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Community Development Block Grants: Funding Issues in the 112th Congress and Recent Funding History
Community Development Block Grants: Funding Issues in the 112th Congress and Recent Funding History
 
Our Price: $20.00
By Eugene Boyd (au)
Year: 2012
Pages: 37
Binding Paperback
ISBN 978-1-4578-3653-4

Product Code: 145783653X

Description
 
The FY2013 budget debate will take place within the context of growing concerns about the need to address federal budget deficits, the national debt, and a sluggish economic recovery following the longest and deepest recession since the Great Depression. The 112th Congress will continue to consider and debate a number of approaches to spur economic activity and job growth, including federal public works and community and economic development programs. The Admin.äó»s budget proposal includes $3.143 billion for activities funded under the Dept. of Housing and Urban Developmentäó»s (HUDäó»s) Community Development Fund (CDF) account. This includes $2.948 billion for Community Development Block Grant (CDBG) formula grants awarded to states, entitlement communities, and insular areas; and $60 million for Indian tribes. The Admin. is also requesting $100 million for its Sustainable Communities Initiative (SCI), which did not receive an appropriation for FY2012, and $35 million for capacity-building grants awarded to three national intermediaries to provide technical assistance to local community development organizations. The Presidentäó»s budget request included $500 million in CDBG Section 108 loan guarantee authority. Contents of this report: Recent Developments; FY2013 Appropriations; FY2012 Appropriations, P.L. 112-55; FY2011 Appropriations (P.L. 112-10 and H.R. 1); Impact and Implications of Reduced Funding; Impact of 2010 Census Data on CDBG Allocations; Recent Funding History. Figures and tables. This is a print on demand report.

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