Ben Carson recommends raising rents for low-income Americans receiving rental assistance


Housing and Urban Development Secretary Ben Carson has announced a proposal to raise rents for low-income Americans relying on federal housing subsidies.

Currently, families and individuals living in subsidized housing are traditionally asked to spend 30% of their adjusted income on rent, with a cap on rent for the program's lowest earners at $50 per month. According to the Washington Post, Carson's new initiative would raise the standard for tenants to 35% of their gross incomes, with the cap on rent for the poorest families rising to $150 a month.

Though the 30-percent rule for measuring affordability has long been accepted as the standard rule of thumb, for families at lower income brackets, even this percentage is way too high when factoring in other necessary expenses as well as the need to save for emergencies. Increasing this by 5% would put further strain on millions of households already burdened by our current system, and would likely force many into homelessness.

In addit...

Mackenzie Goldberg via Archinect - News http://bit.ly/2HQY2jz

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