The Trump administration is planning to end a $1 billion Biden-era program designed to upgrade affordable housing structures with energy efficiency improvements.
The Associated Press reports that it obtained an internal document from the Department of Housing and Urban Development (HUD) outlining the plan to wind down the program. While HUD did not announce the program’s termination, the Associated Press claims two “HUD workers who have knowledge of the program” confirmed it was slated to be dropped.
The Green and Resilient Retrofit Program was passed by Congress in 2022 and provides grants and loans to owners of affordable housing in need of updating. Among the improvements financed by HUD are the replacement and repair of heating and cooling systems, leaky roofs, aging insulation or windows, and the undertaking of floodproofing.
The Associated Press claimed the document it obtained said the program was being “terminated” at the direction of the Department of Government Efficiency (DOGE). Approximately two dozen projects that secured funding approval will receive funding, while the status of the remaining projects seeking funds is unclear.
As a real estate agent for the past 45 years and living in the very red state of Utah with above average home prices, I have to say this news is extremely discussing. This HUD program has assisted thousands of home buyers, not only helping with the purchase, but offering programs to improve the overall condition of the property that was purchased.
I am a democrat through & through and am very sorry for the want to be home buyers and our local politicians that are in Trumps pocket.