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Wednesday, February 27, 2013

Sequestration: Cuts to Montgomery County's Housing Authority

Part Three of a Four-Part Series: How budget cuts may impact the housing authority.

As Democrats point fingers to the Republicans and Republicans point fingers at the Democrats, the one thing not happening in Congress is the stoppage of sequester. As it stands, the impact of the changes will begin as early as midnight on Thursday. But how will this change impact those in Montgomery County? Another hard-hit department may be that of Housing and Urban Development (HUD). Joel Johnson, executive director of the Montgomery County Housing Authority knows this fact all too well. Funded through the U.S. Department HUD, his department’s funding is in jeopardy with the fiscal year only half over. “We receive four monies from four pots,” said Johnson. “Depending on Congressional allocation, the amounts vary.” Two types of funding, …

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Thursday, January 10, 2013

More Residents Made Eligible for Bryn Mawr HUD Home

The asking price is $190,000.

(Editor's note: The following announcement comes from Lower Merion Township staff.) The Lower Merion Affordable Housing Corporation, in cooperation with Lower Merion Township, is accepting applications for the affordable first-time homebuyers program. The Affordable Home Ownership Program's next home will be an end-unit townhome, located at 1048 Floyd Terrace in Bryn Mawr, Lower Merion Township. It has 3 bedrooms, 1 ½ baths, a front porch and off-street parking. Special preference will be given to people who currently live or work in Lower Merion, former residents and active Lower Merion volunteer firefighters. The asking price is $190,000.  Homebuyers must meet eligibility requirements including income restrictions, good credit and …

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