Last week President Trump’s administration released a FY2018 budget blueprint that slashes federal funding. This budget will eradicate the funding programs that our members rely on to build housing with lasting affordability in their communities – including the Community Development Block Grant (CDBG) program, the HOME Investment Partnership program, and the Self-Help Homeownership Opportunity Program (SHOP). The Administration’s proposed cuts would reduce the HUD budget by over 13%, but the vast majority of the reduction is from the very small portion of the HUD budget that does not support ongoing rental assistance, so the real impact will be devastating.
The National Community Land Trust Network and Cornerstone Partnership are excited to share that we have joined forces to form Grounded Solutions Network. By Combining our staffs, membership and resources, we are better prepared to work with our members, funders and partners to build and preserve communities where everyone can live.