House Grants 2025. President joe biden and hud secretary marcia fudge released on march 11 their full fiscal year (fy) 2025 budget request. On july 11, 2024, the senate appropriations committee approved a fiscal year 2025 funding bill that would keep many of usda’s rural housing programs at their current funding levels.
The house bill proposes to cut the home program’s funding from $1.25 billion in fy24 to $500 million and to eliminate funding entirely for the choice neighborhoods initiative,. President joe biden and hud secretary marcia fudge released on march 11 their full fiscal year (fy) 2025 budget request.