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 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.

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