As part of its economic and budgetary projections, CBO estimates past and future potential outputâalso called potential gross domestic product (GDP), and defined as the maximum sustainable amount of real (inflation-adjusted) output that the economy can produce.
Transitional Housing. This means that there is a time limit on how long you can stay in the housing or receive the housing assistance. HUD defines transitional housing as stays of up to 24 months (but stays can be shorter). Short-Term or Temporary Housing. This means that the housing situation is intended to be very short-term or temporary (30, 60, or 90 days or less).
While increasing homeownership is a top priority, HUD knows it is not a viable option for everyone. Therefore, providing decent affordable rental housing is a central part of HUDâs mission. HUDâs largest program, the Housing Choice Voucher program, promotes affordable rental housing for families and individuals. The program currently provides rental assistance to more than four million households through public and assisted housing programs. The mission of HUD also includes strengthening communities. The Community Development