- Created: Friday, 18 January 2019 13:59
- Written by Laura Proescholdt
While some impacts of the now four-week federal government shutdown have been immediate, others are looming – and many are unknown. Advocacy groups across the country have been tracking the shutdown’s impacts on the ability of families and individuals to afford their homes.
Severe impacts for people and properties with HUD Project-based Rental Assistance
Of immediate and growing concern are impacts to the Department of Housing and Urban Development’s (HUD) project-based rental assistance program, which serves over one million people in the United States. This program provides funds to help make privately-owned properties affordable by paying for a portion of residents’ rent. To receive this rental assistance, property owners must renew their contract with HUD each year. As of January 5, HUD failed to renew 650 Section 8 Project-Based rental assistance contracts that had expired in December prior to the shutdown, impacting 21,500 low-wealth households. In January and February, HUD anticipates another 1,050 contracts will expire.