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"The city's beleaguered Housing Authority plans to forgo issuing roughly 5,000 new Section 8 vouchers, according to Crain's New York Business. The agency’s existing 95,000 voucher holders will be spared.
The Department of Housing Preservation and Development has also decided to forgo issuing 3,000 new vouchers.
Tenants with Section 8 vouchers pay one-third of their income as rent. In the five boroughs, the average rent paid in the program is $434 with average annual income of around $15,081."
"The cuts will also affect landlords who contract directly with the federal Department of Housing and Urban Development. An additional 75,000 units subsidized by the Section 8 program are on the chopping block, which would likely result in rent hikes for those tenants."
The city's beleaguered Housing Authority plans to forgo issuing roughly 5,000
new Section 8 vouchers, according to Crain's New York Business. The agency’s existing 95,000 voucher holders will be spared.
Quote:
The cuts will also affect landlords who contract directly with the federal
Department of Housing and Urban Development. An additional 75,000 units subsidized by the Section 8 program are on the chopping block, which would
likely result in rent hikes for those tenants.
The two paragraphs seem contradictory. (Maybe I don't quite understand how Section 8 works.)
The two paragraphs seem contradictory. (Maybe I don't quite understand how Section 8 works.)
The agency’s existing 95,000 voucher holders will be spared.
I could be wrong, but I think the 95000 Section 8 voucher holders who are spared are those living in NYCHA, as some Section 8 tenants do. The above text says the agency's, so I think it means Section 8 tenants living within NYCHA itself.
The 75000 to be cut are those living in buildings owned by private landlords. The article clearly says it effects those landlords who CONTRACT with the federal government. So as those Section 8 vouchers are cut, the tenants will get big rent increases, and kicked out if they can't pay.
So if you separate Section 8 tenants into those living in NYCHA, and those living in private housing, the two statements don't contradict each other at all.
Last edited by NyWriterdude; 06-11-2013 at 07:36 AM..
Your interpretation is probably the correct one.
But then the headline seems to make little sense without torturing the meaning of "low-income housing vouchers":
The cuts mark the first time the housing subsidy has been slashed since President Nixon launched the program to help poor renters.
There will always be some poor and low income residents living on subsidies in NYC but this is no longer the go to place for the country's needy people. It used to be that folks from all over would get on a bus and come to NYC because our welfare benefits were better than most states. Well the times are changing. Now they will put you back on the bus or even get you a plane ticket to go back to wherever you came from.
That's right, federal money should be routed to those who really need it: investors and bankers.
Basically, the voters have spoken. Are the national voters across the nation that interested in subsidizing poor people to live in the most expensive city in the nation? Shouldn't people live where they can afford to live?
What makes people on government programs in NYC think that the whole nation revolves around giving them indefinite handouts?
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