09-03-2017 22:06 via rismedia.com

HUD Could Lose $6 Billion, Preliminary Trump Budget Reveals

The Trump Administration is considering cutting over $6 billion from the Department of Housing and Urban Development (HUD), lopping off 14 percent of its budget for fiscal year 2018, The Washington Post recently reported.
A preliminary document obtained by the publication reveals the Administration’s plan to cut $1.3 billion from the public housing capital fund and $600 million from the public housing operating fund. The plan also calls for ending funding for community development grants,
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