The FY 2012 HUD Budget recently approved by Congress brings funding for Community Development Block Grant (CDBG) formula grants below the symbolic $3 billion mark.  As the chart below shows, funding for formula grants held steady through the middle of the previous decade, declined considerably for several years before seeing a brief reprieve in FY […]

The House Transportation-HUD Appropriations Subcommittee is scheduled to mark up the FY 2012 Transportation-HUD Appropriations bill this afternoon.  In a victory for local governments, a draft version of the bill would provide $3.5 billion for CDBG, a $200 million (approximately 6 percent) increase from FY 2011.  Tempering this news is language that would cap CDBG […]