Obama administration sets housing agency pay caps

The Obama administration is clamping down on excessive pay at public housing authorities, setting caps that extend and expand limits imposed by Congress.  After conducting a national compensation survey, the U.S. Department of Housing and Urban Development plans to set a maximum salary ceiling of $155,000 for public housing agency officials, according to two senior administration officials. The cap applies to the portion of executive salary paid with federal money.  Agencies can still supplement a top officials pay with state or local government money.  While the top limit planned by the Obama administration would be $155,000 for agencies managing more than 1,250 public housing units, HUD would set lower limits for smaller public housing agencies. Housing authorities with between 250 and 1,250 units could pay a maximum of $125,926, and agencies handling fewer than 250 units could pay no more than $88,349.

Associated Press


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