Thursday, July 13, 2017

Waters Calls for Investment in Housing for Seniors

July 10, 2017                                 By: Respa News

At the Save HUD 202 Rally, Rep. Maxine Waters (D-Calif.), ranking member of the House Financial Services Committee, said President Donald Trump’s budget proposal would slash essential housing programs for the elderly through the Department of Housing and Urban Development.

According to her prepared remarks, Trump’s budget proposal would:
  • Cut nearly $2 billion in funding for public housing
  • Cut nearly $1 billion in funding for Section 8 housing choice vouchers
  • Eliminate the Choice Neighborhoods Initiative
  • Eliminate the Community Development Block Grant program
  • Eliminate the HOME Investment Partnerships program
  • Underfund Section 202 and Section 8 Project-Based Rental Assistance

Waters added that the budget contained no new funding to create new housing for seniors..............Read More

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