Full text of Budget of the United States Government - Appendix : Fiscal Year 2009 : Department of Housing and Urban Development

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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
This chapter presents the budget estimates and program
justifications for the Department of Housing and Urban Development (HUD). HUD’s core mission is to increase homeownership, support community development, and increase access to affordable housing free from discrimination. The 2009
Budget for HUD assumes major reform proposals for the Federal Housing Administration (FHA), the Housing Choice
Voucher (HCV) program, and the Community Development
Block Grant (CDBG) program. These reforms will enhance
the effectiveness of HUD’s programs.
The Department continues to emphasize expanding homeownership opportunities for all. Toward that goal, in 2009
FHA continues to propose financing options for families who
have good credit histories but lack the savings needed for
the downpayment on a home, and for families who have impaired credit histories and who would normally be served
only by the sub-prime market. Also, the Budget provides nearly $2 billion for the HOME Investment Partnerships Program,
including $50 million for the American Dream Downpayment
Initiative. The improved performance of FHA and other homeownership efforts will help meet the goal of adding 5.5 million
new minority homeowners by 2010.
While maintaining a budget-based approach, the 2009
Budget proposes changes to the Housing Choice Voucher Program to give State and local housing authorities more decision-making authority to better address the unique needs of
their communities, such as the flexibility to serve more households.
The Budget includes a substantial increase for ProjectBased Housing, providing $7 billion to renew all project-based
rental contracts, and a $400 million advance appropriation
to bridge renewal funding into 2010. The 2009 request is
over $1 billion above 2008 and is the largest renewal funding
provided in the history of the program.
HUD continues to support and improve Public Housing and
has initiated the effort to adopt asset-based project management to allow significant improvements and efficiencies. The
Budget provides $4.3 billion for Public Housing Operating
subsidies and $2 billion for the Public Housing Capital Fund.
HUD continues to focus on combating homelessness and
eliminating chronic homelessness with a record $1.636 billion
for Homeless Assistance, including up to $50 million for a
Samaritan initiative to provide supportive housing linked to
services for chronically homeless persons.
Funding in the 2009 Budget for the Fair Housing Assistance and Fair Housing Initiatives programs (FHAP and
FHIP) will continue to strengthen the ability of public and
private fair housing groups, and partnerships between them,
to enforce the laws protecting all Americans against illegal
housing discrimination. With the publication of the National
Housing Discrimination Study, HUD now has the information
necessary to improve enforcement, reduce discrimination, and
address accessibility issues. The 2009 FHIP budget includes
funding for an update of the 2000 National Housing Discrimination Study.
The Community Development Block Grant (CDBG) program, along with other Federal programs for community and
economic development, will be targeted in 2009 to increase
the focus and effectiveness of Federal efforts to provide adequate economic opportunity in low-income communities. HUD
has proposed legislation to revise the CDBG allocation formulas to better target needy communities, to provide bonus
funds tied to performance, and to make further reforms to
increase CDBG’s effectiveness.
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HUD continues to support the reduction of housing overcrowding in Indian country with $627 million in housing
grants. The Budget also continues to support Indian community and economic development.
The 2009 Budget includes $116 million in lead hazard reduction grants to continue the 10-year program to eradicate
lead hazards in housing. The elimination of lead hazards for
children is on track and the number of children with elevated
blood lead levels has been reduced from 890,000 between
1991 and 1994 to 235,000 in 2007.
To ensure the effective implementation of its programs, the
Budget provides the Department’s Office of Policy Development and Research (PD&R) with funds necessary to ensure
timely provision of data, provide research and analysis of
national housing and economic conditions, and evaluate the
performance of programs, consistent with the Government
Performance and Results Act of 1994.
HUD is one of five Departments that are leading the Federal Government in tapping the potential of faith-based and
community organizations to improve housing and help develop
communities.
The Department will continue the management reform effort initiated in 2001 and undertake further efforts in 2008
and 2009 to refocus HUD on its core mission and key programs as part of a continuing series of planned reforms to
improve program performance.
f

PUBLIC AND INDIAN HOUSING PROGRAMS
Federal Funds
PREVENTION

RESIDENT DISPLACEMENT

Program and Financing (in millions of dollars)
Identification code 86–0311–0–1–604

2007 actual

Budgetary resources available for obligation:
21.40 Unobligated balance carried forward, start of year
22.00 New budget authority (gross) ........................................
22.10 Resources available from recoveries of prior year obligations .......................................................................

2008 est.

2009 est.

7
3
3
¥10 ................... ...................
6 ................... ...................

23.90

Total budgetary resources available for obligation

24.40

Unobligated balance carried forward, end of year

New budget authority (gross), detail:
Discretionary:
58.00
Spending authority from offsetting collections: Offsetting collections (cash) .....................................

¥10 ................... ...................

72.40
73.20
73.45

Change in obligated balances:
Obligated balance, start of year ...................................
Total outlays (gross) ......................................................
Recoveries of prior year obligations ..............................

1
2
2
7 ................... ...................
¥6 ................... ...................

74.40

Obligated balance, end of year ................................

86.90

Outlays (gross), detail:
Outlays from new discretionary authority .....................

¥7 ................... ...................

Offsets:
Against gross budget authority and outlays:
88.00
Offsetting collections (cash) from: Federal sources

10 ................... ...................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................ ................... ................... ...................
Outlays ...........................................................................
3 ................... ...................

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HUD

539

540

PUBLIC AND INDIAN HOUSING PROGRAMS—Continued
Federal Funds—Continued

PREVENTION

THE BUDGET FOR FISCAL YEAR 2009

RESIDENT DISPLACEMENT—Continued

HUD received $79 million in 2005 via a FEMA mission
assignment to provide housing assistance to families that
were displaced by Hurricane Katrina. Eligible recipients included families that had been receiving HUD assistance, and
those who were homeless prior to Hurricane Katrina. Through
a $390 million supplemental appropriation pursuant to P.L.
109–148, the Robert T. Stafford Disaster Relief and Emergency Act (42 U.S.C. 5121 et seq.), HUD continued to support
similar activities. It is expected that there will soon be no
more transactions within this account because this mission
assignment is complete. Eligible families will continue to receive assistance through their current localities of residence.
f

TENANT-BASED RENTAL ASSISTANCE

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(INCLUDING TRANSFER OF FUNDS)

For activities and assistance for the provision of tenant-based rental assistance authorized under the United States Housing Act of
1937, as amended (42 U.S.C. 1437 et seq.) (‘‘the Act’’ herein), ønot
otherwise provided for, $16,391,000,000¿ $11,881,000,000, to remain
available until expendedø, of which $12,233,000,000¿ shall be available on October 1, ø2007¿ 2008 (in addition to the $4,158,000,000
previously appropriated under this heading that will become available
on October 1, 2008), and ø$4,158,000,000¿ $4,000,000,000, to remain
available until expended, shall be available on October 1, ø2008¿
2009: Provided, That the amounts made available under this heading
øare provided as follows:¿
ø(1)¿ ø$14,694,506,000¿ shall be available for renewals of expiring section 8 tenant-based annual contributions contracts (including
renewals of enhanced vouchers under any provision of law authorizing such assistance under section 8(t) of the Act) , and including
renewal of other designated housing vouchers initially funded in
fiscal year 2008 (such as Family Unification and Veterans Affairs
Supportive Housing vouchers): Provided further, That notwithstanding any other provision of law, from amounts provided under
this paragraph and any carryover, the Secretary for the calendar
year ø2008¿ 2009 funding cycle shall provide renewal funding for
each public housing agency based on øvoucher management system
(VMS) leasing and cost data for the most recent Federal fiscal
year¿ the amount public housing agencies were eligible to receive
in calendar year 2008 and by applying the ø2008¿ 2009 Annual
Adjustment Factor as established by the Secretary, and by making
any necessary adjustments for the costs associated with ødeposits
to family self-sufficiency program escrow accounts or¿ the firsttime renewal of tenant protection or HOPE VI vouchers or vouchers
that were not in use during the 12-month period in order to be
available to meet a commitment pursuant to section 8(o)(13) of
the Act: øProvided further, That notwithstanding the first proviso,
except for applying the 2008 Annual Adjustment Factor and making any other specified adjustments, public housing agencies specified in category 1 below shall receive funding for calendar year
2008 based on the higher of the amounts the agencies would receive
under the first proviso or the amounts the agencies received in
calendar year 2007, and public housing agencies specified in categories 2 and 3 below shall receive funding for calendar year 2008
equal to the amounts the agencies received in calendar year 2007,
except that public housing agencies specified in categories 1 and
2 below shall receive funding under this proviso only if, and to
the extent that, any such public housing agency submits a plan,
approved by the Secretary, that demonstrates that the agency can
effectively use within 12 months the funding that the agency would
receive under this proviso that is in addition to the funding that
the agency would receive under the first proviso: (1) public housing
agencies that are eligible for assistance under section 901 in Public
Law 109–148 (119 Stat. 2781) or are located in the same counties
as those eligible under section 901 and operate voucher programs
under section 8(o) of the United States Housing Act of 1937 but
do not operate public housing under section 9 of such Act, and
any public housing agency that otherwise qualifies under this category must demonstrate that they have experienced a loss of rental
housing stock as a result of the 2005 hurricanes; (2) public housing
agencies that would receive less funding under the first proviso
than they would receive under this proviso and that have been
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placed in receivership within the 24 months preceding the date
of enactment of this Act; and (3) public housing agencies that
spent more in calendar year 2007 than the total of the amounts
of any such public housing agency’s allocation amount for calendar
year 2007 and the amount of any such public housing agency’s
available housing assistance payments undesignated funds balance
from calendar year 2006 and the amount of any such public housing
agency’s available administrative fees undesignated funds balance
through calendar year 2007: Provided further, That notwithstanding the first two provisos under this paragraph, the amount
of calendar year 2008 renewal funding for any agency otherwise
authorized under such provisos shall be reduced by the amount
of any unusable amount (as determined by the Secretary, due to
limits in this paragraph with respect to an agency’s authorized
level of units under contract) in such agency’s net restricted assets
account, in accordance with the most recent VMS data in calendar
year 2007 that is verifiable and complete, which exceeds 7 percent
of the amount of renewal funding allocated to the agency for the
calendar year 2007 funding cycle pursuant to section 21033 of
Public Law 110–5, as amended by section 4802 of Public Law
110–28:¿ Provided further, That the amount of calendar year 2009
renewal funding for any agency otherwise authorized shall be reduced by any amount in such agency’s unusable net restricted assets
account (as determined by the Secretary) in accordance with the
most recent VMS data for federal fiscal year 2008 that is verifiable
and complete: Provided further, That up to $50,000,000 shall be
available onlyø: (1) to adjust the allocations for public housing
agencies, after application for an adjustment by a public housing
agency that experienced a significant increase, as determined by
the Secretary, in renewal costs from portability under section 8(r)
of the Act of tenant-based rental assistance; and (2) for adjustments
for public housing agencies with voucher leasing rates at the end
of the calendar year that exceed the average leasing for the 12month period used to establish the allocation:¿ for additional rental
subsidy due to unforseen circumstances as determined by the Secretary and for both the one-time funding and increased costs of
housing assistance payments resulting from the portability provisions of the housing choice voucher program øProvided further, That
none of the funds provided under this paragraph may be used
to support a total number of unit months under lease which exceeds
a public housing agency’s authorized level of units under contract¿:
Provided further, That the Secretary shall, to the extent necessary
to stay within the amount specified under this paragraph, øafter
subtracting $723,257,000 from such amount,¿ pro rate each public
housing agency’s allocation otherwise established pursuant to this
paragraph: Provided further, That except as provided in the last
proviso, the entire amount specified under this paragraphø, except
for $723,257,000¿ shall be obligated to the public housing agencies
based on the allocation and pro rata method described above and
the Secretary shall notify public housing agencies of their annual
budget not later than 60 days after enactment of this Act: Provided
further, That the Secretary may extend the 60 day notification
period with the prior written øapproval¿ notice of the House and
Senate Committees on Appropriations: Provided further, That public housing agencies participating in the Moving to Work demonstration shall be funded pursuant to their Moving to Work agreements and shall be subject to the same pro rata adjustments under
the previous provisoø.¿: Provided further, that of the amounts made
available under this heading for fiscal year 2009,
ø(2)¿ ø$200,000,000¿ $150,000,000 is for section 8 rental assistance for relocation and replacement of housing units that are demolished or disposed of pursuant to the Omnibus Consolidated
Rescissions and Appropriations Act of 1996 (Public Law 104–134),
conversion of section 23 projects to assistance under section 8,
the family unification program under section 8(x) of the Act, relocation of witnesses in connection with efforts to combat crime in
public and assisted housing pursuant to a request from a law
enforcement or prosecution agency, enhanced vouchers under any
provision of law authorizing such assistance under section 8(t) of
the Act, HOPE VI vouchers, mandatory and voluntary conversions,
and tenant protection assistance including replacement and relocation assistance: Provided further, That øthe Secretary shall provide
replacement vouchers for all units that were occupied within the
previous 24 months that cease to be available as assisted housing
due to demolition, disposition, or conversion, subject only to the
availability of funds.¿ additional section 8 tenant protection rental
assistance costs may be funded in 2009 by utilizing unobligated
balances, including recaptures and carryover, remaining from funds
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HUD

PUBLIC AND INDIAN HOUSING PROGRAMS—Continued
Federal Funds—Continued

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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
appropriated to the Department of Housing and Urban Development
under this heading, the heading ‘‘Annual Contributions for Assisted
Housing’’, and the heading ‘‘Housing Certificate Fund’’, for fiscal
year 2008 and prior years notwithstanding the purpose for which
they were originally appropriated;
ø(3)¿ ø$49,000,000¿ $48,000,000 is for family self-sufficiency coordinators under section 23 of the Actø.¿;
ø(4)¿ at least $7,929,000 shall, and up to ø$6,494,000¿ $9,911,250
may, be transferred to the Working Capital Fundø.¿;
ø(5)¿ ø$1,351,000,000¿ $1,400,000,000 for administrative and
other expenses of public housing agencies in administering the
section 8 tenant-based rental assistance program and which up
to ø$35,000,000¿ $40,000,000 shall be available to the Secretary
to allocate to public housing agencies that need additional funds
to administer their section 8 programs, øwith up to $30,000,000
to be for¿ including fees associated with section 8 tenant protection
rental assistance, the administration of disaster related vouchers,
Veterans Affairs Supportive Housing vouchers, and other incremental vouchers: Provided further, That no less than
ø$1,316,000,000¿ $1,360,000,000 of the amount provided in this
paragraph shall be allocated for the calendar year ø2008¿ 2009
funding cycle on a basis to public housing agencies as provided
in section 8(q) of the Act as in effect immediately before the enactment of the Quality Housing and Work Responsibility Act of 1998
(Public Law 105–276) : Provided further, That the Secretary shall,
to the extent necessary to stay within the amount provided under
this paragraph, pro rate each public housing agency’s allocation
otherwise established pursuant to this paragraph: Provided further,
That all amounts provided under this paragraph shall be only
for activities related to the provision of tenant-based rental assistance authorized under section 8, including related developmentø.¿;
ø(6) $20,000,000 for incremental voucher assistance through the
Family Unification Program¿ $39,000,000 is for Housing Assistance
Payments to prevent the involuntary displacement of low-income
elderly and disabled families displaced by Hurricanes Katrina and
Rita after the Disaster Housing Assistance Program (DHAP)
endsø.¿; and
ø(7)¿ $75,000,000 is for incremental rental voucher assistance
for use through a supported housing program administered in conjunction with the Department of Veterans Affairs as authorized
under section 8(o)(19) of the United States Housing Act of 1937:
Provided further, That the Secretary of Housing and Urban Development shall make such funding available, notwithstanding section
204 (competition provision) of this title, to public housing agencies
that partner with eligible VA Medical Centers or other entities
as designated by the Secretary of the Department of Veterans Affairs, based on geographical need for such assistance as identified
by the Secretary of the Department of Veterans Affairs, public
housing agency administrative performance, and other factors as
specified by the Secretary of Housing and Urban Development in
consultation with the Secretary of the Department of Veterans Affairs: Provided further, That the Secretary of Housing and Urban
Development may waive, or specify alternative requirements for
(in consultation with the Secretary of the Department of Veterans
Affairs), any provision of any statute or regulation that the Secretary of Housing and Urban Development administers in connection with the use of funds made available under this paragraph
(except for requirements related to fair housing, nondiscrimination,
labor standards, and the environment), upon a finding by the Secretary that any such waivers or alternative requirements are necessary for the effective delivery and administration of such voucher
assistance: Provided further, That assistance made available under
this paragraph shall continue to remain available for homeless
veterans upon turn-over.
ø(8) $30,000,000 for incremental vouchers under section 8 of the
Act for nonelderly disabled families affected by the designation
of a public housing development under section 7 of the Act, the
establishment of preferences in accordance with section 651 of the
Housing and Community Development Act of 1992 (42 U.S.C.
13611), or the restriction of occupancy to elderly families in accordance with section 658 of such Act (42 U.S.C. 13618), and to the
extent the Secretary determines that such amount is not needed
to fund applications for such affected families, for other nonelderly
disabled families.¿ (Department of Housing and Urban Development
Appropriations Act, 2008.)
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541

Program and Financing (in millions of dollars)
Identification code 86–0302–0–1–604

2007 actual

Obligations by program activity:
00.01 Tenant Protection ...........................................................
00.02 Administrative Fees .......................................................
00.03 Family Self Sufficiency Coordinators .............................
00.06 Contract Renewals .........................................................
00.07 Disaster Assistance .......................................................
00.08 Veterans Affairs Supportive Housing Vouchers .............
00.09 Family Unification Program Vouchers ...........................
00.10 Nonelderly Disabled Vouchers ........................................
00.11 Disaster Displacement Assistance ................................
10.00

Total new obligations (object class 41.0) ................

21.40
22.00
22.10

2008 est.

2009 est.

135
290
150
1,247
1,384
1,400
...................
97
48
14,663
14,150
14,319
258 ................... ...................
...................
75
75
...................
20 ...................
...................
30 ...................
................... ...................
39
16,303

16,046

16,031

724
15,881

351
15,697

2
16,031

49 ................... ...................

23.90
23.95

Total budgetary resources available for obligation
Total new obligations ....................................................

16,654
¥16,303

16,048
¥16,046

16,033
¥16,031

24.40

Unobligated balance carried forward, end of year

351

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................
40.36
Unobligated balance permanently reduced ..............
41.00
Transferred to other accounts ...................................
43.00
55.00
55.35

11,727
12,233
11,881
¥40 ................... ...................
¥6
¥6
¥8

Appropriation (total discretionary) ........................
11,681
Advance appropriation ..............................................
4,200
Advance appropriation permanently reduced ........... ...................

12,227
11,873
4,193
4,158
¥723 ...................

55.90

Advance appropriation (total discretionary) .........

4,200

3,470

4,158

70.00

Total new budget authority (gross) ..........................

15,881

15,697

16,031

72.40
73.10
73.20
73.45

74.40

Obligated balance, end of year ................................

1,563

1,558

1,336

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority .....................
Outlays from discretionary balances .............................

14,653
1,318

14,963
1,088

15,319
934

87.00

Total outlays (gross) .................................................

15,971

16,051

16,253

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

15,881
15,971

15,697
16,051

16,031
16,253

1,280
1,563
1,558
16,303
16,046
16,031
¥15,971
¥16,051
¥16,253
¥49 ................... ...................

Housing Choice Voucher—Summary of Program Level
(in millions)
2007

New Budget Authority ..................................................................
Advance Appropriation ................................................................
Estimated Balances for Offset ....................................................
Rescission ....................................................................................

11,727
4,200
0
0
15,927

2008

12,233
4,193
0
–723
15,703

2009 est

11,881
4,158
600
0
16,639

The Tenant-Based Rental Assistance Program (also known
as the Housing Choice Voucher Program) provides housing
assistance to approximately 2 million extremely low- to lowincome families. This is the Federal government’s largest program for assisting low-income families to rent decent, safe
and sanitary housing in the private market. The program
includes set-asides for homeless veterans and tenant-protection vouchers, which are provided to families who must relocate due to public housing demolitions or when landlords
opt out of project-based contracts. About 2,400 state and local
Public Housing Authorities (PHAs) administer the Voucher
program.
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HUD

542

PUBLIC AND INDIAN HOUSING PROGRAMS—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2009
24.40

TENANT-BASED RENTAL ASSISTANCE—Continued
(INCLUDING TRANSFER OF FUNDS)—Continued

The Administration reaffirms its commitment to reforming
the Voucher program by amending the appropriations language and re-submitting legislative reform proposals similar
to the Voucher and Rent Simplification Act of 2007. The policy
objectives are to allow PHAs to serve more families, simplify
program administration, and promote local flexibility for more
efficient service delivery. More specifically, the Administration
proposes to: (1) remove the cap on the authorized number
of units PHAs can serve. This would enable PHAs to utilize
funds they are currently unable to spend beyond their authorized number of units; (2) provide a stable, predictable, budgetbased renewal funding formula. This budget-based allocation
method is transparent, appropriately compensates and rewards PHA performance, and results in predictable future
year funding allocations for PHAs; (3) reform the administratively burdensome rent determination formulas so that the
changes provide PHAs with the necessary flexibility over tenant rents to address the needs and priorities of their communities, gain administrative cost-savings, increase the incentives for able adults to work, and help eliminate improper
payments; and (4) identify and adjust for unspent prior year
balances from PHAs to determine FY09 funding levels and
to promote the PHA’s accountability in managing Voucher
budgets.
Legislation to implement the Administration’s reform proposal will be submitted to the Congress early in 2008.
f

HOUSING CERTIFICATE FUND
(øRESCISSION¿ CANCELLATION)

øOf the unobligated¿ Unobligated balances, including recaptures
and carryover, remaining from funds appropriated to the Department
of Housing and Urban Development under this headingø,¿ and the
heading ‘‘Annual Contributions for Assisted Housing’’ø, the heading
‘‘Tenant-Based Rental Assistance’’, and the heading ‘‘Project-Based
Rental Assistance’’,¿ for fiscal year ø2007¿ 2009 and prior yearsø,
$1,250,000,000 are rescinded, to be effected by the Secretary of Housing and Urban Development no later than September 30, 2008: Provided, That if insufficient funds exist under these headings, the remaining balance may be derived from any other heading under this
title: Provided further, That the Secretary shall notify the Committees
on Appropriations 30 days in advance of the rescission of any funds
derived from the headings specified above: Provided further, That
any such balances governed by reallocation provisions under the statute authorizing the program for which the funds were originally
appropriated shall be available for the rescission¿ may be used for
renewal of or amendments to section 8 project-based contracts and
for performance-based contract administrators, notwithstanding the
purposes for which such funds were appropriated: Provided øfurther¿,
That any obligated balances of contract authority from fiscal year
1974 and prior that have been terminated shall be permanently cancelled. (Department of Housing and Urban Development Appropriations Act, 2008.)
Program and Financing (in millions of dollars)

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Identification code 86–0319–0–1–604

2007 actual

00.01
00.05

Obligations by program activity:
Contract renewals ..........................................................
Section 8 Amendments ..................................................

10.00

Total new obligations (object class 41.0) ................

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................
Resources available from recoveries of prior year obligations .......................................................................
22.75 Balance of contract authority withdrawn ......................
21.40
22.00
22.10

23.90
23.95

Total budgetary resources available for obligation
Total new obligations ....................................................

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2008 est.

2009 est.

970 ................... ...................
282
400
400
1,252

1,329
¥1,256

400

466 ...................
¥1,250 ...................

1,814
1,184
400
¥169 ................... ...................
1,718
¥1,252
PO 00000

400
¥400

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Unobligated balance carried forward, end of year

466 ................... ...................

New budget authority (gross), detail:
Discretionary:
40.36
Unobligated balance permanently reduced ..............
¥616
Mandatory:
60.00
Appropriation ............................................................. ...................
60.49
Portion applied to liquidate contract authority ........ ...................

¥1,250 ...................
3,000
¥3,000

3,000
¥3,000

62.50
66.36

Appropriation (total mandatory) ........................... ................... ................... ...................
Unobligated balance permanently reduced ..............
¥640 ................... ...................

70.00

Total new budget authority (gross) ..........................

¥1,256

¥1,250 ...................

72.40
73.10
73.20
73.45

13,086
1,252
¥2,715
¥1,814

9,809
400
¥2,223
¥1,184

6,802
400
¥2,047
¥400

74.40

Obligated balance, end of year ................................

9,809

6,802

4,755

86.93

Outlays (gross), detail:
Outlays from discretionary balances .............................

2,715

2,223

2,047

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

¥1,256
2,715

93.01
93.02
93.03
93.04

Memorandum (non-add) entries:
Unobligated balance, start of year: Contract
Unobligated balance, end of year: Contract
Obligated balance, start of year: Contract
Obligated balance, end of year: Contract

¥1,250 ...................
2,223
2,047

authority ...................
123 ...................
authority
123 ................... ...................
authority
10,740
9,809
6,802
authority
9,809
6,802
4,755

The Housing Certificate Fund, until 2005, provided funding
to both project-based and tenant-based components of the Section 8 program. Project-based Rental Assistance and Tenantbased Rental Assistance are now separately funded accounts.
The Housing Certificate Fund retains and recovers balances
from previous years’ appropriations.
f

PROJECT-BASED RENTAL ASSISTANCE
(INCLUDING TRANSFER OF FUNDS)

For activities and assistance for the provision of project-based subsidy contracts under the United States Housing Act of 1937 (42
U.S.C. 1437 et seq.) (‘‘the Act’’), not otherwise provided for,
ø$6,381,810,000¿ $7,000,000,000, to remain available until expended,
shall be available on October 1, 2008, and $400,000,000, to remain
available until expended, shall be available on October 1, 2009: Provided, That the amounts made available under this heading øare
provided as follows:¿
ø(1) Up to $6,139,122,000¿ shall be available for expiring or
terminating section 8 project-based subsidy contracts (including section 8 moderate rehabilitation contracts), for amendments to section
8 project-based subsidy contracts (including section 8 moderate rehabilitation contracts), for contracts entered into pursuant to section 441 of the McKinney-Vento Homeless Assistance Act (42 U.S.C.
11401), for renewal of section 8 contracts for units in projects
that are subject to approved plans of action under the Emergency
Low Income Housing Preservation Act of 1987 or the Low-Income
Housing Preservation and Resident Homeownership Act of 1990,
and for administrative and other expenses associated with projectbased activities and assistance funded under this paragraphø.¿
ø(2) Not less than $238,728,000 but not to exceed $286,230,000¿:
Provided further, That of the amount available under this heading
for FY 2009, up to $232,000,000 shall be available for performancebased contract administrators for section 8 project-based assistance:
Provided further, That the Secretary of Housing and Urban Development may also use such amounts for performance-based contract
administrators for the administration of: interest reduction payments pursuant to section 236(a) of the National Housing Act (12
U.S.C. 1715z–1(a)); rent supplement payments pursuant to section
101 of the Housing and Urban Development Act of 1965 (12 U.S.C.
1701s); section 236(f)(2) rental assistance payments (12 U.S.C.
1715z–1(f)(2)); project rental assistance contracts for the elderly
under section 202(c)(2) of the Housing Act of 1959 (12 U.S.C.
Sfmt 3616

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HUD

PUBLIC AND INDIAN HOUSING PROGRAMS—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
1701q); project rental assistance contracts for supportive housing
for persons with disabilities under section 811(d)(2) of the Cranston-Gonzalez National Affordable Housing Act (42 U.S.C.
8013(d)(2)); project assistance contracts pursuant to section 202(h)
of the Housing Act of 1959 (Public Law 86–372; 73 Stat. 667);
and loans under section 202 of the Housing Act of 1959 (Public
Law 86–372; 73 Stat. 667)ø.¿
ø(3) Not to exceed $3,960,000 may¿: Provided further, That of
the amounts made available under this heading, at least $5,000,000
shall, and up to $6,250,000 may, be transferred to the Working
Capital Fundø.¿
ø(4) Amounts¿: Provided further, That amounts recaptured under
this heading, the heading ‘‘Annual Contributions for Assisted Housing’’, or the heading ‘‘Housing Certificate Fund’’ may be used for
renewals of or amendments to section 8 project-based contracts
or for performance-based contract administrators, notwithstanding
the purposes for which such amounts were appropriated. (Department of Housing and Urban Development Appropriations Act, 2008.)
Program and Financing (in millions of dollars)
Identification code 86–0303–0–1–604

2007 actual

2008 est.

2009 est.

Obligations by program activity:
00.01 Contract Renewals .........................................................
00.02 Contract Administrators .................................................

5,834
149

6,522
239

6,763
232

10.00

Total new obligations (object class 41.0) ................

5,983

6,761

6,995

21.40
22.00
22.10

189
5,975

383 ...................
6,378
6,995

23.90
23.95

Total budgetary resources available for obligation
Total new obligations ....................................................

24.40

Unobligated balance carried forward, end of year

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................
41.00
Transferred to other accounts ...................................
43.00
55.00

202 ................... ...................
6,366
¥5,983

6,761
¥6,761

6,995
¥6,995

383 ................... ...................

5,976
¥1

6,382
¥4

7,000
¥5

543

very low income families. This funding pays the difference
between what a household can afford, generally 30 percent
of eligible income, and the approved market-base rent for
a housing unit. Program activity includes the following:
Contract Renewals.—The contract renewals set-aside provides funding for HUD to renew expiring lease contracts.
Currently, around 80 percent of the contracts are renewed
annually; the other 20 percent are funded from previously
appropriated long-term contracts. These funds go directly to
the housing costs of low- and very low income families in
the program.
Section 8 Amendments.—A funding amendment to a Section
8 contract is required to maintain the project until its contract
expiration date when actual costs incurred exceed the amount
of budget authority originally obligated for the project. These
additional costs are proposed to be entirely funded in 2009
by utilizing recoveries of excess balances remaining on expired
Section 8 contracts that utilized less than anticipated resources in completing the contract. No new funds are requested in 2009 for Section 8 Amendment activity.
Contract Administrators.—The Contract Administrators setaside is necessary to fund the local level administration of
this program. Through this set-aside, HUD funds contracts
with performance-based contract administrators. These entities, which are typically public housing authorities or state
housing finance agencies, are responsible for conducting onsite management reviews of assisted properties; adjusting contract rents; reviewing, processing, and paying monthly vouchers submitted by owners; renewing contracts with property
owners; and responding to health and safety issues at properties. For 2009, up to $232 million is requested for this
set-aside.
Working Capital Fund Transfer.—At least $5 million or
up to $6.25 million is requested in 2009 to fund development
of and modifications to technology systems that support these
activities.
f

Appropriation (total discretionary) ........................
5,975
6,378
6,995
Advance appropriation .............................................. ................... ................... ...................

PUBLIC HOUSING CAPITAL FUND
(INCLUDING TRANSFER OF FUNDS)

70.00

Total new budget authority (gross) ..........................

cprice-sewell on PROD1PC71 with BUDGET PAG

Change in obligated balances:
72.40 Obligated balance, start of year ...................................
73.10 Total new obligations ....................................................
73.20 Total outlays (gross) ......................................................
73.45 Recoveries of prior year obligations ..............................

5,975

6,378

6,995

2,620
2,695
3,130
5,983
6,761
6,995
¥5,706
¥6,326
¥6,481
¥202 ................... ...................

74.40

Obligated balance, end of year ................................

2,695

3,130

3,644

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority .....................
Outlays from discretionary balances .............................

3,367
2,339

4,146
2,180

4,197
2,284

87.00

Total outlays (gross) .................................................

5,706

6,326

6,481

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

5,975
5,706

6,378
6,326

6,995
6,481

The Budget requests $7 billion for project-based rental assistance in 2009 and a $400 million advance appropriation
to become available in 2010. These funds are sufficient to
renew all contracts through fiscal year 2009 and into the
first part of fiscal year 2010
Project-based Rental Assistance.—This program assists approximately 1.3 million low- and very low-income households
in obtaining decent, safe, and sanitary housing in private
accommodations. Project-based Rental Assistance serves families, elderly households, disabled households, and provides
transitional housing for the homeless. Through this funding,
HUD supports approximately 18,000 contracts with owners
of multifamily rental housing to provide housing for low- and
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For the Public Housing Capital Fund Program to carry out capital
and management activities for public housing agencies, as authorized
under section 9 of the United States Housing Act of 1937 (42 U.S.C.
1437g) (the ‘‘Act’’) ø$2,438,964,000¿ $2,024,000,000, to remain available until September 30, ø2011¿ 2012: Provided, That notwithstanding any other provision of law or regulation, during fiscal year
ø2008¿ 2009 the Secretary of Housing and Urban Development may
not delegate to any Department official other than the Deputy Secretary and the Assistant Secretary for Public and Indian Housing
any authority under paragraph (2) of section 9(j) regarding the extension of the time periods under such section: Provided further, That
for purposes of such section 9(j), the term ‘‘obligate’’ means, with
respect to amounts, that the amounts are subject to a binding agreement that will result in outlays, immediately or in the future: Provided further, That of the total amount provided under this heading,
up to ø$12,000,000¿ $7,420,000 shall be for carrying out activities
under section 9(h) of such Act; ønot to exceed $16,847,000 may¿
at least $14,577,000 shall, and up to $18,221,250 may, be transferred
to the Working Capital Fund; and up to $15,345,000 shall be to
support the ongoing Public Housing Financial and Physical Assessment activities of the Real Estate Assessment Center (REAC): Provided further, That no funds may be used under this heading for
the purposes specified in section 9(k) of the Act: øProvided further,
That of the total amount provided under this heading, not to exceed
$18,500,000 shall be available for the Secretary to make grants, notwithstanding section 204 of this Act, to public housing agencies for
emergency capital needs resulting from unforeseen or unpreventable
emergencies and natural disasters occurring in fiscal year 2008:¿
Provided further, That of the total amount provided under this heading, ø$40,000,000¿ $37,620,000 shall be for supportive services, service coordinators and congregate services as authorized by section
34 of the Act (42 U.S.C. 1437z–6) and the Native American Housing
Assistance and Self-Determination Act of 1996 (25 U.S.C. 4101 et
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HUD

544

PUBLIC AND INDIAN HOUSING PROGRAMS—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2009

PUBLIC HOUSING CAPITAL FUND—Continued
(INCLUDING TRANSFER OF FUNDS)—Continued

seq.): Provided further, That of the total amount provided under
this heading up to ø$8,820,000¿ $10,000,000 is to support the costs
of administrative and judicial receiverships: Provided further, That
from the funds made available under this heading, the Secretary
shall provide bonus awards in fiscal year ø2008¿ 2009 to public
housing agencies that are designated high performers. (Department
of Housing and Urban Development Appropriations Act, 2008.)
Program and Financing (in millions of dollars)
Identification code 86–0304–0–1–604

2007 actual

2008 est.

2009 est.

Obligations by program activity:
00.01 Capital Grants ...............................................................
2,494
2,327
1,939
00.02 Modernization Technical Assistance ..............................
34
12
7
00.03 Emergency/Disaster Reserve ..........................................
3
19 ...................
00.04 Neighborhood Networks ..................................................
14 ................... ...................
00.05 Neighborhood Networks Technical Assistance ...............
1 ................... ...................
00.06 Resident Opportunities and Supportive Services ..........
50
40
38
00.07 Administrative Receivership ..........................................
9
9
10
00.08 Financial and Physical Assessment Support ................ ...................
15
15
00.09 Working Capital Fund .................................................... ...................
17
15
10.00

Total new obligations (object class 41.0) ................

23.90
23.95
23.98

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance expiring or withdrawn .................

24.40

Unobligated balance carried forward, end of year

40.00
40.36
41.00

New budget authority (gross), detail:
Discretionary:
Appropriation .............................................................
Unobligated balance permanently reduced ..............
Transferred to other accounts ...................................

43.00
60.00
60.49

cprice-sewell on PROD1PC71 with BUDGET PAG

62.50

2,605

2,439

2,024

335
2,420

160
2,422

144
2,009

16
1 ...................
¥5 ................... ...................

160

144

129

2,439
2,439
2,024
¥8 ................... ...................
¥11
¥17
¥15
2,422

2,009

500
¥500

Appropriation (total mandatory) ........................... ................... ................... ...................
Total new budget authority (gross) ..........................

72.40
73.10
73.20
73.40
73.45

Change in obligated balances:
Obligated balance, start of year ...................................
Total new obligations ....................................................
Total outlays (gross) ......................................................
Adjustments in expired accounts (net) .........................
Recoveries of prior year obligations ..............................

74.40

Obligated balance, end of year ................................

2,420

2,422

2,009

PUBLIC HOUSING OPERATING FUND
For ø2008¿ 2009 payments to public housing agencies for the operation and management of public housing, as authorized by section
9(e) of the United States Housing Act of 1937 (42 U.S.C. 1437g(e)),
ø$4,200,000,000¿ $4,300,000,000; of which $5,940,000 shall be for
competitive grants and contracts to third parties for the provision
of technical assistance to public housing agencies related to the transition and implementation of asset-based management in public housing: Provided, That, in fiscal year ø2008¿ 2009 and all fiscal years
hereafter, no amounts under this heading in any appropriations Act
may be used for payments to public housing agencies for the costs
of operation and management of public housing for any year prior
to the current year of such Act: Provided further, That no funds
may be used under this heading for the purposes specified in section
9(k) of the United States Housing Act of 1937. (Department of Housing and Urban Development Appropriations Act, 2008.)
Program and Financing (in millions of dollars)

8,373
7,888
7,304
2,605
2,439
2,024
¥3,071
¥3,022
¥2,959
¥3 ................... ...................
¥16
¥1 ...................
7,888

7,304

Identification code 86–0163–0–1–604

00.01
00.02

2007 actual

Obligations by program activity:
Operating Subsidy ..........................................................
3,865
Transition to asset management .................................. ...................

10
3,061

69
2,953

59
2,900

87.00

3,071

3,022

2,959

10.00

Total new obligations (object class 41.0) ................

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................

23.90
23.95

Total budgetary resources available for obligation
Total new obligations ....................................................

Net budget authority and outlays:
89.00 Budget authority ............................................................
90.00 Outlays ...........................................................................

2,420
3,071

2,422
3,022

2,009
2,959

24.40

Memorandum (non-add) entries:
Obligated balance, start of year: Contract authority
Obligated balance, end of year: Contract authority

1,582
1,576

1,576
1,076

1,076
576

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................

93.03
93.04

The Public Housing Capital Fund, a formula-driven program based on estimated need, is designed to respond to
the capital and management improvement requirements of
public housing.
Of the $2.02 billion requested for the Public Housing Capital Fund, approximately $1.94 billion is provided to cover
VerDate Aug 31 2005

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2008 est.

2009 est.

4,194
6

4,294
6

4,200

4,300

6,369

Outlays (gross), detail:
86.90 Outlays from new discretionary authority .....................
86.93 Outlays from discretionary balances .............................
Total outlays (gross) .................................................

2,766
2,583
2,153
¥2,605
¥2,439
¥2,024
¥1 ................... ...................

Appropriation (total discretionary) ........................
2,420
Mandatory:
Appropriation ............................................................. ...................
Portion applied to liquidate contract authority ........ ...................

70.00

annual accrual needs. Other uses include up to $7 million
for technical assistance, up to $15 million for public housing
financial and physical assessment support, $37.6 million for
support services, and up to $10 million for administrative
and judicial receiverships. In addition, at least $14.6 million
shall be transferred to the Working Capital Fund to fund
development of and modifications of systems that support
public housing. Funds for disaster relief are not requested.
FEMA disaster assistance is available for any needs that
are not covered by the required property insurance.
The Public Housing Capital Fund protects and enhances
a valuable affordable housing resource, which serves approximately 1.2 million families with limited income. Of those families, 32 percent are elderly and 20 percent are disabled.
The 2009 Budget provides resources to support the estimated $2 billion annual capital accrual needs of the public
housing inventory. Over the next year, the Department will
conduct a new capital needs study of public housing. Since
the last capital needs study in 1998, the backlog of capital
needs for public housing is estimated to have been reduced
through demolitions of more than 157,000 of the most distressed public housing stock as well as modernization and
redevelopment of several hundred thousand units. A mandatory conversion rule has been implemented that will greatly
accelerate the demolition of units beyond repair. In fiscal
year 2007, 85.7 percent of housing units meet HUD’s physical
standards, compared to 82 percent in 2001.

Fmt 3616

3,865

1 ................... ...................
3,864
4,200
4,300
3,865
¥3,865

4,200
¥4,200

4,300
¥4,300

Unobligated balance carried forward, end of year ................... ................... ...................

72.40
73.10
73.20
73.40

74.40

Obligated balance, end of year ................................

Sfmt 3643

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HUD

3,864

4,200

4,300

940
1,096
1,018
3,865
4,200
4,300
¥3,708
¥4,278
¥4,286
¥1 ................... ...................
1,096

1,018

1,032

PUBLIC AND INDIAN HOUSING PROGRAMS—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority .....................
Outlays from discretionary balances .............................

2,773
935

3,192
1,086

3,268
1,018

87.00

Total outlays (gross) .................................................

3,708

4,278

4,286

Offsets:
Against gross budget authority and outlays:
88.40
Offsetting collections (cash) from: Non-Federal
sources ..................................................................
Against gross budget authority only:
88.96
Portion of offsetting collections (cash) credited to
expired accounts ...................................................

89.00
90.00

¥2 ................... ...................

2 ................... ...................

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

3,864
3,706

4,200
4,278

4,300
4,286

Operating subsidies are provided to public housing authorities (PHAs) to assist in funding the operation and maintenance expenses of public housing units in accordance with
Section 9(e) of the United States Housing Act of 1937, as
amended. The 2009 request of $4.3 billion is a 2.4 percent
increase in operating subsidies, reflecting higher costs for dayto-day expenses.
The following tables display the sources of PHAs’ expected
revenue and expenditures by category in 2009. The distribution is based on historical data reported by PHAs to HUD.
Sources of PHAs’ Operating Revenue
Category (in millions of dollars)

Annual
income

Percent of
total

Operating Subsidies .......................................................................................
Dwelling Rental ..............................................................................................
Investment .....................................................................................................
Other Income ..................................................................................................

$4,294
2,568
124
204

60%
36%
1%
3%

Total, Operating Revenue .................................................................

7,190

100%

Operating Subsidies.—Represent HUD’s contributions to a
PHA’s operating budget. Under the current formula-based approach, HUD sets a formula-determined allowable expense
level (AEL) for each PHA and separately computes utility
and audit costs. The PHA’s dwelling rental income is also
projected and the subsidy is the difference between the projected AEL, utility, and audit expenses and projected dwelling
rental income. AEL is not based on actual cost data from
PHAs. HUD, after consultation with PHAs, has adopted a
new operating subsidy formula based on the previously congressionally sanctioned cost study conducted by the Harvard
Graduate School of Design. The new formula was implemented beginning in 2007.
Dwelling Rental.—Income derived from tenants’ rents.
Investment Income.—Income from interest earned on general fund investments.
Other Income.—Includes income from other sources such
as renting rooftop space for signs or broadcasting, and from
operating services for tenants, such as laundromats or day
care centers.
PHAs’ Operating Expenditures

cprice-sewell on PROD1PC71 with BUDGET PAG

Category (in millions of dollars)

Annual
expenditures

Percent of
total

Utilities ...........................................................................................................
Administration ................................................................................................
General Operating Expenses ..........................................................................
Maintenance ...................................................................................................
Tenant Services ..............................................................................................
Protective Services .........................................................................................

$1,730
2,076
595
2,391
206
192

24%
29%
8%
33%
3%
3%

Total, Operating Expenses/*/ ...........................................................

