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HUD recently unveiled President Obama’s proposed HUD Budget for Fiscal Year 2017. HUD’s 2017 Budget includes $48.9 billion in gross discretionary funding and $11.3 billion in new mandatory spending over 10 years, with an emphasis on supporting 4.5 million households through rental assistance; increasing homeless assistance; supporting tribal communities and providing opportunities to Native American youth; and making targeted investments in communities to help revitalize high-poverty neighborhoods and improve housing affordability.
