TITLE

HUD Cap on Section 8 Payments Could Undermine Bond Market's Confidence

AUTHOR(S)
Vadum, Matthew
PUB. DATE
May 2004
SOURCE
Bond Buyer;5/5/2004, Vol. 348 Issue 31877, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Discusses the implications of the decision of the U.S. Department of Housing and Urban Development to cut costs by capping Section 8 voucher payments at August 2003 levels. Explanation concerning the possible impact of the new policy on the housing bond market; Speculation with regard to the influence of the policy on the rental market for the low-income segment; Remarks from various individuals regarding the matter.
ACCESSION #
13040312

 

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