Word: hud
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...Former HUD secretary Jack Kemp will not seek theGOP nomination for president in 1996, Republican Party sources said today. Kemp, once a darling of the far right, reportedly told associates he could not mount a viable campaign at a time when he is out of step with the Party's increasingly aggressive agenda: He opposes term limits, favors tax cuts instead of a balanced-budget amendment and, unlike the vast majority of GOP members, backs federal incentives to combat urban poverty...
Under the act--which the three communities cannot alter or reject--tenants earning less than 60 percent of the median-income guidelines for metropolitan Boston, as set up by the federal Department of Housing and Urban Development (HUD), can keep rent control for up to two years. Also protected are elderly and disabled tenants who make less than 80 percent of the HUD guidelines...
Weld's plan gives limited protection to anyone earning less than 60 percent of the federal Department of Housing and Urban Development (HUD) median-income guidelines, and for elderly and disabled tenants earning less than 80 percent of the guidelines...
...existing plan, which would have given tenants greater protection. That plan--which the Senate yesterday passed, 21-16, following the House's approval last week--would have phased out rent control over two years for all elderly and disabled tenants, and for all tenants earning 60 percent of the HUD income guidelines...
Just days after pledging to shrink the Department of Housing and Urban Development as part of the ongoing tax-cut frenzy, President Clinton today pledged up to $3.5 billion in HUD grants and tax breaks to 106 economically-distressed communities. The biggest winners are three cities and six rural areas designated as "empowerment zones," a scheme designed to lure business to depressed areas first championed by conservative former HUD Secretary Jack Kemp. The urban zones -- Atlanta, Baltimore, Chicago, Detroit, New York and Philadelphia-Camden, N.J. -- stand to receive $100 million each in flexible grants and tax breaks for local businesses...