Gainesville Housing Authority Faces Million Dollar Shortfall
Published May 27th, 2011
The Gainesville Housing Authority is more than a million and a half dollars in the hole. It is trying to dig itself out by raising the rent by lowering the amount of assistance it can give residents. Instead of paying 95 cent on every dollar of rent, the authority will only pay 80 cents. The change had many tenants worried about how they'll come up with the difference.
"It feels like they are feeding you to the sharks and they don't care if you sink or swim," said resident Ari Goldman.
For a full report, watch the video on the right side of the page.
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