FY15 THUD Subcommittee Markup Bill Summary

Press Release

The bill provides a total of $54.4 billion in discretionary budget authority for fiscal year 2015, above the President's budget request of $51 billion and the enacted level for fiscal year 2014, which was $50.8 billion. The bill includes funding for the Department of Transportation, the Department of Housing and Urban Development, and related agencies. These agencies power some of the most important programs in the country and helps bring new investments that strengthen our communities.

For the Department of Transportation (DOT), the bill provides federal highway and transit grants that help commuters get to work, students get to school, businesses sell and distribute their products, and families to connect with one another across the country. At the Department of Housing and Urban Development (HUD), the bill funds rental housing assistance programs and the Community Development Block Grant (CDBG) Program, which gives local governments resources to invest in communities, support businesses, create jobs, and ensure the availability of decent, affordable housing for all.

U.S. Senator Parry Murray (D-WA), Chairman of the Transportation, Housing and Urban Development, and Related Agencies Subcommittee, said:

"This bipartisan bill was written with input from Senators on both sides of the aisle, and I'm proud we came together on a responsible approach that makes critical investments in our communities during a time of budget constraints. This bill continues our investments in roads and bridges, railroads, public transit systems, and airports, and makes critical investments to protect the safety of crude oil shipments. This bill also makes crucial investments in community development and affordable housing programs and preserves an essential part of the country's safety net by protecting housing assistance for low-income families and veterans."

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