Out in the cold: New U.S. budget priorities threaten housing aid programs

The White House has called for a $54 billion cut in non-military discretionary domestic programs in the next fiscal year, which likely will dramatically impact safety-net programs, including HUD’s affordable housing and community development programs. HUD provides approximately five million Americans with some form of housing assistance, and even this figure includes only one-quarter of those eligible for assistance. While the White House has not been specific about its plans for HUD, the agency is likely to be threatened with significant cuts. When legislatively mandated cuts known as sequestration hit HUD in 2013, more than 100,000 renters nationwide lost their housing support. Full Article

By | 2017-03-08T22:49:38+00:00 March 8th, 2017|News, News Featured, Uncategorized|0 Comments

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Housing Catalyst