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U.S. House approves Section 8 voucher reform

Posted by: VHFA on July 24, 2009 - 9:39am

Yesterday the U.S. House Committee on Financial Services approved the Section 8 Voucher Reform Act of 2009 (H.R. 3045).

The bill would establish a stable, fair and cost-effective funding system for the Section 8 program and ensure no tenant is ever at risk of losing housing assistance because of unexpected budget shortfalls.

The bill would also restore previous assistance levels by authorizing 150,000 new vouchers.

The Section 8 Housing Choice Voucher Program provides rental housing assistance to 2 million low-income families nationwide.

Read more about H.R. 3045 at the House site.