Urge the Senate to Make Needed Voucher Reforms Deadline is Friday Sept. 16th
Monarch Housing along with the National Low Income Housing Coalition (NLIHC), has always prioritized enactment of voucher reform legislation. Reforms in this legislation will save money, simplify rent setting in HUD’s largest programs, and bring a reliable funding system to the voucher program.
In late 2010, House and Senate stakeholders reached broad agreement on a Section 8 voucher reform draft bill that would result in more than $700 million in savings over the next five years. The draft bill would accomplish responsible and important cost savings and would also streamline the administration of HUD’s rental assistance programs.
The House has already begun to move forward with companion legislation called the Section Eight Savings Act (SESA), demonstrating the continuing bipartisan support for common-sense improvements to the voucher and other rental assistance programs.
The Senate needs to act on voucher reform legislation this fall, and to work expeditiously to reach agreement with the House to enable the President to sign this long over-due bill into law.