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Keyword: rentsubsidies

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  • Poor families use 'supervouchers' to rent in city's priciest buildings

    07/28/2014 7:04:53 AM PDT · by afraidfortherepublic · 34 replies
    Crain's Chicago Busness ^ | 7-28-14 | Alby Gallun
    The high-rise at 500 N. Lake Shore Drive is the second-most expensive in the city, with rents for a one-bedroom apartment approaching $3,000 a month, well beyond the reach of most Chicago residents. But that's not too much for the Chicago Housing Authority, which has used federal tax dollars to pick up most of the tab for four lucky residents in the year-old building, with its sweeping views of Lake Michigan, a concierge and a dog-grooming center. The tenants moved in over the past two years as part of a push by the CHA to expand its housing voucher program...
  • Another rat scandal: subsidized rents for rat politicians

    07/10/2008 8:09:28 PM PDT · by businessprofessor · 24 replies · 78+ views
    New York Times via MSNBC ^ | July 10, 2008 | DAVID KOCIENIEWSKI
    While aggressive evictions are making rent-stabilized apartments increasingly scarce in New York, Representative Charles B. Rangel is enjoying four of them, including three adjacent apartments in a sprawling penthouse overlooking Upper Manhattan, courtesy of one of New York’s premier real estate developers. ... Mr. Rangel is not the only prominent resident with a rent-stabilized apartment at Lenox Terrace. Gov. David A. Paterson told The New York Sun in May that he pays $1,250 for a rent-stabilized two-bedroom apartment in the complex that rents for $2,600 or more at market rates. ...