President Donald Trump announced today his proposal for the fiscal year 2019 budget, which would allot for a slight bump in funding for the U.S. Department of Housing and Urban Development.
The budget requests $41.24 billion for 2019, an increase of 1% from the $40.7 billion in 2017. Last year, the president cut the department’s budget by 13.2% or $6.2 billion.
Originally, the administration released a budget that would cut the department’s funding to $39.2 billion, bringing the total cuts over the past two years to $8.8 billion or 18.3%. However, early Friday morning, Trump signed a massive spending bill that reopened the government from its second shutdown this year.
As a result of this budget deal, the administration revised its 2019 funding request, releasing the new HUD funding request for $41.24 billion Monday.
Under the new proposal, the administration focuses on several key initiatives, including ending homelessness. The budget requests a record $2.4 billion to support thousands of local housing and service programs assisting those living in the nation’s sheltering system and on the streets. This is an increase of $133 million from Trump’s 2018 budget request.
“The budget lays out a vision for a government that is efficient, effective, and accountable,” HUD Secretary Ben Carson said. “It provides for a strong national defense, lays the groundwork for further economic growth and opportunity through reduced regulatory burdens and taxes, and recognizes the importance of aggressively addressing our nation’s fiscal challenges.”
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