7190

100%

Utilities.—Includes water, sewer, electricity, gas, and fuel.
Administration.—Includes administrative salaries, legal expenses, staff training, travel, accounting fees, auditing fees,
sundry, and outside management costs.
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545

General Operating Expenses.—Includes insurance, payments
made to local governments in lieu of taxes, terminal leave
payments, employees benefit contributions, collection losses,
interest on administrative and sundry notes, and other general expenses.
Ordinary Maintenance and Operations.—Consists of expenses for labor, materials, contracts and garbage fees associated with the day-to-day operation of the public housing authority.
Tenant Services.—Covers salaries, recreation, publication,
contract costs, training, and other expenses.
Protective Services.—Includes expenses for labor, materials,
and contract costs.
Asset-Based Management Technical Assistance.—Provides
$5.9 million in competitive grants to support PHAs
transitioning to project-based accounting and asset-based
management.
f

DRUG ELIMINATION GRANTS

FOR

LOW-INCOME HOUSING

Program and Financing (in millions of dollars)
Identification code 86–0197–0–1–604

2007 actual

2008 est.

2009 est.

Budgetary resources available for obligation:
21.40 Unobligated balance carried forward, start of year ...................
1
1
22.10 Resources available from recoveries of prior year obligations .......................................................................
1 ................... ...................
23.90

Total budgetary resources available for obligation

24.40

Unobligated balance carried forward, end of year

72.40
73.20
73.45

3
1 ...................
¥1
¥1 ...................
¥1 ................... ...................

74.40

Obligated balance, end of year ................................

1 ................... ...................

86.93

Outlays (gross), detail:
Outlays from discretionary balances .............................

89.00
90.00

1 ...................

The Public Housing Drug Elimination Grants program was
terminated in the 2002 Budget—no new appropriations have
been provided since fiscal year 2001. The program was found
to have limited impact. Current regulatory tools, such as tenant screening and eviction, are effective in reducing drugrelated crime in public housing. PHAs can supplement other
public housing security efforts using operating funds if they
choose.
f

øREVITALIZATION

SEVERELY DISTRESSED PUBLIC HOUSING (HOPE
VI)¿

øFor grants to public housing agencies for demolition, site revitalization, replacement housing, and tenant-based assistance grants to
projects as authorized by section 24 of the United States Housing
Act of 1937 (42 U.S.C. 1437v), $100,000,000, to remain available
until September 30, 2008, of which the Secretary of Housing and
Urban Development shall use $2,400,000 for technical assistance and
contract expertise, to be provided directly or indirectly by grants,
contracts or cooperative agreements, including training and cost of
necessary travel for participants in such training, by or to officials
and employees of the department and of public housing agencies
and to residents: Provided, That none of such funds shall be used
directly or indirectly by granting competitive advantage in awards
to settle litigation or pay judgments, unless expressly permitted herein.¿ (Department of Housing and Urban Development Appropriations
Act, 2008.)
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HUD

546

PUBLIC AND INDIAN HOUSING PROGRAMS—Continued
Federal Funds—Continued

øREVITALIZATION

THE BUDGET FOR FISCAL YEAR 2009

SEVERELY DISTRESSED PUBLIC HOUSING (HOPE
VI)¿—Continued

Program and Financing (in millions of dollars)
Identification code 86–0218–0–1–604

2007 actual

2008 est.

2009 est.

Obligations by program activity:
00.01 Direct program activity ..................................................

198 ...................

10.00

Total new obligations (object class 41.0) ................

198 ...................

21.40
22.00
22.10

60
96

98 ...................
100 ...................

23.90
23.95

Total budgetary resources available for obligation
Total new obligations ....................................................

24.40

Unobligated balance carried forward, end of year

2 ................... ...................
158
¥60

198 ...................
¥198 ...................

Native American Housing interests for providing training and technical assistance to Indian Housing authorities and tribally designated
housing entities as authorized under NAHASDA; and¿ $4,250,000
shall be to support the inspection of Indian housing units, contract
expertise, training, and technical assistance in the training, oversight,
and management of such Indian housing and tenant-based assistance,
including up to $300,000 for related travel: Provided further, That
of the amount provided under this heading, ø$1,980,000¿ $2,000,000
shall be made available for the cost of guaranteed notes and other
obligations, as authorized by title VI of NAHASDA: Provided further,
That such costs, including the costs of modifying such notes and
other obligations, shall be as defined in section 502 of the Congressional Budget Act of 1974, as amended: Provided further, That these
funds are available to subsidize the total principal amount of any
notes and other obligations, any part of which is to be guaranteed,
not to exceed $17,000,000. (Department of Housing and Urban Development Appropriations Act, 2008.)
Program and Financing (in millions of dollars)

98 ................... ...................
Identification code 86–0313–0–1–604

Appropriation (total discretionary) ........................

72.40
73.10
73.20
73.45

74.40

Obligated balance, end of year ................................

86.90
86.93
87.00

99
100 ...................
¥3 ................... ...................
96

100 ...................

1,754
1,296
1,044
60
198 ...................
¥516
¥450
¥400
¥2 ................... ...................
1,296

1,044

Outlays (gross), detail:
Outlays from new discretionary authority ..................... ...................
Outlays from discretionary balances .............................
516
Total outlays (gross) .................................................

644

3 ...................
447
400

516

450

96
516

2007 actual

2008 est.

2009 est.

Obligations by program activity:
00.02 Title VI Loan Guarantee Subsidy ...................................
1
2
2
00.07 Upward reestimate .........................................................
2 ................... ...................
00.10 Indian Housing Block Grants .........................................
641
667
621
00.11 Technical Assistance .....................................................
5
10
4
00.12 NAIHC ............................................................................. ...................
2 ...................
10.00

Total new obligations (object class 41.0) ................

649

681

627

21.40
22.00
22.10

75
626

55
630

4
627

23.90
23.95

Total budgetary resources available for obligation
Total new obligations ....................................................

704
¥649

685
¥681

631
¥627

24.40

Unobligated balance carried forward, end of year

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................
Mandatory:
60.00
Appropriation .............................................................

624

630

627

70.00

Total new budget authority (gross) ..........................

626

72.40
73.10
73.20
73.45

74.40

Obligated balance, end of year ................................

86.90
86.93
86.97

Outlays (gross), detail:
Outlays from new discretionary authority .....................
Outlays from discretionary balances .............................
Outlays from new mandatory authority .........................

87.00

Total outlays (gross) .................................................

582

609

630

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

626
582

630
609

627
630

3 ................... ...................

400

100 ...................
450
400

The HOPE VI program in coordination with funding from
the Public Housing Capital Fund has completed its goal of
contributing to the demolition of 100,000 severely distressed
public housing units. The HOPE VI program, while completing its goal, was found to be more costly than other programs and slow to complete redevelopments. The budget proposes no additional funds.
The remaining balance in this program of over $1.4 billion
at the end of 2006 will spend out over several years as the
redevelopment projects are completed. Cumulative results of
the HOPE VI program as of June 30, 2007 follow: 68,657
households have been relocated, 87,445 units have been demolished, 61,222 units (new and rehabilitated) have been
completed, and 58,719 completed units have been occupied.
f

2 ................... ...................
630

627

933
997
1,069
649
681
627
¥582
¥609
¥630
¥3 ................... ...................
997

1,069

1,066

168
186
185
412
423
445
2 ................... ...................

cprice-sewell on PROD1PC71 with BUDGET PAG

NATIVE AMERICAN HOUSING BLOCK GRANTS
For the Native American Housing Block Grants program, as authorized under title I of the Native American Housing Assistance
and Self-Determination Act of 1996 (NAHASDA) (25 U.S.C. 4111
et seq.), ø$630,000,000¿ $627,000,000, to remain available until expended: Provided, That, notwithstanding the Native American Housing Assistance and Self-Determination Act of 1996, to determine the
amount of the allocation under title I of such Act for each Indian
tribe, the Secretary shall apply the formula under section 302 of
such Act with the need component based on single-race Census data
and with the need component based on multi-race Census data, and
the amount of the allocation for each Indian tribe shall be the greater
of the two resulting allocation amounts: Provided further, That of
the amounts made available under this heading, ø$2,000,000 shall
be contracted for assistance for a national organization representing
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Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in
millions of dollars)
Identification code 86–0313–0–1–604

2007 actual

Guaranteed loan levels supportable by subsidy budget
authority:
215001 Title VI Indian Federal Guarantees Program .................
215999 Total loan guarantee levels ...........................................
Guaranteed loan subsidy (in percent):
232001 Title VI Indian Federal Guarantees Program .................
232999 Weighted average subsidy rate .....................................
Guaranteed loan subsidy budget authority:
233001 Title VI Indian Federal Guarantees Program .................
Sfmt 3643

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HUD

2008 est.

2009 est.

11.99

12.12

12.34

11.99

12.12

12.34

PUBLIC AND INDIAN HOUSING PROGRAMS—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
233999 Total subsidy budget authority ......................................
Guaranteed loan subsidy outlays:
234001 Title VI Indian Federal Guarantees Program .................

23.95

Total new obligations ....................................................

¥8

¥18

¥6

24.40

Unobligated balance carried forward, end of year

234999 Total subsidy outlays .....................................................
Guaranteed loan upward reestimates:
235001 Title VI Indian Federal Guarantees Program .................

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................

235999 Total upward reestimate budget authority ....................
Guaranteed loan downward reestimates:
237001 Title VI Indian Federal Guarantees Program .................

2 ................... ...................
¥7

¥3 ...................

237999 Total downward reestimate subsidy budget authority

¥7

¥3 ...................

Change in obligated balances:
Obligated balance, start of year ................................... ................... ...................
Total new obligations ....................................................
8
18
Total outlays (gross) ......................................................
¥8
¥7

11
6
¥6

2 ................... ...................

Title I of the Native American Housing Assistance and SelfDetermination Act (NAHASDA) of 1996 (P.L. 104–330) authorized the Native American Housing Block Grant program.
This program provides an allocation of funds on a formula
basis to Indian tribes and their tribally designated housing
entities to help them address housing needs within their communities. HUD has determined, using 2000 Census data, that
273,658 American Indian/Alaska Native households, out of
965,684 have ‘‘severe housing needs.’’ This is defined as a
lack of basic plumbing or kitchen facilities, having more than
1.01 persons per room, or having a cost burden of over 50
percent of income. According to the Senate Committee on
Indian Affairs, in 2002, 90,000 Indian families were homeless
or underhoused. On tribal lands, 28 percent of Indian households were found to be overcrowded or to lack adequate
plumbing and kitchen facilities, compared to 5.4 percent of
national households. The Budget supports a program goal
to reduce over-crowding on Native lands by 10 percent.
The Native American Housing Block Grant program includes a guaranteed loan provision (Title VI). A guarantee
level of $17 million is proposed for this loan guarantee program for 2009. A primary goal of the Title VI program is
to encourage private lenders to provide financing in Indian
country. Therefore, the program provides for the federal guarantee of notes or other obligations issued by Indian tribes
or tribally designated housing entities for the purpose of financing affordable housing activities described in section 202
of the Act.
As required by the Federal Credit Reform Act of 1990,
this account records, for this program, the subsidy costs associated with the loan guarantees committed in 1998 and beyond (including modifications of guarantees that resulted from
obligations in any given year), as well as administrative expenses of this program. The subsidy amounts are estimated
on a present value basis; the administrative expenses are
estimated on a cash basis.
f

NATIVE HAWAIIAN HOUSING BLOCK GRANT

Program and Financing (in millions of dollars)
Identification code 86–0235–0–1–604

2007 actual

2008 est.

2009 est.

00.01

Obligations by program activity:
Native Hawaiian Housing Block Grant ..........................

10.00

Total new obligations (object class 41.0) ................

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................

9
9

10
9

1
6

23.90

Total budgetary resources available for obligation

Frm 00009

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72.40
73.10
73.20
74.40

Obligated balance, end of year ................................ ...................

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority ..................... ...................
Outlays from discretionary balances .............................
8

1 ...................
6
6

87.00

Total outlays (gross) .................................................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

9
8

9
7

6
6

The Hawaiian Homelands Homeownership Act of 2000 (P.L.
106–568) amended the Native American Housing Assistance
and Self-Determination Act of 1996 by adding Title VIII,
which authorized the Native Hawaiian Housing Block Grant
program. This program provides an allocation of funds to
assist and promote affordable housing activities to develop,
maintain and operate affordable housing for eligible low-income Native Hawaiian families.
It authorizes annual grants to the Department of Hawaiian
Home Lands (DHHL) for housing and housing-related assistance, pursuant to an annual housing plan, within the area
in which DHHL is authorized to provide that assistance.
DHHL uses performance measures and benchmarks that are
based on the needs and priorities established in its five- and
one-year housing plans.
f

LOW-RENT PUBLIC HOUSING—LOANS

AND

OTHER EXPENSES

Program and Financing (in millions of dollars)
Identification code 86–4098–0–3–604

2007 actual

2008 est.

2009 est.

Obligations by program activity:
09.01 Reimbursable program: Capital investment loans to
PHAs ..........................................................................

10.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year ...................
New budget authority (gross) ........................................
95
Portion applied to repay debt ........................................
¥93

1
100
¥99

1
100
¥93

21.40
22.00
22.60

For the Native Hawaiian Housing Block Grant program, as authorized under title VIII of the Native American Housing Assistance
and Self-Determination Act of 1996 (25 U.S.C. 4111 et seq.),
ø$9,000,000¿ $5,940,000, to remain available until expendedø, of
which $300,000¿: Provided, That of this amount, $299,211 shall be
for training and technical assistance activities, including up to
$100,000 for related travel. (Department of Housing and Urban Development Appropriations Act, 2008.)
cprice-sewell on PROD1PC71 with BUDGET PAG

547

Total new obligations (object class 43.0) ................

23.90
23.95

Total budgetary resources available for obligation
Total new obligations ....................................................

2
¥1

8
¥1

24.40

Unobligated balance carried forward, end of year

New budget authority (gross), detail:
Mandatory:
67.10
Authority to borrow ....................................................
69.00
Spending authority from offsetting collections: Offsetting collections (cash) .....................................

70.00

Total new budget authority (gross) ..........................

100

72.40
73.10
73.20

305
1
¥59

247
1
¥100

148
1
¥100

74.40

Obligated balance, end of year ................................

247

148

86.97

Outlays (gross), detail:
Outlays from new mandatory authority .........................

100

Sfmt 3643

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HUD

548

PUBLIC AND INDIAN HOUSING PROGRAMS—Continued
Federal Funds—Continued

LOW-RENT PUBLIC HOUSING—LOANS
Continued

AND

THE BUDGET FOR FISCAL YEAR 2009
OTHER EXPENSES—

Program and Financing (in millions of dollars)—Continued
Identification code 86–4098–0–3–604

2007 actual

2008 est.

¥99

2
¥34

1
1

....................

200

Total liabilities and net position ...............................................

1,244

1,086

791
¥99

692
¥99

791

692

593

Program and Financing (in millions of dollars)

2008 est.

2009 est.

Identification code 86–0223–0–1–371

Status of Guaranteed Loans (in millions of dollars)
2007 actual

2008 est.

2009 est.

1,140
¥242

898
¥242

656
¥267

898

656

389

00.02
00.12

2007 actual

2008 est.

2009 est.

Obligations by program activity:
Guaranteed loan subsidy ...............................................
6
9
Administrative Contract Expenses ................................. ................... ...................

11
1

10.00

Total new obligations ................................................

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................

5
7

6
7

4
9

178

23.90
23.95

Total budgetary resources available for obligation
Total new obligations ....................................................

12
¥6

13
¥9

13
¥12

The Low-Rent Public Housing Loan Fund provides direct
Federal loans to fund remaining Public Housing Agency and
Indian Housing Authority construction, acquisition, and modernization activities reserved under the Annual Contributions
appropriation through 1986. These loans are made by borrowing from the Treasury. Under legislation enacted during
1986 (Public Law 99–272), amounts borrowed from the Treasury are forgiven at the end of each fiscal year and the loans
to PHAs/IHAs are forgiven as construction, acquisition, and
modernization activities are completed. Under the provisions
of this legislation, $2 million borrowed from the Treasury
was forgiven in 2007, $1 million will be borrowed from the
Treasury and forgiven in 2008, and an estimated $1 million
will be borrowed from the Treasury and forgiven in 2009.
Since 1987, new reservations of capital funds for construction, acquisition, and modernization activities have been provided directly from the Public Housing Capital Fund appropriations.
Operating Results.—The actual net operating income for
2006 and 2007 follows:

24.40

Unobligated balance carried forward, end of year

70.00

Total new budget authority (gross) ..........................

72.40
73.10
73.20

2
6
¥6

2
9
¥7

4
12
¥9

74.40

Obligated balance, end of year ................................

86.90
86.93
86.97

87.00

Total outlays (gross) .................................................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

7
6

7
7

9
9

2290

Outstanding, end of year ..........................................

Memorandum:
2299 Guaranteed amount of guaranteed loans outstanding,
end of year ................................................................

898

600

Balance Sheet (in millions of dollars)
Identification code 86–4098–0–3–604

2006 actual

ASSETS:
1101 Federal assets: Fund balances with Treasury ..........................
1601 Direct loans, gross ......................................................................
1602 Interest receivable ........................................................................
cprice-sewell on PROD1PC71 with BUDGET PAG

Total net position ........................................................................

4999

884
¥93

Outstanding, end of year ..........................................

3999

For the cost of guaranteed loans, as authorized by section 184
of the Housing and Community Development Act of 1992 (12 U.S.C.
1715z–13a), ø$7,450,000¿ $9,000,000, to remain available until expended: Provided, That such costs, including the costs of modifying
such loans, shall be as defined in section 502 of the Congressional
Budget Act of 1974: Provided further, That these funds are available
to subsidize total loan principal, any part of which is to be guaranteed, up to ø$367,000,000¿ $420,000,000: Provided further, That up
to $750,000 shall be for administrative contract expenses including
management processes and systems to carry out the loan guarantee
program. (Department of Housing and Urban Development Appropriations Act, 2008.)

2007 actual

Identification code 86–4098–0–3–604

–7

INDIAN HOUSING LOAN GUARANTEE FUND PROGRAM ACCOUNT

Status of Direct Loans (in millions of dollars)

1290

–6

¥93

Cumulative balance of direct loans outstanding:
1210 Outstanding, start of year .............................................
1251 Repayments: Repayments and prepayments .................

Cumulative results of operations ...............................................

2009 est.

Offsets:
Against gross budget authority and outlays:
88.00
Offsetting collections (cash) from: Federal sources

Identification code 86–4098–0–3–604

3300

305
885
54

2007 actual

247
791
48

1604

Direct loans and interest receivable, net .................................

939

839

1699

Value of assets related to direct loans ...................................

939

839

Total assets ..................................................................................
LIABILITIES:
Federal liabilities:
2102 Interest payable ............................................................................
2104 Resources payable to Treasury ...................................................

1,244

1,086

107
884

96
790

991
259

1999

2999

Total liabilities .............................................................................
NET POSITION:
3100 Appropriated capital .....................................................................
VerDate Aug 31 2005

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1 ................... ...................

2
5
6
3
2
3
1 ................... ...................

Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in
millions of dollars)
Identification code 86–0223–0–1–371

2007 actual

Guaranteed loan levels supportable by subsidy budget
authority:
215001 Indian Housing Loan Guarantee ....................................
215999 Total loan guarantee levels ...........................................
Guaranteed loan subsidy (in percent):
232001 Indian Housing Loan Guarantee ....................................

2008 est.

2009 est.

235

367

420

235

367

420

2.35

2.42

2.52

2.35

2.42

2.52

886

232999 Weighted average subsidy rate .....................................
Guaranteed loan subsidy budget authority:
233001 Indian Housing Loan Guarantee ....................................

207

233999 Total subsidy budget authority ......................................

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HUD

PUBLIC AND INDIAN HOUSING PROGRAMS—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
Guaranteed loan subsidy outlays:
234001 Indian Housing Loan Guarantee ....................................

88.00

234999 Total subsidy outlays .....................................................
Guaranteed loan upward reestimates:
235001 Indian Housing Loan Guarantee ....................................

88.25
88.40

Offsetting collections (cash) from:
Federal sources: Payments from program account .................................................................
Interest on uninvested funds ...............................
Non-Federal sources .............................................

88.90

Total, offsetting collections (cash) .......................

235999 Total upward reestimate budget authority ....................
Guaranteed loan downward reestimates:
237001 Indian Housing Loan Guarantee ....................................

1 ................... ...................
¥1

237999 Total downward reestimate subsidy budget authority

¥1

¥6 ...................
¥6 ...................

Object Classification (in millions of dollars)

25.2
41.0
99.9

2007 actual

2008 est.

2009 est.

Direct obligations:
Other services ................................................................ ................... ...................
Grants, subsidies, and contributions ............................
6
9
Total new obligations ................................................

1
11

INDIAN HOUSING LOAN GUARANTEE FUND FINANCING ACCOUNT
Program and Financing (in millions of dollars)
Identification code 86–4104–0–3–604

2007 actual

2009 est.

1
1
6 ...................

10.00

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New financing authority (gross) ....................................

14
9

22
4

19
4

23.90
23.95

Total budgetary resources available for obligation
Total new obligations ....................................................

23
¥1

26
¥7

23
¥1

24.40

Unobligated balance carried forward, end of year

New financing authority (gross), detail:
Mandatory:
69.00
Spending authority from offsetting collections: Offsetting collections (cash) .....................................

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2008 est.

Obligations by program activity:
00.01 Default Claims ...............................................................
1
08.02 Downward Re-estimate .................................................. ...................
Total new obligations ................................................

72.40
73.10
73.20

74.40

Obligated balance, end of year ................................

87.00

Outlays (gross), detail:
Total financing disbursements (gross) .....................

¥2
¥2
5
1
7
1
¥1 ................... ...................
¥2

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89.00
90.00

Fmt 3616

¥9

¥4

Net financing authority and financing disbursements:
Financing authority ........................................................ ................... ................... ...................
Financing disbursements ...............................................
¥8
¥4
¥4

Status of Guaranteed Loans (in millions of dollars)
Identification code 86–4104–0–3–604

2007 actual

2008 est.

2009 est.

Position with respect to appropriations act limitation
on commitments:
2111 Limitation on guaranteed loans made by private lenders ..............................................................................
251
367
350
2121 Limitation available from carry-forward .......................
98
114
114
2142 Uncommitted loan guarantee limitation ....................... ................... ................... ...................
2143 Uncommitted limitation carried forward .......................
¥114
¥114
¥44
2150
2199

Total guaranteed loan commitments ........................
Guaranteed amount of guaranteed loan commitments

2210
2231
2251
2263

235
235

367
367

420
420

362
251
¥28

584
367
¥30

920
420
¥32

¥1

2290

Outstanding, end of year ..........................................

584

920

1,307

2299

Memorandum:
Guaranteed amount of guaranteed loans outstanding,
end of year ................................................................

581

920

1,307

As required by the Federal Credit Reform Act of 1990,
this non-budgetary account records all cash flows to and from
the Government resulting from the loan guarantees committed in 1992 and beyond (including modifications of loan
guarantees that resulted from obligations in any year). The
amounts in this account are a means of financing and are
not included in the budget totals. As required by the Federal
Credit Reform Act of 1990, no administrative expenses can
be recorded in the financing account.
Balance Sheet (in millions of dollars)
Identification code 86–4104–0–3–604

2006 actual

2007 actual

ASSETS:
1101 Federal assets: Fund balances with Treasury ..........................

1999

Total assets ..................................................................................
LIABILITIES:
Non-Federal liabilities:
2204 Liabilities for loan guarantees ...................................................
2207 Unearned revenues and advances .............................................

10
3

16
5

2999

Total liabilities .............................................................................

4999

Total liabilities and net position ...............................................

Offsets:
Against gross financing authority and financing disbursements:
VerDate Aug 31 2005

¥6
¥4
¥4
¥1 ................... ...................
¥2 ................... ...................

1 ................... ...................

As required by the Federal Credit Reform Act of 1990,
this account records, for this program, the subsidy costs associated with the loan guarantees committed in 1992 and beyond (including modifications of guarantees that resulted from
obligations in any year). The subsidy amounts are estimated
on a net present value basis. The administrative expenses
are shown on a cash basis.
This program provides access to sources of private financing
for Indian families, Indian tribes, and their tribally designated housing entities who otherwise could not acquire
housing financing because of the unique legal status of Indian
trust land. The Budget proposes increased funding to support
additional loan guarantee activity and to provide managerial
and systems support. The latter is important given the significant growth in loan activity under this program. Loan commitments increased 128 percent from 2005 to 2007, supporting homeownership efforts on Indian lands.

Identification code 86–0223–0–1–371

549

øNATIVE HAWAIIAN HOUSING LOAN GUARANTEE FUND PROGRAM
ACCOUNT¿
øFor the cost of guaranteed loans, as authorized by section 184A
of the Housing and Community Development Act of 1992 (12 U.S.C.
1715z–13b), $1,044,000, to remain available until expended: Provided,
That such costs, including the costs of modifying such loans, shall
be as defined in section 502 of the Congressional Budget Act of
1974: Provided further, That these funds are available to subsidize
total loan principal, any part of which is to be guaranteed, not to
exceed $41,504,255.¿ (Department of Housing and Urban Development
Appropriations Act, 2008.)
Sfmt 3616

E:\BUDGET\HUD.XXX

HUD

550

PUBLIC AND INDIAN HOUSING PROGRAMS—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2009

øNATIVE HAWAIIAN HOUSING LOAN GUARANTEE FUND PROGRAM
ACCOUNT¿—Continued

NATIVE HAWAIIAN HOUSING LOAN GUARANTEE FUND FINANCING
ACCOUNT

Program and Financing (in millions of dollars)

Identification code 86–0233–0–1–371

2007 actual

2008 est.

2009 est.

Identification code 86–4351–0–3–371

Obligations by program activity:
00.02 Guaranteed loan subsidy ............................................... ...................

10.00

21.40
22.00
23.90
23.95
24.40

Total new obligations (object class 41.0) ................ ...................
Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................

5
1

Total budgetary resources available for obligation
6
Total new obligations .................................................... ...................

6
6
1 ...................
7
¥1

6
¥1
5

Unobligated balance carried forward, end of year

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................

1 ...................

Change in obligated balances:
73.10 Total new obligations .................................................... ...................
73.20 Total outlays (gross) ...................................................... ...................

1
¥1

Outlays (gross), detail:
Outlays from discretionary balances ............................. ...................

86.93

Net budget authority and outlays:
89.00 Budget authority ............................................................
1
90.00 Outlays ........................................................................... ...................

1 ...................
1
1

Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in
millions of dollars)
Identification code 86–0233–0–1–371

2007 actual

Guaranteed loan levels supportable by subsidy budget
authority:
215001 Native Hawaiian Housing Loan Guarantees ..................

2.35

2.42

2.52

232999 Weighted average subsidy rate .....................................
Guaranteed loan subsidy budget authority:
233001 Native Hawaiian Housing Loan Guarantees ..................

2.35

2.42

2.52

233999 Total subsidy budget authority ......................................
Guaranteed loan subsidy outlays:
234001 Native Hawaiian Housing Loan Guarantees ..................

As required by the Federal Credit Reform Act of 1990,
this account records, for this program, the subsidy costs associated with the loan guarantees committed in 2001 and beyond (including modifications of guarantees that resulted from
obligations in any year). The subsidy amounts are estimated
on a net present value basis. The administrative expenses
are shown on a cash basis.
This program provides access to sources of private financing
to eligible Native Hawaiian families who reside on the Hawaiian Home Lands and who otherwise could not acquire private
financing because of the unique legal status of the Hawaiian
Home Lands. The Budget proposes no funds for this program
in 2009 because the unobligated balance of credit subsidy
and the uncommitted loan limitation brought forward will
be sufficient to support 2009 loan volume.
16:49 Jan 24, 2008

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10.00

Total new obligations ................................................ ................... ...................

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year ................... ...................
New financing authority (gross) .................................... ...................
1

1
1

23.90
23.95

Total budgetary resources available for obligation ...................
1
Total new obligations .................................................... ................... ...................

2
¥1

24.40

Unobligated balance carried forward, end of year ...................

New financing authority (gross), detail:
Mandatory:
69.00
Spending authority from offsetting collections: Offsetting collections (cash) ..................................... ...................

73.10

Change in obligated balances:
Total new obligations .................................................... ................... ...................

74.40

Obligated balance, end of year ................................ ................... ...................

Offsets:
Against gross financing authority and financing disbursements:
88.00
Offsetting collections (cash) from: Federal sources:
Payments from program account ......................... ...................

¥1

Status of Guaranteed Loans (in millions of dollars)
41

VerDate Aug 31 2005

2009 est.

234999 Total subsidy outlays .....................................................

2008 est.

89.00
90.00

215999 Total loan guarantee levels ...........................................
Guaranteed loan subsidy (in percent):
232001 Native Hawaiian Housing Loan Guarantees ..................

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2008 est.

2007 actual

Obligations by program activity:
00.02 Direct Program Activity .................................................. ................... ...................

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Identification code 86–4351–0–3–371

2007 actual

36
191
¥184

2008 est.

2009 est.

41 ...................
184
184
¥184
¥143

2150
2199

Total guaranteed loan commitments ........................
Guaranteed amount of guaranteed loan commitments

43
43

41
41

2210
2231
2251

2
43
¥2

43
41
¥4

80
41
¥4

2290

Outstanding, end of year ..........................................

117

2299

Memorandum:
Guaranteed amount of guaranteed loans outstanding,
end of year ................................................................

117

As required by the Federal Credit Reform Act of 1990,
this non-budgetary account records all cash flows to and from
the government resulting from the loan guarantees committed
in 2001 and beyond (including modifications of loan guarantees that resulted from obligations in any year). The amounts
in this account are a means of financing and are not included
in the budget totals. As required by the Federal Credit Reform Act of 1990, no administrative expenses can be recorded
in the financing account.
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HUD

COMMUNITY PLANNING AND DEVELOPMENT
Federal Funds

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
TITLE VI INDIAN FEDERAL GUARANTEES FINANCING ACCOUNT

Credit Reform Act of 1990, no administrative expenses can
be recorded in the financing account.

Program and Financing (in millions of dollars)
Identification code 86–4244–0–3–604

00.01
08.02
08.04

2007 actual

2008 est.

Balance Sheet (in millions of dollars)

2009 est.

Obligations by program activity:
Default Claims ............................................................... ...................
2
2
Downward Reestimate ...................................................
6
3 ...................
Interest on Downward Reestimate .................................
1 ................... ...................

08.91

Direct Program by Activities—Subtotal (1 level)

3 ...................

10.00

Total new obligations ................................................

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New financing authority (gross) ....................................

18
3

14
2

11
2

23.90
23.95

Total budgetary resources available for obligation
Total new obligations ....................................................

21
¥7

16
¥5

13
¥2

24.40

Unobligated balance carried forward, end of year

New financing authority (gross), detail:
Mandatory:
69.00
Spending authority from offsetting collections: Offsetting collections (cash) .....................................

72.40
73.10
73.20

74.40

Obligated balance, end of year ................................

87.00

Outlays (gross), detail:
Total financing disbursements (gross) .....................

Offsets:
Against gross financing authority and financing disbursements:
88.00
Offsetting collections (cash) from: Federal sources

89.00
90.00

Identification code 86–4244–0–3–604

2006 actual

1999

Total assets ..................................................................................
LIABILITIES:
2204 Non-Federal liabilities: Liabilities for loan guarantees ............

2999

Total liabilities .............................................................................

4999

Total liabilities and net position ...............................................

COMMUNITY PLANNING AND DEVELOPMENT
Federal Funds
FOR

PERSONS WITH AIDS

(INCLUDING TRANSFER OF FUNDS)

¥1
¥1
4
7
5
2
¥7 ................... ...................
¥1

7 ................... ...................

¥3

¥2

For carrying out the Housing Opportunities for Persons with AIDS
program, as authorized by the AIDS Housing Opportunity Act (42
U.S.C. 12901 et seq.), $300,100,000, to remain available until September 30, ø2009¿ 2010, except that amounts allocated pursuant
to section 854(c)(3) of such Act shall remain available until September
30, ø2010¿ 2011: Provided, That the Secretary shall renew all expiring contracts for permanent supportive housing that were funded
under section 854(c)(3) of such Act that meet all program requirements before awarding funds for new contracts and activities authorized under this section: Provided further, That the Secretary may
use not to exceed $1,485,000 of the funds under this heading for
training, oversight, and technical assistance activitiesø; and not to
exceed $1,485,000 may¿ : Provided further, That of the total amount
made available under this heading, at least $1,750,000 shall, and
up to $2,187,500 may, be transferred to the Working Capital Fund.
(Department of Housing and Urban Development Appropriations Act,
2008.)
Program and Financing (in millions of dollars)
Identification code 86–0308–0–1–604

Status of Guaranteed Loans (in millions of dollars)
2007 actual

Position with respect to appropriations act limitation
on commitments:
2111 Limitation on guaranteed loans made by private lenders ..............................................................................
2121 Limitation available from carry-forward .......................
2142 Uncommitted loan guarantee limitation .......................
2143 Uncommitted limitation carried forward .......................
2150
2199

2210
2231
2251
2263

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2290

Total guaranteed loan commitments ........................
Guaranteed amount of guaranteed loan commitments

Memorandum:
2299 Guaranteed amount of guaranteed loans outstanding,
end of year ................................................................

2008 est.

12
12

17
17

89
15
¥5

97
15
¥5

¥2

105

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2007 actual

2008 est.

2009 est.

Obligations by program activity:
00.01 Housing for Persons with HIV/AIDS ...............................

261

299

298

10.00

Total new obligations (object class 41.0) ................

261

299

298

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................

90
286

115
298

114
298

23.90
23.95

Total budgetary resources available for obligation
Total new obligations ....................................................

376
¥261

413
¥299

412
¥298

24.40

Unobligated balance carried forward, end of year

115

114

2009 est.

18
12
17
35
40
35
¥1 ................... ...................
¥40
¥35
¥35

Cumulative balance of guaranteed loans outstanding:
Outstanding, start of year .............................................
83
Disbursements of new guaranteed loans ......................
11
Repayments and prepayments ......................................
¥5
Adjustments: Terminations for default that result in
claim payments ......................................................... ...................
Outstanding, end of year ..........................................

2007 actual

ASSETS:
1101 Federal assets: Fund balances with Treasury ..........................

HOUSING OPPORTUNITIES

Identification code 86–4244–0–3–604

551

Fmt 3616

286
300
300
¥28
¥2
¥2
28 ................... ...................

43.00

Appropriation (total discretionary) ........................

286

298

72.40
73.10
73.20

455
261
¥278

438
299
¥303

434
298
¥289

74.40

Obligated balance, end of year ................................

438

434

443

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority .....................
Outlays from discretionary balances .............................

2
276

6
297

6
283

87.00

Total outlays (gross) .................................................

278

303

289

89.00

Net budget authority and outlays:
Budget authority ............................................................

286

298

Sfmt 3643

E:\BUDGET\HUD.XXX

HUD

552

COMMUNITY PLANNING AND DEVELOPMENT—Continued
Federal Funds—Continued

HOUSING OPPORTUNITIES

FOR

THE BUDGET FOR FISCAL YEAR 2009

PERSONS WITH AIDS—Continued

(INCLUDING TRANSFER OF FUNDS)—Continued

Program and Financing (in millions of dollars)—Continued
Identification code 86–0308–0–1–604

90.00

2007 actual

Outlays ...........................................................................

278

2008 est.

303

2009 est.

289

The Housing Opportunities for Persons With AIDS
(HOPWA) program provides States and localities with resources and incentives to devise long-term comprehensive
strategies for meeting the housing needs of persons with HIV/
AIDS and their families. HOPWA funds provide stable housing arrangements, help reduce risks of homelessness and improve access to care for program participants. HOPWA funding is used in an efficient manner, resulting in the program’s
achievement of performance goals at a very modest cost per
person assisted. The $300 million requested for 2009 will
support approximately 70,500 housing units for persons with
HIV/AIDS and their families.
States and metropolitan areas receive 90 percent of funds
by formula based on the number of cases of AIDS. The final
10 percent is awarded competitively to States, local governments, and private nonprofit entities, including faith-based
organizations, for projects of national significance with priority for renewal of the projects providing permanent supportive housing. Awards are also made to States and local
governments for projects in jurisdictions that do not qualify
for a formula allocation. In addition, approximately $1.5 million is available for technical assistance to grantees and
project sponsors to strengthen management of programs and
ensure responsiveness in meeting client needs. Another $1.75
million is transferred to the Working Capital Fund to support
information technology systems needed to operate the program.
It is proposed that the data sources used to calculate annual HOPWA formula allocations for eligible States and cities
be updated to permit HUD to implement adjustments to the
HOPWA formula through regulation by using current data
on the number of persons living with AIDS and to allow
for a housing cost factor that reflects differences in area housing needs. Whereas the current formula distributes formula
grant resources by the cumulative number of AIDS cases,
the revised formula will account for the present number of
people living with AIDS, as well as differences in housing
costs in the qualifying areas.
f

COMMUNITY DEVELOPMENT FUND
(INCLUDING TRANSFER OF FUNDS)

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(CANCELLATION)
For assistance to units of State and local government, and to other
entities, for economic and community development activities, and for
other purposes, ø$3,865,800,000¿ $3,000,000,000, to remain available
until September 30, ø2010¿ 2011, unless otherwise specified: Provided, That of the total amount provided, ø$3,593,430,000¿ up to
$2,934,405,000 is for carrying out the community development block
grant program under title I of the Housing and Community Development Act of 1974, as amended (the ‘‘Act’’ herein) (42 U.S.C. 5301
et seq.): Provided further, That unless explicitly provided for under
this heading ø(except for planning grants provided in the second
paragraph and amounts made available under the third paragraph)¿,
not to exceed 20 percent of any grant made with funds appropriated
under this heading shall be expended for planning and management
development and administration: Provided further, That ønot to exceed $1,570,000 may be¿ of the total amount made available under
this heading, at least $3,175,000 shall, and up to $3,968,750 may,
be transferred to the Working Capital Fund: Provided further, That
ø$3,000,000¿ $5,000,000 is for technical assistance as authorized by
section 107(b)(4) of such Act: Provided further, That ø$62,000,000¿
$57,420,000 shall be for grants to Indian tribes notwithstanding secVerDate Aug 31 2005

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tion 106(a)(1) of such Act, of which, notwithstanding any other provision of law (including section 305 of this Act), up to $3,960,000
may be used for emergencies that constitute imminent threats to
health and safety.
Of the unobligated balances remaining from funds appropriated
in fiscal year 2008 under the heading ‘‘Community Development
Fund,’’ for grants for the Economic Development Initiative,
$179,830,000 is cancelled.
Of the unobligated balances remaining from funds appropriated
in fiscal year 2008 under the heading ‘‘Community Development
Fund,’’ for grants for neighborhood initiatives, $25,970,000 is cancelled.
øOf the amount made available under this heading, $179,830,000
shall be available for grants for the Economic Development Initiative
(EDI) to finance a variety of targeted economic investments in accordance with the terms and conditions specified in the explanatory statement accompanying this Act: Provided, That the amount made available for each grant shall be at the level of 98 percent of the corresponding amount cited in said explanatory statement: Provided further, That none of the funds provided under this paragraph may
be used for program operations: Provided further, That, for fiscal
years 2006, 2007, and 2008, no unobligated funds for EDI grants
may be used for any purpose except acquisition, planning, design,
purchase of equipment, revitalization, redevelopment or construction.Of the amount made available under this heading, $25,970,000
shall be available for neighborhood initiatives that are utilized to
improve the conditions of distressed and blighted areas and neighborhoods, to stimulate investment, economic diversification, and community revitalization in areas with population outmigration or a stagnating or declining economic base, or to determine whether housing
benefits can be integrated more effectively with welfare reform initiatives: Provided, That amounts made available under this paragraph
shall be provided in accordance with the terms and conditions specified in the explanatory statement accompanying this Act: Provided
further, That the amount made available for each initiative shall
be at the level of 98 percent of the corresponding amount cited in
said explanatory statement.The statement of managers correction referenced in the second paragraph under this heading in title III of
division A of Public Law 109–115 is deemed to be amended with
respect to item number 846 by striking ‘‘Mahonoy City, Pennsylvania
for improvements to West Market Street’’ and inserting ‘‘Mahanoy
City, Pennsylvania for improvements to Centre Street’’.The statement
of managers correction referenced in the second paragraph under
this heading in title III of division A of Public Law 109–115 is
deemed to be amended with respect to item number 250 by striking
‘‘for renovation and construction of a resource center’’ and inserting
‘‘for construction of a homeless shelter’’.The statement of managers
correction referenced in the second paragraph under this heading
in title III of division A of Public Law 109–115 is deemed to be
amended with respect to item number 713 by striking ‘‘for construction of a senior center’’ and inserting ‘‘renovation and expansion of
facilities’’.The statement of managers correction referenced in the second paragraph under this heading in title III of division A of Public
Law 109–115 is deemed to be amended with respect to item number
844 by striking ‘‘Liverpool Township’’ and inserting ‘‘Liverpool Borough’’.The referenced statement of managers under this heading in
title II of division I of Public Law 108–447 is deemed to be amended
with respect to item number 36 by striking ‘‘respite care facility’’
and inserting ‘‘rehabilitative care facility for the developmentally disabled’’.The referenced statement of managers under this heading in
title II of division I of Public Law 108–7 is deemed to be amended
with respect to item number 608 by striking ‘‘construct’’ and inserting
‘‘purchase and make improvements to facilities for’’.The referenced
statement of managers under this heading in title II of division
I of Public Law 108–447 is deemed to be amended with respect
to item number 521 by striking ‘‘Missouri’’ and inserting ‘‘Metropolitan Statistical Area’’. The referenced statement of managers under
the heading ‘‘Community Development Fund’’ in title II of Public
Law 108–447 is deemed to be amended with respect to item number
203 by striking ‘‘equipment’’ and inserting ‘‘renovation and construction’’.The referenced statement of managers under the heading ‘‘Community Development Fund’’ in title III of division A of Public Law
109–115 is deemed to be amended with respect to item number 696
by striking ‘‘a Small Business Development Center’’ and inserting
‘‘for revitalization costs at the College of Agriculture Biotechnology
and Natural Resources’’.The referenced statement of managers under
the heading ‘‘Community Development Fund’’ in title III of division
A of Public Law 109–115 is deemed to be amended with respect
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E:\BUDGET\HUD.XXX

HUD

COMMUNITY PLANNING AND DEVELOPMENT—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
to item number 460 by striking ‘‘Maine-Mawoshen One Country, Two
Worlds Project’’ and inserting ‘‘Sharing Maine’s Maritime Heritage
Project—Construction and access to exhibits’’.The referenced statement of managers under the heading ‘‘Community Development
Fund’’ in title III of division A of Public Law 109–115 is deemed
to be amended with respect to item number 914 by striking ‘‘the
Pastime Theatre in Bristol, Rhode Island for building improvements’’
and inserting ‘‘the Institute for the Study and Practice of Nonviolence
in Providence, Rhode Island for building renovations’’.The referenced
statement of managers under the heading ‘‘Community Development
Fund’’ in title III of division A of Public Law 109–115 is deemed
to be amended with respect to item number 918 by striking ‘‘South
Kingstown’’ and inserting ‘‘Washington County’’.The referenced statement of managers under the heading ‘‘Community Development
Fund’’ in title III of division A of Public Law 109–115 is deemed
to be amended with respect to item number 624 by striking ‘‘for
the construction of a new technology building’’ and inserting ‘‘for
renovations to the Wheeler Community Center’’.The referenced statement of the managers under this heading in Public Law 109–115
is deemed to be amended with respect to item number 1065 by
inserting ‘‘South’’ prior to ‘‘Burlington’’.The referenced statement of
managers under the heading ‘‘Community Development Fund’’ in title
III of division A of Public Law 109–115 is deemed to be amended
with respect to item number 102 by striking ‘‘for preservation of
the CA Mining and Mineral Museum’’ and inserting ‘‘for planning,
design, and construction of the CA Mining and Mineral Museum’’
in its place.¿ (Department of Housing and Urban Development Appropriations Act, 2008.)
ø‘‘Sec. 159.(a) Notwithstanding any other provision of this joint
resolution, and in addition to amounts otherwise made available by
this joint resolution, there is appropriated $3,000,000,000 for ‘Department of Housing and Urban Development—Community Planning and
Development—Community Development Fund’, to remain available
until expended, to enable the Secretary of Housing and Urban Development to make a grant or grants to the State of Louisiana solely
for the purpose of covering costs associated with otherwise uncompensated but eligible claims that were filed on or before July 31, 2007,
under the Road Home program administered by the State in accordance with plans approved by the Secretary.
‘‘(b) In allocating funds under this section, the Secretary of Housing
and Urban Development shall ensure that such funds serve only
to supplement and not supplant any other State or Federal resources
committed to the Road Home program. No funds shall be drawn
from the Treasury under this section beyond those necessary to fulfill
the exclusive purpose of this section.
‘‘(c) The amount provided by this section is designated as an emergency requirement and necessary to meet emergency needs pursuant
to subsections (a) and (b) of section 204 of S. Con. Res. 21 (110th
Congress), the concurrent resolution on the budget for fiscal year
2008.’’.¿ (P.L. 110–116.)
Program and Financing (in millions of dollars)

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Identification code 86–0162–0–1–451

2007 actual

2008 est.

