• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

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

by September 30, 2025
written by September 30, 2025

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
0 comment
0
FacebookTwitterPinterestEmail

previous post
Biden admin put some Americans who resisted mask mandates or were involved in Jan 6 on severe no-fly list: TSA
next post
US companies secure record $170B in global contracts under Trump so far, Commerce says

related articles

FCC announces ban on new Chinese-made drones over...

December 23, 2025

Pentagon taps Musk’s xAI to boost sensitive government...

December 23, 2025

DOJ appeals dismissal of James, Comey criminal cases...

December 23, 2025

China quietly loads 100+ ICBMs into new missile...

December 22, 2025

EXCLUSIVE: OIG report shows major turnaround in Social...

December 22, 2025

Anti-Trump ex-husband of president’s 2016 campaign manager launches...

December 22, 2025

Clinton camp demands DOJ drop remaining Epstein files,...

December 22, 2025

Turning Point poll reveals conservatives ‘all in’ for...

December 22, 2025

DAVID MARCUS: What JD Vance told me about...

December 22, 2025

‘No way’ Walz administration was unaware of Minnesota...

December 22, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Trump campaign slams Harris as ‘still a San Francisco radical’ after CNN interview

    August 30, 2024
  • Supreme Court likely to side with parents in letting them opt out of LGBTQ storybooks, expert says

    April 23, 2025
  • Maduro trapped with few retaliation options after Trump administration seizes Venezuelan oil tanker

    December 14, 2025
  • Key Senate chairman criticizes ‘anonymous sources with ulterior motives,’ stands by Hegseth nomination

    January 23, 2025
  • Sec Rubio says purge of USAID programs complete with 83% gone, remainder now falling under State Dept

    March 10, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024

Categories

  • Economy (829)
  • Editor's Pick (7,182)
  • Investing (715)
  • Stock (964)

Latest Posts

  • Here’s a closer look at Trump’s tariff plan: What to know about the new duties

    April 3, 2025
  • Incoming UK ambassador walks back comments on ‘danger’ of Trump: ‘Ill-judged and wrong’

    January 29, 2025
  • Newsom calls Trump’s claims ‘pure fiction’ after president-elect points finger over California fire tragedy

    January 9, 2025

Recent Posts

  • Russia interfering in 2024 election to help Trump, US intelligence officials say

    July 11, 2024
  • Reporters say they found Waltz, Gabbard, Hegseth private contact info online

    March 27, 2025
  • Trump budget bill standoff fuels tension in House GOP as leaders press forward

    February 11, 2025

Editor’s Pick

  • Trump pick for UN aviation office has long history donating to Dems, Nikki Haley

    August 28, 2025
  • AI cameras are giving DC’s air defense a major upgrade

    December 21, 2024
  • Bumble shares jump 26% as dating company plans to axe 30% of workforce

    June 26, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock