Thursday, March 9, 2017

A message on the budget outlook for housing

By now, many of you will have seen the leaked budget documents referencing a potential $6 billion cut to HUD. Such a cut would be devastating to housing and community development efforts: elimination of HOME and CDBG, deep cuts to public housing and rental assistance, and near elimination of now-smaller programs like housing for the elderly and people with disabilities. What this means right now:  The leaked documents are not a formal statement from the administration, so President Trump's budget proposal could be different when it arrives. This is also a negotiating process between......(read more)
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