Sign Up For Novogradac Industry Alert Emails

HUD Rent Reform Proposal Would Raise Rents, Allow Imposition of Tenant Work Requirements

Wednesday, April 25, 2018 - 1:45PM

U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today released the Making Affordable Housing Work Act of 2018, legislative text proposing rent reforms that include rent increases for certain households and would allow public housing agencies (PHAs) and owners to impose work requirements on families and individuals receiving housing assistance. The proposal would also require PHAs and owners to verify income every three years instead of annually. HUD also released a section-by-section bill summary. The legislative text has not been introduced in Congress, although Rep. Dennis Ross, R-Fla., has circulated a similar discussion draft bill.

Learn more about Novogradac's expertise and many services