Items Tagged with 'HUD budget cut'


  • HUD tenants rally against proposed budget cuts

    Rep. Waters pledges to continue to fight
    The U.S. Department of Housing and Urban Development could be seeing come cuts to its budget if President Donald Trump’s budget is approved. However, tenants, homeowners and activists gathered throughout the U.S. to oppose the cuts and encourage their members of congress to vote against the budget.
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  • Here's what Trump's proposed budget means for housing

    And the affordable housing programs it would cut
    The Trump administration released its full budget proposal which includes a $6.2 billion budget cut to HUD. The cut was announced back in March, but now the full budget reveals a detailed plan of which programs make the cut, and which won’t, if the budget proposal is adopted by Congress.
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  • Monday Morning Cup of Coffee: HUD budget shows cuts still run deep

    Proposed budget puts increased responsibility on state and local governments
    The draft of HUD’s proposed 2018 budget calls for “increased responsibility on state and local governments and calls for the private sector to do more to meet community needs.” The proposed budget also eliminates the Housing Trust Fund, a program financed by Fannie Mae and Freddie Mac profits. Also, where is the next emerging market for mortgage lending? Here's where, according to the CEO of Caliber Home Loans.
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  • Ben Carson: Housing will be part of Trump infrastructure bill

    Washington Post reports on HUD’s secretary’s comments at NLIHC conference
    Now that he’s back in Washington, HUD Secretary Ben Carson's focus is turning back to the looming cuts to HUD’s budget. The proposed $6.2 billion cut to HUD’s budget has many concerned about the number of housing programs that may be negatively affected or cut entirely, but Carson said Monday that those concerned with the proposed cuts aren’t seeing the big picture.
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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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