Obama Budget A Boon For New York

The new federal budget represents a broad increase in funding for urban programs. New York in particular is to benefit greatly from the new spending plan.

"The increases are virtually across-the-board and, in some cases, represent a quantum leap forward, based on an analysis by Weiner's office of the new budget and New York's historical share of the budget pie:

* Under Obama's new spending plan, grant money to help low-income, working families afford child care will effectively double, to $168 million.
* Funds for early childhood education are expected to jump by 14%.
* Families that depend on food stamps will see a 51% increase in their monthly checks.
* Community development block grants will grow by 25%, while the feds' main program for lending to small businesses in inner city neighborhoods is expected to double.

The increases represent not just a shift from Republican to Democratic priorities, experts say, but the ascension of the first urban-minded President since Democrat Jimmy Carter strode into the Oval Office in 1977."

Full Story: Obama budget impact: It's like Christmas in February for New York

Comments

Prepare for the AICP Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $199
Planetizen Courses image ad

Planetizen Courses

Advance your career with subscription-based online courses tailored to the urban planning professional.
Starting at $14.95 a month
Book cover of Where Things Are from Near to Far

Where Things Are From Near to Far

This engaging children's book about planning illustrates that "every building has its place."
$19.95
T-shirt with map of Chicago

Show your city pride

Men's Ultrasoft CityFabric© tees. Six cities available.
$23.00