FY13 Budget Highlights

Yesterday, the DC Council unanimously approved the second and final reading the Fiscal Year 2013 Budget Support Act. The highlights from the budget include:

$19.8 million restored to the Housing Production Trust Fund
The Council funded the Trust Fund at $19.8 million by redirecting money from the sale of DC-owned property into the fund and by voting for $1.8 million of FY 12 surplus into the program.

Temporary Assistance for Needy Families (TANF) Reform
First, the Council voted to delay the planned benefit reduction for families who have received TANF for more than 60 months, which was scheduled for October 2012. The Council also put into place protections for families facing the greatest hardships.

Our friends at DCFPI have a complete summary of yesterday’s action on TANF available here.