HUD Secretary Henry Cisneros urged the House Banking, Finance and Urban Affairs Committee on June 16 to amend his budget request for fiscal 1994 in Part to accommodate a $50 million appropriation for community development programs. That same day, James Pickman, program secretary of the National Community Development Initiative, testified to the panel regarding community development corporations and efforts to interest the secondary mortgage markets in that work. Here are excerpts from Cisneros' and Pickman's testimony.

Henry Cisneros

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