CONTINUED FEDERAL SHUTDOWN WILL FORCE LOS ANGELES COUNTY FAMILIES INTO HOMELESSNESS

City of Alhambra – October 3, 2013 – (RealEstateRama) — With the second day of the Federal shutdown in effect, local governments are bracing for the worst. The Housing Authority of the County of Los Angeles (HACoLA) operates affordable housing programs, such as the Housing Choice Voucher Program (Section 8), which rely on the Federal government for their funding. Section 8 provides housing to over 23,000 households in Los Angeles County, including seniors, disabled, homeless, mentally ill and the working poor. Because the earlier sequester required public housing authorities to draw down reserves from the U.S. Department of Housing and Urban Development (HUD) earlier in the year, HACoLA funding is nearly exhausted.