HUD: Not a cut but a shift?
Regarding yesterday’s post on HUD cuts, today’s Washington Post (click on HUD) adds an important clarifying detail:
The Department of Housing and Urban Development’s budget would shrink by about $3.7 billion, or 11.5 percent, for a total of $28.5 billion. Much of those cuts would come from a reorganization plan that would send the agency’s multibillion-dollar community development programs to the Commerce Department.
Some HUD programs would be expanded. The budget would increase some forms of rental assistance, set aside an additional $200 million for anti-homelessness programs and quadruple funding for programs that help cover down payments for some homebuyers.
