Thursday, July 19, 2007

Perspective: $288 Million in Senate HUD Earmark Spending as High As 29 Times Spending Slated for Other Important HUD Programs.

HUD earmarks in FY 2007 appropriations were ZERO. The FY 2008 Senate HUD /Transportation Committee approved appropriations bill includes $240 Million in earmarks for Economic Development Initiatives and another $48 Million in Neighborhood Initiatives, a total of $288 Million in HUD earmarks.

The Senate Appropriations Committee bill would see HUD spending more on earmarks than it does for AID’s housing, for disabled housing, for public housing redevelopment, fair housing enforcement, etc.

Click here to see a PDF table with a comparison of earmark funding to funding for some other HUD programs –the ratio of earmark spending vs. those programs is as high as 29 to 1.

(Keep up to date on Oregon earmarks by subscribing to the Oregon Earmarks blog here.

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