Federal officials are eyeing major cuts to the Section 8 program that helps millions of low-income households pay rent.
The Trump administration is considering massive cuts to the Section 8 housing voucher program and other federal housing assistance programs, reports Jonathan Delozier for Housing Wire.
According to a New York Times report, the administration wants to replace existing aid programs with state-run housing grants. “Although the details remain vague, sources indicated the plan would likely result in fewer federal dollars for rental assistance, compounding expected reductions across the U.S. Department of Housing and Urban Development (HUD),” Delozier adds.
The cuts would impact over 2 million U.S. households who rely on housing assistance to pay their rent. “While the program is part of a $54 billion rental assistance framework, demand consistently exceeds funding, leaving long waitlists as rents continue to rise nationwide, the Times reported.”
On top of the administration’s efforts to end the program, a pandemic-era expansion is set to expire, leaving 32,000 people without aid.
FULL STORY: Trump administration eyes deep cuts to Section 8 housing vouchers
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