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NJ SR70

NJ SR70
Memorializes Congress to increase funding for Section 8 housing vouchers and revise program requirements to enhance award of vouchers.


summary

Introduced
02/08/2024
In Committee
02/08/2024
Crossed Over
Passed
Dead

Introduced Session

2024-2025 Regular Session

Bill Summary

This resolution would memorialize Congress to enact and the President to sign legislation to:· increase the funding for the Section 8 housing voucher program;· provide housing authorities with discretion to exceed fair market rents in the basic range by at least 20% rather than the 10% that is allowed under current regulations;· provide housing authorities with greater discretion to exceed current requirements concerning the percentage of family income that may be allocated towards the payment of rent; and· authorize housing authorities to utilize federal funding for the preliminary costs necessary to enroll new voucher recipients.

AI Summary

This resolution memorializes the United States Congress to take specific actions to improve the Section 8 housing voucher program, which is a federal initiative that helps very low-income families, elderly, and disabled individuals afford housing in the private market. The resolution requests Congress to increase funding for the program, provide housing authorities with more flexibility in setting rental rates by allowing them to exceed fair market rents by at least 20% (instead of the current 10%), grant housing authorities greater discretion in determining what percentage of family income can be allocated to rent, and authorize the use of federal funds to cover initial enrollment costs for new voucher recipients. The resolution highlights the critical need for these changes, noting that many New Jersey residents are currently unable to obtain or utilize Section 8 vouchers due to restrictive program limitations, and emphasizes that affordable housing is essential in helping people escape poverty.

Committee Categories

Housing and Urban Affairs

Sponsors (1)

Last Action

Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee (on 02/08/2024)

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