In addressing the Senators' concerns, it is my expectation that the Secretary of HUD will use the same procedures outlined in the mark-to-market legislation for those properties affected by the nonrenewal policy. The Secretary should not only explore the use sales or transfers to nonprofit organizations, but also allow these properties to retain project-based assistance if the ownership or physical condition problems are adequately addressed. I agree with Senator Mack that under no circumstances should we continue to subsidize bad landlords or bad properties, but that we need to be careful about how we handle these situations.
Editor's note · Context
Discussing procedures for properties affected by the nonrenewal policy in relation to HUD.
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