HUD Secretary Ben Carson to propose raising rent for low-income Americans receiving federal housing subsidies - The Washington Post
'The move to overhaul how rental subsidies are calculated would affect 4.7 million families relying on federal housing assistance. '
'Doing nothing is not an option.”Tenants generally pay 30 percent of their adjusted income toward rent or a public housing agency minimum rent -- which is capped at $50 a month for the poorest families. '
'The administration’s proposal sets the family monthly rent contribution at 35 percent of gross income, or 35 percent of their earnings working 15 hours a week at the federal minimum wage. '
'U.S. Housing and Urban Development Secretary Ben Carson on Wednesday proposed raising the amount that low-income families are expected to pay for rent — tripling it for the poorest households — as well as making it easier for property owners to demand work requirements for those receiving federal housing subsidies. '
'About 712,000 households would see their rents rise to the new monthly minimum of $150, HUD officials said. '
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'The move to overhaul how rental subsidies are calculated would affect 4.7 million families relying on federal housing assistance. '
'Doing nothing is not an option.”Tenants generally pay 30 percent of their adjusted income toward rent or a public housing agency minimum rent -- which is capped at $50 a month for the poorest families. '
'The administration’s proposal sets the family monthly rent contribution at 35 percent of gross income, or 35 percent of their earnings working 15 hours a week at the federal minimum wage. '
'U.S. Housing and Urban Development Secretary Ben Carson on Wednesday proposed raising the amount that low-income families are expected to pay for rent — tripling it for the poorest households — as well as making it easier for property owners to demand work requirements for those receiving federal housing subsidies. '
'About 712,000 households would see their rents rise to the new monthly minimum of $150, HUD officials said. '
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