Real Estate - HUD New Policy Boston Condos For Sale Ford Realty
Briefly

The Trump administration's 2026 budget proposal includes significant cuts to non-defense spending, specifically a $33.6 billion reduction in the Department of Housing and Urban Development (HUD). With this plan, $26.7 million will be cut from the State Rental Assistance Block grant, which supports various housing assistance programs, including those for the elderly and people with disabilities. While some believe that government waste needs addressing, there are concerns that these cuts could adversely affect vulnerable populations who rely on such assistance.
The lion's share of the HUD budget reduction, amounting to $26.7 million, will come from the State Rental Assistance Block grant, which provides tenant-based rental assistance, public housing, and housing for the elderly and people with disabilities.
President Donald Trump's administration unveiled its 2026 budget proposal, calling for $163 billion in sweeping cuts to non defense government spending, including multiple federal housing assistance programs affecting homeowners and renters alike.
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