The Housing Appropriations Committee proposed fiscal 2013 appropriations bill for Transportation, Housing and Urban Development threatens several key programs of the Department of Housing and Urban Development.
The committee’s proposed spending plan allocates less funds than requested by the White House in several key areas, including the public housing capital fund, Choice Neighborhoods Initiative, seniors housing program, Sustainable Communities Initiative, housing counseling assistance and more.
The White House has already said that if passed by the full House and presented to President Obama, his advisers would recommend he veto the bill.
Read the full article on the Housing Finance magazine blog: HUD Fiscal 2013 Budget Battle on the Horizon – Affordable Housing Finance – News.
Take action by asking your Representative to support amendments to the bill that would increase HUD funding. More information here.