Fact Sheet: Impact of the President’s 2020 Budget on HousingFederal Budget Housing & Homelessness
On March 11, President Trump presented his budget request for fiscal year 2020 (FY20) to Congress, outlining his spending priorities for the coming year.
The FY20 budget request calls for $4.7 trillion to fund government operations in the next fiscal year. This would set funding at $543 billion in non-defense discretionary spending, down from $597 billion in FY19. This includes slashing funding for the Department of Housing and Urban Development (HUD) by 18% percent. If implemented, the cuts proposed in this budget would be devastating to low-income families with children who are struggling to maintain stable housing and would result in an increase of child and youth homelessness in the U.S.
This fact sheet will look in greater detail at policy proposals in the budget that impact housing. With a few exceptions, the majority of the programs are not exclusively child-oriented, as most “children’s housing” programs deliver housing services to adults as well.