PASCRELL PRAISES PASSAGE OF SECTION 8 VOUCHER REFORM ACT
In the pursuit of stronger families and more vibrant communities, U.S. Rep. Bill Pascrell, Jr. (D-NJ-08) voted in the House of Representatives to approve the Section 8 Voucher Reform Act (SEVRA) of 2007. SEVRA was approved last night by a vote of 338-83.
The legislation would benefit public housing programs by creating 100,000 new rental assistance opportunities, improving program efficiencies, providing vouchers for first time home purchases, and encouraging self-sufficiency by providing employment incentives.
"This legislation is all about creating new opportunities for families to rent homes, own homes, work, and increase their earning potential," stated Pascrell. "It is a landmark measure that invests in stronger families and communities in an efficient, intelligent manner."
SEVRA would make a positive impact locally by permanently fixing the outdated funding formula that has endangered hundreds of families in the City of Passaic. It would increase the number of families receiving vouchers by eliminating inefficiencies that have resulted in $1.4 billion in unused funds. In addition, the bill would protect housing authorities adversely affected by formula change by allowing them to use voucher reserves to maintain the number of families being assisted.
"Today we applied a permanent fix to a mistake that posed an imminent threat to the families who rely Section 8 vouchers. I am relieved to have the House of Representatives' support behind my work to ensure that affordable housing opportunities are readily available to serve families in the City of Passaic, and throughout the country. No family should ever endure the uncertainty of not having a place to call home."
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