President Barack Obama did not mention housing in his State of the Union address on January 12, but Office of Management and Budget Director Shaun Donovan later provided a preview of some items that…
The Congressional Budget Office has released a set of infographics on FY15 spending and revenues and revenue and spending trends since FY95. The graphics show breakouts of the $3.7 trillion in…
Both the House and then the Senate are expected to vote on the omnibus spending bill on Friday, December 18. If Congress fails to pass the omnibus spending bill, they will need to pass a long-term…
Congressional leaders released the text of the omnibus spending bill at about 1:30 am on December 16. The omnibus bill funds all 12 appropriations bills, including the Transportation, Housing and…
Bill Contains Severe Cuts to Essential Housing Programs
UPDATE
On June 9, the House of Representatives narrowly passed H.R. 2577, their FY16 appropriations bill for Transportation, Housing and…
On May 5, the Senate voted 51-48 to approve the Concurrent Budget Resolution (S. Con. Res. 11) on the FY16 Budget. The vote was on straight party lines, with no Democrat voting yes. The…
In the eight months since sequestration was implemented, media outlets have reported on how sequestration has effected low income households. NLIHC collected and analyzed 314 articles published…
On November 17, Congress passed H.R. 2112, the minibus appropriations bill that includes three spending bills: Transportation, Housing and Urban Development (T-HUD), S. 1596; Agriculture, Rural…
Deficit negotiations between President Barack Obama, Senate Minority
Leader Mitch McConnell (R-KY) and House Speaker John Boehner (R-OH)
continued through Sunday, July 10. As of July 10, no…
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, 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…