Impact of Obama’s Budget Proposal on Homelessness

BudgetEarlier this month, President Obama released his proposed budget for Fiscal Year (FY) 2015, which has significant implications on the availability of funding for homelessness programs under the Departments of Housing and Urban Development (HUD), Veterans Affairs (VA), and Health and Human Services (HHS).

The President proposed to allocate $2.405 billion to HUD’s McKinney-Vento Homeless Assistance Grant program, which translates to a 14% increase. Under this program, the emergency services grant (ESG) is expected to receive at least $215 million—a decrease of approximately $250 million from 2014. However, the proposed budget includes an increase in funding for permanent supportive housing in efforts to end chronic homelessness by 2016.

The proposed budget for homelessness programs under the Department of Veterans Affairs is $1.6 billion, which reflects a 12.5% increase over FY 2014.

The National Alliance to End Homelessness has launched several advocacy initiatives to support increasing resources for a number of programs that address homelessness, including HUD’s Mckinney-Vento programs, the VA’s Zero Homelessness Initiative, and efforts to increase funding for HUD.

To support the proposed funding allocation for HUD’s McKinney-Vento Homeless Assistance Program, please click here.