Reorganization could have negative consequences for middle-class families, including seniors & people with disabilities
Greensboro, NC – April 29, 2013 – (RealEstateRama) — U.S. Senator Kay Hagan today sent a letter to Shaun Donovan, the Secretary of the Department of Housing and Urban Development (HUD), requesting that he reconsider a reorganization plan thatwould force dozens of North Carolinians to relocate, take a buyout or retire early. This week, HUD announced plans to downsize the Greensboro Multifamily Hub as part of nationwide reorganization.
“I am deeply concerned about the impact that this decision could have on middle-income families, the elderly, the disabled, HUD employees and many others in NorthCarolina,” Hagan wrote in her letter to Secretary Donovan. “I am concerned that a reorganization that moves North Carolina employees to another state could lead to a drain of local knowledge and delays in the project approvalprocess.”
The Greensboro Multifamily Hub processes applications for multifamily housing projects in North Carolina that are designed to increase the supply of quality and reasonably priced rental housing. Sponsors frequently meet with Hub employees to determine feasibility of a particular project prior to its approval, and these North Carolina-based employees remain engaged with investors, builders, developers and others throughout the complex closing process.
“Employees at HUD’s Multifamily Hub possess direct knowledge of North Carolina and are best situated to evaluate project applications and participate in closings,” Hagan wrote in the letter. “I am also concerned about the impact that this decision will have on North Carolina families who are currently employed at the Greensboro Multifamily Hub. HUD’s employees affect by this change would be forced to relocate to another state or take retirement before they are ready.
“I would urge HUD to reconsider its decision to give careful consideration to the impact this change could have on the ability of HUD to serve middle-class families, theelderly and the disabled in North Carolina.”
Please click here to read Senator Hagan’s letter to HUD Secretary Shaun Donovan.