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The corresponding HUD statewide figures for Louisiana's 21,708 public housing units show that 17,366 (80%) of the occupants are black, or, again, about 1% of Louisiana's black population of 1,498,652 (32.4%). Blacks occupy 874,000 (46%) of the 1,900,000 public housing units nationwide, or about 2% of the 39,684,125 (12.5%) black people in America.
In other words, if say HUD determines that a local area's median income is $25,000, then the HOME funds awarded in that area should only benefit those families with incomes less than, or equal to, 80% of $25,000 (or $20,000). HUD publishes the area median incomes plus the 80% income limits every year in its website.
The main Section 8 program involves the voucher program. A voucher may be either "project-based"—where its use is limited to a specific apartment complex (public housing agencies (PHAs) may reserve up to 20% of its vouchers as such [11])—or "tenant-based", where the tenant is free to choose a unit in the private sector, is not limited to specific complexes, and may reside anywhere in the ...
Whether you rent or own, housing is expensive. According to Redfin, the national median home price is $427,179; however, 66.6 million households can't afford a $250,000 home, per the National...
GoSection8.com president Richard Cupelli says that Phoenix, Dallas, Oakland and San Diego -- where builders overshot like drunken gamblers -- lead the pack in the Section-8 rental comeback. Show ...
Permanent, federally funded housing came into being in the United States as a part of Franklin Roosevelt's New Deal. Title II, Section 202 of the National Industrial Recovery Act, passed June 16, 1933, directed the Public Works Administration (PWA) to develop a program for the "construction, reconstruction, alteration, or repair under public regulation or control of low-cost housing and slum ...