Trump Administration Ends $1 Billion Affordable Housing Program

The Green and Resilient Retrofit Program, which funded energy-efficient upgrades and preserved affordability for low-income housing, faces termination under directives from Elon Musk's Department of Government Efficiency.

The $1 billion Green and Resilient Retrofit Program, passed in 2022, provided grants and loans for energy-efficient upgrades while requiring affordability for up to 25 years.
The program has already funded upgrades for at least 25,000 affordable housing units, but hundreds of additional projects are now in jeopardy.
The decision to terminate the program stems from cuts and freezes at HUD directed by Elon Musk's Department of Government Efficiency (DOGE).
Housing advocates warn that the loss of funding could exacerbate the nation's affordable housing crisis, with many projects likely to fail or deteriorate.
Uncertainty around the program's future has left developers, property managers, and low-income residents scrambling for alternatives to maintain livable conditions.