Tuesday, April 6, 2010

President’s Budget Would Strengthen Housing Voucher Program

Center on Budget and Policy Priorities

President's Budget Would Strengthen Housing Voucher Program
Yet Need for Rental Assistance Will Continue to Far Exceed Capacity of Federal Programs

By Douglas Rice

"In a budget that would freeze overall funding for non-security discretionary (i.e., non-entitlement) programs, the Administration has made the renewal of Section 8 Housing Choice vouchers a priority. The President's budget requests $17.1 billion to renew vouchers in 2011, an increase of $875 million above the 2010 funding level. This amount is likely to be just enough to renew all vouchers in use this year, according to the Center's preliminary estimates. In contrast, freezing voucher renewal funding at its 2010 level would cause approximately 100,000 low-income families to lose housing assistance."

View the full report:
http://www.cbpp.org/cms/index.cfm?fa=view&id=3145
http://www.cbpp.org/files/4-6-10hous.pdf 7pp.

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