Rep. Joe Morelle Criticizes FY2026 THUD Bill for Cutting Affordable Housing and Undermining Working Families
Forbes Breaking NewsAugust 7, 20251 min1,844 views
6 connectionsΒ·7 entities in this videoβCuts to Affordable Housing Programs
- π― The FY 2026 THUD Bill is criticized for eliminating the only federal program dedicated to building affordable housing.
- π The bill also cuts housing counseling services that assist first-time homebuyers and help build multigenerational wealth.
- β οΈ Funding is inexplicably removed from eviction prevention services, despite rising homelessness and housing instability.
Impact on Working Families
- π The bill is seen as pulling resources away from working-class individuals, further consolidating wealth among the wealthiest Americans.
- π Rising costs of living, unaffordable rent, and the diminishing dream of homeownership are highlighted as critical issues for working families.
- π« Instead of investing in homes, transit, and opportunity, the bill takes away from those trying to stay afloat.
The American Dream and Government's Role
- β¨ The core argument is that everyone deserves a fair shot at the American dream, including a safe place to live and the dignity of stability.
- βοΈ This promise is grounded in ideals of fairness, opportunity, and a government that serves all citizens, not just the wealthy few.
- β Rep. Morelle pledges to continue fighting for a budget that reflects this promise and works for all American families.
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Transcript8 segments
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Whatβs Discussed
FY 2026 THUD BillAffordable HousingHousing AffordabilityHousing CounselingFirst-Time Home BuyersMultigenerational WealthEviction PreventionHomelessnessHousing InstabilityWorking FamiliesCost of LivingAmerican DreamFederal ProgramsBudget
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