March 9 Major Housing Cuts in President’s Budget Proposal President Trump’s FY 2018 HUD proposed budget reportedly contains some large cuts for public housing and other HUD programs. Yesterday, the Washington Postreported that a draft budget circulated between the Department and the Office of Management and Budget (the “passback”) includes recommendations to cut the Capital Fund by more than $1.5 billion in addition to $600 million in cuts in the Operating Fund.Read more
March 3 HUD Press Release: Dr. Ben Carson Sworn in as HUD Secretary Washington, DC, March 2 – Dr. Ben S. Carson, Sr. was sworn in today as the 17th Secretary of the U.S. Department of Housing and Urban Development (HUD). Vice President Mike Pence administered the oath of office with Secretary Carson’s wife Candy and granddaughter Tesora holding the bible. Secretary Carson will now lead a cabinet agency with approximately 8,000 employees and an annual budget totaling more than $40 billion.Read more
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