Rental Assistance Falls

 

Sequestration Could Deny Rental Assistance to 140,000 Low-Income Families
Cuts Come at Time of Rising Need for Housing Assistance and Will Exacerbate Homelessness

by Douglas Rice

The budget cuts known as “sequestration,” initiated on March 1, will likely force state and local housing agencies to cut the number of low-income families using Housing Choice Vouchers to afford housing by roughly 140,000 by early 2014.

This represents a sharp break from Congress’ bipartisan commitment — which it has met for most of the voucher program’s nearly 40-year history — to renew assistance for at least the same number of families from year to year. Thousands of other low-income families using vouchers could face sharp rent increases because of sequestration.

Read the entire article by going to:  http://www.cbpp.org/cms/index.cfm?fa=view&id=3945