President Trump's budget proposal for fiscal year 2026 aims to significantly cut funding for housing programs, including a 43% reduction in rental assistance. Alongside this, the proposal plans to impose a two-year limit on federal support for able-bodied adults and eliminate the Housing Choice Voucher Program. In New York City, these cuts could displace over 300,000 residents, raising alarms among housing advocates, including Win's CEO Christine Quinn, who warns of an impending increase in homelessness and strain on community resources.
Make no mistake, if Donald Trump's federal housing proposal becomes a reality, we will see massive spikes in homelessness nationwide that will overwhelm shelter systems and destabilize our communities.
The proposed time cap could displace more than 300,000 NYC residents, Rep. Ritchie Torres (D-The Bronx) told THE CITY last week.
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