Center on Budget and Policy Priorities Publishes Estimated Cuts in Federal Assistance Due to 2013 Sequestration - February 22, 2013

According to the CBPP:

"Automatic, across-the-board funding cuts in most federal programs (or “sequestration”) had been scheduled to begin on January 2, but the “fiscal cliff” budget deal enacted by President Obama and Congress delays these cuts until March 1, 2013. The budget deal also reduces the amount to be sequestered in fiscal year 2013 by $24 billion, to $85 billion. 

For non-security discretionary programs — including nearly all housing assistance and community development programs — the revised sequestration will mean a funding reduction of about 5 percent beginning on March 1, unless Congress acts to avert the cuts.  Tables 1 and 2 below show our estimates, by state, of the likely impact of sequestration cuts on core housing assistance and community development programs in 2013."

For additional information and analysis, please visit the CBPP website.