HUD unveils public-private program to improve public housing

The Department of Housing and Urban Development's new Rental Assistance Demonstration will provide financial support, including tax credits and help with private financing, to preserve subsidized and public housing. The money is expected to benefit the construction industry and aid in reducing a $26 billion backlog of capital needs that public housing authorities face.

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Housing Wire · Savannah Morning News (Ga.) (free registration) · Paramus Post (N.J.), The

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