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State Tries to Boost Turnover in Public Housing
State officials are trying to increase turnover in public housing.
ANCHORAGE- State officials are trying to increase turnover in public housing.
Beginning in 2014, able-bodied renters in subsidized apartments will have five years to transition out of public housing. During the first year, their rent will drop slightly, from 30 percent of their income to 28.5 percent. But after that, their rent will shift to a percentage of their unit's market value. The percentage of market value they have to pay will increase annually over the five years.
The policy shift has been in the works since 2008. State officials said the income-based system was discouraging renters from becoming self-sufficient because the more they earned at work, the more they had to pay for their apartments.
The elderly and disabled are not being pressured to work or transition out. They're getting notices on Monday that their rent is dropping from 30 percent of their income to 28.5 percent, but they'll also be responsible for paying their own utilities now.
From The Editor
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