The Housing Voucher Funding Reallocation Act
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Overview
This bill aims to redistribute unused funds from the Housing Choice Voucher program to public housing agencies that are struggling to meet the demand for vouchers. It directs the Department of Housing and Urban Development to take back any voucher funds that a public housing agency didn’t use during a fiscal year and then give those funds to other agencies that have exhausted their voucher funding. The goal is to better allocate resources and increase access to housing vouchers for more people.
Key provisions
- Requires the Secretary of HUD to recapture unspent voucher funds.
- Directs HUD to redistribute these funds to public housing agencies.
- Focuses on public housing agencies that have used all available voucher funding.
- Excludes administrative fees and other specific funding streams from the recapture process.
Who is affected
- Public Housing Agencies
- Individuals and families seeking housing vouchers
- The Department of Housing and Urban Development (HUD)
Notable changes
- Creates a mechanism for reallocating unused voucher funding.
- Shifts funds from agencies with unused vouchers to those with exhausted funding.
Bill text
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Sponsors
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1 on record
Primary sponsor
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