New Legislation Aims to Bolster Affordable Housing Special from the National Apartment Association
O
n May 20, 2021, Senators Coons (D-Del.) and Kramer (R-N.D.) introduced S. 1820, the “Choice in Affordable Housing Act,” a bipartisan piece of legislation that will increase investment and reduce programmatic barriers to attract and retain robust housing provider participation in the Section 8 Housing Choice Voucher (HCV) program. The National Apartment Association (NAA) proudly supports the
“Choice in Affordable Housing Act” and applauds both senators for their work on this bill, which addresses many of the burdensome barriers that complicate and deter housing providers’ participation in the HCV Program. Importantly, the proposal maintains the voluntary nature of the program, as Congress intended. The HCV program is the nation’s primary and most successful rental subsidy program. Over the years, NAA has
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Lee Walker Appraisals Orange, CA 92867 24
Apartment News
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July 2021
continued to strongly support the program as a central part of the solution to the housing affordability crisis. However, reforms are needed to relieve its inefficiencies, eliminate burdensome regulatory requirements and incentivize more housing provider participation. A U.S. Department of Housing and Urban Development (HUD)-funded study found that 68 percent of rental New Legislation — continued on page 26
Do you know…
AAOC has continually fought and prevailed against Rent Control in Orange County since 1961?
