Housing Choice Vouchers Program

The Housing Choice Vouchers Program is a federally funded program for public housing. The program is in place to provide a good standard of living to low income families, the elderly, and people with disabilities. This program provides a housing subsidy paid for by the federal government for these families to find a private house. In this program residents are not restricted to the public housing communities provided by their Public Housing Authority. If residents find an owner willing to accept the voucher than they can live in any apartment or house of their choice. This program helps these low income families live in a better community or a community with more wealth. HUD has reported, however, that this program is being underfunded. HUD has cited that funding problems for this program make it difficult for the program to be implemented at a high performing and efficient manner. HUD has requested a budget increase for the 2016 fiscal year in order to correctly implement this program. This would be a $490 million increase from the 2015 fiscal year. The main financial problem with this program is covering administrative costs.