HUD Cuts | CDBG Moved To Commerce; Reduced in Size
The Post reported today that the administration is seeking a series of cuts in the Housing and Urban Development community branch.
The $4.7 billion Community Development Block Grant (CDBG) program -- comprising most of the community planning budget -- could be cut as much as 50 percent according to aides contacted the Post. Under the new plan, CDBG would be moved to the Commerce Department and simultaneously reduced in size. Mayors and urban interests will be sure to fight for the popular program, which affects cities across the nation.