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.
House Passes Rescission Package that Includes Cuts to Affordable Housing Programs
Oklahoma Coalition for Affordable Housing 