The DOGE Impact Tracker
The human toll of Trump-Musk's 'efficiency' initiative
Hundreds of Affordable Housing Projects Imperiled by HUD Cuts
The Trump administration’s decision to stall at least $60 million in funding for affordable housing developments across the country is hitting small community nonprofits that use the money as seed funding for projects.
According to The Associated Press:
Congress chose three nonprofits to distribute the grants, but HUD said in letters that it was cancelling contracts with two of the organizations, which together were to distribute the $60 million. That’s pushed millions in funding already promised to small nonprofits, or yet to be awarded, into the twilight zone.
“Many of those organizations have already committed funds to pay workers, such as HVAC [heating, ventilation and air condition] technicians, local contractors, homeownership counselors,” said Shaun Donovan, CEO of Enterprise Community Partners and former HUD secretary under President Barack Obama. Enterprise is one of the two groups whose contracts were cancelled…
The Local Initiatives Support Corporation is the other group whose contract was cancelled. “Without access to this seed capital, housing projects for hardworking families will stall, worsening shortages and pushing distressed neighbors into overcrowded conditions or homelessness,” it said in a statement.