May 23, 2017
Budget cuts planned in Washington DC could cause big problems, according to New York City Housing Commissioner Maria Torres-Springer.
The federal budget proposal by President Trump calls for a $6 billion cut to the Department of Housing and Urban Development (HUD), and would eliminate the HOME programs and Community Development Block Grants (CDBG). “Slashing HUD’s funding is shortsighted and irresponsible,” said Torres-Springer.
“In New York City, we use CDBG to ensure safe, decent standards of living, and HOME is one of the only remaining federal programs to help build new affordable housing and empower low-income families to make down payments on homes,” said Torres-Springer. Many new apartment developments depend on the programs. “And, more than 125,000 households in New York City depend on Section 8 [rental subsidies].”
CDBG also helps pay for the City’s program to train housing inspectors (pictured with Torres-Springer).
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