Housing vouchers can benefit local economy, federal official says in Cedar Rapids

At the commission’s Fair Housing Conference here on Thursday, the regional fair-housing director for the U.S. Department of Housing and Urban Development took time to emphasize the value of the sometimes maligned “Section 8″ housing vouchers to both extremely low-income households and to the overall economy.

She noted that the intent of the HUD voucher program is to limit to 30 percent the amount of a low-income household’s resources that goes to rent. The voucher then pays the remaining portion of the rent so the members of the household have money to meet other household needs, like food, shoes and clothes.

“So it truly is, I think, an economic development stimulus that comes into the community. It has economic implications,” Bottiger said.

–  The Gazette

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s