Boosting Affordable Housing and Reforming Income Calculations
This act aims to increase affordable housing supply by allocating billions of dollars to housing programs. It also mandates an assessment of how area median income is calculated, which could affect eligibility for housing assistance and maximum rent prices.
Key points
Allocates $5 billion annually for 10 years to programs supporting affordable housing, especially in high-cost areas.
Requires an assessment and potential reform of how area median income is calculated, impacting housing assistance eligibility and rent limits.
Analyzes the effects of high housing costs on rent prices and income limits, focusing on urban areas.
Status:
Expired
Record your position for audit.
Why does your vote on bills matter?
It creates raw, undeniable proof. Civic Will provides the permanent data to verify the Government's loyalty towards its citizens
(explained here).
Start recording it now.