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Frank Introduces Legislation to Fully Fund Section 8 Program

Wednesday, May 5, 2004 - 1:45AM

Rep. Barney Frank (D-Mass.) yesterday introduced legislation to fully fund the Section 8 program to counteract a new U.S. Department of Housing and Urban Development (HUD) policy on reimbursing local housing authorities for Section 8 Housing Choice vouchers. The measure would clarify the calculation of per-unit costs payable under expiring annual contributions contracts for tenant-based rental assistance that are renewed in fiscal year 2004. HUD’s new policy is an interpretation of the fiscal year 2004 appropriations act and several housing industry organizations have warned that the policy change could create a funding crisis for hundreds of housing agencies and affect thousands of voucher holders. H.R. 4263 was introduced with 24 co-sponsors and was referred to the House Committee on Financial Services.

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