HUD Secretary Carson Promises Funding for Housing in Infrastructure Bill

HUD Secretary Carson Promises Funding for Housing in Infrastructure Bill

HUD Secretary Carson Promises Funding for Housing in Infrastructure Bill

Housing and Urban Development’s (HUD) Ben Carson Monday promised funding for low-income housing.

Addressing the National Low Income Housing Coalition Conference, Dr. Carson assured the gathering that “no one is going to be thrown out on the street.”

“The part that people are not hearing even though I’ve said it several times is that this administration considers housing a significant part of infrastructure in our country,” Secretary Carson said. “And as such, the infrastructure bill that’s being worked on has a significant inclusion of housing in it.”

“There is no one — Section 811, 202 — no one is going to be thrown out on the street,” Dr. Carson declared. “What would that accomplish? That doesn’t make any sense and is certainly not going to happen while I’m around. We do have a responsibility.”

Section 811, housing for people with disabilities, would be cut by 20%, and 202, housing for the elderly, cut by 10% under the new White House budget.

Dr. Carson has said those cuts were preliminary, “Starting numbers are rarely final numbers.”

Stay tuned…

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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