Saturday, October 22, 2011

CBPP Says HUD Appropriations Bills Will Result in Loss of Subsidized Housing at Time of Increasing Need.

Report is HERE

Report says 
  • House bill would result in loss of 40,000 vouchers, and Senate bill would result in loss of 25,000 vouchers.
  • House bill would reduce admin fees to housing authorities to operate the voucher program by $350 million compared to FY 2011 levels and Senate bill would reduce those fees by $50 million.
  • House bill would cut public housing funding by $1.4 billion compared to FY 2011 level and the Senate bill would cut public housing by $800 million.
Originally created and posted on the Oregon Housing Blog.

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