President's Budget Would Strengthen Housing Voucher Program
The Center on Budget and Policy Priorities has issued a new analysis of the Obama Administration’s 2011 budget request for the Housing Choice (Section 8) Voucher program. The President’s budget requests $17.1 billion to renew vouchers in 2011, an increase of $875 million above the 2010 funding level. This amount is likely to be just enough to renew all vouchers in use this year, according to the Center’s preliminary estimates. In contrast, freezing voucher renewal funding at its 2010 level would cause approximately 100,000 low-income families to lose housing assistance.
Read the full report here or download a pdf version from the Center on Budget and Policy Priorities' website at http://www.cbpp.org/cms/index.cfm?fa=view&id=3145.
Source: Center on Budget and Policy Priorities