Fannie Mae-No Politics (FNMA)

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House Republicans Push Lower Funding Levels for HUD

Tuesday July 18, 2023 - [e-mail]

A subcommittee of the House Appropriations Committee introduced a fiscal year 2024 bill last week that would fund Department of Housing and Urban Development programs at much lower levels than those called for in the budget proposal President Biden put forth earlier this year.

The discretionary total of $90.243 billion in the Transportation, Housing and Urban Development, and Related Agencies bill is 8.7%, or $8.633 billion, below the president’s budget request, the subcommittee said. It eliminates several programs and makes deep cuts to others, “especially those that received large amounts in the Infrastructure Investment and Jobs Act,” it said.

At a markup last week, T-HUD Subcommittee Chair Tom Cole, R-OK, said he looks at the appropriations legislation as an ongoing process. “I see this as a foundational document, a place to start, not a place to finish.” He said he’d like to see Congress avoid a continuing resolution, which would lock funding at the current-year level.

Rep. Rosa DeLauro, D-CT, said the bill “fails to meet the needs of an aging and growing population.” She called the cuts in the bill “unthinkable,” and warned Congress was on a trajectory for a continuing resolution at best “and at worst a government shutdown.”