Wednesday, October 09, 2013

More Impacts of Government Shutdown on the Local Housing Programs

Yesterday at the Cuyahoga Affordable Housing Alliance Meeting we learned a little more about the impact of the Federal Government shutdown on housing and homeless programs.   The FHA is still in business doing verification of home loans, unfortunately, the IRS is not in business to verify income.  This will grind the home sales market to a standstill eventually.   No one is working at HUD to sign off on projects currently under construction.  It makes it difficult to pay construction and tradesmen working on subsidized housing projects locally. Contrary to popular belief there are affordable housing projects being developed locally.   There are permanent supportive housing projects that are supposed to open this winter, but there is no one at HUD to sign off on the work. 

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