2009 est.

Obligations by program activity:
00.01 Community Development Formula Grants .....................
00.03 Indian Tribes ..................................................................
00.04 Special Purpose Grants .................................................
00.05 Youthbuild ......................................................................
00.07 Economic Development Initiative Grants .......................
00.08 Neighborhood Initiative Demonstration .........................
00.10 Disaster Assistance .......................................................

3,559
62
4
49
274
37
5,256

4,211
59
3
1
72
11
3,001

2,934
57
5
...................
...................
...................
...................

10.00

Total new obligations (object class 41.0) ................

9,241

7,358

2,996

21.40
22.00
22.10

6,236
3,770

762
6,864

268
2,791

23.90
23.95
23.98

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance expiring or withdrawn .................

24.40

Unobligated balance carried forward, end of year

553

41.00

Transferred to other accounts ...................................

¥2

¥3

43.00

Appropriation (total discretionary) ........................

3,770

6,864

2,791

72.40
73.10
73.20
73.40
73.45

74.40

Obligated balance, end of year ................................

19,768

15,668

10,541

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority .....................
Outlays from discretionary balances .............................

35
10,832

2,177
9,281

56
8,067

87.00

Total outlays (gross) .................................................

10,867

11,458

8,123

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

3,770
10,867

6,864
11,458

2,791
8,123

21,413
19,768
15,668
9,241
7,358
2,996
¥10,867
¥11,458
¥8,123
¥18 ................... ...................
¥1 ................... ...................

The Community Development Block Grant (CDBG) program
provides flexible annual formula grants to State and local
governments to benefit mainly low- to moderate-income persons. The funding is used for a wide-range of community
and economic development activities, such as housing rehabilitation and construction, job creation and retention, public
services, and public infrastructure improvements. Seventy
percent of the CDBG formula grants are distributed to mainly
urban areas (entitlement communities), and thirty percent
to the States (non-entitlement communities).
The Budget re-proposes the CDBG Reform Act, which
adopts an improved formula to better target funds to communities with the greatest economic need and holds communities
accountable for results. The current formula has not been
updated in over 30 years and as a result, many lower-income
communities receive less assistance than wealthier communities. In addition to the improved formula, the proposal
would be designed with a Challenge Grant Fund component,
which provides incentives to communities to invest in projects
more strategically. Legislation to authorize these reforms will
be transmitted in early 2008. The Budget also proposes $5
million in technical assistance funding to assist grantees in
the program and at least $3 million for the Working Capital
Fund.
As part of the reforms, HUD programs such as Brownfields
Economic Development Initiative, Community Development
Loan Guarantee Program (Section 108), and Rural Housing
and Economic Development are proposed for termination.
These programs are duplicative — their activities are eligible
to be funded by CDBG and other Federal programs.
The Indian Community Development Block Grant program
will continue to be funded in this account at $57 million.
This program provides eligible grantees with direct grants
for use in developing viable Indian and Alaska Native Communities, including decent housing, a suitable living environment, and economic opportunities, primarily for low and moderate income persons.
f

EMPOWERMENT ZONES/ENTERPRISE COMMUNITIES/RENEWAL
COMMUNITIES

1 ................... ...................
10,007
7,626
3,059
¥9,241
¥7,358
¥2,996
¥4 ................... ...................

Program and Financing (in millions of dollars)
Identification code 86–0315–0–1–451

2007 actual

2008 est.

2009 est.

268

24.40

Budgetary resources available for obligation:
Unobligated balance carried forward, end of year ................... ................... ...................

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................
3,772
6,866
40.36
Unobligated balance permanently reduced .............. ................... ...................

3,000
¥206

72.40
73.20

Change in obligated balances:
Obligated balance, start of year ...................................
Total outlays (gross) ......................................................

VerDate Aug 31 2005

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HUD

94
¥25

69
¥27

42
¥18

554

COMMUNITY PLANNING AND DEVELOPMENT—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2009

EMPOWERMENT ZONES/ENTERPRISE COMMUNITIES/RENEWAL
COMMUNITIES—Continued

74.40

Obligated balance, end of year ................................

102

Program and Financing (in millions of dollars)—Continued

86.93

Outlays (gross), detail:
Outlays from discretionary balances .............................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

6
11

10 ...................
26
27

Identification code 86–0315–0–1–451

2007 actual

2008 est.

2009 est.

74.40

Obligated balance, end of year ................................

86.93

Outlays (gross), detail:
Outlays from discretionary balances .............................

89.00
90.00

No funding is requested for Empowerment Zones/Enterprise
Communities/Renewal Communities (EZ/EC/RC).
The EZ/EC/RC initiative helps revitalize distressed neighborhoods by attracting business development and providing
employment opportunities to residents of high poverty urban
areas. The initiative complements the President’s goals of
strengthening communities and focusing federal resources on
areas of greatest need, primarily through the expansion of
businesses. This effort will continue to be done through tax
incentives rather than grants.
An amendment to the Internal Revenue Code enacted in
2001 approved major tax incentives to revitalize areas of pervasive poverty, unemployment, and general distress, and
HUD designated 40 urban and rural RCs and a third round
of 8 urban EZs under the 2001 law. The designations under
that law continue into FY 2010. The 2001 law also allows
the 22 urban EZs from the earlier rounds to receive the
same package of tax incentives for the same time period.
f

øBROWNFIELDS REDEVELOPMENT¿
øFor competitive economic development grants, as authorized by
section 108(q) of the Housing and Community Development Act of
1974, as amended, for Brownfields redevelopment projects,
$10,000,000, to remain available until September 30, 2009: Provided,
That no funds made available under this heading may be used to
establish loan loss reserves for the section 108 Community Development Loan Guarantee program¿. (Department of Housing and Urban
Development Appropriations Act, 2008.)
Program and Financing (in millions of dollars)

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Identification code 86–0314–0–1–451

2007 actual

2008 est.

2009 est.

Obligations by program activity:
00.01 Cleanup and develop contaminated sites .....................

10.00

Total new obligations (object class 41.0) ................

21.40
22.00
22.10

12
6

Total budgetary resources available for obligation
Total new obligations ....................................................

38
¥5

24.40

Unobligated balance carried forward, end of year

43.00

Appropriation (total discretionary) ........................

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Jkt 214754

HOME INVESTMENT PARTNERSHIPS PROGRAM
(INCLUDING TRANSFER OF FUNDS)

For the HOME investment partnerships program, as authorized
under title II of the Cranston-Gonzalez National Affordable Housing
Act, as amended, ø$1,704,000,000¿ $1,916,640,000, to remain available until September 30, ø2010¿ 2011, of which ønot to exceed
$3,465,000 may¿ at least $4,200,000 shall, and up to $5,250,000 may,
be transferred to the Working Capital Fund: Provided, That up to
ø$12,500,000¿ $9,900,000 shall be available for technical assistance:
øProvided further, That of the total amount provided in this paragraph, up to $50,000,000 shall be available for housing counseling
under section 106 of the Housing and Urban Development Act of
1968:¿ Provided further, That, øfrom¿ amounts øappropriated or otherwise¿ made available under this headingø, $10,000,000 may be
made available to promote broader participation in homeownership
through the American Dream Downpayment Initiative, as such initiative is set forth¿ in prior appropriations Acts for Community Housing
Development Organizations technical assistance, and that still remain
available, may be used for HOME technical assistance notwithstanding the purposes for which such amounts were appropriated:
Provided further, That in addition to amounts otherwise made available under this heading, $50,000,000, to remain available until September 30, 2011, shall for assistance to homebuyers as authorized
under section 271 of the Cranston-Gonzalez National Affordable
Housing Act (42 U.S.C. 12821). (Department of Housing and Urban
Development Appropriations Act, 2008.)
Program and Financing (in millions of dollars)

20 ................... ...................

23.90
23.95

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................
40.36
Unobligated balance permanently reduced ..............

33
10
10 ...................

The 2009 Budget requests no funding for the Brownfields
Economic Development Initiative (BEDI) program and it is
proposed to be terminated as a part of the broader CDBG
program reforms. BEDI activities can be funded with Community Development Block Grant (CDBG) funds.
BEDI is a competitive grant program designed to stimulate
and promote economic and community development, and is
used in conjunction with the Community Development Loan
Guarantee program. Brownfields are abandoned, idled, and
underused industrial and commercial facilities and land
where expansion and redevelopment is burdened by real or
potential environmental contamination.
Grants were made in accordance with selection criteria
deemed appropriate for brownfields projects, including an applicant’s capacity to operate a brownfields program and the
extent it works with environmental regulatory agencies, as
well as the projected future economic benefits to the community.

43
¥33

10
¥10

10 ...................

10
10 ...................
¥4 ................... ...................
6

10 ...................

121
95
102
5
33
10
¥11
¥26
¥27
¥20 ................... ...................
PO 00000

Frm 00016

Fmt 3616

Identification code 86–0205–0–1–604

00.01
00.02

2007 actual

Obligations by program activity:
HOME formula grants ....................................................
1,711
Housing Counseling grants ........................................... ...................

10.00

Total new obligations (object class 41.0) ................

21.40
22.00
22.10

2008 est.

2009 est.

1,700
2,000
50 ...................

1,711

1,750

2,000

269
1,756

319
1,701

270
1,963

5 ................... ...................

23.90
23.95

Total budgetary resources available for obligation
Total new obligations ....................................................

2,030
¥1,711

2,020
¥1,750

2,233
¥2,000

24.40

Unobligated balance carried forward, end of year

319

270

233

Sfmt 3643

E:\BUDGET\HUD.XXX

HUD

COMMUNITY PLANNING AND DEVELOPMENT—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................
41.00
Transferred to other accounts ...................................

1,757
¥1

1,704
¥3

1,967
¥4

43.00

Appropriation (total discretionary) ........................

1,756

1,701

1,963

72.40
73.10
73.20
73.40
73.45

74.40

Obligated balance, end of year ................................

5,380

5,112

5,090

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority .....................
Outlays from discretionary balances .............................

13
1,863

34
1,984

39
1,983

87.00

Total outlays (gross) .................................................

1,876

2,018

2,022

1,756
1,876

1,701
2,018

1,963
2,022

5,551
5,380
5,112
1,711
1,750
2,000
¥1,876
¥2,018
¥2,022
¥1 ................... ...................
¥5 ................... ...................

The HOME Investment Partnerships Program is authorized
by the National Affordable Housing Act (P.L. 101–625), as
amended. This program provides flexible annual formula
grant assistance to States and units of local government to
increase homeownership and expand the supply of affordable
housing for low- to very-low income persons. Sixty percent
of the formula grant funds is awarded to participating local
governments and 40 percent is awarded to states. Eligible
activities include acquisition, rehabilitation, new construction
of affordable housing, and tenant-based rental assistance.
Program evaluations, including the Program Assessment
and Rating Tool (PART), have found that the program has
a clear purpose, strong management, and can demonstrate
results. In its PART assessment, the HOME program received
a ‘‘Moderately Effective’’ rating based on the program’s potentially significant impact on affordable housing problems, the
progress towards its annual performance goals, and its ability
to demonstrate improved efficiency over time. The funding
provided in the 2009 Budget will result over time in the
production of 85,350 units of affordable housing through new
construction, rehabilitation, and/or acquisition. Tenant-based
rental assistance will be provided for 17,760 units.
In addition, the $50 million requested for the American
Dream Downpayment Initiative (ADDI) will help expand
homeownership opportunities to approximately 6,500 low-income first-time homebuyers and continue to support expansion of minority homeownership.

00.01
00.02
00.04

Self Help Housing Opportunity Program ........................
Capacity Building ..........................................................
Housing Assistance Council ..........................................

10.00

Total new obligations (object class 41.0) ................

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................

50
49

48
60

59
40

23.90
23.95

Total budgetary resources available for obligation
Total new obligations ....................................................

99
¥51

108
¥49

99
¥59

24.40

Unobligated balance carried forward, end of year

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................

72.40
73.10
73.20

7
51
¥13

45
49
¥41

53
59
¥50

74.40

Obligated balance, end of year ................................

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority .....................
Outlays from discretionary balances .............................

87.00

Total outlays (gross) .................................................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

49
13

60
41

40
50

cprice-sewell on PROD1PC71 with BUDGET PAG

AND

For the Self-Help and Assisted Homeownership Opportunity Program, as authorized under section 11 of the Housing Opportunity
Program Extension Act of 1996, as amended, ø$60,000,000¿
$40,000,000, to remain available until September 30, ø2010: Provided,
That of the total amount provided under this heading, $26,500,000
shall be made available to the Self-Help and Assisted Homeownership
Opportunity Program as authorized under section 11 of the Housing
Opportunity Program Extension Act of 1996, as amended: Provided
further, That $33,500,000 shall be made available for the first four
capacity building activities authorized under section 4(a) of the HUD
Demonstration Act of 1993 (42 U.S.C. 9816 note), of which up to
$5,000,000 may be made available for rural capacity building activities¿ 2011, of which up to $990,000 is for technical assistance. (Department of Housing and Urban Development Appropriations Act,
2008.)
Program and Financing (in millions of dollars)
2007 actual

2008 est.

2009 est.

Frm 00017

Fmt 3616

Obligations by program activity:
VerDate Aug 31 2005

16:49 Jan 24, 2008

Jkt 214754

1 ................... ...................
12
41
50

ASSISTED HOMEOWNERSHIP OPPORTUNITY PROGRAM

Identification code 86–0176–0–1–604

20
19
33
30
30
26
1 ................... ...................

The Budget requests $40 million for grants to eligible national and regional non-profits and consortia for land acquisition for home sites and improvement of utilities and other
site infrastructure, of which, $990,000 will be used for technical assistance.
Self-Help Homeownership Opportunity Program (SHOP)
funds assist low-income homebuyers willing to contribute
‘‘sweat equity’’ toward the construction of their houses. The
funds increase the ability of non-profit organizations to leverage funds from other sources and will produce at least 2,000
new homeownership units for very low to low-income people.
As a result, SHOP directly contributes to the Presidential
priority of promoting homeownership, especially the ten-year
goal to have 5.5 million new minority homeowners. Minorities
comprise about 78 percent of the program participants. The
program’s track record has shown that it can leverage at
least $7 in resources from other sources for each federal dollar. The 2006 Program Assessment Rating Tool (PART) found
SHOP to be ‘‘Effective.’’

SELF-HELP

555

PO 00000

HOMELESS ASSISTANCE GRANTS
(INCLUDING TRANSFER OF FUNDS)

For the emergency shelter grants program as authorized under
subtitle B of title IV of the McKinney-Vento Homeless Assistance
Act, as amended; the supportive housing program as authorized
under subtitle C of title IV of such Act; the section 8 moderate
rehabilitation single room occupancy program as authorized under
the United States Housing Act of 1937, as amended, to assist homeless individuals pursuant to section 441 of the McKinney-Vento
Homeless Assistance Act; and the shelter plus care program as authorized under subtitle F of title IV of such Act, ø$1,585,990,000¿
$1,636,000,000, of which ø$1,580,990,000¿ $1,631,000,000 shall remain available until September 30, ø2010¿ 2011, and of which
$5,000,000 shall remain available until expended for rehabilitation
projects with ten-year grant terms: Provided, That øof the amounts
provided, $25,000,000 shall be set aside to conduct a demonstration
program for the rapid re-housing of homeless families: Provided further, That of amounts made available in the preceding proviso, not
to exceed $1,250,000 may be used to conduct an evaluation of this
demonstration program: Provided further, That funding made availSfmt 3616

E:\BUDGET\HUD.XXX

HUD

556

COMMUNITY PLANNING AND DEVELOPMENT—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2009

HOMELESS ASSISTANCE GRANTS—Continued

74.40

Obligated balance, end of year ................................

2,360

2,707

2,897

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority .....................
Outlays from discretionary balances .............................

5
1,381

16
1,390

16
1,424

87.00

Total outlays (gross) .................................................

1,386

1,406

1,440

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

1,434
1,386

1,584
1,406

1,633
1,440

(INCLUDING TRANSFER OF FUNDS)—Continued

able for this demonstration program shall be used by the Secretary,
expressly for the purposes of providing housing and services to homeless families in order to evaluate the effectiveness of the rapid rehousing approach in addressing the needs of homeless families¿ up
to $50,000,000 of the funds appropriated under this heading may
be used for a Samaritan Housing Initiative that will specifically address the supportive housing needs of chronically homeless individuals: Provided further, That not less than 30 percent of funds made
available, excluding amounts provided for renewals under the shelter
plus care program, shall be used for permanent housing for individuals and families: Provided further, That all funds awarded for services shall be matched by not less than 25 percent in funding by
each grantee: Provided further, That the Secretary shall renew on
an annual basis expiring contracts or amendments to contracts funded under the shelter plus care program if the program is determined
to be needed under the applicable continuum of care and meets appropriate program requirements and financial standards, as determined
by the Secretary: Provided further, That all awards of assistance
under this heading shall be required to coordinate and integrate
homeless programs with other mainstream health, social services,
and employment programs for which homeless populations may be
eligible, including Medicaid, State Children’s Health Insurance Program, Temporary Assistance for Needy Families, Food Stamps, and
services funding through the Mental Health and Substance Abuse
Block Grant, Workforce Investment Act, and the Welfare-to-Work
grant program: Provided further, That up to $8,000,000 of the funds
appropriated under this heading shall be available for the national
homeless data analysis project and technical assistance: Provided further, That ønot to exceed $2,475,000 of the funds appropriated¿ of
the total amount made available under this heading, at least
$2,675,000 shall, and up to $3,343,750 may, be transferred to the
Working Capital Fund: Provided further, That $3,000,000 of the funds
appropriated under this heading shall be used to conduct an evaluation of demonstration programs: Provided further, That all balances
for Shelter Plus Care renewals previously funded from the Shelter
Plus Care Renewal account and transferred to this account shall
be available, if recaptured, for Shelter Plus Care renewals in fiscal
year ø2008¿ 2009. (Department of Housing and Urban Development
Appropriations Act, 2008.)
Program and Financing (in millions of dollars)

cprice-sewell on PROD1PC71 with BUDGET PAG

Identification code 86–0192–0–1–604

2007 actual

2008 est.

2009 est.

Obligations by program activity:
00.01 Homeless Assistance Grants .........................................
00.02 National Homeless Data Analysis Project .....................
00.03 Technical Assistance .....................................................
00.04 Shelter Plus Care Renewals ..........................................
00.05 Section 8 Moderate Rehabilitation SRO ........................

1,315
2
8
1
39

1,729
4
10
2
58

1,680
...................
...................
...................
...................

10.00

Total new obligations (object class 41.0) ................

1,365

1,803

1,680

21.40
22.00
22.10

1,546
1,434

1,662
1,584

1,493
1,633

23.90
23.95
23.98

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance expiring or withdrawn .................

24.40

Unobligated balance carried forward, end of year

3,030
3,296
3,176
¥1,365
¥1,803
¥1,680
¥3 ................... ...................
1,662

1,493

1,496

1,442
1,586
1,636
¥7 ................... ...................
¥1
¥2
¥3

43.00

Appropriation (total discretionary) ........................

1,434

72.40
73.10
73.20
73.40
73.45

VerDate Aug 31 2005

16:49 Jan 24, 2008

Jkt 214754

The Homeless Assistance Grants account provides funds
for the Shelter Plus Care, Supportive Housing, Emergency
Shelter Grants, and Section 8 Moderate Rehabilitation Single
Room Occupancy programs. These programs, which award
funds through the Continuum of Care process, enable localities to shape and implement comprehensive, flexible, coordinated approaches to address the multiple issues of homelessness. Many communities have made great strides in creating
comprehensive approaches to ending chronic homelessness
through the development of State Interagency Councils and
local plans.
The Budget requests $1.636 billion for a wide range of
activities to assist homeless persons and prevent future homelessness. Increased funding will continue to support the Administration’s goal of ending chronic homelessness by creating
new permanent supportive housing for this population. In
addition, the Budget places a major emphasis on permanent
housing by requiring 30 percent of funds to be used for this
purpose. In fiscal year 2006, 57 percent of competitive funds
awarded were used for housing purposes and it is estimated
that the Budget will support approximately 160,000 emergency, transitional and permanent beds for homeless families
and individuals.
The Administration will again propose legislation to combine HUD’s three competitive grant programs—Shelter Plus
Care, Supportive Housing, and Section 8 Moderate Rehabilitation Single Room Occupancy—into a single program with
flexibility to better meet community needs. The new consolidated program will incorporate up to $50 million for the Samaritan Housing Initiative that will specifically address the
supportive housing needs of chronically homeless individuals.
The Department continues to pursue expanded interagency
efforts to meet the needs of the homeless and to accomplish
the Administration’s goal of ending chronic homelessness.
Funding is also requested for program evaluation and technical assistance to provide, among other services, needed assistance to grantees to resolve problems that hinder successful
project completion and implementation, and for homeless
management information systems (HMIS) support, including
the continuing operation of tracking systems required by
House Report 105–610.

1,584

øRURAL HOUSING

AND

ECONOMIC DEVELOPMENT¿

øFor the Office of Rural Housing and Economic Development in
the Department of Housing and Urban Development, $17,000,000,
to remain available until expended, which amount shall be competitively awarded by September 1, 2008, to Indian tribes, State housing
finance agencies, State community and/or economic development
agencies, local rural nonprofits and community development corporations to support innovative housing and economic development activities in rural areas.¿ (Department of Housing and Urban Development
Appropriations Act, 2008.)

1,633

Program and Financing (in millions of dollars)
Identification code 86–0324–0–1–604

2,475
2,360
2,707
1,365
1,803
1,680
¥1,386
¥1,406
¥1,440
¥44 ................... ...................
¥50
¥50
¥50
PO 00000

Frm 00018

Fmt 3616

2007 actual

2008 est.

2009 est.

Obligations by program activity:
00.01 Rural Housing ................................................................

10.00

Sfmt 3643

Total new obligations (object class 41.0) ................
E:\BUDGET\HUD.XXX

HUD

COMMUNITY PLANNING AND DEVELOPMENT—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

21.40
22.00
22.10

23.90
23.95

Total budgetary resources available for obligation
Total new obligations ....................................................

38
¥16

24.40

Unobligated balance carried forward, end of year

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................

REVOLVING FUND (LIQUIDATING PROGRAMS)
20
17

22
17
17 ...................

1 ................... ...................
39
¥22

17
¥17

Program and Financing (in millions of dollars)
Identification code 86–4015–0–3–451

10.00

Total new obligations (object class 32.0) ................

17 ...................

21.40
22.00
22.40

1
2
¥1

1 ...................
2
2
¥2
¥1

23.90
23.95

Total budgetary resources available for obligation
Total new obligations ....................................................

2
¥1

1
¥1

24.40

Unobligated balance carried forward, end of year

74.40

Obligated balance, end of year ................................

86.93

Outlays (gross), detail:
Outlays from discretionary balances .............................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

17
20

17 ...................
23
23

The 2009 Budget requests no funding for the Rural Housing
and Economic Development (RHED) program. The program
is duplicative, particularly of programs provided through the
U.S. Department of Agriculture, which manages a portfolio
of rural housing and economic development grants programs
that vastly exceed HUD’s RHED program in terms of services,
budget and staffing. The needs of rural communities are also
addressed with greater resources through the Community Development Block Grants and HOME Investment Partnerships
Program.
The RHED program was created to encourage innovative
approaches to serve the housing and economic development
needs of the nation’s rural communities.

70.00

Total new budget authority (gross) ..........................

72.40
73.10
73.20

2
1
¥1

74.40

Obligated balance, end of year ................................

86.97
86.98

cprice-sewell on PROD1PC71 with BUDGET PAG

2009 est.

87.00

¥1

2
2
1 ...................

Total outlays (gross) .................................................

Offsets:
Against gross budget authority and outlays:
88.40
Offsetting collections (cash) from: Non-Federal
sources ..................................................................

¥1

Net budget authority and outlays:
Budget authority ............................................................
1
Outlays ........................................................................... ...................

1
2

1
1

Identification code 86–4015–0–3–451

24.40

Unobligated balance carried forward, end of year

72.40
73.20

Change in obligated balances:
Obligated balance, start of year ...................................
Total outlays (gross) ......................................................

4
¥1

74.40

Obligated balance, end of year ................................

86.93

Outlays (gross), detail:
Outlays from discretionary balances .............................

89.00
90.00

3 ...................
¥3 ...................

3 ................... ...................

3 ...................

The Urban Development Action Grants program was terminated in 1990. These grants were for distressed cities and
urban counties to fund economic development projects, and
were authorized by Title I of the Housing and Community
Development Act of 1974, as amended.
Frm 00019

Fmt 3616

2007 actual

Cumulative balance of direct loans outstanding:
1210 Outstanding, start of year .............................................
6
1251 Repayments: Repayments and prepayments ................. ...................
1263 Write-offs for default: Direct loans ...............................
¥1
1290

PO 00000

2 ...................

Status of Direct Loans (in millions of dollars)
2008 est.

Budgetary resources available for obligation:
21.40 Unobligated balance carried forward, start of year

Jkt 214754

2 ...................
1
1
¥3
¥2

Outlays (gross), detail:
Outlays from new mandatory authority .........................
1
Outlays from mandatory balances ................................ ...................

Program and Financing (in millions of dollars)

16:49 Jan 24, 2008

1 ................... ...................

89.00
90.00

URBAN DEVELOPMENT ACTION GRANTS

1
¥1

New budget authority (gross), detail:
Mandatory:
60.00
Appropriation .............................................................
69.00
Spending authority from offsetting collections: Offsetting collections (cash) .....................................

VerDate Aug 31 2005

2009 est.

42
37
36
16
22
17
¥20
¥23
¥23
¥1 ................... ...................

2008 est.

17 ...................

2007 actual

Obligations by program activity:
00.01 Section 312 expenses ....................................................

72.40
73.10
73.20
73.45

Identification code 86–0170–0–1–451

557

Outstanding, end of year ..........................................

2008 est.

2009 est.

5
¥1
¥1

3
¥1
¥1

The Revolving Fund (liquidating programs) was established
by the Independent Offices Appropriations Act of 1955 for
the efficient liquidation of assets acquired under a number
of housing and urban development programs. The operational
expenses are financed from a permanent, indefinite appropriation to administer the remaining repayments of loans and
recaptures in the portfolio. Annually, any amounts in the
account are returned as a dividend to the Treasury.
The Section 312 loan program portfolio, which provided first
and junior lien financing at below market interest rates for
the rehabilitation of homes in low-income neighborhoods, constituted a large portion of the account activities. This program
ceased to originate new loans over ten years ago. Since the
sale of the Section 312 loan portfolio to the private sector
in 2001, activity in this account has been minimal.
Sfmt 3616

E:\BUDGET\HUD.XXX

HUD

558

COMMUNITY PLANNING AND DEVELOPMENT—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2009

REVOLVING FUND (LIQUIDATING PROGRAMS)—Continued
Balance Sheet (in millions of dollars)
Identification code 86–4015–0–3–451

2006 actual

ASSETS:
1101 Federal assets: Fund balances with Treasury ..........................
1601 Direct loans, gross ......................................................................
1603 Allowance for estimated uncollectible loans and interest (–)

3
6
–6

4
6
–6

Direct loans and interest receivable, net .................................
Foreclosed property .......................................................................

....................
2

....................
1

1699

Value of assets related to direct loans ...................................

Total assets ..................................................................................
LIABILITIES:
2207 Non-Federal liabilities: Other ......................................................

2999

3999

Total net position ........................................................................

4999

Total liabilities and net position ...............................................

øCOMMUNITY DEVELOPMENT LOAN GUARANTEES PROGRAM
ACCOUNT¿
øFor the cost of guaranteed loans, $4,500,000, to remain available
until September 30, 2009, as authorized by section 108 of the Housing
and Community Development Act of 1974 (42 U.S.C. 5308): Provided,
That such costs, including the cost of modifying such loans, shall
be as defined in section 502 of the Congressional Budget Act of
1974: Provided further, That these funds are available to subsidize
total loan principal, any part of which is to be guaranteed, not to
exceed $205,000,000, notwithstanding any aggregate limitation on
outstanding obligations guaranteed in section 108(k) of the Housing
and Community Development Act of 1974, as amended.¿ (Department
of Housing and Urban Development Appropriations Act, 2008.)
Program and Financing (in millions of dollars)
Identification code 86–0198–0–1–451

2007 actual

Obligations by program activity:
00.02 Community development loan guarantee credit subsidy ............................................................................
00.07 Upward Reestimate of Loan Guarantee ........................
00.08 Interest on reestimate ...................................................
10.00

Total new obligations ................................................

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................

23.90
23.95

Total budgetary resources available for obligation
Total new obligations ....................................................

24.40

1
8

4
6
4 ...................

87.00

Total outlays (gross) .................................................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

11
9

2009 est.

5 ...................
3 ...................
1 ...................

9 ...................

1 ................... ...................
11
9 ...................
9 ...................
¥9 ...................

Identification code 86–0198–0–1–451

2007 actual

Guaranteed loan levels supportable by subsidy budget
authority:
215001 Community development loan guarantee levels ...........

200 ...................

2.17

2.25

0.00

232999 Weighted average subsidy rate .....................................
Guaranteed loan subsidy budget authority:
233001 Community development loan guarantee levels ...........

2.17

2.25

0.00

5 ...................

233999 Total subsidy budget authority ......................................
Guaranteed loan subsidy outlays:
234001 Community development loan guarantee levels ...........

5 ...................

234999 Total subsidy outlays .....................................................
Guaranteed loan upward reestimates:
235001 Community development loan guarantee levels ...........

4 ...................

235999 Total upward reestimate budget authority ....................
Guaranteed loan downward reestimates:
237001 Community development loan guarantee levels ...........

4 ...................

¥5

¥3 ...................

237999 Total downward reestimate subsidy budget authority

¥5

¥3 ...................

The 2009 Budget requests no funding for the Community
Development Loan Guarantee program (Section 108). The program activities, such as economic development projects and
affordable housing construction, can be funded with Community Development Block Grant (CDBG) funds and/or other
private financing options. As a part of the broader CDBG
and federal economic development program reforms, the program is proposed to be terminated. The 2007 Program Assessment Rating Tool (PART) found that the program was ‘‘Results not Demonstrated.’’
As required by the Federal Credit Reform Act of 1990,
this account records the subsidy costs associated with the
loan guarantees committed since 1992 (including modifications of direct loans or loan guarantees that resulted from
obligations or commitments in any year), as well as administrative expenses for this program. The subsidy amounts are
estimated on a present value basis; the administrative expenses are estimated on a cash basis.
Object Classification (in millions of dollars)
2007 actual

5 ...................

60.00

4 ...................

99.9

70.00

Total new budget authority (gross) ..........................

9 ...................

72.40
73.10
73.20
73.40

Change in obligated balances:
Obligated balance, start of year ...................................
Total new obligations ....................................................
Total outlays (gross) ......................................................
Adjustments in expired accounts (net) .........................
Obligated balance, end of year ................................

16:49 Jan 24, 2008

Jkt 214754

Total new obligations ................................................

2008 est.

2009 est.

1 ................... ...................
10
8 ...................
1
1 ...................
12

9 ...................

COMMUNITY DEVELOPMENT LOAN GUARANTEES FINANCING ACCOUNT
13
15
15
12
9 ...................
¥9
¥9
¥6
¥1 ................... ...................
15

Outlays (gross), detail:
86.90 Outlays from new discretionary authority ..................... ...................
VerDate Aug 31 2005

2009 est.

201

215999 Total loan guarantee levels ...........................................
Guaranteed loan subsidy (in percent):
232001 Community development loan guarantee levels ...........

Appropriation (total discretionary) ........................
Mandatory:
Appropriation .............................................................

74.40

2008 est.

200 ...................

Identification code 86–0198–0–1–451

4
5 ...................
¥1 ................... ...................

9 ...................
9
6

201

Direct obligations:
12.1 Civilian personnel benefits ............................................
33.0 Investments and loans ..................................................
43.0 Interest and dividends ...................................................

43.00

Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in
millions of dollars)

Unobligated balance carried forward, end of year ................... ................... ...................

cprice-sewell on PROD1PC71 with BUDGET PAG

2008 est.

4
7
1

12
¥12

Outlays from discretionary balances .............................
Outlays from new mandatory authority .........................

2007 actual

1604
1606

1999

86.93
86.97

PO 00000

1 ...................
Frm 00020

Fmt 3616

Program and Financing (in millions of dollars)
Identification code 86–4096–0–3–451

2007 actual

Obligations by program activity:
08.02 Payment of Downward Reestimate to Receipt Account
08.04 Payment of Downward Reestimate to Receipt Account
(Interest) ....................................................................
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HUD

2008 est.

2009 est.

2 ...................

1 ...................

COMMUNITY PLANNING AND DEVELOPMENT—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
10.00

Total new obligations ................................................

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New financing authority (gross) ....................................

91
16

23.90
23.95

Total budgetary resources available for obligation
Total new obligations ....................................................

107
¥5

115
122
¥3 ...................

24.40

Unobligated balance carried forward, end of year

102

112

122

New financing authority (gross), detail:
Mandatory:
Spending authority from offsetting collections:
69.00
Offsetting collections (cash) ................................
69.10
Change in uncollected customer payments from
Federal sources (unexpired) .............................
69.90

Spending authority from offsetting collections
(total mandatory) .............................................

Change in obligated balances:
72.40 Obligated balance, start of year ...................................
73.10 Total new obligations ....................................................
73.20 Total financing disbursements (gross) .........................
74.00 Change in uncollected customer payments from Federal sources (unexpired) ............................................
74.40

Obligated balance, end of year ................................

87.00

Outlays (gross), detail:
Total financing disbursements (gross) .....................

Offsets:
Against gross financing authority and financing disbursements:
Offsetting collections (cash) from:
88.00
Federal Sources: Payments from Program Account .................................................................
88.25
Interest on uninvested funds ...............................
88.90
88.95

89.00
90.00

3 ...................

102
13

112
10

As required by the Federal Credit Reform Act of 1990,
this non-budgetary account records all cash flows to and from
the Government resulting from loan guarantees committed
in 1992 and beyond (including modifications of loan guarantees that resulted from commitments in any year). The
amounts in this account are a means of financing and are
not included in the budget totals. As required by the Federal
Credit Reform Act of 1990, no administrative expenses can
be recorded in the financing account.
Balance Sheet (in millions of dollars)
Identification code 86–4096–0–3–451

2 ................... ...................
16

¥13
¥15
¥12
5
3 ...................
¥5 ................... ...................

2006 actual

2007 actual

ASSETS:
1101 Federal assets: Fund balances with Treasury ..........................

1999

Total assets ..................................................................................
LIABILITIES:
2204 Non-Federal liabilities: Liabilities for loan guarantees ............

2999

Total liabilities .............................................................................

4999

Total liabilities and net position ...............................................

¥2 ................... ...................
¥15

¥12

COMMUNITY DEVELOPMENT LOAN GUARANTEES LIQUIDATING
ACCOUNT

5 ................... ...................

Program and Financing (in millions of dollars)
Identification code 86–4097–0–3–451

2007 actual

2008 est.

2009 est.

Budgetary resources available for obligation:
24.40
Unobligated balance carried forward, end of year ................... ................... ...................

¥9
¥5

¥9
¥4

¥6
¥4

¥14

¥13

¥10

72.40

Change in obligated balances:
Obligated balance, start of year ...................................

¥4

¥2 ................... ...................

74.40

Obligated balance, end of year ................................

¥4

89.00
90.00

Total, offsetting collections (cash) .......................
Against gross financing authority only:
Change in receivables from program accounts .......

Status of Guaranteed Loans (in millions of dollars)
Identification code 86–4096–0–3–451

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559

2007 actual

Status of Guaranteed Loans (in millions of dollars)

2008 est.

2009 est.

Position with respect to appropriations act limitation
on commitments:
2111 Limitation on guaranteed loans made by private lenders ..............................................................................
2121 Limitation available from carry-forward .......................
2142 Uncommitted loan guarantee limitation .......................
2143 Uncommitted limitation carried forward .......................

131
200 ...................
74
3
3
¥1 ................... ...................
¥3
¥3
¥3

2150
2199

Total guaranteed loan commitments ........................
Guaranteed amount of guaranteed loan commitments

201
201

2210
2231
2251

2,386
76
¥187

2,275
100
¥150

2,225
75
¥125

2290

Outstanding, end of year ..........................................

2,275

2,225

2,175

2299

Memorandum:
Guaranteed amount of guaranteed loans outstanding,
end of year ................................................................

2,275

2,225

2,175

200 ...................
200 ...................

Guaranteed Loans. The Community Development Loan
Guarantee program (Section 108) has provided a mechanism
for the Federal guarantee of private loans. The financing account shows the status of privately financed guaranteed loan
commitments made in and after 1992. No funding is requested for new section 108 loans in 2009. An accompanying
liquidating account shows activity for Federal Financing Bank
(FFB) direct loan activity obligated prior to July 1, 1986,
and any pre–1992 loan guarantee activity.
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Identification code 86–4097–0–3–451

2007 actual

2008 est.

2009 est.

39
¥9

30
¥2

28
¥2

2290

Outstanding, end of year ..........................................

2299

Memorandum:
Guaranteed amount of guaranteed loans outstanding,
end of year ................................................................

Guaranteed Loans. Guaranteed loan assistance under the
Community Development Loan Guarantee (Section 108) program is provided to eligible communities to finance economic
development activities, housing rehabilitation, development or
expansion of public facilities, acquisition of real property, rehabilitation of publicly-owned real property, and certain related expenses. Until 1986, the Federal Financing Board
(FFB) in the Department of Treasury financed these guaranteed loans. The Consolidated Omnibus Budget Reconciliation
Act of 1985 required private financing of all loan guarantees
committed after July 1, 1986. The FFB will continue disbursing loans for commitments approved prior to July 1, 1986.
The activity shown in the above account reflects privately
financed guaranteed loans for which commitments were made
prior to 1992.
As required by the Federal Credit Reform Act of 1990,
this liquidating account records all cash flows to and from
the Government resulting from Federal Financing Bank (FFB)
Sfmt 3616

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HUD

560

COMMUNITY PLANNING AND DEVELOPMENT—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2009

COMMUNITY DEVELOPMENT LOAN GUARANTEES LIQUIDATING
ACCOUNT—Continued

direct loans for which loan guarantees were committed prior
to 1992. This account is shown on a cash basis.
Balance Sheet (in millions of dollars)
Identification code 86–4097–0–3–451

2006 actual

Total assets ..................................................................................

2007 actual

–4

....................

21.40
22.00
22.10

23.90
23.95

Total budgetary resources available for obligation
Total new obligations ....................................................

1,575
¥750

1,559
¥795

1,302
¥791

24.40

Unobligated balance carried forward, end of year

825

764

511

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................
735
41.00
Transferred to other accounts ................................... ...................

735
¥1

540
¥2

43.00

Appropriation (total discretionary) ........................

734

538

72.40
73.10
73.20
73.40
73.45

74.40

Obligated balance, end of year ................................

3,971

3,841

3,732

86.93

Outlays (gross), detail:
Outlays from discretionary balances .............................

978

925

900

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

735
978

734
925

538
900

835
735

825
734

764
538

5 ................... ...................

735

HOUSING PROGRAMS
Federal Funds
HOUSING

FOR THE

ELDERLY

cprice-sewell on PROD1PC71 with BUDGET PAG

(INCLUDING TRANSFER OF FUNDS)

For capital advances, including amendments to capital advance
contracts, for housing for the elderly, as authorized by section 202
of the Housing Act of 1959, as amended, and for project rental assistance for the elderly under section 202(c)(2) of such Act, including
amendments to contracts for such assistance and renewal of expiring
contracts for such assistance for up to a 1-year term, and for supportive services associated with the housing, ø$735,000,000¿
$540,000,000, to remain available until September 30, ø2011¿ 2012,
of which up to ø$628,850,000¿ $339,000,000 shall be for capital advance and project-based rental assistance awards, including up to
$15,000,000 for a demonstration program that leverages project
awards with other sources of development financing, such as tax credits, to expand housing assistance: Provided, That, of the amount provided under this heading, up to ø$60,000,000¿ $80,000,000 shall be
for service coordinators and the continuation of existing congregate
service grants for residents of assisted housing projects, and of which
up to ø$24,750,000¿ $25,000,000 shall be for grants under section
202b of the Housing Act of 1959 (12 U.S.C. 1701q–2) for conversion
of eligible projects under such section to assisted living or related
use and for emergency capital repairs as determined by the Secretary:
øProvided further, That of the amount made available under this
heading, $20,000,000 shall be available to the Secretary of Housing
and Urban Development only for making competitive grants to private nonprofit organizations and consumer cooperatives for covering
costs of architectural and engineering work, site control, and other
planning relating to the development of supportive housing for the
elderly that is eligible for assistance under section 202 of the Housing
Act of 1959 (12 U.S.C. 1701q):¿ Provided further, That amounts under
this heading shall be available for Real Estate Assessment Center
inspections and inspection-related activities associated with section
202 capital advance projects: Provided further, That $2,000,000 of
the total amount made available under this heading shall be for
technical assistance to improve grant applications and to facilitate
the development of housing for the elderly under section 202 of the
Housing Act of 1959, and supportive housing for persons with disabilities under section 811 of the Cranston-Gonzales National Affordable
housing Act: Provided further, That ønot to exceed $1,400,000¿ of
the total amount made available under this heading ømay¿, at least
$1,600,000 shall, and up to $2,000,000 may, be transferred to the
Working Capital Fund: Provided further, That the Secretary may
waive the provisions of section 202 governing the terms and conditions of project rental assistance, except that the initial contract
term for such assistance shall not exceed 5 years in duration. (Department of Housing and Urban Development Appropriations Act, 2008.)
Program and Financing (in millions of dollars)
Identification code 86–0320–0–1–604

2007 actual

2008 est.

2009 est.

