Items Tagged with 'HUD budget cut'

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Former HUD senior advisor Richard Green: Here are the issues with Trump's budget

Ginnie Mae staffing levels and FHA infrastructure will both suffer

Late last week, Julián Castro, who served as secretary of the Department of Housing and Urban Development from 2014 to 2017 under former President Barack Obama, told HousingWire that he has several issues with President Donald Trump’s budget proposal, which calls for a $6.2 billion cut to HUD’s budget. But Castro isn’t the only former HUD official to express concerns with Trump’s budget.


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MBA: Trump’s budget shows political statement of priorities

Not just because of funding cuts
The Mortgage Bankers Association explained President Donald Trump’s proposed budget shows housing is not a priority for the administration. The MBA explains it’s not just the cuts to HUD that show the president’s focus. The lack of housing direction in the budget can be just as telling as the funding cuts.
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Trump officially proposes to slash HUD budget by $6.2 billion

Here are programs getting a cut and getting a boost
President Donald Trump officially announced his budget proposal, which included the much-feared $6.2 billion cut to HUD funding. The Office of Management and Budget released a report that shows exactly what programs will be slashed, and which will not, in the new budget proposal.
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