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Sequestration Continues to Limit Housing Choices

Center on Budget and Policy Priorities
 

After sequestration funding cuts in 2013, most housing agencies were forced to reduce the amount of housing vouchers they could offer. By the end of that year, agencies were serving 70,000 fewer families than the previous year. As of June, that number had climbed to 100,000 according to a Center on Budget and Policy Priorities report, Sequestration’s Rising Toll: 100,000 Fewer Low-Income Families Have Housing Vouchers

Agencies may be restoring some of those vouchers, but not nearly at the rate that’s needed. Just 1 in 4 eligible low-income households receives housing vouchers or other federal rental assistance. Rents are historically high, said the report. Wages have remained stagnant or worse.

One solution? Increase funding for housing vouchers in the final 2015 funding bill for the Department of Housing and Urban Development (HUD).

You can read more here.

 
 

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