Yesterday, congressional leaders released a bipartisan FY18 omnibus funding agreement. In response Smart Growth America President and CEO Geoff Anderson issued the following statement: “This bipartisan appropriations bill reflects a strong federal commitment to rebuilding our country’s neighborhoods and investing in a range of federal programs that will help local leaders and advocates build strong … Continued
Community Development Block Grant
This morning, the House Ways and Means Committee unveiled their draft tax reform proposal. Read LOCUS President Jair Lynch’s official response to this once-in-a-generation proposed tax reform legislation.
Yesterday, the Senate FY15 Transportation, Housing and Urban Development (THUD) appropriations bill passed by the Senate Appropriations Committee by a 29-1 vote. The bill proposes funding levels for the Department of Housing and Urban Development (HUD), the Department of Transportation (DOT) and other related agencies for fiscal year 2015.
This comes on the heels of the House Appropriations Committee passing their version last month. Overall, the Senate bill would provide $54.4 billion in discretionary budget authority for THUD agencies, as opposed to the $52 billion from the House bill. Despite the funding differences between the two bills, the final funding decisions will likely be determined in an omnibus appropriations package later this year.
Yesterday, the House FY 2015 Transportation, Housing and Urban Development (T-HUD) appropriations bill was considered in subcommittee where it was approved by a voice vote. The bill proposes funding levels for the Department of Housing and Urban Development (HUD), the Department of Transportation (DOT) and other related agencies.
Overall, the bill allocates $52 billion in discretionary spending and represents cuts of $1.8 billion from current program funding levels to compensate for lower than expected Federal Housing Administration receipts. The breakdown, by agency, of proposed funding for relevant programs is as follows: