In written testimony submitted to the House Committee on Financial Services in May, excerpted here, a group of urban affairs academics argue that PETRA is nothing less than a formal divestment from public housing, worse than anything previous administrations have proposed.
HUD Assistant Secretary for Public and Indian Housing Sandra Henriquez spoke with Shelterforce to discuss the administration’s Preservation, Enhancement, and Transformation of Rental Assistance initiative and address some of the concerns regarding PETRA’s push to allow public housing authorities to leverage private investments.
The National Low Income Housing Coalition wants to be able to support PETRA, but has some concerns.
The National Alliance of HUD Tenants weighs the merits and drawbacks of the PETRA proposal.
The history of well-intentioned housing plans from HUD and Congress has public housing residents across the country scared to death that they could lose their homes through PETRA.
sat down recently with John Atlas, NHI board president and author of Seeds of Change: The Story of ACORN, America's Most Controversial Antipoverty Community Organizing Group, to discuss the organization itself, as well as organizing on a national level, tensions between organizing and development, and lessons learned from the downfall of the once-powerful antipoverty organization.
For first-time homebuyers with good credit, stable employment, and savings for a down payment, buying a home is more affordable than it has been in decades. For everyone else, however, lower home prices have been a disaster.
It's not too late to treat toxic loans as the defective product they are.
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