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Kirsten Gillibrand: “10% of all residential rental units are supported by HUD…”

Featuring: Kirsten Gillibrand, Democratic | U.S. Senate New York

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Kirsten Gillibrand and Chairwoman Hyde Smith Discuss Housing Affordability and HUD Budget Concerns

Published | Video Starts at 02:06

The 2026 budget request cuts rental and homelessness assistance by over $27 billion, sets time limits on assistance and kicks responsibility for vulnerable families to the states without any detail about how that transition is going to happen. 10% of all residential rental units are supported by HUD rental assistance. That's 5 million residential units that are worth an estimated of $900 billion. Over half a million of those units are in New York. (02:06–02:11)

CLAIM

Asserts that HUD rental assistance supports 10% of residential rental units.

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