Chairman Price’s Fiscal Year 2022 Transportation, and Housing and Urban Development Funding Bill Passes Full Committee
WASHINGTON, DC (July 16, 2021) – Today, Congressman David Price (NC-04), Chairman of the Transportation, and Housing and Urban Development, and Related Agencies Appropriations Subcommittee, (T-HUD) announced the full passage of the Fiscal Year 2022 (FY 2022) T-HUD Appropriations Bill by the Appropriations Committee.
“Updating our nation’s aging infrastructure, including our housing stock, is central to our economic recovery from the COVID-19 pandemic,” Chairman David E. Price said. “This year’s Transportation-Housing funding bill represents a renewed commitment to improve safety, upgrade our aging transportation infrastructure, address our nation’s affordable housing and homelessness crises, bolster our resiliency to natural disasters and a changing climate, and remedy inequities and disparities in our housing and transportation systems. This bill is a down payment on our broader goals to build America back better, ensuring no one is left behind.”
For FY 22, the bill provides funding of $84.1 billion, an increase of $8.7 billion – more than 11 percent – above last year’s enacted level. This includes an increase of $6.8 billion for the Department of Housing and Urban Development and an increase of $1.9 billion for the Department of Transportation. In total, the bill provides $162.6 billion in budgetary resources, an increase of $25.9 billion above Fiscal Year 2021. The legislation:
- Creates tens of thousands of good-paying American jobs by rebuilding our crumbling infrastructure with significant investments in airports, highways, transit, passenger rail, and port systems
- Grows opportunity through homeownership and rental assistance, including more than 125,000 new housing vouchers targeted to individuals and families experiencing or at risk of homelessness and over 4,000 new units for seniors and persons with disabilities
- Supports the vulnerable with public housing safety, maintenance and improvement investments, such as the remediation of lead paint and radon and installation of energy and water efficient systems
- Promotes safe transportation and housing with a skilled and growing workforce to conduct inspections, mitigate hazards, and study emerging threats and innovative solutions
- Reduces emissions, increases resiliency, and addresses historical inequities in transportation and housing programs through targeted grants and investments
The text of Fiscal Year 2022 Transportation, and Housing and Urban Development, and Related Agencies bill is here.