Industry News

Bush proposes modest increase in HUD budget

Administration renews call for FHA modernization
Published on Feb 5, 2008

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by CareyBot

The Bush administration proposes scaling back or eliminating six Department of Housing and Urban Development programs to save $1.6 billion, while boosting the department’s overall budget by $1 billion, to $38.5 billion. The administration’s proposed fiscal-year 2009 budget for HUD ...