A proposed federal funding freeze by Donald Trump caused confusion, delaying Section 8 housing voucher payments for New York City landlords. Property owners reported not receiving expected funds, which are backed by $2 billion annually from the federal Department of Housing and Urban Development. The freeze proposal, which was rescinded after causing confusion, wouldn’t have impacted Section 8 payments, but the delay caused landlords to worry about cash flow. Some landlords considered renting to tenants without vouchers due to uncertainty, and experts warned that funding delays could have long-term consequences for affordable housing in the city.
New York City landlords
