WASHINGTON, DC-In what could be the federal government’s biggest push in recent times to address low-income housing needs, the US House of Representatives passed a bill last night that could overhaul the housing voucher program.
Called the Section 8 Voucher Reform Act of 2007, the legislation, which passed 333-83, would amend the United States Housing Act of 1937 to change certain aspects of the Department of Housing and Urban Development's rental assistance programs.
Among other changes, the bill alters calculations of income, tenant rent, and public housing authority funding, change requirements for the inspection of housing units, and adjust requirements for the targeting of housing assistance.
The bill would add 20,000 vouchers a year over five years to the program. CBO estimates that implementing this legislation would have a net cost of $2.4 billion.
19 hours ago