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March 10, 2025

Affordable housing projects in limbo after contract cuts

  • The money is often used as seed funding for affordable housing projects.
    • By JESSE BEDAYN
    Associated Press/Report for America

    The Trump administration has stalled at least $60 million in funding intended largely for affordable housing developments nationwide, throwing hundreds of projects into a precarious limbo, according to information and documents obtained by The Associated Press

    The move is part of a flurry of funding freezes, staffing cuts and contract cancellations by the Trump administration at the U.S. Department of Housing and Urban Development, changes that have instilled widespread uncertainty in the affordable housing industry.


     
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