CHN: House Passes Low-Income, Senior Housing Bills

The House passed a bill to reauthorize a program through 2006 that allows the Department of Housing and Urban Development (HUD) to lower excessive rental assistance payments under the Section 8 housing voucher program. The bill also has provisions that would enable HUD to restructure Federal Housing Administration-insured mortgages so that landlords will still be able to cover mortgage payments with the reduced rents.The House also passed a bill that grants another year to a housing commission – charged with devising a plan to link seniors’ housing, assisted living centers, and health care facilities – to complete its study. Originally due to expire on December 31, 2002, the commission now has until March 31, 2003 to file its plan.

 

Housing and Homelessness