Funds for Low-Cost Housing in Cites
The johnson administration has decided to seek help from private enterprise in meeting the urgent requirements of urban slum areas. This is the import of President Johnson's Oct. 2 announcement of a federal test program to attract more private help in creating jobs in areas of hard-core unemployment. Businesses willing to build or expand in a ghetto will find some of their risks reduced by a number of types of government assistance. To succeed, the President said, the venture will require “the concerted action and involvement of the private sector working closely with the federal government.”
Riots in a number of cities this past summer make it clear that measures to better the quality of life in slum districts are ...