We have just learned that Transportation and HUD Subcommittee staff are recommending no funding for HUD Housing Counseling in the FY 2012 Budget. This means that HUD Housing Counseling will be zeroed out for a second year in a row. We all know this will mean tens of thousands of people not served, housing counselor layoffs, and agency closings. You need to act now. Next week will be too late.
In the midst of the nation's worst housing crisis, Congress and the administration have decided to eliminate all funding for the U.S. Department of Housing and Urban Development's (HUD) Housing Counseling Assistance Program. NCLR, along with the NAACP, National CAPACD, and the National Urban League, will hold a telephonic press conference this coming Monday, April 18, to discuss the impact that eliminating these funds will have on all families, particularly communities of color.
The 2011 budget, which Congress is voting on this week, has no funding for HUD housing counseling. This means that, in the middle of the housing crisis, the funding which goes to local HUD approved housing counseling agencies, intermediaries, and state housing finance agencies for prepurchase, rental, reverse mortgage, and foreclosure counseling will not be available
On Thursday, the newly-seated House Budget Committee Chairman Paul Ryan announced deep proposed cuts to the current FY2011 federal budget, reducing domestic spending to 9% below FY2010 levels (leaving the military budget untouched). The new House Appropriations Committee Chair Harold Rogers in turn allocated cuts by spending category, with the deepest cuts to Transportation and Housing agencies.