Obligations by program activity:
00.01 Expansion .......................................................................
00.02 Rental assistance renewal and operating expenses

598
152

636
159

633
158

10.00

750

795

791

Total new obligations (object class 41.0) ................

This account consolidates all activities under the Section
202 Housing for the Elderly Program, including capital grants
for construction of new low-income housing units, project rental assistance contracts (PRAC), conversion of existing properties to assisted living, and service coordinators. The program funds the following: the construction of new units via
capital advance grants to nonprofit owners, provided that the
owner reserves the units for very low-income elderly individuals for no less than 40 years; project rental assistance contracts to fund the difference between a HUD-approved, perunit operating cost and 30 percent of the tenant’s adjusted
income; a grant program funding service coordinators who
work on-site to help the project’s residents obtain critical services; assistance for converting elderly housing units to assisted living facilities under a stand-alone grant program.
The account is displayed as two general activities—‘‘Expansion’’ and ‘‘Rental Assistance Renewal and Operating Expenses’’—to provide information on programmatic functions
and resource usage. Expansion funds include capital grants
for new unit construction and project rental assistance provided for an initial period to each new project, while Rental
Assistance Renewal and Operating Expenses cover costs associated with existing units and other expenses. Up to $15
million of 2009 Expansion funds may be used for a demonstration project that leverages additional capital from various sources—such as private investors through tax credits—
to support the construction of additional elderly housing units.
The 2009 Budget expands the number of housing units
assisted by this program by providing $339 million to construct approximately 2,400 new units of housing. In addition,
all housing previously supported will continue to receive operating subsidies. Finally, congregate services and other supportive social services for residents, such as benefit counseling, will receive $80 million, and upgrades of developments
to assisted living facilities are funded at $25 million.
HOUSING FOR THE ELDERLY
2007 actual

Units eligible for payment ..........................................................
VerDate Aug 31 2005

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4,211
3,971
3,841
750
795
791
¥978
¥925
¥900
¥7 ................... ...................
¥5 ................... ...................

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E:\BUDGET\HUD.XXX

HUD

92,788

2008 est.

97,030

2009 est.

101,272

HOUSING PROGRAMS—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
HOUSING

FOR

PERSONS WITH DISABILITIES

(INCLUDING TRANSFER OF FUNDS)

For capital advance contracts, including amendments to capital
advance contracts, for supportive housing for persons with disabilities, as authorized by section 811 of the Cranston-Gonzalez National
Affordable Housing Act (42 U.S.C. 8013), for project rental assistance
for supportive housing for persons with disabilities under section
811(d)(2) of such Act, including amendments to contracts for such
assistance and renewal of expiring contracts for such assistance for
up to a 1-year term, and for supportive services associated with
the housing for persons with disabilities as authorized by section
811(b)(1) of such Act, and for tenant-based rental assistance contracts
entered into pursuant to section 811 of such Act, ø$237,000,000¿
$160,000,000, to remain available until September 30, ø2011¿ 2012:
Provided, That ønot to exceed $600,000 may¿ of the total amount
made available under this heading, at least $1,600,000 shall, and
up to $2,000,000 may, be transferred to the Working Capital Fund:
Provided further, That up to $42,000,000 of the amount made available under this heading shall be for additional housing assistance
under section 811(b)(2) of such Act, including up to $10,000,000 for
a demonstration program that leverages project awards with other
sources of development financing, such as tax credit incentives, to
expand housing assistance: Provided further, That, of the amount
provided under this heading, ø$74,745,000¿ $87,100,000 shall be for
amendments or renewal of tenant-based assistance contracts entered
into prior to fiscal year 2005 (only one amendment authorized for
any such contract): Provided further, That all tenant-based assistance
made available under this heading shall continue to remain available
only to persons with disabilities: Provided further, That the Secretary
may waive the provisions of section 811 governing the terms and
conditions of project rental assistance and tenant-based assistance,
except that the initial contract term for such assistance shall not
exceed 5 years in duration: Provided further, That amounts made
available under this heading shall be available for Real Estate Assessment Center Inspections and inspection-related activities associated with section 811 Capital Advance Projects. (Department of Housing and Urban Development Appropriations Act, 2008.)

This account consolidates all activities funded under section
811, Housing for Persons With Disabilities program, including
capital grants for the construction of new units, project rental
assistance contracts (PRAC), vouchers for persons with disabilities, and cost amendments as needed. The program funds:
the construction of new units via capital advance grants to
nonprofit owners, provided that the owner reserves the units
for very low-income persons with disabilities for no less than
40 years; project rental assistance contracts to fund the difference between a HUD-approved, per-unit operating cost—
which may include certain services—and (usually) 30 percent
of the tenant’s adjusted income; annual costs associated with
renewing ‘‘main stream’’ vouchers reserved for persons with
disabilities, which are administered by the Office of Public
and Indian Housing.
The account is displayed as two general obligation activities—‘‘Expansion’’ and ‘‘Rental Assistance Renewal and Operating Expenses’’—to provide better information on programmatic functions and resource usage. Expansion funds include capital grants for new housing unit construction and
project rental assistance provided for an initial period (usually
3 years) to each new project, while Rental Assistance Renewal
and Operating Expenses cover costs associated with existing
units and other expenses. Up to $10 million of 2009 Expansion funds may be used for a demonstration project that
leverages additional capital from various sources—such as private investors through tax credits—to support the construction of additional disabled housing units.
HOUSING FOR PERSONS WITH DISABILITIES
2007 actual

Units eligible for payment ..........................................................

2007 actual

2009 est.

155
92

207
52

190
47

10.00

Total new obligations (object class 41.0) ................

247

259

237

21.40
22.00
22.10

230
237

224
236

201
158

4 ................... ...................

23.90
23.95

Total budgetary resources available for obligation
Total new obligations ....................................................

471
¥247

460
¥259

359
¥237

24.40

Unobligated balance carried forward, end of year

224

201

122

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New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................
237
41.00
Transferred to other accounts ................................... ...................

237
¥1

160
¥2

43.00

Appropriation (total discretionary) ........................

236

158

72.40
73.10
73.20
73.40
73.45

74.40

Obligated balance, end of year ................................

1,102

1,060

1,012

Outlays (gross), detail:
86.93 Outlays from discretionary balances .............................

305

301

285

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1,171
1,102
1,060
247
259
237
¥305
¥301
¥285
¥7 ................... ...................
¥4 ................... ...................

237
305
PO 00000

24,989

2009 est.

26,052

For contracts, grants, and other assistance excluding loans, as authorized under section 106 of the Housing and Urban Development
Act of 1968, as amended, $65,000,000, including up to $2,000,000
for administrative contract services, to remain available until September 30, 2010: Provided, That funds shall be used for providing
counseling and advice to tenants and homeowners, both current and
prospective, with respect to property maintenance, financial management/literacy, and such other matters as may be appropriate to assist
them in improving their housing conditions, meeting their financial
needs, and fulfilling the responsibilities of tenancy or homeownership;
for program administration; and for housing counselor training.
Program and Financing (in millions of dollars)
Identification code 86–0156–0–1–604

2008 est.

HOUSING COUNSELING ASSISTANCE
2008 est.

Obligations by program activity:
00.01 Expansion .......................................................................
00.02 Rental assistance renewal and operating expenses

237

23,926

Program and Financing (in millions of dollars)
Identification code 86–0237–0–1–604

561

236
301
Frm 00023

2008 est.

2009 est.

10.00

Total new obligations (object class 41.0) ................ ................... ...................

22.00
23.95

Budgetary resources available for obligation:
New budget authority (gross) ........................................ ................... ...................
Total new obligations .................................................... ................... ...................

65
¥7

24.40

Unobligated balance carried forward, end of year ................... ...................

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation ............................................................. ................... ...................

73.10
73.20

Change in obligated balances:
Total new obligations .................................................... ................... ...................
Total outlays (gross) ...................................................... ................... ...................

7
¥7

86.90

Outlays (gross), detail:
Outlays from new discretionary authority ..................... ................... ...................

89.00

Net budget authority and outlays:
Budget authority ............................................................ ................... ...................

158
285
Fmt 3616

2007 actual

Obligations by program activity:
00.01 Housing Assistance ........................................................ ................... ...................

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HUD

562

HOUSING PROGRAMS—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2009
10.00

HOUSING COUNSELING ASSISTANCE—Continued
Program and Financing (in millions of dollars)—Continued
Identification code 86–0156–0–1–604

90.00

2007 actual

2008 est.

The Housing Counseling Assistance Program provides comprehensive housing counseling services to eligible homeowners
and tenants through grants to nonprofit intermediaries, state
governmental entities, and other agencies with presences
ranging from local to national, as well as teaming up with
such partners to provide technical assistance and training.
Eligible counseling activities include pre- and post-purchase
education, personal financial management, reverse mortgage
product education, foreclosure prevention/mitigation, and
rental counseling. As such, the Housing Counseling Assistance Program supports the delivery of a wide variety of housing counseling services to homebuyers, homeowners, low- to
moderate-income renters, elderly citizens, and the homeless.
The program impacts numerous HUD programs and Presidential priorities, including the Administration’s current foreclosure mitigation efforts, and provides a key short- and longterm solution to the far-reaching home finance difficulties
currently facing the country. The primary objectives of the
program are to expand homeownership opportunities, improve
access to affordable housing, increase financial literacy, and
aid in HUD’s commitment to bridging the minority homeownership gap. Additionally, the program supports individuals with FHA-insured loans, supporting the overall soundness of the portfolio to the American taxpayer’s benefit.
This program has been funded through a set-aside under
the HOME program appropriation for the past several years.
However, in 2009, it is again being proposed as a separate
account. The increasing social importance and cross-Departmental relevance of the program suggest an unprecedented
need for an independently-appropriated, self-sufficient program. In addition, authority is proposed to make available
up to $2,000,000 for administrative support necessary to improve the management of the housing counseling program
and enable the program to respond more nimbly to everevolving needs.
f

OTHER ASSISTED HOUSING PROGRAMS

øRENTAL

HOUSING ASSISTANCE¿

For amendments to contracts under section 101 of the Housing
and Urban Development Act of 1965 (12 U.S.C. 1701s) and section
236(f)(2) of the National Housing Act (12 U.S.C. 1715z–1) in Stateaided, non-insured rental housing projects, $27,600,000, to remain
available until expended. (Department of Housing and Urban Development Appropriations Act, 2008.)
øRENT SUPPLEMENT¿

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ø(RESCISSION)¿ (CANCELLATION)
Of the amounts ømade available under the heading ‘‘Rent Supplement’’ in Public Law 98–63 for amendments to¿ recaptured from
terminated contracts under section 101 of the Housing and Urban
Development Act of 1965 (12 U.S.C. 1701s) and section 236(f)(2) of
the National Housing Act (12 U.S.C. 1715z–1) øin State-aided, noninsured rental housing projects, $37,600,000 are rescinded¿,
$27,600,000 is permanently cancelled. (Department of Housing and
Urban Development Appropriations Act, 2008.)
Program and Financing (in millions of dollars)
Identification code 86–0206–0–1–999

2007 actual

Obligations by program activity:
00.01 Rent supplement ............................................................
00.02 Homeownership and rental housing assistance (Sections 235 and 236) ...................................................
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2008 est.

2009 est.

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2009 est.

Outlays ........................................................................... ................... ...................

Total new obligations (object class 41.0) ................

971
26

772
772
¥10 ...................

282
38
28
¥164 ................... ...................
¥331 ................... ...................

23.90
23.95

Total budgetary resources available for obligation
Total new obligations ....................................................

784
¥12

800
¥28

24.40

Unobligated balance carried forward, end of year

772

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................
26
40.36
Unobligated balance permanently reduced .............. ...................

28
¥38

28
¥28

43.00

¥10 ...................

60.00
60.49

Appropriation (total discretionary) ........................
Mandatory:
Appropriation .............................................................
Portion applied to liquidate contract authority ........

62.50

26
444
¥444

578
¥578

Appropriation (total mandatory) ........................... ................... ................... ...................
¥10 ...................

70.00

Total new budget authority (gross) ..........................

72.40
73.10
73.20
73.45

5,834
12
¥565
¥282

4,999
28
¥535
¥38

4,454
28
¥517
¥28

74.40

Obligated balance, end of year ................................

4,999

4,454

3,937

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority .....................
Outlays from discretionary balances .............................

16
549

¥6 ...................
541
517

87.00

Total outlays (gross) .................................................

565

535

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

26
565

93.01
93.02
93.03
93.04

authority
authority
authority
authority

891
687
4,963
4,274

517

¥10 ...................
535
517

687
772
4,274
4,453

772
772
4,453
3,928

The Other Assisted Housing Account contains the programs
listed below:
Rent Supplement.—Rent supplement assistance payments
will continue to be made on behalf of qualified low-income
tenants in approximately 15,041 units as of September 30,
2007, which have not converted to Section 8.
Section 235.—The Housing and Urban-Rural Recovery Act
of 1983 (Public Law 98–181) authorized a restructured Section
235 (Homeownership Assistance) program that provided
homeowners a 10-year interest reduction subsidy on their
mortgages.
Section 236.—The Housing and Urban Development Act of
1968, as amended, authorizes the Section 236 Rental Housing
Assistance Program which subsidizes the monthly mortgage
payment that an owner of a rental or cooperative project
is required to make. This interest subsidy reduces rents for
lower income tenants.
This account includes funding necessary to amend Rent
Supplement and Rental Assistance Payment (RAP) contracts
in state-aided multifamily housing projects to address cost
increases beyond the maximum annual payment limitation
previously established for the affected contracts. As some of
these rental assistance contracts are terminated due to prepayments or other reasons, remaining balances are recovered.
The account includes language to cancel the amounts recovered from projects where rental assistance has been terminated.
Sfmt 3616

E:\BUDGET\HUD.XXX

HUD

HOUSING PROGRAMS—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

The table below provides a summary of outlays by program.
SUMMARY OF OUTLAYS
(in millions of dollars)
2007 actual

Total .............................................................................................
Rent supplement .........................................................................
Homeownership assistance (Section 235) ..................................
Rental housing assistance (Section 236) ...................................
College housing grants ...............................................................

2008 est.

565
47
4
508
6

2009 est.

535
45
4
480
6

517
43
3
465
6

ment may assess and collect fees from any program participant: Provided further, That such collections shall be deposited into the Fund,
and the Secretary, as provided herein, may use such collections, as
well as fees collected under section 620, for necessary expenses of
such Act: Provided further, That notwithstanding the requirements
of section 620 of such Act, the Secretary may carry out responsibilities of the Secretary under such Act through the use of approved
service providers that are paid directly by the recipients of their
services. (Department of Housing and Urban Development Appropriations Act, 2008.)
Program and Financing (in millions of dollars)

Identification code 86–0234–0–1–376

HOMEOWNERSHIP

AND OPPORTUNITY FOR PEOPLE
GRANTS (HOPE GRANTS)

EVERYWHERE

Program and Financing (in millions of dollars)
Identification code 86–0196–0–1–604

2007 actual

Budgetary resources available for obligation:
22.00 New budget authority (gross) ........................................
22.10 Resources available from recoveries of prior year obligations .......................................................................

2008 est.

21.40
22.00

Total budgetary resources available for obligation ................... ................... ...................

24.40

Unobligated balance carried forward, end of year ................... ................... ...................

24.40

Total new obligations (object class 94.0) ................ ................... ...................
Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................

20
26 ...................
6 ...................
5

Total budgetary resources available for obligation
26
26
5
Total new obligations .................................................... ................... ...................
¥5
Unobligated balance expiring or withdrawn ................. ...................
¥26 ...................
Unobligated balance carried forward, end of year

New budget authority (gross), detail:
Discretionary:
40.36
Unobligated balance permanently reduced ..............

¥1 ................... ...................

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................

72.40
73.45

Change in obligated balances:
Obligated balance, start of year ...................................
Recoveries of prior year obligations ..............................

7
6
6
¥1 ................... ...................

73.10
73.20

74.40

Obligated balance, end of year ................................

26 ................... ...................

6 ...................

5
¥5

74.40

Net budget authority and outlays:
Budget authority ............................................................
¥1 ................... ...................
Outlays ........................................................................... ................... ................... ...................

86.90

Outlays (gross), detail:
Outlays from new discretionary authority ..................... ................... ...................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
6 ...................
Outlays ........................................................................... ................... ...................

5
5

The Homeownership and Opportunity for People Everywhere Program, funded from fiscal year 1992–1995, provided
affordable homeownership opportunities for low-income families. Units were converted to homeownership from public and
Indian housing properties in HOPE I, from FHA-insured and
Government-held multifamily properties in HOPE II, and
from Government-owned or -held single family properties in
HOPE III. HOPE Grants were used for property acquisition,
rehabilitation, mortgage subsidies, security measures, and
technical assistance. In addition, grants have been devoted
to counseling and training of residents, and other activities
intended to help them become economically self-sufficient
homeowners. This schedule reflects the expenditure of prior
year balances.

PAYMENT

INTERSTATE LAND SALES
Special and Trust Fund Receipts (in millions of dollars)
Identification code 86–5270–0–2–376

01.00

2007 actual

2008 est.

2009 est.

Balance, start of year .................................................... ................... ................... ...................

01.99

Balance, start of year .................................................... ................... ................... ...................
Receipts:
02.60 Interstate Land Sales Fund ...........................................
1
1
1
Total: Balances and collections ....................................
Appropriations:
05.00 Interstate Land Sales ....................................................

¥1

MANUFACTURED HOUSING FEES TRUST FUND

For necessary expenses as authorized by the National Manufactured Housing Construction and Safety Standards Act of 1974 (42
U.S.C. 5401 et seq.), up to $16,000,000, to remain available until
expended, of which $10,600,000 is to be derived from the Manufactured Housing Fees Trust Fund: Provided, That not to exceed the
total amount appropriated under this heading shall be available from
the general fund of the Treasury to the extent necessary to incur
obligations and make expenditures pending the receipt of collections
to the Fund pursuant to section 620 of such Act: Provided further,
That the amount made available under this heading from the general
fund shall be reduced as such collections are received during fiscal
year ø2008¿ 2009 so as to result in a final fiscal year ø2008¿ 2009
appropriation from the general fund estimated at not more than
ø$0¿ $5,400,000 and fees pursuant to such section 620 shall be modified as necessary to ensure such a final fiscal year ø2008¿ 2009
appropriation: Provided further, That for the dispute resolution and
installation programs, the Secretary of Housing and Urban DevelopVerDate Aug 31 2005

Obligated balance, end of year ................................ ................... ................... ...................

04.00

cprice-sewell on PROD1PC71 with BUDGET PAG

2009 est.

10.00

23.90

1 ................... ...................

2008 est.

2009 est.

¥1 ................... ...................

2007 actual

Obligations by program activity:
00.01 Payment to Trust Fund .................................................. ................... ...................

23.90
23.95
23.98

89.00
90.00

563

16:49 Jan 24, 2008

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Fmt 3616

07.99

Balance, end of year ..................................................... ................... ................... ...................

Program and Financing (in millions of dollars)
Identification code 86–5270–0–2–376

2007 actual

2008 est.

2009 est.

Obligations by program activity:
00.01 Transfer to salaries and expenses ................................

10.00

Total new obligations (object class 25.2) ................

22.00
23.95

Budgetary resources available for obligation:
New budget authority (gross) ........................................
Total new obligations ....................................................

1
¥1

New budget authority (gross), detail:
Mandatory:
60.20
Appropriation (special fund) .....................................

Sfmt 3643

E:\BUDGET\HUD.XXX

HUD

564

HOUSING PROGRAMS—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2009

INTERSTATE LAND SALES—Continued
Program and Financing (in millions of dollars)—Continued
Identification code 86–5270–0–2–376

2007 actual

2008 est.

2009 est.

73.10
73.20

Change in obligated balances:
Total new obligations ....................................................
Total outlays (gross) ......................................................

1
¥1

86.97

Outlays (gross), detail:
Outlays from new mandatory authority .........................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

1
1

The Interstate Land Sales Full Disclosure Act provides protection to the public with respect to purchase or leases of
subdivision lots. Statements of record must be filed with the
Secretary before subdivisions with 100 or more lots may be
sold in interstate commerce, except when the subdivision is
eligible for exemption.
The Secretary is authorized to charge a fee, to be paid
by the developer when filing a statement of record. The fee
receipts are permanently appropriated and have helped finance a portion of the direct administrative expenses incurred
in program operations.
f

RENTAL HOUSING ASSISTANCE FUND
Program and Financing (in millions of dollars)
Identification code 86–4041–0–3–604

2007 actual

Obligations by program activity:
Transfer to HUD’s Flexible Subsidy Fund ...................... ...................

10.00

Total new obligations (object class 94.0) ................ ...................

4
4

8
4

4
4

Total budgetary resources available for obligation
8
Total new obligations .................................................... ...................

12
¥8

8
¥4

23.90
23.95
24.40

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................

Unobligated balance carried forward, end of year

New budget authority (gross), detail:
Mandatory:
69.00
Spending authority from offsetting collections: Offsetting collections (cash) .....................................

86.97
86.98

Outlays (gross), detail:
Outlays from new mandatory authority ......................... ...................
Outlays from mandatory balances ................................ ...................

87.00

Total outlays (gross) ................................................. ...................

¥4

8
¥8

4
¥4

Jkt 214754

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OF FUNDS)¿

øFrom the Rental Housing Assistance Fund, all uncommitted balances of excess rental charges as of September 30, 2007, and any
collections made during fiscal year 2008 and all subsequent fiscal
years, shall be transferred to the Flexible Subsidy Fund, as authorized by section 236(g) of the National Housing Act.¿ (Department
of Housing and Urban Development Appropriations Act, 2008.)
Program and Financing (in millions of dollars)
Identification code 86–4044–0–3–604

2007 actual

2008 est.

2009 est.

Budgetary resources available for obligation:
21.40 Unobligated balance carried forward, start of year
22.00 New budget authority (gross) ........................................

42
23

65
31

96
27

23.90

Total budgetary resources available for obligation

123

24.40

Unobligated balance carried forward, end of year

123

New budget authority (gross), detail:
Discretionary:
58.00
Spending authority from offsetting collections: Offsetting collections (cash) .....................................

72.40

Change in obligated balances:
Obligated balance, start of year ...................................

74.40

Obligated balance, end of year ................................

¥8
¥23

¥4
¥23

¥23

¥31

¥27

Total, offsetting collections (cash) .......................

89.00
90.00

Status of Direct Loans (in millions of dollars)
4
4
4 ...................
8

¥4

Frm 00026

Identification code 86–4044–0–3–604

2007 actual

2008 est.

2009 est.

1210
1251

Cumulative balance of direct loans outstanding:
Outstanding, start of year .............................................
Repayments: Repayments and prepayments .................

669
¥20

649
¥20

629
¥20

1290

Outstanding, end of year ..........................................

649

629

609

¥4

The Housing and Urban Development Act of 1968 authorized the Secretary to establish a revolving fund into which
rental collections in excess of the established basic rents for
units in Section 236 subsidized projects would be deposited.
The Housing and Community Development Amendment of
1978 authorized the Secretary, subject to approval in appro16:49 Jan 24, 2008

ø(TRANSFER

Net budget authority and outlays:
89.00 Budget authority ............................................................ ................... ................... ...................
90.00 Outlays ...........................................................................
¥4
4 ...................

VerDate Aug 31 2005

øFLEXIBLE SUBSIDY FUND¿

88.90
4

Offsets:
Against gross budget authority and outlays:
88.40
Offsetting collections (cash) from: Non-Federal
sources ..................................................................

2009 est.

09.01

21.40
22.00

cprice-sewell on PROD1PC71 with BUDGET PAG

2008 est.

priation acts, to transfer excess rent collections received after
1978 to the Troubled Projects Operating Subsidy program,
renamed the Flexible Subsidy Fund. Prior to that time, collections were used for paying tax and utility increases in Section
236 projects. The Housing and Community Development Act
of 1980 amended the 1978 Act by authorizing the transfer
of excess rent collections regardless of when collected. The
Budget proposes that the resources from the Rental Housing
Assistance Fund continue to be transferred to the Flexible
Subsidy Fund, with the exception of amounts required to
make refunds of excess income remittances as authorized by
Public Law 106–569.

Fmt 3616

The Flexible Subsidy Fund assisted financially troubled
subsidized projects under certain FHA authorities. The subsidies were intended to prevent potential losses to the FHA
fund resulting from project insolvency and to preserve these
projects as a viable source of housing for low and moderateincome tenants. Priority was given to projects with Federal
insurance-in-force and then to those with mortgages that had
been assigned to the Department of Housing and Urban Development. Excess rental income in the Rental Housing Assistance Fund not refunded to project owners will continue
to be transferred to the Flexible Subsidy Fund.
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HUD

HOUSING PROGRAMS—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
Balance Sheet (in millions of dollars)
Identification code 86–4044–0–3–604

2006 actual

2007 actual

43
670
95
–567

66
649
100
–558

Value of assets related to direct loans ...................................

198

191

Total assets ..................................................................................
LIABILITIES:
2207 Non-Federal liabilities: Other ......................................................

241

257

–376
613

–376
632

1999

2999

Total net position ........................................................................

237

256

4999

Total liabilities and net position ...............................................

241

257

entities in connection with sales of single family real properties
owned by the Secretary and formerly insured under the Mutual Mortgage Insurance Fund.
For administrative contract expenses, ø$77,400,000¿ $116,000,000,
of which ønot to exceed $25,550,000¿ at least $46,794,000 shall, and
up to $58,492,500 may, be transferred to the Working Capital Fund,
and of which up to ø$5,000,000¿ $10,000,000 shall be for education
and outreach of FHA single family loan products, including printing
costs: Provided, That to the extent guaranteed loan commitments
exceed $65,500,000,000 on or before April 1, ø2008¿ 2009, an additional $1,400 for administrative contract expenses shall be available
for each $1,000,000 in additional guaranteed loan commitments (including a pro rata amount for any amount below $1,000,000), but
in no case shall funds made available by this proviso exceed
$30,000,000. (Department of Housing and Urban Development Appropriations Act, 2008.)
Program and Financing (in millions of dollars)
Identification code 86–0183–0–1–371

NEHEMIAH HOUSING OPPORTUNITY FUND
Program and Financing (in millions of dollars)
Identification code 86–4071–0–3–604

21.40
22.00
22.10

2007 actual

2008 est.

6 ................... ...................

23.90

Total budgetary resources available for obligation

24.40

Unobligated balance carried forward, end of year

New budget authority (gross), detail:
Discretionary:
58.00
Spending authority from offsetting collections: Offsetting collections (cash) .....................................

1 ................... ...................

72.40
73.45

Change in obligated balances:
Obligated balance, start of year ...................................
Recoveries of prior year obligations ..............................

10
4
4
¥6 ................... ...................

74.40

Obligated balance, end of year ................................

Offsets:
Against gross budget authority and outlays:
88.40
Offsetting collections (cash) from: Non-Federal
sources ..................................................................

89.00
90.00

¥1 ................... ...................

The Nehemiah grants program was authorized by the Housing and Community Development Act of 1987 to provide loans
to eligible families to assist in the purchase of new or substantially rehabilitated units. This schedule reflects the liquidation of remaining reserved and obligated balances.

cprice-sewell on PROD1PC71 with BUDGET PAG

FEDERAL HOUSING ADMINISTRATION
(INCLUDING TRANSFERS OF FUNDS)

During fiscal year ø2008¿ 2009, commitments to guarantee øloans
to carry out the purposes of section 203(b) of the National Housing
Act, as amended,¿single family loans insured under the Mutual Mortgage Insurance Fund shall not exceed a loan principal of
$185,000,000,000.
During fiscal year ø2008¿ 2009, obligations to make direct loans
to carry out the purposes of section 204(g) of the National Housing
Act, as amended, shall not exceed $50,000,000: Provided, That the
foregoing amount shall be for loans to nonprofit and governmental
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2009 est.

10.00

Total new obligations ................................................

1,390

4,607

22.00
22.22

Budgetary resources available for obligation:
New budget authority (gross) ........................................
Unobligated balance transferred from other accounts

45
1,350

51
69
4,555 ...................

23.90
23.95
23.98

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance expiring or withdrawn .................

3,925 ...................
630 ...................

Frm 00027

Fmt 3616

1,395
4,606
69
¥1,390
¥4,607
¥69
¥5 ................... ...................

414
¥369

77
¥26

116
¥47

43.00

Appropriation (total discretionary) ........................

72.40
73.10
73.20
73.40

74.40

Obligated balance, end of year ................................

86.90
86.93
86.98

3
31
1,350

43
58
9
11
4,555 ...................

87.00

Total outlays (gross) .................................................

1,384

4,607

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

45
1,384

51
4,607

69
69

82
72
72
1,390
4,607
69
¥1,384
¥4,607
¥69
¥16 ................... ...................
72

Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in
millions of dollars)
2007 actual

Direct loan levels supportable by subsidy budget authority:
115001 MMI Fund, Direct loans .................................................

MUTUAL MORTGAGE INSURANCE PROGRAM ACCOUNT

16:49 Jan 24, 2008

2008 est.

1,148
203

Identification code 86–0183–0–1–371

VerDate Aug 31 2005

2007 actual

Obligations by program activity:
00.07 Reestimates of loan guarantee subsidy—upward reestimate .....................................................................
00.08 Interest on reestimates of loan guarantee subsidy
00.12 Non-overhead administrative expenses for FHA contracts .........................................................................
2009 est.

1
8
8
1 ................... ...................

565

2008 est.

2009 est.

115999 Total direct loan levels ..................................................
Direct loan subsidy (in percent):
132001 MMI Fund, Direct loans .................................................

0.00

132999 Weighted average subsidy rate .....................................

0.00

Guaranteed loan levels supportable by subsidy budget
authority:
215002 MMI Fund .......................................................................

56,519

72,172

80,277

56,519

72,172

80,277

215999 Total loan guarantee levels ...........................................
Guaranteed loan subsidy (in percent):
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HUD

566

HOUSING PROGRAMS—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2009

MUTUAL MORTGAGE INSURANCE PROGRAM ACCOUNT—Continued
(INCLUDING TRANSFERS OF FUNDS)—Continued

Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in
millions of dollars)—Continued
Identification code 86–0183–0–1–371

2008 est.

2009 est.

232002 MMI Fund .......................................................................
232007 MMI Seller Financed Down Payment Assistance ...........

¥0.37
0.00

¥0.51
0.00

¥0.01
6.35

232999 Weighted average subsidy rate .....................................
Guaranteed loan subsidy budget authority:
233002 MMI Fund .......................................................................

¥0.37

¥0.51

¥0.01

¥209

¥368

¥8

233999 Total subsidy budget authority ......................................
Guaranteed loan subsidy outlays:
234002 MMI Fund .......................................................................

¥209

¥368

¥8

¥209

¥368

¥8

234999 Total subsidy outlays .....................................................
Guaranteed loan upward reestimates:
235002 MMI Fund .......................................................................

¥209

¥368

¥8

1,350

4,555 ...................

235999 Total upward reestimate budget authority ....................
Guaranteed loan downward reestimates:
237002 MMI Fund .......................................................................

1,350

4,555 ...................

¥554

¥5 ...................

237999 Total downward reestimate subsidy budget authority

¥554

¥5 ...................

Administrative expense data:
Budget authority ............................................................
Outlays from balances ...................................................
Outlays from new authority ...........................................

1,390
31
3

3510
3580
3590

cprice-sewell on PROD1PC71 with BUDGET PAG

2007 actual

44
7
37

69
11
58

The Federal Housing Administration (FHA) provides mortgage insurance to encourage lenders to make credit available
to borrowers for which the conventional market does not adequately serve. These include first-time homebuyers, minorities, lower-income families, and residents of underserved
areas (central cities and rural areas).
In 2009, FHA is requesting an aggregate limitation of $185
billion on loan guarantees for the Mutual Mortgage Insurance
(MMI) fund and is proposing legislative changes to reform
FHA.
In 2002, the President issued America’s Homeownership
Challenge to increase first-time minority homeowners by 5.5
million through 2010. The Budget continues Administration
efforts to modernize FHA with proposals for new mortgage
products targeted toward families who face the obstacles of
having poor credit histories or little savings. These new mortgages will have risk-based premiums tied to credit scores
and the size of downpayments. This will result in more families having access to mortgage financing and will reward families with lower mortgage payments for having good credit
histories and saving more for downpayments. The Budget
also proposes to increase the FHA single-family national loan
limit ceiling from 87 percent to 100 percent of the conforming
loan limit of $417,000.
Because of deteriorating market conditions, as well as adverse loan performance and improved estimation techniques,
the baseline credit subsidy rate for FHA’s single family program—assuming no programmatic changes—is positive,
meaning that total costs exceed receipts on a present value
basis, and therefore would require appropriations of credit
subsidy budget authority or premium increases to continue
operation. Under the Budget’s policy proposals, FHA will be
able to set premiums that are based on risk and are sufficient
to avoid the need for credit subsidy appropriations. Barring
the authority to establish risk-based premiums, however, FHA
will use its existing authority to raise the upfront premiums
on most borrowers up to maximums of 1.95 percent (purchase)
and 1.75 percent (re-finance) and the annual premium to
a maximum of 0.52 percent (purchase) in order to avoid a
positive subsidy rate.
The Budget establishes a separate risk category for sellerfinanced downpayment assistance mortgages. Actuarial analVerDate Aug 31 2005

16:49 Jan 24, 2008

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Fmt 3616

ysis has found that these loans are very costly, with default
rates well in excess of other FHA single-family purchase mortgages. Placing seller-financed downpayment assistance loans
in a separate program from other FHA single-family mortgages will prevent erosion of the credit quality in the general
FHA single-family portfolio. Because of the high default rate
for seller-financed downpayment assistance loans, the program has a positive subsidy rate and would require appropriations to operate in 2009, even if FHA were to charge the
highest possible premiums rates allowable under current law.
The Budget proposes no new loan guarantees under this program; it provides no funding for its credit subsidy costs.
The Budget also proposes that new loans for the Condominium, the Section 203(k) rehabilitation, and Home Equity
Conversion programs come from the MMI fund in order to
consolidate single-family programs in one fund; previously
these loans where made under the General and Special Risk
funds. Those single-family loans made prior to 2009 will remain under the General and Special Risk funds. The proposal
includes the removal of the statutory cap on the number
of Home Equity Conversion Mortgages insured by FHA. The
effects of these proposals are illustrated in separate schedules
published for the MMI and General and Special Risk funds.
As required by the Federal Credit Reform Act of 1990,
this account records administrative expenses for this program,
as well as the subsidy costs, if any, associated with the loan
guarantees committed in 1992 and thereafter. The subsidy
amounts are estimated on a present value basis; the administrative expenses are estimated on a cash basis.
Object Classification (in millions of dollars)
Identification code 86–0183–0–1–371

2007 actual

2008 est.

2009 est.

Direct obligations:
25.2 Other services ................................................................
41.0 Grants, subsidies, and contributions ............................
43.0 Interest and dividends ...................................................

39
1,148
203

52
69
3,925 ...................
630 ...................

99.9

1,390

4,607

Total new obligations ................................................

FHA-MUTUAL MORTGAGE INSURANCE PROGRAM ACCOUNT
(Legislative proposal, not subject to PAYGO)
Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in
millions of dollars)
Identification code 86–0183–2–1–371

2007 actual

2008 est.

Guaranteed loan levels supportable by subsidy budget
authority:
215002 MMI Fund ....................................................................... ................... ...................
215004 MMI HECM ...................................................................... ................... ...................
215999 Total loan guarantee levels ........................................... ................... ...................
Guaranteed loan subsidy (in percent):
232002 MMI Fund ....................................................................... ................... ...................
232004 MMI HECM ...................................................................... ................... ...................

2009 est.

30,059
40,944
71,003
¥0.16
¥1.37

232999 Weighted average subsidy rate ..................................... ................... ...................
Guaranteed loan subsidy budget authority:
233002 MMI Fund ....................................................................... ................... ...................
233004 MMI HECM ...................................................................... ................... ...................

¥0.48

233999 Total subsidy budget authority ...................................... ................... ...................
Guaranteed loan subsidy outlays:
234002 MMI Fund ....................................................................... ................... ...................
234004 MMI HECM ...................................................................... ................... ...................

¥741
¥180
¥561

234999 Total subsidy outlays ..................................................... ................... ...................

¥741

Sfmt 3643

E:\BUDGET\HUD.XXX

HUD

¥180
¥561

HOUSING PROGRAMS—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
FHA-MUTUAL MORTGAGE INSURANCE DIRECT LOAN FINANCING
ACCOUNT
Program and Financing (in millions of dollars)
Identification code 86–4242–0–3–371

2007 actual

2008 est.

2009 est.

Obligations by program activity:
00.01 Direct loans ....................................................................
3
00.02 Interest paid to Treasury ............................................... ...................
00.03 Claims & other ..............................................................
1

50
2
4

10.00

Total new obligations ................................................

567

Mortgages (PMMs) to help finance the sale of acquired single
family properties. HUD would extend credit for these singlefamily homes to community nonprofit organizations or local
government entities, which would be expected to sell the properties to low- and moderate-income buyers. The use of PMMs
provides a tool for State and local nonprofit organizations
to use in revitalizing communities, and creates enhanced
homeownership opportunities for low- and moderate-income
families.
Balance Sheet (in millions of dollars)

Budgetary resources available for obligation:
21.40 Unobligated balance carried forward, start of year
22.00 New financing authority (gross) ....................................
22.60 Portion applied to repay debt ........................................

5
6
¥2

5
105
¥49

23.90
23.95

Total budgetary resources available for obligation
Total new obligations ....................................................

9
¥4

61
¥56

24.40

Unobligated balance carried forward, end of year

New financing authority (gross), detail:
Mandatory:
67.10
Authority to borrow ....................................................
69.00
Spending authority from offsetting collections: Offsetting collections (cash) .....................................

70.00

Total new financing authority (gross) ......................

105

Change in obligated balances:
73.10 Total new obligations ....................................................
73.20 Total financing disbursements (gross) .........................

4
¥4

56
¥56

74.40

87.00

2006 actual

1
–3

1499

Net present value of assets related to direct loans ..............

–2

Total assets ..................................................................................
LIABILITIES:
2103 Federal liabilities: Federal Liabilities—Debt .............................

2999

Total liabilities .............................................................................

4999

Total liabilities and net position ...............................................

FHA-MUTUAL MORTGAGE INSURANCE GUARANTEED LOAN FINANCING
ACCOUNT
Program and Financing (in millions of dollars)

56
Identification code 86–4587–0–0–371

¥1
¥50
¥4

¥4

¥55

88.90

Total, offsetting collections (cash) .......................

Net financing authority and financing disbursements:
89.00 Financing authority ........................................................
2
90.00 Financing disbursements ............................................... ...................

50
1

Status of Direct Loans (in millions of dollars)
Identification code 86–4242–0–3–371

2007 actual

Position with respect to appropriations act limitation
on obligations:
1111 Limitation on direct loans .............................................
1142 Unobligated direct loan limitation (¥) ........................
1150

Total direct loan obligations .....................................

1210
1231
1251
1264

Cumulative balance of direct loans outstanding:
Outstanding, start of year .............................................
Disbursements: Direct loan disbursements ...................
Repayments: Repayments and prepayments .................
Write-offs for default: Other adjustments, net (+ or
-) ................................................................................

cprice-sewell on PROD1PC71 with BUDGET PAG

1290

Outstanding, end of year ..........................................

2008 est.

2009 est.

50
50
50
¥47 ................... ...................
3

6
3
¥2

1
50
¥50

¥6 ................... ...................
1

16:49 Jan 24, 2008

Jkt 214754

2007 actual

ASSETS:
1101 Federal assets: Fund balances with Treasury ..........................
Net value of assets related to post–1991 direct loans receivable:
1401 Direct loans receivable, gross ....................................................
1405 Allowance for subsidy cost (–) ..................................................

1999

Obligated balance, end of year ................................ ................... ................... ...................
Outlays (gross), detail:
Total financing disbursements (gross) .....................

Identification code 86–4242–0–3–371

PO 00000

Frm 00029

Fmt 3616

00.01
00.02
00.03

2007 actual

Obligations by program activity:
Loan guarantee default claim payments ......................
Interest on Treasury Borrowing ......................................
Other capital investment & operating expenses ...........

2008 est.

2009 est.

5,119
263
578

8,388
91
681

9,844
169
740

Subtotal, capital/operating expenses ........................
Payment of negative subsidy to capital reserve for
new business .............................................................
Reestimate of loan guarantee subsidy (downward reestimates) ..................................................................
Interest on reestimates of loan guarantee subsidy
Loan modification payment (negative subsidy) to capital reserve account 86–0236 ...................................

5,960

9,160

10,753

209

368

08.91

Direct Program by Activities—Subtotal (1 level)

768

373

10.00

Total new obligations ................................................

6,728

9,533

10,761

4,313
7,217

2,988
14,575

7,030
10,648

00.91
08.01
08.02
08.04
08.05

512
42

2 ...................
3 ...................

5 ................... ...................

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New financing authority (gross) ....................................
Resources available from recoveries of prior year obligations .......................................................................
22.60 Portion applied to repay debt ........................................

86 ................... ...................
¥1,900
¥1,000
¥1,000

23.90
23.95

Total budgetary resources available for obligation
Total new obligations ....................................................

9,716
¥6,728

16,563
¥9,533

16,678
¥10,761

24.40

Unobligated balance carried forward, end of year

2,988

7,030

5,917

21.40
22.00
22.10

New financing authority (gross), detail:
Mandatory:
67.10
Authority to borrow .................................................... ...................
1,000
1,000
Spending authority from offsetting collections:
69.00
Offsetting collections ............................................
1,350
4,555 ...................
69.00
Offsetting collections (cash) ................................
5,866
9,020
9,648
69.10
Change in uncollected customer payments from
Federal sources (unexpired) .............................
1 ................... ...................
69.90

Spending authority from offsetting collections
(total mandatory) .............................................

7,217

13,575

9,648

70.00

Total new financing authority (gross) ......................

7,217

14,575

10,648

72.40

Change in obligated balances:
Obligated balance, start of year ...................................

1,160

1,150

1,305

Sfmt 3643

E:\BUDGET\HUD.XXX

HUD

568

HOUSING PROGRAMS—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2009

FHA-MUTUAL MORTGAGE INSURANCE GUARANTEED LOAN FINANCING
ACCOUNT—Continued

Balance Sheet (in millions of dollars)
Identification code 86–4587–0–0–371

Program and Financing (in millions of dollars)—Continued
Identification code 86–4587–0–0–371

73.10
73.20
73.45
74.00

2007 actual

Total new obligations ....................................................
Total financing disbursements (gross) .........................
Recoveries of prior year obligations ..............................
Change in uncollected customer payments from Federal sources (unexpired) ............................................

2008 est.

2009 est.

6,728
9,533
10,761
¥6,651
¥9,378
¥11,025
¥86 ................... ...................
¥1 ................... ...................

74.40

Obligated balance, end of year ................................

1,150

1,305

1,041

87.00

Outlays (gross), detail:
Total financing disbursements (gross) .....................

6,651

9,378

11,025

¥1,350
¥308
¥2,148
¥3,410

88.90

¥7,216

88.95

Total, offsetting collections (cash) .......................
Against gross financing authority only:
Change in receivables from program accounts .......

4,138

1,330

4,553

93
255

38
116

341
1
2,539
–1,257

331
–1
2,710
–1,661

Net value of assets related to defaulted guaranteed loan ...
Other Federal assets: Other assets ...........................................

1,624
481

1,379
28

Total assets ..................................................................................
LIABILITIES:
Federal liabilities:
2101 Accounts payable .........................................................................
2103 Federal liabilities, Debt ...............................................................
Non-Federal liabilities:
2201 Accounts payable .........................................................................
2204 Liabilities for loan guarantees ...................................................
2207 Other ..............................................................................................

