Fact of the Week: Housing Assistance Budget Authority as a Share of GDP Has Declined Precipitously, Spending Relatively Consistent, Since the 1970s

Housing Assistance Discretionary Budget Authority and Outlays as % of GDP

Source: OMB Historical Tables 5.1 (Budget Authority by Function and Subfunction) and 10.1 (Gross Domestic Product and Deflators Used in Historical Tables: 1940-2024).