TITLE

Congress approves housing subsidy restructuring

AUTHOR(S)
Stanton, Michael
PUB. DATE
October 1997
SOURCE
Bond Buyer;10/13/97, Vol. 322 Issue 30250, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
9710185270

 

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