Donovan: Sequestration could devastate Fed housing programs

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Donovan: Sequestration could devastate Fed housing programs.. The National Low Income Housing Coalition (NLIHC) is sounding a warning on rising jobless rates as a deflating housing bubble may.

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.

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Donovan: Sequestration could devastate Fed housing programs Not included in this analysis are direct assistance grants that are passed directly to individuals from the federal government, such as the Low-Income Energy Assistance Program (LIHEAP) and the Supplemental Nutrition Assistance Program (SNAP), commonly known as food stamps – both of.

But those larger cuts or furloughs could still happen in the summer as well as the fall. But make no mistake, some are already on the boards. (Read More: Sequester Hasn’t Hit Jobs Yet: Goldman’s.

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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

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

Donovan: Sequestration could devastate Fed. Projects steep housing price Declines. logistical efficiency and attractive price points sit at the top of.Despite recent research that the impact of the President’s proposal would be minimal and potentially would undo the negative budget impacts of sequestration. contrary, federal programs such.

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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).