and economic development, infrastructure redevelopment, and workforce training to provide technical support for this effort.
(in millions of dollars)
|
||||
2011 actual | 2012 est. | 2013 est. | ||
|
||||
Offsetting receipts from the public: | ||||
86–271910 | FHA-general and Special Risk, Negative Subsidies | 492 | 396 | 588 |
86–271930 | FHA-general and Special Risk, Downward Reestimates of Subsidies | 542 | 2,216 | |
86–274330 | Indian Housing Loan Guarantees, Downward Reestimates of Subsidies | 4 | 1 | |
86–276230 | Title VI Indian Loan Guarantee Downward Reestimate | 3 | 3 | |
86–277330 | Community Development Loan Guarantees, Downward Reestimates | 14 | 10 | |
86–279930 | Native Hawaiian Housing Loan Guarantees, Downward Reestimates of Subsidies | 6 | ||
86–322000 | All Other General Fund Proprietary Receipts Including Budget Clearing Accounts | 12 | 12 | 12 |
General Fund Offsetting receipts from the public | 1,067 | 2,644 | 600 | |
|
||||
Intragovernmental payments: | ||||
86–388510 | Undistributed Intragovernmental Payments | 8 | 7 | 7 |
|
|
|
||
General Fund Intragovernmental payments | 8 | 7 | 7 | |
|
(including[rescission]cancellation and transfer of funds)
SEC. 201. Fifty percent of the amounts of budget authority, or in lieu thereof 50 percent of the cash amounts associated with such budget authority, that are recaptured from projects described in section 1012(a) of the Stewart B. McKinney Homeless Assistance Amendments Act of 1988 (42 U.S.C. 1437 note) shall be [rescinded] cancelled or in the case of cash, shall be remitted to the Treasury, and such amounts of budget authority or cash recaptured and not [rescinded] 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 [rescinded] 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 [2012] 2013 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. (a) Notwithstanding section 854(c)(1)(A) of the AIDS Housing Opportunity Act (42 U.S.C. 12903(c)(1)(A)), from any amounts made available under this title for fiscal year [2012] 2013 that are allocated under such section, the Secretary of Housing and Urban Development shall allocate and make a grant, in the amount determined under subsection (b), for any State that—(1) received an allocation in a prior fiscal year under clause (ii) of such section; and
(2) is not otherwise eligible for an allocation for fiscal year [2012] 2013 under such clause (ii) because the areas in the State outside of the metropolitan statistical areas that qualify under clause (i) in fiscal year [2011] 2013 do not have the number of cases of acquired immunodeficiency syndrome (AIDS) required under such clause.
(b) The amount of the allocation and grant for any State described in subsection (a) shall be an amount based on the cumulative number of AIDS cases in the areas of that State that are outside of metropolitan statistical areas that qualify under clause (i) of such section 854(c)(1)(A) in fiscal year [2012] 2013, in proportion to AIDS cases among cities and States that qualify under clauses (i) and (ii) of such section and States deemed eligible under subsection (a).
(c) Notwithstanding any other provision of law, the amount allocated for fiscal year [2012] 2013 under section 854(c) of the AIDS Housing Opportunity Act (42 U.S.C. 12903(c)), to the city of New York, New York, on behalf of the New York-Wayne-White Plains, New York-New Jersey Metropolitan Division (hereafter "metropolitan division'') of the New York-Newark-Edison, NY-NJ-PA Metropolitan Statistical Area, shall be adjusted by the Secretary of Housing and Urban Development by:
(1) allocating to the city of Jersey City, New Jersey, the proportion of the metropolitan area's or division's amount that is based on the number of cases of AIDS reported in the portion of the metropolitan area or division that is located in Hudson County, New Jersey, and adjusting for the proportion of the metropolitan division's high-incidence bonus if this area in New Jersey also has a higher than average per capita incidence of AIDS; and
(2) allocating to the city of Paterson, New Jersey, the proportion of the metropolitan area's or division's amount that is based on the number of cases of AIDS reported in the portion of the metropolitan area or division that is located in Bergen County and Passaic County, New Jersey, and adjusting for the proportion of the metropolitan division's high incidence bonus if this area in New Jersey also has a higher than average per capita incidence of AIDS. The recipient cities shall use amounts allocated under this subsection to carry out eligible activities under section 855 of the AIDS Housing Opportunity Act (42 U.S.C. 12904) in their respective portions of the metropolitan division that is located in New Jersey.
(d) Notwithstanding any other provision of law, the amount allocated for fiscal year [2012] 2013 under section 854(c) of the AIDS Housing Opportunity Act (42 U.S.C. 12903(c)) to areas with a higher than average per capita incidence of AIDS, shall be adjusted by the Secretary on the basis of area incidence reported over a 3-year period.
(e) Section 203(a)(2) of the Department of Housing and Urban Development Appropriations Act, 2012 is amended by striking "2011" and inserting "2012".
