02/26/2013
https://www.congress.gov...
"I am encouraged by proposals in the administration's budget to provide funding for communities that update their land use and zoning regulations to allow for more multi-family housing opportunities."
"I must say I don't understand that."
"One of the problems is HUD's process for determining fair market rents they simply--the process simply does not reflect the reality of housing markets in communities across this Nation."
"Even those higher subsidy caps are still 26 to 35 percent below market rents."