Tag: EAH Inc.
With the Trump regime pushing for a massive $6.2 billion to $6.8 billion in budget cuts for the Department of Housing and Urban Development (HUD), so-called nonprofit affordable housing developers see the writing on the wall and are jacking up the rents on the poor, elderly and disabled renters in their projects as fast as they can, before the budget cuts take effect. The fiscal year (FY) 2018 budget detailing the cuts was released May 23.
It’s hard times for Berkeley’s poor in the Section 8 (Housing Choice) voucher program, and it’s been very difficult for the low-income households that have recently been pushed out of public housing and out of town. Their homes in public housing are being sold to out-of-state billionaires Stephen M. Ross and Jorge M. Perez.