From Housing Alliance of Pennsylvania (http://www.housingalliancepa.org/):
While the slimmed-down reconciliation package is still taking shape, it is likely that much of the bill’s focus will be on addressing rising inflation. As the single largest component of the Consumer Price Index – a popular measure of inflation – the high cost of housing is a central driver of inflation. Targeted affordable housing investments are not only essential to ensuring that America’s lowest-income and most marginalized people have stable, affordable homes but will help address inflation by bringing down the cost of housing.
Please call your senators and representatives at https://housingalliancepa.org/take-action/#/102 to urge them to support the highest funding possible for affordable housing, homelessness, and community development programs in the FY23 spending bill and any budget reconciliation package.
FY23 Spending Bill Priorities Are:
- At least $32.13 billion for the Tenant-Based Rental Assistance (TBRA) program to renew all existing contracts and to expand housing vouchers to an additional 200,000 households.
- At least $5.125 billion for the Public Housing Capital Fund to preserve public housing, and at least $5.06 billion for the Public Housing Operating Fund.
- At least $3.6 billion for HUD’s Homeless Assistance Grants program to address the needs of people experiencing homelessness.
- At least $100 million for legal assistance to prevent evictions.
- A $10 billion investment in the Low-Income Housing Tax Credit (LIHTC) as well as other important technical changes and improvements.
Leave a Reply