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The Senate and House fiscal year 2018 funding bills for the Department of Housing and Urban Development (HUD) would cut the number of Housing Choice Vouchers (HCV) next year by 30,000 and 110,000, respectively, our analysis of updated program cost data finds, leaving many low-income seniors, people with disabilities, and families with children without needed help to afford housing.
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Despite being the head of a department slated for $6 billion in cuts, Housing and Urban Development director Ben Carson on Monday promised funding for low.
Housing Choice Voucher (HCV) Program: HUD’s Housing Choice Vouchers would be funded at 6 percent less than the President’s re- quest for this assistance to the Nation’s most vulnerable families and individuals. In total, compared to the President’s Budget, the GOP budget would provide roughly 100,000 fewer vouchers.
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Surprisingly the Bill decreases funding for the HUD 184 Loan Program to $1 million, down from $7 million that was allocated in the year prior. Tribal citizens from Alaska and Oklahoma have been the largest beneficiaries of HUD 184 loans with very few loans provided on tribal trust lands.
Trump’s HUD cuts would have very negative impact’ on NYCHA, Section 8, advocates and officials say. Rivera joined about 600 New Yorkers who bussed to the nation’s capital last week to take part in the Tenants March on Washington, a rally demanding President Donald Trump’s administration roll back proposed cuts to the U.S. Department of Housing and Urban Development.
Originally, the administration released a budget that would cut the department’s funding to $39.2 billion, bringing the total cuts over the past two years to $8.8 billion or 18.3%. However, early Friday morning, Trump signed a massive spending bill that reopened the government from its second shutdown this year.
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The bill provides $2.4 billion less than the Senate Appropriations Committee-reported FY 2015 T-HUD bill, with approximately $1 billion less for HUD programs. The bill would provide $700 million for the HOME program, a $300 million, or 30 percent, cut from the FY 2014 funding level of $1 billion and $250 million less than the Senate bill and.
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Trump budget proposal would decimate HUD funding The proposal is more extreme than last year’s budget, but like last year’s, this budget is unlikely to pass By Jeff Andrews Feb 12, 2018, 5.