Trade Haven Hub - Investing and Stock News
  • Investment Tips
  • Trade Tips
  • Crypto News
  • Economy News
  • Stock Market
  • Investment Tips
  • Trade Tips
  • Crypto News
  • Economy News
  • Stock Market
No Result
View All Result
Trade Haven Hub - Investing and Stock News
No Result
View All Result
Home Economy News

Trump admin targets $3.3B homeless housing program, 170,000 people could face return to streets: report

admin by admin
September 30, 2025
in Economy News
0
Trump admin targets $3.3B homeless housing program, 170,000 people could face return to streets: report
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

The Trump administration is looking to cut funding for a program that provides permanent housing to the homeless, a move that may leave those the program aims to help back on the streets, according to a report.

More than 170,000 people could be at risk of experiencing homelessness when more than half the funding for the Department of Housing and Urban Development’s (HUD) permanent housing program is cut, Politico reported on Monday, citing three HUD employees, internal HUD documents and a person with knowledge of the Continuum of Care (CoC) program.

The cut funds will be moved to transitional housing assistance with some work or service requirements, according to the internal documents and those with knowledge of the situation. The cuts could have a greater impact on rural areas that have less access to city and state funds to supplement federal dollars, the people told the outlet.

‘When the subsidy and the support that goes along with those subsidies is removed, it puts people at grave risk,’ said the person with inside knowledge of the CoC program. ‘And most of these folks without these supports will likely end up back in emergency shelters or back on our nation’s streets.’

HUD Secretary Scott Turner wrote in a  Fox News Digital opinion piecei earlier this month about a ‘paradigm shift’ in the department’s approach to homelessness and housing.

‘But our goal is to let HUD use real, proven effective strategies, and there is no evidence that giving free apartments to the homeless without preconditions or participation requirements – like job training or treatment – leads to good outcomes,’ Turner wrote. 

‘There is evidence, however, that countless lives have been lost to overdoses in HUD-funded housing because of this failed ideology,’ the secretary continued.

Turner wrote that HUD wants to continue to help support work that aims to aid those experiencing homelessness and battling addiction to recover and become self-sufficient.

Permanent housing funding for 2026 is currently $3.3 billion and could be cut in half to $1.1 billion through the Trump administration’s effort, according to Politico. 

This post appeared first on FOX NEWS
Previous Post

Little Pepe (LILPEPE) Price Prediction: Can This Ethereum Meme Coin 100x Before the Next Bull Run?

Next Post

Biden admin put some Americans who resisted mask mandates or were involved in Jan 6 on severe no-fly list: TSA

Next Post
Biden admin put some Americans who resisted mask mandates or were involved in Jan 6 on severe no-fly list: TSA

Biden admin put some Americans who resisted mask mandates or were involved in Jan 6 on severe no-fly list: TSA

  • Trending
  • Comments
  • Latest
Buy Bitcoin Under $100K Before The Next Bull Run

Buy Bitcoin Under $100K Before The Next Bull Run

April 22, 2025
Ben & Jerry’s co-founder resigns, claiming parent company Unilever ‘silenced’ its campaigning

Ben & Jerry’s co-founder resigns, claiming parent company Unilever ‘silenced’ its campaigning

September 18, 2025
Cruz clashes with Nigeria over his claims 50,000 Christians killed since 2009 in religious violence

Cruz clashes with Nigeria over his claims 50,000 Christians killed since 2009 in religious violence

October 7, 2025
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

March 20, 2025
21Shares Seeks SEC Approval for Hyperliquid ETF Amid Rising Altcoin Interest

21Shares Seeks SEC Approval for Hyperliquid ETF Amid Rising Altcoin Interest

0
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

0
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

0
Air Direct Capture – Reducing CO2 from the Atmosphere

Air Direct Capture – Reducing CO2 from the Atmosphere

0
21Shares Seeks SEC Approval for Hyperliquid ETF Amid Rising Altcoin Interest

21Shares Seeks SEC Approval for Hyperliquid ETF Amid Rising Altcoin Interest

October 30, 2025
Apex Resources: Strategic Critical Minerals Assets in North America Focused on Tungsten and Lithium

Apex Resources: Strategic Critical Minerals Assets in North America Focused on Tungsten and Lithium

October 30, 2025
Copper Quest To Acquire 100% Interest in the Kitimat Copper-Gold Project

Copper Quest To Acquire 100% Interest in the Kitimat Copper-Gold Project

October 30, 2025
Coinbase Dismisses Concerns That Stablecoins Threaten US Bank Deposits

Coinbase Dismisses Concerns That Stablecoins Threaten US Bank Deposits

October 30, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent News

    21Shares Seeks SEC Approval for Hyperliquid ETF Amid Rising Altcoin Interest

    21Shares Seeks SEC Approval for Hyperliquid ETF Amid Rising Altcoin Interest

    October 30, 2025
    Apex Resources: Strategic Critical Minerals Assets in North America Focused on Tungsten and Lithium

    Apex Resources: Strategic Critical Minerals Assets in North America Focused on Tungsten and Lithium

    October 30, 2025
    Copper Quest To Acquire 100% Interest in the Kitimat Copper-Gold Project

    Copper Quest To Acquire 100% Interest in the Kitimat Copper-Gold Project

    October 30, 2025
    Coinbase Dismisses Concerns That Stablecoins Threaten US Bank Deposits

    Coinbase Dismisses Concerns That Stablecoins Threaten US Bank Deposits

    October 30, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 tradehavenhub.com | All Rights Reserved

    No Result
    View All Result
    • Investment Tips
    • Trade Tips
    • Crypto News
    • Economy News
    • Stock Market

    Copyright © 2025 tradehavenhub.com | All Rights Reserved