Senator Padilla Introduces Legislation to Invest $532 billion towards Homelessness & Affordable Housing

Senator Alex Padilla (D-CA) announced legislation to invest nearly $532 billion over ten years aimed at addressing homelessness and affordable housing challenges across the country. The Housing for All Act of 2022 would authorize federal funds to support a range of proven housing programs, including: $45 billion annually for the national Housing Trust Fund for FY 2022–2031; $40 billion for HOME; $14.5 billion for Project-Based Rental Assistance; $2.5 billion for the 202 Supportive Housing for the Elderly program; and $1.2 billion for Section 811 Supportive Housing for People with Disabilities. In addition, the act authorizes $5 billion over ten years for McKinney-Vento Emergency Solutions Grants, which help people quickly regain stability in permanent housing after experiencing a housing crisis or homelessness.

The legislation directs $15 billion over ten years for Continuum of Care grants and creates a minimum allocation for permanent housing for people with disabilities and families experiencing homelessness, among other priorities. The bill would also expand HUD’s Housing Choice Voucher (HCV) program to support people experiencing homelessness and make HCVs available for all extremely low-income families, authorize $40 million for the Eviction Protection Grant program to support the provision of legal assistance at no cost to low-income tenants at risk of or subject to eviction, and provide $500 million to support acquisition, rehabilitation, renovation, or conversion efforts that address the needs of individuals experiencing homelessness and housing instability, including hotel and motel conversions. Representatives Ted Lieu (D-CA-33) and Salud Carbajal (D-CA-24) will lead the introduction of companion legislation in the House of Representatives.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s