White House Proposes to Slash HUD Programs
“The best thing one can say about this budget is that it is dead on arrival,” says David M. Dworkin, president and CEO of the National Housing Conference, a nonpartisan affordable housing advocacy organization. “This budget is bad policy and bad politics. It undermines years of public-private investments in housing and community development that have had broad bipartisan support, like the CDFI Fund and block grant funding for neighborhood redevelopment. It even cuts the Capital Magnet Fund and National Housing Trust Fund, which aren’t even paid for by taxpayers.”