SEC. 204. Except as explicitly provided in law, any grant, cooperative agreement or other assistance made pursuant to title II of this Act shall be made on a competitive basis and in accordance with section 102 of the Department of Housing and Urban Development Reform Act of 1989 (42 U.S.C. 3545). SEC. 205. 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. 206. Unless otherwise provided for in this Act or through a reprogramming of funds, no part of any appropriation for the Department of Housing and Urban Development shall be available for any program, project or activity in excess of amounts set forth in the budget estimates submitted to Congress.]SEC. [207]206. 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 [2012] 2013 for such corporation or agency except as hereinafter provided: Provided, That collections of these corporations and agencies may be used for new loan or mortgage purchase commitments only to the extent expressly provided for in this Act (unless such loans are in support of other forms of assistance provided for in this or prior appropriations Acts), except that this proviso shall not apply to the mortgage insurance or guaranty operations of these corporations, or where loans or mortgage purchases are necessary to protect the financial interest of the United States Government.SEC. [208]207. The Secretary of Housing and Urban Development shall provide quarterly reports to the House and Senate Committees on Appropriations regarding all uncommitted, unobligated, recaptured and excess funds in each program and activity within the jurisdiction of the Department [and shall submit additional, updated budget information to these Committees upon request].SEC. [209]208. (a) Notwithstanding any other provision of law, the amount allocated for fiscal year [2012] 2013 under section 854(c) of the AIDS Housing Opportunity Act (42 U.S.C. 12903(c)), to the city of Wilmington, Delaware, on behalf of the Wilmington, Delaware-Maryland-New Jersey Metropolitan Division (hereafter "metropolitan division''), shall be adjusted by the Secretary of Housing and Urban Development by allocating to the State of New Jersey the proportion of the metropolitan division's amount that is based on the number of cases of AIDS reported in the portion of the metropolitan division that is located in New Jersey, and adjusting for the proportion of the metropolitan division's high incidence bonus if this area in New Jersey also has a higher than average per capita incidence of AIDS. The State of New Jersey shall use amounts allocated to the State under this subsection to carry out eligible activities under section 855 of the AIDS Housing Opportunity Act (42 U.S.C. 12904) in the portion of the metropolitan division that is located in New Jersey.(b) Notwithstanding any other provision of law, the Secretary of Housing and Urban Development shall allocate to Wake County, North Carolina, the amounts that otherwise would be allocated for fiscal year [2012] 2013 under section 854(c) of the AIDS Housing Opportunity Act (42 U.S.C. 12903(c)) to the city of Raleigh, North Carolina, on behalf of the Raleigh-Cary North Carolina Metropolitan Statistical Area. Any amounts allocated to Wake County shall be used to carry out eligible activities under section 855 of such Act (42 U.S.C. 12904) within such metropolitan statistical area.
(c) Notwithstanding section 854(c) of the AIDS Housing Opportunity Act (42 U.S.C. 12903(c)), the Secretary of Housing and Urban Development may adjust the allocation of the amounts that otherwise would be allocated for fiscal year [2012] 2013 under section 854(c) of such Act, upon the written request of an applicant, in conjunction with the State(s), for a formula allocation on behalf of a metropolitan statistical area, to designate the State or States in which the metropolitan statistical area is located as the eligible grantee(s) of the allocation. In the case that a metropolitan statistical area involves more than one State, such amounts allocated to each State shall be in proportion to the number of cases of AIDS reported in the portion of the metropolitan statistical area located in that State. Any amounts allocated to a State under this section shall be used to carry out eligible activities within the portion of the metropolitan statistical area located in that State.
[SEC. 210. The President's formal budget request for fiscal year 2013, as well as the Department of Housing and Urban Development's congressional budget justifications to be submitted to the Committees on Appropriations of the House of Representatives and the Senate, shall use the identical account and sub-account structure provided under this Act.]SEC. [211]209. A public housing agency or such other entity that administers Federal housing assistance for the Housing Authority of the county of Los Angeles, California, the States of Alaska, Iowa, and Mississippi shall not be required to include a resident of public housing or a recipient of assistance provided under section 8 of the United States Housing Act of 1937 on the board of directors or a similar governing board of such agency or entity as required under section (2)(b) of such Act. Each public housing agency or other entity that administers Federal housing assistance under section 8 for the Housing Authority of the county of Los Angeles, California and the States of Alaska, Iowa and Mississippi that chooses not to include a resident of public housing or a recipient of section 8 assistance on the board of directors or a similar governing board shall establish an advisory board of not less than six residents of public housing or recipients of section 8 assistance to provide advice and comment to the public housing agency or other administering entity on issues related to public housing and section 8. Such advisory board shall meet not less than quarterly.SEC. [212]210. (a) Notwithstanding any other provision of law, subject to the conditions listed in subsection (b), for fiscal years [2012] 2013 and [2013] 2014, the Secretary of Housing and Urban Development may authorize the transfer of some or all project-based assistance, debt and statutorily required low-income and very low-income use restrictions, associated with one or more multifamily housing project 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 section (c).
(c) The transfer authorized in subsection (a) is subject to the following conditions:
(1) Number and bedroom size of units.—
(A) For occupied units in the transferring project: the number of low-income and very low-income units and the configuration (i.e. bedroom size) provided by the transferring project shall be no less than when transferred to the receiving project or projects [and the net dollar amount of Federal assistance provided by 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 section 8 budget authority].
(2) The net dollar amount of Federal assistance provided to the transferring project shall remain the same as the receiving project or projects.
([2]3) The transferring project shall, as determined by the Secretary, be either physically obsolete or economically nonviable.
([3]4) The receiving project or projects shall meet or exceed applicable physical standards established by the Secretary.
([4]5) 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]6) 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]7) The Secretary determines that this transfer is in the best interest of the tenants.
([7]8) 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]9) If the transferring project meets the requirements of subsection ([c] d)(2)(E), 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.
(10) The transfer does not increase the cost (as defined in section 502 of the Congressional Budget Act of 1974, as amended) of any FHA-insured mortgage, except to the extent that appropriations are provided in advance for the amount of any such increased cost.
