Budget and Appropriations Archive
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Sequestration Could Deny Rental Assistance to 140,000 Low-Income Families
April 2, 2013
The budget cuts known as “sequestration,” initiated on March 1, will likely force state and local housing agencies to cut the number of low-income families using Housing Choice Vouchers to afford housing by roughly 140,000 by early 2014.[1] This represents a sharp break from Congress’ bipartisan commitment — … -
Deficit Reduction Should Not Increase Poverty and Hardship
March 11, 2013
Executive Summary With President Obama and lawmakers of both parties vowing to achieve further deficit reduction, the stakes are high for low- and moderate-income Americans. If policymakers heavily target programs that serve vulnerable Americans, they will run the risk of increasing poverty and hardship and reducing opportunity for … -
Estimated Cuts in Federal Housing Assistance and Community Development Programs Due to Sequestration, 2013
Updated March 5, 2013
Automatic, across-the-board funding cuts in most federal programs (or “sequestration”) had been scheduled to begin on January 2, but the “fiscal cliff” budget deal enacted by President Obama and Congress delayed these cuts until March 1, 2013. The budget deal also reduced the amount to be sequestered in fiscal …
