Sunday, March 20, 2016

Chicago Low-Income Housing Voucher: $4,000/mo. | Intellectual Takeout

Chicago Low-Income Housing Voucher: $4,000/mo. | Intellectual Takeout:
The inequity of the program is insane.

Whatever one’s opinion on government helping low-income or no-income individuals have roofs over their heads, it’s probably safe to say that most people would be outraged by a government program that gives some people nearly $4,000/mo. for housing while others get less than $1,000/mo.
Too extreme to believe?
Here’s what Chicago’s Sun Times is reporting:
“After buying a home in Barrington Hills, Chaoshan Lai and his wife couldn’t unload the 15-year-old townhouse that they’d bought for $935,000 in Central Station, a taxpayer-subsidized development in the South Loop where former Mayor Richard M. Daley lived for years.
Lai couldn’t even find anyone to rent the townhouse on South Prairie Avenue — until he got a call in 2013 about a woman who’d gotten a ‘housing choice voucher,’ from the Chicago Housing Authority through a program that had long been called Section 8.
Lai says the woman wanted to lease his three-bedroom, three-and-a-half bath home, which has a library and is within walking distance of Soldier Field and the lakefront.
‘I said, “You probably cannot afford the rent,”’ Lai recalls. ‘But they said they have a special program in the “opportunity area” that pays much better. I said, “Let’s give it a shot.”’
It ended up being a good deal for Lai. Since June 1, 2013, he’s collected more than $100,000 from the CHA, which administers public housing in Chicago for the U.S. Department of Housing and Urban Development. The CHA pays him $3,911 a month in federal funds to lease his townhouse to the woman and three others in her household, including a child under the age of 6, records show.
It also has been a good deal for Lai’s tenant. She pays no rent because, CHA officials say, she has no income.”

Here are more details of the program:
Read on.....be near a toilet or barf bag.

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