NYC could revoke rent vouchers for 10,000Posted: Updated:
(AP) - The New York City Housing Authority says it might have to revoke rent-assistance vouchers from more than 10,000 low-income tenants.
The federal government gave the agency less money than expectedfor the "Section 8" program.
General Manager Michael P. Kelly says the "dire option," whichcould begin this summer, would be a last resort.
The Housing Authority is seeking federal and state aid.
But the state faces a big deficit.
Assistant Secretary Sandra Henriquez of the Department ofHousing and Urban Development tells The New York Times the federalgovernment cannot be expected to cover the shortfall.
Instead of revoking the vouchers, the city could reduce theirvalue. But then landlords, tenants or both would have to absorb thecost.