Trump rescinds freeze on federal grants, foreign aid
Briefly

The Trump administration has rescinded a recent memo imposing a freeze on federal grants and foreign aid, following a temporary hold placed by a federal judge amid a lawsuit by nonprofits. This swift reversal signals an end to turmoil surrounding the funding freeze. However, a separate memo remains in effect, directing federal agencies to evaluate 100 HUD programs by February, including key housing assistance initiatives. This move indicates a focused scrutiny on federal funding allocations while leaving out significant initiatives like the Low Income Housing Tax Credit.
The new memo rescinding the funding freeze signals a drastic shift in the administration's approach to federal grants, impacting vital housing and assistance programs.
The funding review will cover 100 HUD programs, including rental assistance, highlighting the administration's scrutiny of federal resource allocation and housing aid.
Read at www.housingwire.com
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