Bill Details

S.1203 - 119th Congress

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Status
  1. Introduced
  2. Passed House
  3. Passed Senate
  4. To President
  5. Law
Latest action
2025-03-31 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced Date
2025-03-31
Policy Area
Housing and Community Development
6
0

AI Summary This summary was generated by AI from the bill text. AI can get information wrong.

This bill would give the federal housing agency permission to spend $2 billion on extra rental vouchers for places where population growth has made housing harder to afford. The money would be used to help local housing agencies give more tenant-based housing assistance in areas that have grown quickly and have not received enough vouchers to meet local needs. The goal is to better match housing aid with where people are actually moving, so lower-income renters in fast-growing communities have a better chance of finding affordable homes.

  • The money would go to public housing agencies in high-growth areas based on population, unmet housing need, and past shortages in voucher funding.
  • To qualify, an area must have more than 100,000 people and be one of the 25 places in the U.S. with the highest population growth from 2012 to 2022.
  • The bill authorizes $2 billion for fiscal year 2025.
  • That funding would also be available for renewals in later years until the money is used up.

Official Summaries

No summaries available

Current Full Text

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 1203 Introduced in Senate (IS)]

<DOC>






119th CONGRESS
  1st Session
                                S. 1203

 To authorize the appropriation of $2,000,000,000 for rental vouchers 
           for high population areas, and for other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             March 31, 2025

 Mr. Gallego (for himself, Ms. Rosen, Ms. Cortez Masto, and Mr. Kelly) 
introduced the following bill; which was read twice and referred to the 
            Committee on Banking, Housing, and Urban Affairs

_______________________________________________________________________

                                 A BILL


 
 To authorize the appropriation of $2,000,000,000 for rental vouchers 
           for high population areas, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Housing Vouchers Fairness Act''.

SEC. 2. RENTAL VOUCHERS FOR HIGH GROWTH POPULATION AREAS.

     Section 8(o) of the United States Housing Act of 1937 (42 U.S.C. 
1437f(o)) is amended by adding at the end the following:
            ``(23) Rental vouchers for high growth population areas.--
                    ``(A) In general.--The Secretary shall, each year, 
                using amounts appropriated pursuant to subparagraph 
                (B), provide additional assistance in an equitable 
                manner to each eligible public housing agency for 
                tenant-based assistance, based on the population in the 
                area served by the public housing agency, the extent to 
                which existing voucher allocations of the eligible 
                public housing agency do not meet its housing 
                affordability needs, and historical shortfalls in 
                providing assistance to such eligible public housing 
                agency as a result of voucher formula allocations not 
                keeping pace with population growth over the period 
                identified in subparagraph (C)(ii).
                    ``(B) Authorization of appropriations.--There are 
                authorized to be appropriated to Secretary to carry out 
                this paragraph $2,000,000,000 for fiscal year 2025, 
                which shall be available for renewals in each fiscal 
                year thereafter until expended.
                    ``(C) Eligible public housing agency defined.--For 
                the purposes of this paragraph, the term `eligible 
                public housing agency' means a public housing agency 
                that administers Federal housing assistance for an area 
                that, as determined by the Secretary--
                            ``(i) has a population of greater than 
                        100,000; and
                            ``(ii) is one of 25 areas in the United 
                        States that experienced the highest population 
                        growth between 2012 to 2022.''.
                                 <all>