Hr 2406 the United States Housing Act of 1995 Hearing Before the Subcommitt
Hr 2406 the United States Housing Act of 1995 Hearing Before the Subcommitt
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Under the best of circumstances, we are asked to take a 15% cut in operating subsidies ~ a 24% cut in the House bill This all falls on the 60% of a PHA's budget that isn't for utilities These cuts take place before any regulatory changes The impacts will be on the 40% of our units that are for the elderly, on the 1 5% of our units occupied by the disabled, and on the close to a million children who live with us There is no other way to put it Our request is for $3 billion in capital, $3 billion... in operating funds, and $500 million for major reconstruction needs guaranteed over a five-year period ~ which yield savings of $1 1 billion over five years We want to run the same first-class program that your bill calls for, but we all must recognize that all the reforms in the world won't make up for the loss of $3 billion in appropriations The bill should recognize that performance, to some degree, depends on appropriations. No one knows at all how much and how quickly higher rent-paying tenants can be attracted, especially since the funds to make our developments more marketable have been cut so Conclusion Mr Lazio, you, the Subcommittee, and your staff have undertaken an enormous task in replacing the 1937 Housing Act in toto and we salute you We endorse the concepts of the new version and hope that we can work together with you and your staff to bring your vision closer to fruition by contributions that we beheve that we can make to what has been so ably launched 97 Date: September 29, 1995 Sub-Committee: On Housing and Community Opportunity of the Committee on Banking and Financial Services 104th Congress B-303 Rayburn House Office Building Washington D.
What to read after Hr 2406 the United States Housing Act of 1995 Hearing Before the Subcommitt?
You can find similar books in the "Read Also" column, or choose other free books by United States Congress House Committee On Banki to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Under the best of circumstances, we are asked to take a 15% cut in operating subsidies ~ a 24% cut in the House bill This all falls on the 60% of a PHA's budget that isn't for utilities These cuts take place before any regulatory changes The impacts will be on the 40% of our units that are for the elderly, on the 1 5% of our units occupied by the disabled, and on the close to a million children who live with us There is no other way to put it Our request is for $3 billion in capital, $3 billion... in operating funds, and $500 million for major reconstruction needs guaranteed over a five-year period ~ which yield savings of $1 1 billion over five years We want to run the same first-class program that your bill calls for, but we all must recognize that all the reforms in the world won't make up for the loss of $3 billion in appropriations The bill should recognize that performance, to some degree, depends on appropriations. No one knows at all how much and how quickly higher rent-paying tenants can be attracted, especially since the funds to make our developments more marketable have been cut so Conclusion Mr Lazio, you, the Subcommittee, and your staff have undertaken an enormous task in replacing the 1937 Housing Act in toto and we salute you We endorse the concepts of the new version and hope that we can work together with you and your staff to bring your vision closer to fruition by contributions that we beheve that we can make to what has been so ably launched 97 Date: September 29, 1995 Sub-Committee: On Housing and Community Opportunity of the Committee on Banking and Financial Services 104th Congress B-303 Rayburn House Office Building Washington D.
What to read after Hr 2406 the United States Housing Act of 1995 Hearing Before the Subcommitt?
You can find similar books in the "Read Also" column, or choose other free books by United States Congress House Committee On Banki to read onlineMoreLess
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