From January 2012, before sequestration cuts took effect, to June 2014, the number of Housing Choice vouchers being used to house low income families dropped by 100,000.
This finding supports one of Monarch Housing Associate’s key federal policy priorities that Congress should provide sufficient funding to renew Section 8 Housing Choice vouchers in use in 2014 and include in the FY 2015 appropriations $320 million for 40,000 targeted vouchers.
“It’s essential that Congress provide enough funds in 2015 to renew all of the vouchers issued in 2014 and make further progress in reversing the voucher losses under sequestration. To achieve this goal, Congress should fund vouchers at least at the level that the Senate Appropriations Committee approved in June.
Freezing voucher renewal funding at the 2014 level would lock in the loss of up to 85,000 of the 100,000 vouchers eliminated under sequestration.”