Affordable Housing, Announcements, Federal News

Federal THUD Appropriations Bill Stalled; Continuing Resolution Likely

 

The probability of the U.S. Congress passing a FY15 Transportation-HUD (THUD) appropriations bill -- or any other appropriations bills before the start of the fiscal year on October 1 -- is unlikely.

Congress will, however, probably pass a continuing resolution that provides funding for programs at amounts equal to those of the current fiscal year. Such a resolution should last through the November elections. Passing an FY15 appropriations will be on the agenda to the next lame duck session.

The National Low Income Housing Coalition reports that the funding levels in the FY15 Senate THUD bill are preferable to those passed in FY14. You can view the NLIHC’s budget chart, which compares the funding levels of the FY14 enacted budget to the various FY15 budget proposals, here

 

 
 

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