On May 4, the Senate Finance Committee held a hearing on budget
enforcement mechanisms. Panelists debated the use of budget triggers
that would require spending cuts if budget targets were not met…
An analysis of H.R.1 by the Technical Assistance Collaborative (TAC)
shows that cuts in the bill would cause 10,000 households who are now
stably housed through the Section 811-funded Mainstream…
As part of its FY12 budget request, HUD is seeking $200 million for
what department officials are now calling a “rental assistance
demonstration.” HUD rolled out a $350 million Transforming Rental…
As part of its FY12 budget request, HUD is seeking $200 million for
what department officials are now calling a “rental assistance
demonstration.” HUD rolled out a $350 million Transforming Rental…
Changes proposed at the end of HUD’s FY12 budget request would
provide the HUD Secretary greater flexibility in publishing and
providing for public review of Fair Market Rents (FMRs). …
The President’s FY12 budget request includes several provisions from
the Section Eight Voucher Reform Act (SEVRA), legislation which Congress
has considered for several years but has not yet…
As part of its FY12 budget request, the Department of the Treasury
seeks two changes to the low income housing tax credit (LIHTC) program.
One would allow “income averaging” so properties could…
Both the House and Senate held hearings on the President’s FY12
budget proposal during the week of February 14 with a similar level of
criticism expressed by members in both chambers.
At the House…
The House of Representatives spent four days during the week of
February 14 considering H.R. 1, the Full Year Continuing Appropriations
Act for FY11. The resolution proposed deep cuts to many HUD…
House Financial Services Subcommittee on Insurance, Housing and
Community Opportunity Chair Judy Biggert (R-IL) held her first hearing
as Chair of the committee on February 16. The hearing was…
Representative Maxine Waters (D-CA) reintroduced a broad public
housing preservation and resident protection bill on February 17 (see Memo, 7/23/10).
The bill, H.R. 672, is cosponsored by House…
Reflecting the political clamor for spending cuts, President Obama’s
proposed budget for HUD for the fiscal year to begin October 1, 2011 is
less than what he requested for FY11 and for several HUD…
