A Deep Dive into the Housing Funding in Gov. Evers’ Budget Proposal
In his latest budget proposal, Wisconsin Governor Tony Evers is striving to address numerous housing concerns across the state. His comprehensive approach involves channeling billions of dollars from general-purpose revenue and other sources into numerous housing programs. These initiatives cover a broad spectrum, including those aimed at environmental concerns, home rehabilitation, and workforce housing.
Governor Evers’ budget proposal isn’t merely about finances; it also encompasses a number of strategic policy recommendations. Notably, he’s proposed an amendment to grant municipalities the power to implement their own rental market regulations. This initiative is motivated by a desire to “determine the appropriate balance of rights and protections for landlords and tenants.” This would give local authorities greater flexibility in shaping rental policies to meet the specific needs and challenges of their communities.
The budget summary and executive budget, which provide a more detailed view of Gov. Evers’ fiscal plans, are available for perusal online.
As part of his ambitious agenda, housing-related spending constitutes a significant portion of Gov. Evers’ proposed budget for 2023-2025. Here’s a more in-depth look at some of the key proposals:
- Veteran Programs: The budget proposes the establishment of a yearly-funded veteran rental assistance program, with an annual allocation of $1 million. This initiative underscores the governor’s commitment to supporting those who’ve served the country.
- Homelessness Reduction Programs: These include initiatives aimed at reducing homelessness amongst general and specific populations.
- Bureau of Youth Services: The budget proposes an annual funding increase of $2 million for this bureau. The additional funds would be used to expand runaway services and programs aimed at helping homeless youth, addressing a vulnerable demographic within the state.
- Homeless Prevention Program: Recommendations from the Interagency Council of Homelessness have guided several proposals for this program. Among these are directives to:
- Allocate $1 million toward the Homelessness Prevention Program.
- Establish a $1 million diversion program.
- Provide $1 million for the State Shelter Subsidy Grant.
- Direct $5 million to the Housing Assistance Program.
- Use $500,000 annually from the Temporary Assistance for Needy Families program for the Homeless Case Management Services Grant.
- Create a housing navigation grant with an allocation of $600,000.
This wide-ranging budget proposal and its many initiatives clearly demonstrate Gov. Evers’ commitment to tackling Wisconsin’s housing challenges head-on.