25,000 Wealthy Family Living In Subsidized Housing – HUD Refuses To Kick Them Out!

A New York City family living in taxpayer-subsidized government housing makes $497,911 a year – but HUD wants them to stay. The NYC family reportedly pays $1,574 a month to live in a three bedroom apartment approved under public housing regulations. HUD subsidizes apartment complexes, duplexes, and single-family homes.

The New York family making big bucks and living in public housing is not the only potential case of taxpayer abuse discovered by a Department of Housing and Urban Development watchdog group.A Los Angeles family of five that earned $202,784 last year has lived in subsidized government housing since 1974. In Nebraska a public housing tenant with over $1.6 million ins assets paid only $300 last year for a one-bedroom apartment in the city of Oxford, according to a new report, by the HUD watchdogs. Click here to read more about HUD allowing wealthy families to live in ‘government’ subsidized housing.