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Rachel M. Cohen is a writing fellow at The American Prospect. Her work has appeared in the Washington Monthly, Dissent, Next City and The Forward.
It could be more cost-effective to just appropriate more direct funds to the program and keep it in the public sector, but Congress is not about to do so.
Traditional public housing is out of favor and substantially out of funds. It’s bureaucratic, concentrates the very poor, and is literally crumbling due to a huge backlog of deferred maintenance.