HUD’s privatization scheme may herald end of public housing
http://america.aljazeera.com/opinions/2014/11/public-housing-renovationrentalassistancedemonstration.html
At a time when a shortage of affordable housing is devastating low-income families, U.S. policymakers appear to have all but given up on the idea of a state-managed public housing system. The U.S. Department of Housing and Urban Development (HUD) says more than $26 billion (PDF) is needed to repair the nations aging public housing, a backlog that has left many residents in deteriorating living conditions.
Yet the notion that the solution lies in improved public funding and support or that public housing should be publicly owned at all has become a political nonstarter. Instead HUD is embarking on a sweeping privatization program in the name of renovation. After decades of demolitions and decay of public housing units, the Rental Assistance Demonstration (RAD), a pilot program that purports to preserve existing housings units by providing access to more stable funding, could eradicate public housing as we know it within the next three decades.
Launched in 2013, the RAD will hand over 60,000 units of public housing to private management by 2015. While thats only a fraction of the nearly 1.2 million public housing units nationwide, RADs reach could soon expand: HUD Secretary Julián Castro and participating developers are lobbying Congress to lift the cap set during the programs initial phase and allow more conversions to private ownership, and HUD is requesting $10 million toward the expansion of the RAD.
In a recent editorial for USA Today, Castro called for a new approach to affordable housing. Among other things, he proposed overhauling our public-housing system in order to tap into the power of the marketplace. But the agency doesnt seem able or willing to say what will happen in the long term to public housing units outsourced to private developers.
Let me see if I've got this straight. This is the guy that a lot of us around here are holding up as the Dems' Great Latino Hope?!