CBO
TESTIMONY
Statement of
Alice M. Rivlin
Director
Congressional Budget Office
Before the
Subcommittee on Housing and Urban Affairs
of the
Committee on Banking, Housing and Urban Affairs
U.S. Senate
April 24, 1979
There should be no release of this statement
before 9:00 a.m. (EST), April 24, 1979
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Each year, the Congress decides how much should be spent on housing
assistance for lower-income persons and how available funds should be allocated
among the various assisted housing programs. As background to your consideration
of these questions for fiscal year 1980, in my testimony today I will:
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First, review the multiple objectives of housing assistance programs;
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Second, describe differences in program costs and in the particular needs
that each program addresses; and
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Third, describe several budget and program options, including the President's
1980 funding proposal.
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