Carson: HUD No Longer Raising Rents for Subsidized Households
"Housing and Urban Development (HUD) Secretary Ben Carson backed away on Friday from a plan to triple the minimum rent that the poorest Americans pay for federally subsidized housing," reports Max Greenwood. "Speaking at the Bipartisan Policy Center, Carson said additional funding from Congress eliminated the immediate need to raise rents."
At the time the news about the proposed changes to rent subsidies broke, in April 2018, Secretary Carson built the case for changing the structure of the federal subsidized housing program by saying if creates "perverse consequences" for Americans receiving subsidies.
Earlier last week, the Center for Budget and Policy Priorities released a study predicting that rents would increase by an average of 26 percent for most households receiving housing assistance from the federal government.