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Tag: HUD
Roadbuilding
Senate passes bridge-prioritizing amendment to DOT, HUD spending bill
The Senate on Wednesday passed an amendment to its proposed $54 billion transportation and housing spending bill, prioritizing bridge projects, according to a report from The Hill. Senator Rob Portman (R-Ohio) authored the amendment, which he said would prioritize bridges deemed “structurally obsolete” or “deficient,” allowing those bridges to be fixed before others. “We all […]
July 25, 2013
Roadbuilding
White House “strongly supports” Senate DOT, HUD spending bill
The White House said on Tuesday that President Obama “strongly supports” the $54 billion budget for the Departments of Transportation and Housing and Urban Development that the Senate is considering, according to a report from The Hill. The announcement follows a White House statement on Monday that President Obama’s “senior advisors would recommend that he […]
July 24, 2013
Roadbuilding
Senate to consider DOT, HUD spending bill next week
The Senate next week will take up the spending bill for the Departments of Transportation (USDOT) and Housing and Urban Development (HUD), according to a report from The Hill. The $54 billion budget, known as the THUD bill, is expected to clear the Senate. The Senate bill is $9.9 billion higher than the $44.1 billion […]
July 19, 2013
Roadbuilding
House Appropriations Committee to revise USDOT, HUD budget
The House Appropriations Committee is scheduled to meet tomorrow at 10 a.m. Eastern Time to revise the proposed $44.1 billion Transportation, Housing and Urban Development Appropriations budget. The House Appropriations Subcommittee on Transportation, Housing and Urban Development, and Related Agencies approved the budget last week. Tomorrow’s hearing will give committee members a chance to propose […]
June 26, 2013
Roadbuilding
House Appropriations Subcommittee on transportation, housing approves $44.1 billion budget
The House Appropriations Subcommittee on Transportation, Housing and Urban Development, and Related Agencies yesterday approved the House Appropriation Committee’s $44.1 billion budget for the departments of Transportation and Housing and Urban Development. The bill is $7.7 billion below the previous budget and $4.4 billion below the sequester level. The proposed budget will go to the […]
June 20, 2013
Roadbuilding
House Appropriations Committee releases $44.1 billion USDOT, HUD budget
[Correction: The original report stated that the proposed budget was $44 billion. This report now reflects the correct amount, $44.1 billion.] The House Appropriations Committee yesterday released a $44.1 billion budget for the departments of Transportation (USDOT) and Housing and Urban Development (HUD). According to a release from the committee, the fiscal year 2014 Transportation, […]
June 19, 2013
Home
Housing production declines, permits rise in July
Nationwide housing production was down 1.1 percent to a seasonally adjusted annual rate of 746,000 units in July, according to HUD and the United States Census Bureau. However, builders pulled more permits for planned new-home projects than they have in any month since August of 2008. After four consecutive months of gains, single-family housing starts […]
August 16, 2012
Construction Equipment
FY13 funding for DOT released. Ouch!
The House Appropriations Committee has released the fiscal year 2013 Transportation, Housing and Urban Development funding bill. Apparently the old adage that the first cut is the deepest isn’t always true. All of the proposed cuts hurt. But there is 39.1B from the Highway Trust Fund for the Federal Highway program (until a reauthorization bill […]
June 6, 2012
Home
April housing rates rise
The National Association of Home Builders has reported on new figures from the U.S. Census Bureau and HUD, which show nationwide housing production gains of 2.6 percent from an upwardly revised pace in March to hit a seasonally adjusted annual rate of 717,000 units in April. This modest gain was seen in both the single- […]
May 24, 2012
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