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Income-based housing benefit: Difference between revisions
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BT Online. "[http://www.businesstoday.in/sectors/infra/house-rent-government-vouchers-payment/story/247697.html Government might soon pay your house rent through vouchers in 100 Indian cities]." March 9th, 2017. [http://www.businesstoday.in/sectors/infra/house-rent-government-vouchers-payment/story/247697.html http://www.businesstoday.in/sectors/infra/house-rent-government-vouchers-payment/story/247697.html].<br/>
== Universal housing vouchers ==
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=== Bipartisan Policy Center proposal (2013) ===
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''"We recommend providing the expanded assistance through a reformed housing voucher program. To reduce costs, we further recommend that, as families currently enrolled in the housing voucher program turn back their subsidies due to rising household income or other factors, all newly available vouchers be issued to extremely low-income households, ensuring that voucher assistance is deeply targeted to the households with the greatest needs.118 Households who qualify for the program and subsequently experience increased income would not immediately lose assistance; however, these households would be expected to make an increased payment that is proportionate to their increase in income." <br/> (p.89).<br/> <br/> According to an analysis prepared for the commission by Abt Associates, the estimated annual cost of providing this increased coverage is approximately $22.5 billion.d This is the estimated cost of providing a Housing Choice Voucher type subsidy to currently unassisted, cost-burdened renter households with incomes at or below 30 percent of AMI who would be expected to participate in such a program were it available. The estimated cost takes into consideration resources that are projected to become available, over time, as the existing voucher program shifts from serving households up to 80 percent of AMI to serving households with incomes that do not exceed 30 percent of AMI." <br/> (p.90)''
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