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.
Published by Oklahoma Coalition for Affordable Housing
The vision of OCAH: That all Oklahomans have the opportunity to live in safe, healthy and affordable homes. Our Mission: To lead the movement to ensure that all residents of the state of Oklahoma flourish in safe, affordable homes and to help communities develop safe and affordable housing options for all of their residents. We reach our mission through advocacy, education and practical training to foster the production and maintenance of affordable housing throughout the state. View all posts by Oklahoma Coalition for Affordable Housing