Housing Policy

Twenty Percent

Hours before President Obama delivered his State of the Union address on January 25, the House of Representatives approved a nonbinding resolution to roll back domestic discretionary funding for FY 2011 to FY 2008 levels.  The resolution was approved by a vote of 256 in favor to 165 against, with 17 Democrats joining 239 Republicans in support of the measure.  The resolution, if actually acted upon by the Congress when it finalizes the still-unresolved FY 2011 appropriations process, would require spending c

State of the Union

During last evening's State of the Union Address, President Obama raised the possibility of consolidating federal agencies and/or programs to reduce duplication of effort.  As part of this discussion, the President made specific mention of housing policy: