Entries by Leslie Strauss
Relocations and Insurance Cost Increases are Leading to Falling Property Values, Report Says
First Street’s 12th National Risk Assessment: Property Prices in Peril estimates that by 2055, 84 percent of all U.S. census tracts may experience some form of negative property worth impacts […]
Senate Committee Rejects HUD Funding Cuts Proposed by House
The full Senate Appropriations Committee approved its proposed Transportation-HUD spending bill for the 2025 fiscal year on July 25, 2024, rejecting the 60 percent HOME program cut proposed in the […]
Senate Bill Holds Line on Most USDA Housing Programs, But Unable to Restore Cuts to Section 502 and Self-Help
On July 11, 2024, the Senate Appropriations Committee approved a fiscal year 2025 funding bill that would keep many of USDA’s rural housing programs at their current funding levels. Where […]
Updated March 20 – What would a federal government shutdown mean for rural housing?
Updated, March 20, 2024 – Some parts of the government may shut down briefly this weekend while Congress finishes the process of passing a final funding measure, but the HUD […]
USDA Multi-Family Fair Housing Occupancy Report FY 2023
USDA’s annual data for tenants living in Section 515 rental and Section 514 farmworker housing shows that, as of October 2023, the average income for all Section 515 households is […]
Final FY24 Spending Bill Cuts Most Rural Housing Programs
All but three of USDA’s rural housing programs receive funding cuts in the final minibus appropriations bill released by congressional leaders on March 3. The bill is expected to pass […]
Some HUD Programs Cut in Final FY24 Spending Bill, But Vouchers Fully Funded
Some Department of Housing and Urban Development programs will receive increased funding in FY24 under the final minibus appropriations bill released by congressional leaders on March 3. The bill is expected to pass […]
HAC News: February 29, 2024
Vol. 53, No. 5 TOP STORIES Congressional leaders agree on FY24 USDA and HUD funding On February 28, with funding for USDA, HUD, and some other federal agencies scheduled […]
Debt ceiling compromise limits spending, rescinds some HUD and USDA housing funds
The Fiscal Responsibility Act – the recently enacted compromise that suspends the debt ceiling until January 1, 2025 – makes fewer cuts than the Limit, Save, Grow Act passed by […]