Reagan to Request Extensive Funding Cuts in Housing, Urban Aid Programs
President Reagan will propose deep cutbacks in funds for operating and repairing the nation’s 1.2 million public-housing units and elimination of eight other housing and urban aid programs, according to documents obtained Tuesday.
One program that would receive no money under Reagan’s fiscal 1986 budget, to be released next week, finances construction of housing for the elderly and the disabled. Other targeted programs include housing vouchers for the poor, housing development grants, rental rehabilitation grants and a small housing program for Indians.
Local public-housing authorities rely on federal subsidies for about half of their operating expenses. Reagan would cut this aid by $240 million to $1 billion.
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