As federal subsidies subside, commu...

As federal subsidies subside, communities take an active part in providing affordable housing

According to a latter study conducted by the Joint Center for Housing Studies of Harvard University, 65000 fewer affordable housing rental units are in subordination to federal subsidy today than in 1995 In addition, subsidy contracts upon some 1 million units will expire through the next five years, many of which are located in areas with rising market fractures The looming scenario is that ten of thousands of low-income tenants -- many of them somewhat old -- may soon face stiff laceration hikes that will force