Several cities and states still lack approval from their legislative bodies. Cities and states have been slow to spend the rescue money, deferring to lengthy public input processes and waiting for the Treasury Department to finalize guidelines. And they're looking for execution, not just plans. Yet housing advocates want more lasting federal funding than one-time money. More: Homelessness is biggest problem facing Los Angeles, residents say, and it's projected to get worse More: As national housing crisis spirals, cities criminalize homeless people, ban tents, close parks Charlie Baker has proposed $1 billion to assist first-time homebuyers, housing for veterans and seniors and other housing initiatives. Los Angeles County is devoting $400 million to house the homeless.Īt the state-level, Colorado is pumping $550 million of its COVID-19 recovery money into an affordable housing fund. Milwaukee will spend $30 million on housing initiatives including gap-financing to support 326 mixed-income affordable housing units. San Diego County signed off on $85 million for homeless services and $15 million more for other housing priorities. Seattle plans to spend $49 million in COVID-19 rescue funds on homelessness and affordable housing that includes the addition of 400 new affordably priced units. But when it comes to new investments, no area has seemingly gotten more attention than affordable housing and programs for the homeless. cities to the Treasury Department found replacing lost revenue to avoid budget cuts is the most common use of COVID-19 rescue funds.
Plans include building affordable housing for low-income residents, bolstering housing trust funds to provide gap-financing to developers, expanding rental vouchers and – like Austin – securing housing for those who lack a permanent home.Ī USA TODAY review of plans submitted by U.S. More: Goals out of Austin's homelessness 'summit' include 3,000 housing units, millions in spendingįrom Austin to Indianapolis, Minneapolis to Seattle and San Diego, mayors are steering substantial portions of their rescue funds to one of their most elusive challenges: housing. "We've never had even the dream of having the resources to actually set up the system that we need until (the American Rescue Plan)," Adler said.
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