Congress Should Oppose the FY18 Budget Which Slashes Billions from Investments in Affordable Housing – Join us for NJHillday on July 26th
The National Low Income Housing Coalition (NLIHC) is unsure of the finality of the leaked budget documents but overall, Mr. Trump’s FY18 budget would slash federal investments in affordable housing at HUD by nearly 17% or $7.7 billion, compared to Fiscal Year (FY) 2017 which makes NJHillDay crucial this year.
The proposed cuts could mean more than 250,000 people could lose their housing vouchers. It would also impose punitive measures that would jeopardize family stability – increasing the financial burdens they face through higher rents and ending support to help cover the cost of basic utilities, like water and heat.
If enacted, Mr. Trump’s budget would exacerbate the growing affordable rental housing crisis in every state and community across the nation, and it would represent a clear departure from the belief that everyone deserves an affordable place to call home.
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Mr. Trump’s budget calls for:
Eliminating the national Housing Trust Fund, the first new housing resource in a generation and one that is exclusively targeted to help build and preserve housing affordable to people with the lowest incomes, including those experiencing homelessness.
The budget devastates resources needed to operate and maintain public housing that provides homes to millions of families and represents billions of dollars in critical local assets.
It would starve states and communities of the flexible, locally-driven resources used to address their most pressing housing and community development needs.
It cuts funding needed to keep low-income seniors, people with disabilities, people living with AIDS, and vulnerable individuals in safe, affordable homes, reduces funding to address serious health risks posed by lead-based paint, and even cuts resources used to address homelessness.
Although the President’s 2018 budget request provides more detail than the skinny budget released in March, it confirms what we already knew: this budget must be rejected by Congress.
The National Low Income Housing Coalition (NLIHC) will work with its allies in Congress and with residents, partners, stakeholders, and advocates across the country to ensure not only that this budget proposal is dead on arrival.
Congress should also lift the low spending caps required by the Budget Control Act of 2011 equally for defense and domestic programs and expands funding for critical affordable housing investments.
President Trump’s 2018 budget reflects a cruel indifference to the millions of low income people in the United States even beyond those in need of affordable housing.
Seniors, people with disabilities, families with children, veterans, along with other vulnerable people who are struggling to keep a roof over their heads will all be affected.
Mr. Trump’s budget would harm thousands of the lowest income families by taking away their housing assistance – a move that would lead to higher levels of homelessness and housing poverty – in a transparent effort to pay for tax cuts for the wealthy and billions of dollars in increased defense spending.
The proposed budget contradicts HUD Secretary Carson’s assurances that “nobody’s going to be thrown out on the street,” as he defended the proposal. This budget proposal is unconscionable and unacceptable.
The Trump budget will propose massive cuts, and we are hearing more about gravely troubling Congressional cuts and reconciliation instructions that are expected to affect Medicaid, Supplemental Nutritional Assistance Program (SNAP), Social Security Income (SSI) and/or other entitlements, as well as damaging cuts to nondefense discretionary (NDD) programs and massive tax cuts.
The President’s Fiscal Year 2018 budget proposal (which is expected on May 23) and the forthcoming House budget proposal (which is expected in early June) are both likely to include deep cuts to non-defense discretionary programs such as rental assistance and education programs, as well as deep cuts to mandatory programs targeted to low- and modest-income people, including the Supplemental Nutrition Assistance Program (SNAP), Medicaid, and Supplemental Security Income (SSI).