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12Mar

President Trump Proposes Drastic Cuts to Affordable Housing Programs

National Low Income Housing Coalition

President Donald Trump’s fiscal year 2020 budget request – released today – proposes to drastically cut housing benefits that help millions of low-income seniors, people with disabilities, families with children, veterans, and other vulnerable people afford their homes. Like his other budget requests in FY18 and FY19, the proposal would reduce housing benefits for the lowest-income people by slashing federal investments in affordable homes, increasing rents, and imposing harmful work requirements on America’s struggling families. If enacted, the budget could leave even more low-income people without stable homes, undermining family stability, increasing evictions, and, in worst cases, leading to more homelessness.

Overall, the administration proposes to cut HUD by an astounding $8.6 billion or 16.4% below 2019 enacted levels, imposing deep cuts to affordable housing and community development, as well as other essential programs that ensure basic living standards.

NLIHC strongly urges Congress not only to reject Mr. Trump’s budget, but to significantly expand the investments in affordable homes that America’s families and communities need to thrive.

At a time when the affordable housing crisis has reached new heights and homelessness is increasing in some communities, the president’s proposal would eliminate or deeply cut essential housing and community development programs like the national Housing Trust Fund, the HOME Investments Partnership program, and public housing capital repairs.

The president would underfund rental assistance through the Housing Choice Voucher program and raise rents – by as much as three times current levels – on America’s poorest families. While the administration suggests its proposed budget would provide an increase in funding to the voucher program, this is misleading; the budget, in fact, includes cuts to housing assistance.

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