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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.)
