FY 2013 CDBG & HOME Budget Allocations
The U.S. Department of Housing and Urban Development (HUD) announced that the Community Development Block Grant Program (CDBG) experienced a net increase of 4.4% in funding from Fiscal Year (FY) 2012 to FY 2013, while the FY 2013 HOME appropriation of $1 billion was reduced by 5.1% due to sequestration and then by another 0.2% as a result of an across the board rescission.
The FY 2012 CDBG allocation was affected by the HUD appropriations law, which directed that $300 million of the CDBG funding appropriation be allocated for disaster recovery. That set-aside for disaster recovery grants did not carry over to the FY 2013 Continuing Resolution, which provided $3.07 billion for CDBG formula funding. However, due to Census Bureau American Community Survey (ACS) data, some CDBG grantees will see increases of more than 4.4% in their FY 2013 funding, while others will see a smaller increase or even a decrease. The FY 2012 allocations were computed using 2005-2009 ACS data, while FY 2013 allocations are computed using 2006-2010 data.
The reduction in HOME formula allocations resulted in a formula amount of $947 million; however, nearly $17 million was added back into the formula from funds recaptured from participating jurisdictions (PJs) that failed to meet HOME deadline requirements or that requested voluntary grant reductions in lieu of repayment for ineligible activities. Therefore, the HOME formula was run at $964 million. For FY 2013, there are 641 HOME PJs comprised of 52 states, 4 Insular Areas, and 585 local PJs including 142 consortia.
View the News Release
View HUD's interactive map tool that illustrates FY 2013 CDBG allocations