President Trump’s FY 2020 Budget proposes to cut HUD funding by $9.6 billion or 18% compared to enacted FY 2019 funding. Once again Trumps calls for the elimination of Public Housing Capital, CDBG and HOME and significant reductions in Public Housing Operating. If enacted, this budget would seriously harm HUD-assisted households and severely damage affordable and public housing programs in New York.
New York State Impact
Download NYHC Fact Sheet For Impact Of Trump’s Budget On Housing in New York State here.
NEW YORK STATE LOSES $1.5+ BILLION IN ANNUAL HOUSING FUNDING
-$1,107,183,000 Public Housing Operating & Capital Funds
-$315,300,000 Community Development Block Grant
-$119,035,000 HOME Investment Partnership
TRUMP SETS PUBLIC HOUSING UP TO FAIL
Trump audaciously proposed the complete elimination of public housing capital funds just one month after HUD reached a settlement agreement with NYCHA. This will only set NYCHA and its new monitor up to fail because it will be impossible for NYCHA to meet substantial compliance with health and safety repairs required in the settlement agreement without federal Public Housing funding.
-DEFUNDED Public Housing Capital
-40% CUT Public Housing Operating
CONTINUED ATTACK ON LOW-INCOME RENTERS
Under Trump’s proposal, rents will rise for HUD-assisted tenants from 30% of adjusted income to 35% of gross income. This rent increase combined with budget’s short-funding of Section 8 puts families receiving rental assistance at a greater risk of homelessness. If enacted the budget proposal would cause:
-511,200 NY HUD-Assisted Households to Receive Rent Increases of $890/Year on Average
-10,000 NY Section 8 Voucher Households at Risk of Homelessness
Click HERE to use #TrumpRentHike Calculator if you live in Public Housing or receive rental assistance.
REAL LIVES IMPACTED: HUD PROGRAMS
Nancy Sanchez is a former house cleaner and language teacher living in HUD 202 Housing for the Elderly in Brooklyn, NY. She is diabetic with mobility issues. Nancy says she struggles to afford healthy food and pay for medical expenses living on social security payments with an annual income of $10,692. At age 62, Nancy says affordable senior housing is a “blessing” but she worries about how Trump’s HUD funding cuts and rent reform proposal would affect her ability to stay in her apartment while still being able to pay for her necessary medications and healthy food.
“I am thinking what do now if I don’t have enough money to pay the extra money I have to pay. What I do with my life? I feel so sad, so depressed.”Nancy
“We all live on a fixed income. It’s going to be a burden on people like me.”Pedro