New OMB and Center on Budget and Policy Priorities Numbers Show GOP’s Debt Ceiling Bill Would Have Devastating Impact on Public Housing

Date Published: 
May 25th, 2023

Amidst the looming threat of a debt default triggered by breaching the debt ceiling, the White House and the Center on Budget and Policy Priorities released new numbers that show the damage the GOP budget bill would inflict on public and affordable housing. The Center found that the Republican bill would hurt low-income families receiving federal housing assistance: In 2024 two million fewer people would receive rental assistance, 1.6 million public housing residents would be exposed to deteriorating and dangerous conditions, and 119,000 fewer people would receive fewer services through the homelessness assistance system. The Office of Management and Budget released facts sheets for every state and the District of Columbia that highlight how the cuts will severely limit the ability of PHAs to serve low-income families. At the national level a 30 percent cut would eliminate 800,000 vouchers that would include 250,000 households headed by seniors and as many as 65,000 veterans.

CLPHA is closely monitoring the debt ceiling negotiations and will update you on the implications that any eventual agreement will have on public housing. 

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