FOR IMMEDIATE RELEASE: Tuesday, May 23, 2017
CONTACT: Juliet Pierre-Antoine, 212-863-5682
Statement from New York City Department of Housing Preservation and Development
Commissioner Maria Torres-Springer on the President’s Budget
President Trump’s first executive budget threatens to erode what is left of our nation’s social safety net, proposing $6 billion in cuts to the Department of Housing and Urban Development (HUD). At a time when finding a stable, affordable home is increasingly a source of stress and anxiety for families across our nation, slashing HUD’s funding is shortsighted and irresponsible.
Housing is a bipartisan issue that transcends geography. Housing and community development programs like CDBG and HOME, which face total elimination under the President’s budget proposal, have real impacts on the lives of people from the Bronx, New York to Provo, Utah. In New York City, we use CDBG to ensure safe, decent standards of living, and HOME is one of the only remaining federal programs to help build new affordable housing and empower low-income families to make down payments on homes. And, more than 125,000 households in New York City depend on Section 8. These are mostly seniors, people with disabilities, and families with children who would be devastated by proposed changes to our rental assistance programs.
These programs represent a critical source of funding used by cities, states, and communities across the country to build critical infrastructure and create jobs. When people have access to a safe, decent home they can afford, they are healthier and their children do better in school. When workers can move to where they can be most productive, it spurs the economy. Funding for affordable housing and rental assistance is therefore not just an investment in families but also an investment in America’s future.
In New York City, the stakes couldn’t be higher. But every state is facing a shortage of affordable housing, which is why we are joining forces with cities and counties across our country -- in red states and blue states -- to send a message to Congress that housing matters. This is the fight of our time, and we will resist these cuts on behalf of every New Yorker and every American.
About the New York City Department of Housing Preservation and Development (HPD):
The New York City Department of Housing Preservation and Development (HPD) is the nation’s largest municipal housing preservation and development agency. Its mission is to promote quality housing and diverse, thriving neighborhoods for New Yorkers through loan and development programs for new affordable housing, preservation of the affordability of the existing housing stock, enforcement of housing quality standards, and educational programs for tenants and building owners. HPD is tasked with fulfilling Mayor de Blasio’s Housing New York: A Five-Borough Ten-Year Plan to create and preserve 200,000 affordable units for New Yorkers at the very lowest incomes to those in the middle class. For more information visit www.nyc.gov/hpd and for regular updates on HPD news and services, connect with us on Facebook, Twitter, and Instagram @NYCHousing.