“To authorize the appropriation of $2,000,000,000 for rental vouchers for high population areas, and for other purposes.”
No CRS summary available for this bill.
This section establishes a Rental Vouchers for High Growth Population Areas program under the Section 8 Housing Choice Voucher program (i.e., tenant-based rental assistance enabling low-income families to rent privately owned housing). The program authorizes $2 billion for FY2025—available until expended for renewals in subsequent fiscal years—for the Secretary of Housing and Urban Development to provide additional assistance each year, allocated equitably to eligible public housing agencies based on served population, unmet housing affordability needs relative to existing vouchers, and historical shortfalls from formula allocations lagging population growth from 2012 to 2022. Eligible agencies serve areas with populations exceeding 100,000 that rank among the 25 highest population growth areas nationwide over that period.