Section 8: Third time lucky, or three strikes you’re out?
Last week the Administration released its proposed restructuring of Section 8, the “Flexible Voucher Proposal,” a subtitle in the hopefully named “State and Local Flexibility Act of 2005.”
Our lengthy analysis of the FVP — – has now been posted (link in .pdf) on
Recap’s Web site.
The FVP proposal addresses the Heisenberg Funding Uncertainty Principle by opting, as everybody expected it would, unhesitatingly for dollar-funding rather than units-funding.
If enacted, this will be the most sweeping reform in nearly forty years, and an effective repeal of what has become known as the Brooke Amendment …
Edward W. Brooke, III
The first black senator since Reconstruction
Former head of the National Low Income Housing Coalition
… whereby resident rent contributions are dynamically means-tested (currently at 30% of income)
Twice before the Administration has made similar proposals (.pdf link). This is the most ambitious yet.
Third time the charm, or …
