president obama: Update: H.R. 3700/ S. 3083 Signed into Law
- 08/01/16 09:11 AM
As we predicted on July 20th, H.R. 3700/ S. 3083 (also known as the Housing Opportunity Through Modernization Act of 2016), the bipartisan housing legislation that passed through Congress without receiving a single “no” vote, was signed into law by President Obama on Friday, July 29th. The new law will reform HUD’s Section 8 housing voucher program (and any other family rental assistance programs) by requiring public housing agencies (PHAs) to develop new systems to properly review the incomes of families receiving assistance, to cease assisting families with assets exceeding $100,000, and a cap on project-based vouchers (those vouchers tied to the unit, … (9 comments)
As we predicted on July 20th, H.R. 3700/ S. 3083 (also known as the Housing Opportunity Through Modernization Act of 2016), the bipartisan housing legislation that passed through Congress without receiving a single “no” vote, was signed into law by President Obama on Friday, July 29th.
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