9,256

10,252

576
5,025

5
3,125

613
2,828
214

161
6,902
59

1999

¥4,555 ...................
¥420
¥522
¥2,535
¥2,860
¥6,065
¥6,266
¥13,575

¥9,648

¥1 ................... ...................

Net financing authority and financing disbursements:
89.00 Financing authority ........................................................ ...................
90.00 Financing disbursements ...............................................
¥565

1,000
¥4,197

2007 actual

5,473

1599
1901

Offsets:
Against gross financing authority and financing disbursements:
Offsetting collections (cash) from:
88.00
Transfer of Reestimates from reserves in Capital
Reserve account ...............................................
88.25
Interest on uninvested funds ...............................
88.40
Fees and premiums ..............................................
88.40
Recoveries on defaults .........................................

2006 actual

ASSETS:
Federal assets:
1101 Fund balances with Treasury .....................................................
Investments in US securities:
1106 Receivables, net ...........................................................................
Non-Federal assets:
1201 Investments in non-Federal securities, net ...............................
1206 Receivables, net ...........................................................................
Net value of assets related to post–1991 acquired defaulted
guaranteed loans receivable:
1501 Defaulted guaranteed loans receivable, gross ..........................
1502 Interest receivable ........................................................................
1504 Foreclosed property .......................................................................
1505 Allowance for subsidy cost .........................................................

2999

Total liabilities .............................................................................

9,256

10,252

4999

Total liabilities and net position ...............................................

9,256

10,252

1,000
1,377

FHA-MUTUAL MORTGAGE INSURANCE GUARANTEED LOAN
FINANCING ACCOUNT
(Legislative proposal, not subject to PAYGO)

Status of Guaranteed Loans (in millions of dollars)
Program and Financing (in millions of dollars)
Identification code 86–4587–0–0–371

2007 actual

Total guaranteed loan commitments ........................
Guaranteed amount of guaranteed loan commitments

Outstanding, end of year ..........................................

cprice-sewell on PROD1PC71 with BUDGET PAG

Memorandum:
2299 Guaranteed amount of guaranteed loans outstanding,
end of year ................................................................

2009 est.
Identification code 86–4587–2–0–371

Outstanding, end of year ......................................

16:49 Jan 24, 2008

Jkt 214754

2009 est.

412
¥1
24

185,000
¥104,723

56,519
56,519

72,172
72,172

80,277
80,277

00.91
08.01

Subtotal (capital/operating expenses) ...................... ................... ...................
Payment of negative subsidy to capital reserve account for new busines .............................................. ................... ...................

741

341,644
80,277
¥28,993

10.00

Total new obligations ................................................ ................... ...................

1,176

22.00
23.95

Budgetary resources available for obligation:
New financing authority (gross) .................................... ................... ...................
Total new obligations .................................................... ................... ...................

1,498
¥1,176

24.40

Unobligated balance carried forward, end of year ................... ...................

322

New financing authority (gross), detail:
Mandatory:
69.00
Spending authority from offsetting collections: Offsetting collections ................................................. ................... ...................

1,498

73.10
73.20

Change in obligated balances:
Total new obligations .................................................... ................... ...................
Total financing disbursements (gross) ......................... ................... ...................

1,176
¥1,204

74.40

Obligated balance, end of year ................................ ................... ...................

¥28

87.00

Outlays (gross), detail:
Total financing disbursements (gross) ..................... ................... ...................

1,204

¥9
¥1,489

88.90

¥1,498

312,277

312,277
72,172
¥30,231

¥82

¥98

¥8,186

¥9,605

¥120
¥4,186

¥141
¥4,645

341,644

378,439

341,644

331

413

PO 00000

Frm 00030

435

378,439

511

As required by the Federal Credit Reform Act of 1990,
this non-budgetary account records all cash flows to and from
the Government resulting from loans insured in 1992 and
thereafter. The amounts in this account are considered a
means of financing and are not included in the budget totals.
VerDate Aug 31 2005

2008 est.

185,000
¥112,828

Addendum:
Cumulative balance of defaulted guaranteed loans
that result in loans receivable:
2310
Outstanding, start of year ........................................
341
331
413
2331
Disbursements for guaranteed loan claims ............. ...................
82
98
2351
Repayments of loans receivable ...............................
¥104 ................... ...................
2364
Other adjustments, net .............................................
94 ................... ...................
2390

2007 actual

Obligations by program activity:
00.01 Loan guarantee default claim payments ...................... ................... ...................
00.02 Interest on Treasury Borrowing ...................................... ................... ...................
00.03 Other capital investment & operating expenses ........... ................... ...................

185,000
¥128,481

Cumulative balance of guaranteed loans outstanding:
2210 Outstanding, start of year .............................................
304,476
2231 Disbursements of new guaranteed loans ......................
56,519
2251 Repayments and prepayments ......................................
¥43,599
Adjustments:
2261
Terminations for default that result in loans receivable ....................................................................... ...................
2262
Terminations for default that result in acquisition
of property .............................................................
¥4,984
2263
Terminations for default that result in claim payments ....................................................................
¥135
2264
Other adjustments, net ............................................. ...................
2290

2008 est.

Fmt 3616

89.00
90.00

Total, offsetting collections (cash) ....................... ................... ...................

Sfmt 3643

E:\BUDGET\HUD.XXX

HUD

HOUSING PROGRAMS—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
Status of Guaranteed Loans (in millions of dollars)
88.95
Identification code 86–4587–2–0–371

2007 actual

2008 est.

2009 est.

Position with respect to appropriations act limitation
on commitments:
2111 Limitation on guaranteed loans made by private lenders .............................................................................. ................... ................... ...................
2142 Uncommitted loan guarantee limitation ....................... ................... ...................
71,003
2150
2199

Total guaranteed loan commitments ........................ ................... ...................
Guaranteed amount of guaranteed loan commitments ................... ...................

Cumulative balance of guaranteed loans outstanding:
Outstanding, start of year .............................................
Disbursements of new guaranteed loans ......................
Repayments and prepayments ......................................
Adjustments:
2261
Terminations for default that result in loans receivable .......................................................................
2262
Terminations for default that result in acquisition
of property .............................................................
2263
Terminations for default that result in claim payments ....................................................................
2210
2231
2251

71,003
71,003

Memorandum (non-add) entries:
Total investments, start of year: Federal securities:
Par value ...................................................................
92.02 Total investments, end of year: Federal securities:
Net .............................................................................
92.01

................... ...................

¥402

................... ...................

¥5

2290

Outstanding, end of year .......................................... ................... ...................

68,637

2299

Memorandum:
Guaranteed amount of guaranteed loans outstanding,
end of year ................................................................ ................... ...................

...................
...................
...................
...................

................... ...................
...................
4
................... ...................
................... ...................
4

2007 actual

21.40
22.00
22.21

21,959
1,786
¥1,350

23.90

Total budgetary resources available for obligation

22,395

69.90

cprice-sewell on PROD1PC71 with BUDGET PAG

72.40
74.00
74.40

Spending authority from offsetting collections
(total mandatory) .............................................
Change in obligated balances:
Obligated balance, start of year ...................................
Change in uncollected customer payments from Federal sources (unexpired) ............................................
Obligated balance, end of year ................................

Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash) from:
88.00
Federal sources —negative subsidy from new
business ...........................................................
88.00
Federal sources—downward reestimates ............
88.00
Federal sources—loan modification ....................
88.20
Interest on Federal securities ...............................
88.90

Total, offsetting collections (cash) .......................

VerDate Aug 31 2005

16:49 Jan 24, 2008

Jkt 214754

22,099

21,918

2007 actual

2008 est.

2009 est.

Enacted/requested:
Budget Authority ..................................................................... .................... .................... ....................
Outlays ....................................................................................
–1,724
–1,331
–954
Legislative proposal, not subject to PAYGO:
Budget Authority ..................................................................... .................... .................... ....................
Outlays .................................................................................... .................... ....................
–759

In 2002, a Capital Reserve account was established for the
Mutual Mortgage Insurance Fund. Financial reserves, including securities, of the MMI Fund were transferred from the
liquidating account to the Capital Reserve account. In 2003,
this mandatory account started earning interest on Treasury
investments, collecting negative subsidy and downward reestimates from the Financing account, and paying upward reestimates to the Program account. The Liquidating account now
only reflects cashflows related to pre–1992 books of business.
Balance Sheet (in millions of dollars)

Program and Financing (in millions of dollars)

New budget authority (gross), detail:
Mandatory:
Spending authority from offsetting collections:
69.00
Offsetting collections (cash) ................................
69.00
Offsetting collections (negative subsidy) .............
69.10
Change in uncollected customer payments from
Federal sources (unexpired) .............................

22,405

68,637

FHA-MUTUAL MORTGAGE INSURANCE CAPITAL RESERVE ACCOUNT

Unobligated balance carried forward, end of year

22,099

Summary of Budget Authority and Outlays

24.40

22,405

Total:
Budget Authority ..................................................................... .................... .................... ....................
Outlays ....................................................................................
–1,724
–1,331
–1,713

Outstanding, end of year ...................................... ................... ...................

Identification code 86–0236–0–1–371

22,030

(in millions of dollars)

¥4

2390

¥62 ................... ...................

................... ................... ...................
................... ...................
71,003
................... ...................
¥1,955

................... ...................

Addendum:
Cumulative balance of defaulted guaranteed loans
that result in loans receivable:
2310
Outstanding, start of year ........................................
2331
Disbursements for guaranteed loan claims .............
2351
Repayments of loans receivable ...............................
2364
Other adjustments, net .............................................

89.00
90.00

Against gross budget authority only:
Change in uncollected customer payments from
Federal sources (unexpired) ..................................

569

22,395

1,510
214

2008 est.

2009 est.

22,395
19,156
1,331
954
¥4,570 ...................
19,156
19,156

963
368

20,110
20,110

946
8

Identification code 86–0236–0–1–371

2006 actual

2007 actual

ASSETS:
Federal assets:
1101 Fund balances with Treasury .....................................................
Investments in US securities:
1102 Treasury securities, net ...............................................................
1106 Receivables, net ...........................................................................

21,807
775

22,214
266

1999

22,672

22,509

Total assets ..................................................................................
LIABILITIES:
2101 Federal liabilities: Accounts payable ..........................................
2999

1,330

4,553

1,330

4,553

21,342

17,956

Total liabilities .............................................................................
NET POSITION:
3300 Cumulative results of operations ...............................................
3999

Total net position ........................................................................

21,342

17,956

4999

Total liabilities and net position ...............................................

22,672

22,509

FHA-MUTUAL MORTGAGE INSURANCE CAPITAL RESERVE ACCOUNT
62 ................... ...................
1,786

1,331

954

¥199

¥261

(Legislative proposal, not subject to PAYGO)
Program and Financing (in millions of dollars)
Identification code 86–0236–2–1–371

2007 actual

2008 est.

2009 est.

Budgetary resources available for obligation:
22.00 New budget authority (gross) ........................................ ................... ...................

759

24.40

Unobligated balance carried forward, end of year ................... ...................

759

New budget authority (gross), detail:
Mandatory:
Spending authority from offsetting collections:
69.00
Offsetting collections (cash) ................................ ................... ...................
69.00
Offsetting collections (negative subsidy) ............. ................... ...................

18
741

¥62 ................... ...................
¥261

¥261

¥209
¥368
¥8
¥554
¥5 ...................
¥5 ................... ...................
¥956
¥958
¥946
¥1,724
PO 00000

¥1,331

¥954

Frm 00031

Fmt 3616

69.90

Spending authority from offsetting collections
(total mandatory) ............................................. ................... ...................
Offsets:
Against gross budget authority and outlays:

Sfmt 3643

E:\BUDGET\HUD.XXX

HUD

759

570

HOUSING PROGRAMS—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2009

FHA-MUTUAL MORTGAGE INSURANCE CAPITAL RESERVE ACCOUNT—
Continued

Status of Guaranteed Loans (in millions of dollars)
Identification code 86–4070–0–3–371

Program and Financing (in millions of dollars)—Continued
Identification code 86–0236–2–1–371

88.00
88.00
88.20
88.90

2007 actual

2008 est.

2009 est.

Offsetting collections (cash) from:
Federal sources —negative subsidy from new
business ........................................................... ................... ...................
¥741
Federal sources—downward reestimates ............ ................... ................... ...................
Interest on Federal securities ............................... ................... ...................
¥18
Total, offsetting collections (cash) ....................... ................... ...................

¥759

FHA-MUTUAL MORTGAGE AND COOPERATIVE HOUSING INSURANCE
FUNDS LIQUIDATING ACCOUNT

Identification code 86–4070–0–3–371

2007 actual

2008 est.

2009 est.

Obligations by program activity:
01.03 Acquisition of real properties ........................................
01.07 Capitalized expenses .....................................................
01.08 Loss mitigation activities ..............................................

33
2
3

01.91
02.02

Total capital investment ...........................................
Other Operation expenses ..............................................

38
119
55
29 ................... ...................

10.00

Total new obligations ................................................

88
14
17

119

35
13
7

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
46
64
20
New budget authority (gross) ........................................
59
60
52
Resources available from recoveries of prior year obligations .......................................................................
26 ................... ...................
22.22 Unobligated balance transferred from other accounts ...................
15 ...................

cprice-sewell on PROD1PC71 with BUDGET PAG

21.40
22.00
22.10

23.90
23.95

Total budgetary resources available for obligation
Total new obligations ....................................................

131
¥67

139
¥119

72
¥55

24.40

Unobligated balance carried forward, end of year

New budget authority (gross), detail:
Mandatory:
69.00
Spending authority from offsetting collections: Offsetting collections (cash) .....................................

72.40
73.10
73.20
73.45

74.40

Obligated balance, end of year ................................

211

223

86.97
86.98

Outlays (gross), detail:
Outlays from new mandatory authority .........................
Outlays from mandatory balances ................................

59
3

60
47

52
3

87.00

Total outlays (gross) .................................................

107

232
211
223
67
119
55
¥62
¥107
¥55
¥26 ................... ...................

Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash) from:
88.40
Fees and premiums .............................................. ...................
¥13
¥9
88.40
Recoveries on defaulted mortgages .....................
¥51
¥47
¥43
88.40
Other .....................................................................
¥8 ................... ...................
88.90

Total, offsetting collections (cash) .......................

¥59

¥60

¥52

16:49 Jan 24, 2008

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12,773
¥2,868

2008 est.

9,872
¥2,011

2009 est.

7,773
¥1,589

¥33

¥88

¥35

2290

Outstanding, end of year ..........................................

9,872

7,773

6,149

2299

Memorandum:
Guaranteed amount of guaranteed loans outstanding,
end of year ................................................................

9,872

7,773

6,149

Addendum:
Cumulative balance of defaulted guaranteed loans
that result in loans receivable:
2310
Outstanding, start of year ........................................
7
10 ...................
2331
Disbursements for guaranteed loan claims .............
2
10
4
2361
Write-offs of loans receivable ................................... ...................
¥20
¥4
2364
Other adjustments, net .............................................
1 ................... ...................
2390

Program and Financing (in millions of dollars)

2007 actual

Outstanding, end of year ......................................

10 ................... ...................

The Federal Housing Administration Fund currently consists of four separate insurance funds.
In order to present more clearly the operations of the various funds, FHA’s budget transactions are separated into two
major business segments. The basic single-family insurance
programs in the Mutual Mortgage Insurance (MMI) fund and
the multifamily Cooperative Management Housing Insurance
(CMHI) funds form one segment. All other multifamily and
other specialized insurance programs in the General Insurance and Special Risk Insurance funds (GI/SRI) form the
other segment.
The Federal Credit Reform Act of 1990 creates a structure
of three accounts for existing credit program. For each of
the FHA business segments (MMI/CMHI and GI/SRI) there
is a liquidating account, which records the revenues and costs
associated with loan insurance committed prior to October
1, 1991, a financing account which records the revenues and
costs associated with commitments to insure loans made after
September 30, 1991, and, a program account which records
the transactions associated with the program subsidy costs,
if any, and the costs of administering the program.
This liquidating account records, for this program, all cash
flows to and from the Government resulting from MMI/CMHI
loans insured prior to 1992 and is shown on a cash basis.
All new activity in this program in 1992 and thereafter (including modifications of loans insured in any year) is recorded
in the corresponding program (86–0183) and financing (86–
4587 and 86–4242) accounts.
In 2002, the MMI Capital Reserve account was established
to maintain reserves required by statute that were previously
deposited in the liquidating account.
The program activity in the ‘‘Program Highlights’’ table
shown below reflects only the activity in the MMI/CMHI liquidating and financing accounts. The GI/SRI program activity
can be found with the GI/SRI liquidating account (86–4072)
and financing account (86–4077).
PROGRAM HIGHLIGHTS
(in millions of dollars)
2007 actual

Mortgage insurance written (in fiscal year):
Purchase and Refinance ...........................................
Home Equity Conversion Mortgages (Maximum
Claim Amounts) ....................................................
Units
Purchase and Refinance ...........................................
Home Equity Conversion Mortgages ..........................
Sfmt 3657

E:\BUDGET\HUD.XXX

HUD

2008 est.

2009 est.

$56,519

$72,172

$110,336

$40,944

402,140
NA

516,697
NA

697,805
173,799

HOUSING PROGRAMS—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
Insurance maintenance: Outstanding balance of insurance in force, end of year:
Purchase and Refinance ...........................................

$322,149

$349,417

$411,848

Financial Condition.—The following tables reflect the revenues, expenses and financial condition of the MMI/CMHI liquidating funds based on Generally Accepted Accounting Principles.
Balance Sheet (in millions of dollars)
Identification code 86–4070–0–3–371

ASSETS:
1101 Federal assets: Fund balances with Treasury ..........................
1206 Non-Federal assets: Receivables, net ........................................
1601 Direct loans, gross ......................................................................
1701 Defaulted guaranteed loans, gross ............................................
1702 Interest receivable ........................................................................
1703 Allowance for estimated uncollectible loans and interest (–)
1704
1706
1799
1901

2006 actual

2007 actual

279
21
3
7
....................
–3

276
3
....................
10
5
–2

4
6

13
4

Defaulted guaranteed loans and interest receivable, net .......
Foreclosed property .......................................................................
Value of assets related to loan guarantees ............................
Other Federal assets: Other assets ...........................................

10
6

17
–3

Total assets ..................................................................................
LIABILITIES:
Non-Federal liabilities:
2201 Accounts payable .........................................................................
2204 Liabilities for loan guarantees ...................................................
2207 Unearned revenue and advances, and other ............................

319

293

196
51
35

185
89
28

2999

282

302

–9

1999

Total net position ........................................................................

–9

4999

Total liabilities and net position ...............................................

319

293

Object Classification (in millions of dollars)
Identification code 86–4070–0–3–371

2007 actual

2008 est.

2009 est.

Direct obligations:
25.2 Other services ................................................................
32.0 Land and structures ......................................................
42.0 Insurance claims and indemnities ................................

29 ................... ...................
35
102
47
3
17
8

99.9

contract expenses shall be available for each $1,000,000 in additional
guaranteed loan commitments over $8,426,000,000 (including a pro
rata amount for any increment below $1,000,000), but in no case
shall funds made available by this proviso exceed $14,400,000.
øFor discount sales of multifamily real property under sections
207(1) or 246 of the National Housing Act (12 U.S.C. 1713(l), 1715z–
11), section 203 of the Housing and Community Development Amendments of 1978 (12 U.S.C. 1701z–11), or section 204 of the Departments of Veterans Affairs and Housing and Urban Development,
and Independent Agencies Appropriations Act, 1997 (12 U.S.C.
1715z–11a), and for discount loan sales under section 207(k) of the
National Housing Act (12 U.S.C. 1713(k)), section 203(k) of the Housing and Community Development Amendments of 1978 (12 U.S.C.
1701z–11(k)), or section 204(a) of the Departments of Veterans Affairs
and Housing and Urban Development, and Independent Agencies
Act, 1997 (12 U.S.C. 1715z–11a(a)), $5,000,000, to remain available
until September 30, 2009.¿ (Department of Housing and Urban Development Appropriations Act, 2008.)
Program and Financing (in millions of dollars)
Identification code 86–0200–0–1–371

119

2007 actual

2008 est.

2009 est.

Obligations by program activity:
00.02 Guaranteed loan subsidy ...............................................
5
14
19
00.07 Reestimate of credit subsidy .........................................
107
272 ...................
00.08 Interest on reestimates of loan guarantee subsidy
2
29 ...................
00.10 Administrative contract expenses ..................................
61
62
49
00.12 Discount Loan Sales ...................................................... ................... ................... ...................
10.00

Total new obligations ................................................

21.40
22.00
22.10

175

377

56
186

24
377

24
58

5 ................... ...................

23.90
23.95
23.98

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance expiring or withdrawn .................

24.40

Unobligated balance carried forward, end of year

317
¥240

43.00
Total new obligations ................................................

571

247
401
82
¥175
¥377
¥68
¥48 ................... ...................
14

92
58
¥16 ...................

60.00

Appropriation (total discretionary) ........................
Mandatory:
Appropriation .............................................................

109

301 ...................

70.00

Total new budget authority (gross) ..........................

186

377

72.40
73.10
73.20
73.40
73.45

74.40

Obligated balance, end of year ................................

100

105

86.90
86.93
86.97

8
48
109

54
44
17
32
301 ...................

87.00

Total outlays (gross) .................................................

165

372

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

186
165

377
372

58
76

GENERAL

AND

SPECIAL RISK PROGRAM ACCOUNT

cprice-sewell on PROD1PC71 with BUDGET PAG

(INCLUDING TRANSFERS OF FUNDS)

For the cost of guaranteed loans, as authorized by sections 238
and 519 of the National Housing Act (12 U.S.C. 1715z–3 and 1735c),
including the cost of loan guarantee modifications, as that term is
defined in section 502 of the Congressional Budget Act of 1974, as
amended, $8,600,000, to remain available until expended: Provided,
That commitments to guarantee loans shall not exceed
ø$45,000,000,000¿ $35,000,000,000 in total loan principal, any part
of which is to be guaranteed.
Gross obligations for the principal amount of direct loans, as authorized by sections 204(g), 207(l), 238, and 519(a) of the National
Housing Act, shall not exceed $50,000,000, of which not to exceed
$30,000,000 shall be for bridge financing in connection with the sale
of multifamily real properties owned by the Secretary and formerly
insured under such Act; and of which not to exceed $20,000,000
shall be for loans to nonprofit and governmental entities in connection
with the sale of single-family real properties owned by the Secretary
and formerly insured under such Act.
For administrative øcontract¿ expenses necessary to carry out the
guaranteed and direct loan programs, ø$78,111,000, of which not
to exceed $15,692,000 may be transferred to the Working Capital
Fund¿ $48,871,000, of which at least $47,871,000 shall be for administrative contracts and up to $1,000,000 shall be for consumer education and outreach for FHA loan products: Provided, That to the
extent guaranteed loan commitments exceed $8,426,000,000 on or
before April 1, ø2008¿ 2009, an additional $1,980 for administrative
VerDate Aug 31 2005

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101
100
105
175
377
68
¥165
¥372
¥76
¥6 ................... ...................
¥5 ................... ...................
97

Summary of Budget Authority and Outlays
(in millions of dollars)
2007 actual

2008 est.

2009 est.

Enacted/requested:
Budget Authority .....................................................................
186
377
58
Outlays ....................................................................................
165
372
76
Legislative proposal, not subject to PAYGO:
Budget Authority ..................................................................... .................... .................... ....................
Sfmt 3647

E:\BUDGET\HUD.XXX

HUD

572

HOUSING PROGRAMS—Continued
Federal Funds—Continued

GENERAL

AND

THE BUDGET FOR FISCAL YEAR 2009
234015
234016
234017
234018

SPECIAL RISK PROGRAM ACCOUNT—Continued

(INCLUDING TRANSFERS OF FUNDS)—Continued

Summary of Budget Authority and Outlays—Continued
(in millions of dollars)
2007 actual

2008 est.

Outlays .................................................................................... .................... ....................
Total:
Budget Authority .....................................................................
Outlays ....................................................................................

186
165

2009 est.

2007 actual

¥815

Guaranteed loan levels supportable by subsidy budget
authority:
215001 Multifamily Development ...............................................
215002 221(d)(3) Cooperatives ..................................................
215003 Tax Credit New Construction .........................................
215005 Apartments Refinance ...................................................
215006 241 Supplemental Loans ...............................................
215007 Multifamily Operating Loss Loans .................................
215008 Housing Finance Authority Risk Sharing .......................
215009 GSE Risk Sharing ...........................................................
215010 Health Care and Nursing Homes ...................................
215011 Health Care Refinances .................................................
215012 Hospitals ........................................................................
215013 Other Rental ...................................................................
215014 Section 234: Condominiums ..........................................
215015 Section 203(k): Rehabilitation Mortgages .....................
215016 Home Equity Conversion Mortgages ..............................
215017 Title 1 Property Improvement ........................................
215018 Title 1 Manufactured Housing .......................................

58
61

cprice-sewell on PROD1PC71 with BUDGET PAG

2009 est.

800
4
661
1,378
8
7
112
15
320
863
647
2
2,879
442
24,694
42
53

900
10
700
1,500
10
15
120
15
500
1,150
1,100
15
3,657
539
28,990
54
71

1,000
10
720
1,600
10
15
120
15
500
1,300
1,100
15
4,068
649
33,338
54
71

32,927

39,346

44,585

¥0.61
6.31
¥2.78
¥1.63
3.93
16.55
¥0.68
¥0.89
¥2.42
¥0.91
¥1.83
¥1.56
¥1.49
0.31
¥2.82
0.97
0.83

¥0.83
5.67
¥3.20
¥2.75
2.99
15.43
¥1.25
¥1.42
¥0.68
¥1.58
¥2.66
¥1.82
¥0.88
1.89
¥1.90
0.52
0.13

¥1.10
5.84
¥3.20
¥3.29
1.97
22.18
¥1.17
¥1.43
¥0.74
¥2.09
¥2.51
¥2.14
¥0.12
2.29
¥1.37
¥0.52
¥0.14

232999 Weighted average subsidy rate .....................................
Guaranteed loan subsidy budget authority:
233001 Multifamily Development ...............................................
233002 221(d)(3) Cooperatives ..................................................
233003 Tax Credit New Construction .........................................
233005 Apartments Refinance ...................................................
233007 Multifamily Operating Loss Loans .................................
233008 Housing Finance Authority Risk Sharing .......................
233010 Health Care and Nursing Homes ...................................
233011 Health Care Refinances .................................................
233012 Hospitals ........................................................................
233014 Section 234: Condominiums ..........................................
233015 Section 203(k): Rehabilitation Mortgages .....................
233016 Home Equity Conversion Mortgages ..............................
233017 Title 1 Property Improvement ........................................
233018 Title 1 Manufactured Housing .......................................

¥2.46

¥1.76

¥1.32

233999 Total subsidy budget authority ......................................
Guaranteed loan subsidy outlays:
234001 Multifamily Development ...............................................
234002 221(d)(3) Cooperatives ..................................................
234003 Tax Credit New Construction .........................................
234005 Apartments Refinance ...................................................
234007 Multifamily Operating Loss Loans .................................
234008 Housing Finance Authority Risk Sharing .......................
234010 Health Care and Nursing Homes ...................................
234011 Health Care Refinances .................................................
234012 Hospitals ........................................................................
234014 Section 234: Condominiums ..........................................

¥813

¥693

¥591

¥3
1
¥19
¥26
1
¥1
¥8
¥9
¥15
¥43

¥7
1
¥19
¥31
2
¥1
¥3
¥14
¥22
¥32

¥10
1
¥23
¥50
3
¥1
¥4
¥25
¥28
¥5

Frm 00034

Fmt 3616

215999 Total loan guarantee levels ...........................................
Guaranteed loan subsidy (in percent):
232001 Multifamily Development ...............................................
232002 221(d)(3) Cooperatives ..................................................
232003 Tax Credit New Construction .........................................
232005 Apartments Refinance ...................................................
232006 241 Supplemental Loans ...............................................
232007 Multifamily Operating Loss Loans .................................
232008 Housing Finance Authority Risk Sharing .......................
232009 GSE Risk Sharing ...........................................................
232010 Health Care and Nursing Homes ...................................
232011 Health Care Refinances .................................................
232012 Hospitals ........................................................................
232013 Other Rental ...................................................................
232014 Section 234: Condominiums ..........................................
232015 Section 203(k): Rehabilitation Mortgages .....................
232016 Home Equity Conversion Mortgages ..............................
232017 Title 1 Property Improvement ........................................
232018 Title 1 Manufactured Housing .......................................

VerDate Aug 31 2005

16:49 Jan 24, 2008

Jkt 214754

¥5
¥8
¥11
1
1
1
¥21
¥22
¥23
¥24
¥42
¥53
1
2
3
¥1
¥2
¥1
¥9
¥3
¥4
¥6
¥18
¥27
¥13
¥29
¥28
¥43
¥32
¥5
1
11
15
¥696
¥551
¥457
1 ................... ...................
1 ................... ...................

PO 00000

¥667

¥584

109

301 ...................

235999 Total upward reestimate budget authority ....................
Guaranteed loan downward reestimates:
237023 GI/SRI Reestimates ........................................................

109

301 ...................

¥1,746

¥897 ...................

237999 Total downward reestimate subsidy budget authority

¥1,746

¥897 ...................

68
47
4

–15

377
372

2008 est.

1
10
15
¥696
¥551
¥457
1 ................... ...................
1 ................... ...................

234999 Total subsidy outlays .....................................................
Guaranteed loan upward reestimates:
235023 GI/SRI Reestimates ........................................................

Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in
millions of dollars)
Identification code 86–0200–0–1–371

Section 203(k): Rehabilitation Mortgages .....................
Home Equity Conversion Mortgages ..............................
Title 1 Property Improvement ........................................
Title 1 Manufactured Housing .......................................

3510
3580
3590

62
10
47

49
15
37

This account includes budget authority for insurance programs requiring positive credit subsidies, as well
asadministrative contract costs for all General and Special
Risk Insurance Fund programs. Unlike previous years, this
account no longer receives appropriations for Departmental
personnel costs, illustrated by the considerable reduction in
both total budget authority and obligation activities in both
2008 and 2009.
As required by the Federal Credit Reform Act of 1990,
this account records, for the single family, multifamily, hospital, and Title I insurance programs of FHA’s General Insurance and Special Risk Insurance Funds, the subsidy costs
associated with the loan guarantees committed or direct loans
obligated in 1992 and thereafter (including modifications of
loan guarantees or direct loans that resulted from obligations
or commitments in any year), as well as administrative expenses of these programs. The subsidy amounts are estimated
on a present value basis; the administrative expenses are
accounted for on a cash basis.
The Budget proposes a consolidation of FHA single-family
programs under the Mutual Mortgage Insurance fund, which
would shift several programs—including condominium mortgage insurance and home equity conversion mortgage (HECM)
insurance—currently administered through this account, as
reflected in separate schedules in this section.
Object Classification (in millions of dollars)
Identification code 86–0200–0–1–371

2007 actual

2008 est.

2009 est.

Direct obligations:
25.1 Advisory and assistance services ..................................
41.0 Grants, subsidies, and contributions ............................

61
114

62
315

49
19

99.9

175

377

Total new obligations ................................................

FHA-GENERAL

AND

SPECIAL RISK PROGRAM ACCOUNT

(Legislative proposal, not subject to PAYGO)
Program and Financing (in millions of dollars)
Identification code 86–0200–2–1–371

2007 actual

2008 est.

2009 est.

Obligations by program activity:
00.02 Guaranteed loan subsidy ............................................... ................... ...................

¥15

10.00

¥15

21.40
23.95

Total new obligations (object class 41.0) ................ ................... ...................

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year ................... ................... ...................
Total new obligations .................................................... ................... ...................
15

24.40

Unobligated balance carried forward, end of year ................... ...................

73.10
73.20

¥15
15

Sfmt 3643

E:\BUDGET\HUD.XXX

HUD

HOUSING PROGRAMS—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

86.93

Outlays (gross), detail:
Outlays from discretionary balances ............................. ................... ...................

Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in
millions of dollars)
2007 actual

2008 est.

Guaranteed loan levels supportable by subsidy budget
authority:
215014 Section 234: Condominiums .......................................... ................... ...................
215015 Section 203(k): Rehabilitation Mortgages ..................... ................... ...................
215016 Home Equity Conversion Mortgages .............................. ................... ...................

2009 est.

¥4,068
¥649
¥33,338

................... ...................

¥38,055

................... ...................
................... ...................
................... ...................

0.12
¥2.29
1.37

232999 Weighted average subsidy rate .....................................
Guaranteed loan subsidy budget authority:
233014 Section 234: Condominiums ..........................................
233015 Section 203(k): Rehabilitation Mortgages .....................
233016 Home Equity Conversion Mortgages ..............................

................... ...................

¥0.88

................... ...................
................... ...................
................... ...................

5
¥15
457

233999 Total subsidy budget authority ......................................
Guaranteed loan subsidy outlays:
234014 Section 234: Condominiums ..........................................
234015 Section 203(k): Rehabilitation Mortgages .....................
234016 Home Equity Conversion Mortgages ..............................

................... ...................

447

................... ...................
................... ...................
................... ...................

5
¥15
457

234999 Total subsidy outlays ..................................................... ................... ...................

447

215999 Total loan guarantee levels ...........................................
Guaranteed loan subsidy (in percent):
232014 Section 234: Condominiums ..........................................
232015 Section 203(k): Rehabilitation Mortgages .....................
232016 Home Equity Conversion Mortgages ..............................

FHA-GENERAL

AND

Program and Financing (in millions of dollars)
2007 actual

Capital investment, claims and other
00.01 Default claims ...............................................................
802
00.02 Interest paid to Treasury ...............................................
104
00.03 Other capital investments and operating expenses
39
00.09 Asset sale negative subsidy payment to the receipt
account ...................................................................... ...................
00.14 Contract Costs ...............................................................
77

2,201
100
85

8
15

9
15

Direct Program by Activities—Subtotal (1 level)

2,756

1,604

609

10.00

Total new obligations ................................................

3,778

3,294

3,019

2,714
2,138

1,085
2,967

758
2,733

1,022
1,690
2,410
817
707
609
1,360
634 ...................
386
263 ...................
193 ................... ...................

39 ................... ...................
¥28 ................... ...................

23.90
23.95

Total budgetary resources available for obligation
Total new obligations ....................................................

4,863
¥3,778

4,052
¥3,294

3,491
¥3,019

24.40

Unobligated balance carried forward, end of year

1,085

758

472

VerDate Aug 31 2005

16:49 Jan 24, 2008

Jkt 214754

¥200

69.90

Spending authority from offsetting collections
(total mandatory) .............................................

1,536

2,167

1,933

70.00

Total new financing authority (gross) ......................

2,138

2,967

2,733

72.40
73.10
73.20
73.45
74.00

Change in obligated balances:
Obligated balance, start of year ...................................
Total new obligations ....................................................
Total financing disbursements (gross) .........................
Recoveries of prior year obligations ..............................
Change in uncollected customer payments from Federal sources (unexpired) ............................................

2 ................... ...................
600
800
800
1,884

2,367

2,133

37 ................... ...................
PO 00000

211
148
323
3,778
3,294
3,019
¥3,765
¥3,119
¥2,916
¥39 ................... ...................
¥37 ................... ...................

74.40

Obligated balance, end of year ................................

148

323

426

87.00

Outlays (gross), detail:
Total financing disbursements (gross) .....................

3,765

3,119

2,916

Offsets:
Against gross financing authority and financing disbursements:
Offsetting collections (cash) from:
88.00
Payments from program account .........................
¥5
¥13
¥19
88.00
Gross Proceeds from sale of mortgage notes
(liquidating) ...................................................... ...................
¥8
¥9
88.00
Subsidy reestimate from program account ..........
¥109
¥301 ...................
88.00
Payment from Liquidating Acct from legislative
savings .............................................................
¥119 ................... ...................
88.00
Federal sources -other ..........................................
¥3 ................... ...................
88.25
Interest on uninvested funds ...............................
¥107
¥110
¥110
88.40
Fees and premiums ..............................................
¥958
¥1,182
¥1,323
88.40
Recoveries on defaulted mortgages .....................
¥143
¥5
¥61
88.40
Title I recoveries ...................................................
¥13
¥2
¥2
88.40
Single family property recoveries .........................
¥135
¥579
¥409
88.40
Gross Proceeds from Mortgage Note Sales ..........
¥230
¥101
¥133
88.40
Multifamily property recoveries ............................. ...................
¥1
¥2
88.40
Non-Federal Resources-other ................................
¥62
¥65
¥65

88.95

Total, offsetting collections (cash) .......................
Against gross financing authority only:
Change in receivables from program accounts .......

89.00
90.00

Net financing authority and financing disbursements:
Financing authority ........................................................
Financing disbursements ...............................................

¥1,884

¥2,367

¥2,133

¥37 ................... ...................

217
1,881

600
752

600
783

Status of Guaranteed Loans (in millions of dollars)
1,457
100
110

08.91

New financing authority (gross), detail:
Mandatory:
60.00
Appropriation .............................................................
67.10
Authority to borrow ....................................................
Spending authority from offsetting collections:
69.00
Offsetting collections (cash) ................................
69.10
Change in uncollected customer payments from
Federal sources (unexpired) .............................

¥385

2009 est.

Direct Program by Activities—Subtotal (1 level)
Payment of negative subsidy to receipt account ..........
Downward subsidy rate reestimate ...............................
Interest on subsidy rate reestimates ............................
Payment of Subsidy to receipt account for savings

2008 est.

00.91
08.01
08.02
08.04
08.05

21.40
22.00
22.10

Portion applied to repay debt ...............................

88.90

SPECIAL RISK GUARANTEED LOAN FINANCING
ACCOUNT

Identification code 86–4077–0–3–371

69.47
¥15

Identification code 86–0200–2–1–371

573

Frm 00035

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Identification code 86–4077–0–3–371

2007 actual

Total guaranteed loan commitments ........................
Guaranteed amount of guaranteed loan commitments

2008 est.

2009 est.

45,000
¥12,073

45,000
¥5,654

45,000
¥415

32,927
32,297

39,346
39,346

44,585
44,485

91,180
33,060
¥21,247

102,191
25,596
¥14,550

111,774
27,243
¥12,295

¥603

¥1,045

¥1,703

¥196

¥412

¥497

¥3

¥6

¥7

2290

Outstanding, end of year ..........................................

102,191

111,774

124,515

2299

Memorandum:
Guaranteed amount of guaranteed loans outstanding,
end of year ................................................................

93,420

111,774

124,515

Addendum:
Cumulative balance of defaulted guaranteed loans
that result in loans receivable:
2310
Outstanding, start of year ........................................
2331
Disbursements for guaranteed loan claims .............
2351
Repayments of loans receivable ...............................
2361
Write-offs of loans receivable ...................................

577
603
¥380
¥258

542
1,045
¥137
¥24

1,426
1,703
¥103
¥21

Sfmt 3643

E:\BUDGET\HUD.XXX

HUD

574

HOUSING PROGRAMS—Continued
Federal Funds—Continued

FHA-GENERAL

THE BUDGET FOR FISCAL YEAR 2009
69.00

SPECIAL RISK GUARANTEED LOAN FINANCING
ACCOUNT—Continued

AND

Status of Guaranteed Loans (in millions of dollars)—Continued
Identification code 86–4077–0–3–371

2390

2007 actual

Outstanding, end of year ......................................

2008 est.

542

1,426

2009 est.

3,005

As required by the Federal Credit Reform Act of 1990,
this non-budgetary account records all cash flows to and from
the Government resulting from loan guarantees committed
in 1992 and thereafter (including modifications of loan guarantees that resulted from commitments in any year) for FHA’s
General and Special Risk Insurance Fund programs. The
amounts in this account are a means of financing and are
not included in the budget totals. As required by the Federal
Credit Reform Act of 1990, no administrative expenses can
be recorded in the financing account.
Balance Sheet (in millions of dollars)
Identification code 86–4077–0–3–371

2006 actual

2007 actual

2,924

1,231

109

301

2
10

80
–1

576
48
350
–633

542
187
330
–118

Net value of assets related to defaulted guaranteed loan ...
Other Federal assets: Other assets ...........................................

341
23

941
51

Total assets ..................................................................................
LIABILITIES:
Federal liabilities:
2101 Accounts payable Intragovernmental ..........................................
2103 Debt ...............................................................................................
2105 Other Federal Liabilities ..............................................................
Non-Federal liabilities:
2201 Accounts payable .........................................................................
2202 Interest payable ............................................................................
2203 Non Federal Debt .........................................................................
2204 Liabilities for loan guarantees ...................................................
2207 Other ..............................................................................................

3,409

2,603

1,809
1,230
8

897
1,445
....................

21
12
33
156
140

16
....................
5
158
82

1599
1901
1999

2999

Total liabilities .............................................................................

3,409

2,603

4999

Total liabilities and net position ...............................................

3,409

2,603

FHA-GENERAL

AND

SPECIAL RISK GUARANTEED LOAN FINANCING
ACCOUNT

(Legislative proposal, not subject to PAYGO)
Program and Financing (in millions of dollars)
Identification code 86–4077–2–3–371

2007 actual

2008 est.

cprice-sewell on PROD1PC71 with BUDGET PAG

Capital investment, claims and other
00.01 Default claims ............................................................... ................... ...................
00.03 Other capital investments and operating expenses ................... ...................

2009 est.

¥58
¥7

00.91
08.01

Direct Program by Activities—Subtotal (1 level) ................... ...................
Payment of negative subsidy to receipt account .......... ................... ...................

¥65
¥462

10.00

Total new obligations ................................................ ................... ...................

¥527

22.00
23.95

¥762
527

24.40

Unobligated balance carried forward, end of year ................... ...................

¥235

73.10
73.20

Spending authority from offsetting collections: Offsetting collections (cash) ..................................... ................... ...................

¥762

¥527
527

74.40

87.00

Offsets:
Against gross financing authority and financing disbursements:
Offsetting collections (cash) from:
88.00
Payments from program account .........................
88.00
Gross Proceeds from sale of mortgage notes
(liquidating) ......................................................
88.00
Subsidy reestimate from program account ..........
88.00
Federal Resources -Other .....................................
88.00
Payment from Liquidating Acct from legislative
savings .............................................................
88.40
Fees and premiums ..............................................
88.40
Recoveries on defaulted mortgages .....................
88.40
Title I recoveries ...................................................
88.40
Single family property recoveries .........................
88.40
Gross Proceeds from Mortgage Note Sales ..........
88.40
Multifamily property recoveries .............................
88.40
Non-Federal Resources-other ................................
88.90

89.00
90.00

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................... ................... ...................
................... ................... ...................
................... ................... ...................
...................
...................
...................
...................
...................
...................
...................
...................

...................
711
...................
...................
36
...................
...................
...................

Total, offsetting collections (cash) ....................... ................... ...................

762

Status of Guaranteed Loans (in millions of dollars)
Identification code 86–4077–2–3–371

2007 actual

2008 est.

2009 est.

Position with respect to appropriations act limitation
on commitments:
2111 Limitation on guaranteed loans made by private lenders .............................................................................. ................... ...................
2142 Uncommitted loan guarantee limitation ....................... ................... ...................

¥10,000
¥28,055

2150
2199

¥38,055
¥38,055

Total guaranteed loan commitments ........................ ................... ...................
Guaranteed amount of guaranteed loan commitments ................... ...................

................... ................... ...................
................... ...................
¥20,805
................... ...................
8,053

................... ................... ...................
................... ...................

................... ................... ...................

2290

Outstanding, end of year .......................................... ................... ...................

