Public Housing: Fact Sheet on the New Operating Fund Formula

McCarty, Maggie

Library of Congress. Congressional Research Service.

关键词: Housing;    Public housing;    Federal aid to housing;   

RP-ID  :  RS22557
RP-ID  :  RS22557_2007Jan04

美国|英语

来源: UNT Digital Library

【 摘 要 】

The local public housing authorities (PHAs) that administer the federal public housing program will begin receiving their annual federal operating subsidies under a new formula in January 2007. As a result, some will experience an increase in their eligibility for funding and others will experience a decrease, although both increases and decreases will be phased in (over two and five years, respectively). However, the amount that a PHA qualifies for under the new formula (whether it is an increase or a decrease) will be reduced if Congress appropriates less money than is necessary to fund all agencies at 100% of their eligibility. This report provides a brief overview of the changes to the public housing operating fund formula that will take place in FY2007.