Trump cuts to HUD rental assistance would affect millennial, urban and black renters most

  • Millennials (people under 35) represent 48 percent of the population but 60 percent of rental assistance recipients.
  • Black Americans represent 13 percent of the U.S. population and about 41 percent of rental assistance recipients.
  • "Central city" residents represent about 28 percent of the U.S. population but comprise 44 percent of rental recipients.
  • Whether the number of available rental vouchers will increase, remain stable or decrease will largely depend on how local housing authorities decide to absorb the cuts.

Let's make 2018 your breakout year!
Join real estate's best to unlock growth at Connect SF, July 17-20, 2018

In order to pay for a 50-percent increase to the nation’s defense budget, the Trump administration this week proposed to cut funds from a number of other government areas — including $6.2 billion, or 13 percent, from the Department of Housing and Urban Development.