Trump Administration Wants to Raise the Rent

Trump Administration Wants to Raise the Rent

Secretary of Housing and Urban Development Ben Carson speaks to employees of the agency in Washington, U.S., March 6, 2017. REUTERS/Joshua Roberts
JOSHUA ROBERTS
By The Fiscal Times Staff

Housing and Urban Development Secretary Ben Carson will propose increasing the rent obligation for low-income households receiving federal housing subsidies, as well as creating new work requirements for subsidy recipients. Some details via The Washington Post: “Currently, tenants generally pay 30 percent of their adjusted income toward rent or a public housing agency minimum rent not to exceed $50. The administration’s legislative proposal sets the family monthly rent contribution at 35 percent of gross income or 35 percent of their earnings by working 15 hours a week at the federal minimum wage -- or approximately $150 a month, three times higher than the current minimum.” (The Washington Post

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