March 21, 2017

Speaking Up to Protect Critical Resources

Family in San Francisco

“Many HUD programs are already woefully underfunded, there is no fat left to trim.”
– Enterprise Community Partners President & CEO Terri Ludwig in The Huffington Post

“We don’t need an eviscerated HUD. What we need is a more invigorated one to address the current housing crisis.” 
− Pediatrician and Enterprise Trustee Megan Sandel in STAT

“Programs that help build homes, improve infrastructure, and create jobs, and private vital services in every state would scale back or be eliminated entirely.” 
− Enterprise VP & N.Y. Market Leader Judi Kende and New York City Councilman Ritchie Torres in Next City

Last week marked the start of a long and likely contentious federal budget process. But Enterprise and our stakeholders haven’t wasted a moment raising awareness and building a strong case for vital resources that transform communities and improve people’s lives.

The administration’s budget outline calls for cutting HUD funding by more than 13 percent. It also threatens successful programs at the U.S. Department of Agriculture and Treasury Department, where the Community Development Financial Institutions (CDFI) Fund would be decimated. The proposed cuts would eliminate the creation of over 580,000 affordable homes and 350,000 jobs over the next five years – and leave children and families cut off from opportunity and the chance to succeed.

While the threat is dire, our resolve is strong. We are committed to fighting for key programs and speaking in coalition with one powerful voice on behalf of families and communities.

Together with you, our partners, we will make our voices heard.

Posted in:
Opp360 logo

For full access to our tools and resources, please provide the information below.

We use this data to better understand our users; we do not sell or share this data. By providing this information, you can expect to receive newsletters and other updates from Opportunity360.