(d) For purposes of this section—
(1) the terms "low-income'' and "very low-income'' shall have the meanings provided by the statute and/or regulations governing the program under which the project is insured or assisted;
(2) the term "multifamily housing project'' means housing that meets one of the following conditions—
(A) housing that is subject to a mortgage insured under the National Housing Act;
(B) housing that has project-based assistance attached to the structure including projects undergoing mark to market debt restructuring under the Multifamily Assisted Housing Reform and Affordability Housing Act;
(C) housing that is assisted under section 202 of the Housing Act of 1959 as amended by section 801 of the Cranston-Gonzales National Affordable Housing Act;
(D) housing that is assisted under section 202 of the Housing Act of 1959, as such section existed before the enactment of the Cranston-Gonzales National Affordable Housing Act; [or]
(E) housing that is assisted under section 811 of the Cranston-Gonzales National Affordable Housing Act; or
([E]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 Housing Act of 1959;
(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 [use] 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) The Secretary shall publish by notice in the Federal Register the terms and conditions, including criteria for HUD approval, of transfers pursuant to this section no later than 30 days before the effective date of such notice.
[SEC. 213. The funds made available for Native Alaskans under the heading "Native American Housing Block Grants'' in title III of this Act shall be allocated to the same Native Alaskan housing block grant recipients that received funds in fiscal year 2005.][SEC. 214. No funds provided under this title may be used for an audit of the Government National Mortgage Association that makes applicable requirements under the Federal Credit Reform Act of 1990 (2 U.S.C. 661 et seq.).][SEC. 215. (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. [216]211. [Notwithstanding the limitation in the first sentence of section 255(g) of the National Housing Act (12 U.S.C. 1715z-g), the Secretary of Housing and Urban Development may, until September] [30, 2012, insure and enter into commitments to insure mortgages under] The first sentence of section 255(g) of the National Housing Act (12 U.S.C. 1715z-20(g)) is repealed.[SEC. 217. Notwithstanding any other provision of law, in fiscal year 2012, 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. 218. The Secretary of Housing and Urban Development shall report quarterly to the House of Representatives and Senate Committees on Appropriations on HUD's use of all sole-source contracts, including terms of the contracts, cost, and a substantive rationale for using a sole-source contract.]SEC. [219]212. During fiscal year [2012] 2013, in the provision of rental assistance under section 8(o) of the United States Housing Act of 1937 (42 U.S.C. 1437f(o)) in connection with a program to demonstrate the economy and effectiveness of providing such assistance for use in assisted living facilities that is carried out in the counties of the State of Michigan notwithstanding paragraphs (3) and (18)(B)(iii) of such section 8(o), a family residing in an assisted living facility in any such county, on behalf of which a public housing agency provides assistance pursuant to section 8(o)(18) of such Act, may be required, at the time the family initially receives such assistance, to pay rent in an amount exceeding 40 percent of the monthly adjusted income of the family by such a percentage or amount as the Secretary of Housing and Urban Development determines to be appropriate.[SEC. 220. Notwithstanding any other provision of law, the recipient of a grant under section 202b of the Housing Act of 1959 (12 U.S.C. 1701q) after December 26, 2000, in accordance with the unnumbered paragraph at the end of section 202(b) of such Act, may, at its option, establish a single-asset nonprofit entity to own the project and may lend the grant funds to such entity, which may be a private nonprofit organization described in section 831 of the American Homeownership and Economic Opportunity Act of 2000.]SEC. [221]213. The [amounts] commitment authority funded by fees as provided under the subheading "Program Account'' under the heading "Community Development Loan Guarantees'' may be used to guarantee, or make commitments to guarantee, notes, or other obligations issued by any State on behalf of non-entitlement communities in the State in accordance with the requirements of section 108 of the Housing and Community Development Act of 1974: Provided, That any State receiving such a guarantee or commitment shall distribute all funds subject to such guarantee to the units of general local government in non-entitlement areas that received the commitment.[SEC. 222. Section 24 of the United States Housing Act of 1937 (42 U.S.C. 1437v) is amended—(1) in subsection (m)(1), by striking "fiscal year'' and all that follows through the period at the end and inserting "fiscal year 2012.''; and
(2) in subsection (o), by striking "September'' and all that follows through the period at the end and inserting "September 30, 2012.''.]
[SEC. 223. Public housing agencies that own and operate 400 or fewer public housing units may elect to be exempt from any asset management requirement imposed by the Secretary of Housing and Urban Development in connection with the operating fund rule: Provided, That an agency seeking a discontinuance of a reduction of subsidy under the operating fund formula shall not be exempt from asset management requirements.][SEC. 224. With respect to the use of amounts provided in this Act and in future Acts for the operation, capital improvement and management of public housing as authorized by sections 9(d) and 9(e) of the United States Housing Act of 1937 (42 U.S.C. 1437g(d) and (e)), the Secretary shall not impose any requirement or guideline relating to asset management that restricts or limits in any way the use of capital funds for central office costs pursuant to section 9(g)(1) or 9(g)(2) of the United States Housing Act of 1937 (42 U.S.C. 1437g(g)(1), (2)): Provided, That a public housing agency may not use capital funds authorized under section 9(d) for activities that are eligible under section 9(e) for assistance with amounts from the operating fund in excess of the amounts permitted under section 9(g)(1) or 9(g)(2).]SEC. [225]214. 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[, not later than 90 days after the date of enactment of this Act,] there is a trained allotment holder [shall be designated] for each HUD subaccount under the heading "Administration, Operations, and Management'' as well as each account receiving appropriations for "Program Office Salaries and Expenses'' within the Department of Housing and Urban Development.