By Jim Kuhnhenn, Washington
http://www.businessweek.com/ap/2012-06/D9V6VV8O0.htm
The Obama administration is clamping down on excessive pay at public housing authorities, setting caps that extend and expand limits imposed by Congress. The action comes as the administration revealed that the top official at the Atlanta housing agency received a compensation package of $644,214, the highest in the country.
After conducting a national compensation survey, the U.S. Department of Housing and Urban Development plans to set a maximum salary ceiling of $155,000 for public housing agency officials, according to two senior administration officials. The cap applies to the portion of executive salary paid with federal money. It does not require congressional action.
The national survey of 2010 salaries found that while most local public housing officials were compensated in amounts at or under the new limit, a few top local housing officials were getting at least twice that amount, including Atlanta Housing Authority executive director Renee Glover, who has led the city’s agency since 1994. Her total compensation in 2010 included salary, bonus and other benefits, the officials said.
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