U S Plans 810000 Housing Units From Slums Program
The United States will launch a public housing program aimed at lifting 25 million low income residents from slums through 810 000 family units over six years, with total federal aid between 7 and 12 billion dollars over 40 years plus loans. Funds go to cities and communities to clear slums and build low rent housing, while rents average about 23 dollars plus utilities.