[SEC. 226. The Secretary of Housing and Urban Development shall report quarterly to the House and Senate Committees on Appropriations on the status of all section 8 project-based housing, including the number of all project-based units by region as well as an analysis of all federally subsidized housing being refinanced under the Mark-to-Market program. The Secretary shall in the report identify all existing units maintained by region as section 8 project-based units and all project-based units that have opted out of section 8 or have otherwise been eliminated as section 8 project-based units. The Secretary shall identify in detail and by project all the efforts made by the Department to preserve all section 8 project-based housing units and all the reasons for any units which opted out or otherwise were lost as section 8 project-based units. Such analysis shall include a review of the impact of the loss of any subsidized units in that housing marketplace, such as the impact of cost and the loss of available subsidized, low-income housing in areas with scarce housing resources for low-income families.][SEC. 227. Payment of attorney fees in program-related litigation must be paid from individual program office personnel benefits and compensation funding. The annual budget submission for program office personnel benefit and compensation funding must include program-related litigation costs for attorney fees as a separate line item request.]SEC. [228]215. The Secretary of the Department of Housing and Urban Development shall for fiscal year [2012] 2013 and subsequent fiscal years, 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 [2012] 2013 and subsequent fiscal years, 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. [229]216. The Secretary of the Department of Housing and Urban Development is authorized to transfer up to 5 percent or $5,000,000, whichever is less, of the funds appropriated for any office funded under the heading "Administration, Operations, and Management'' to any other office funded under such heading: Provided, That no appropriation for any office funded under the heading "Administration, Operations, and Management'' shall be increased or decreased by more than 5 percent or $5,000,000, whichever is less, without prior written [approval of] notification to the House and Senate Committees on Appropriations: Provided further, That the Secretary is authorized to transfer up to 5 percent or $5,000,000, whichever is less, of the funds appropriated for any account funded under the general heading "Program Office Salaries and Expenses'' to any other account funded under such heading: Provided further, That no appropriation for any account funded under the general heading "Program Office Salaries and Expenses'' shall be increased or decreased by more than 5 percent or $5,000,000, whichever is less, without prior written [approval of] notification to the House and Senate Committees on Appropriations: Provided further, That the Secretary may transfer funds made available for salaries and expenses between any office funded under the heading "Administration, Operations and Management'' and any account funded under the general heading "Program Office Salaries and Expenses'', but only with the prior written [approval of] notification to the House and Senate Committees on Appropriations. SEC. [230]217. The Disaster Housing Assistance Programs, administered by the Department of Housing and Urban Development, shall be considered a "program of the Department of Housing and Urban Development'' under section 904 of the McKinney Act for the purpose of income verifications and matching.[SEC. 231. The Comptroller General of the United States shall carry out a study of the effectiveness of the block grant programs administered by the Office of Community Planning and Development of the Department of Housing and Urban Development, including an examination of best practices utilized by program grantees and performance metrics utilized by the Department. Not later than 180 days of enactment of this Act, the Comptroller General shall submit a report to the Congress describing its findings, including such best practices and performance metrics.][SEC. 232. The Secretary shall take actions necessary to improve data quality, data management, and grantee oversight and accountability with respect to programs and activities administered by the Office of Community Planning and Development. The Secretary shall address the problems identified by the Inspector General of the Department in audits and audit reports since 2006, including ongoing audits, with respect to such programs and activities. Not later than 120 days after enactment of this Act, the Secretary shall submit a report to the Congress on progress achieved by the Department with respect to addressing such problems and identifying further improvements that can be made (including improvements relating to information technology) and proposed actions and timelines to carry out such improvements.]SEC. [233]218. Of the amounts made available for salaries and expenses under all accounts under this title (except for the Office of Inspector General account), a total of up to $10,000,000 may be transferred to and merged with amounts made available in the "Working Capital Fund'' account under this title.[SEC. 234. ([a]) None of the funds made available by this 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, 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 2012.([b]) Subsection (a) shall take effect 120 days after the date of enactment of this Act.]
SEC. [235]219. Title II of [division I of Public Law 108–447 and title III of Public Law 109–115 are each] Division K of Public Law 110–161 is amended by striking the item related to "Flexible Subsidy Fund''.[SEC. 236. Of the unobligated balances remaining from funds appropriated under the heading "Tenant-Based Rental Assistance'' under the "Full-Year Continuing Appropriations Act, 2011'', $650,000,000 are rescinded from the $4,000,000,000 which are available on October 1, 2011: Provided, That such amounts may be derived from reductions to public housing agencies' calendar year 2012 allocations based on the excess amounts of public housing agencies' net restricted assets accounts, including the net restricted assets of MTW agencies (in accordance with VMS data in calendar year 2011 that is verifiable and complete), as determined by the Secretary.][SEC. 237. Section 579 of the Multifamily Assisted Housing Reform and Affordability Act of 1997 (42 U.S.C. 1437f) is amended by striking "October 1, 2011'' each place it appears and inserting in lieu thereof "October 1, 2015''.][SEC. 238. Notwithstanding any other provision of law, for mortgages for which a Federal Housing Administration case number has been assigned during the period beginning on the date of enactment of this Act and ending on December 31, 2013, the dollar amount limitation on the principal obligation for purposes of section 203 of the National Housing Act (12 U.S.C. 1709) shall be considered to be, except for purposes of section 255(g) of such Act (12 U.S.C. 1715z-20(g)), the greater of—(1) the dollar amount limitation on the principal obligation of a mortgage determined under section 203(b)(2) of the National Housing Act (12 U.S.C. 1709(b)(2)); or
(2) the dollar amount limitation that was prescribed for such size residence for such area for 2008 pursuant to section 202 of the Economic Stimulus Act of 2008 (Public Law 110–185; 122 Stat. 620).]
