Budget

Budget: Rural Housing
   Farm labor housing would see a boost in funding. The program administered out of the Agriculture Department’s Rural Housing Development section would receive $38 million for Section 514/516 farm labor housing programs -- $24 million and $14 million respectively.
posted 4/11/13 1:40 PM  read complete story

Budget: HOPWA, Disabled, Elderly
   Section 202 Supportive Housing for the Elderly and Section 811 Supportive Housing for Persons with Disabilities programs would receive $526 million, a $14 million drop from the FY 2012 authorization but about level with the now-shelved FY 2013 request.
posted 4/11/13 1:38 PM  read complete story

Budget: Affordable Housing, HOME
   Financing for the National Housing Trust Fund inches forward when the administration decides to put its full political weight behind an effort to infuse the fund with $1 billion. Fund supporters sought congressional approval for a decade before the NHTF it was adopted in 2008 attached to economic stimulus legislation.
posted 4/11/13 1:35 PM  read complete story

Budget: FHA
   With Congress and the housing and home lending industries riding herd on the Federal Housing Administration’s financial plight, HUD officials devise creative accounting to alleviate fear and give the department breathing room to reinforce the FHA Mortgage Insurance Fund.
posted 4/11/13 1:32 PM  read complete story

Budget: Neighborhoods, CDBG
   HUD’s signature effort Choice Neighborhoods Initiative would receive $400 million to revitalize entire blighted urban neighborhoods in 30 settings. HUD officials say nine communities now funded through CHI have leveraged $2 billion in other sources of capital, more than eight times their grant awards.
posted 4/11/13 1:31 PM  read complete story

Budget: Moving to Work
   The public housing Moving-to-Work program would be expanded to include testing for innovative ideas leading to policies supporting tenant self-sufficiency and an overhaul to streamline program delivery and provide tight accounting of what has been accomplished. The proposal
posted 4/11/13 1:29 PM  read complete story

Budget: Public Housing, Homeless
   Under the president’s budget plan, public housing operations and basic maintenance efforts would receive $6.6 billion in FY 2014. While the sum looks substantial on its face, it is misleading. HUD combines the public housing operating and capital funds into one fund to give PHAs spending flexibility.
posted 4/10/13 5:40 PM  read complete story

HUD Resumes Section 184 Home Loan Program
   President Barack Obama on Tuesday (March 26) signed into a law a measure to continue funding the government through Sept. 30. The legislation provides more than $12 million for HUD's Section 184 Indian Home Loan Guarantee Program.
posted 3/27/13 3:46 PM  read complete story

Worst Case Housing Scenario In CR
   Aside from attention to military housing plans, the proposed stopgap law that will govern federal spending through FY 2013 gives short shrift to housing. The proposal in particular would torpedo attempts by Section 8 administrators to boost allocation of administrative fees to adequately issue housing vouchers and monitor their use.
posted 3/5/13 2:43 PM  read complete story

FY2013 Budget Showdown Likely
   While lawmakers gird to wrestle with the nation’s debt ceiling and the March 1 deadline for withholding of nearly 10% of FY 2013 appropriations to help ease the national debt, congressional aides scramble to find cuts in the FY 2013 budget proposal before the current stopgap spending law expires March 27. But sources tell HAL that the expected
posted 1/9/13 4:55 PM  read complete story