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National Housing Conference Annual Budget Forum. Michael Bodaken February 24, 2012. Apartments that will not receive full year funding* Apartments that will receive full year funding * Average household income $12,800** 70% elderly or disabled**.
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National Housing Conference Annual Budget Forum Michael Bodaken February 24, 2012
Apartments that will not receive full year funding* • Apartments that will receive full year funding* • Average household income $12,800** • 70% elderly or disabled** *Data from HUD 2013 Congressional Justifications for Project Based Rental Assistance ** Data from HUD’s A Picture of Subsidized Households-2008.
Combined Economic Impact *“…Annual renewal funding should be predictable, timely, and sufficient to fund rental contracts for a full 12 months, a sharp contrast to the short funding of contracts that occurred in recent years.” HUD 2010 Budget.
For More Information: Michael Bodaken, National Housing Trust • Email: mbodaken@nhtinc.org • Address: 1101 30th St NW, Suite 400 Washington, DC 20007 • Phone: 202 333-8931 x111 • Web: www.nhtinc.org