[Weekly Compilation of Presidential Documents Volume 36, Number 37 (Monday, September 18, 2000)]
[Pages 2051-2052]
[Online from the Government Publishing Office, www.gpo.gov]
<R04>
Statement on the Need for Congressional Action on Housing Vouchers
September 12, 2000
I am pleased that, today, Secretary of the Department of Housing and
Urban Development Andrew Cuomo is announcing a plan to increase payment
levels for Section 8 housing choice vouchers. Raising the fair market
rent level in certain difficult housing markets across the country will
increase the pool of apartments affordable to low-income renters by more
than 1.4 million units nationwide. This important initiative builds on
the significant progress the Vice President and I have made on
affordable housing--boosting homeownership to record levels,
transforming public housing, stemming the losses of privately assisted
housing, expanding the role of secondary markets, and enlarging the
supply of housing vouchers for hard-pressed working families.
This decision to change rent guidelines to reflect a changing market
complements the 110,000 new housing vouchers secured through the efforts
of my administration working with Congress in the past 2 years. These
housing vouchers subsidize the rents of low-income Americans, enabling
them to move closer to job opportunities--many of which are being
created far from where these families live. The new rent rule will give
voucher holders more choice and mobility than they have under current
regulations.
I urge Congress to again join us in making make more housing
available to hard-pressed working families, including those moving from
welfare to work, by funding my FY 2001 budget request for 120,000 new
housing vouchers. In addition, our proposal for an innovative $50
million Housing Voucher Success Fund would enhance the effect of this
fair market rent increase by helping families pay for the cost of
transportation and other housing search services they need to access
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a wider range of available units. These budget proposals would expand
the supply of affordable housing for the 5.4 million very low income
families who pay more than half their incomes for housing or live in
severely inadequate units, including a growing number of families
working full time.
More than 50 years ago, the Nation committed itself to the goal of a
``decent home and a suitable living environment for every American
family.'' Today's action brings us a step closer toward that goal.