Funding for the Future : Browse Recent Ideas

As challenges may arise in funding sources, how can CHA best prioritize resources available for supportive services to CHA residents?

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• -16 votes

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  Funding for the Future »

  Cut CHA Budget

  Some of us have been discussing lobbying and calling our elected officials to cut CHA's budget drastically. Call Senator Durbin and Senator Kirk offices and request that that they slash the HUD budget, with the goal of eventually eliminating it. And call your state and local reps demanding they slash and eventuallly eliminate the budget for CHA. This program has never worked and it would be more insanity to think that ...more »

  Some of us have been discussing lobbying and calling our elected officials to cut CHA's budget drastically. Call Senator Durbin and Senator Kirk offices and request that that they slash the HUD budget, with the goal of eventually eliminating it. And call your state and local reps demanding they slash and eventuallly eliminate the budget for CHA. This program has never worked and it would be more insanity to think that it would now.

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  Submitted by jnelson 1 year ago

• 6 votes

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  Funding for the Future »

  Market Rate refinancing

  The market rate owners of mixed income units should get a refinancing deal with current rates. Market rate owners put a lot on the line financially and are a driving force in putting TLC at these developments.

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  Submitted by Michael Frauendorff 1 year ago

• 10 votes

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  C.H.A. shedding risk unrelated to providing housing

  My proposal is based on information found on line and as such is an aggregate proposition so please don't hassle with details concentrate on the spirit of my idea. The 2012 budget for C.H.A is $ 881,000,000.00 the number of adults living in C.H.A. housing is 20,000. $881,000,000.00 / 20,000 adult residents = an operating cost of service of $44,050.00 per adult per year. the average rent for a nice apartment in Chicago ...more »

  My proposal is based on information found on line and as such is an aggregate proposition so please don't hassle with details concentrate on the spirit of my idea.

  The 2012 budget for C.H.A is $ 881,000,000.00 the number of adults living in C.H.A. housing is 20,000. $881,000,000.00 / 20,000 adult residents = an operating cost of service of $44,050.00 per adult per year. the average rent for a nice apartment in Chicago in a clean and fine neighborhood can be about $ 1200.00 per month or $14,000.00 per year utility's may add another $ 3,000.00 for a total of $ 17,000.00 per year as you can see this is far less than the $44,050.00 per adult per year presently spent by C.H.A. By providing this lower cost of services directly to the recipient more people can be helped or the overflow cold be diverted to other programs to help people get ahead, and allowing them to determine the how's and where's would indeed bring some sense of control and Independence always fosters a desire to succeed.

  Transforming C.H.A. from a property maintains company and tenant liability manager to a housing fund manager would allow them to help more people and shed all unrelated risk.

  Tom F.

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  7 comments for Idea: C.H.A. shedding risk unrelated to providing housing

  Submitted by falls_tom 1 year ago

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