¥12,695

2299

Memorandum:
Guaranteed amount of guaranteed loans outstanding,
end of year ................................................................ ................... ...................

¥12,695

Addendum:
Cumulative balance of defaulted guaranteed loans
that result in loans receivable:
2310
Outstanding, start of year ........................................
2331
Disbursements for guaranteed loan claims .............
2351
Repayments of loans receivable ...............................
2361
Write-offs of loans receivable ...................................
2390

16:49 Jan 24, 2008

...................
...................
...................
...................
...................
...................
...................
...................

Sfmt 3643

...................
...................
...................
...................

Outstanding, end of year ...................................... ................... ................... ...................

New financing authority (gross), detail:
Mandatory:
VerDate Aug 31 2005

................... ...................

¥527

E:\BUDGET\HUD.XXX

HUD

HOUSING PROGRAMS—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
FHA-GENERAL

AND

SPECIAL RISK DIRECT LOAN FINANCING
ACCOUNT

program for purchase money mortgages, as discussed in the
preceding section for the Mutual Mortgage Insurance Fund.

Program and Financing (in millions of dollars)
Identification code 86–4105–0–3–371

2007 actual

f
2008 est.

2009 est.

FHA-LOAN GUARANTEE RECOVERY FUND FINANCING ACCOUNT

Obligations by program activity:
00.01 Direct loans .................................................................... ...................

10.00

Total new obligations ................................................ ...................

Program and Financing (in millions of dollars)
Identification code 86–4106–0–3–371

Budgetary resources available for obligation:
22.00 New financing authority (gross) .................................... ...................
23.95 Total new obligations .................................................... ...................
24.40

1
¥1

Unobligated balance carried forward, end of year ................... ................... ...................

New financing authority (gross), detail:
Mandatory:
67.10
Authority to borrow .................................................... ...................
Spending authority from offsetting collections:
69.00
Offsetting collections (cash) ................................ ...................
69.47
Portion applied to repay debt ............................... ...................
69.90

1
¥1

Spending authority from offsetting collections
(total mandatory) ............................................. ................... ................... ...................

4
1

5
1

23.90

Total budgetary resources available for obligation

24.40

Unobligated balance carried forward, end of year

New financing authority (gross), detail:
Mandatory:
69.00
Spending authority from offsetting collections: Offsetting collections (cash) .....................................

Change in obligated balances:
Obligated balance, start of year ...................................
¥1
Total financing disbursements (gross) ......................... ...................

¥1
¥1

¥2
¥1

¥1

¥2

¥3

Outlays (gross), detail:
Total financing disbursements (gross) ..................... ...................

72.40
73.20

73.10
73.20

Change in obligated balances:
Total new obligations .................................................... ...................
Total financing disbursements (gross) ......................... ...................

1
¥1

74.40

87.00

Outlays (gross), detail:
Total financing disbursements (gross) ..................... ...................

87.00

¥1

Net financing authority and financing disbursements:
89.00 Financing authority ........................................................ ................... ................... ...................
90.00 Financing disbursements ............................................... ................... ................... ...................

2009 est.

3
1

Total, offsetting collections (cash) ....................... ...................

2008 est.

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New financing authority (gross) ....................................

Total new financing authority (gross) ...................... ...................

Offsets:
Against gross financing authority and financing disbursements:
Offsetting collections (cash) from:
88.40
Repayment of Principal ........................................ ...................
¥1
¥1
88.40
Repayment of interest .......................................... ................... ................... ...................

2007 actual

21.40
22.00

70.00

88.90

575

Obligated balance, end of year ................................

Offsets:
Against gross financing authority and financing disbursements:
Offsetting collections (cash) from:
88.00
Federal sources .....................................................
¥1 ................... ...................
88.25
Interest on uninvested funds ............................... ...................
¥1
¥1
88.90

89.00
90.00

Total, offsetting collections (cash) .......................

¥1

Status of Direct Loans (in millions of dollars)
Identification code 86–4105–0–3–371

2007 actual

cprice-sewell on PROD1PC71 with BUDGET PAG

1150

2008 est.

Status of Guaranteed Loans (in millions of dollars)

2009 est.

Identification code 86–4106–0–3–371

50
¥50

50
¥49

Total direct loan obligations ..................................... ...................

1210
1231
1251

Cumulative balance of direct loans outstanding:
Outstanding, start of year ............................................. ................... ................... ...................
Disbursements: Direct loan disbursements ................... ................... ................... ...................
Repayments: Repayments and prepayments ................. ................... ................... ...................

1290

Outstanding, end of year .......................................... ................... ................... ...................

As required by the Federal Credit Reform Act of 1990,
this non-budgetary account records all cash flows to and from
the Government resulting from direct loans obligated in 1992
and thereafter (including loan modifications) for FHA’s General Insurance and Special Risk Insurance Fund programs.
The amounts in this account are a means of financing and
are not included in the budget totals. As required by the
Federal Credit Reform Act of 1990, no administrative expenses can be recorded in the financing account.
This schedule includes two direct loan programs. One provides bridge loan financing to facilitate the disposition of multifamily housing owned by the Department to non-profit organizations who agree to preserve it as affordable rental or
cooperative housing. The second is a single-family direct loan
VerDate Aug 31 2005

16:49 Jan 24, 2008

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2007 actual

2008 est.

2009 est.

Position with respect to appropriations act limitation
on commitments:
2111 Limitation on guaranteed loans made by private lenders .............................................................................. ................... ................... ...................
2121 Limitation available from carry-forward .......................
2
1 ...................
2143 Uncommitted limitation carried forward .......................
¥1 ................... ...................
2150

2210
2231
2251

Total guaranteed loan commitments ........................

1 ...................

Cumulative balance of guaranteed loans outstanding:
Outstanding, start of year .............................................
4
7
5
Disbursements of new guaranteed loans ......................
3 ................... ...................
Repayments and prepayments ...................................... ...................
¥2
¥2

2290

Outstanding, end of year ..........................................

2299

Memorandum:
Guaranteed amount of guaranteed loans outstanding,
end of year ................................................................

Section 4 of the Church Arson Prevention Act of 1996 (P.L.
104–155), entitled ‘‘Loan Guarantee Recovery Fund,’’ authorizes the Secretary of Housing and Urban Development to
guarantee loans made by financial institutions to assist certain nonprofit organizations that were damaged as a result
of acts of arson or terrorism. One loan has been made since
2004.
Sfmt 3616

E:\BUDGET\HUD.XXX

HUD

576

HOUSING PROGRAMS—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2009

FHA-LOAN GUARANTEE RECOVERY FUND FINANCING ACCOUNT—
Continued
Balance Sheet (in millions of dollars)
Identification code 86–4106–0–3–371

2006 actual

2007 actual

ASSETS:
1101 Federal assets: Fund balances with Treasury ..........................

1999

Total assets ..................................................................................
LIABILITIES:
2204 Non-Federal liabilities: Liabilities for loan guarantees ............

2999

Total liabilities .............................................................................

4999

Total liabilities and net position ...............................................

AND

SPECIAL RISK INSURANCE FUNDS LIQUIDATING
ACCOUNT

Program and Financing (in millions of dollars)
Identification code 86–4072–0–3–371

2007 actual

Obligations by program activity:
Operating expenses
00.02
Interest on debentures ..............................................
9
00.03
Other operating costs ................................................ ...................
00.06
PAE & 3rd party restructuring fees ..........................
21
00.91
01.01
01.02
01.03
01.04
01.05
01.10
01.11
01.12
01.13
01.14
01.15
01.16

14
3
12

458

202

10.00

Total new obligations ................................................

483

487

231

160
696

235 ...................
587
331

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................
Resources available from recoveries of prior year obligations .......................................................................
22.40 Capital transfer to general fund ...................................
22.60 Portion applied to repay debt ........................................

35 ................... ...................
¥160
¥235 ...................
¥13
¥100
¥100

23.90
23.95

Total budgetary resources available for obligation
Total new obligations ....................................................

718
¥483

24.40

Unobligated balance carried forward, end of year

487
¥487

231
¥231

235 ................... ...................

413
15

113
100

97
100

274

374

134

374

134

70.00

Total new budget authority (gross) ..........................

696

587

331

72.40
73.10
73.20
73.45
74.00

Change in obligated balances:
Obligated balance, start of year ...................................
Total new obligations ....................................................
Total outlays (gross) ......................................................
Recoveries of prior year obligations ..............................
Change in uncollected customer payments from Federal sources (unexpired) ............................................

16:49 Jan 24, 2008

Jkt 214754

Total outlays (gross) .................................................

442

501

368

Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash) from:
88.00
Federal sources .....................................................
¥6 ................... ...................
88.40
Fees and premiums ..............................................
56
¥268
¥58
88.40
Proceeds from sale of real property ..................... ...................
¥3
¥2
88.40
Proceeds from sale of mortgage notes ................
¥120
¥37
¥15
88.40
Recoveries on defaulted mortgages .....................
¥142
¥48
¥46
88.40
Interest, dividends and revenue ...........................
¥59
¥15
¥10
88.40
Other collections ...................................................
¥3
¥3
¥3

88.95

Total, offsetting collections (cash) .......................
Against gross budget authority only:
Change in uncollected customer payments from
Federal sources (unexpired) ..................................
Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

Memorandum (non-add) entries:
Total investments, start of year: Federal securities:
Par value ...................................................................
92.02 Total investments, end of year: Federal securities:
Par value ...................................................................

¥274

¥374

¥134

6 ................... ...................

428
168

213
127

197
234

Status of Direct Loans (in millions of dollars)
Identification code 86–4072–0–3–371

2007 actual

Cumulative balance of direct loans outstanding:
1210 Outstanding, start of year .............................................
1251 Repayments: Repayments and prepayments .................
1290

2008 est.

2009 est.

15 ................... ...................
¥15 ................... ...................

Outstanding, end of year .......................................... ................... ................... ...................

Status of Guaranteed Loans (in millions of dollars)
Identification code 86–4072–0–3–371

2007 actual

Cumulative balance of guaranteed loans outstanding:
2210 Outstanding, start of year .............................................
2251 Repayments and prepayments ......................................
Adjustments:
2261
Terminations for default that result in loans receivable .......................................................................
2262
Terminations for default that result in acquisition
of property .............................................................

2008 est.

2009 est.

6,475
¥659

5,609
¥1,645

3,690
¥884

¥204

¥268

¥24

¥3

¥6

¥2

2290

Outstanding, end of year ..........................................

5,609

3,690

2,780

2299

Memorandum:
Guaranteed amount of guaranteed loans outstanding,
end of year ................................................................

5,366

3,690

2,780

Addendum:
Cumulative balance of defaulted guaranteed loans
that result in loans receivable:
2310
Outstanding, start of year ........................................
2331
Disbursements for guaranteed loan claims .............
2351
Repayments of loans receivable ...............................
2361
Write-offs of loans receivable ...................................

2,988
204
¥157
¥41

2,994
268
¥51
¥3

3,208
24
¥38
¥1

2,994

3,208

3,193

2390

268

VerDate Aug 31 2005

87.00

Outstanding, end of year ......................................

¥6 ................... ...................

Spending authority from offsetting collections
(total mandatory) .............................................

Obligated balance, end of year ................................

48
320

92.01

453

74.40

55
446

2009 est.

Total capital investment .......................................

69.90
cprice-sewell on PROD1PC71 with BUDGET PAG

2008 est.

01.91

New budget authority (gross), detail:
Mandatory:
60.00
Appropriation .............................................................
67.10
Authority to borrow ....................................................
Spending authority from offsetting collections:
69.00
Offsetting collections (cash) ................................
69.10
Change in uncollected customer payments from
Federal sources (unexpired) .............................

1
441

89.00
90.00

Total operating expenses ......................................
30
29
29
Capital investment: Claims and other
Acquisition of defaulted Title I notes .......................
1
1
1
Assignment of mortgages .........................................
29
15
10
Debenture Claims ......................................................
8
5
5
Mark-To-Market Restructures ....................................
148
253
14
Acquisition of real properties ....................................
3
6
2
Capitalized Expenses .................................................
8
25
25
Escrow Advances .......................................................
136
125
125
Upfront Grants ........................................................... ...................
9 ...................
Other .......................................................................... ...................
10
10
M&M Contract ...........................................................
1
1
1
Payment to Financing Account -Legisative Savings
119 ................... ...................
Payment to the Financing Account-Asset Sale ......... ...................
8
9

21.40
22.00
22.10

Outlays (gross), detail:
Outlays from new mandatory authority .........................
Outlays from mandatory balances ................................

88.90

FHA-GENERAL

86.97
86.98

558
570
556
483
487
231
¥442
¥501
¥368
¥35 ................... ...................
6 ................... ...................
570
PO 00000

556

419

Frm 00038

Fmt 3616

The General Insurance fund provides insurance for a large
number of specialized mortgage insurance programs, including insurance of loans for property improvements, cooperatives, condominiums, nursing homes, rental housing and nonprofit hospitals.
The Special Risk Insurance fund provides insurance on behalf of mortgagors who otherwise would not be eligible for
mortgage insurance. In addition, the fund provides insurance
on mortgages covering experimental housing where strict adherence to State or local building regulations is not observed.
As required by the Federal Credit Reform Act of 1990,
this account records, for this program, all cash flows to and
Sfmt 3616

E:\BUDGET\HUD.XXX

HUD

HOUSING PROGRAMS—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

from the Government resulting from loan guarantees committed and direct loans obligated prior to 1992. This account
is shown on a cash basis. New insurance and direct loan
activity in 1992 and thereafter in the GI/SRI programs are
recorded in corresponding program (86–0200) and financing
(86–4077 and 86–4105) accounts.
Financial Condition.—The following tables reflect the revenues, expenses, and financial condition of the GI/SRI Liquidating Account based on Generally Accepted Accounting Principles.
Balance Sheet (in millions of dollars)
Identification code 86–4072–0–3–371

2006 actual

ASSETS:
Federal assets:
1101 Fund balances with Treasury .....................................................
Investments in US securities:
1102 Treasury securities, par ...............................................................
Non-Federal assets:
1201 Investments in non-Federal securities, net ...............................
1206 Receivables, net ...........................................................................

712

800

3
95

3
1

Value of assets related to direct loans ...................................
Defaulted guaranteed loans, gross ............................................
Interest receivable ........................................................................
Allowance for estimated uncollectible loans and interest (–)

....................
2,988
138
–823

....................
2,994
212
–808

1704
1706

Defaulted guaranteed loans and interest receivable, net .......
Foreclosed property .......................................................................

2,303
8

2,398
5

1799
1901

Value of assets related to loan guarantees ............................
Other Federal assets: Other assets ...........................................

2,311
2

2,403
6

Total assets ..................................................................................
LIABILITIES:
2101 Federal liabilities: Federal Accounts payable ............................
Non-Federal liabilities:
2201 Accounts payable .........................................................................
2202 Interest payable ............................................................................
2203 Debt ...............................................................................................
2204 Liabilities for loan guarantees ...................................................
2207 Unearned revenue and advances ...............................................

3,128

3,218

....................

15
12
62
447
292

19
1
64
283
199

2999

828

610

765
1,535

474
2,134

3999

Total net position ........................................................................

2,300

2,608

4999

Total liabilities and net position ...............................................

3,128

3,218

Object Classification (in millions of dollars)
Identification code 86–4072–0–3–371

2007 actual

2008 est.

2009 est.

25.2
32.0
33.0
43.0
44.0

Direct obligations:
Other services ................................................................
Land and structures ......................................................
Investments and loans ..................................................
Interest and dividends ...................................................
Repayments to financing account .................................

22
11
322
9
119

26
40
399
14
8

26
27
155
14
9

99.9

Total new obligations ................................................

483

487

231

HOUSING

FOR THE

ELDERLY

OR HANDICAPPED FUND LIQUIDATING
ACCOUNT

cprice-sewell on PROD1PC71 with BUDGET PAG

Program and Financing (in millions of dollars)
Identification code 86–4115–0–3–371

2007 actual

2008 est.

2009 est.

Obligations by program activity:
00.02 Maintenance security and collateral ............................. ...................
15
15
01.02 Loan Management, Liquidations and Property Dispositions ...........................................................................
1 ................... ...................
10.00

Total new obligations (object class 32.0) ................

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................

72
1,348

VerDate Aug 31 2005

16:49 Jan 24, 2008

Jkt 214754

PO 00000

22.40

Capital transfer to general fund ...................................

¥1,405

¥1,199

¥1,035

23.90
23.95

Total budgetary resources available for obligation
Total new obligations ....................................................

15
¥1

15
¥15

24.40

Unobligated balance carried forward, end of year

14 ................... ...................

New budget authority (gross), detail:
Mandatory:
69.00
Spending authority from offsetting collections: Offsetting collections (cash) .....................................

1,348

1,200

1,050

72.40
73.10
73.20

3
1
¥2

2
15
¥15

74.40

Obligated balance, end of year ................................

86.97

Outlays (gross), detail:
Outlays from new mandatory authority .........................

Offsets:
Against gross budget authority and outlays:
88.40
Offsetting collections (cash) from: Non-Federal
sources ..................................................................

¥1,348

¥1,200

¥1,050

2007 actual

1699
1701
1702
1703

1999

577

14 ...................
1,200
1,050
Frm 00039

Fmt 3616

89.00
90.00

Status of Direct Loans (in millions of dollars)
Identification code 86–4115–0–3–371

2007 actual

1210
1251
1264

Cumulative balance of direct loans outstanding:
Outstanding, start of year .............................................
Repayments: Repayments and prepayments .................
Write-offs for default: Other adjustments, net (+ or
-)1 .............................................................................

1290

Outstanding, end of year ..........................................

1 Reclassify

5,520
¥921

2008 est.

4,594
¥750

2009 est.

3,844
¥750

¥5 ................... ...................
4,594

3,844

3,094

to Foreclosed Property Acquired

Note.—Amounts for direct loan obligations reflect reservations of direct loan funds for
elderly and disabled projects. Loan obligations shown under the program and financing
schedule reflect loans that have reached the initial closing stage of processing.

The Housing for the Elderly or Handicapped Fund, a combined liquidating account was established pursuant to section
202 of the Housing Act of 1959, as amended. The loan program is no longer active—no new loan commitments were
made after 1991—although projects developed under it continue to operate. The program provided direct loans to nonprofit organizations sponsoring the construction and management of rental housing for the elderly or non-elderly persons
with disabilities. Any remaining activity for the loan program
includes amendments for projects reaching final endorsement,
payment of interest and repayment of borrowings to Treasury,
and management of the loan portfolio.
Projects included an assured range of necessary services
for the occupants of such projects. In addition, the section
8 rental assistance program has been used in conjunction
with the section 202 program, such that HUD rental assistance payments partially cover the loan liability. Applications
under the two programs have been processed simultaneously.
The data included in these schedules represent direct loan
activities funded under the Housing for the Elderly or Handicapped Loan Fund. Further, activities in support of the needs
of the elderly and disabled have been carried out under a
grant program funded in the 1991 Appropriations Act (P.L.
101–507) and authorized in the National Affordable Housing
Act (P.L. 101–625).
After April 1, 1992, all projects for which there were administrative reservations converted to the capital advance assistance program.
The program and financing schedule for this account summarizes the Federal government’s obligations for this loan
program.
Sfmt 3616

E:\BUDGET\HUD.XXX

HUD

HOUSING PROGRAMS—Continued
Federal Funds—Continued

578

THE BUDGET FOR FISCAL YEAR 2009
74.40

Obligated balance, end of year ................................

Financing.—Repayments and interest income from loans
continue to be available to pay for commitments of the fund.

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority .....................
Outlays from discretionary balances .............................

3
4

13
3

Balance Sheet (in millions of dollars)

87.00

Total outlays (gross) .................................................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

7
7

16
16

HOUSING

FOR THE

ELDERLY OR HANDICAPPED FUND LIQUIDATING
ACCOUNT—Continued

Identification code 86–4115–0–3–371

2006 actual

2007 actual

ASSETS:
1101 Federal assets: Fund balances with Treasury ..........................
1206 Non-Federal assets: Interest Receivable: Public .......................
1601 Direct loans, gross ......................................................................
1603 Allowance for estimated uncollectible loans and interest (–)

76
62
5,520
–22

17
57
4,594
–18

1604
1606

Direct loans and interest receivable, net .................................
Acquired Real Property ................................................................

5,498
1

4,576
1

1699

Value of assets related to direct loans ...................................

5,499

4,577

Total assets ..................................................................................
LIABILITIES:
2207 Non-Federal liabilities: Other ......................................................

5,637

4,651

17
5,592

16
4,605

1999

2999

Total liabilities .............................................................................
NET POSITION:
3100 Unexpended Appropriations ..........................................................
3300 Revolving Fund: Cumulative results of operations ...................
3999

Total net position ........................................................................

5,609

4,621

4999

Total liabilities and net position ...............................................

5,637

4,651

Trust Funds
MANUFACTURED HOUSING FEES TRUST FUND
Special and Trust Fund Receipts (in millions of dollars)
Identification code 86–8119–0–7–376

01.00

2007 actual

2008 est.

2009 est.

Balance, start of year .................................................... ................... ................... ...................

01.99

Balance, start of year .................................................... ................... ................... ...................
Receipts:
02.00 Mobile Home Inspection and Monitoring Fees, Manufactured Housing Fee Trust Fund .............................
7
16
11
02.40 General Fund Payment, Manufactured Housing Fee
Trust Fund ................................................................. ................... ...................
5
02.99

Total receipts and collections ...................................

Total: Balances and collections ....................................
Appropriations:
05.00 Manufactured Housing Fees Trust Fund .......................

¥7

¥16

04.00

07.99

Balance, end of year ..................................................... ................... ................... ...................

The National Manufactured Housing Construction and
Safety Standards Act of 1974, as amended by the Manufactured Housing Improvement Act of 2000, authorizes development and enforcement of appropriate standards for the construction, design, and performance of manufactured homes
to assure their quality, durability, affordability, and safety.
All manufactured homes produced since the standards took
effect on June 15, 1976, must comply with Federal construction and safety standards. The States are actively encouraged
to participate in the program under compliance plans approved by HUD. New program requirements mandated by
the Manufactured Housing Improvement Act of 2000 include
procurement of an Administering Organization, formation of
a Consensus Committee to recommend revisions to and interpretations of the manufactured housing standards, development and implementation of standards for installation of
manufactured housing, and development and implementation
of a dispute resolution program.
Fees are charged to the manufacturers for each manufactured home transportable section produced and to any dispute
resolution and installation program participant. These fees
and appropriations will be used to fund the costs of authorized activities necessary for the consensus committee, HUD,
and its agents to carry out all aspects of the manufactured
housing legislation. Fees are deposited in a trust fund administered by the Department, and a portion of the fee receipts
are transferred to the salaries and expenses account to defray
the direct administrative expenses of the program.
The Budget proposes to supplement the program’s fee revenue with a direct appropriation, which will offset the effect
of declining fee revenue caused by a substantial reduction
in manufactured housing production rates, and help pay for
startup costs associated with the new installation and dispute
resolution programs.
f

Program and Financing (in millions of dollars)

cprice-sewell on PROD1PC71 with BUDGET PAG

Identification code 86–8119–0–7–376

2007 actual

2008 est.

2009 est.

Obligations by program activity:
00.01 Transfer to salaries and expenses ................................
00.02 Other program costs ......................................................

1
6

2
17

2
14

10.00

Total new obligations (object class 25.2) ................

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................

3
7

3 ...................
16
16

23.90
23.95

Total budgetary resources available for obligation
Total new obligations ....................................................

10
¥7

24.40

Unobligated balance carried forward, end of year

19
¥19

16
¥16

3 ................... ...................

New budget authority (gross), detail:
Discretionary:
40.26
Appropriation (trust fund) .........................................

2
7
¥7

2
19
¥16

5
16
¥16

Frm 00040

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72.40
73.10
73.20

VerDate Aug 31 2005

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GOVERNMENT NATIONAL MORTGAGE
ASSOCIATION
The Government National Mortage Association (Ginnie
Mae) was formed by Congress in 1968. It is a wholly owned
governmet corporation within the U.S. Department of Housing
and Urban Development (HUD). It was established to support
Federal housing intitiatives by providing liquidity to the secondary mortgage market and to attract capital from the global
capital markets for the nation’s mortgage markets. Its primary function is to guarantee the timely payment of principal
and interest on Mortgage-Backed Securties (MBS) that are
backed by loans insured or guaranteed by the Federal Housing Administration (FHA), the Department of Veterans Affairs
(VA), Rural Development in the U.S. Department of Agriculture, and HUD’s Office of Public and Indian Housing.
Financing.—Ginnie Mae issuers are assessed commitment,
guarantee, and other fees to cover cost incurred by Ginnie
Mae, and to fund a reserve against possible future payments
under the guarantee.
Sfmt 3616

E:\BUDGET\HUD.XXX

HUD

GOVERNMENT NATIONAL MORTGAGE ASSOCIATION—Continued
Federal Funds

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

579

Federal Funds
GUARANTEES

MORTGAGE-BACKED SECURITIES LOAN GUARANTEE
PROGRAM ACCOUNT

New commitments to issue guarantees to carry out the purposes
of section 306 of the National Housing Act, as amended (12 U.S.C.
1721(g)), shall not exceed $200,000,000,000, to remain available until
September 30, ø2009¿ 2010.
For administrative contract expenses necessary to carry out the guaranteed mortgage-backed securities program, $43,000,000, to be derived
by transfer from the GNMA guarantees of mortgages-backed securities
guaranteed loan receipt account. Provided, That to the extent new
guarantees of mortgage-backed securities exceed $75,000,000,000 on
or before April 1, 2009, an additional $1,000 for administrative contract expenses shall be available for each $1,000,000 in additional
guaranteed loan commitments (including a pro rata amount for any
amount below $1,000,000) but in no case shall funds made available
by this proviso exceed $14,000,000. (Department of Housing and
Urban Development Appropriations Act, 2008.)
Special and Trust Fund Receipts (in millions of dollars)
Identification code 86–0186–0–1–371

01.00

2007 actual

2008 est.

2,851

3,033

3,196

Balance, start of year ....................................................
Receipts:
02.20 GNMA-guarantees of Mortgage Backed Securities
Guarantee Loans, Negative Subsidies ......................

2,851

3,033

3,196

02.99

Total receipts and collections ...................................

193

163

193

163

Total: Balances and collections ....................................
3,044
3,196
3,359
Appropriations:
05.00 Guarantees of Mortgage-backed Securities Loan Guarantee Program Account .............................................
¥11 ................... ...................
05.01 Guarantees of Mortgage-backed Securities Loan Guarantee Program Account—legislative proposal not
subject to PAYGO ...................................................... ................... ...................
¥43
Total appropriations ..................................................

07.99

Balance, end of year .....................................................

¥11 ...................

¥43

3,033

3,316

3,196

Identification code 86–0186–0–1–371

2007 actual

Guaranteed loan levels supportable by subsidy budget
authority:
215001 Ginne Mae mortgage-backed securities ........................

Program and Financing (in millions of dollars)
2007 actual

cprice-sewell on PROD1PC71 with BUDGET PAG

Obligations by program activity:
00.09 Administrative expenses, salaries and expenses ..........

2008 est.

2009 est.

85,071

77,400

85,071

77,400

¥0.21

232999 Weighted average subsidy rate .....................................
Guaranteed loan subsidy budget authority:
233001 Ginne Mae mortgage-backed securities ........................

¥0.21

¥193

¥163

233999 Total subsidy budget authority ......................................
Guaranteed loan subsidy outlays:
234001 Ginne Mae mortgage-backed securities ........................

¥193

¥163

¥193

¥163

234999 Total subsidy outlays .....................................................

¥193

¥163

11 ...................
11 ...................

43
43

215999 Total loan guarantee levels ...........................................
Guaranteed loan subsidy (in percent):
232001 Ginne Mae mortgage-backed securities ........................

Administrative expense data:
Budget authority ............................................................
Outlays from new authority ...........................................

As required by the Federal Credit Reform Act of 1990,
this account records the administrative expenses of this program. The administrative expenses are estimated on a cash
basis.
GUARANTEES

MORTGAGE-BACKED SECURITIES LOAN GUARANTEE
PROGRAM ACCOUNT

(Legislative proposal, not subject to PAYGO)
Program and Financing (in millions of dollars)
Identification code 86–0186–2–1–371

Identification code 86–0186–0–1–371

43
43

Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in
millions of dollars)

3510
3590

04.00

05.99

11 ....................
11 ....................

2009 est.

Balance, start of year ....................................................

01.99

Total:
Budget Authority .....................................................................
Outlays ....................................................................................

2009 est.

2007 actual

2008 est.

2009 est.

Obligations by program activity:
00.09 Administrative expenses, salaries and expenses .......... ................... ...................

10.00

Total new obligations (object class 25.2) ................ ................... ...................

22.00
23.95

43
¥43

New budget authority (gross), detail:
Discretionary:
40.20
Appropriation (special fund) ..................................... ................... ...................

11 ................... ...................

10.00

Total new obligations (object class 25.3) ................

11 ................... ...................

22.00
23.95

Budgetary resources available for obligation:
New budget authority (gross) ........................................
Total new obligations ....................................................

11 ................... ...................
¥11 ................... ...................

New budget authority (gross), detail:
Discretionary:
40.20
Appropriation (special fund) .....................................

11 ................... ...................

73.10
73.20

43
¥43

73.10
73.20

Change in obligated balances:
Total new obligations ....................................................
Total outlays (gross) ......................................................

11 ................... ...................
¥11 ................... ...................

86.90

Outlays (gross), detail:
Outlays from new discretionary authority ..................... ................... ...................

86.90

Outlays (gross), detail:
Outlays from new discretionary authority .....................

11 ................... ...................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................ ................... ...................
Outlays ........................................................................... ................... ...................

43
43

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

11 ................... ...................
11 ................... ...................

Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in
millions of dollars)
Identification code 86–0186–2–1–371

Summary of Budget Authority and Outlays
(in millions of dollars)
2007 actual

2008 est.

2009 est.

Enacted/requested:
Budget Authority .....................................................................
11 .................... ....................
Outlays ....................................................................................
11 .................... ....................
Legislative proposal, not subject to PAYGO:
Budget Authority ..................................................................... .................... ....................
43
Outlays .................................................................................... .................... ....................
43
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Fmt 3616

2007 actual

2008 est.

Administrative expense data:
3510 Budget authority ............................................................ ................... ...................
3590 Outlays from new authority ........................................... ................... ...................

2009 est.

43
43

The Budget proposes to consolidate all administrative
spending of the Government National Mortgage Association
(GNMA) under this account. This will result in better oversight of spending, allow for more transparent analysis of
Sfmt 3616

E:\BUDGET\HUD.XXX

HUD

580

GOVERNMENT NATIONAL MORTGAGE ASSOCIATION—Continued
Federal Funds—Continued

GUARANTEES

THE BUDGET FOR FISCAL YEAR 2009

MORTGAGE-BACKED SECURITIES LOAN GUARANTEE
PROGRAM ACCOUNT—Continued

spending and differentiate between administrative and credit
transactions. As a result, spending will increase in this account and decrease in the GNMA Liquidating Account with
no net effect on discretionary spending.

2231
2251

Disbursements of new guaranteed loans ......................
Repayments and prepayments ......................................

85,071
¥67,413

77,400
¥59,547

120,000
¥88,901

2290

Outstanding, end of year ..........................................

427,566

445,419

476,518

2299

Memorandum:
Guaranteed amount of guaranteed loans outstanding,
end of year ................................................................

427,566

445,419

476,518

GUARANTEES

Balance Sheet (in millions of dollars)

MORTGAGE-BACKED SECURITIES FINANCING
ACCOUNT

Identification code 86–4240–0–3–371

Program and Financing (in millions of dollars)
Identification code 86–4240–0–3–371

2007 actual

2008 est.

2009 est.

00.03
00.04

Obligations by program activity:
Advances and other .......................................................
Operating expenses ........................................................

30
44

60
42

69
42

00.91
08.01

Direct Program by Activities—Subtotal (1 level)
Payment to receipt account for negative subsidy ........

74
192

102
163

111
163

10.00

Total new obligations ................................................

266

265

274

Budgetary resources available for obligation:
21.40 Unobligated balance carried forward, start of year
22.00 New financing authority (gross) ....................................

1,142
450

1,326
455

1,516
484

23.90
23.95

Total budgetary resources available for obligation
Total new obligations ....................................................

1,592
¥266

1,781
¥265

2,000
¥274

24.40

Unobligated balance carried forward, end of year

1,326

1,516

1,726

New financing authority (gross), detail:
Mandatory:
69.00
Spending authority from offsetting collections: Offsetting collections (cash) .....................................

450

455

484

72.40
73.10
73.20

53
266
¥256

63
265
¥259

69
274
¥269

74.40

Obligated balance, end of year ................................

87.00

Outlays (gross), detail:
Total financing disbursements (gross) .....................

256

259

269

¥68
¥273
¥71
¥14
¥19
¥1
¥4

¥70
¥275
¥64
¥16
¥25
¥1
¥4

¥76
¥294
¥66
¥17
¥26
¥1
¥4

88.90

¥450

¥455

¥484

89.00
90.00

Total, offsetting collections (cash) .......................

cprice-sewell on PROD1PC71 with BUDGET PAG

Status of Guaranteed Loans (in millions of dollars)
Identification code 86–4240–0–3–371

2007 actual

2008 est.

2009 est.

Position with respect to appropriations act limitation
on commitments:
2111 Limitation on guaranteed loans made by private lenders ..............................................................................
2121 Limitation available from carry-forward .......................
2142 Uncommitted loan guarantee limitation .......................
2143 Uncommitted limitation carried forward .......................

200,000
200,000
¥114,929
¥200,000

200,000
200,000
¥122,600
¥200,000

Total guaranteed loan commitments ........................
Guaranteed amount of guaranteed loan commitments

85,071
85,071

77,400
77,400

2210

Cumulative balance of guaranteed loans outstanding:
Outstanding, start of year .............................................

409,908

427,566

445,419

Frm 00042

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16:49 Jan 24, 2008

Jkt 214754

34
–12

32
–16

Net present value of assets related to direct loans ..............
Other Federal assets: Property, plant and equipment, net ....

22
363

16
426

Total assets ..................................................................................
LIABILITIES:
Non-Federal liabilities:
2201 Accounts payable .........................................................................
2207 Other ..............................................................................................

1,606

1,857

77
393

87
452

470

539

1499
1803
1999

2999

Total liabilities .............................................................................
NET POSITION:
3300 Cumulative results of operations ...............................................

1,136

1,318

3999

Total net position ........................................................................

1,136

1,318

4999

Total liabilities and net position ...............................................

1,606

1,857

PO 00000

MORTGAGE-BACKED SECURITIES LIQUIDATING
ACCOUNT

Program and Financing (in millions of dollars)
Identification code 86–4238–0–3–371

2007 actual

Obligations by program activity:
Administrative contract expenses ..................................
Operating expenses
00.03
Servicing expenses ....................................................
00.01

2008 est.

2009 est.

01.01

Total operating expenses ......................................
Capital investment
Advances of guaranty payments ...............................

10.00

Total new obligations ................................................

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................

8,365
415

8,727
493

9,133
495

23.90
23.95

Total budgetary resources available for obligation
Total new obligations ....................................................

8,780
¥53

9,220
¥87

9,628
¥78

24.40

Unobligated balance carried forward, end of year

8,727

9,133

9,550

New budget authority (gross), detail:
Mandatory:
60.00
Appropriation ............................................................. ...................
43
43
Spending authority from offsetting collections:
69.00
Offsetting collections (cash) ................................
418
450
452
69.10
Change in uncollected customer payments from
Federal sources (unexpired) .............................
¥3 ................... ...................
69.90

2150
2199

VerDate Aug 31 2005

1,389
26

00.91

2007 actual

1,195
26

GUARANTEES

Offsets:
Against gross financing authority and financing disbursements:
Offsetting collections (cash) from:
88.25
Interest on uninvested funds ...............................
88.40
Guarantee Fees .....................................................
88.40
Commitment and other fees .................................
88.40
Multiclass fees ......................................................
88.40
Repayment of advances .......................................
88.40
Servicing Fees .......................................................
88.40
Repayment on Mortgages .....................................

2006 actual

ASSETS:
1101 Federal assets: Fund balances with Treasury ..........................
1206 Non-Federal assets: Receivables, net ........................................
Net value of assets related to post–1991 direct loans receivable:
1401 Direct loans receivable, gross ....................................................
1405 Allowance for subsidy cost (–) ..................................................

Spending authority from offsetting collections
(total mandatory) .............................................

415

450

452

70.00

Total new budget authority (gross) ..........................

415

493

495

72.40
73.10
73.20
74.00

Change in obligated balances:
Obligated balance, start of year ...................................
Total new obligations ....................................................
Total outlays (gross) ......................................................
Change in uncollected customer payments from Federal sources (unexpired) ............................................

¥21
53
¥47

¥12
87
¥54

21
78
¥49

Sfmt 3643

E:\BUDGET\HUD.XXX

HUD

3 ................... ...................

GOVERNMENT NATIONAL MORTGAGE ASSOCIATION—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
74.00

Change in uncollected customer payments from Federal sources (unexpired) ............................................ ................... ................... ...................

74.40

Obligated balance, end of year ................................

¥12

86.97

Outlays (gross), detail:
Outlays from new mandatory authority .........................

Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash) from:
88.20
Interest on Federal securities ...............................
¥414
88.40
Repayments of guaranteed payments ..................
¥2
88.40
Repayments on mortgages ................................... ...................
88.40
Repayments on mortgages ...................................
¥2
88.90
88.95

89.00
90.00

¥440
¥442
¥5
¥6
¥1 ...................
¥4
¥4

¥418

¥450

Memorandum (non-add) entries:
92.01 Total investments, start of year: Federal securities:
Par value ...................................................................
92.02 Total investments, end of year: Federal securities:
Par value ...................................................................

1601
1603

Direct loans, gross ......................................................................
Allowance for estimated uncollectible loans and interest (–)

8
–7

8
–15

1699
1901

Value of assets related to direct loans ...................................
Other Federal assets: Other assets ...........................................

1
....................

–7
17

Total assets ..................................................................................
LIABILITIES:
Non-Federal liabilities:
2201 Accounts payable .........................................................................
2207 Other ..............................................................................................

8,425

8,810

35
509

41
510

544

551

1999

2999

Total liabilities .............................................................................
NET POSITION:
3300 Cumulative results of operations ...............................................

7,881

8,259

3999

Total net position ........................................................................

7,881

8,259

4999

Total liabilities and net position ...............................................

8,425

8,810

¥452

3 ................... ...................

Net budget authority and outlays:
Budget authority ............................................................ ...................
Outlays ...........................................................................
¥371

43
¥396

43
¥403

8,385

8,759

9,134

8,759

9,134

9,550

Object Classification (in millions of dollars)
Identification code 86–4238–0–3–371

49
29

99.9

Total new obligations ................................................

GUARANTEES

2008 est.

Total:
Budget Authority ..................................................................... ....................
Outlays ....................................................................................
–371

2009 est.

43
–403
–43
–43

43 ....................
–396
–446

MORTGAGE-BACKED SECURITIES LIQUIDATING
ACCOUNT

2007 actual

1210
1232

Identification code 86–4238–2–3–371

2008 est.

2009 est.

Total new obligations (object class 25.2) ................ ................... ...................

¥43

22.00
23.95

¥43
43

¥43

¥43
43

73.10
73.20

¥1
¥1

¥6
¥12

¥6
¥13

74.40

2210
2251

Cumulative balance of guaranteed loans outstanding:
Outstanding, start of year .............................................
Repayments and prepayments ......................................

67
¥14

53
¥14

39
¥12

2290

Outstanding, end of year ..........................................

2299

Memorandum:
Guaranteed amount of guaranteed loans outstanding,
end of year ................................................................

Obligated balance, end of year ................................ ................... ................... ...................

86.90

Outlays (gross), detail:
Outlays from new discretionary authority ..................... ................... ...................

¥43

89.00
90.00

¥43
¥43

Status of Guaranteed Loans (in millions of dollars)
2009 est.

Unobligated balance carried forward, end of year ................... ................... ...................

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation ............................................................. ................... ...................

2008 est.

Memorandum (non-add) entries:
Total investments, start of year: Federal securities:
Par value ................................................................... ................... ................... ...................
92.02 Total investments, end of year: Federal securities:
Par value ................................................................... ................... ...................
1
92.01

Balance Sheet (in millions of dollars)
Identification code 86–4238–2–3–371

Balance Sheet (in millions of dollars)
Identification code 86–4238–0–3–371

2006 actual

ASSETS:
Federal assets:
Investments in US securities:
1102 Treasury securities, par ...............................................................
1106 Receivables, net ...........................................................................
1206 Non-Federal assets: Receivables, net ........................................
VerDate Aug 31 2005

16:49 Jan 24, 2008

Jkt 214754

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8,358
56
10
Frm 00043

2007 actual

8,736
53
11
Fmt 3616

2009 est.

10.00

2007 actual

2008 est.

¥43

Outstanding, end of year ..........................................

2007 actual

Obligations by program activity:
00.01 Administrative contract expenses .................................. ................... ...................

24.40

Status of Direct Loans (in millions of dollars)

cprice-sewell on PROD1PC71 with BUDGET PAG

Program and Financing (in millions of dollars)
2007 actual

Identification code 86–4238–0–3–371

2009 est.

(Legislative proposal, not subject to PAYGO)

Enacted/requested:
Budget Authority ..................................................................... ....................
43
Outlays ....................................................................................
–371
–396
Legislative proposal, not subject to PAYGO:
Budget Authority ..................................................................... .................... ....................
Outlays .................................................................................... .................... ....................

1290

2008 est.

54
33

(in millions of dollars)

Cumulative balance of direct loans outstanding:
Outstanding, start of year .............................................
Disbursements: Purchase of loans assets from the
public .........................................................................
1252 Repayments: Proceeds from loan asset sales to the
public or discounted .................................................
1263 Write-offs for default: Direct loans ...............................

2007 actual

Direct obligations:
25.2 Other services ................................................................
53
33.0 Investments and loans .................................................. ...................

Summary of Budget Authority and Outlays

Identification code 86–4238–0–3–371

581

2006 actual

2007 actual

ASSETS:
Federal assets: Investments in US securities:
1102 Treasury securities, par ...............................................................

....................

1999

Total assets ..................................................................................
NET POSITION:
3300 Cumulative results of operations ...............................................

....................

3999

....................

Total net position ........................................................................

Sfmt 3633

E:\BUDGET\HUD.XXX

HUD

582

GOVERNMENT NATIONAL MORTGAGE ASSOCIATION—Continued
Federal Funds—Continued

GUARANTEES

THE BUDGET FOR FISCAL YEAR 2009

MORTGAGE-BACKED SECURITIES LIQUIDATING
ACCOUNT—Continued

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

49
33

51
59

55
59

Balance Sheet (in millions of dollars)—Continued
Identification code 86–4238–2–3–371

4999

2006 actual

Total liabilities and net position ...............................................

2007 actual

....................

POLICY DEVELOPMENT AND RESEARCH
Federal Funds
RESEARCH

AND

TECHNOLOGY

For contracts, grants, and necessary expenses of programs of research and studies relating to housing and urban problems, not otherwise provided for, as authorized by title V of the Housing and Urban
Development Act of 1970 (12 U.S.C. 1701z–1 et seq.), including carrying out the functions of the Secretary of Housing and Urban Development under section 1(a)(1)(i) of Reorganization Plan No. 2 of 1968,
ø$51,440,000¿ $54,700,000, to remain available until September 30,
ø2009: Provided, That of the total amount provided under this heading, up to $5,000,000 shall be for the Partnership for Advancing
Technology in Housing Initiative¿ 2010: Provided further, That of
the funds made available under this heading, ø$23,000,000¿
$13,500,000 is for grants pursuant to section 107 of the Housing
and Community Development Act of 1974 (42 U.S.C. 5307): Provided
further, That activities for the Partnership for Advancing Technology
in Housing Initiative shall be administered by the Office of Policy
Development and Research. (Department of Housing and Urban Development Appropriations Act, 2008.)
Program and Financing (in millions of dollars)
Identification code 86–0108–0–1–451

2007 actual

2009 est.

