In positive news for the public housing realm, the U.S. Department of Housing and Urban Development has received $49.3 billion in gross discretionary funding. It’s a $4 billion increase over FY 2014. The resources will be allocated to rental assistance vouchers, assistance for homeless and at-risk families, community improvement, and additional training for the Public Housing Authority staff. A notable portion of the funds will be used to compensate for 67,000 Housing Choice Vouchers lost during the sequestration in 2013 and a $25.6 billion deficit between FY 2014 and FY 2015. There are few new initiatives. $35 million will be divided between new affordable housing for seniors and 700 new households with supportive services for persons with disabilities. The bulk of funding is focused on the continuation and enhancement of existing programs for vulnerable populations. $332 million will support the Housing Opportunities for Persons with AIDS program. First nation tribes will receive $748 million towards housing and community development. $2.5 billion will be channeled to the Homeless Assistance Grants, which reduce homelessness among families and veterans. Additional housing assistance comes in the form of adjustments for FHA mortgage insurance premiums. The new parameters will permit access to credit for 250,000 new homebuyers. $4.7 million low-income families will receive rental housing assistance. A grant of $50 million will transform 25,000 public housing units into project-based rental assistance contracts that can further spark capital investment. Communities will receive an additional boost of community improvement through Choice Neighborhoods. The organization receives $250 million to reconstruct impoverished neighborhoods as mixed-income communities with employment and enrichment opportunities for residents. Overall, the budget is a $4 billion increase over the budget for last year, but is it enough? HUD Secretary Julián Castro believes that it is a great start. “By...