Rental Assistance and Public Housing Provisions of S. 566: Hearing Before the Subcommittee on Housing and Urban Affairs of the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundred First Congress, First Session, on the National Affordable Housing Act, June 16, 1989 |
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Page 3
... rent affordability . In general , holders of a rental credit would pay no more than 30 per- cent of their adjusted ... fair market rent system . Rental assistance will be allocated with more predictability to States and localities ...
... rent affordability . In general , holders of a rental credit would pay no more than 30 per- cent of their adjusted ... fair market rent system . Rental assistance will be allocated with more predictability to States and localities ...
Page 4
... rent charged by the owner . Voucher participants also rent a unit in the pri They are allowed to pay more than 30 percent of a income if they choose to live in a unit which costs m fair market rent . They are also allowed to pocket any ...
... rent charged by the owner . Voucher participants also rent a unit in the pri They are allowed to pay more than 30 percent of a income if they choose to live in a unit which costs m fair market rent . They are also allowed to pocket any ...
Page 43
... rents of vocant available units ( in the area of housing search ) to the Fair Market Rent ( in the case of " certificates " ) and to the recipient's income : ( c ) size of household ; ( d ) income of household ( and source of income ) ...
... rents of vocant available units ( in the area of housing search ) to the Fair Market Rent ( in the case of " certificates " ) and to the recipient's income : ( c ) size of household ; ( d ) income of household ( and source of income ) ...
Page 99
... fair market rent units . But while protections for the tenants are one thing , it is also nec- essary to encourage owner participation in this program . NLHA is pleased with the fair market rent refinement provisions , that indeed these ...
... fair market rent units . But while protections for the tenants are one thing , it is also nec- essary to encourage owner participation in this program . NLHA is pleased with the fair market rent refinement provisions , that indeed these ...
Page 102
... allocation to be used for such , goes a long way to alleviate many of the fears and criticisms of the voucher program . The fair market rent refinement provision should provide an effective tool in encouraging owner participation . There ...
... allocation to be used for such , goes a long way to alleviate many of the fears and criticisms of the voucher program . The fair market rent refinement provision should provide an effective tool in encouraging owner participation . There ...
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Common terms and phrases
30 percent Abt Study administrative costs Affordable Housing Act ALAN CRANSTON allocation bill certificate and voucher certificate program Chairman CLPHA testimony Committee CONGRESS THE LIBRARY continue contracts Council of Large demolition demonstration Distressed Public Housing fair market rent families federal funds homeownership hous households housing assistance Housing Voucher HUD's income for rent Jack Quinn Jefferson County June 16 Large Public Housing lead paint legislation LIBRARY OF CONGRES LIBRARY OF CONGRESS low income housing median million NAHA NAHRO National Affordable Housing National Commission national housing owners participation PHA's PHAS problems Project Independence project-based proposed Pruitt-Igoe public housing authorities public housing developments public housing units rental assistance rental credit program replacement Richard Y Section 123 Section 8 certificate Section 8 housing Section 8 program Senator CRANSTON Severely Distressed Public Stegman Subcommittee subsidies support services tenants term Thank U.S. Senate URBAN AFFAIRS voucher program
Popular passages
Page 35 - If you have any questions, I would be happy to try to answer them.
Page 77 - STEGMAN is professor and chairman of the Department of City and Regional Planning at the University of North Carolina at Chapel Hill, where he teaches graduate courses in housing markets and real estate investment analysis.
Page 145 - The UDAG program has been most successful in promoting creative, private-public partnerships which are helping economically distressed cities to attract private capital for economic development. There is currently a greater demand than there are funds for viable, important projects.
Page 10 - I am the executive director of the Housing Authority of the city of New Haven.
Page 147 - implicit subsidy cost" associated with the loan or guarantee. Enactment of such legislation, requiring massive appropriations to cover theoretical subsidy costs, would sharply curtail, if not kill, the many Federal housing credit programs. We urge that the authority to issue tax-exempt mortgage revenue bonds be extended, without any reduction in State volume caps.
Page 77 - It has been said that public housing is unpopular with everybody except those who live in it and those who are waiting to get in.
Page 19 - ... other supportive services. An incentive for participants was the provision of Section 8 certificates or vouchers. The initial results were promising: a 1988 HUD progress report indicated that 42 percent of nearly 10,000 individuals who had participated in 134 local programs had either obtained full-time jobs with growth potential or were enrolled in two- or four-year college programs (US Department of Housing and Urban Development 1988).
Page 51 - Abt observes , the cost estimates reported here are based on actual PHA costs and are in no sense normative. They reflect the costs that are actually observed and should therefore reflect the levels of services and efficiency actually obtained by the Section 8 Existing Housing program. They neither assess the efficiency of current practices nor the desirability of higher or lower levels of administrative services, (p.
Page 82 - ... involve the sale of attached townhouse or multifamily units using the cooperative or condominium form of ownership. In addition to differences in building type and ownership interest, PHA sales programs vary by number of units to be sold; character of the neighborhoods in which their sales projects are located; extent to which the sales prices are subsidized; financing approaches...
Page 53 - Abt notes that over and under reimbursements in the Housing Voucher or Certificate Programs are presumably offset by spending and reimbursements in other programs . PHAs are not profit-making businesses. If a PHA's reimbursements exceed its costs in one program, then the funds will be spent on other programs. Similarly, under reimbursements in one program must be funded fro* over reimbursements in other programs.