Now that the Congressional Budget Office (CBO) has scored the President’s FY15 budget request to Congress, the House and Senate are eager to move forward with the regular appropriations process and attempt to pass all of their spending bills before the August recess. The House has already started its appropriations process, marking up several bills in committee, even before establishing its 302(b) subcommittee allocations (see Memo, 4/11).
The House Appropriations Transportation, Housing and Urban Development, and Related Agencies (THUD) Subcommittee is expected to mark up its FY15 spending bill on May 7.The House is also expected to mark up its 302(b) subcommittee allocations during the week of May 5. Thus far, the House has marked up bills with “interim” subcommittee allocations only. The Senate is now expected to mark up its 302(b) subcommittee allocations during the week of May 19, but the Senate THUD Subcommittee will likely wait until after the Memorial Day recess to mark up its bill.
The Campaign for Housing and Community Development Funding (CHCDF) sent a letter to House and Senate appropriations Chairs and Ranking Members urging appropriators to protect HUD funded programs by addressing the discrepancy between the Office of Management and Budget’s (OMB) and CBO’s estimates of Federal Housing Administration (FHA) receipts for FY15.
“CHCDF members urge you to fully address the need for HUD funding by distributing the impact of this anticipated difference throughout the appropriations subcommittees rather than place the burden of this difference on the THUD Subcommittee alone,” wrote the organizations in the May 1 letter. “If the projected difference of nearly 10% of HUD’s FY15 budget was placed on the THUD Subcommittee it would result in a devastating impact on the housing affordability crisis for the lowest income families in America.” CHCDF members reminded appropriators that 3,267 organizations sent a letter in March urging Congress to increase the FY15 THUD subcommittee allocation.
View the letter at: http://bit.ly/StjZbf