Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Would a “dollar-based” funding structure for the voucher program work better than the current unit-based structure, as the Administration argues?

0
Posted

Would a “dollar-based” funding structure for the voucher program work better than the current unit-based structure, as the Administration argues?

0

No. The current voucher program was created by the 1998 legislation that merged the voucher program and the tenant-based housing certificate program. Under the housing certificate program, which was three times as large as the voucher program, housing agencies received funding based on the cost of the number of housing subsidies HUD had awarded to them, while under the voucher program as it operated before 1998, agencies received funding as fixed dollar amounts. When these two programs were merged to form the current voucher program, HUD chose to fund each agency based on the actual cost of the number of vouchers the agency was authorized to administer. It did so on the unanimous recommendation of a broad-based committee of stakeholders Congress required it to form to examine this issue. The committee determined that under a unit-based funding structure, funding levels would be far more responsive to changes in housing costs and other economic conditions than under a dollar-based struc

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123