Sequester cuts could leave 15,000 rural people without their rental subsidies, Vilsack says

Tom Vilsack

Federal budget cuts from the "sequester" legislation could cost 15,000 low-income elderly and disabled people in rural areas their rental subsidies, Agriculture Secretary Tom Vilsack told the House Appropriations Committee today.

USDA's rural rental assistance program helps low-income tenants live in government-funded housing," Mary Clare Jalonick reports for The Associated Press. "Vilsack said the money for that program could run out in August or September and the lack of rental assistance could not only have an impact on the tenants but also the owners of the apartment complexes." (Read more)