@diana_talks_realestate: Big changes are coming to Section 8 Housing Choice Vouchers this fall — and millions of families across the United States could be impacted. The federal budget proposal for 2026 is pushing for the largest overhaul of the program in decades. If approved, these changes could dramatically reduce the amount of assistance available to low‑income renters. Here’s what’s on the table: • 43% funding cut to federal housing assistance, shifting money from HUD to state‑controlled block grants. • Two‑year time limit for able‑bodied adults who are not elderly or disabled, cutting the average assistance period by more than half. • Strict work requirements to keep housing vouchers, requiring proof of employment or participation in a job program. • Reduced rent subsidies, meaning housing authorities will cover less of your rent — in some cities, cuts of 10% or more are already happening. Why this matters: • More than 4 million households rely on Section 8 to keep their homes. • Up to 1.6 million families could lose their vouchers completely if these changes go through. • Waiting lists could freeze or close entirely, making it nearly impossible for new applicants to get help. • Housing advocates warn this could trigger mass evictions and a spike in homelessness nationwide. What’s next: If passed, these changes would start October 1, 2025, when the new federal fiscal year begins. Local housing authorities would then roll out new rules, which could vary from state to state. #section8 #fyp

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Tuesday 05 August 2025 18:15:26 GMT