HUD Pushes Homeownership Over Renting

The Bush administration's housing policy, which emphasizes homeownership for the poor over rental assistance, plans to scale back funding for low-income tenants and could intensify the shortage of affordable housing in cities.

1 minute read

August 6, 2001, 7:00 AM PDT

By Christian Madera @http://www.twitter.com/cpmadera

"Making 'the American dream of homeownership' come true for more poor people and minorities is important because it bolsters their communities, Mel Martinez, secretary of the Department of Housing and Urban Development, said in an interview last week. But he stressed that the administration is not giving rental housing short shrift and intends to have more built. Critics have applauded the push for more homeownership, but say the effort has overshadowed assistance needed for rental housing, where most of the nation's poorest residents live."

Thanks to Christian Peralta

Read the full story: HUD eyes cuts in rental funding

Sunday, August 5, 2001 in The Boston Globe

Housing United States

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban and Environmental Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban and Environmental Planner

Get top-rated, practical training for planners

Start Learning

Advertise with us

FREE Course: Walkable City 1: Why Walkability?

After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.