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Will HUD Remain Closed During the Shutdown?

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170 lawmakers’ letter wants HUD reopened during shutdown

WASHINGTON, D.C. – Jan. 18, 2019 – A total of 170 asked the Trump Administration in a letter to reopen the Department of Housing and Urban Development (HUD) during the shutdown.

The lawmakers made the request citing the shutdown's harm to the nation's affordable housing programs, and "the direct and immediate consequences of the shutdown on housing security for more than four million households across the country … Both the short-term operations and long-term viability of affordable housing programs are dependent on Housing and Urban Development's (HUD) rental assistance initiatives."

About 2.2 million low-income households are at risk of eviction, including housing for thousands of veterans, seniors and people living with disabilities. The shutdown ties up money for Section 8 housing properties that rely on HUD contracts that expired or will expire by the end of February.

The letter notes other problems associated with HUD's shutdown, which will "delay public housing authorities from receiving funding to help address pressing capital needs, such as fixing boilers and repairing leaking roofs," dwindling funds "for grants that support developmental projects and programs in local communities," and a lapse in funding for Federal Housing Authority (FHA) loans that delay processing.

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Information provided by Florida Realtors.  Click here to see the original article.

Reprinted with permission Florida Realtors. All rights reserved. 

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