The House Appropriations Committee released the FY 2012 Transportation, Housing and Urban Development funding bill, which cuts the Department of Housing and Urban Development (HUD) budget by $3 billion.

The bill proposed the following levels for housing program funds:

• HOME Investment Partnerships Program- 25% reduction;

• Public Housing Capital Fund- 25% reduction;

• Section 202, Housing for the Elderly- 50% increase;

• Section 811, Housing for Persons with Disabilities- 31% increase;

• Community Development Block Grants- level with FY2011 but funds for administrative expenses are capped at 10%;

• McKinney-Vento Homeless Assistance Grants- level with FY2011;

• Public Housing Operation Fund- 16% reduction; and

• HOPE VI and Choice Neighborhoods Initiative: eliminated.

For additional information, click the following:

Press release

Subcommittee draft text of the legislation

Table comparing the draft legislation with the President’s request and the fiscal year 2011 levels