Six months into fiscal year (FY) 2017, it is possible that the appropriations bill funding HUD programs could be enacted before April 28. The current Continuing Resolution (CR) is funding federal programs at fiscal year 2016 levels; this CR expires on April 28. In meetings with Hill staff over the past week, there seems to be no interest or appetite for an additional, even short term, CR. This, coupled with the fact that HUD appropriations bill has been negotiated by House and Senate stakeholders, could point to the completion of the FY17 HUD bill before the end of April.

There is a lot on the line for senior housing in this bill: a critical $72 million increase for the Section 202 account to fully fund renewals of Project Rental Assistance Contracts (PRACs) and the expansion of HUD’s Rental Assistance Demonstration to include PRACs. While LeadingAge is optimistic the FY17 HUD bill could be completed, many wrenches could be thrown into our hopes.

To help solidify a positive outcome, LeadingAge is issuing an action alert on the FY17 HUD funding bill next week. Please watch for it, and make calls to your Senate and House offices to protect Section 202 funding.