Feds eye private sector as tool to offset housing cuts
By Associated Press
COLUMBUS, Ohio — Housing and Urban Development Secretary Ben Carson said Wednesday he expects to release a policy agenda within the next few months that delivers “bang for the buck,” partly by encouraging more private-sector collaboration.
In an interview with the Associated Press, Carson said he expects to advance public-private partnerships, extending low-income housing tax credits and providing more opportunities for public-housing residents to get jobs at the buildings where they live.
“The biggest tools are the partnerships — public, private, nonprofit and faith community partnerships — which allow us to leverage those federal dollars, anywhere from 2, 3, 4, 5 to 20-to-1,” Carson said.