With sequestration on the horizon and uncertainty as to whether Congress will be able to agree on a budget resolution, there are many unknowns. But it is certain that funding levels for programs that help homeless and very low-income individuals and families in New Jersey will decrease regardless of the outcome.
Below are estimated cuts to New Jersey funding if sequestration is implemented:
2012 NJ Funding
CDBG Formula Grants
Housing Choice Vouchers
Click here for updated state-by-state sequestration estimates for major HUD programs
Click here to view here to view the PowerPoint presentation from the 1/29/13 webinar.