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Tariff whiplash and HUD cuts could cripple affordable housing development

  • Trump's tariffs and HUD cuts have jeopardized affordable housing developments.
  • Rising labor and material costs, plus tariff uncertainty, strained project budgets.
  • Developers face challenges including construction costs and insurance expenses.
  • Martinez stated, "There are very little margins to make these deals pencil."
  • Housing projects face delays, potentially disrupting 44,000 planned California units.
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Bias Distribution

  • 86% of the sources are Center
86% Center
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KEYT broke the news in on Saturday, April 5, 2025.
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