According to a new analysis from the Center on Budget and Policy Priorities (CBPP), the shortfall in the voucher program immediately threatens rental assistance in about 400 state and local housing agencies. Cumulatively, these agencies will need an additional $130 million in funding for vouchers in 2009 to avoid drastic cuts in rental assistance and to restore assistance where cuts have already been made.
As of May 2009, shortfalls among housing agencies in Washington totaled nearly $1.6 million, leaving vouchers for 404 families completely unfunded.
The CBPP report goes on to show that states will have few good options should congress fail to approve additional funds for the voucher program. These options include:
- Denying vouchers to eligible families on waiting lists, even when slots become available;
- raising rents on voucher families;
- reducing rents paid to property owners; and
- terminating vouchers for participating families.
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