Housing Choice Voucher Tag Archives

Mayor Buttigeg Releases Housing Plan

Democratic presidential hopeful Mayor Pete Buttigieg (South Bend, IN) released An Economic Agenda for American Families which includes spending $430 billion on affordable housing measures. “He will enable more than 2 million more units of affordable housing to be built or restored where it is needed most, using billions of dollars of investments in the Housing Trust Fund, Capital Magnet Fund, HOME and CDBG funds, and the Low Income Housing Tax Credit.”

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Rep. Beto O’Rourke Releases Presidential Housing Plan

Former Representative Beto O’Rourke (D-TX) released his presidential housing plan, which calls for creating 3 million new homes through the National Housing Trust Fund; creating 3 million new homes through a $60 billion investment in the Capital Magnet Fund and investing $50 billion to rehab public housing; fully fund Housing Choice Vouchers. If elected president, he would also offer checking and savings accounts through the U.S. Postal Service; create Kickstart Savings Accounts, a two to one matched savings program on up to $1,000 per year per adult to help Americans save for a down payment or other asset building activity; establish a public credit reporting agency to make access to credit fairer and more equitable.

The U.S. Needs a National Vision for Housing Policy

In a new Issue Brief Vincent Reina, PhD with the University of Pennsylvania argues for a national housing policy in the face of unprecedented housing challenges. This Issue Brief lays out several policy prescriptions for improving housing affordability and fairness, both for renters and owners: modifying the federal Housing Choice Voucher program, as well as local and state land-use regulations; investing in the maintenance of existing affordable housing stock; making good on HUD’s Affirmatively Furthering Fair Housing requirements so as to reduce fair housing barriers; and promoting financing programs for retrofitting existing low-income housing, to increase energy efficiency and reduce overall costs. He argues that while each of these recommendations would be beneficial in and of themselves, what the U.S. ultimately needs is a broader and more complete national strategy for housing policy.

The Effects of Exposure to Better Neighborhoods on Children

New research from Raj Chetty, Nathaniel Hendren and Lawrence Katz examines the effect of the Moving to Opportunity (MTO) experiment on children’s long-term outcomes. Their estimates imply that moving a child out of public housing to a low-poverty area when young (at age eight on average) using a subsidized voucher like the MTO experimental voucher will increase the child’s total lifetime earnings by about $302,000. This is equivalent to a gain of $99,000 per child moved in present value at age eight, discounting future earnings at a three percent interest rate. The authors find that the additional tax revenue generated from these earnings increases would itself offset the incremental cost of the subsidized voucher relative to providing public housing.

Fiscal Year 2020 Fair Market Rents Released

HUD published the FY 2020 Fair Market Rents (FMRs) here. The FY 2020 FMRs will be effective October 1, 2019, unless there is a request for reevaluation by September 30, 2019. The Federal Register notice contains the procedures for such reevaluation requests. These FMRs are used in the Housing Choice Voucher, the Moderate Rehabilitation Single Room Occupancy and the project-based voucher programs, as well as other programs that require location-specific economic data.

HUD Publishes FY 2020 FMRs

Last week, HUD published the Fiscal Year (FY) 2020 Fair Market Rents (FMRs) in the Federal Register. The new rents will become effective on October 1, 2019 for the Housing Choice Voucher program and Moderate Rehabilitation Single Room Occupancy program, unless HUD receives a valid request for reevaluation of specific area FMRs. The notice also includes responses to public comments from the June 5, 2019 Federal Register notice announcing two method changes in the calculation of FMRs.

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DHS Moves Forward with Controversial Public Charge Rule

The Department of Homeland Security (DHS) released its Inadmissibility on Public Charge Grounds Final Rule. The rule denies visas to persons the government deems to be a ‘public charge’, through their income and potential use of federal programs like Section 8 Housing Choice Vouchers, Section 8 Project-Based Rental Assistance, and Public Housing programs, as well as Supplemental Nutrition Assistance Program (SNAP), Medicaid and parts of Medicare. The final rule significantly expands the list of federal programs that can be used to determine if someone is deemed a public charge and is scheduled to take effect on Oct. 15, 2019.

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Updated FY 2019 FMRs for 10 Areas – Effective April 1, 2019

HUD released the updated Fair Market Rents (FMRs) for the FY 2019 Housing Choice Voucher Program and Moderate Rehabilitation Single Room Occupancy Program for ten areas based on new survey data. The new FMS are effective as of April 15, 2019 and based on surveys conducted by the area public housing agencies and reflect the estimated 40th or 50th percentile rent levels trended to April 1, 2019.

2019 Fair market rent area FMR by number of bedrooms in unit
0 BR 1 BR 2 BR 3 BR 4 BR
Boston-Cambridge-Quincy, MA-NH HMFA $1,608 $1,801 $2,194 $2,749 $2,966
Burlington-South Burlington, VT MSA 992 1,202 1,544 2,008 2,087
Coos County, OR 538 684 837 1,210 1,394
Curry County, OR 629 777 979 1,416 1,574
Douglas County, OR 657 773 1,023 1,479 1,796
Oakland-Fremont, CA HMFA 1,409 1,706 2,126 2,925 3,587
Portland-Vancouver-Hillsboro, OR-WA MSA 1,131 1,234 1,441 2,084 2,531
San Diego-Carlsbad, CA MSA* 1,422 1,590 2,068 2,962 3,632
San Francisco, CA HMFA 2,069 2,561 3,170 4,153 4,392
San Jose-Sunnyvale-Santa Clara, CA 1,952 2,316 2,839 3,829 4,394