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Reading: A $400 million ballroom was only the start. Now, Trump plans to spend $174 million extra on renovations | Fortune
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Asolica > Blog > Business > A $400 million ballroom was only the start. Now, Trump plans to spend $174 million extra on renovations | Fortune
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A $400 million ballroom was only the start. Now, Trump plans to spend $174 million extra on renovations | Fortune

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Last updated: April 7, 2026 12:30 am
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5 hours ago
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A 0 million ballroom was only the start. Now, Trump plans to spend 4 million extra on renovations | Fortune
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Final October, the scene of demolition crews utilizing a backhoe to tear down the East Wing of the White Home was so dramatic that it grew to become an impromptu vacationer attraction. President Donald Trump, who considers himself to be “builder-in-chief,” isn’t finished but. 

The White Home will spend $377 million for renovations and repairs for the presidential residence this 12 months, in line with the president’s price range launched on Friday. And that’s not even all of it—it’s estimating one other $174 million for fiscal 12 months 2027. This might be an 866% enhance from the estimated $39 million spent on White Home repairs throughout fiscal 12 months 2025. 

The cash principally comes from donors, an Workplace of Administration and Funds official informed Fortune. 

In October, the White Home launched a listing of 37 donors who’re funding the East Wing renovations, together with Massive Tech firms corresponding to Meta Platforms, Apple, Google, and Amazon. There have been additionally numerous particular person or household donors, together with the Adelson Household Basis, Secretary of Commerce Howard Lutnick’s household, Blackstone CEO Stephen A. Schwarzman, and cryptocurrency billionaires Cameron and Tyler Winklevoss. 

The price range doesn’t specify what initiatives the funding will go towards, however an Workplace of Administration and Funds official informed Fortune that the cash will cowl all restore, renovation, development, and safety prices. These figures symbolize cash already within the authorities accounts, not a request from Congress for extra funding, the official stated—an essential distinction as many different components of this price range, such because the record-breaking ask of $1.5 trillion in army spending for subsequent 12 months, are new requests for Congress to approve.

In a January submitting as a part of a lawsuit towards the Nationwide Park Service introduced by the Nationwide Belief for Historic Preservation, White Home Administration and Administration Director Joshua Fischer wrote that there are plans to repair water infiltration, replace outdated electrical infrastructure, adjust to the People with Disabilities Act, and take away asbestos and lead-based paint. “Donated funds received by NPS pursuant to NPS’s gift authority are being transferred to the White House Repair and Restoration Account pursuant to the Economy Act,” Fischer wrote within the submitting, “to fund this project and supplement the Executive Mansion’s annual allowance appropriated,” which is $2 million for fiscal 12 months 2026, and $6 million in 2027.

Final 12 months, Trump changed the Rose Backyard garden—an area that has been used for many years for invoice signings, press conferences, and formal dinners—with a stone patio for occasions. He dubbed the renovated area the “Rose Garden Club,” an area “for senators, for congresspeople and for people in Washington, and frankly, people that can bring peace and success to our country,” Trump stated at an occasion in September. 

He had additionally deliberate to host tech executives within the area in September, lots of whom run firms that later donated to the ballroom undertaking, however the occasion was moved inside as a result of climate.  

Some $350 million of the estimated $377 million is taken into account obligatory spending, a designation used for applications Congress funds by statute, corresponding to Medicare and Social Safety, somewhat than yearly appropriation. The personal, tax-deductible donations had been positioned within the Nationwide Park Service present account, which is a compulsory account, in line with the OMB official, and never topic to yearly congressional appropriations. 

The ballroom is essentially the most outstanding undertaking that has been introduced. Trump repeatedly stated that taxpayers won’t foot the $400 million invoice for the 90,000-square-foot ballroom renovation. When the plan for the ballroom was introduced in July, the president stated it could price half the worth. 

“I am honored to be the first President to finally get this much-needed project, which is on time and under budget, underway,” Trump stated on social media on April 2. “When completed, it will be the Greatest and Most Beautiful Ballroom of its kind anywhere in the World, and a fabulous complement to our Beautiful and Storied White House!”

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