[Hpn] Fwd: A Million New Homes!
Coalition on Homelessness, SF
Thu, 27 Jul 2000 23:24:04 -0700
>Date: Wed, 26 Jul 2000 18:46:12 -0700
>From: "Coalition on Homelessness, SF" <firstname.lastname@example.org>
>Subject: A Million New Homes!
>email@example.com, firstname.lastname@example.org, email@example.com,
>firstname.lastname@example.org, email@example.com, firstname.lastname@example.org,
>A Million New Homes!
>The U.S. Department of Housing and Urban Development (HUD) recently
>released a report entitled "Waiting In Vain: America's Housing
>Crisis." It "revealed" what most U.S. renters, especially the
>working poor, could have told them for free: our housing crisis is
>nationwide, and housing affordable to low-income people nearly
>Never mind that the crisis is hardly accidental. Many local and
>state governments have eliminated or weakened rent control. Public
>housing demolitions have eliminated over 23,000 housing units
>nationally. The expiration of HUD Section 8 contracts threatens 2.1
>million homes. Lack of a housing safety net for those most in need
>pushes everyone's rents up by eliminating supply and increasing
>competition for scarce resources. In cities flooded with the
>"dot.com" money these decisions spell eviction.
>Hoping to counteract nearly a decade of cuts in U.S. housing
>spending, the National Coalition for the Homeless (NCH) has proposed
>an innovative solution - the Community Housing Investment Trust
>(CHIT). This legislation will create and subsidize one million units
>of housing that is affordable to families and individuals whose
>annual incomes are less than $10,700 per year. Current federal
>housing programs primarily aid households whose incomes are between
>$20,000 to $60,000 per year.
>Nationally, there are at least 11.3 million households with incomes
>of less than $10,000. Personal-based Section 8 vouchers are useless
>in every area where demand for housing is high and vacancy rates are
>low. Landlords usually take the opportunity to rent to
>higher-income, non-subsidized tenants.
>This federal resource pool allows local communities to develop,
>acquire, rehabilitate or subsidize housing units. This means that
>cities can meet the specific needs of their area CHIT would be
>funded from the interest from existing federal bonds, meaning that
>no one's taxes will be increased automatically. Individual taxpayers
>would be able to make contributions to CHIT by checking off a box on
>their income taxes. The legislation also provides for matching funds
>from private institutions maximizing the $50 billion federal
>Housing shortages are nothing new in San Francisco, or in any market
>economy. At the end of World War II, returning service people faced
>a severe housing crisis that even the New Deal had failed to address
>completely. The International Longshoreman and Warehouse Union led
>actions - including office occupations and work stoppages - to force
>federal representatives to build new affordable housing. Their
>accomplishments include many of the same housing programs that are
>being dismantled by Democrats and Republicans today.
>This campaign is an important step in the fight for housing and
>other crucial social needs. Although homelessness is a complicated
>problem, its leading remedy should be embarrassingly simple: more
>housing. New housing can also create jobs and further social
>To endorse the Community Housing Investment Trust and get active in
>the campaign please contact James Tracy, Coalition on Homelessness
>Housing Workgroup (415) 346-3740.
Coalition on Homelessness, San Francisco
468 Turk St.
San Francisco, CA 94102
vox: (415) 346.3740
Fax: (415) 775.5639