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February 13, 2018

Trump’s proposed 2019 budget gives HUD funding a boost

President Donald Trump announced today his proposal for the fiscal year 2019 budget, which would allot for a slight bump in funding for theU.S. Department of Housing and Urban Development.

Originally, the administration released a budged that would cut the department’s funding to $39.2 billion, bringing the total cuts over the past two years to $8.8 billion or 18.3%. However, early Friday morning, Trumpsigned a massive spending bill that reopened the government from its second shutdown this year.

As a result of this budget deal, the administrationrevised its 2019 funding request, releasing the new HUD funding request for $41.24 billion Monday.

Read more here.

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