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Press Releases from 2018

White House rescissions package puts critical housing, community development programs at risk

The Office of Management and Budget has requested $15.4 billion in cuts from resources already allocated to federal agencies in a rescissions package sent to Congress today. Included in the request is a cut of over $257 million in housing and community development funds, including HUD’s Public Housing Capital Fund, Treasury’s Community Development Financial Institutions and Capital Magnet Funds, and USDA’s Rental Assistance and Community Facilities programs.

National Housing Conference sign-on letter to Senate leadership supports confirmation of Brian Montgomery for FHA commissioner

The National Housing Conference (NHC) sent a letter signed by 44 organizations Friday to Senate Majority Leader Mitch McConnell (R-Ky.) and Senate Minority Leader Charles E. Schumer (D-N.Y.)  expressing enthusiastic support for confirmation of Brian D. Montgomery as Department of Housing and Urban Development’s (HUD) assistant secretary for housing and Federal Housing Administration (FHA) commissioner.

Trump Administration’s Proposed Budget, Infrastructure Plans Continue Attack on the American Home

The Trump administration released a budget proposal for FY 2019 that cuts more than $8 billion from programs that invest in the American Home, while doing nothing to address historic increases in the national debt, already more than $20 trillion. If enacted by Congress, these cuts would harm millions of American renters and homeowners while undercutting years of successful redevelopment of American communities of all sizes.

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