The U.S. Department of Housing and Urban Development plans to release fiscal year 2018 income limits March 30. HUD sets an annual target date of April 1 for the release of the limits that determine eligibility for assisted housing programs, but with April 1 falling on a Sunday this year, the plan is to release the income limits two days earlier.
The U.S. Department of Housing and Urban Development (HUD) today awarded nearly $5 million to six communities to redevelop severely distressed HUD-assisted housing and revitalize neighborhoods through the Choice Neighborhoods Initiative. The communities include Los Angeles; Cleveland; Philadelphia; Chicago Heights, Ill., Lewiston, Maine; and Huntington, W.Va.
The U.S. Department of Housing and Urban Development (HUD) will publish in Tuesday’s Federal Register a notice revising fiscal year (FY) 2018 fair market rents for eight areas based on new survey data. The areas affected are urban Honolulu and Hawaii County, Hawaii; Hood River County and Wasco County, Ore.; Santa Cruz-Watsonville and Santa Maria-Santa Barbara, Calif.; Jonesboro, Ark.; and Seattle-Bellevue, Wash.
President Donald Trump’s proposed $4.4 trillion fiscal year 2019 (FY 2019) budget would cut by 18 percent U.S. Department of Housing and Urban Development (HUD) programs and would eliminate the HOME Investment Partnerships program, Community Development Block Grant program and Public Housing Capital Fund. Funding for HUD would be $6.8 billion less than annualized funding levels as per the continuing resolution for FY 2018 under the proposed FY 2019 budget.
President Trump today ended a brief government shutdown by signing the Bipartisan Budget Act of 2018, a two-year, $300 billion increase to the defense and nondefense spending caps for fiscal years 2018 and 2019.
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