City housing agency banking on shaky federal funds

The city’s housing agency has found itself in quite a predicament by banking on federal funds that it’s in danger of losing. The Department of Housing Preservation and Development has said it expects to save $3.7 million through 2021 thanks to community development block grants from the federal government. But that’s the same pot of money that’s in danger of being cut by President Trump. “There are proposed huge cuts to the Department of Housing […] Read More >> https://therealdeal.com/2017/05/11/city-housing-agency-banking-on-shaky-federal-funds/

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