Congressional Renters Caucus Calls for Expansion of Rental Assistance and Housing Programs

Thursday, 2 May 2024, 18:43

The Congressional Renters Caucus is advocating for increased funding for federal rental assistance programs to address the lack of affordable housing in the U.S. With over 45 million households renting, the Caucus, led by Rep. Jimmy Gomez (D-Calif.), seeks support from House Appropriations Committee leaders to enhance rental assistance and housing protections amid rising rental costs and homelessness concerns.

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The Congressional Renters Caucus Advocates for Federal Rental Assistance

The Congressional Renters Caucus, led by Rep. Jimmy Gomez (D-Calif.), urges House Appropriations Committee leaders to boost funding for federal rental assistance as the U.S. faces an affordable housing crisis.

Challenges in the Housing Market

Rising Rental Costs: Rents surged by nearly 30% during the pandemic, burdening over half of renters who spend more than 30% of their income on rent.
Homelessness Concerns: A record 653,000 individuals experienced homelessness last year, attributed to escalating housing prices.

The Renters Caucus stresses the need for increased rental assistance, housing options, and renter protections to combat the current housing crisis.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.