Number: RL32869
Title: The Department of Housing and Urban Development (HUD): FY2006 Budget
Authors: Bruce Foote, and Maggie McCarty, and Libby Perl, Domestic Social Policy Division; and Eugene Boyd, Government and Finance Division 
Abstract: On October 28, 2005, the President submitted to Congress a rescission and reallocation package that would rescind $124 million in HUD funding and transfer $2.2 billion to HUD from FEMA's disaster relief fund. A modified version was attached to the FY2006 Defense Appropriations law (P.L. 109-148), providing $11.9 billion for HUD. That bill also contained a 1% across-the-board rescission that applies to all of HUD's discretionary programs. On November 18, 2005, the House and Senate approved a final version of the FY2006 HUD appropriations bill. It does not adopt the CDBG transfer, and funds most programs between the House- and Senate-approved levels.
Pages: 37
Date: February 28, 2006