| Program | Funding Lost | Household Impact |
|---|---|---|
| Community Development Block Grant (CDBG) | $3,360,486 | - |
| HOME Investment Partnerships Program | $905,236 | - |
| Public Housing Operating Fund | $1,003,993 | 2,081 |
| Public Housing Capital Fund | $2,623,891 | - |
| TOTAL | $7,893,606 | 2,081 |
Funded at $1.9415 billion in FY17 and used to fund repairs at Public Housing properties, the Capital Fund could be cut by $1.3135 billion (67.65%), reducing funds available for repairs at all 1.2 million rental units.
Public Housing properties operated in Yonkers, New York qualified for $3,878,404 in capital repairs. A 68.4% reduction in the Public Housing Capital Fund would reduce repair funding by $2,623,891 and would slow down or halt repairs for about 2,079 families in Yonkers, New York.
Funded at $4.4 billion in FY17 and used to subsidize the rent of all 1.2 million families living in Public Housing, the Operating Fund could be cut by $500 million (11.3%).
In 2016, Public Housing properties located in Yonkers, New York qualified for $8,835,138 in operating subsidy. A 13.3% reduction in the Public Housing Operating Fund would reduce subsidies received in Yonkers, New York by $1,003,993 and would cut services to families living in Public Housing in Yonkers, New York and could take some units off line for lack of operational funding.
The White House budget proposes sweeping changes to the financial structure of housing subsidies. It proposes tenant contributions be increased from 30% of income to 35%, a minimum rent of $50 (up from $25) and eliminating utility reimbursements.
If these reforms were put into place, it is possible that no current housing assistance recipient would lose their home, but all households benefiting from the program would pay substantially more for housing.
In Yonkers, the average public housing tenant who now pays $445 toward rent would pay $519 under the Trump/Carson HUD budget. In addition, tenants would not receive reimbursement for tenant-paid utilities which could be as much or more than $86. This utility reimbursement prohibition alone would impact the poorest of the poor and have a catastrophic impact on their housing expenses.
As a result of the housing subsidy reforms proposed in the 2018 White House budget, the average public housing tenant recipient in Yonkers could pay as much as an additional $160 toward their housing costs. With an average monthly income of $1,649, that means the average family will be left with $1,043 per month to cover all non-housing living expenses.
Funded at $3.060 billion in FY17 and used for a variety of community development projects ranging from streetscape projects to Meals on Wheels programs, the CDBG program would be eliminated completely by the Trump/Carson Administration. From 1977 through 2014, the CDBG program has funded an estimated $0 (inflation adjusted) in community development projects in Yonkers, New York.
In 2018, Yonkers, New York stands to lose $3,360,486 per year in funding.
For examples on how the CDBG program impacts Yonkers, New York, view the table of CDBG activity.
Funded at $950 million in FY17 and used to fund many affordable housing related activities like homeownership and rental housing development, the HOME program would be eliminated completely by the Administration. Yonkers, New York would lose an estimated $905,236 per year in affordable housing funding.
For examples on how the HOME program impacts Yonkers, New York, view the table of HOME activity.
Estimates on this page are based on the FY 18 White House Budget and HUD data sets.
Direct sources and source changes are available on the FY 18 HUD Budget Cut Estimator Change Log, Sources, and Methodology page.
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