HOUSING UP ON NBCNEWS.COM

Yesterday, our VP of Programs, Courtney Hall, spoke with Erik Ortiz of NBCNews.com about a new proposal from the US Department of Housing and Urban Development (HUD). This proposal would raise rents for millions of low-income individuals and families. For those living in cities with expensive rental markets, like Washington, DC, “the rental increase could translate to an extra $980 a year on top of the average annual gross rent of $4,810 for a federally subsidized apartment.” This increase would be the largest increase for major metropolitan markets, according to the Center on Budget and Policy Priorities. As Courtney said, “these families are already teetering. They’re not just splurging and spending money — they’re doing what they can to make ends meet.”

Check out the article here, and read more about this latest HUD proposal

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