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According to a report by the Center on Budget and Policy Priorities (CBPP), because of the sequestration cuts instituted on March 1 of this year, state and local housing agencies are facing substantial shortfalls in funding to renew the Housing Choice Vouchers that more than 2.1 million low-income households utilize.
If Congress doesn’t cancel sequestration as part of an agreement to fund the government beyond January 2014, agencies will continue to face shortfalls, and the resulting hardships for low-income families will worsen considerably in the year ahead.
