Explore Housing Preservation and Development Federal Grants

FPWA analysis of NYC OMB Budget Function Analysis (FY 21 Adopted Budget). See more charts on Tableau and/or download the data

Current Funding

See How Federal Grants Support HPD in FY 2021

Federal Funding: All

HPD’s FY21 Adopted Budget is more than $1 billion[1], of which 68 percent ($715 million) comes from the federal government through eleven individual grants. Of those, just two federal grants account for more than 80 percent of HPD’s federal grants.

[1] According to NY’s Financial Plan federal funds make up 59 percent ($1.9 billion) of NYCHA’s operating budget in addition to the capital budget relying heavily on federal funding. Therefore, there is a huge portion of federal funding that supports housing that is not included in this analysis.

 

FPWA analysis of NYC OMB Budget Function Analysis (FY 21 Adopted Budget). See more charts on Tableau and/or download the data

Federal Funding: By Program Area

HPD’s budget is divided into eleven program areas. Each program area relies on a mix of funding sources and is uniquely vulnerable to budget cuts. For example, Housing Operations – Section 8— which supports agency programs that provide rental subsidies to low-income households— relies on the largest sum of federal grants ($506 million) and relies on the largest share of federal grants (48 percent).

Select a Program Area to Explore Which Federal Grants It Relies Upon

FPWA analysis of NYC OMB Budget Function Analysis (FY 21 Adopted Budget). See more charts on Tableau and/or download the data

FPWA analysis of NYC OMB Budget Function Analysis (FY 21 Adopted Budget). See more charts on Tableau and/or download the data

Featured Work

LIVE COVID-19 UPDATES: FPWA’s fiscal policy team is currently monitoring Congress’s relief response. Be sure to check FPWA’s COVID-19 Resource Page for analysis, calls to action, and more.