First Look at HUD FY 2012 Budget Proposal-Modest Cuts?

This is the first of several FY 2012 HUD budget postings.

In a document HERE, the Administration has identified discretionary programs it proposed to terminate or reduce funding for in its FY 2012 budget . For HUD, I count a reduction of $698 million for these terminations/reductions; the graphic includes details and also shows the PDF page number for each of the 7 reductions I have included. 

Click to Enlarge

NOTES

1. For FY 2011, the President's budget had proposed a HIGHER total of $965 million in HUD reductions--nearly $300 million more than what the FY 2012 budget appears to be proposing. 
2. The last enacted HUD budget (for FY 2010) was a substantial increase from prior years; the link HERE is to the NLIHC chart of HUD budgets that includes data on FY 2010, proposed FY 2011 (never enacted), and prior FY HUD appropriations. (I expect a new version of this chart that includes the FY 2012 proposed budget will appear later this week).  
3. As a further point of reference, some Republicans are calling for scaling back of domestic budgets to FY 2008 levels; for HUD that level would be $37.6 billion, according to the NLIHC chart. 

The "Cliffs Notes" version of the HUD FY 2012 Budget from the Administration is HERE, and includes more details on both budget authority and outlays for major HUD programs, including comparisons to prior year amounts.

In future posts as time permits I will provide links to more detailed "WONK" versions of HUD FY 2012 budget documents and analysis from other sources.

Originally created and posted on the Oregon Housing Blog.