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Fri May 19, 2017, 05:17 PM

HUD budget slashes housing programs, drawing protests from advocates

Source: Politico



By LORRAINE WOELLERT 05/19/2017 01:36 PM EDT Updated 05/19/2017 12:58 PM EDT

President Donald Trump's administration will seek to slash spending on affordable housing and community development programs, a plan that housing advocates condemned as "immoral" and a blow to voters who sent him to the White House.

The administration is seeking to cut spending on affordable housing and community development and wants mortgage lenders to fund technology fixes at the Department of Housing and Urban Development, according to a budget draft obtained by POLITICO. The proposal also eliminates the Housing Trust Fund, a program financed by Fannie Mae and Freddie Mac profits.

In all, the request cuts funding by some $6 billion for fiscal year 2018, to about $40 billion. The draft, dated May 4, might not reflect the administrationís final spending request, which is expected next week. A HUD spokesman did not respond to requests for comment.

The document puts increased responsibility on state and local governments and calls for the private sector to do more to meet community needs, a key goal of HUD Secretary Ben Carson.

Read more: http://www.politico.com/story/2017/05/19/hud-budget-cuts-housing-programs-238610




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Reply HUD budget slashes housing programs, drawing protests from advocates (Original post)
DonViejo May 2017 OP
yallerdawg May 2017 #1
hibbing May 2017 #2
Bernardo de La Paz May 2017 #3
keithbvadu2 May 2017 #4

Response to DonViejo (Original post)

Fri May 19, 2017, 05:24 PM

1. They just pissed off 50 state governments!

"The biggest cut would ELIMINATE the $3 billion Community Development Block Grant program, a state and local entitlement that benefits low- and moderate-income communities. The grants support a range of economic development projects, including roads, sewers and housing."

It's like, "Hurry up and impeach me, you dumbasses!"

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Response to DonViejo (Original post)

Fri May 19, 2017, 05:42 PM

2. Who needs housing when you're dead

After they gut the subsidies for the ACA. I never thought I would have as much rage as I did for the idiot son when he started the immoral and unjustified war in Iraq, but I have more. This assault on low income people and others is frightening and infuriating.

Peace

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Response to DonViejo (Original post)

Fri May 19, 2017, 05:55 PM

3. Expect Republicons to line up to say poor people should just get a third job. . . nt

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Response to DonViejo (Original post)

Fri May 19, 2017, 09:50 PM

4. Golly... What a surprise!

Ben! Ben! Ben! Listen up, Ben!

You can take all that grain out of the pyramids and use them for housing.

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