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.
The National Alliance of HUD Tenants weighs the merits and drawbacks of the PETRA proposal.
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.
The National Low Income Housing Coalition wants to be able to support PETRA, but has some concerns.
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.
It's not too late to treat toxic loans as the defective product they are.
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.
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