Housing Future Looks Bright But Is Dependent On The Job Market: Diana Olick

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Need for housing challenges mentally ill

Norman Grayson, whose background is making his search for housing difficult, is a client at Adaptive Behavioral Services Inc. Behind him is Kevin M. Jordan, general manager and chief administrative officer of Adaptive Behavioral Services.

“Right now, we’re at 100 percent. I have a waiting list of 13 to 15 people,” said Jeff Huber, CEO of Supportive Services, which has 77 units of housing in 28 Beaver County properties. “We have no openings whatsoever, and I don’t know anybody else who has any.” Pittsburgh Mercy has about 115 units in various parts of the city. “We always have them full, and yes, there are waiting lists,” said Stephanie Chiappini, program manager for Pittsburgh Mercy’s homeless assistance programs, collectively known as Operation Safety Net.
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Federal Housing Administration Said to Plan for Taxpayer Subsidy

The government mortgage insurer will draw the money from the U.S. Treasury to shore up its insurance fund by Sept. 30, the end of the current fiscal year, said the people who asked not to be identified because the action hasnt been announced. Federal budget officials are working to determine the exact size of the cash infusion, the people said. White House officials projected in April that the FHA would need about $1 billion. The agency, which is required to keep enough money on hand to cover all projected future losses, has authority to take the money without prior approval from Congress.
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BOE to Remain ‘Vigilant’ On U.K. Housing Market