31
24
41
2
5 ...................
40
24
14
6 ................... ...................

10.00

Total new obligations ................................................

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................

27
55

3
51

1
55

23.90
23.95

Total budgetary resources available for obligation
Total new obligations ....................................................

82
¥79

54
¥53

56
¥55

24.40

Unobligated balance carried forward, end of year

74.40

50
51
55
¥1 ................... ...................

Appropriation (total discretionary) ........................
Spending authority from offsetting collections: Offsetting collections (cash) .....................................

Total new budget authority (gross) ..........................

Change in obligated balances:
72.40 Obligated balance, start of year ...................................
73.10 Total new obligations ....................................................
73.20 Total outlays (gross) ......................................................
73.40 Adjustments in expired accounts (net) .........................
cprice-sewell on PROD1PC71 with BUDGET PAG

2008 est.

Obligations by program activity:
00.01 Housing Research ..........................................................
00.02 PATH ...............................................................................
00.04 University Programs .......................................................
09.01 Reimbursable program ..................................................

Obligated balance, end of year ................................

6 ................... ...................
51

Object Classification (in millions of dollars)
Identification code 86–0108–0–1–451

24
63
57
79
53
55
¥39
¥59
¥59
¥1 ................... ...................
63

The Housing and Urban Development Act of 1970 directs
the Secretary to undertake programs of research, studies,
testing, and demonstrations related to the HUD mission.
These functions are carried out internally and through contracts with industry, nonprofit research organizations, and
educational institutions, and through agreements with State
and local governments and other Federal agencies.
In 2009, the research program includes funds for HUD program evaluations, for work related to the removal of barriers
to affordable housing, and critical research and studies. Program evaluations provide critical information for PART reviews, as well as regular periodic reviews of major HUD programs. National housing surveys will continue in 2009, including the American Housing Survey, the Survey of New
Home Sales and Completions, the Survey of Market Absorption of Multifamily Units and the Survey of New Manufactured Housing Placements. Other siginificant activities in
2009 include: (1) providing research and policy analysis support to the Secretary in connection with his role in regulating
the Government-Sponsored Enterprises, Fannie Mae and
Freddie Mac; (2) providing research and policy analysis support for the Real Estate Settlements Procedures Act (RESPA),
FHA Reform, CDBG formula effectiveness, predatory lending,
and asset management; and (3) continuing research on lowincome and minority homeownership.
Set-aside funds are not requested for the Partnership for
Advancing Technology (PATH) program in 2009, but PATH
will remain an eligible activity under the Research and Technology account and will be administered by the Office of Policy Development and Research.
Since 2006, the University Partnership Programs have been
funded from the Research and Technology account. These
grants, pursuant to Section 107 of the Housing and Community Development Act of 1974, were funded prior to 2006
under the Community Development Block Grant account.
These programs were and will continue to be administered
by the Office of Policy Development and Research. The University Partnership Programs provide grants to colleges and
universities to help form partnerships with the communities
in which they are located, with resources used for various
neighborhood development and revitalization activities. The
University Partnership Programs include the following: Alaska Native/ Native Hawaiian Institutions program, Tribal Colleges and Universities program, Historically Black Colleges
and Universities program, and the Hispanic Serving Institutions program.

2007 actual

2008 est.

2009 est.

25.2
41.0

Direct obligations:
Other services ............................................................
Grants, subsidies, and contributions ........................

33
40

99.0
99.0

Direct obligations ..................................................
Reimbursable obligations ..............................................

73
53
55
6 ................... ...................

99.9

Total new obligations ................................................

29
24

41
14

53
f

Outlays (gross), detail:
86.90 Outlays from new discretionary authority .....................
86.93 Outlays from discretionary balances .............................

21
18

20
39

22
37

87.00

Total outlays (gross) .................................................

FAIR HOUSING AND EQUAL OPPORTUNITY
Federal Funds
FAIR HOUSING ACTIVITIES

Offsets:
Against gross budget authority and outlays:
88.00
Offsetting collections (cash) from: Federal sources
VerDate Aug 31 2005

16:49 Jan 24, 2008

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¥6 ................... ...................
PO 00000

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For contracts, grants, and other assistance, not otherwise provided
for, as authorized by title VIII of the Civil Rights Act of 1968, as
amended by the Fair Housing Amendments Act of 1988, and section
Sfmt 3616

E:\BUDGET\HUD.XXX

HUD

OFFICE OF LEAD HAZARD CONTROL AND HEALTHY HOMES
Federal Funds

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
561 of the Housing and Community Development Act of 1987, as
amended, ø$50,000,000¿ $51,000,000, to remain available until September 30, ø2009¿ 2010, of which ø$24,000,000¿ $26,000,000 shall
be to carry out activities pursuant to such section 561 (of which
up to $6,000,000 may be used for the Housing Discrimination Study
of 2010): Provided, That notwithstanding 31 U.S.C. 3302, the Secretary may assess and collect fees to cover the costs of the Fair
Housing Training Academy, and may use such funds to provide such
training: Provided further, That no funds made available under this
heading shall be used to lobby the executive or legislative branches
of the Federal Government in connection with a specific contract,
grant or loanø: Provided further, That of the funds made available
under this heading, $380,000 shall be available to the Secretary of
Housing and Urban Development for the creation and promotion of
translated materials and other programs that support the assistance
of persons with limited English proficiency in utilizing the services
provided by the Department of Housing and Urban Development¿.
(Department of Housing and Urban Development Appropriations Act,
2008.)
Program and Financing (in millions of dollars)
Identification code 86–0144–0–1–751

2007 actual

2009 est.

26
21

30
25

25
26

10.00

Total new obligations (object class 41.0) ................

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................

6
46

5 ...................
50
51

23.90
23.95

Total budgetary resources available for obligation
Total new obligations ....................................................

52
¥47

24.40

Unobligated balance carried forward, end of year

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................
Change in obligated balances:
72.40 Obligated balance, start of year ...................................
73.10 Total new obligations ....................................................
73.20 Total outlays (gross) ......................................................
73.40 Adjustments in expired accounts (net) .........................
74.40

86.90
86.93

cprice-sewell on PROD1PC71 with BUDGET PAG

2008 est.

Obligations by program activity:
00.01 Fair housing assistance ................................................
00.02 Fair housing initiatives ..................................................

Obligated balance, end of year ................................

55
¥55

51
¥51

5 ................... ...................

63
62
70
47
55
51
¥47
¥47
¥50
¥1 ................... ...................
71

Outlays (gross), detail:
Outlays from new discretionary authority ..................... ...................
Outlays from discretionary balances .............................
47

5
42

5
45

87.00

Total outlays (gross) .................................................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

46
47

50
47

51
50

The Budget proposes $51 million for fair housing activities
to support efforts to end housing discrimination. Of the
amount requested, $25 million is for the Fair Housing Assistance Program (FHAP) and $26 million is for the Fair Housing
Initiatives Program (FHIP).
Up to $6 million is provided for the Housing Discrimination
Study (HDS) of 2010, which will begin research activities
in 2009. This study will estimate the national levels of discrimination faced by African-Americans, Hispanics, and Asian
and Pacific Islander renters and homebuyers. Further, it will
provide comparable data to determine any changes in the
level of discrimination from the 2000 HDS Study, and will
measure FHIP’s effectiveness in providing fair housing enforcement.
FHAP, authorized by Title VIII of the Civil Rights Act
of 1968 as amended, provides funding to State and local agencies to assure prompt and effective processing of Title VIII
(Civil Rights Act of 1968) complaints. The funding requested
for FHAP will support fair housing enforcement by funding
Jkt 214754

OFFICE OF LEAD HAZARD CONTROL AND
HEALTHY HOMES

16:49 Jan 24, 2008

State and local fair housing organizations to meet the needs
of currently underserved populations. It will also address the
persistently high rate of discrimination against minorities as
identified by HUD’s 2000 HDS. It is estimated that in 2009
there will be two new State and local agencies with laws
equivalent to the Fair Housing Act, increasing the total number to 113 agencies.
FHIP, authorized by the Housing and Community Development Act of 1987, as amended by the Housing and Community Development Act of 1992, provides funding to States
and local governments, and public and private non-profit organizations that administer programs to prevent or eliminate
discriminatory housing practices. FHIP also provides funding
to programs and activities designed to enforce the rights
granted by title VIII of the Civil Rights Act of 1968, or substantially equivalent State and local fair housing laws. In
addition, FHIP supports funding for education and outreach
programs designed to inform the public concerning rights and
obligations under these laws.
This funding request recognizes the priority of fighting
housing discrimination in an effective and efficient manner.
The Budget also reflects activities addressing predatory lending and continued support for the rebuilding efforts in hurricane-impacted communities in the Gulf Coast region. Combined, these activities are key elements of the Administration’s efforts to expand homeownership opportunities and access to housing free from discrimination.

Federal Funds
46

VerDate Aug 31 2005

583

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Fmt 3616

LEAD HAZARD REDUCTION
For the Lead Hazard Reduction Program, as authorized by section
1011 of the Residential Lead-Based Paint Hazard Reduction Act of
1992, ø$145,000,000¿ $116,000,000, to remain available until September 30, ø2009¿ 2010, of which ø$8,800,000¿ not less than
$14,600,000 shall be for the Healthy Homes Initiative, pursuant to
sections 501 and 502 of the Housing and Urban Development Act
of 1970 that shall include research, studies, testing, and demonstration efforts, including education and outreach concerning lead-based
paint poisoning and other housing-related diseases and hazards: Provided, That for purposes of environmental review, pursuant to the
National Environmental Policy Act of 1969 (42 U.S.C. 4321 et seq.)
and other provisions of law that further the purposes of such Act,
a grant under the Healthy Homes Initiative, Operation Lead Elimination Action Plan (LEAP), or the Lead Technical Studies program
under this heading or under prior appropriations Acts for such purposes under this heading, shall be considered to be funds for a special
project for purposes of section 305(c) of the Multifamily Housing
Property Disposition Reform Act of 1994: øProvided further, That
of the total amount made available under this heading, $48,000,000
shall be made available on a competitive basis for areas with the
highest lead paint abatement needs: Provided further, That each recipient of funds provided under the second proviso shall make a
matching contribution in an amount not less than 25 percent: Provided further, That the Secretary may waive the matching requirement cited in the preceding proviso on a case by case basis if the
Secretary determines that such a waiver is necessary to advance
the purposes of this program: Provided further, That each applicant
shall submit a detailed plan and strategy that demonstrates adequate
capacity that is acceptable to the Secretary to carry out the proposed
use of funds pursuant to a notice of funding availability: Provided
further, That of the total amount made available under this heading,
$2,000,000 shall be available for the Big Buy Program to be managed
by the Office of Healthy Homes and Lead Hazard Control¿ Provided
further, That amounts made available under this heading in prior
appropriations Acts, and that still remain available, may be used
for any purpose under this heading notwithstanding the purpose for
which such amounts were appropriated. (Department of Housing and
Urban Development Appropriations Act, 2008.)
Sfmt 3616

E:\BUDGET\HUD.XXX

HUD

584

OFFICE OF LEAD HAZARD CONTROL AND HEALTHY HOMES—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2009

LEAD HAZARD REDUCTION—Continued
Program and Financing (in millions of dollars)
Identification code 86–0174–0–1–451

2008 est.

2009 est.

152

175

10.00

Total new obligations (object class 41.0) ................

152

175

21.40
22.00
22.10

151
150

149
145

119
116

1 ................... ...................

23.90
23.95
23.98

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance expiring or withdrawn .................

24.40

Unobligated balance carried forward, end of year

149

119

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................

150

145

116

72.40
73.10
73.20
73.40
73.45

74.40

Obligated balance, end of year ................................

86.90
86.93

cprice-sewell on PROD1PC71 with BUDGET PAG

2007 actual

Obligations by program activity:
00.01 Lead abatement .............................................................

302
294
235
¥152
¥175
¥175
¥1 ................... ...................

368

377

Outlays (gross), detail:
Outlays from new discretionary authority ..................... ...................
Outlays from discretionary balances .............................
147

3
152

2
164

87.00

Total outlays (gross) .................................................

147

155

166

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

150
147

145
155

116
166

Title X of the Housing and Community Development Act
of 1992 (Public Law 102–550), known as the Residential LeadBased Paint Hazard Reduction Act, authorized the Secretary
to establish the Lead-Based Paint Hazard Control Grant Program. The primary purpose of the program is to reduce the
exposure of young children to lead-based paint and other environmental hazards in their homes, including protecting them
from permanent developmental problems and asthma, and
exposure to pesticides and carbon monoxide.
The program is a major part of a 10-year strategy to eliminate by 2010 the number one environmental disease impacting children, lead poisoning. The Budget includes $92.6 million for HUD’s Lead Hazard Control Program competitive
grants, $8.8 million for the Technical Support Program, and
$14.6 million for the Healthy Homes Initiative. The budget
includes a provision that would allow the transfer of unobligated balances and recaptured funds from undersubscribed
competitive programs to other competitive programs experiencing oversubscription. It also includes language granting
the Secretary authority to carry out investigations, administer
oaths, and subpoena documents related to lead hazard investigations.
The Lead Hazard Control Grant Program provides grants
of $1 million to $3 million to State and local governments
and Indian tribes for control of lead-based paint hazards in
low-income rental and owner-occupied housing. The grants
are also designed to stimulate the development of a housing
maintenance and rehabilitation workforce trained in lead-safe
work practices and a certified hazard evaluation and control
industry. In awarding grants, HUD promotes the use of new,
low-cost approaches to hazard control that can be replicated
across the nation. Newly-established programmatic efficiency
16:49 Jan 24, 2008

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MANAGEMENT AND ADMINISTRATION
342
348
368
152
175
175
¥147
¥155
¥166
2 ................... ...................
¥1 ................... ...................
348

VerDate Aug 31 2005

measures, such as mitigation cost estimates, will help HUD
determine best practices and maximize resources.
The Healthy Homes Initiative will enable the Department
to assess and control housing-related hazards that contribute
to childhood diseases and injuries. The initiative will demonstrate and evaluate methods for controlling two or more
housing-related diseases through a single intervention. A public education/outreach effort designed to enable the public
to prevent children’s exposure to hazards will also be conducted through a competitive grant process.
The Office of Healthy Homes and Lead Hazard Control
will continue its Technical Support program, which will include public education; technical assistance for State and local
agencies, private property owners, HUD programs and field
offices and professional organizations; quality control to ensure that the evaluation and control of lead-based paint hazards is done properly in HUD-assisted housing; and development of standards, technical guidance, regulations and improved testing and hazard control methods.

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Federal Funds
ADMINISTRATION, OPERATIONS

AND

MANAGEMENT

For necessary salaries and expenses for administration, operations
and management for the Department of Housing and Urban Development, ø$493,630,000¿ $546,217,500, of which not to exceed
ø$69,070,000¿ $76,776,800 shall be available for the personnel compensation and benefits of the Office of Administration; not to exceed
ø$10,630,000¿ $11,028,100 shall be available for the personnel compensation and benefits of the Office of Departmental Operations and
Coordination; not to exceed ø$51,300,000¿ $51,020,100 shall be available for the personnel compensation and benefits of the Office of
Field Policy and Management; not to exceed ø$12,370,000¿
$12,943,300 shall be available for the personnel compensation and
benefits of the Office of the Chief Procurement Officer; not to exceed
ø$31,600,000¿ $33,766,400 shall be available for the personnel compensation and benefits of the øremaining staff in the¿ Office of the
Chief Financial Officer; not to exceed ø$80,670,000¿ $84,834,800 shall
be available for the personnel compensation and benefits of the øremaining staff of the¿ Office of the General Counsel; not to exceed
ø$2,810,000¿ $2,909,700 shall be available for the personnel compensation and benefits of the Office of Departmental Equal Employment Opportunity; not to exceed ø$1,160,000¿ $1,200,400 shall be
available for the personnel compensation and benefits for the Center
for Faith-Based and Community Initiatives; not to exceed $10,059,200
shall be available for the personnel compensation and benefits of the
Office of Departmental Management; and not to exceed
ø$234,020,000¿ $261,678,700 shall be available for non-personnel expenses of the Department of Housing and Urban Development: Provided, That, funds provided under øthe¿ this heading may be used
for necessary administrative and non-administrative expenses of the
Department of Housing and Urban Development, not otherwise provided for, including purchase of uniforms, or allowances therefor,
as authorized by 5 U.S.C. 5901–5902; hire of passenger motor vehicles; services as authorized by 5 U.S.C. 3109: Provided further, That
notwithstanding any other provision of law, funds appropriated under
this heading may be used for advertising and promotional activities
that support the housing mission area: Provided further, That the
Secretary of Housing and Urban Development is authorized to transfer funds appropriated for any office included in Administration, Operations and Management to any other office included in Administration, Operations and Management øonly after such transfer has been
submitted to, and received prior written approval by, the House and
Senate Committees on Appropriations¿: Provided further, That no
appropriation for any office shall be increased or decreased by more
than 10 percent by all such transfers unless written notification to
the House and Senate Committees on Appropriations is provided in
advance: Provided further, That not to exceed $25,000 of the amount
made available under this paragraph for the Office of Departmental
Management shall be available for official reception and representation expenses as the Secretary may determine. (Department of Housing
and Urban Development Appropriations Act, 2008.)
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HUD

MANAGEMENT AND ADMINISTRATION—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
Program and Financing (in millions of dollars)
Identification code 86–0335–0–1–999

2007 actual

Employment Summary
2008 est.

2009 est.

Obligations by program activity:
00.01 Personnel costs .............................................................. ...................
00.02 Benefits .......................................................................... ...................
00.03 Non-personnel costs ...................................................... ...................

205
55
234

224
60
262

10.00

Total new obligations ................................................ ...................

494

546

22.00
23.95

Budgetary resources available for obligation:
New budget authority (gross) ........................................ ...................
Total new obligations .................................................... ...................

494
¥494

546
¥546

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation ............................................................. ...................

494

546

Identification code 86–0335–0–1–999

2007 actual

Direct:
1001 Civilian full-time equivalent employment ..................... ...................

74.40

2008 est.

2009 est.

2,099

2,123

PUBLIC

AND

INDIAN HOUSING PERSONNEL COMPENSATION
BENEFITS

AND

For necessary personnel compensation and benefits expenses of
the Office of Public and Indian Housing, ø$173,310,000¿
$190,340,100. (Department of Housing and Urban Development Appropriations Act, 2008.)
Program and Financing (in millions of dollars)
Identification code 86–0337–0–1–604

72.40
73.10
73.20

585

Change in obligated balances:
Obligated balance, start of year ................................... ................... ...................
Total new obligations .................................................... ...................
494
Total outlays (gross) ...................................................... ...................
¥381
Obligated balance, end of year ................................ ...................

113

113
546
¥534

2007 actual

2008 est.

2009 est.

00.01
00.02

Obligations by program activity:
Personnel costs .............................................................. ...................
Benefits .......................................................................... ...................

137
36

150
40

10.00

Total new obligations ................................................ ...................

173

190

22.00
23.95

173
¥173

190
¥190

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation ............................................................. ...................

173

190

Change in obligated balances:
Obligated balance, start of year ................................... ................... ...................
Total new obligations .................................................... ...................
173
Total outlays (gross) ...................................................... ...................
¥166

7
190
¥190

125

Outlays (gross), detail:
86.90 Outlays from new discretionary authority ..................... ...................
381
86.93 Outlays from discretionary balances ............................. ................... ...................

421
113

87.00

Total outlays (gross) ................................................. ...................

381

534

89.00
90.00

494
381

546
534

72.40
73.10
73.20

The Administration, Operations and Management (AOM)
account was created by the Consolidated Appropriations Act,
2008, which created nine new administrative expense accounts across the Department. As the largest single administrative account, AOM funds many central Departmental functions, including: the Office of Adminstration, the Office of
the Chief Financial Officer, the Office of the Chief Procurement Officer, the Office of Deparmental Operations and Coordination, the Office of the General Counsel, the Office of
Field Policy Management, and several other offices across
the Department, including the Office of the Secretary. The
AOM account also serves as the primary funding source for
all non-personnel expenses, such as travel, overhead expenses
(e.g., rent and utilities), contract services, and other functions.
The Office of the Chief Finanical Officer will provide funds
control oversight and accountability by administering the central non-personnel expense funds.

74.40

86.90
86.93

Obligated balance, end of year ................................ ...................

Outlays (gross), detail:
Outlays from new discretionary authority ..................... ...................
166
Outlays from discretionary balances ............................. ................... ...................

183
7

87.00

Total outlays (gross) ................................................. ...................

166

190

89.00
90.00

173
166

190
190

Object Classification (in millions of dollars)
Identification code 86–0337–0–1–604

2007 actual

2008 est.

2009 est.

137
36

150
40

99.9

173

190

Total new obligations ................................................ ...................

Object Classification (in millions of dollars)

cprice-sewell on PROD1PC71 with BUDGET PAG

Identification code 86–0335–0–1–999

2007 actual

2008 est.

Direct obligations:
Personnel compensation:
11.1
Full-time permanent .................................................. ...................
11.3
Other than full-time permanent ............................... ...................
11.5
Other personnel compensation .................................. ...................

193
3
9

212
3
9

11.9
12.1
21.0
23.1
23.3
24.0
25.2
25.4
25.7
26.0
31.0

205
55
16
100
32
3
30
44
1
5
3

224
60
16
103
33
4
52
45
1
5
3

Total new obligations ................................................ ...................

494

546

Total personnel compensation ..............................
Civilian personnel benefits ............................................
Travel and transportation of persons ............................
Rental payments to GSA ................................................
Communications, utilities, and miscellaneous charges
Printing and reproduction ..............................................
Other services ................................................................
Operation and maintenance of facilities ......................
Operation and maintenance of equipment ...................
Supplies and materials .................................................
Equipment ......................................................................

Employment Summary

2009 est.
Identification code 86–0337–0–1–604

1001

2007 actual

Direct:
Civilian full-time equivalent employment ..................... ...................

16:49 Jan 24, 2008

Jkt 214754

PO 00000

Frm 00047

Fmt 3616

1,589

COMMUNITY PLANNING AND DEVELOPMENT PERSONNEL
COMPENSATION AND BENEFITS
For necessary personnel compensation and benefits expenses of
the Office of Community Planning and Development mission area,
ø$90,310,000¿ $95,035,400. (Department of Housing and Urban Development Appropriations Act, 2008.)
Program and Financing (in millions of dollars)
2007 actual

Obligations by program activity:
VerDate Aug 31 2005

1,501

2009 est.

Identification code 86–0338–0–1–451

99.9

2008 est.

Sfmt 3643

E:\BUDGET\HUD.XXX

HUD

2008 est.

2009 est.

586

MANAGEMENT AND ADMINISTRATION—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2009

COMMUNITY PLANNING AND DEVELOPMENT PERSONNEL
COMPENSATION AND BENEFITS—Continued

73.20

Total outlays (gross) ...................................................... ...................

¥321

¥353

74.40

Obligated balance, end of year ................................ ...................

Outlays (gross), detail:
Outlays from new discretionary authority ..................... ...................
321
Outlays from discretionary balances ............................. ................... ...................

340
13

Program and Financing (in millions of dollars)—Continued
Identification code 86–0338–0–1–451

2007 actual

2008 est.

86.90
86.93

2009 est.

00.01
00.02

Personnel benefits ......................................................... ...................
Benefits .......................................................................... ...................

71
19

75
20

10.00

Total new obligations ................................................ ...................

Budgetary resources available for obligation:
22.00 New budget authority (gross) ........................................ ...................
23.95 Total new obligations .................................................... ...................

90
¥90

74.40

86.90
86.93
87.00

Total outlays (gross) ................................................. ...................

321

353

89.00
90.00

334
321

354
353

95
¥95

Object Classification (in millions of dollars)

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation ............................................................. ...................

72.40
73.10
73.20

87.00

Change in obligated balances:
Obligated balance, start of year ................................... ................... ...................
Total new obligations .................................................... ...................
90
Total outlays (gross) ...................................................... ...................
¥87
Obligated balance, end of year ................................ ...................

3
95
¥94

Outlays (gross), detail:
Outlays from new discretionary authority ..................... ...................
87
Outlays from discretionary balances ............................. ................... ...................

91
3

Total outlays (gross) ................................................. ...................

Identification code 86–0334–0–1–604

2007 actual

2008 est.

2009 est.

264
70

280
74

99.9

334

354

Total new obligations ................................................ ...................

Employment Summary
Identification code 86–0334–0–1–604

2007 actual

2008 est.

Direct:
1001 Civilian full-time equivalent employment ..................... ...................

2009 est.

3,084

3,141

94
f

Net budget authority and outlays:
89.00 Budget authority ............................................................ ...................
90.00 Outlays ........................................................................... ...................

90
87

95
94

OFFICE

OF THE

GOVERNMENT NATIONAL MORTGAGE ASSOCIATION

PERSONNEL COMPENSATION AND BENEFITS

Object Classification (in millions of dollars)
Identification code 86–0338–0–1–451

2007 actual

2008 est.

2009 est.

11.1
12.1

Direct obligations:
Personnel compensation: Full-time permanent ............. ...................
Civilian personnel benefits ............................................ ...................

71
19

75
20

99.9

Total new obligations ................................................ ...................

Employment Summary
Identification code 86–0338–0–1–451

1001

2007 actual

2008 est.

Direct:
Civilian full-time equivalent employment ..................... ...................

807

AND

818

BENEFITS

For necessary personnel compensation and benefits expenses of
the Office of Housing, ø$334,450,000¿ $354,298,500. (Department of
Housing and Urban Development Appropriations Act, 2008.)
Program and Financing (in millions of dollars)
Identification code 86–0334–0–1–604

2007 actual

cprice-sewell on PROD1PC71 with BUDGET PAG

2008 est.

264
70

354

22.00
23.95

334
¥334

354
¥354

354

Change in obligated balances:
72.40 Obligated balance, start of year ................................... ................... ...................
73.10 Total new obligations .................................................... ...................
334

13
354

PO 00000

Frm 00048

2009 est.

7
2

10.00

Total new obligations ................................................ ...................

22.00
23.95

8
¥8

9
¥9

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation ............................................................. ...................

Change in obligated balances:
Total new obligations .................................................... ...................
Total outlays (gross) ...................................................... ...................

8
¥8

9
¥9

73.10
73.20

Obligated balance, end of year ................................ ................... ................... ...................

86.90

Outlays (gross), detail:
Outlays from new discretionary authority ..................... ...................

89.00
90.00

8
8

9
9

Object Classification (in millions of dollars)
Identification code 86–0336–0–1–371

334

Jkt 214754

2008 est.

6
2

280
74

334

16:49 Jan 24, 2008

2007 actual

2009 est.

Total new obligations ................................................ ...................

VerDate Aug 31 2005

Identification code 86–0336–0–1–371

74.40

10.00

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation ............................................................. ...................

Program and Financing (in millions of dollars)

2009 est.

HOUSING PERSONNEL COMPENSATION

For necessary personnel compensation and benefits expenses of
the Office of the Government National Mortgage Association,
ø$8,250,000¿ $8,559,000. (Department of Housing and Urban Development Appropriations Act, 2008.)

Fmt 3616

2007 actual

2008 est.

2009 est.

6
2

7
2

99.9

Sfmt 3643

Total new obligations ................................................ ...................
E:\BUDGET\HUD.XXX

HUD

MANAGEMENT AND ADMINISTRATION—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
Employment Summary
Identification code 86–0336–0–1–371

2007 actual

2008 est.

Direct:
1001 Civilian full-time equivalent employment ..................... ...................

POLICY DEVELOPMENT

AND RESEARCH PERSONNEL
AND BENEFITS

10.00

Total new obligations ................................................ ...................

22.00
23.95

63
¥63

68
¥68

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation ............................................................. ...................

Change in obligated balances:
Obligated balance, start of year ................................... ................... ...................
Total new obligations .................................................... ...................
63
Total outlays (gross) ...................................................... ...................
¥61

2
68
¥67

2009 est.

COMPENSATION

For necessary personnel compensation and benefits expenses of
the Office of Policy Development and Research, ø$16,950,000¿
$19,829,400. (Department of Housing and Urban Development Appropriations Act, 2008.)

72.40
73.10
73.20
74.40

Program and Financing (in millions of dollars)
Identification code 86–0339–0–1–451

2007 actual

2008 est.

2009 est.

00.01
00.02

13
4

16
4

10.00

Total new obligations ................................................ ...................

22.00
23.95

17
¥17

20
¥20

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation ............................................................. ...................

87.00

86.90
86.93

Obligated balance, end of year ................................ ...................

Outlays (gross), detail:
Outlays from new discretionary authority ..................... ...................
61
Outlays from discretionary balances ............................. ................... ...................

65
2

87.00

Total outlays (gross) ................................................. ...................

89.00
90.00

63
61

68
67

Object Classification (in millions of dollars)
Identification code 86–0340–0–1–751

86.90
86.93

587

17
¥16

20
¥20

Outlays (gross), detail:
Outlays from new discretionary authority ..................... ...................
16
Outlays from discretionary balances ............................. ................... ...................

19
1

Total outlays (gross) ................................................. ...................

17
16

2007 actual

2008 est.

2009 est.

50
13

54
14

99.9

Total new obligations ................................................ ...................

Employment Summary

Identification code 86–0340–0–1–751

2007 actual

2008 est.

Direct:
1001 Civilian full-time equivalent employment ..................... ...................

2009 est.

586

600

20
20

OFFICE

HEALTHY HOMES

AND

LEAD HAZARD CONTROL

PERSONNEL COMPENSATION AND BENEFITS

Object Classification (in millions of dollars)
Identification code 86–0339–0–1–451

2007 actual

2008 est.

2009 est.

11.1
12.1

Direct obligations:
Personnel compensation: Full-time permanent ............. ...................
Civilian personnel benefits ............................................ ...................

13
4

16
4

99.9

Total new obligations ................................................ ...................

Employment Summary
Identification code 86–0339–0–1–451

2007 actual

2008 est.

Direct:
1001 Civilian full-time equivalent employment ..................... ...................

133

2009 est.

Program and Financing (in millions of dollars)
Identification code 86–0341–0–1–451

FAIR HOUSING AND EQUAL OPPORTUNITY PERSONNEL
COMPENSATION AND BENEFITS
For necessary personnel compensation and benefits expenses of
the Office of Fair Housing and Equal Opportunity, ø$63,140,000¿
$67,905,100. (Department of Housing and Urban Development Appropriations Act, 2008.)

00.01
00.02

2007 actual

VerDate Aug 31 2005

16:49 Jan 24, 2008

Jkt 214754

PO 00000

2008 est.

2009 est.

6
1

6
2

10.00

Total new obligations ................................................ ...................

22.00
23.95

7
¥7

8
¥8

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation ............................................................. ...................

73.10
73.20

7
¥7

8
¥8

86.90

Outlays (gross), detail:
Outlays from new discretionary authority ..................... ...................

89.00
90.00

7
7

8
8

Program and Financing (in millions of dollars)
Identification code 86–0340–0–1–751

2007 actual

00.01
00.02

146

cprice-sewell on PROD1PC71 with BUDGET PAG

For necessary personnel compensation and benefits expenses of
the Office of Healthy Homes and Lead Hazard Control, ø$6,980,000¿
$7,815,000. (Department of Housing and Urban Development Appropriations Act, 2008.)

2009 est.

50
13

54
14

Frm 00049

Fmt 3616

Sfmt 3643

E:\BUDGET\HUD.XXX

HUD

588

MANAGEMENT AND ADMINISTRATION—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2009

73.10
73.20

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority ..................... ...................
24 ...................
Outlays from discretionary balances ............................. ................... ...................
1

PERSONNEL COMPENSATION AND BENEFITS—Continued

Object Classification (in millions of dollars)
Identification code 86–0341–0–1–451

2007 actual

2008 est.

2009 est.

6
1

6
2

99.9

Total new obligations ................................................ ...................

Employment Summary
Identification code 86–0341–0–1–451

2007 actual

2008 est.

Direct:
1001 Civilian full-time equivalent employment ..................... ...................

2009 est.

øEXECUTIVE DIRECTION¿
øFor necessary salaries and expenses for Executive Direction,
$24,980,000, of which not to exceed $3,930,000 shall be available
for the immediate Office of the Secretary and Deputy Secretary; not
to exceed $1,580,000 shall be available for the Office of Hearings
and Appeals; not to exceed $510,000 shall be available for the Office
of Small and Disadvantaged Business Utilization, not to exceed
$725,000 shall be available for the immediate Office of the Chief
Financial Officer; not to exceed $1,155,000 shall be available for the
immediate Office of the General Counsel; not to exceed $2,670,000
shall be available to the Office of the Assistant Secretary for Congressional and Intergovernmental Relations; not to exceed $2,520,000
shall be for the Office of the Assistant Secretary for Public Affairs;
not to exceed $1,630,000 shall be available for the Office of the
Assistant Secretary for Administration; not to exceed $1,620,000 shall
be available to the Office of the Assistant Secretary for Public and
Indian Housing; not to exceed $1,520,000 shall be available to the
Office of the Assistant Secretary for Community Planning and Development; not to exceed $3,600,000 shall be available to the Office
of the Assistant Secretary for Housing, Federal Housing Commissioner; not to exceed $1,570,000 shall be available to the Office of
the Assistant Secretary for Policy Development and Research; and
not to exceed $1,950,000 shall be available to the Office of the Assistant Secretary for Fair Housing and Equal Opportunity: Provided,
That the Secretary of the Department of Housing and Urban Development is authorized to transfer funds appropriated for any office funded under this heading to any other office funded under this heading
following the written notification to the House and Senate Committees on Appropriations: Provided further, That no appropriation for
any office shall be increased or decreased by more than 5 percent
by all such transfers: Provided further, That notice of any change
in funding greater than 5 percent shall be submitted for prior approval to the House and Senate Committees on Appropriations: Provided further, That the Secretary shall provide the Committees on
Appropriations quarterly written notification regarding the status of
pending congressional reports: Provided further, That not to exceed
$25,000 of the amount made available under this paragraph for the
immediate Office of the Secretary shall be available for official reception and representation expenses as the Secretary may determine.¿
(Department of Housing and Urban Development Appropriations Act,
2008.)

87.00

Total outlays (gross) ................................................. ...................

89.00
90.00

cprice-sewell on PROD1PC71 with BUDGET PAG

2007 actual

2008 est.

2009 est.

Identification code 86–0333–0–1–604

2007 actual

25 ...................

Total new obligations ................................................ ...................

Employment Summary
Identification code 86–0333–0–1–604

2007 actual

2009 est.

170 ...................

SALARIES

AND

EXPENSES

Program and Financing (in millions of dollars)
Identification code 86–0143–0–1–999

2007 actual

Direct program:
00.01 Housing, mortgage credit, regulatory and energy conservation ....................................................................
00.02 Community planning and development programs ........
00.03 Equal opportunity and research programs ....................
00.04 Departmental management, legal and audit services
00.05 Field direction and administration ................................
09.01 Reimbursable program ..................................................

506
89
92
116
338
8

2008 est.

2009 est.

4
3
...................
...................
...................
...................

...................
3
...................
...................
...................
...................

09.99

Total reimbursable program ..........................................

10.00

Total new obligations ....................................................

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................

10
14
7
1,162 ................... ...................
1,172
14
7
¥1,149
¥7
¥3
¥9 ................... ...................

10.00

Total new obligations ................................................ ...................

25 ...................

24.40

Unobligated balance carried forward, end of year

22.00
23.95

25 ...................
¥25 ...................

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation ............................................................. ...................

25 ...................
Fmt 3616

2008 est.

Direct:
1001 Civilian full-time equivalent employment ..................... ...................

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance expiring or withdrawn .................

Frm 00050

2009 est.

99.9

23.90
23.95
23.98

PO 00000

2008 est.

18 ...................
5 ...................
2 ...................

Jkt 214754

25 ...................
24
1

Direct obligations:
11.1 Personnel compensation: Full-time permanent ............. ...................
12.1 Civilian personnel benefits ............................................ ...................
21.0 Travel and transportation of persons ............................ ...................

16:49 Jan 24, 2008

Object Classification (in millions of dollars)

00.01
00.02
00.03

VerDate Aug 31 2005

The Executive Direction account was created by the Consolidated Appropriations Act, 2008, and contains a number
of obligation sub-functions covering various high-level management offices and central administrative functions. The
Budget proposes to eliminate this account for 2009, and instead spreads the relavant management offices’ resources to
their respective bureaus, with the remaining central functions
moving to the Administration, Operations and Management
account. The administrative burden and lack of flexibility afforded by the account outweighs potential management benefits.

Program and Financing (in millions of dollars)
Identification code 86–0333–0–1–604

25 ...................
¥24
¥1

Appropriation (total discretionary) ........................
Reappropriation .........................................................
E:\BUDGET\HUD.XXX

HUD

8 ................... ...................
1,149

581 ................... ...................
¥2 ................... ...................
557 ................... ...................
1,136 ................... ...................
4 ................... ...................

MANAGEMENT AND ADMINISTRATION—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
58.00

Spending authority from offsetting collections: Offsetting collections (cash) .....................................

22 ................... ...................

70.00

Total new budget authority (gross) ..........................

1,162 ................... ...................

72.40
73.10
73.20
73.40

138
134
141
1,149
7
3
¥1,146 ................... ...................
¥7 ................... ...................

74.40

Obligated balance, end of year ................................

589

pendent authority over all personnel issues within this office¿
$115,000,000. (Department of Housing and Urban Development Appropriations Act, 2008.)
Program and Financing (in millions of dollars)

134

141

2007 actual

2008 est.

2009 est.

Obligations by program activity:
00.01 Direct program ...............................................................
00.02 Gulf state recovery program ..........................................

105
5

112
4

115
4

10.00

Total new obligations ................................................

110

116

119

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................

8
113

10
112

6
115

23.90
23.95
23.98

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance expiring or withdrawn .................

24.40

Unobligated balance carried forward, end of year

144

Outlays (gross), detail:
86.90 Outlays from new discretionary authority .....................
86.93 Outlays from discretionary balances .............................

1,051 ................... ...................
95 ................... ...................

87.00

1,146 ................... ...................

Total outlays (gross) .................................................

Identification code 86–0189–0–1–451

Offsets:
Against gross budget authority and outlays:
88.00
Offsetting collections (cash) from: Federal sources

¥22 ................... ...................

1,140 ................... ...................
1,124 ................... ...................

Beginning with the passage of the Consolidated Appropriations Act, 2008, this account will no longer receive new appropriations. Instead, salary and expense activities are now
spread across many accounts, achieving greater transparency
and accountability within the Department. Resources remaining in this account reflect prior-year appropriations and otherwise unexpended amounts.
Formerly, this appropriation financed virtually all salaries,
benefits, travel, contract expenses, and related administrative
costs associated with administering the programs of the Department of Housing and Urban Development.

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................
42.00
Transferred from other accounts ..............................

121
122
121
¥110
¥116
¥119
¥1 ................... ...................
10

89
112
115
24 ................... ...................

43.00

Appropriation (total discretionary) ........................

113

112

115

72.40
73.10
73.20

15
110
¥111

14
116
¥117

13
119
¥118

74.40

Obligated balance, end of year ................................

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority .....................
Outlays from discretionary balances .............................

97
14

103
14

106
12

87.00

Total outlays (gross) .................................................

111

117

118

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

113
111

112
117

115
118

Object Classification (in millions of dollars)
Identification code 86–0143–0–1–999

11.1
11.3
11.5
11.9
12.1
21.0
23.1
23.3

2007 actual

Direct obligations:
Personnel compensation:
Full-time permanent .............................................
Other than full-time permanent ...........................
Other personnel compensation .............................

2008 est.

2009 est.

714 ................... ...................
3 ................... ...................
9 ................... ...................
726 ................... ...................
194 ................... ...................
16
1
1
96 ................... ...................

24.0
25.2
25.4
25.7
26.0
31.0

Total personnel compensation ..............................
Civilian personnel benefits .......................................
Travel and transportation of persons .......................
Rental payments to GSA ...........................................
Communications, utilities, and miscellaneous
charges .................................................................
Printing and reproduction .........................................
Other services ............................................................
Operation and maintenance of facilities ..................
Operation and maintenance of equipment ...............
Supplies and materials .............................................
Equipment .................................................................

99.0
99.0

Direct obligations ..................................................
Reimbursable obligations ..............................................

1,138
7
3
11 ................... ...................

99.9

Total new obligations ................................................

28
3
23
43
1
5
3

...................
...................
6
...................
...................
...................
...................

...................
...................
2
...................
...................
...................
...................

cprice-sewell on PROD1PC71 with BUDGET PAG

Direct:
Civilian full-time equivalent employment .....................
Reimbursable:
2001 Civilian full-time equivalent employment .....................

Identification code 86–0189–0–1–451

8,286 ................... ...................

11.9
12.1
21.0
23.1
25.2

66
15
5
7
17

69
15
5
7
20

72
15
5
7
20

67 ................... ...................

99.9

Total new obligations ................................................

110

116

119

2008 est.

2009 est.

Employment Summary

INSPECTOR GENERAL

16:49 Jan 24, 2008

Jkt 214754

2009 est.

67
5

Identification code 86–0189–0–1–451

For necessary salaries and expenses of the Office of Inspector General in carrying out the Inspector General Act of 1978, as amended,
ø$112,000,000: Provided, That the Inspector General shall have indeVerDate Aug 31 2005

2008 est.

64
5

OFFICE

2007 actual

61
5

1,149

2007 actual

1001

Object Classification (in millions of dollars)

Direct obligations:
Personnel compensation:
11.1
Full-time permanent ..................................................
11.5
Other personnel compensation ..................................

Employment Summary
Identification code 86–0143–0–1–999

This appropriation provides agency wide audit and investigative functions to identify and correct management and
administrative deficiencies that create conditions for existing
or potential instances of fraud, waste and mismanagement.
The audit function provides internal audit and contract audit.
Internal audits review and evaluate all facets of agency operations. The investigative function provides for the detection
and investigation of improper and illegal activities involving
programs, personnel, and operations. The Budget proposes
$115 million, an increase of 2.7 percent, to maintain the existing staff level.

PO 00000

Frm 00051

Fmt 3616

1001

2007 actual

Direct:
Civilian full-time equivalent employment .....................

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E:\BUDGET\HUD.XXX

HUD

632

2008 est.

650

2009 est.

650

590

MANAGEMENT AND ADMINISTRATION—Continued
Federal Funds—Continued

øOFFICE

THE BUDGET FOR FISCAL YEAR 2009

FEDERAL HOUSING ENTERPRISE OVERSIGHT¿
øSALARIES

AND

Special and Trust Fund Receipts (in millions of dollars)
Identification code 86–5272–0–2–371

2007 actual

2008 est.

2009 est.

Balance, start of year .................................................... ................... ................... ...................

