OMB Memo Details How 30% Spending Cuts Would Eliminate 800,000 HCVs

Date Published: 
May 18th, 2023

On Tuesday, the Office of Management and Buget (OMB) released a memo stating that House Republicans would have to slash spending for all other federal agencies by 30 percent next year if they would like to protect or see an increase in defense spending. The memo states that a 30 percent cut would eliminate funding for Housing Choice Vouchers for over 800,000 households, including 250,000 households headed by seniors.

CLPHA remains deeply concerned that such spending cuts would be catastrophic to PHAs' abilities to provide stable, secure housing for low-income families in their communities and will continue to advocate for adequate funding for HUD programs that help PHAs fulfill their missions. You can view the memo here.

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