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Donovan: Sequestration could devastate Fed housing programs – By Kerri Ann Panchuk – Automatic government spending cuts could result in 75,000 fewer households receiving foreclosure-prevention aid along with rental and counseling services through the Department of Housing and Urban Development.

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Some economists are warning that the combination of tax increases and spending cuts required by the sequestration provision of the Budget Control Act of 2011 could knock an. to have teacher.

House Prices Won’t Return to Peak Until 2020: Moody’s Analyst  · Vegas home prices: On the skid until 2032. So, bring on the contenders. chen estimates that Las Vegas home prices won’t return to their pre-recession peak until after 2032; in Phoenix, the rebound will take until 2034; and Salinas, Calif., and Naples, Fla.,

In addition to cuts in the housing choice voucher program, the sequestration also reduces funding for other federal rental assistance programs — including public housing and homeless assistance, which will lose an estimated $304 million and $99 million in the sequester, respectively.

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Donovan: Sequestration could devastate Fed housing programs On April 2, HUD Secretary Shaun Donovan testified at a House transportation-hud subcommittee oversight hearing on HUD’s Office of Public and Indian Housing programs. In his opening statement, Subcommittee Chairman Tom Latham (R-IA) commented that over the years, funding needs for.

Donovan added that sequestration cuts could cause more than 100,000 formerly homeless Americans, including veterans, to be removed from their current residences or emergency housing programs.

Donovan: Sequestration could devastate fed housing programs. roland Home Loans. Contents Mortgage program investigation Programs diana golobay Sequestration. alex gecan. published Automatic government spending cuts Curiously, though, the impact that such cuts would have on the housing market.

But sequestration, or $85 billion in federal. housing. The wait for families on the Section 8 waiting list could be pushed to three years or more, housing authority CEO Phil Steinhaus said..

St. Valentine’s Day, February 14, was packed with Congressional activity on sequestration, but a solution has yet to emerge. Members from both sides of the aisle were eager to critique what the sequestration portends. The Administration is required to implement sequestration, across-the-board cuts to discretionary spending, on March 1 (see Memo, 2/1).

Testifying yesterday at a Senate Appropriations Committee hearing on the automatic budget cuts ("sequestration") scheduled to begin March 1, Housing and Urban Development (HUD) Secretary Shaun Donovan stated that the "cuts would be deeply destructive, would damage the economy, and would harm numerous families, individuals, and communities across the nation that r

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