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Congress Passes Bill to Modify Housing Programs

Friday, July 15, 2016 - 11:00AM

The U.S. Senate yesterday unanimously passed the Housing Opportunity through Modernization Act of 2016, which is expected to be signed into law by the president shortly. Among other provisions, the bill would streamline Housing Choice Voucher program requirements, allow Section 8 project-based housing choice voucher contract terms to be extended from 15 to 20 years, place a limitation on public housing tenancy for over-income families and protect Section 8 housing choice voucher holders from displacement due to fair-market rent fluctuations.

Tune in to the July 19 Tax Credit Tuesday podcast to learn more. 

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