Some good news in Obama's budget,
and some bad
More than $2 billion for HUD grants to combat nationwide homelessness sounds good.But President Obama's budget also includes steep cuts to housing programs for the elderly and persons with disabilities.
Funding for tenant-based and project-based rental assistance programs was increased by $2.1 billion compared with 2010.
Targeted cuts in the proposed budget include housing assistance for people with disabilities (Shelter + Care, I guess), which would be $90 million, compared with $300 million that's estimated for 2010. Housing aid for the elderly could also be drawn down to $274 million, from an estimated $825 million for 2010.
Read The Wall Street Journal report here.
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