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Harvey and Irma's Effects on Affordable Housing

The recent devastating events of Harvey and Irma and their extensive coverage in the news is overwhelming and weighing heavily on my mind.   As housing professionals, we can recognize that the pre-existing deficit of affordable housing in this country just got further compromised by these massive storms. A housing crisis which could have been worsened by a government shutdown in October, a viable threat just three weeks ago. Fortunately, that has been averted with President Trump signing a $15 billion disaster relief package into law last Friday. I applaud the $7.4 billion in community development block grants (CDBG).  However, I find great irony in the fact it took the wrath of Mother Nature to demonstrate to the Administration the importance of HUD.  I hope that President Trump and the voters in the states most heavily impacted by these recent storms don’t forget the importance of housing programs come December, when we need a more permanent budget resolution.

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