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CRHA to hold public meeting today on new avenue for funding
The Daily Progress Thursday, October 10, 2013 at midnight

As federal subsidies for public housing rents and property maintenance dry up, the Charlottesville Redevelopment and Housing Authority is considering changing the way its public housing units receive federal money.

The authority hopes to apply to the United States Department of Housing and Urban Development’s Rental Assistance Demonstration, which would allow the authority to leverage properties to fund maintenance and lock in rental assistance at the 2012 level for 20 years.

The HUD website describes Rental Assistance Demonstration as a two-part program utilizing either long-term Section 8 rental assistance, or project-based housing vouchers based on the cost to operate similar public housing developments.

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