Real Estate & Home

NAR Sounds Alarm Over Proposed Federal Housing Program Cuts

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President Donald Trump’s proposed federal budget for fiscal year 2027 includes a significant reduction in funding for the U.S. Department of Housing and Urban Development, which could severely impact housing programs that promote homeownership and address local housing needs. This development is crucial as it may hinder efforts to enhance housing affordability and support real estate transactions, affecting both developers and tech professionals involved in the home market.

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