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Tag Archives: budget

$42 Billion: HUD’s Budget for 2018

On Thursday, U.S. Department of Housing and Urban Development (HUD) Secretary Dr. Ben Carson testified before the Senate Banking Committee. "At HUD, we believe the requested level of funding–$42 ...

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Secretary Carson Kicks Off Homeownership Month with Forum

Dr. Ben Carson, Secretary of the Department of Housing and Urban Development, is gearing up for a big June. On the heels of a recent proclamation from President Trump, declaring the month “National Homeownership Month,” Dr. Carson hosted an academic forum at his agency earlier today. He’s also preparing to go before Congress next week to discuss Trump’s recent 2018 budget blueprint, which proposes a $6.2 billion cut from HUD’s funding.

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How the Budget Proposal Impacts HUD

Several HUD programs are slated to be cut according to the recent budget proposal, including the Community Development Block Grant (CDBG) Program. According to HUD, the CDBG Program has not been effectively targeting the poorest communities and has not demonstrated a measurable impact on communities. Other programs are to be cut due as HUD states that State and local governments are better-positioned to serve their communities’ needs in place of these programs.

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HUD Secretary Proposes Budget for 2016

Secretary Castro said combatting homelessness is a crucial component to the budget. According to Secretary Castro living in a safe, stable home is one of the biggest predictors of a child’s success in both school and overall health. He said that’s why the HUD budget is also “proposing funding that would effectively end chronic homelessness and make significant strides in our work to end homelessness among families and youth.”

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