By FRANCISCO E. JIMENEZ
The federal sequester is approximately $85 billion in cuts of government agencies over a span of seven months, this after a compromise on deficit reduction could not be achieved by Republicans and Democrats in the Senate. Also included in the sequestration is approximately $109 billion in cuts over the next eight years.
According to SBHA Executive Director Arnold Padilla, Section 8, the voucher program, has taken some hits as a result.
“Like most housing authorities across the states, any reductions in funding affect families we assist,” Padilla said Thursday.
So how much exactly is Section 8 affected? Padilla estimated that the voucher program is funded 88 percent of what was budgeted the previous year.
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