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.
In addition to the cuts to the Section 202 account, the request would eliminate funding for the Public Housing Capital Fund and cut funding for the Public Housing Capital Fund by 38%. These are the only two funding sources for the nation’s public housing. According to HUD, 33% of public housing apartments are led by older adults.
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The bill cleared the House in a 402-12 vote last week. Earlier this year, the fund announced it was running out of money and.
The House Appropriations Subcommittee that oversees funding levels for affordable housing and community development programs at HUD will vote today on a draft fiscal year (fy) 2018 spending bill that significantly underfunds federal investments that serve low income people and communities.
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· Trump’s HUD budget cuts 42-year-old community assistance program. The cut is part of a $6 billion, or 13 percent, reduction in the fiscal 2018 budget for the Department of Housing and Urban Development. The budget also includes $35 billion for HUD’s rental assistance programs and proposes reforms to that program.
But the shelter is among many that face steep federal funding cuts this year. problem and not all the resources that you would want to have, so we prioritize,” Suchar said. Not all programs lost.
Legislation | March 13, 2019 | by Linda Couch. The request would cut funding for the Section 202 account by $34 million, or 5%, from the. In response to the request to cut the Section 202 account and raise rents for all HUD-assisted.
In doing so, Congress has clearly rejected the calls to drastically cut housing. The bill also provides enough funding to renew all contracts for.
According the FY 2019 budget, the administration is proposing $41.2 billion in gross appropriations, an $11.5 billion (21.8 percent) cut from the FY 2018 omnibus spending level for HUD, and only $14 million for the CDFI Fund, a $236 million (94.4 percent) cut from the FY 2018 omnibus bill.