While I understand the importance of this program to many families, and it serves millions of families, I remain concerned about the long-term costs associated with new vouchers and the impact the Section 8 funding costs will have on the overall HUD budget and the many other programs within the HUD budget.
Expresses concern over the long-term costs of Section 8 funding on HUD's budget.
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More from GARY G. MILLER
NAFCU believes that any relief efforts should not bifurcate the industry by asset size and would not support such an approach.
I have some real concerns with that. I have had a concern with the definition between subprime and predatory for years, and I am glad to see we are going to finally deal with it.
We are starting to see a rebound in the housing market, and that is really important to the economic recovery of this country and for job creation.
Yet, by requiring this Davis-Bacon mandate, we are beating up the price of apartments and condos and townhomes by 20 to 25 percent.
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