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Montgomery County committees approve HIF rental assistance plan, keep contingency to shield against HUD funding cuts
Summary
The joint Health & Human Services and Planning, Housing & Parks committees approved the executive'recommended FY27 Housing Initiative Fund rental assistance package and kept a 15% contingency to prepare for possible federal HUD funding reductions that could affect hundreds of residents.
The joint convening of Montgomery County Council committees on the Housing Initiative Fund (HIF) approved the executive'recommended FY27 rental assistance package and retained a 15% contingency to help the county respond to potential cuts in federal housing funding.
Scott Bruton, director of the Department of Housing and Community Affairs, told the committees the HIF budget for rental assistance totals about $28.3 million of the HIF's $52.3 million operating budget and recommended leaving the contingency in place rather than preallocating those funds. "We recommend that the contingency be left as is," Bruton said, arguing the funds can support rental assistance contracts, extend MPDU agreements and finance…
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