Bill would cut all funding to HUD

HUD’s Policy and Research Development funding is cut by 4% below FY11 funding levels and 19% below the President’s request. The bill also newly requires a minimum 50% match for any cooperative agreements for policy and research activities funded with non-HUD funds.

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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.

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 · The bill would cut overall HUD funding by $487 million compared to fiscal year 2017. The bill would provide less than is necessary to renew all section 8 project-based rental Assistance contracts, which undergird about 1.4 million homes, including about two-thirds of Section 202 homes.

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 0 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.

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.

In a budget addendum crafted after the. for HUD. But even that addition would leave HUD’s funding well below current spending levels. The Trump administration’s document calls for a 14.2 percent.

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.

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Funding to maintain existing levels of Housing Choice Vouchers would effectively be cut by $1.284 billion and cause an estimated 140,000 households to lose their assistance. Based on 2018 HUD Public Use Microdata Sample, 53.25% of all households participating in the Housing Choice Voucher program have a head of household or spouse that is elderly or disabled.

Trump's budget: Where are the spending cuts? 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.

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