Bill > S890

This bill aims to increase the number of landlords participating in the Housing Choice Voucher program (HCV), which helps low-income families, elderly, and disabled individuals afford housing in the private market. The bill introduces several key provisions to incentivize landlord participation, including one-time incentive payments for landlords who rent units in low-poverty areas, security deposit assistance, and landlord liaison bonus payments for public housing agencies. The bill establishes the Herschel Lashkowitz Housing Partnership Fund with $100 million annually from 2025 to 2029 to support these initiatives. Additionally, the bill proposes changes to housing quality standards, allowing inspections from other housing programs to count towards HCV requirements, and mandates the use of small area fair market rents in more metropolitan areas. The legislation also requires the Secretary of Housing and Urban Development to submit annual reports evaluating the effectiveness of these measures in recruiting and retaining landlords, particularly in high-opportunity neighborhoods. The bill includes $7 million in annual funding for the Tribal Housing and Urban Development-Veterans Affairs Supportive Housing program and aims to address the declining landlord participation in the HCV program, which has seen an average of 10,000 housing providers leaving annually between 2010 and 2016.

Housing and Urban Affairs

https://www.congress.gov/bill/119th-congress/senate-bill/890/all-info