[SEC. 239. Of the funds made available for the 'Department of Housing and Urban Development, Community Planning and Development, Community Development Fund', up to $300,000,000, to remain available until expended, shall be for necessary expenses for activities authorized under title I of the Housing and Community Development Act of 1974 (Public Law 93–383) related to disaster relief, long-term recovery, restoration of infrastructure and housing, and economic revitalization in the most impacted and distressed areas resulting from a major disaster declared pursuant to the Robert T. Stafford Disaster Relief and Emergency Assistance Act (42 U.S.C. 5121 et seq.) in 2011: Provided, That funds shall be awarded directly to the State or unit of general local government at the discretion of the Secretary: Provided further, That prior to the obligation of funds a grantee shall submit a plan to the Secretary detailing the proposed use of all funds, including criteria for eligibility and how the use of these funds will address long-term recovery and restoration of infrastructure: Provided further, That such funds may not be used for activities reimbursable by, or for which funds are made available by, the Federal Emergency Management Agency or the Army Corps of Engineers: Provided further, That funds allocated under this heading shall not be considered relevant to the non-disaster formula allocations under the Community Development Fund: Provided further, That a State or subdivision thereof may use up to 5 percent of its allocation for administrative costs: Provided further, That in administering the funds under this heading, 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 obligation by the Secretary or the use by the recipient of these funds or guarantees (except for requirements related to fair housing, nondiscrimination, labor standards, and the environment), upon a request by a State or subdivision thereof explaining why such waiver is required to facilitate the use of such funds or guarantees, if the Secretary finds that such waiver would not be inconsistent with the overall purpose of title I of the Housing and Community Development Act of 1974: Provided further, That the Secretary shall publish in the Federal Register any waiver of any statute or regulation that the Secretary administers pursuant to title I of the Housing and Community Development Act of 1974 no later than 5 days before the effective date of such waiver: Provided further, That an additional $100,000,000 shall be available for the same purposes and terms described in this section and shall be designated by Congress as being for disaster relief pursuant to section 251(b)(2)(D) of the Balanced Budget and Emergency Deficit Control Act of 1985.]SEC. 220. Paragraph (1) of section 242(i) of the National Housing Act (12 U.S.C. 1715z-7(i)(1)) is amended by striking "July 31, 2011" and inserting "July 31, 2016". SEC. 221. Subparagraph (A) of Section 3(b)(6) of the U.S. Housing Act of 1937 (42 U.S.C. 1437a(b)(6)(A)) is amended by inserting before the period at the end the following: ", or a consortium of such entities or bodies as approved by the Secretary". SEC. 222. Section 8(o) of the U.S. Housing Act of 1937 (42 U.S.C. 1437f(o)) is amended to insert a new paragraph (21) as follows:
"(21) SPONSOR-BASED ASSISTANCE FOR HOMELESS FAMILIES.
"(A) IN GENERAL— A public housing agency may use up to five percent of its authorized units for sponsor-based rental assistance under this paragraph to provide units to house families that meet the definition of "homeless" under section 103 of the McKinney-Vento Homeless Assistance Act (42 U.S.C. 11302).
"(B) HOUSING ASSISTANCE CONTRACT.—Assistance under this paragraph shall be provided pursuant to a contract between the agency and a private nonprofit sponsor for the rental costs of dwelling units owned or leased by the sponsor and that shall be contingent upon the provision of supportive services to assist eligible families in achieving long-term stability. The contract shall provide for evaluation of the sponsor by the public housing agency at least once every two years for compliance and performance under the contract.
"(C) CONSULTATION.—A public housing agency shall consult with the local Continuum of Care, as identified by the Secretary, when determining the size of the population eligible for sponsor-based assistance under this paragraph, selecting a high capacity private nonprofit sponsor, and establishing an admissions preferences.
"(D) ADMISSIONS. —A public housing agency may establish an admissions preference in contracts under this paragraph for homeless families with one or more characteristics that significantly impede the ability to obtain and retain housing, as determined by the Secretary.
"(E) TENANT PROTECTIONS.—For the purposes of this paragraph, the sponsor shall administer evictions and terminations of assistance for tenants consistent with the requirements of paragraphs (7)(C),(D), (E), and (F) of this subsection. Refusal of supportive services by a family assisted under this paragraph shall not be considered good cause for termination of assistance or eviction.
"(F) DATA COLLECTION.—Public housing agencies shall require sponsors to submit data to the applicable homeless management information system (HMIS) for the geographic area, as required by the Secretary.
"(G) WAIVER.—The Secretary may waive or specify alternative requirements (except for requirements related to fair housing, nondiscrimination, labor standards, and the environment) for any provision of section 8(o) of this Act, if necessary for the effective implementation of sponsor-based assistance.
"(H) NOTICE.— The Secretary shall establish requirements for the implementation of this paragraph by notice published in the Federal Register.".
SEC. 223. MINIMUM RENTS AND FLAT RENTS:(a) Section 3(a) of the United States Housing Act of 1937 (42 U.S.C. 1437a(a)) is amended —
(1) in paragraph (2)(B)(i) —
(A) in the matter preceding subclause (I) —
(i) by striking "Except as otherwise provided under this clause, each" and inserting "Each";
(ii) by inserting after "which shall" the following: "not be lower than 80 percent of the applicable fair market rental established under section 8(c) of this Act and which shall";
(B) by striking the undesignated matter following subclause (II) and inserting the following: "Public housing agencies must comply by September 30, 2013, with the requirement of this clause, except that if a new flat rental amount for a dwelling unit will increase a family's existing rental payment by more than 35 percent, the new flat rental amount shall be phased in as necessary to ensure that the family's existing rental payment does not increase by more than 35 percent annually. The preceding sentence shall not be construed to require establishment of rental amounts equal to 80 percent of the fair market rental in years when the fair market rental falls from the prior year.";
(2) in paragraph (3)(A) —
(A) by striking "not more than $50" and inserting "$75";
(B) in clause (i) by striking ", which shall be determined by the agency,"; and
(C) in clause (ii) by striking ", which amount shall be determined by the Secretary".
