Government
CUOMO IN BOND-AGE
Sajan P. Kuriakos |
A Housing and Urban Development community outreach program has morphed into a battleground between Secretary Andrew Cuomo and the GOP.
A Housing and Urban Development community outreach program has morphed into a battleground between Secretary Andrew Cuomo and the GOP.
Eight decrepit apartments in East Harlem are back in the hands of the federal housing department after the landlord gave up control. The feds would like to tear them down, but the tenants are desperately working to fix them instead.
The Giuliani administration is moving $25 million in federal money for AIDS housing into a services budget–and some observers say its more about politics than policy.
Republicans say the federal housing department’s Community Builders program is pure political patronage, defenders say it helps the agency connect with the communities it serves. Either way, it will be around another year, thanks to a last-minute budget reprieve.
With a Section 8 agreement on a Manhattan building about to wane, the feds are only willing to pay half of what the landlord now wants–and the elderly renters are caught in the middle.
The clock is ticking. Over the next five years, landlords will be able to leave the federal Section 8 program, threatening the affordability of tens of thousands of New York City apartments.
If Senator Al D’Amato loses the election in September, the new chair of the banking committee will be Phil Gramm, no friend of the Community Reinvestment Act.
The Senate banking committee just okayed a massive overhaul of the country’s financial services laws, and comminity advocates are worried it will scuttle existing fair lending rules.
Washington may kill a deal for tenant control of one of the city’s worst housing projects because it covers the tracks of the negligent landlords, as reported in the latest issue of City Limits.
Greenpoint Bank is under investigation for selling unfair loans in poor neighborhoods, but Charles Schumer’s office says the bank’s doing good.