Menendez introduces Senate version of 811 reform bill

by Richard Brown on September 25, 2008

in Supportive Housing

Identical to House approved version

Reform bill will make major improvements to

Senator Menendez and Richard W. Brown at the 2nd Annual Congressional Reception

and Richard W. Brown at the 2nd Annual Congressional Reception

Senator Robert Menendez introduced the Frank Melville Supportive Housing Investment Act of 2008 to reform the housing program. This legislation, which is identical to the House Committee-passed version (HR 5772), will make significant changes and improvements to the for Persons with Disabilities program. The bill will be co-sponsored by Senator Charles Schumer of NY.

Click here to read the bill introduced by .

To read the full House bill which was approved last week click here. The House bill, H.R. 5772, was cosponsored by New Jersey Congress members Pallone, Rothman and Sires.

The legislation introduced by would authorize a new Project Rental Assistance Contract Demonstration program that would leverage new set-asides of units in Low Income Housing Tax Credit properties; reform the existing program to better leverage other capital funding and reduce barriers to “mixed-finance” projects; streamline processing requirements and remove regulatory barriers; and shift fiscal responsibility for the -funded Mainstream Housing Choice Voucher program to the Section 8 budget.

To read an overview of Frank Melville Investment Act of 2008 in Opening Doors click here.

To view a side by side comparison of Frank Melville Investment Act of 2008 and the current program click here.

To read our posts on this important legislation click here.

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