Early '07 budget reactions
- Reuters summarizes the proposed damage to community development funding.
[MORE: As we predicted last week, the White House has explicitly tied its 2007 funding recommendations to the PART ratings OMB has assigned to programs. (A large number of programs are rated, but not all.) For HUD-watchers, the key place to look is Page 14 of this PDF document.]
[YET MORE: CDFI Fund grant programs would be eliminated from the Treasury budget -- CDFI Coalition predictably not amused... NLIHC says HUD cuts would add up to $600 million less, including $300 million out of the public housing capital fund... Proposed cuts are in the mainstay housing subsidy programs, while the budget proposal would actually increase funding for homeownership and homelessness programs.]


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