How the Budget Proposal Impacts HUD

May 23, 2017 Seth Welborn

Several HUD programs are slated to be cut according to the recent budget proposal, including the Community Development Block Grant (CDBG) Program. According to HUD, the CDBG Program has not been effectively targeting the poorest communities and has not demonstrated a measurable impact on communities. Other programs are to be cut due as HUD states that State and local governments are better-positioned to serve their communities’ needs in place of these programs.

The post How the Budget Proposal Impacts HUD appeared first on theMReport.com.

Previous Article
Potential Home Sales Drop, but Demand Still Strong
Potential Home Sales Drop, but Demand Still Strong

Potential home sales fell by 0.2 percent to 5.69 million in April, according to a recent study. This repres...

Next Article
Bad News for Starter Home Hopefuls
Bad News for Starter Home Hopefuls

New residential sales statistics came out Tuesday from the U.S. Census Bureau and the U.S. Department of Ho...