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February 9, 2012

Provision in Transportation Bill Threatens Funding for Affordable Housing

By Michael Spotts

 

This week, critical funding for affordable housing and community development stands in jeopardy.

A provision in the House transportation bill, H.R. 7, poses a significant threat to both transit and housing. Many of our partners are opposing the provision and others proposed in the bill as part of today’s National Call-In Day on Transportation.

If passed, the bill—which is heading to the House floor for debate and voting in the coming days—would separate transit funding from its current revenue source, the Highway Trust Fund, and be subject to annual appropriations under the Transportation, Housing and Urban Development Appropriations Bill. The provision puts added pressure on discretionary funding for HUD’s housing and community development programs, a dangerous strain to add when spending for these departments is already expected to decrease.

Help us oppose this provision before the bill is passed. Send a message to your representative today.

 

 

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