Affordable housing threatened while Trump stops a $ 1 billion program to extend the lifespan of aging buildings

The Trump administration interrupts a $ 1 billion program that helps preserve affordable housing, threatening projects that keep tens of thousands of habitable units for low -income Americans, according to a document obtained by the Associated Press.

The action is part of Aslew of Cutsandfunding Freezèsat The American Department of Housing and Urban Development, largely in the direction of the Ministry of Effectiveness of the Government of President Donald Trompand Elon Musk, who shaken the affordable housing industry.

Read more: In Doge, we trust: House Gop kisses Trump's efforts and musks to cut the government

The preservation of these units is less attention than ribbon cuts, but it is a centerpiece of efforts to fight against the nation's housing crisis. Hundreds of thousands of low -cost apartments, many of which were aging and need urgent repair, are likely to be removed from the poor Americans.

The program has already assigned money to projects that would upgrade at least 25,000 affordable units across the country, and the details of how they will be rolled up.

A HUD spokesperson did not respond to repeated comment requests. But an internal document examined by the AP said that the program was terminated with Doge's management. Two employees of HUD, who were aware of the program and spoke at the front of anonymity for fear of reprisals, confirmed that the directive closed it.

At first glance, the green and resilient modernization program of more than a billion dollars, adopted by the congress in 2022, is intended for improvements in energy efficiency. It is distributed in subsidies and loans to affordable housing owners who need update, including replacing or repairing heating and cooling systems, fleeing roofs, aging insulation or windows, or entering a flood test.

But money plays a much more important role in preserving affordable units.

The projects that use funds are necessary to keep their buildings affordable up to 25 years. Money is also used to attract other investments for repairs and major renovations necessary to maintain living buildings.

It is like building an JENGA tower, where one of the program subsidies or loans that vary from hundreds of thousands to millions of dollars is a lower block and each new block is another investment, said housing defenders.

This money was essential for the project to meet, said Mike Essesian, vice-president of American Community Developers, Inc., who received funding for several affordable housing projects. The projects will fail and these are projects that are already difficult to finance.

The news was a shock for Al Hase and Joan Starr, tenants in a building in Vancouver, Washington, many other low -income elderly people with little or no other options, most of which live with less than $ 33,000 per year.

The Smith Tower apartments of 170 units, built in the 1960s, need updates, including its first system of strawberries. The $ 10 million scholarship was a financial kick -off for its nearly $ 100 million project and is cited in requests for other investments.

The potential loss seriously compromises our ability to be able to provide an upgrade of current systems, said Greg Franks, president of the property management company, adding that work is “necessary to maintain the permit of this building according to its age and to keep it viable for another 60 years.

We depend on these $ 10 million, he said.

The same goes for Hase and Starr, a retired couple in the 1970s who have lived there for 16 years.

They fill their balcony with geraniums and petunias, count the eagles in a nearby park and live with meager income from social security. They learned the potential funding of financing in a letter from the management company of the apartment.

Watch: How Social Security Cups could put millions of older Americans in danger

It's a bit terrifying, it's almost like getting news from a doctor that something will take your life in six months or a year, Hase at the AP said during a phone call.

We are from an era when wages were not there, so our social security … he said, stopping. SUCKS, launched in Starr.

If I was born a rich man, he said. Starr added: were just ordinary people.

And we are the luckiest because we have two social titles to come, ”she said.

But being lucky does not count much on the rental market today. Prices continue to increase, I looked at and there is no way, ”she said.

This is the difference between living and not being able to live, ”he said.

HUDS lacks communication on the programs that future organizations have sent organizations looking for emergency plans, although around two dozen projects are still obtaining funding, HUD employee said. The others are in limbo.

Each day of financing uncertainty increases the chances that transactions will disintegrate, said Linda Couch, lead vice-president of Leadingation, a group whose members obtained more than $ 150 million.

As for Smith Tower, if the money does not arrive, we will certainly seek other funding to fill this gap, said Travis Phillips of the Housing Development Center. The reality is that it will take time and inevitably make the project more expensive.

It is the position several hundred other projects are now found.

In all honesty, said Michelle Arevalos, administrator of Smith Towers, if this building was not there, many of our people would probably be homeless.

Bedayn is a member of the body for the Associated Press / Report for America Statehouse News Initiative. Report for America is a non-profit national services program that places journalists from local editorial rooms to account for undercurrent issues.

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