Starrett City Tenants Praise Housing Relief Bill

Monday, July 28, 2008

Tenants of Starrett City in Brooklyn are praising the federal housing relief bill, which needs only President Bush's expected signature to become law. The legislation focuses mainly on alleviating the foreclosure crisis, but it also extends government subsidies for the sprawling complex on Jamaica Bay that's in the process of being sold.

At a press conference in Starrett City, Senator Hillary Clinton said the legislation will help any buyer maintain the housing as affordable.

Last year federal housing officials blocked the sale of Starrett after residents and elected officials complained the buyer was paying too much for the property to be able to keep rents low.

A new winning bid is expected in September.


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