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The Government Shutdown Could Decimate America's Subsidized Housing Programs [psmag.com]

 

The government shutdown has hit the one-month mark, and subsidized housing programs are reeling.

Between December and January, the contracts of 1,150 Section 8 units expired, putting in jeopardy the housing of tens of thousands of people enrolled in the project-based rental assistance subsidy program (over half of whom are elderly or disabled). Another 500 contracts are set to expire if the shutdown continues into February.

As administered through the Department of Housing and Urban Development (HUD), the project-based rental assistance program allows for HUD to "directly contract with private landlords to provide affordable homes to low-income tenants at certain properties," according to the National Housing Law Project, an advocacy group. More specifically, the program allows landlords to charge market rates, with tenants paying 30 percent of their income and HUD picking up the rest.

[For more on this story by SOPHIE KASAKOVE, go to https://psmag.com/social-justi...zed-housing-programs]

For another story on this topic, see The shutdown’s effect on the US economy, explained.

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