The Spring Street Brief

Episode 35: FY26 HUD Appropriations Bill Signed — $77.3 Billion for Housing


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The FY2026 Transportation, Housing, and Urban Development appropriations bill provides $77.3 billion for HUD programs — a $7.2 billion increase and one of the largest in recent memory.

Key Allocations:

  • Public housing operating funds: $5.02 billion
  • Public housing capital funds: $3.2 billion
  • Continuum of Care (homeless services): $4.01 billion
  • Housing Choice Vouchers: Full renewal funding plus incremental vouchers
  • Project-Based Rental Assistance: Contract renewals and inflation adjustments

Stakeholder Impact:

  • 2.4 million voucher households protected from terminations
  • Housing authorities can plan with funding security
  • Property owners assured continued HAP payments
  • Developers confident in lease-up assistance availability

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The Spring Street BriefBy Spring Street Management Group