Real Lives Impacted by Trump Budget
Tax-Exempt Bonds
Policy Updates
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NYHC has started a campaign to spotlight the real-world impacts of the President’s proposed budget. President Trump’s FY 2018 Budget cuts HUD funding by 15% compared to FY 2017. If enacted, this budget would cause a rise in homelessness, accelerate the decline of public housing infrastructure and curb affordable housing production. Read More
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As more than half of all renters statewide are struggling to afford their homes and more than 80,000 New Yorkers are still homeless, slashing the budget of the federal Department of Housing and Urban Development would make our state’s already urgent housing crisis worse that it has ever been before. Read More
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President Trump’s budget request to Congress was released today and it provides $6.2 billion in cuts as per the “skinny” budget but this is actually $7.4 billion in housing cuts compared to current 2017 levels. The budget increases defense spending by $52 billion by slashing non-defense programs such as HUD assistance, food stamps, TANF and […] Read More