Rod Solomon writes the 2013 Public Housing Investment Update article for the Journal of Housing & Community Development
10/1/2013Click on this link to view the article in pdf format
There were some bright spots during the past year for preservation or replacement of the $100 billion public housing stock—the invigorating launching of the Rental Assistance Demonstration (RAD), a very large Capital Fund financing for the New York City Housing Authority (NYCHA), awards of large Choice Neighborhoods grants to the housing authorities of San Antonio (Tex.), Seattle (Wash.) and Tampa (Fla.), and continued contribution of low-income housing tax credits (Tax Credits). The abject failure of Congress to provide adequate funding for low-income and particularly public housing, however, counteracts the accomplishments.