Tag: budget

Trump Budget Proposes $6 Billion Cut to HUD

Filed in Capitol Hill by on March 16, 2017 15 Comments
Trump Budget Proposes $6 Billion Cut to HUD

President Trump unveiled his fiscal 2018 budget plan today that proposes sharp increases to defense spending along with corresponding cuts to scores of non-defense discretionary programs. Notably, the administration puts HUD’s funding at $40.7 billion, down $6.2 billion or 13.2% from the $46.9 billion in 2017.

Continue Reading »

Penalties for OSHA Fines Will Increase Aug. 1

Penalties for OSHA Fines Will Increase Aug. 1

On Aug. 1, monetary penalties issued by the Occupational Safety and Health Administration (OSHA) for regulation infractions are slated to rise by up to 150% depending on the type of violation.

Continue Reading »

Obama’s $4.1 Trillion Budget Proposal is DOA on Capitol Hill

Filed in Capitol Hill, Multifamily by on February 11, 2016 0 Comments
Obama’s $4.1 Trillion Budget Proposal is DOA on Capitol Hill

President Obama on Feb. 9 unveiled a $4.1 trillion fiscal year 2017 budget proposal to Congress that is up 5% from the current year. While the blueprint is unlikely to move through Congress, it will serve as a marker regarding funding for important housing programs.

Continue Reading »

Senate Panel Approves Drastic Cuts to HOME Program

Filed in Capitol Hill, Homeownership, Multifamily by on June 29, 2015 1 Comment

Drastic cuts to the Home Investment Partnerships (HOME) Program, which would essentially eliminate the program, were approved June 25 during a Senate Appropriations Committee markup of the Transportation, Housing and Urban Development, and Related Agencies’ spending bill for fiscal 2016.

Continue Reading »

House Approves T-HUD Funding Bill

Filed in Capitol Hill, Homeownership, Multifamily by on June 10, 2015 1 Comment
House Approves T-HUD Funding Bill

The House last night approved $55.3 billion in discretionary spending for the Departments of Transportation, Housing and Urban Development, and related agencies (T-HUD) for the fiscal year ending Sept. 30, 2016.

Continue Reading »

How Obama’s Budget Would Affect Housing

Filed in Capitol Hill by on February 10, 2015 0 Comments
How Obama’s Budget Would Affect Housing

President Obama on Feb. 2 unveiled a nearly $4 trillion fiscal 2016 budget proposal. Below are bullet points on how the proposed budget relates to matters of concern to the residential construction industry.

Continue Reading »

Advertisement