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November 2006, No. 232

The authors consider whether federal transfers and expenditures from monies generated by states and localities respond to state-level trends in unemployment and poverty.

Last Updated: 10/12/2006

Community Development Spending, 1981–2004

David B. Cashin , Julie Gerenrot , Anna Paulson

Community development spending is an important component of the U.S. public welfare system, directly affecting the lives of many who live in the United States. Nearly nine million low-income individuals live in housing subsidized by the U.S. Department of Housing and Urban Development (HUD). Total federal spending on community development exceeded $45 billion in 2004—approximately $155 for each person living in the United States.