A new Department of Housing and Urban Development proposal "would increase rents for nonelderly residents who are able to work and for people who are elderly or disabled," according to housing experts at the Urban Institute.
Diane K. Levy and Susan J. Popkin break down the legislative proposal. They write:
Rent increases would result from:
1) a change from rent calculations based on 30% of monthly income to calculations based on 35% of monthly income for nonelderly, nondisabled households;
2) the removal of income adjustments for child care, medical expenses, and other factors for all households (changing from rent based on adjusted income to rent based on gross income); and
3) a minimum rent based on at least a 15-hour work week at the federal minimum wage (effectively, a $150 minimum rent) for nonelderly, nondisabled households and a minimum rent of at least $50 for elderly or disabled households.
Levy and Popkin say the proposed changes to the Housing Act raise questions and provide few answers.
To read their take on the proposal, click on the link below.
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