HUD Budget Cuts Put Over 3700 NJ Jobs at Risk 3/17/2017 Following the official release of President Trump’s proposed Fiscal Year (FY) 2018 budget for the Department of Housing and Urban Development (HUD), the National Low Income Housing Coalition issued an analysis of the economic impact on each state. What they found was that the proposed budget cuts would lead to 123,786 fewer jobs supported through HUD investments, 3,768 of which would be lost in New Jersey. On the economic impact, President and Chief Executive Officer of the Housing and Community Development Network of New Jersey Staci Berger issued the following statement: "We live in one of the wealthiest countries in the world but still millions of Americans struggle to make ends meet. The president’s budget is dangerous and out of touch with reality. Congress must reject the HUD cuts or risk an economic meltdown. Housing advocates from New Jersey will be in Washington, DC on April 4 as part of the National Low Income Housing Coalition’s Annual Lobby Day. The Network and its members and partners are scheduled to meet with New Jersey’s Congressional delegation to discuss the economic impact of the Trump budget cuts. Learn more about the NLIHC budget analysis at www.nlihc.org. About the Housing and Community Development Network of NJ For more information: Nina Arce |