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

Description:

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.

Creator(s): Boyd, Eugene
Location(s): United States
Creation Date: June 28, 2012
Partner(s):
UNT Libraries Government Documents Department
Collection(s):
Congressional Research Service Reports
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Creator (Author):
Boyd, Eugene

Analyst in Federalism and Economic Development Policy

Publisher Info:
Place of Publication: Washington D.C.
Date(s):
  • Creation: June 28, 2012
Coverage:
Place
United States
Description:

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.

Physical Description:

37 pages.

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Partner:
UNT Libraries Government Documents Department
Collection:
Congressional Research Service Reports
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Resource Type: Report
Format: Text