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HUD Sets Limits on Executive Pay

Posted by | June 11, 2012 | Housing Authority

HUD

WASHINGTON — The Department of Housing and Urban Development is instituting a permanent salary cap of $155,000 for top officials at public housing authorities, following reports of oversized compensation packages that included roughly $600,000 for the top official at the Atlanta Housing Authority.

Atlanta Housing Authority President and Chief Executive Renee Glover and top executives at housing authorities in Los Angeles, Philadelphia and Chelsea, Mass., received excessive salaries in 2010, according to data from a national compensation survey conducted by HUD. It said Glover received $644,241.

“When Americans across the country are struggling to make ends meet and then they turn around and see public officials making hundreds upon hundreds of thousands of dollars, it just creates public cynicism about the federal government,” said Steve Ellis, vice president of Taxpayers for Common Sense, a nonpartisan budget watchdog organization.

The new plan would make the limits permanent and apply them to all forms of compensation paid for with federal money.

The regulations would cap salaries for top officials at $125,926 at housing authorities with between 250 and 1,249 units and at $88,349 for agencies with fewer than 250 units.  Find our list of section 8 jobs.

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