firehand

Prometheus 6   

Do not make the mistake of thinking that because my conclusion is the same as another person's that my reasoning is the same

September 05, 2003

 

First jobless, now homeless?

Since Gulf War II went so swimmingly, we now turn our attention to Class War II

100,000 Could Lose Housing Subsidies, Advocates Warn
By DAVID FIRESTONE

WASHINGTON, Sept. 4 — More than 100,000 low-income families could lose their rent subsidies next year under a spending bill passed today by a Senate committee and recently approved by the House, housing advocates said.

The advocates cited a new study by the Congressional Budget Office.

If the nonpartisan budget office's forecast of housing costs next year proves accurate, it could be the first time in the 30-year history of the federal housing voucher program that Congress has failed to renew all existing vouchers. Under the program, known as Section 8, the vouchers pay the difference between the market rent of an apartment and 30 percent of a household's income.

The program subsidizes more than two million families who generally earn less than $20,000 a year.

The House appropriated $11.7 billion for the vouchers this year. That would be enough to provide for 1.78 million vouchers under the House estimate of the average cost of a voucher, $6,575. But the budget office last week set a higher figure, $7,068, taking into account housing costs around the country. At that rate, the same sum of money would mean 114,000 fewer vouchers in the coming year. Because the law sets the voucher formula, any shortfall would result in fewer vouchers rather than small reductions in each voucher.

Posted by P6 at September 5, 2003 10:27 AM | Trackback URL: http://www.prometheus6.org/mt/mt-tb.cgi/1546
Comments

I am jobless and soon to be homeless plus I'm married wiht 4 children.


Posted by at November 6, 2003 05:57 PM 

I thought I knew what concern for the future meant.

That sucks so much, I'm not even going to politicize you. I'm just going to wish you luck. You may have to accept temporary help (and I know what THAT'S like too--it's not enough to get real happy about). But so many people being out of work is unsupportable so things will change.


Posted by at November 6, 2003 11:17 PM 
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