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Administrative/Regulatory

Aug. 3, 2010

Bill May Spark Real Estate Investment

Regional housing authorities would be required to replace every affordable residential unit that gets demolished or becomes uninhabitable under a new bill pending in Congress.

By Jason W. Armstrong

Daily Journal Staff Writer

Regional housing authorities would be required to replace every affordable residential unit that gets demolished or becomes uninhabitable under a new bill pending in Congress.

The proposed law, the Public Housing Reinvestment and Tenant Protection Act, or H.R. 5814, is being praised by affordable-housing advocates but ignited the concern of public housing authority officials, wh...

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