The Center on Budget and Policy Priorities has updated its analysis of the Section 8 Voucher Reform Act to incorporate changes made in the bill by the Financial Services Committee, which approved it on May 24. According to CBPP, for 2007, housing agencies generally are receiving a 5 percent boost over their program cost in 2006, adjusted for inflation, and therefore should be able to serve additional families and/or ameliorate program restrictions they adopted to restrain costs. To access the revised paper, click here. To access the side-by-side comparison of the act with current law, click here. To help advocates and agencies better understand how to respond to the 2007 funding awards in light of what Congress may do for 2008, CBPP is holding a funding audioconference on Tuesday, July 17 at 2 p.m. ET. To participate, send an e-mail to Anton Marx with the following information: name, organization, address, city, state, zip code, and phone number. Also indicate which of the list (below) best describes your organization: advocacy, congressional staff, federal government, foundation or funder, housing developer/owner, housing finance, legal services, local government, media, other housing services, public housing agency, research, state government, or tenant/tenant organization.