Federal Rent Assistance: Lowering Tenant Contribution from 30% to 20% of Income.
This bill significantly reduces the maximum percentage of adjusted monthly income that tenants in federal rental assistance programs (like Public Housing and Section 8) must pay for rent. The required contribution drops from 30% to 20%, providing substantial financial relief for low-income families. The legislation also authorizes necessary funding to ensure housing programs remain stable despite lower tenant payments.
Key points
The maximum rent contribution for tenants in federal housing assistance programs (e.g., Section 8) is reduced from 30% to 20% of their adjusted monthly income.
The bill authorizes necessary appropriations starting in Fiscal Year 2025 to cover the funding gap resulting from lower tenant payments, ensuring program stability.
Technical assistance provided by organizations will now explicitly cover applicants seeking admission to public housing projects, improving access.
Expired
Additional Information
Print number: 118_HR_8678
Sponsor: Rep. Bowman, Jamaal [D-NY-16]
Process start date: 2024-06-11