The National Low Income Housing Coalition recently published an analysis of the FY2017 spending package moving through Congress this week. The analysis looks at issues related to housing and homelessness that receive dollars from federal funds. Of particular interest would be any changes to the Community Development Block Grant (CDBG) and HOME programs. In 2016, these two programs combined to bring $5.5 million to Snohomish County, earmarked for affordable housing development/retention, as well as general community revitalization. Both the CDBG and HOME programs received the same funding they did in FY2016. Considering both programs were said to be at risk of being totally defunded at the beginning of the year, maintaining status quo funding is a win for affordable housing and Snohomish County.
Read the NHLIC’s full report here, and view a budget comparison here.
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