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President Clinton proposes $32.1 billion HUD budgetmortgagepress.comU.S. Department of Housing and Urban Development, HUD, 2001 budget
President Clinton proposed increasing the Department of Housing
and Urban Development's (HUD) budget by $6 billion in Fiscal Year
2001 to $32.1 billion, the strongest HUD budget in more than 20
years, with increases in every program area.
"This budget shows that HUD is back in business, and has
achieved a new level of public trust and confidence by proving it
can create and run quality programs," said HUD Secretary Andrew
Cuomo. "The budget will build on HUD's success and help unlock the
door to prosperity for people and places left behind in these good
economic times."
Secretary Cuomo said the budget that President Clinton submitted
to Congress provides HUD with the tools necessary to deliver on its
core mission of promoting adequate and affordable housing, economic
opportunity, and a suitable living environment free from
discrimination.
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