Chicago dems give "supervouchers" to welfare queens so they get $3000/month apts

[ShootSpeeders]

Which party do you think these welfare bums will vote for?

http://www.chicagobusiness.com/arti...vouchers-to-rent-in-citys-priciest-buildings#

July 28, 2014


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 so that more low-income residents can leave the city's roughest neighborhoods and start a new life in places with low poverty and crime and close to good schools and jobs.

 

[ShootSpeeders]

Naturally democrats say they do this so people can get good jobs and leave welfare but everyone knows just the opposite happens. These lavish freebies encourage people to stay on welfare just like dems want.

 

[JoeB131]

That's awesome.

Anyone who charges $3000.00 in rent thoroughly deserves to get screwed.

 

[rdean]

I just spent about 20 minutes trying to find information on this and couldn't. In fact, the only two links was this one and one at another blog site.

 

[CrusaderFrank]

That's awesome.

Anyone who charges $3000.00 in rent thoroughly deserves to get screwed.

In the Workers Paradise we all get the same refrigerator box for a home

 

[CrusaderFrank]

I'd like to know how Obama's Illegal Aunt Zeiti leapfrogged ahead of the 30,000 people ahead of her on the Waiting list for public housing in Boston

 

[Luddly Neddite]

Oh for crying out loud. Why do the real dummies here, like SS, insist on posting stuff like this when they haven't a frikken clue about the facts.

Almost all cities have some variation on this. Some have Section 8 housing, some call it something else. I've rented to Section 8 renters and would again. Its a good deal for both sides.

 

[Mr. H.]

I just spent about 20 minutes trying to find information on this and couldn't. In fact, the only two links was this one and one at another blog site.

Try the Chicago Tribune and WGN news, ya twit.

 

[CrusaderFrank]

Oh for crying out loud. Why do the real dummies here, like SS, insist on posting stuff like this when they haven't a frikken clue about the facts.

Almost all cities have some variation on this. Some have Section 8 housing, some call it something else. I've rented to Section 8 renters and would again. Its a good deal for both sides.

Taxpayers subsidizing $3,000/month rent is a good deal for one side

 

[Manonthestreet]

Gee isnt Chicago dead broke......If I was a union member I might....oh I dont know be wondering if my pension is getting Detroited

 

[WinterBorn]

I had a friend in Tuscaloosa who owned an apt complex and went to section 8 housing. he did it for 2 reasons.

#1 - Since the gov't paid most or all the rent, the portion that was late was minimal to his operation.

#2 - He set the rental rates. The gov't paid most of it. These landlords do scam the gov't pretty well. They know they would not get that high a rent on the open market, but Uncle Sam never batted an eye.

 

[Procrustes Stretched]

Which party do you think these welfare bums will vote for?

http://www.chicagobusiness.com/arti...vouchers-to-rent-in-citys-priciest-buildings#

July 28, 2014


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 so that more low-income residents can leave the city's roughest neighborhoods and start a new life in places with low poverty and crime and close to good schools and jobs.

WOW!!!!!

4 people and no claim of $3,000 a month each, only an assertion that some 1 br units approach that?

I wonder where the truth lies here and where the real outrage is?

 

[Asclepias]

Which party do you think these welfare bums will vote for?

http://www.chicagobusiness.com/arti...vouchers-to-rent-in-citys-priciest-buildings#

July 28, 2014


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 so that more low-income residents can leave the city's roughest neighborhoods and start a new life in places with low poverty and crime and close to good schools and jobs.

You can tell this one has never owned a piece of rental property in his life. I'd bet money this is section 8 housing and I doubt its 3K that they are paying the owner. They are probably getting a little more. From your own link.

Most landlords agree with the effort to expand the use of “housing choice vouchers,” formerly known as Section 8 vouchers, to more prosperous parts of the city. Vouchers have become a bigger part of the CHA's policy since it tore down big public housing projects like Cabrini-Green, offering recipients more flexibility to choose where to live so they can escape the cycle of poverty.

 

[skookerasbil]

Which party do you think these welfare bums will vote for?

http://www.chicagobusiness.com/arti...vouchers-to-rent-in-citys-priciest-buildings#

July 28, 2014


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 so that more low-income residents can leave the city's roughest neighborhoods and start a new life in places with low poverty and crime and close to good schools and jobs.

There goes another neighborhood........in 3-5 years, it'll be a snake pit!!

 

[Mad Scientist]

Maybe the owners of the building lobbied for this because they weren't getting enough applicants from the usual High Rollers?

 

[rdean]

I just spent about 20 minutes trying to find information on this and couldn't. In fact, the only two links was this one and one at another blog site.

Try the Chicago Tribune and WGN news, ya twit.

So you have a link?

 

[depotoo]

Maybe the owners of the building lobbied for this because they weren't getting enough applicants from the usual High Rollers?

because they all got convicted.

 

[depotoo]

http://www.chicagobusiness.com/article/20140726/ISSUE01/307269984?template=mobile

I just spent about 20 minutes trying to find information on this and couldn't. In fact, the only two links was this one and one at another blog site.

Try the Chicago Tribune and WGN news, ya twit.

So you have a link?

 

[depotoo]

HUD caps how much the CHA can pay a landlord. A few years ago, the CHA could not pay more than 110 percent of a fair market rent calculated by HUD. The current fair market rent in Cook County for a one-bedroom apartment is $826 a month.But HUD allowed the CHA to change its rules in 2010, pushing the cap up to 300 percent in designated “opportunity areas,” such as downtown and Lakeview, where poverty is low and subsidized housing is scarce.
Raising the threshold was essential because rents are so much higher in opportunity areas, making them off-limits under the old restrictions, saysAlexander Polikoff, co-director of public housing at Business and Professional People for the Public Interest, an advocacy group.
“It was from a good motivation and a sound policy reason,” he says. “The CHA is to be commended for being one of the only housing authorities in the country that understands the idea of housing mobility.”

The CHA has approved 706 supervouchers since HUD signed off on the higher limits, and the number has jumped in the past two years. The CHA approved 364 in the first half of the year, up from 291 for all of 2013, 44 in 2012 and seven in 2011, according to the authority. Eighty-seven payments exceeded 200 percent of HUD's fair market rent in the first six months of the year, versus 49 for 2013 overall.
Eleven leases hit the 300 percent cap in the first six months of 2014, up from three for last year, according to the CHA. High-end apartment buildings with the highest voucher payments included 500 N. Lake Shore Drive,*Aqua Tower*in Lakeshore East and*the Streeter*in Streeterville.

That is from the link

 

[ShootSpeeders]

I'd like to know how Obama's Illegal Aunt Zeiti leapfrogged ahead of the 30,000 people ahead of her on the Waiting list for public housing in Boston

I'd like to know that too but the press refused to investigate. It's a federal crime to encourage illegals to live here and the state did that.