PropertyProf Blog

Editor: Stephen Clowney
Univ. of Arkansas, Fayetteville

Wednesday, April 3, 2013

The Sequester & Housing Assistance

Douglas Rice highlights that sequestration could deny rental assistance to thousands of low-income families:

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.

Steve Clowney

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