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$129 million in targeted funds for job creation, education, housing, small business assistance, and other community development initiatives for the Mississippi Delta region $25 million to create over 20,000 new Individual Development Accounts $1.65 billion for the HOME Investment Partnerships Program $1.2 billion for the Continuum of Care Program $20 million in grants and technical assistance to increase the role of community- and faith-based organizations in housing and community development activities January 19, 2000 The Clinton Administration confirmed that the President's budget would include a $3,000 tax credit for people with long-term care needs or their caregivers. In addition to the tax credits, the initiative would provide $100 million in competitive grants to qualified low-income elderly housing projects (Section 202 projects) to convert some or all units into assisted living, so long as Medicaid home and community-based services and services for non-Medicaid residents are readily available. 1999 December 29, 1999 President Clinton announced plans to call for 120,000 new housing vouchers for America's hard-pressed working families in his FY 2001 budget including 32,000 for families moving from welfare to work, 18,000 for homeless, 10,000 to help low-income families move to new housing constructed with the low income housing tax credit and 60,000 allocated to local areas on a formula basis to help address the unmet need for affordable housing. These new housing vouchers would enable families to move closer to a new job, reduce a long commute, or secure more stable housing that would help get or keep a job. November 18, 1999 The Clinton Administration highlighted new agreements on the FY 2000 budget. Housing initiatives included: $347 million in funding for 60,000 new housing vouchers for America's hard-pressed working families $10.8 billion for the renewal of all Section 8 contracts to protect rent subsidies for low-income families expansion of funding for affordable housing for the elderly and disabled by $911 million $1.02 billion in funds for homeless assistance grants $44 million to fight housing discrimination through HUD's Fair Housing laws November 5, 1999 As part of his New Markets tour, President Clinton joined Speaker Hastert in Chicago to announce a bipartisan agreement to develop a legislative initiative around new markets and the renewal of impoverished communities. Among those initiatives was HUD's approval of an $18 million Section 108 Guaranteed Loan to augment a previously awarded $2.5 million Brownfields Economic Development Grant. November 4, 1999 Among other initiatives for community development, the Administration proposed to increase the on the Low-Income Housing Tax Credit from $1.25 to $1.75 per capita restoring the value of the credit to its 1986 level and helping to create an additional 150,000-180,000 new low-income housing units over the next five years. 4

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    "ocrText": "$129 million in targeted funds for job creation, education, housing, small business assistance, and\nother community development initiatives for the Mississippi Delta region\n$25 million to create over 20,000 new Individual Development Accounts\n$1.65 billion for the HOME Investment Partnerships Program\n$1.2 billion for the Continuum of Care Program\n$20 million in grants and technical assistance to increase the role of community- and faith-based\norganizations in housing and community development activities\nJanuary 19, 2000\nThe Clinton Administration confirmed that the President's budget would include a $3,000 tax credit for\npeople with long-term care needs or their caregivers. In addition to the tax credits, the initiative would\nprovide $100 million in competitive grants to qualified low-income elderly housing projects (Section 202\nprojects) to convert some or all units into assisted living, so long as Medicaid home and community-based\nservices and services for non-Medicaid residents are readily available.\n1999\nDecember 29, 1999\nPresident Clinton announced plans to call for 120,000 new housing vouchers for America's hard-pressed\nworking families in his FY 2001 budget including 32,000 for families moving from welfare to work,\n18,000 for homeless, 10,000 to help low-income families move to new housing constructed with the low\nincome housing tax credit and 60,000 allocated to local areas on a formula basis to help address the unmet\nneed for affordable housing. These new housing vouchers would enable families to move closer to a new\njob, reduce a long commute, or secure more stable housing that would help get or keep a job.\nNovember 18, 1999\nThe Clinton Administration highlighted new agreements on the FY 2000 budget. Housing initiatives\nincluded:\n$347 million in funding for 60,000 new housing vouchers for America's hard-pressed working\nfamilies\n$10.8 billion for the renewal of all Section 8 contracts to protect rent subsidies for low-income\nfamilies\nexpansion of funding for affordable housing for the elderly and disabled by $911 million\n$1.02 billion in funds for homeless assistance grants\n$44 million to fight housing discrimination through HUD's Fair Housing laws\nNovember 5, 1999\nAs part of his New Markets tour, President Clinton joined Speaker Hastert in Chicago to announce a\nbipartisan agreement to develop a legislative initiative around new markets and the renewal of\nimpoverished communities. Among those initiatives was HUD's approval of an $18 million Section 108\nGuaranteed Loan to augment a previously awarded $2.5 million Brownfields Economic Development\nGrant.\nNovember 4, 1999\nAmong other initiatives for community development, the Administration proposed to increase the on the\nLow-Income Housing Tax Credit from $1.25 to $1.75 per capita restoring the value of the credit to its\n1986 level and helping to create an additional 150,000-180,000 new low-income housing units over the\nnext five years.\n4"
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