• 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

Trump doubles down on voiding Biden autopen actions,...

December 3, 2025

Hegseth erupts over WaPo ‘fake stories’, vows to...

December 3, 2025

GOP fractures over Hegseth’s ‘double-tap’ Caribbean strike as...

December 2, 2025

Trump lays out where he stands with Elon...

December 2, 2025

Hegseth erupts over WaPo ‘fake stories’ smear, vows...

December 2, 2025

Taxpayers on the hook for lawn care, fixing...

December 2, 2025

Experts dispute Nigerian government’s claims amid congressional probe...

December 2, 2025

Putin warns Russia ‘ready’ if Europe ‘suddenly wants...

December 2, 2025

Rosie O’Donnell says daughter blames Trump for forcing...

December 2, 2025

Johnson points to Obama-era drone precedent as Congress...

December 2, 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 honors Charlie Kirk’s legacy and describes him as a ‘martyr for American freedom’

    September 22, 2025
  • Conservatives rally around Trump after meeting with Zelenskyy goes off the rails: ‘Absolute dumba–‘

    February 28, 2025
  • Statute of limitations for pandemic unemployment fraud expires; bipartisan coalition seeks extension

    March 28, 2025
  • Key GOP senator defects on crucial vote, imperiling Trump’s ‘big, beautiful bill’ in narrow majority

    June 28, 2025
  • Children take over White House briefing room with questions about Trump’s favorite ice cream, superpower

    May 20, 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

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

    July 19, 2024
  • 3

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

    April 2, 2025
  • 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 (6,937)
  • Investing (634)
  • Stock (958)

Latest Posts

  • Former VP Kamala Harris advocates for lowering the voting age

    October 31, 2025
  • Expert reveals massive levels of waste DOGE can slash from entitlements, pet projects: ‘A lot of fat’

    February 14, 2025
  • Trump heads to Scotland, continues ironing out trade deals after notching six months back in office

    July 21, 2025

Recent Posts

  • Rand Paul endorses Trump 3 months after Election Day, admits ‘I was wrong’

    February 20, 2025
  • After GOP snub, pro-life advocates re-energized by Kamala Harris, who they can label ‘extremist’

    July 23, 2024
  • What Trump and an LA dive bar share is what Kamala Harris desperately needs

    August 3, 2024

Editor’s Pick

  • Tim Walz’s daughter ditches grad school, refuses to attend institution that doesn’t support ‘right to protest’

    March 31, 2025
  • Iran smuggled $1B to Hezbollah this year despite US sanctions, Treasury official says

    November 9, 2025
  • Judge blocks Trump admin from targeting Democratic law firm after attorneys warn of firm’s demise

    March 12, 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