(b) Section 202(c)(3) of the Housing Act of 1959 (12 U.S.C. 1701q(c)(3)), Section 811(d)(3) of the Cranston Gonzalez National Affordable Housing Act (42 U.S.C 8013(d)(3)), and Section 236(f)(2) of the National Housing Act (12 U.S.C. 1715z-1(f)(2)) are each amended —
(1) at the end of subparagraph (B), by striking "or";
(2) at the end of subparagraph (C), by inserting ", or" or "; or", as appropriate; and
(3) after subparagraph (C), by adding the following new subparagraph:
"(D) A minimum monthly rental amount (which shall include any amount allowed for utilities) of $75.
"(i) Exemption for financial hardship.— Subject to clause (ii), the Secretary shall immediately grant a request for an exemption from application of the minimum monthly rental amount under this subparagraph to any family unable to pay such amount because of financial hardship, which shall include situations in which —
"(I) the family has lost eligibility for or is awaiting an eligibility determination for a Federal, State, or local assistance program, including a family that includes a member who is an alien lawfully admitted for permanent residence under the Immigration and Nationality Act who would be entitled to public benefits but for title IV of the Personal Responsibility and Work Opportunity Reconciliation Act of 1996;
"(II) the family would be evicted as a result of the imposition of the minimum rent requirement under subparagraph (D);"
"(III) the income of the family has decreased because of changed circumstance, including loss of employment;
"(IV) a death in the family has occurred; and
"(V) other circumstances result in financial hardship, as may be determined by the Secretary.
"(ii) Waiting period.— If a resident requests a financial hardship exemption and the Secretary reasonably determines the hardship to be of a temporary nature, an exemption shall not be granted during the 90-day period beginning upon the making of a request for the exemption. A resident may not be evicted during such 90-day period for nonpayment of rent. In such a case, if the resident thereafter demonstrates that the financial hardship is of a long-term basis, the Secretary shall retroactively exempt the resident from the applicability of the minimum rent requirement for such 90-day period.".
(c) Section 101(d) of the Housing and Urban Development Act of 1965 (12 U.S.C. 1701s(d)) is amended by striking "30 per centum of the tenant's adjusted income" and inserting "the tenant's rental charges".
(d) Section 101(e) of the Housing and Urban Development Act of 1965 (12 U.S.C. 1701s(e)) is amended by —
(1) inserting the following new paragraph (2):
"(2) The Secretary, by regulation shall establish a minimum monthly rent payable by residents of units assisted by the Rent Supplement program that, to the extent practicable, shall be consistent with other rental assistance programs of the Department."; and
(2) by redesignating the remaining paragraphs accordingly.
SEC. 224. Notwithstanding any provision of the United States Housing Act of 1937 concerning the determination of tenant rent obligations, and of section 23 of such Act (42 U.S.C. 1437u) concerning deposits to escrow accounts, the Secretary may, during the 5-year period beginning on the date of enactment of this Act, allow the use of funds made available by the Secretary to public housing agencies to carry out rent policy demonstrations involving a limited number of families assisted under the 1937 Act, for the purpose of determining the effectiveness of different rent policies in encouraging families to obtain employment, increase their incomes, and achieve economic self-sufficiency, while reducing adminisrative burdens and maintaining housing stability. Such demonstrations shall including public housing agencies of various sizes, and may include providing income disregards, family self-sufficiency accounts, and policies under which families pay rent in amounts different from 30 percent of their adjusted income. The Secretary shall publish a report regarding the results and effectiveness of any demonstrations conducted under the authority of this section. SEC. 225. INSPECTIONS.(a) Section 8(o)(8) of the United States Housing Act of 1937 (42 U.S.C. 1437f(o)(8)) is amended —
(1) by redesignating subparagraph (E) as subparagraph (G); and
(2) by striking subparagraph (D) and inserting the following new subparagraphs:
"(D) BIENNIAL INSPECTIONS. (i) REQUIREMENT. Each public housing agency providing assistance under this subsection (or other entity, as provided in paragraph (11)) shall, for each assisted dwelling unit, make inspections not less often than biennially during the term of the housing assistance payments contract for the unit to determine whether the unit is maintained in accordance with the requirements under subparagraph (A).
"(ii) USE OF ALTERNATIVE INSPECTION METHOD. The requirements under clause (i) may be complied with by use of inspections that qualify as an alternative inspection method pursuant to subparagraph (E).
"(iii) RECORDS. The public housing agency (or other entity) shall retain the records of the inspection for a reasonable time and shall make the records available upon request to the Secretary, the Inspector General for the Department of Housing and Urban Development, and any auditor conducting an audit under section 5(h) of this Act.
"(E) ALTERNATIVE INSPECTION METHOD. An inspection of a property shall qualify as an alternative inspection method for purposes of this subparagraph if —
"(i) the inspection was conducted pursuant to requirements under a Federal, State, or local housing program (including the Home investment partnership program under title II of the Cranston-Gonzalez National Affordable Housing Act and the low-income housing tax credit program under section 42 of the Internal Revenue Code of 1986); and
"(ii) pursuant to such inspection, the property was determined to meet the standards or requirements regarding housing quality or safety applicable to properties assisted under such program, and, if a non-Federal standard or requirement was used, the public housing agency has certified to the Secretary that such standard or requirement provides the same (or greater) protection to occupants of dwelling units meeting such standard or requirement as would the housing quality standards under subparagraph (B).
