Expansion of housing choice voucher program

(a) Funding There is appropriated out of any money in the Treasury not otherwise appropriated, for providing incremental voucher assistance in accordance with this section for each of fiscal years 2025 through 2028, the amount necessary to fund— (1) the number of incremental vouchers required to be allocated under subsection (c); (2) annual renewals of the vouchers allocated under subsection (c); and (3) administrative fees for vouchers allocated under subsection (c). (b) Eligible households Amounts made available under subsection (a) may be used only for providing rental housing assistance under section 8(o) of the United States Housing Act of 1937 (42 U.S.C. 1437f(o)) for an eligible family who initially— (1) has an income that does not exceed 50 percent of the maximum income limitation for extremely low-income families established by the Secretary of Housing and Urban Development (in this section referred to as the Secretary) pursuant to section 3(b)(2)(C) of the United States Housing Act of 1937; or (2) is an extremely low-income family that includes an individual who is an individual who is a recipient of supplemental security income benefits under title XVI of the Social Security Act. (c) Allocation (1) Incremental vouchers The Secretary of Housing and Urban Development shall allocate 500,000 incremental vouchers in fiscal year 2025 and 1,000,000 incremental vouchers in increments of 500,000 in each calendar year from 2026 through 2028 under this section to public housing agencies pursuant to section 213(d) of the Housing and Community Development Act of 1974 (42 U.S.C. 1439). (2) Selection criteria The Secretary shall, by notice in the Federal Register, establish selection criteria under such section 213(d) that prioritizes housing needs among families targeted under subsection (b) and severe housing hardship, such as experiencing homelessness, overcrowding or evictions. (3) Rental assistance Vouchers allocated under this subsection shall be vouchers for rental assistance under section 8(o) of the United States Housing Act of 1937.