Housing Choice Vouchers: New Landlord Incentives and Tenant Deposit Aid
This bill aims to increase the number of landlords participating in the Housing Choice Voucher program, particularly in high-opportunity neighborhoods. It introduces one-time incentive payments for landlords in low-poverty areas and provides assistance to cover security deposits for tenants. These changes are designed to expand housing choice and further fair housing.
Key points
Landlords in census tracts with a poverty rate of less than 20 percent can receive a one-time incentive payment for entering into a housing assistance payment contract.
Introduction of security deposit assistance for tenants, with priority given to owners of units occupied by extremely low-income families.
Allowing inspection requirements to be met through participation in other housing programs (e.g., LIHTC) and introducing pre-lease inspections.
Authorization of $100 million for each of fiscal years 2025 through 2029 for a fund supporting landlord recruitment and incentive payments.
Status:
Introduced
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