THIS IS A NATION-WIDE CALL TO ACTION Petition In Opposition To The Privatization Of Nationwide Public Housing. The future of Public Housing will transform into profit driven ENTITY. In a stunning move that targets the poor, the Obama administration is pushing hard to privatize our nation’s 1.2 million public housing units, in addition to proposing a radical change to the way 13 major federal subsidized housing programs, including the Section 8 voucher program, are being funded by Congress. HUD assists over 4.5 million low-income residents in the nation’s housing programs.

SAVE PUBLIC HOUSING: OPPOSE PETRA We, the undersigned, oppose the Housing and Urban Development (HUD) Department's plan titled "Preservation, Enhancement and Transforming Rental Assistance Act of 2010" which will allow for a mortgage to be taken out against Public Housing through private banks and other private funding interests. Taking out a mortgage against our public housing places it at risk for foreclosure and jeopardizes public ownership, tenant rights, and long term affordability of the property. Loss of our public housing to banks and other private interests will displace low income tenants and increase homelessness. Transforming Rental Assistance will also provide permanent mortgage interest income to banks through public property, which is unprecedented in American History.

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