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Scottsdale housing agency: voucher costs rising, HUD reserves drawn down
Summary
At a May 8 Scottsdale Housing Agency Governing Board meeting, staff presented up-to-date Housing Choice Voucher data showing rising per-unit costs, increased budget utilization, a draw on HUD-held reserves and demographic trends affecting program costs.
Mary, a housing agency staff member, presented the Scottsdale Housing Agency's Housing Choice Voucher (HCV) data to the Governing Board on May 8, outlining participant demographics, per-unit costs, HUD-held reserve levels and payment-standard practices.
The presentation showed that 64% of current HCV participants identify as Caucasian and the largest age group is 50–64. Mary said that at admission 51% of participants were recorded as disabled, 36% as elderly and 16% as homeless, noting individuals can fall into more than one category. She told the board, “As of December of 2023, we had $1,100,000 in…
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