Housing Affairs Letter

Budget

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HUD Operations Down Indefinitely

Senate Democrats refused to accept a House compromise over funding wall construction on the U.S.-Mexico border, sending a major part of the federal government, including HUD, into an operational shutdown at midnight Dec. 21.

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Budget Decision Two-Week Reprieve

Action by Congress to delay the prospect of a government shutdown over FY 2019 budget differences means a shutdown of the federal government becomes less likely.

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Federal Government Shutdown Possible

A showdown looms between President Trump and Congress over FY 2019 spending prerogatives and the political chasm between the two makes it increasingly likely for a partial government shutdown approaching the holidays.

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Six Days Left For Budget Consensus

The likelihood of a stopgap spending law is increasing daily following assurances from congressional leaders there will be no government shutdown come Sept. 30, the end of the current federal spending cycle.

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Senate Boosts Housing Subsidies

Senate Majority Leader Mitch McConnell’s (R-KY) decision to keep the Senate in Washington during the traditional August recess gave lawmakers an opportunity to approve the FY 2019 HUD spending proposal.

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Senate, House Headed For Budget Talks

If the Senate HUD FY 2019 appropriations blueprint succeeds on the Senate floor as unanimously approved June 7 by the Appropriations Committee, the difference in numbers will have to be resolved through Senate-House negotiations.

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Budget Request Headed For Showdown

Budget crunchers in the Senate and House are increasingly looking at a budget impasse despite the earlier promises of solidarity. An impasse is now so likely, lawmakers begin to fear a delay in getting the FY 2019 proposal to the president.

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Cuts Target Housing, CD Funding

The rescission request would eliminate $257 million in public housing and community development funding. Office of Management & Budget Director Mick Mulvaney calls it “the largest single ICA rescissions package ever proposed.

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Specifics Of HUD Budget Proposal

HUD would receive $42.7 billion, a $3.9 billion increase from current spending. The proposal includes:

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Budget Can Kicked Down Road -- Again

Regardless of how the government shakes out in the wake of the fourth continuing resolution, two things become certainties: a fifth stopgap spending law keeping government open until March 23 and the prospect of a patchwork spending blueprint for the remainder of FY 2018.

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