Bill > HR1047

This bill, titled the Housing Assistance Efficiency Act, makes two key changes to federal programs aimed at assisting the homeless. First, it amends the McKinney-Vento Homeless Assistance Act to allow private nonprofit organizations, in addition to state and local governments and public housing agencies, to manage permanent housing rental assistance distributed through the Continuum of Care Program, which is a federal initiative designed to help individuals and families experiencing homelessness find stable housing. Second, it modifies the Emergency Solutions Grants Program, also part of the McKinney-Vento Act, by reducing the frequency with which the Department of Housing and Urban Development (HUD) must reallocate unused or returned housing assistance funds from twice a year to at least once a year, aiming to streamline the process of making these funds available for those in need.