U.S. Housing and Urban Development Department officials were in Atlanta Tuesday to reveal policy changes to two subsidy programs as part of the Biden administration’s push to increase the supply of affordable housing.
Richard J. Monocchio, the principal deputy assistant secretary for HUD’s Office of Public and Indian Housing, introduced a new rules for the Housing Choice Voucher and the Project Based Voucher subsidy programs for low-income families, published Tuesday on the Federal Register.
Speaking at the senior community of Ashford Parkside Apartments in the City of Brookhaven, Monocchio said the agency had tweaked the programs to ease the burdens on housing authorities and tenants, and help build more communities like Ashford.
“We’ve simplified [the Project Based Voucher] program,” he told The Atlanta Journal-Constitution. “We’re going to make it easier for housing authorities to get the financing they need to build more units, and allow people to get on a site-based list so they can pick the community they want to live in.”
According to HUD officials, the rule changes will increase the supply of affordable housing — a key policy concern for President Joe Biden as he campaigns for a second term.