Obama Administration's Budget Criticized by Housing Advocates

摘要

The Obama Administration's detailed rural housing budget for fiscal 2010 was criticized by rural housing groups, which expressed concern about the level of program funding and the failure to provide any subsidies for Section 538 guaranteed multifamily loans.rnThe budget generally maintains programs at their fiscal 2009 levels. The one exception is rural rental assistance, which gets a boost from $903 million to $1,091 billion, but the increase is primarily due to the rising cost of renewals with the transition to one-year contracts.