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Senate Subcommittee Approves Proposed $32.1 HUD Budget

Thursday, July 25, 2002 - 7:00AM

The Senate Appropriations Subcommittee on Veterans Affairs, the U.S. Department of Housing and Urban Development (HUD) and independent agencies this week approved a proposed $32.1 billion in spending by HUD for the fiscal year starting October 1, including a provision that would create 15,000 Section 8 rental-assistance vouchers - less than half the number requested in President Bush’s proposed budget; the approved amount is more than the $31.5 billion requested, and 8.5 percent more than the $29.4 billion approved for the current fiscal year. The HUD appropriations bill is slated for mark-up by the complete Senate Appropriations Committee today.

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