HUD slashes tech funding goals

President Bush's fiscal 2005 budget has proposed a double-digit drop in the Department of Housing and Urban Development's information technology spending allotment.

If the budget is adopted as is, HUD's IT budget would be cut to $336 million, from this year's $428 million level -- a decrease of 21.5 percent. But despite the drop, the department is planning some improvements.

For example, $28.5 million has been budgeted for HUD's Integrated Financial Management Improvement Maintenance that will manage flow of financial information across departmental systems.

Department officials are also proposing $8.4 million for a Single Family Integration System, which is integrating four legacy systems supporting the single-family mortgage origination process. Another project is enhancing the Public and Indian Housing Information Center that supports the multibillion-dollar Public and Indian Housing program.

There are also several smaller allocations for modernizing or enhancing administrative and e-government initiatives.

Featured

  • Acquisition
    network monitoring (nmedia/Shutterstock.com)

    How companies should prep for CMMC

    Defense contractors should be getting ready for the Defense Department's impending cybersecurity standard expected to be released this month.

  • Workforce
    Volcanic Tablelands Calif BLM Bishop Field Office employee. April 28, 2010

    BLM begins move out of Washington

    The decision to relocate staff could disrupt key relationships with Congress and OMB and set the stage for a dismantling of the agency, say former employees.

Stay Connected

FCW INSIDER

Sign up for our newsletter.

I agree to this site's Privacy Policy.