HUD Budget Contains Major Funding Shortfalls: Congress Needs to Add $6.5 Billion to Administration’s Request to Avoid Cuts In Assistance for Low-Income Families
Publication Date: March 2008
Special Collection: John D. and Catherine T. MacArthur Foundation
Keywords: Economic projections; Federal budget; Community development; Affordable housing
Last year, Congress rejected deep cuts the Administration proposed in affordable housing and community development programs and funded the Department of Housing and Urban Development at $2.1 billion above the Administration’s budget request for 2008. For 2009, Congress will have to provide a substantially larger increase--totaling $6.5 billion above the Administration’s request--to avoid cuts in core programs that help millions of low-income families secure decent housing at affordable rents.