{"id":280435,"date":"2026-02-06T10:00:32","date_gmt":"2026-02-06T15:00:32","guid":{"rendered":"https:\/\/ncrc.org\/?p=280435"},"modified":"2026-02-05T13:07:51","modified_gmt":"2026-02-05T18:07:51","slug":"fy-2026-budget-deal-final-funding-for-hud-cdfi-sba-and-whats-next-for-dhs","status":"publish","type":"post","link":"https:\/\/ncrc.org\/fy-2026-budget-deal-final-funding-for-hud-cdfi-sba-and-whats-next-for-dhs\/","title":{"rendered":"FY 2026 Budget Deal: Final Funding for HUD, CDFI, SBA \u2013 and What\u2019s Next for DHS"},"content":{"rendered":"

On February 3, President Trump signed\u00a0<\/span>H.R.7148\u00a0Consolidated Appropriations Act of 2026<\/span><\/a>\u00a0into law, which will fund most of the federal government until September 30.\u00a0The\u00a0package\u00a0included\u00a0five of the six remaining appropriations bills\u00a0<\/span>and<\/span>\u00a0corresponding<\/span>\u00a0earmarks<\/span>\u00a0<\/span>that Congress had not yet passed:\u00a0<\/span>\u00a0<\/span><\/p>\n

    \n
  1. Financial Services and General Government<\/span>\u00a0<\/span><\/li>\n
  2. State, Foreign Operations and Related Programs<\/span>\u00a0<\/span><\/li>\n
  3. Defense<\/span>\u00a0<\/span><\/li>\n
  4. Labor, Health, and Human Services, Education and Related Agencies<\/span>\u00a0<\/span><\/li>\n
  5. Transportation, Housing and Urban Development\u00a0and Related Agencies<\/span>\u00a0<\/span><\/li>\n<\/ol>\n

    The sixth appropriations bill\u00a0excluded from\u00a0the\u00a0package\u00a0would have fully\u00a0funded\u00a0the Department of Homeland Security\u00a0(DHS). Instead, Congress\u00a0passed a Continuing Resolution (CR) to fund\u00a0the DHS for\u00a010 days\u00a0until\u00a0possible\u00a0negotiations\u00a0between Democrats and Republicans are made.\u00a0<\/span>\u00a0<\/span><\/p>\n

    Congress previously passed six\u00a0appropriations\u00a0bills, which were signed into law:\u00a0Agriculture,\u00a0Military Construction-VA,\u00a0Legislative Branch, Commerce, Justice and Science,\u00a0Energy and Water Development and\u00a0the\u00a0Interior and Environment.\u00a0These bills will also fund their corresponding agencies until the end of the fiscal year.\u00a0\u00a0\u00a0<\/span>\u00a0<\/span><\/p>\n

    FY 26 Funding for Community Development Programs<\/span><\/b>\u00a0<\/span><\/h3>\n

    NCRC\u00a0has\u00a0created a\u00a0<\/span>FY\u00a02026 Appropriations Chart<\/span><\/a>\u00a0that\u00a0lists\u00a0the\u00a0final funding levels for community development programs\u00a0that\u00a0most impact our\u00a0members\u2019 work.\u00a0Listed below\u00a0are\u00a0highlights\u00a0of the final\u00a0funding\u00a0numbers\u00a0for major agencies and programs:<\/span>\u00a0<\/span><\/p>\n

    The CDFI Fund<\/span><\/b>\u00a0<\/span><\/h3>\n

    The CDFI Fund, an agency within the Treasury Department, will receive\u00a0<\/span>$324 million,<\/span><\/b>\u00a0which is the same amount\u00a0it received\u00a0in FY 2025.\u00a0This will\u00a0provide\u00a0funding for\u00a0CDFI programs\u00a0like\u00a0the\u00a0Technical\/Financial Assistance grants\u00a0program\u00a0(<\/span>$135 million)\u00a0<\/span><\/b>and\u00a0Native CDFI\u00a0initiatives\u00a0(<\/span>$28 million).\u00a0<\/span><\/b>\u00a0<\/span><\/p>\n

    However, the remaining $298 million of the allotted FY 2025 funding\u00a0has yet to\u00a0be\u00a0released\u00a0by the Office of Management and Budget (OMB).\u00a0Without the release of\u00a0those\u00a0funds, the CDFI Fund\u00a0cannot disperse grant awards to CDFIs.\u00a0CDFI Fund appropriations\u00a0occur\u00a0over a two-cycle\u00a0period,\u00a0with\u00a0FY25 funding expiring\u00a0this September,\u00a0and FY26 funding\u00a0expiring September\u00a02027.<\/span>\u00a0<\/span><\/p>\n

    Housing and Urban Development (HUD)<\/span><\/b>\u00a0<\/span><\/h3>\n

    The legislation will fund\u00a0the Housing and Urban Development agency at\u00a0<\/span>$77.3 billion<\/span><\/b>, which is a $7 million increase from FY 2025.\u00a0This includes funding for major programs and grants, such as:<\/span>\u00a0<\/span><\/p>\n