[HPN] HUD BUDGET - Clinton proposes $32.1 Billion - $6 Billion more in FY 2001 FWD FY 2001 FWD

Tom Boland wgcp@earthlink.net
Wed, 9 Feb 2000 23:36:02 -0800 (PST)


Do you support increasing the HUD budget
for housing and homelessness programs?
Why or why not?

See below for a related political announcement:

FWD  Associated Press - AP Wire Service - Feb 07, 2000

WASHINGTON:

HOUSING AND URBAN DEVELOPMENT

With an eye toward increasing affordable housing stock, especially for
older people and the homeless, President Clinton proposed increasing the
budget of the Department of Housing and Urban Development by $6 billion in
2001 to $32.1 billion.

Under the proposed budget, 120,000 new incremental housing vouchers would
be financed at a cost of $690 million.

It also proposes a 12 percent increase, up to $50 million, to step up
enforcement of housing anti-discrimination laws.

The budget includes 60,000 new rental assistance vouchers. Last year,
50,000 vouchers were approved after four years without vouchers.

It seeks a third round of empowerment zones, in which 10 new zones would be
designated and in effect through 2009. It includes an estimated $4 billion
over 10 years to extend federal grants and tax breaks to businesses that
invest in poorer regions.

The Economic Development Initiative/Community Empowerment Fund would get a
$76 million boost to $100 million to create jobs and promote economic
development in poor areas.

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