The bill would add ways to encourage landlords to accept Housing Choice Vouchers. It would allow one-time payments to landlords for certain new rental units in areas with poverty rates below 20 percent, and help public housing agencies pay security deposits. It would also offer annual bonus payments to agencies that provide landlord liaison services. The bill would let some recent inspections from other housing programs count, allow new landlords to request an inspection before a voucher tenant is selected, and expand the use of ZIP Code-based rent limits in some metropolitan areas. It also authorizes funding for Tribal HUD-VASH and requires reports on the program's results.
If you use a Housing Choice Voucher, the bill could help your housing agency offer more rental options, including in lower-poverty areas. Your agency could pay some or all of a security deposit for your unit. If you are a landlord, the bill could offer an incentive payment for an eligible unit or make inspections and contact with the housing agency easier. These changes would depend on implementation by the Secretary of Housing and Urban Development and public housing agencies.
The bill authorizes $100 million per year for fiscal years 2025 through 2029 for the Herschel Lashkowitz Housing Partnership Fund, and $7 million per year for those years for Tribal HUD-VASH. It does not specify the amount of individual security deposit payments or landlord liaison bonuses. A one-time landlord incentive may not exceed 200 percent of the monthly housing assistance payment for the unit.
No publicly available information.
No publicly available information.