NAHMA Seeking FWI Funding for Project-Based Housing Programs

摘要

The National Affordable Housing Management Association's (NAHMA) legislative priorities for 2011 include full funding and timely payments for Section 8 contracts, Section 202 and Section 811 project rental assistance contracts (PRACs), and rural rental assistance. "NAHMA understands that Congress is facing serious funding challenges," the group said. However, underfunding "obligations to apartment owners will damage the federal government's credibility with housing providers and lenders. It will jeopardize rental assistance for the most vulnerable families. Finally, it may also place the properties with mortgages insured by HUD or USDA-RHS (Rural Housing Service) at risk of default," NAHMA said.