Close Menu
  • Home
  • Economic News
  • Stock Market
  • Real Estate
  • Crypto
  • Investment
  • Personal Finance
  • Retirement
  • Banking

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Netanyahu Rejects Gaza Plan: Israel Won’t Withdraw Until Hamas Is ‘Genuinely Disarmed’

August 9, 2026

Arbitrum jumps 19% benefitting from Robinhood’s $568 million onchain trading frenzy

August 9, 2026

PYTH rallies on bullish sentiment – But there’s a silent risk brewing

August 9, 2026
Facebook X (Twitter) Instagram
  • Contact Us
  • Privacy Policy
  • Terms Of Service
Monday, August 10
Doorpickers
Facebook X (Twitter) Instagram
  • Home
  • Economic News
  • Stock Market
  • Real Estate
  • Crypto
  • Investment
  • Personal Finance
  • Retirement
  • Banking
Doorpickers
Home»Real Estate»Trump’s budget request seeks $33B in HUD cuts
Real Estate

Trump’s budget request seeks $33B in HUD cuts

May 2, 2025No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

The budget proposal unveiled on Friday is not binding, but it sets a tone for the upcoming discussions between President Donald Trump, his allies in Congress, and the public. With the current government funding deadline set for Sept. 30, Congress must pass a funding package to avoid a government shutdown.

Proposed HUD Cuts

The most significant cut proposed for HUD is aimed at the State Rental Assistance Block Grant program, which would see a reduction of $26.7 billion across various programs such as tenant-based rental assistance, public housing, project-based rental assistance, and housing for the elderly and disabled.

The budget aims to empower states by converting the current federal rental assistance programs into a state-based formula grant, allowing states to tailor their rental assistance programs to their specific needs. It also proposes a two-year cap on rental assistance for able-bodied adults and prioritizes funding for the elderly and disabled through states.

Other proposed cuts include the elimination of the Community Development Block Grant (CDBG) program, the HOME Investment Partnerships Program, Native American and Native Hawaiian housing assistance block programs, homeless assistance programs, lead hazard reduction funding, self-sufficiency programs, and fair housing grants.

HUD and Organization Responses

HUD Secretary Scott Turner praised the budget proposal for providing states and localities with more flexibility while streamlining existing programs to better serve the American people. He emphasized the need for partnerships and collaboration between different levels of government.

However, reactions from housing advocates varied. The Community Home Lenders of America (CHLA) expressed the need for more details before forming a definitive opinion. The National Housing Law Project (NHLP) criticized the budget for cutting essential programs that support low-income individuals and families.

NHC: Budget Proposal Outlook

David Dworkin, the president and CEO of the National Housing Conference (NHC), described the budget proposal as draconian but suggested that it is unlikely to gain traction. He warned that the proposed cuts could lead to a homelessness crisis and financial struggles for property owners reliant on Housing Choice Vouchers.

Dworkin highlighted the challenges of passing such drastic cuts in Congress, especially considering the growing concerns around housing affordability. He noted that while the HUD budget may face reductions, lawmakers will need to balance fiscal responsibility with meeting the needs of their constituents.

Ultimately, Dworkin emphasized the importance of practical considerations in shaping legislation, where ideological beliefs must align with the real-world impact of budget decisions.

33B budget cuts HUD request Seeks Trumps
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Norfolk County, MA Housing Market Update: July 2026

August 8, 2026

How to Negotiate the Best Deal on a New Construction Home

August 7, 2026

How Long Does it Take to Build A Home in MA?

August 6, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Here’s How I Made $360 Selling Stuff on Facebook Marketplace

June 4, 202513 Views

10 Major Industries in Illinois for Job Hunters

December 3, 20244 Views

5 top benefits of a Roth IRA

August 17, 20243 Views
Stay In Touch
  • Facebook
  • YouTube
  • TikTok
  • WhatsApp
  • Twitter
  • Instagram
Latest
Economic News

Netanyahu Rejects Gaza Plan: Israel Won’t Withdraw Until Hamas Is ‘Genuinely Disarmed’

August 9, 20260
Crypto

Arbitrum jumps 19% benefitting from Robinhood’s $568 million onchain trading frenzy

August 9, 20260
Crypto

PYTH rallies on bullish sentiment – But there’s a silent risk brewing

August 9, 20260
Facebook X (Twitter) Instagram Pinterest
  • Contact Us
  • Privacy Policy
  • Terms Of Service
© 2026 doorpickers.com - All rights reserved

Type above and press Enter to search. Press Esc to cancel.