HB 05336 Summary

• Commissioner of Housing must assess and equalize housing assistance payments under state rental assistance programs with federal Housing Choice Voucher Program payments by January 1, 2025, based on unit characteristics and resident income levels.

• Reexamination of tenant eligibility for rental assistance programs must occur no more frequently than biennially unless required by federal law, with extended twenty-four-month periods between recertifications for families with earnings increases.

• Commissioner of Housing must adopt a qualified allocation plan by August 1, 2025, that prioritizes Low-Income Housing Tax Credit funding based on regional affordable housing needs rather than location or lowest credit cost per unit.

• Housing authorities and developers must provide receipts to applicants and maintain public lists of housing project applications, with variable rental rates permitted based on family income.

• All provisions take effect October 1, 2024.