,Congress Should Increase HUD’s Budget to Prevent Families from Losing Assistance and Address Growing Needs

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Congress Should Increase HUD’s Budget to Prevent Families from Losing Assistance and Address Growing Needs

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Publication Date: May 2007

Publisher: Center on Budget and Policy Priorities (Washington, D.C.)

Author(s): Douglas Rice; Barbara Sard

Research Area: Banking and finance; Social conditions

Keywords: Economic projections; Federal budget; Housing preservation; Low-income housing

Type: Report

Abstract:

As this analysis shows, Congress must provide an estimated $2.8 billion more than the President’s budget requested for the three largest HUD programs in 2008 (Section 8 vouchers, Section 8 project-based rental assistance, and public housing) just to prevent families from losing housing assistance and to avert the further deterioration of public housing.  This report briefly outlines the major funding issues for each of those three programs for the coming year.