"(F) INTERIM INSPECTIONS. Upon notification to the public housing agency, by a family (on whose behalf tenant-based rental assistance is provided under this subsection) or by a government official, that the dwelling unit for which such assistance is provided does not comply with the housing quality standards under subparagraph (B), the public housing agency shall inspect the dwelling unit —
"(i) in the case of any condition that is life-threatening, within 24 hours after the agency's receipt of such notification, and
"(ii) in the case of any condition that is not life-threatening, within 15 days after the agency's receipt of such notification.".
(b) EFFECTIVE DATE. The amendments in subsection (a) shall take effect upon such date as the Secretary determines, in the Secretary's sole discretion, through the Secretary's publication of such date in the Federal Register, as part of regulations promulgated, or a notice issued, by the Secretary to implement such amendments.
SEC. 226. Notwithstanding any other provision of the United States Housing Act of 1937 (42 U.S.C. 1437f et seq.) and any provision in this Act under the headings "Public Housing Operating Fund", "Public Housing Capital Fund", "Tenant-Based Rental Assistance", and "General Provisions, Department of Housing and Urban Development" (except for provisions establishing the amount of funding made available), of the funds provided by this Act under the headings "Public Housing Operating Fund" and "Public Housing Capital Fund", and of the administrative fees in this Act under the heading "Tenant-Based Rental Assistance", a percentage of such funds and fees (which percentage the Secretary shall establish by notice published in the Federal Register) may be set aside and used by a public housing agency for the Consolidated Opportunities for Resident Enrichment (CORE) Flexibility program, in accordance with its annual public housing agency plan, which shall include such CORE information as requested by the Secretary: Provided, That a public housing agency shall use such set-aside funds and fees to provide flexibility for supportive services activities for families that receive assistance under either section 8(o) or 9 of the United States Housing Act of 1937 (42 U.S.C. 1437f(o) or 42 U.S.C. 1437g), including activities such as service coordination, case management, direct services, services to keep the elderly or persons with disabilities successfully housed, and other activities that promote positive resident outcomes related to education, health, safety, economic security and self-sufficiency, and quality of life: Provided further, That funds and fees may be set aside pursuant to this section for a period of up to two years, after which any unexpended funds shall be used only for the original purposes for which such funds and fees were made available: Provided further, That the Secretary shall develop and publish, in the Federal Register, a notice regarding the use of such set-aside funds and fees, in which the Secretary shall provide program guidelines that include (but are not limited to) eligibility threshold, eligible activities, reporting and accountability, and other matters as determined by the Secretary. SEC. 227. Subsection (d) of section 184 of the Housing and Community Development Act of 1992 (12 U.S.C. 1715z-13a) is amended to read as follows:
"(d) Guarantee fee. The Secretary shall establish and collect, at the time of issuance of the guarantee, a fee for the guarantee of loans under this section, in an amount not exceeding 3 percent of the principal obligation of the loan. The Secretary may also establish and collect annual premium payments in an amount not exceeding 1 percent of the remaining guaranteed balance (excluding the portion of the remaining balance attributable to the fee collected at the time of issuance of the guarantee). The Secretary shall establish the amount of the fees and premiums by publishing a notice in the Federal Register. The Secretary shall deposit any fees and premiums collected under this subsection in the Indian Housing Loan Guarantee Fund established under subsection (i).".
SEC. 228. Notwithstanding any other provision of the United States Housing Act of 1937 (42 U.S.C. 1437f et seq.), any amounts made available under this title under the headings "Public Housing Capital Fund" and "Public Housing Operating Fund" and allocated to a public housing agency for activities under sections 9(d)(1) and 9(e)(1) of the Act (42 U.S.C. 1437g(d)(1) and 42 U.S.C. 1437g(e)(1)) may be used by such agency for any eligible activities under sections 9(d)(1) and 9(e)((1), in addition to the other purposes for which the amounts may be used under such headings: Provided, That an activity funded pursuant to this section shall be subject to the requirements otherwise governing activities under sections 9(d)(1) or 9(e)(1), as applicable. SEC. 229. GINNIE MAE SECURITIZATION.(a) Paragraph (8) of section 542(b) of the Housing and Community Development Act of 1992 (12 U.S.C. 1715z-22(b)) is amended in its title by deleting "Prohibition on" and by revising the text of paragraph (8) to read as follows:
"The Government National Mortgage Association shall not securitize any multifamily loans insured or reinsured under this subsection, except as provided herein. The Government National Mortgage Association may, at the discretion of the Secretary, securitize any multifamily loan, provided that —
"(A) the Federal Housing Administration provides mortgage insurance based on the unpaid principal balance of the loan, as shall be described in the Risk Share Agreement
"(B) the Federal Housing Administration shall not require an assignment fee for mortgage insurance claims related to the securitized mortgages and
"(C) any successors and assigns of the risk share partner (including the holders of credit instruments issued under a trust mortgage or deed of trust pursuant to which such holders act by and through a trustee therein named) shall not assume any obligation under the risk-sharing agreement and may assign any defaulted loan to the Federal Housing Administration in exchange for payment of the mortgage insurance claim.
"The risk-sharing agreement must provide for reimbursement to the Secretary by the risk share partner(s) for either all or a portion of the losses incurred on the loans insured.".
(b) Pargragraph (6) of section 542(c) of the Housing and Community Development Act of 1992 (12 U.S.C. 1715z-22(c)) is amended in its title by deleting "Prohibition on" and by revising the text of paragraph (6) to read as follows:
"The Government National Mortgage Association may, at the discretion of the Secretary, securitize any multifamily loan insured under this subsection, provided that —
"(A) the Federal Housing Administration provides mortgage insurance based on the unpaid principal balance of the loan, as shall be described by regulation,
"(B) the Federal Housing Administration shall not require an assignment fee for mortgage insurance claims related to the securitized mortgages, and
"(C) any successors and assigns of the risk share partner (including the holders of credit instruments issued under a trust mortgage or deed of trust pursuant to which such holders act by and through a trustee therein named) shall not assume any obligation under the risk-sharing agreement and may assign any defaulted loan to the Federal Housing Administration in exchange for payment of the mortgage insurance claim.
