President Joe Biden’s fiscal 2024 (FY24) budget request seeks $73.3 billion for the Department of Housing and Urban Development (HUD), a $1.1 billion increase from its fiscal 2023 budget, and calls for a dramatic boost in affordable housing allocations over the next decade.
HUD’s proposed spending plan incorporates annual budget requests from 16 offices within the department, the Federal Housing Administration, and the Government National Mortgage Association.
