The Daily Dirt: Congress mulls housing cuts
Briefly

Congress is preparing to mark up the fiscal year 2026 spending plan for HUD, with a proposed budget of $67.8 billion in discretionary funds, a decrease from fiscal year 2025. This plan entails a 26 percent reduction in HUD's workforce, estimated to save $334 million. The budget eliminates funding for the HOME Investment Partnerships Program and includes substantial cuts to Section 8 housing vouchers, potentially affecting 415,000 households and making housing less accessible. There are also concerns regarding expanded authority for the HUD secretary to impose new requirements for rental assistance.
The House Committee on Appropriations will markup the fiscal year 2026 spending plan for the Department of Housing and Urban Development, with discretionary funds totaling $67.8 billion.
The bill calls for a 26 percent cut to HUD's staff, estimating a savings of $334 million in salaries and expenses, leading to concerns from Democrats.
House Democrats argue that the measure threatens 415,000 households by cutting Section 8 housing vouchers, pushing them towards eviction or losing HUD assistance.
The New York Housing Conference urged the Congressional Delegation to fully fund federal housing programs, warning of the severe consequences of drastic budget cuts.
Read at therealdeal.com
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