HUD Fiscal 2013 Budget Battle on the Horizon

The House Appropriations Committee approved a fiscal 2013 appropriations bill for the Department of Housing and Urban Development, setting up a potential showdown with the White House. The full House could vote on the Transportation, Housing and Urban Development, and Related Agencies (THUD) spending bill as early as this week. The committee’s spending plan would provide less money than President Obama’s request in several key areas, including the public housing capital fund, Choice Neighborhoods Initiative, Sec. 202 seniors housing program, Sustainable Communities Initiative, homeless assistance grants, and housing counseling assistance. The White House has already said that if President Obama were presented with H.R. 5972, his advisers would recommend that he veto the bill.

- Housing Finance

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