President's Budget Not Sufficient to Fully Renew Rental Assistance

According to a recent report by the Center on Budget and Policy Priorities (CBPP), President Obama's fiscal year 2013 budget request for HUD is at least $1.7 billion below the amount needed to fully renew rental assistance provided this year under HUD's three major rental assistance programs for low-income households: the Housing Choice Voucher, public housing, and Section 8 project-based rental assistance programs.