Low Income Housing Facing Big Cuts

Low Income Housing Facing Big Cuts

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(Salt Lake City-AP) -- Low income renters fear they're a step closer to homelessness.

A combination of proposed federal housing fund cuts and expiring subsidy contracts are cause for worry for many low-income residents.

Many are elderly, physically and mentally handicapped and can't work.

They plan to pitch a proposal to the City Council Tuesday night that puts a stop to cutting low-income housing and instead preserves existing units by offering incentives for building owners or buyers.

The 'No Net Loss' initiative calls for funds from Olympics-related revenues to be formally given to save Section 8 housing.

A spokesman for the mayor says if federal housing funds are threatened, they'll have to work it out with their federal representative.

(Copyright 2003 by The Associated Press. All Rights Reserved.)

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