House Passes Rescission Package that Includes Cuts to Affordable Housing Programs

The House approved, by a vote of 210-206, a rescission package on June 7. “The Spending Cuts to Expired and Unnecessary Programs Act” (HR 3), based on an earlier proposal by the White House, includes nearly $15 billion in cuts to previously approved funding. The bill cuts almost $40 million from HUD’s Public Housing Capital Fund, $40 million from the U.S. Department of Agriculture’s Section 521 Rental Assistance program, and $141 million from the Department of the Treasury’s Capital Magnet Fund. The NLIHC-led Campaign for Housing and Community Development Funding (CHCDF) sent a letter to Congress opposing the rescissions. The bill now heads to the Senate, where senators from both parties have voiced opposition to cutting previously appropriated funding.

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