Converting Funding of Some Public Housing Developments to Section 8 Subsidies Would Help Preserve Needed Units
By Will Fischer "The Obama Administrations 2012 budget proposes a demonstration project to fund a limited number of public housing developments through the 'Section 8' rental assistance program rather than the public housing program. These conversions should help preserve the nations stock of public housing by giving local agencies more adequate and reliable subsidies and greater access to private loans to finance needed renovations. This approach may offer the most realistic way to preserve public housing developments as affordable housing for the long run." View the full report: http://www.cbpp.org/cms/index.cfm?fa=view&id=3439 http://www.cbpp.org/files/3-25-11hous.pdf (10pp.) Blog Post: "Keeping Public Housing in Good Repair" By Will Fischer "To help ensure safe, decent living conditions for the roughly 1 million households in public housing mostly elderly people, people with disabilities, and working-poor families with children the local agencies that run these developments need sufficient funds for repairs and renovations. Unfortunately, the federal government has a long history of underfunding public housing and House Republicans have proposed further cuts for the current fiscal year. The Presidents 2012 budget proposes to test a new funding approach that may offer the most realistic way to preserve these developments over the long run." Read the full blog post: http://www.offthechartsblog.org/keeping-public-housing-in-good-repair/ [Non-text portions of this message have been removed] ------------------------------------ --------------------------------------------------------------------------- LAAMN: Los Angeles Alternative Media Network --------------------------------------------------------------------------- Unsubscribe: <mailto:[email protected]> --------------------------------------------------------------------------- Subscribe: <mailto:[email protected]> --------------------------------------------------------------------------- Digest: <mailto:[email protected]> --------------------------------------------------------------------------- Help: <mailto:[email protected]?subject=laamn> --------------------------------------------------------------------------- Post: <mailto:[email protected]> --------------------------------------------------------------------------- Archive1: <http://www.egroups.com/messages/laamn> --------------------------------------------------------------------------- Archive2: <http://www.mail-archive.com/[email protected]> --------------------------------------------------------------------------- Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/laamn/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/laamn/join (Yahoo! ID required) <*> To change settings via email: [email protected] [email protected] <*> To unsubscribe from this group, send an email to: [email protected] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
