Saturday, August 22, 2015

U.S. Lets Rich Get Cheap Public Housing: “Positive Social Benefits”

Tens of thousands of people who earn too much to qualify for the U.S. government’s taxpayer-subsidized public housing live in the facilities nationwide and the federal agency that runs the program has no intention of evicting the violators. That’s because “there are positive social benefits from having families with varying income levels residing in the same property,” according to the Obama administration official that runs the program.

Some beneficiaries earn tens of thousands of dollars a year more than the threshold allowed to qualify for the cheap housing and, in at least one case, a millionaire pays a mere $300 a month in rent for a public housing unit in Oxford, Nebraska. The tenant has an annual income of more than $65,000—which alone disqualifies her for public housing—and assets of nearly $1.6 million, including stock, real estate a handsome retirement account and a checking account with a balance of $334,637.

It’s inconceivable that the government allows this abuse to occur, but considering that it involves the Department of Housing and Urban Development (HUD) it’s not all that surprising. The scandal-plagued agency is well known for its many transgressions and for looking the other way in the face of fraud and corruption, even among its own employees. Just a few weeks ago Judicial Watch reported that a HUD employee fraudulently charged nearly $12,000 in personal items on his work-issued credit card and the agency failed to even reprimand the employee or report the wrongdoing after learning about it.

http://www.judicialwatch.org/blog/2015/08/u-s-lets-rich-get-cheap-public-housing-positive-social-benefits/

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