The U.S. House of Representatives recently advanced the Transportation, Housing and Urban Development (T-HUD) appropriations bill for fiscal year 2023.
The bill provides $90.9 billion in funding, a 12 percent over the previous fiscal year. It includes an increase of $8.9 billion for the Department of Housing and Urban Development and $833 million for the Department of Transportation. The bill provides $168.5 billion in total budgetary resources, an increase of $11.5 billion above 2022.
“The 2023 T-HUD bill represents a continued commitment in our nation’s affordable housing and infrastructure,” said U.S. Rep. David Price (D-NC), chair of the Transportation, and Housing and Urban Development, and Related Agencies Appropriations Subcommittee. “It will benefit rural and urban communities throughout America by growing opportunities for homeownership and rental assistance while also creating tens of thousands of jobs to repair and expand our airports, highways, transit, passenger rail, and port systems. This legislation provides expansive funding for safe, well-maintained, and innovative public housing, including substantial investments in manufactured housing, and transportation, supporting vulnerable populations and addressing existing inequity.”
Specifically, the legislative package includes significant investments in airports, highways, transit, passenger rail, and port systems. Further, it features funding for public housing, community projects, safe transportation, and 140,000 new housing vouchers for individuals and families experiencing or at risk of homelessness. In addition, It includes more than $2.6 billion to reduce emissions, increase resiliency, and address historical inequities in transportation and housing programs, among other mandates.