[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 8678 Introduced in House (IH)]
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118th CONGRESS
2d Session
H. R. 8678
To amend certain Acts to adjust rental payments with respect to certain
Federal rental assistance programs, and for other purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
June 11, 2024
Mr. Bowman (for himself and Mrs. Watson Coleman) introduced the
following bill; which was referred to the Committee on Financial
Services
_______________________________________________________________________
A BILL
To amend certain Acts to adjust rental payments with respect to certain
Federal rental assistance programs, and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Fair Adjustments for Income-based
Rental Costs Act'' or the ``FAIR Costs Act''.
SEC. 2. ADJUSTMENTS TO RENTAL PAYMENTS WITH RESPECT TO CERTAIN FEDERAL
RENTAL ASSISTANCE PROGRAMS.
(a) United States Housing Act of 1937.--The United States Housing
Act of 1937 (42 U.S.C. 1437 et. seq.) is amended--
(1) in section 3(a)(1)(A), by striking ``30'' and inserting
``20'';
(2) in section 8(o)(2)(A)(i), by striking ``30'' and
inserting ``20''; and
(3) in section 9(e)(2)(A)--
(A) in clause (vi), by striking ``and'' at the end;
(B) by redesignating clause (vii) as clause (viii)
and by moving such clause 1 em to the right; and
(C) by inserting after clause (vi) the following:
``(vii) the amount of public housing rental
income forgone by the public housing agency as
a result of lowering the percentage of monthly
adjusted income for the calculation of rental
payments; and''.
(b) Housing Act of 1949.--Section 521(a)(3) of the Housing Act of
1949 (42 U.S.C. 1490a(a)(3)) is amended by striking ``30'' in each
place it occurs and inserting ``20''.
(c) Housing Act of 1959.--Section 202(c)(3) of the Housing Act of
1959 (12 U.S.C. 1701q(c)(3)) is amended by striking ``30'' and
inserting ``20''.
(d) Cranston-Gonzalez National Affordable Housing Act.--Section
811(d)(3) of the Cranston-Gonzalez National Affordable Housing Act (42
U.S.C. 8013(d)(3)) is amended by striking ``30'' and inserting ``20''.
SEC. 3. TECHNICAL ASSISTANCE FOR APPLICANTS FOR ADMISSION TO A PUBLIC
HOUSING PROJECT.
Section 9(h)(1) of the United States Housing Act of 1937 (42 U.S.C.
1437g(h)(1)) is amended by inserting ``applicants for admission to a
project,'' after ``organizations,''.
SEC. 4. AUTHORIZATION OF APPROPRIATIONS WITH RESPECT TO CERTAIN FEDERAL
RENTAL ASSISTANCE PROGRAMS.
(a) United States Housing Act of 1937.--The United States Housing
Act of 1937 (42 U.S.C. 1437 et. seq.) is amended--
(1) in section 9(c)(2)(A), by striking ``, and 2003'' and
inserting ``2003, 2025, and each fiscal year thereafter'';
(2) in section 9(c)(2)(B), by striking ``, and 2003'' and
inserting ``2003, 2025, and each fiscal year thereafter''; and
(3) in section 8, by adding at the end the following new
subsection:
``(ee) Authorization of Appropriations for Tenant-Based
Assistance.--There are authorized to be appropriated, for fiscal year
2025 and each fiscal year thereafter, such sums as may be necessary for
tenant-based assistance under subsection (o).''.
(b) Housing Act of 1959.--Section 202(m) of the Housing Act of 1959
(12 U.S.C. 1701q(m)) is amended to read as follows:
``(m) Authorization of Appropriations.--There is authorized to be
appropriated such sums as may be necessary to carry out this
section.''.
(c) Cranston-Gonzalez National Affordable Housing Act.--Subsection
(m) of section 811 of the Cranston-Gonzalez National Affordable Housing
Act (42 U.S.C. 8013(m)) is amended by striking the period at the end
and inserting ``, and such sums as necessary for fiscal year 2025 and
each fiscal year thereafter''.
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