Today, May 7, President Obama released his budget proposal for fiscal year (FY) 2010. The budget included funding proposals for housing and homeless programs. For more information about the President's FY 2010 budget proposal, click here. Highlights of the funding for homeless programs include:

• $1.8 billion for McKinney-Vento Homeless Assistance Grants, an increase of $117 million over FY 2009;
• $46.3 billion for HUD programs, an 11 percent increase;
• $1 billion for a National Affordable Housing Trust Fund;
• $68 million for the Projects for Assistance in Transition from Homelessness (PATH) program, an $8 million increase over the FY 2009 level;
• $19 million for a new DC Housing First Initiative to provide supportive housing to homeless individuals and families;
• $26 million for a pilot program to prevent homelessness for veterans.

For more information and a detailed analysis of the budget, please join the Alliance's Annual Federal Budget Briefing, "The President's FY 2010 Budget Proposal: Implications for Housing and Homelessness Assistance." This webinar will be held next Tuesday, May 12 from 2 pm to 3 pm EDT. Click here to register and for more information.

Summary of Funding for Targeted Homelessness Programs