"The risk-sharing agreement must provide for reimbursement to the Secretary by the risk share partner(s) for either all or a portion of the losses incurred on the loans insured.".
(c) Clause (ii) of the first sentence of section 306(g)(1) of the National Housing Act (12 U.S.C. 1721(g)(1)) is amended by striking the semi-colon and inserting a comma, and by inserting before the period at the end the following: ", or which are insured under subsection (b) or (c) of section 542 of the Housing and Community Development Act of 1992 (12 U.S.C.1715z-22), subject to the terms of paragraph (8) and (6), respectively, of such subsection".
SEC. 230. The fourth proviso under the "Rental Assistance Demonstration" heading of the Department of Housing and Urban Development Appropriations Act, 2012 is amended by striking "or section 8(e)(2)". SEC. 231. (a) Subsection (b) of section 225 of the Cranston-Gonzalez National Affordable Housing Act (42 U.S.C. 12755) is amended by inserting at the end the following sentence: "Such 30 day waiting period is not required if the grounds for the termination or refusal to renew involve a direct threat to the safety of the tenants or employees of the housing, or an imminent and serious threat to the property (and the termination or refusal to renew is in accordance with the requirements of State or local law).".(b) Section 231 of the Cranston-Gonzalez National Affordable Housing Act (42 U.S.C. 12771) is amended —
(1) in subsection (b) by striking "make such funds available by direct reallocation" and all that follows through "were recaptured" and inserting "reallocate the funds by formula in accordance with section 217(d) of this Act (42 U.S.C. 12747(d))"; and
(2) by striking subsection (c).
SEC. 232. (a) Section 3(b) of the United States Housing Act of 1937 (42 U.S.C. 1437a) is amended —(1) in paragraph (2), by designating the first sentence as subparagraph (A), the second sentence as subparagraph (B), and the remaining sentences as subparagraph (D), and by inserting after subparagraph (B) the following new subparagraph (C):
"(C) The term extremely low-income families means very low-income families whose incomes do not exceed the higher of —
"(i) the poverty guidelines updated periodically by the Department of Health and Human Services under the authority of section 673(2) of the Community Services Block Grant Act applicable to a family of the size involved (except that this clause shall not apply in the case of public housing agencies located in Puerto Rico or any other territory or possession of the United States); or
"(ii) 30 percent of the median family income for the area, as determined by the Secretary, with adjustments for smaller and larger families (except that the Secretary may establish income ceilings higher or lower than 30 percent of the median for the area on the basis of the Secretary's findings that such variations are necessary because of unusually high or low family incomes)."; and
(2) in paragraph 5(A), by revising subparagraph (ii) to read as follows:
"(ii) Health and medical expenses. — The amount, if any, by which 10 percent of annual family income is exceeded by the sum of
"(I) in the case of any elderly or disabled family, any unreimbursed health and medical care expenses; and
"(II) any unreimbursed reasonable attendant care and auxiliary apparatus expenses for each handicapped member of the family, to the extent necessary to enable any member of such family to be employed.".
(b) Section 16 of the United States Housing Act of 1937 (42 U.S.C. 1437n) is amended —
(1) in subsection (a)(2)(A),
(2) in subsection (b)(1), and
(3) in subsection (c)(3),
by striking "families whose incomes" and all that follows through "low family incomes" and inserting "extremely low-income families".
SEC. 233. Notwithstanding Section 24(o) of the United States Housing Act of 1937 (42 U.S.C. 1437v(o)), amounts made available in prior appropriations Acts under the heading "Revitalization of Severely Distressed Public Housing (HOPE VI)" or under the heading "Choice Neighborhoods Initiative" may continue to be provided as assistance pursuant to such Section 24. SEC. 234. PROJECT RENTAL ASSISTANCE AUTHORITY. Section 202(f)(2) of the Housing Act of 1959 (12 U.S.C. 1701q(f)(2)) is amended —(a) in paragraph (A) —
(1) by striking the matter before clause (i) and inserting the following: "The Secretary shall establish procedures to delegate review and processing of projects to a State or local housing agency that—"; and
(2) in clause (iii), by striking "capital advance" and inserting "funding", and by replacing the comma with a semi-colon;
(b) in subparagraph (B), by striking "capital advances" and inserting "funding under this section";
(c) in subparagraph (C), by striking the first sentence;
(d) by redesignating subparagraph (D) as subparagraph (E), and in the redesignated subparagraph (E) —
(1) by striking "a capital advance" and inserting "funding under this section"; and
(2) by striking "capital advance amounts or project rental assistance" and inserting "funding under this section"; and
(e) by inserting the following new subparagraph after subparagraph (C):
"(D) Assistance under subsection (c)(2) may be provided for projects for which the applicable State agency responsible for health and human services programs, and the applicable State agency designated to administer or supervise the administration of the State plan for medical assistance under title XIX of the Social Security Act, have entered into such agreements as the Secretary considers appropriate—
"(i) to identify the target populations to be served by the project;
"(ii) to set forth methods for outreach and referral; and
"(iii) to make available appropriate services for tenants of the project.".
SEC. 235. The proviso under the "Community Development Fund" heading in Public Laws 109–148, 109–234, 110–252, and 110–329 which requires the Secretary to establish procedures to prevent duplication of benefits and to report to the Committees on Appropriations on all steps to prevent fraud and abuse is amended by striking "quarterly" and inserting "annually". (Department of Housing and Urban Development Appropriations Act, 2012.)