Low-Income Housing Preservation Reform: Hearing Before the Subcommittee on Housing Opportunity and Community Development of the Committee on Banking, ... Fourth Congress, First Session on Alternati - Tapa dura

Sinopsis

Excerpt from Low-Income Housing Preservation Reform: Hearing Before the Subcommittee on Housing Opportunity and Community Development of the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundred Fourth Congress, First Session on Alternatives to the Low-Income Housing Preservati

I believe any serious preservation reform should be viewed with the following concerns in mind.

Should the Federal Government continue a preservation pro gram? And if so, how should scarce taxpayer dollars be targeted for preservation?

How many owners will prepay their mortgages if the prepayment right is restored?

What is the budget cost to the Federal Government of various preservation scenarios?

What is the potential for displacement of tenants under the var ious proposals?

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