Bill would cut all funding to HUD

Bill would cut all funding to HUD

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The bill provides $2.4 billion less than the Senate Appropriations Committee-reported FY 2015 T-HUD bill, with approximately $1 billion less for HUD programs. The bill would provide $700 million for the HOME program, a $300 million, or 30 percent, cut from the FY 2014 funding level of $1 billion and $250 million less than the Senate bill and.

A new bill in Congress, however, would cut all funding for the Partnership’s flagship programs and end the initiative’s work. Yesterday, a House Appropriations Subcommittee voted to eliminate all funding for key programs at the Department of Transportation (DOT) and the Department of Housing and Urban Development (HUD), both part of the.

Housing Choice Voucher (HCV) Program: HUD’s Housing Choice Vouchers would be funded at 6 percent less than the President’s re- quest for this assistance to the Nation’s most vulnerable families and individuals. In total, compared to the President’s Budget, the GOP budget would provide roughly 100,000 fewer vouchers.

The proposed funding for HUD in fiscal 2009 is $1.07 billion more than the amount the administration proposed for fiscal 2008, according to budget documents the administration released yesterday.

Trump's Budget Plan Would Cut Chesapeake Bay Funding By 90% The Senate bill has sufficient funding to renew all Housing Choice Vouchers and other HUD-administered rental assistance now helping seniors, families with children, and others to pay the rent and make ends meet. In contrast, the House bill would fail to renew nearly 50,000 vouchers currently in use.

Sen. Warren is right: Blacks and Hispanics were targeted by subprime policy Although the rise in subprime lending and the ensuing wave of foreclosures was partly a result of market forces that have been well-identified in the literature, in the United States it was also a highly racialized process.

The bill would level fund HUD Housing Counseling funding at $45 million and cut funding for the national foreclosure mitigation Counseling (NFMC) program to $50 million. The bill would provide $4.4 billion for the Public Housing Operating Fund and would cut the Public Housing Capital Fund to $1.8 billion.

CUOMO CALLS ON SENATE TO RESTORE HUD BUDGET CUTS AND FULLY FUND PRESIDENT CLINTON’S REQUEST FOR DEPARTMENT. WASHINGTON – Housing and Urban development secretary andrew cuomo today called on the Senate to restore $1.6 billion in program cuts to the HUD budget that were made Thursday by the House, and thanked House members who cast enough votes against the bill.

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Next Steps. According the FY 2018 budget blueprint, the administration is proposing $40.7 billion in gross appropriations, a $7.4 billion (15.3 percent) cut from the FY 2017 omnibus spending level for HUD, and only $23.5 million for the CDFI Fund, a $224 million (91 percent) cut from the FY 2017 omnibus bill.

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