Summary

  • The Administration sent Congress yesterday its Fiscal Year (FY) 2017 Budget, proposing funding for all federal programs, including HUD and the Department of Agriculture’s (USDA) rural housing programs. The Budget proposes a total of $1.1 trillion in discretionary spending for FY 2017, abiding by the discretionary caps negotiated as part of the Bipartisan Budget Act of 2015. President Obama’s final budget request of his presidency incorporates several policy proposals we’ve seen in previous years but also introduces new ones, including a ten-year, $11 billion mandatory spending proposal to combat family homelessness.

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