Trump administration halts program for helping preserve affordable housing

Trump administration halts $1 billion program that keeps aging affordable housing livable The Associated Press has obtained a document showing that the Trump administration is halting a $1 billion program that helps preserve affordable housing. AP News

The Trump administration is halting a $1 billion program that helps preserve affordable housing, threatening projects that keep tens of thousands of units livable for low-income Americans, according to a document obtained by The Associated Press.

The action is part of a slew of cuts and funding freezes at the U.S. Department of Housing and Urban Development, largely at the direction of President Donald Trump and Elon Musk’s Department of Government Efficiency, that have rattled the affordable-housing industry.

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