Community Development Block Grants: Funding Issues in the 112th Congress and Recent Funding History

Boyd, Eugene

Library of Congress. Congressional Research Service.

关键词: Fund raising;    Public debt;    Federal budgets;    Deficit reduction;   

RP-ID  :  R41754
RP-ID  :  R41754_2011Apr06

美国|英语

来源: UNT Digital Library

【 摘 要 】

This report discusses funding issues in the 112th Congress and recent funding history. The Administration's FY2012 budget proposes to: (1) increase funding for CDBG formula grants by 10.5% from $3.303 billion appropriated in FY2010 to $3.691 billion; (2) eliminate funding for the Neighborhood Initiative and Economic Development Initiative programs; (3) eliminate funding for Section 107 activities; (4) transfer its Sustainable Communities Initiative to a new stand alone account; and (5) convert Section 108 loan guarantees to a fee-based program.