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April 23, 2006

Mike likes public housing hike

Daily News describes Bloomberg's support for hikes in public housing rents, and the dissident voice of Bertha Lewis of ACORN:

"We can give tax breaks and subsidies to millionaires and billionaires to build luxury condos, but we can't help working families?" Lewis fumed.

article

Wait, are you taking the kiss back Bertha?

Atlantic Yards Report details the details:

Lewis is right that reform of the subsidy program is long overdue. But unmentioned is that a lot of public housing tenants pay far less of their income in rent than those in affordable housing. For example, the affordable housing plan ACORN negotiated with Forest City Ratner for the Atlantic Yards project caps rents at 30 percent of household income--which is the standard in the definition of affordable housing. As Bloomberg said, according to WNYC, "We are proposing to raise the rent for people who pay less then 10% of their income in rent. It's a small percentage. Someone has to pay for it."

That's not true, since the calculations below show that some people facing increases now pay 20% of their income in rent. Still, the relatively best-off public housing tenants are facing less of a hit than some of the others facing increases.

Posted by amy at April 23, 2006 10:41 AM