Congress approves housing subsidy restructuring

Stanton, Michael
October 1997
Bond Buyer;10/13/97, Vol. 322 Issue 30250, p5
Trade Publication
Reports on Congress' approval in October 1997 of a compromise plan to restructure oversubsidized Section 8 housing projects. Tools the bill gives restructuring agents to make certain that the subsidy reductions do not lead to widespread defaults; Erosion in debt service coverage.


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