City housing agency banking on shaky federal funds Nearly $4M in limbo as White House weighs housing cuts

Bill de Blasio and Maria Torres-Springer (Credit: Getty Images and Twitter)

The city’s housing agency has found itself in quite a predicament by banking on federal funds that it’s in danger of losing.

The Department上海千花网交友

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of Housing Preservation and Development has said it expects to save $3.7 million through 2021 thanks to community development block grants from the federal government. But that’s the same pot of money that s in danger of being cut by President Trump.

There are proposed huge cuts to the Department of Housing and Urban Development. That absolute elimination of the community develo新上海贵族宝贝论坛

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pment block grant program would mean a lot of things, It would mean less money for senior citizens, less money for senior centers, cuts to home repair for seniors,” Mayor Bill de Blasio said at a City Hall press conference, Politico reported. Without the grants, the mayor said t上海贵族宝贝论坛

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he city won’t be able to protect tenants who lose heat or hot water上海夜网论坛

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or need other emergency repairs.

In March, Trump proposed cutting the federal housing agency’s budget by $6.2 billion and eliminating community上海贵族宝贝交流区

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block grants entirely.

NYC housing commissioner Maria Torres-Springer said 86 percent of her budget comes from federal funds. The agency can save $1.3 million during the rest of this fiscal year, and $1.6 million each fiscal year through 2021. [Politico] E.B. Solomont

Tags: department of housing preservation and development, Politics, U.S. Department of Housing and Urban Development
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