01.99

Balance, start of year .................................................... ................... ................... ...................
Receipts:
02.00 Office of Federal Housing Enterprise Oversight ............
66
66
67
02.01 Office of Federal Housing Enterprise Oversight—legislative proposal not subject to PAYGO ....................... ................... ...................
¥67
02.99

Total outlays (gross) .................................................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

66
63

66
66

67
67

EXPENSES¿

øFor carrying out the Federal Housing Enterprises Financial Safety
and Soundness Act of 1992, including not to exceed $500 for official
reception and representation expenses, $66,000,000, to remain available until expended, to be derived from the Federal Housing Enterprises Oversight Fund: Provided, That the Director shall submit a
spending plan for the amounts provided under this heading no later
than January 15, 2008: Provided further, That not less than 80 percent of the total amount made available under this heading shall
be used only for examination, supervision, and capital oversight of
the enterprises (as such term is defined in section 1303 of the Federal
Housing Enterprises Financial Safety and Soundness Act of 1992
(12 U.S.C. 4502)) to ensure that the enterprises are operating in
a financially safe and sound manner and complying with the capital
requirements under Subtitle B of such Act: Provided further, That
not to exceed the amount provided herein shall be available from
the general fund of the Treasury to the extent necessary to incur
obligations and make expenditures pending the receipt of collections
to the Fund: Provided further, That the general fund amount shall
be reduced as collections are received during the fiscal year so as
to result in a final appropriation from the general fund estimated
at not more than $0.¿ (Department of Housing and Urban Development Appropriations Act, 2008.)

01.00

87.00

Total receipts and collections ...................................

Summary of Budget Authority and Outlays
(in millions of dollars)
2007 actual

2008 est.

Enacted/requested:
Budget Authority .....................................................................
66
66
Outlays ....................................................................................
63
66
Legislative proposal, not subject to PAYGO:
Budget Authority ..................................................................... .................... ....................
Outlays .................................................................................... .................... ....................
Total:
Budget Authority .....................................................................
Outlays ....................................................................................

66
63

2009 est.

67
67
–67
–57

66 ....................
66
10

The Office of Federal Housing Enterprise Oversight
(OFHEO) was authorized in the Federal Housing Enterprise
Safety and Soundness Act of 1992. OFHEO was established
in 1992 to regulate the financial safety and soundness of
two housing Government-sponsored enterprises (GSEs)—
Fannie Mae and Freddie Mac. OFHEO is required to ensure
that the GSEs meet capital standards, and to conduct onsite
annual examinations at the GSEs for the purpose for ensuring
their financial safety and soundness.
The Budget re-proposes a new strengthened housing GSE
regulator as an independent agency. All OFHEO resources
would be transferred to it. The Administration continues to
support direct funding of these activities with mandatory
assessmentson Fannie Mae and Freddie Mac.

66 ...................

Object Classification (in millions of dollars)
04.00

Total: Balances and collections ....................................
66
66 ...................
Appropriations:
05.00 Office of Federal Housing Enterprise Oversight ............
¥66
¥66
¥67
05.01 Office of Federal Housing Enterprise Oversight—legislative proposal not subject to PAYGO ....................... ................... ...................
67
05.99
07.99

Total appropriations ..................................................

¥66

¥66 ...................

Balance, end of year ..................................................... ................... ................... ...................

Program and Financing (in millions of dollars)
Identification code 86–5272–0–2–371

2007 actual

2008 est.

2009 est.

00.01

Obligations by program activity:
Direct program ...............................................................

10.00

Total new obligations ................................................

22.00
22.10

Budgetary resources available for obligation:
New budget authority (gross) ........................................
Resources available from recoveries of prior year obligations .......................................................................

23.90
23.95
24.40

Total budgetary resources available for obligation
Total new obligations ....................................................

Identification code 86–5272–0–2–371

11.1
12.1
21.0
23.2
23.3
25.2
31.0

2007 actual

67
¥67

66
¥66

2009 est.

37
10
1
1
1
13
2

36
11
1
1
1
12
4

99.0
99.5

Direct obligations ......................................................
Below reporting threshold ..............................................

66
1

65
1

66
1

99.9

Total new obligations ................................................

Employment Summary
Identification code 86–5272–0–2–371

1 ................... ...................

2008 est.

Direct obligations:
Personnel compensation: Personnel Compensation ......
30
Civilian personnel benefits ............................................
8
Travel and transportation of persons ............................ ...................
Rental payments to others ............................................
1
Communications, utilities, and miscellaneous charges
1
Other services ................................................................
24
Equipment ......................................................................
2

2007 actual

Direct:
1001 Civilian full-time equivalent employment .....................

67
¥67

OFFICE

2008 est.

230

262

2009 est.

257

FEDERAL HOUSING ENTERPRISE OVERSIGHT

(Legislative proposal, not subject to PAYGO)

Unobligated balance carried forward, end of year ................... ................... ...................

Program and Financing (in millions of dollars)

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New budget authority (gross), detail:
Discretionary:
40.20
Appropriation (special fund) .....................................
Change in obligated balances:
72.40 Obligated balance, start of year ...................................
73.10 Total new obligations ....................................................
73.20 Total outlays (gross) ......................................................
73.45 Recoveries of prior year obligations ..............................

Identification code 86–5272–2–2–371

22
25
25
67
66
67
¥63
¥66
¥67
¥1 ................... ...................

74.40

Obligated balance, end of year ................................

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority .....................
Outlays from discretionary balances .............................

46
17

57
9

57
10

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2008 est.

2009 est.

¥67

10.00

Total new obligations ................................................ ................... ...................

¥67

22.00
23.95

¥67
67

24.40

PO 00000

2007 actual

Obligations by program activity:
00.01 Direct program ............................................................... ................... ...................

Unobligated balance carried forward, end of year ................... ................... ...................
New budget authority (gross), detail:
Discretionary:

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HUD

MANAGEMENT AND ADMINISTRATION—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
40.20

Appropriation (special fund) ..................................... ................... ...................

¥67

73.10
73.20

¥67
57

74.40

Obligated balance, end of year ................................ ................... ...................

¥10

Outlays (gross), detail:
86.90 Outlays from new discretionary authority ..................... ................... ...................

¥57

¥67
¥57

89.00
90.00

195
53

155
80

224
89

43.00

248

235

313

58.90

2007 actual

2008 est.

...................
...................
...................
...................
...................
...................
...................

¥36
¥11
¥1
¥1
¥1
¥12
¥4

99.0
99.5

Direct obligations ...................................................... ................... ...................
Below reporting threshold .............................................. ................... ...................

¥66
¥1

99.9

Total new obligations ................................................ ................... ...................

¥67

11.1
12.1
21.0
23.2
23.3
25.2
31.0

Direct obligations:
Personnel compensation: Personnel Compensation ......
Civilian personnel benefits ............................................
Travel and transportation of persons ............................
Rental payments to others ............................................
Communications, utilities, and miscellaneous charges
Other services ................................................................
Equipment ......................................................................

2009 est.

Employment Summary
Identification code 86–5272–2–2–371

2007 actual

2008 est.

Direct:
1001 Civilian full-time equivalent employment ..................... ................... ...................

Appropriation (total discretionary) ........................
Spending authority from offsetting collections:
Offsetting collections (cash) ................................
Change in uncollected customer payments from
Federal sources (unexpired) .............................

58.00
58.10

2009 est.

¥257

9 ................... ...................
¥9 ................... ...................

Spending authority from offsetting collections
(total discretionary) .......................................... ................... ................... ...................

70.00

Total new budget authority (gross) ..........................

72.40
73.10
73.20
73.40
73.45
74.00

Object Classification (in millions of dollars)
Identification code 86–5272–2–2–371

591

248

235

313

192
179
63
264
235
313
¥275
¥339
¥321
¥2 ................... ...................
¥9
¥12
¥8
9 ................... ...................

74.40

Obligated balance, end of year ................................

179

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority .....................
Outlays from discretionary balances .............................

85
190

176
163

235
86

87.00

Total outlays (gross) .................................................

275

339

321

Offsets:
Against gross budget authority and outlays:
88.00
Offsetting collections (cash) from: Federal sources
Against gross budget authority only:
88.95
Change in uncollected customer payments from
Federal sources (unexpired) ..................................

¥9 ................... ...................

9 ................... ...................

WORKING CAPITAL FUND
For additional capital for the Working Capital Fund (42 U.S.C.
3535) for the development of, modifications to, and infrastructure
for Department-wide information technology systems, for the continuing operation and maintenance of both Department-wide and program-specific information systems, and for program-related development activities, ø$155,000,000¿ $224,000,000, to remain available
until September 30, ø2009¿ 2010: Provided, That any amounts transferred to this Fund under this Act shall remain available until expended: Provided further, That any amounts transferred to this Fund
from amounts appropriated by previously enacted appropriations Acts
or from within this Act may be used only for the purposes specified
under this Fund, in addition to the purposes for which such amounts
were appropriated: Provided further, That up to $15,000,000 may
be transferred to this account from all other accounts in this title
(except for the Office of the Inspector General account and the Office
of Federal Housing Enterprise Oversight account) that make funds
available for salaries and expenses. (Department of Housing and
Urban Development Appropriations Act, 2008.)

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

248
266

235
339

313
321

The Working Capital Fund (WCF), authorized by the Department of Housing and Urban Development Act of 1965,
finances the information technology business functions of the
Department. The WCF provides funding for the operation,
maintenance, and modernization of IT systems in support
of FHA Mortgage Insurance, housing assistance, grants programs, disaster relief, and core financial and general operations. The Budget requests a direct appropriation of $224
million for IT business operations, infrastructure, and 280
personnel. An additional $89 million in program transfers
are also requested to develop, modify, and enhance systems
that benefit specific programs.
Object Classification (in millions of dollars)

Program and Financing (in millions of dollars)
Identification code 86–4586–0–4–451

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Identification code 86–4586–0–4–451

2007 actual

2008 est.

00.01

Obligations by program activity:
Information Technology ..................................................

264

235

313

10.00

Total new obligations ................................................

264

235

313

21.40
22.00
22.10

41
248

34
235

46
313

23.90
23.95

Total budgetary resources available for obligation
Total new obligations ....................................................

298
¥264

281
¥235

367
¥313

24.40

Unobligated balance carried forward, end of year

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2007 actual

2008 est.

2009 est.

11.1
12.1
25.2
25.7

Direct obligations:
Personnel compensation: Full-time permanent .............
Civilian personnel benefits ............................................
Other services ................................................................
Operation and maintenance of equipment ...................

29
7
63
165

29
7
56
143

31
7
75
200

99.9

Total new obligations ................................................

264

235

313

Employment Summary
Identification code 86–4586–0–4–451

1001

2007 actual

Direct:
Civilian full-time equivalent employment .....................

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E:\BUDGET\HUD.XXX

HUD

291

2008 est.

280

2009 est.

280

592

GENERAL FUND RECEIPT ACCOUNTS

THE BUDGET FOR FISCAL YEAR 2009

WORKING CAPITAL FUND—Continued

GENERAL FUND RECEIPT ACCOUNTS
(in millions of dollars)
2007 actual

2008 est.

2009 est.

Offsetting receipts from the public:
86–143500 General Fund Proprietary Interest Receipts,
not Otherwise Classified .................................................... ...................
2
2
86–246900 Government-sponsored Enterprises Oversight
Fee ...................................................................................... ................... ...................
6
86–271910 FHA-general and Special Risk, Negative Subsidies ..................................................................................
1,013
688
612
Legislative proposal, not subject to PAYGO ............................... ................... ...................
¥462
86–271930 FHA-general and Special Risk, Downward Reestimates of Subsidies .......................................................
1,746
897 ...................
86–274330 Indian Housing Loan Guarantees, Downward
Reestimates of Subsidies ...................................................
1
6 ...................
86–276230 Title VI Indian Loan Guarantee Downward Reestimate ..............................................................................
7
3 ...................
86–277330 Community Development Loan Guarantees,
Downward Reestimates ......................................................
5
3 ...................
86–322000 All Other General Fund Proprietary Receipts
Including Budget Clearing Accounts .................................
32
18
18
General Fund Offsetting receipts from the public .....................
2,804
1,617
176
Intragovernmental payments: ......................................................
86–388510 Undistributed Intragovernmental Payments ....

General Fund Intragovernmental payments ................................

GENERAL PROVISIONS

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(INCLUDING

øRESCISSION¿

CANCELLATION OF FUNDS)

SEC. 201. Fifty percent of the amounts of budget authority, or
in lieu thereof 50 percent of the cash amounts associated with such
budget authority, that are recaptured from projects described in section 1012(a) of the Stewart B. McKinney Homeless Assistance
Amendments Act of 1988 (42 U.S.C. 1437 note) shall be ørescinded¿
cancelled or in the case of cash, shall be remitted to the Treasury,
and such amounts of budget authority or cash recaptured and not
ørescinded¿ cancelled or remitted to the Treasury shall be used by
State housing finance agencies or local governments or local housing
agencies with projects approved by the Secretary of Housing and
Urban Development for which settlement occurred after January 1,
1992, in accordance with such section. Notwithstanding the previous
sentence, the Secretary may award up to 15 percent of the budget
authority or cash recaptured and not ørescinded¿ cancelled or remitted to the Treasury to provide project owners with incentives to
refinance their project at a lower interest rate.
SEC. 202. None of the amounts made available under this Act
may be used during fiscal year ø2008¿ 2009 to investigate or prosecute under the Fair Housing Act any otherwise lawful activity engaged in by one or more persons, including the filing or maintaining
of a non-frivolous legal action, that is engaged in solely for the purpose of achieving or preventing action by a Government official or
entity, or a court of competent jurisdiction.
SEC. 203. (a) Notwithstanding section 854(c)(1)(A) of the AIDS
Housing Opportunity Act (42 U.S.C. 12903(c)(1)(A)), from any
amounts made available under this title for fiscal year ø2008¿ 2009
that are allocated under such section, the Secretary of Housing and
Urban Development shall allocate and make a grant, in the amount
determined under subsection (b), for any State that—
(1) received an allocation in a prior fiscal year under clause
(ii) of such section; and
(2) is not otherwise eligible for an allocation for fiscal year ø2008¿
2009 under such clause (ii) because the areas in the State outside
of the metropolitan statistical areas that qualify under clause (i)
in fiscal year ø2008¿ 2009 do not have the number of cases of
acquired immunodeficiency syndrome (AIDS) required under such
clause.
(b) The amount of the allocation and grant for any State described
in subsection (a) shall be an amount based on the cumulative number
of AIDS cases in the areas of that State that are outside of metropolitan statistical areas that qualify under clause (i) of such section
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854(c)(1)(A) in fiscal year ø2008¿ 2009, in proportion to AIDS cases
among cities and States that qualify under clauses (i) and (ii) of
such section and States deemed eligible under subsection (a).
(c) Notwithstanding any other provision of law, the amount allocated for fiscal year ø2008¿ 2009 under section 854(c) of the AIDS
Housing Opportunity Act (42 U.S.C. 12903(c)), to the City of New
York, New York, on behalf of the New York-Wayne-White Plains,
New York-New Jersey Metropolitan Division (hereafter ‘‘metropolitan
division’’) of the New York-Newark-Edison, NY-NJ-PA Metropolitan
Statistical Area, shall be adjusted by the Secretary of Housing and
Urban Development by: (1) allocating to the City of Jersey City,
New Jersey, the proportion of the metropolitan area’s or division’s
amount that is based on the number of cases of AIDS reported in
the portion of the metropolitan area or division that is located in
Hudson County, New Jersey, and adjusting for the proportion of
the metropolitan division’s high incidence bonus if this area in New
Jersey also has a higher than average per capita incidence of AIDS;
and (2) allocating to the City of Paterson, New Jersey, the proportion
of the metropolitan area’s or division’s amount that is based on the
number of cases of AIDS reported in the portion of the metropolitan
area or division that is located in Bergen County and Passaic County,
New Jersey, and adjusting for the proportion of the metropolitan
division’s high incidence bonus if this area in New Jersey also has
a higher than average per capita incidence of AIDS. The recipient
cities shall use amounts allocated under this subsection to carry
out eligible activities under section 855 of the AIDS Housing Opportunity Act (42 U.S.C. 12904) in their respective portions of the metropolitan division that is located in New Jersey.
(d) Notwithstanding any other provision of law, the amount allocated for fiscal year ø2008¿ 2009 under section 854(c) of the AIDS
Housing Opportunity Act (42 U.S.C. 12903(c)) to areas with a higher
than average per capita incidence of AIDS, shall be adjusted by
the Secretary on the basis of area incidence reported over a three
year period.
SEC. 204. Except as explicitly provided in law, any grant, cooperative agreement or other assistance made pursuant to title II of this
Act shall be made on a competitive basis and in accordance with
section 102 of the Department of Housing and Urban Development
Reform Act of 1989 (42 U.S.C. 3545).
øSEC. 205. Funds of the Department of Housing and Urban Development subject to the Government Corporation Control Act or section
402 of the Housing Act of 1950 shall be available, without regard
to the limitations on administrative expenses, for legal services on
a contract or fee basis, and for utilizing and making payment for
services and facilities of the Federal National Mortgage Association,
Government National Mortgage Association, Federal Home Loan
Mortgage Corporation, Federal Financing Bank, Federal Reserve
banks or any member thereof, Federal Home Loan banks, and any
insured bank within the meaning of the Federal Deposit Insurance
Corporation Act, as amended (12 U.S.C. 1811–1831).¿
øSEC. 206. Unless otherwise provided for in this Act or through
a reprogramming of funds, no part of any appropriation for the Department of Housing and Urban Development shall be available for
any program, project or activity in excess of amounts set forth in
the budget estimates submitted to Congress.¿
SEC. ø207¿ 205. Corporations and agencies of the Department of
Housing and Urban Development which are subject to the Government Corporation Control Act, are hereby authorized to make such
expenditures, within the limits of funds and borrowing authority
available to each such corporation or agency and in accordance with
law, and to make such contracts and commitments without regard
to fiscal year limitations as provided by section 104 of such Act
as may be necessary in carrying out the programs set forth in the
budget for ø2008¿ 2009 for such corporation or agency except as
hereinafter provided: Provided, That collections of these corporations
and agencies may be used for new loan or mortgage purchase commitments only to the extent expressly provided for in this Act (unless
such loans are in support of other forms of assistance provided for
in this or prior appropriations Acts), except that this proviso shall
not apply to the mortgage insurance or guaranty operations of these
corporations, or where loans or mortgage purchases are necessary
to protect the financial interest of the United States Government.
øSEC. 208. None of the funds provided in this title for technical
assistance, training, or management improvements may be obligated
or expended unless the Secretary of Housing and Urban Development
provides to the Committees on Appropriations a description of each
proposed activity and a detailed budget estimate of the costs associated with each program, project or activity as part of the Budget
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HUD

GENERAL PROVISIONS—Continued

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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
Justifications. For fiscal year 2008, the Secretary shall transmit this
information to the Committees by March 15, 2008 for 30 days of
review.¿
øSEC. 209. The Secretary of Housing and Urban Development shall
provide quarterly reports to the House and Senate Committees on
Appropriations regarding all uncommitted, unobligated, recaptured
and excess funds in each program and activity within the jurisdiction
of the Department and shall submit additional, updated budget information to these Committees upon request.¿
SEC. ø210¿ 206. (a) Notwithstanding any other provision of law,
the amount allocated for fiscal year ø2008¿ 2009 under section 854(c)
of the AIDS Housing Opportunity Act (42 U.S.C. 12903(c)), to the
City of Wilmington, Delaware, on behalf of the Wilmington, Delaware-Maryland-New Jersey Metropolitan Division (hereafter ‘‘metropolitan division’’), shall be adjusted by the Secretary of Housing and
Urban Development by allocating to the State of New Jersey the
proportion of the metropolitan division’s amount that is based on
the number of cases of AIDS reported in the portion of the metropolitan division that is located in New Jersey, and adjusting for the
proportion of the metropolitan division’s high incidence bonus if this
area in New Jersey also has a higher than average per capita incidence of AIDS. The State of New Jersey shall use amounts allocated
to the State under this subsection to carry out eligible activities
under section 855 of the AIDS Housing Opportunity Act (42 U.S.C.
12904) in the portion of the metropolitan division that is located
in New Jersey.
(b) Notwithstanding any other provision of law, the Secretary of
Housing and Urban Development shall allocate to Wake County,
North Carolina, the amounts that otherwise would be allocated for
fiscal year ø2008¿ 2009 under section 854(c) of the AIDS Housing
Opportunity Act (42 U.S.C. 12903(c)) to the City of Raleigh, North
Carolina, on behalf of the Raleigh-Cary, North Carolina Metropolitan
Statistical Area. Any amounts allocated to Wake County shall be
used to carry out eligible activities under section 855 of such Act
(42 U.S.C. 12904) within such metropolitan statistical area.
(c) Notwithstanding section 854(c) of the AIDS Housing Opportunity Act (42 U.S.C. 12903(c)), the Secretary of Housing and Urban
Development may adjust the allocation of the amounts that otherwise
would be allocated for fiscal year ø2008¿ 2009 under section 854(c)
of such Act, upon the written request of an applicant, in conjunction
with the State(s), for a formula allocation on behalf of a metropolitan
statistical area, to designate the State or States in which the metropolitan statistical area is located as the eligible grantee(s) of the
allocation. In the case that a metropolitan statistical area involves
more than one State, such amounts allocated to each State shall
be in proportion to the number of cases of AIDS reported in the
portion of the metropolitan statistical area located in that State.
Any amounts allocated to a State under this section shall be used
to carry out eligible activities within the portion of the metropolitan
statistical area located in that State.
øSEC. 211. The Secretary of Housing and Urban Development shall
submit an annual report no later than August 30, 2008 and annually
thereafter to the House and Senate Committees on Appropriations
regarding the number of Federally assisted units under lease and
the per unit cost of these units to the Department of Housing and
Urban Development.¿
øSEC. 212. The President’s formal budget request for fiscal year
2009, as well as the Department of Housing and Urban Development’s congressional budget justifications to be submitted to the Committees on Appropriations of the House of Representatives and the
Senate, shall use the identical account and sub-account structure
provided under this Act.¿
øSEC. 213. Amounts made available in this Act or previous appropriations Acts for tenant-based rental assistance and used for nonelderly disabled families or for the Family Unification Program shall,
to the extent practicable, remain available for each such respective
purpose upon turn-over.¿
SEC. ø214¿ 207. A public housing agency or such other entity that
administers Federal housing assistance for the Housing Authority
of the county of Los Angeles, California, the States of Alaska, Iowa,
and Mississippi shall not be required to include a resident of public
housing or a recipient of assistance provided under section 8 of the
United States Housing Act of 1937 on the board of directors or a
similar governing board of such agency or entity as required under
section (2)(b) of such Act. Each public housing agency or other entity
that administers Federal housing assistance under section 8 for the
Housing Authority of the county of Los Angeles, California and the
States of Alaska, Iowa and Mississippi that chooses not to include
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593

a resident of Public Housing or a recipient of section 8 assistance
on the board of directors or a similar governing board shall establish
an advisory board of not less than 6 residents of public housing
or recipients of section 8 assistance to provide advice and comment
to the public housing agency or other administering entity on issues
related to public housing and section 8. Such advisory board shall
meet not less than quarterly.
øSEC. 215. (a) Notwithstanding any other provision of law, subject
to the conditions listed in subsection (b), for fiscal years 2008 and
2009, the Secretary of Housing and Urban Development may authorize the transfer of some or all project-based assistance, debt and
statutorily required low-income and very low-income use restrictions,
associated with one or more multifamily housing project to another
multifamily housing project or projects.
(b) The transfer authorized in subsection (a) is subject to the following conditions:
(1) The number of low-income and very low-income units and
the net dollar amount of Federal assistance provided by the transferring project shall remain the same in the receiving project or
projects.
(2) The transferring project shall, as determined by the Secretary,
be either physically obsolete or economically non-viable.
(3) The receiving project or projects shall meet or exceed applicable physical standards established by the Secretary.
(4) The owner or mortgagor of the transferring project shall notify
and consult with the tenants residing in the transferring project
and provide a certification of approval by all appropriate local governmental officials.
(5) The tenants of the transferring project who remain eligible
for assistance to be provided by the receiving project or projects
shall not be required to vacate their units in the transferring
project or projects until new units in the receiving project are
available for occupancy.
(6) The Secretary determines that this transfer is in the best
interest of the tenants.
(7) If either the transferring project or the receiving project or
projects meets the condition specified in subsection (c)(2)(A), any
lien on the receiving project resulting from additional financing
obtained by the owner shall be subordinate to any FHA-insured
mortgage lien transferred to, or placed on, such project by the
Secretary.
(8) If the transferring project meets the requirements of subsection (c)(2)(E), the owner or mortgagor of the receiving project
or projects shall execute and record either a continuation of the
existing use agreement or a new use agreement for the project
where, in either case, any use restrictions in such agreement are
of no lesser duration than the existing use restrictions.
(9) Any financial risk to the FHA General and Special Risk
Insurance Fund, as determined by the Secretary, would be reduced
as a result of a transfer completed under this section.
(10) The Secretary determines that Federal liability with regard
to this project will not be increased.
(c) For purposes of this section—
(1) the terms ‘‘low-income’’ and ‘‘very low-income’’ shall have the
meanings provided by the statute and/or regulations governing the
program under which the project is insured or assisted;
(2) the term ‘‘multifamily housing project’’ means housing that
meets one of the following conditions—
(A) housing that is subject to a mortgage insured under the
National Housing Act;
(B) housing that has project-based assistance attached to the
structure including projects undergoing mark to market debt restructuring under the Multifamily Assisted Housing Reform and
Affordability Housing Act;
(C) housing that is assisted under section 202 of the Housing
Act of 1959 as amended by section 801 of the Cranston-Gonzales
National Affordable Housing Act;
(D) housing that is assisted under section 202 of the Housing
Act of 1959, as such section existed before the enactment of
the Cranston-Gonzales National Affordable Housing Act; or
(E) housing or vacant land that is subject to a use agreement;
(3) the term ‘‘project-based assistance’’ means—
(A) assistance provided under section 8(b) of the United States
Housing Act of 1937;
(B) assistance for housing constructed or substantially rehabilitated pursuant to assistance provided under section 8(b)(2) of
such Act (as such section existed immediately before October
1, 1983);
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GENERAL PROVISIONS—Continued

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(C) rent supplement payments under section 101 of the Housing and Urban Development Act of 1965;
(D) interest reduction payments under section 236 and/or additional assistance payments under section 236(f)(2) of the National
Housing Act; and
(E) assistance payments made under section 202(c)(2) of the
Housing Act of 1959;
(4) the term ‘‘receiving project or projects’’ means the multifamily
housing project or projects to which some or all of the projectbased assistance, debt, and statutorily required use low-income and
very low-income restrictions are to be transferred;
(5) the term ‘‘transferring project’’ means the multifamily housing
project which is transferring some or all of the project-based assistance, debt and the statutorily required low-income and very lowincome use restrictions to the receiving project or projects; and
(6) the term ‘‘Secretary’’ means the Secretary of Housing and
Urban Development.¿
øSEC. 216. The funds made available for Native Alaskans under
the heading ‘‘Native American Housing Block Grants’’ in title III
of this Act shall be allocated to the same Native Alaskan housing
block grant recipients that received funds in fiscal year 2005.¿
øSEC. 217. No funds provided under this title may be used for
an audit of the Government National Mortgage Association that
makes applicable requirements under the Federal Credit Reform Act
of 1990 (2 U.S.C. 661 et seq.).¿
SEC. ø218¿ 208. (a) No assistance shall be provided under section
8 of the United States Housing Act of 1937 (42 U.S.C. 1437f) to
any individual who—
(1) is enrolled as a student at an institution of higher education
(as defined under section 102 of the Higher Education Act of 1965
(20 U.S.C. 1002));
(2) is under 24 years of age;
(3) is not a veteran;
(4) is unmarried;
(5) does not have a dependent child;
(6) is not a person with disabilities, as such term is defined
in section 3(b)(3)(E) of the United States Housing Act of 1937
(42 U.S.C. 1437a(b)(3)(E)) and was not receiving assistance under
such section 8 as of November 30, 2005; and
(7) is not otherwise individually eligible, or has parents who,
individually or jointly, are not eligible, to receive assistance under
section 8 of the United States Housing Act of 1937 (42 U.S.C.
1437f).
(b) For purposes of determining the eligibility of a person to receive
assistance under section 8 of the United States Housing Act of 1937
(42 U.S.C. 1437f), any financial assistance (in excess of amounts
received for tuition) that an individual receives under the Higher
Education Act of 1965 (20 U.S.C. 1001 et seq.), from private sources,
or an institution of higher education (as defined under the Higher
Education Act of 1965 (20 U.S.C. 1002)), shall be considered income
to that individual, except for a person over the age of 23 with dependent children.
ø(c) Not later than 30 days after the date of enactment of this
Act, the Secretary of Housing and Urban Development shall issue
final regulations to carry out the provisions of this section.¿
SEC. ø219¿ 209. øNotwithstanding the limitation in the first sentence of section¿ Section 255(g) of the National Housing Act (12
U.S.C. 1715z–20(g))ø, the Secretary of Housing and Urban Development may, until September 30, 2008, insure and enter into commitments to insure mortgages under section 255 of the National Housing
Act (12 U.S.C. 1715z–20)¿ is amended by striking the first sentence.
øSEC. 220. Notwithstanding any other provision of law, in fiscal
year 2008, in managing and disposing of any multifamily property
that is owned or has a mortgage held by the Secretary of Housing
and Urban Development, the Secretary shall maintain any rental
assistance payments under section 8 of the United States Housing
Act of 1937 and other programs that are attached to any dwelling
units in the property. To the extent the Secretary determines, in
consultation with the tenants and the local government, that such
a multifamily property owned or held by the Secretary is not feasible
for continued rental assistance payments under such section 8 or
other programs, based on consideration of (1) the costs of rehabilitating and operating the property and all available Federal, State,
and local resources, including rent adjustments under section 524
of the Multifamily Assisted Housing Reform and Affordability Act
of 1997 (‘‘MAHRAA’’) and (2) environmental conditions that cannot
be remedied in a cost-effective fashion, the Secretary may, in consultation with the tenants of that property, contract for project-based
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rental assistance payments with an owner or owners of other existing
housing properties, or provide other rental assistance. The Secretary
shall also take appropriate steps to ensure that project-based contracts remain in effect prior to foreclosure, subject to the exercise
of contractual abatement remedies to assist relocation of tenants for
imminent major threats to health and safety. After disposition of
any multifamily property described under this section, the contract
and allowable rent levels on such properties shall be subject to the
requirements under section 524 of MAHRAA.¿
øSEC. 221. The National Housing Act is amended—
(1) in sections 207(c)(3), 213(b)(2)(B)(i), 221(d)(3)(ii)(II),
221(d)(4)(ii)(II), 231(c)(2)(B), and 234(e)(3)(B) (12 U.S.C. 1713(c)(3),
1715e(b)(2)(B)(i), 1715l(d)(3)(ii)(II), 1715l(d)(4)(ii)(II), 1715v(c)(2)(B),
and 1715y(e)(3)(B))—
(A) by striking ‘‘140 percent’’ each place such term appears
and inserting ‘‘170 percent’’; and
(B) by striking ‘‘170 percent in high cost areas’’ each place
such term appears and inserting ‘‘215 percent in high cost areas’’;
and
(2)
in
section
220(d)(3)(B)(iii)(III)
(12
U.S.C.
1715k(d)(3)(B)(iii)(III)) by striking ‘‘206A’’ and all that follows
through ‘‘project-by-project basis’’ and inserting the following: ‘‘206A
of this Act) by not to exceed 170 percent in any geographical area
where the Secretary finds that cost levels so require and by not
to exceed 170 percent, or 215 percent in high cost areas, where
the Secretary determines it necessary on a project-by-project
basis’’.¿
SEC. ø222¿ 210. During fiscal year ø2008¿ 2009, in the provision
of rental assistance under section 8(o) of the United States Housing
Act of 1937 (42 U.S.C. 1437f(o)) in connection with a program to
demonstrate the economy and effectiveness of providing such assistance for use in assisted living facilities that is carried out in the
counties of the State of Michigan notwithstanding paragraphs (3)
and (18)(B)(iii) of such section 8(o), a family residing in an assisted
living facility in any such county, on behalf of which a public housing
agency provides assistance pursuant to section 8(o)(18) of such Act,
may be required, at the time the family initially receives such assistance, to pay rent in an amount exceeding 40 percent of the monthly
adjusted income of the family by such a percentage or amount as
the Secretary of Housing and Urban Development determines to be
appropriate.
øSEC. 223. Notwithstanding any other provision of law, the recipient of a grant under section 202b of the Housing Act of 1959 (12
U.S.C. 1701q–2) after December 26, 2000, in accordance with the
unnumbered paragraph at the end of section 202(b) of such Act,
may, at its option, establish a single-asset nonprofit entity to own
the project and may lend the grant funds to such entity, which
may be a private nonprofit organization described in section 831
of the American Homeownership and Economic Opportunity Act of
2000.¿
øSEC. 224. Section 24 of the United States Housing Act of 1937
(42 U.S.C. 1437v) is amended—
(1) in subsection (m)(1), by striking ‘‘2003’’ and inserting ‘‘2008’’;
and
(2) in subsection (o), by striking ‘‘September 30, 2007’’ and inserting ‘‘September 30, 2008’’.¿
øSEC. 225. Public housing agencies that own and operate 400 or
fewer public housing units may elect to be exempt from any asset
management requirement imposed by the Secretary of Housing and
Urban Development in connection with the operating fund rule: Provided, That an agency seeking a discontinuance of a reduction of
subsidy under the operating fund formula shall not be exempt from
asset management requirements.¿
øSEC. 226. With respect to the use of amounts provided in this
Act and in future Acts for the operation, capital improvement and
management of public housing as authorized by sections 9(d) and
9(e) of the United States Housing Act of 1937 (42 U.S.C. 1437g(d)
and (e)), the Secretary shall not impose any requirement or guideline
relating to asset management that restricts or limits in any way
the use of capital funds for central office costs pursuant to section
9(g)(1) or 9(g)(2) of the United States Housing Act of 1937 (42 U.S.C.
1437g(g)(1), (2)): Provided, however, that a public housing agency
may not use capital funds authorized under section 9(d) for activities
that are eligible under section 9(e) for assistance with amounts from
the operating fund in excess of the amounts permitted under section
9(g)(1) or 9(g)(2).¿
øSEC. 227. The Secretary of Housing and Urban Development shall
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
tees on Appropriations on the status of all section 8 project-based
housing, including the number of all project-based units by region
as well as an analysis of all federally subsidized housing being refinanced under the Mark-to-Market program. The Secretary shall in
the report identify all existing units maintained by region as section
8 project-based units and all project-based units that have opted
out of section 8 or have otherwise been eliminated as section 8
project-based units. The Secretary shall identify in detail and by
project all the efforts made by the Department to preserve all section
8 project-based housing units and all the reasons for any units which
opted out or otherwise were lost as section 8 project-based units.
Such analysis shall include a review of the impact of the loss of
any subsidized units in that housing marketplace, such as the impact
of cost and the loss of available subsidized, low-income housing in
areas with scarce housing resources for low-income families.¿
øSEC. 228. The Secretary of Housing and Urban Development shall
report quarterly to the House of Representatives and Senate Committees on Appropriations on HUD’s use of all sole source contracts,
including terms of the contracts, cost, and a substantive rationale
for using a sole source contract.¿
øSEC. 229. Section 9(e)(2)(C) of the United States Housing Act
of 1937 (42 U.S.C. 1437g(e)(2)(C)) is amended by adding at the end
the following:
‘‘(iv) EXISTING CONTRACTS.—The term of a contract described in clause (i) that, as of the date of enactment of
this clause, is in repayment and has a term of not more
than 12 years, may be extended to a term of not more than
20 years to permit additional energy conservation improvements without requiring the reprocurement of energy performance contractors.’’.¿
SEC. ø230¿ 211. The Secretary of Housing and Urban Development
øshall¿ is authorized to increase, pursuant to this section, the number
of Moving-to-Work agencies authorized under section 204, title II,
of the Departments of Veterans Affairs and Housing and Urban Development and Independent Agencies Appropriations Act, 1996 (Public Law 104–134; 110 Stat. 1321–281) øby making individually the
Alaska Housing Finance Corporation and the housing authorities of
the counties of San Bernardino and Santa Clara and the city of
San Jose, California, a Moving-to-Work Agency under such section
204¿. The participation by a public housing agency in the Movingto-Work demonstration under section 204 shall neither diminish nor
increase the amount of assistance that such agency receives under
sections 8 or 9, or pursuant to section 14, of the United States Housing
Act of 1937. In addition to other reporting requirements, all Movingto-Work agencies shall report financial data to the Department of
Housing and Urban Development as specified by the Secretary, so
that the effect of Moving-to-Work policy changes can be measured.
øSEC. 231. Notwithstanding any other provision of law, the Secretary of Housing and Urban Development may not rescind or take
any adverse action with respect to the Moving-to-Work program designation for the Housing Authority of Baltimore City based on any
alleged administrative or procedural errors in making such designation.¿
øSEC. 232. Paragraph (4) of section 102(a) of the Housing and
Community Development Act of 1974 (42 U.S.C. 5302) is amended
by adding at the end the following new sentence: ‘‘Notwithstanding
any other provision of this paragraph, with respect to any fiscal
year beginning after September 30, 2007, the cities of Alton and
Granite City, Illinois, shall be considered metropolitan cities for purposes of this title.’’.¿
SEC. ø233¿ 212.
(a) The amounts provided under the subheading ‘‘Program Account’’
under the heading ‘‘Community Development Loan Guarantees’’ may
be used to guarantee, or make commitments to guarantee, notes,
or other obligations issued by any State on behalf of non-entitlement
communities in the State in accordance with the requirements of
section 108 of the Housing and Community Development Act of 1974:
Provided, That, any State receiving such a guarantee or commitment
shall distribute all funds subject to such guarantee to the units of
general local government in non-entitlement areas that received the
commitment.
ø(b) Not later than 60 days after the date of enactment of this
Act, the Secretary of Housing and Urban Development shall promulgate regulations governing the administration of the funds described
under subsection (a).¿
øSEC. 234. Not later than 30 days after the date of enactment
of this Act, the Secretary of Housing and Urban Development shall
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establish and maintain on the homepage of the Internet website
of the Department of Housing and Urban Development—
(1) a direct link to the Internet website of the Office of Inspector
General of the Department of Housing and Urban Development;
and
(2) a mechanism by which individuals may anonymously report
cases of waste, fraud, or abuse with respect to the Department
of Housing and Urban Development.¿
øSEC. 235. (a) REQUIRED SUBMISSIONS FOR FISCAL YEARS 2007 AND
2008.—
(1) IN GENERAL.—Not later than 60 days after the date of enactment of this Act, the Secretary of Housing and Urban Development
shall submit to the relevant authorizing committees and to the
Committees on Appropriations of the Senate and the House of
Representatives for fiscal years 2007 and 2008—
(A) a complete and accurate accounting of the actual projectbased renewal costs for project-based assistance under section
8 of the United States Housing Act of 1937 (42 U.S.C. 1437f);
(B) revised estimates of the funding needed to fully fund all
12 months of all project-based contracts under such section 8,
including project-based contracts that expire in fiscal year 2007
and fiscal year 2008; and
(C) all sources of funding that will be used to fully fund all
12 months of the project-based contracts for fiscal years 2007
and 2008.
(2) UPDATED INFORMATION.—At any time after the expiration of
the 60-day period described in paragraph (1), the Secretary may
submit corrections or updates to the information required under
paragraph (1), if upon completion of an audit of the project-based
assistance program under section 8 of the United States Housing
Act of 1937 (42 U.S.C. 1437f), such audit reveals additional information that may provide Congress a more complete understanding
of the Secretary’s implementation of the project-based assistance
program under such section 8.
(b) REQUIRED SUBMISSIONS FOR FISCAL YEAR 2009.—As part of the
Department of Housing and Urban Development’s budget request
for fiscal year 2009, the Secretary of Housing and Urban Development
shall submit to the relevant authorizing committees and to the Committees on Appropriations of the Senate and the House of Representatives complete and detailed information, including a project-by-project
analysis, that verifies that such budget request will fully fund all
project-based contracts under section 8 of the United States Housing
Act of 1937 (42 U.S.C. 1437f) in fiscal year 2009, including expiring
project-based contracts.¿
SEC. ø236¿ 213. No official or employee of the Department of Housing and Urban Development shall be designated as an allotment
holder unless the Office of the Chief Financial Officer has determined
that such allotment holder has implemented an adequate system
of funds control and has received training in funds control procedures
and directives. The Chief Financial Officer shall ensure thatø, not
later than 90 days after the date of enactment of this Act,¿there
is a trained allotment holder øshall be designated¿ for each HUD
sub-account under the øheadings ‘‘Executive Direction’’ and¿ heading
‘‘Administration, Operations, and Management’’ as well as each account receiving appropriations for ‘‘personnel compensation and benefits’’ within the Department of Housing and Urban Development.
øSEC. 237. Payment of attorney fees in program-related litigation
must be paid from individual program office personnel benefits and
compensation funding. The annual budget submission for program
office personnel benefit and compensation funding must include program-related litigation costs for attorney fees as a separate line item
request.¿
øSEC. 238. Of the unobligated balances remaining from funds appropriated to the Department of Housing and Urban Development
under the heading ‘‘Tenant-Based Rental Assistance’’ under section
21033 of Public Law 110–5, $723,257,000 are rescinded from the
$4,193,000,000 which became available pursuant to such section on
October 1, 2007.¿
SEC. 214. Section 683(2) of the Housing and Community Development Act of 1992 (42 U.S.C. 13641(2)) is amended:
(a) in subparagraph (F), by striking ‘‘and’’,
(b) in subparagraph (G) by striking the period at the end and
inserting ‘‘; and’’
and
(c) by adding a new subparagraph (H) as follows:
‘‘(H) housing that is assisted under section 811 of the CranstonGonzalez Affording Housing Act (42 U.S.C. 8013).’’
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SEC. 215. The Home Investment Partnerships Act (42. U.S.C. 12721
et seq) is amended—
(1) in section 233(d)(1) by striking ‘‘20’’ and inserting ‘‘40’’;
(2) in section 233(e) by striking ‘‘40’’ and inserting ‘‘25’’;
(3) in section 243(b), in the second sentence, by striking ‘‘20’’
and inserting ‘‘40’’; and
(4) in section 271(i) by striking ‘‘Act after December 31, 2007’’
and inserting ‘‘section after December 31, 2011’’.
SEC. 216. Section 1018(a) of the Housing and Community Development Act of 1992 (42 U.S.C. 4852d) is amended by inserting at the
end the following paragraph
‘‘(6) AUTHORITY OF THE SECRETARY.—’’
(A) INVESTIGATIONS.—The Secretary is authorized to conduct such investigations as may be necessary to administer
and carry out his duties under this section. The Secretary is
authorized to administer oaths and require by subpoena the
production of documents, and the attendence and testimony of
witnesses as the Secretary deems advisable. Nothing contained

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in this subparaparagraph shall prevent the Administrator of
the Environmental Protection Agency from exercising authority
under the Toxic Substances Control Act.
‘‘(B) ENFORCEMENT.—Any district court of the United States
within the jurisdiction of which an inquiry is carried, on application of the Attorney General, may, in the case of contumacy
or refusal to permit entry under this section or to obey a subpoena of the Secretary issued under this section, issue an order
requiring such entry or such compliance therewith; and any
failure to obey such order of the court may be punished by
such court as a contempt thereof.’’.
SEC. 217. Section 1 of the National Housing Act (12 U.S.C. 1702)
is amended in the fifth sentence by striking ‘‘Except with respect to
title III’’ and inserting ‘‘Except with respect to the Federal National
Mortgage Association’’. (Department of Housing and Urban Development Appropriations Act, 2008.)

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