Publication Date: March 2008
Publisher: Center on Budget and Policy Priorities (Washington, D.C.)
Author(s): Barbara Sard; Douglas Rice; Will Fischer
Research Area: Government; Social conditions
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.