Yesterday, the Administration released its fiscal year (FY) 2013 Budget Proposal. The Budget Proposal is released annually by the Administration in early February and begins the federal budget process for the upcoming fiscal year. The President's FY 2013 Budget Proposal includes suggested funding levels for many key programs targeted toward low-income or homeless people, including the following:
$2.23 billion for the McKinney-Vento program, a 17 percent increase over the FY 2012 level;
$1.35 billion for targeted homeless veteran programs within the Department of Veterans Affairs (VA), a 33 percent increase over the FY 2012 level;
$115 million for Runaway and Homeless Youth Act programs, the same as in FY 2012;
$19.07 billion for Tenant-Based Rental Assistance, including $75 million for about 10,000 new HUD-Veterans Affairs Supportive Housing (HUD-VASH) vouchers;
$8.7 billion for Project-Based Rental Assistance, 7 percent below the FY 2012 level; and
$139 million for homeless programs within the Substance Abuse and Mental Health Services Administration, the same as in FY 2012.
Tomorrow, Wednesday, February 15 at 1 pm E.T., the Alliance is hosting a webinar to review the details of the Administration's FY 2013 Budget Proposal. The webinar will highlight further details about the Budget Proposal, provide an overview of the budget process in 2012, and review opportunities to get involved. Additional information on the Budget Proposal will be available on the Alliance website. In the coming months, Congress will hold hearings on the Budget Proposal and begin drafting appropriations bills.