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as well as the purchase of foreclosed homes that can be refurbished and rented to low- and moderate-income families at affordable rates.

I knew THIS was coming.....

.....there goes every neighborhood, everywhere.

When people are "renting" government owned housing, they do not take care of it. The places are trashed within a year or two.

Some previously nice suburbs have some “ghetto” sections due to the Section 8 housing being located there.

Yep maybe “there goes the neighborhood”. There are empty and foreclosed homes in nice suburbs. So we’re going to “renovate” detached suburban homes into multi-family housing? Or rent these homes at below market rates to Section 8 people?

Since Section 8 and public housing are already major programs, do we really need another major government intervention to provide more housing for poor people?

Why is this even being discussed now. What happened to health care as the issue of the day?

"... I knew THIS was coming..... there goes every neighborhood, everywhere.

Me too. I've been worried about this since the stimulus bill. This scares me far more than the 'Health Care Reform' issue.

There are communities all over the USA where there's all sorts of empty standing foreclosed property that's essentially owned by the Federal government.

They don't even need to build high rise housing projects of the 1970s, rather merely move Section 8 renters into these distressed properties. Overnight, suburbia will have one or two 'families' on each street that came straight out of the ghetto. Chain link fences, bars on the windows, pit bulls, subsonic bass car stereo systems, graffiti, and unemployed young men sitting on the porch drinking and waiting for you to go off to work while you drive away in the morning holding your stainless steel commuter cup full of coffee.

'Leave It To Beaver' meets 'Boyz N Tha Hood' with a stroke of Obama's pen. They'll probably move them in from hundreds or thousands of miles away under some Federal 'Fresh Views 2010' program designed to 'relieve urban crowding in disadvantaged communities'.

This is like having former NYC mayor David Dinkins for President.

“When people are “renting” government owned housing, they do not take care of it. The places are trashed within a year or two.”

Which is the very reason Bush encouraged ownership.

In my area the city just completed destruction of a large section of condemned “project housing.”

I totally agree with you...I was a housing maintenance manager before I retired..I looked after 5,000 units. We had caretakers in every project but it made no difference..something happens to people who live in subsidised housing.

I even had single moms with a couple of children who had until their marriage breakups lived in private houses. They were often the worst..all their common sense seemed to evaporate. They just didn’t care anymore...went into one unit where the kids had removed the kitchen cabinet doors to use them as tobbogans.

I reckon that of the 5,000 units we looked after 60% of them were trashed..every month we repainted over 300 units some with only one year of usage.

If you want to see your tax money wasted bigtime...let your illustrious leader open thousands of public housing units.