A court injunction has blocked federal agencies from freezing funds allocated under the Inflation Reduction Act and the Infrastructure Investment and Jobs Act due to a day one executive order by Donald Trump. This decision allows federal funding to continue for projects aiding affordable housing and property preservation. LeadingAge emphasized the importance of this decision, advocating for the resumption of funding that benefits numerous organizations. The Biden administration announced the final round of grant funding, highlighting the program's significant impact on retrofitting housing units nationwide amidst increasing natural disasters.
More broadly, the injunction impacts freezes handed down to several federal agencies over funding put in place by the Inflation Reduction Act and the Infrastructure Investment and Jobs Act.
Agencies do not have unlimited authority to further a president's agenda, nor do they have unfettered power to hamstring in perpetuity two statutes passed by Congress during the previous administration, McElroy said in her ruling.
The program has funded retrofitting projects for nearly 25,000 housing units across the country, playing a critical role in property preservation and resiliency.
LeadingAge pursued an advocacy campaign with HUD, congressional offices and media organizations to have the funding resumed, impacting as many as 50 affiliate organizations.
#federal-funding #inflation-reduction-act #infrastructure-investment #court-ruling #affordable-housing
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