Friday, May 16, 2008

Senate Appropriations Committee Adds $1 Billion Supplemental to LIHEAP for FY 2008

The Senate Appropriations Committee yesterday added $1 billion to LIHEAP for FY 2008. The funds would be split $500 million for the base formula and $500 million for the contingency funds with the condition that the contingency funds would be released within 30 days and allocated by the Tier 1 formula.

This is very good news and increases the possibility that funding for FY 08 could be significantly increases. The additional funding was included on 20-9 vote.

Note: this is not a done deal. It still has to pass the House and be approved by the President.

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