This past year, the Obama Administration laid out a strategic plan to prevent and end homelessness. It combined the efforts of the Departments of Housing and Urban Development (HUD), Health and Human Services (HHS), and Veterans Affairs (VA).
Titled Opening Doors: Federal Strategic Plan to Prevent and End Homelessness, it sets specific goals for ending homelessness among veterans by 2015 and one of the rest of the Included in the plan is a wish to produce secure and affordable housing more accessible to individuals that are homeless or in danger of becoming homeless. Steady employment is an integral component to secure housing, and a great education is crucial to stable employment, and that’s the reason why lawmakers are working to expand low-income housing tax credit (LIHTC)-financed housing accessibility to displaced students.
Present LIHTC housing requirements, which can be determined by the Internal Revenue Service (IRS), prohibit full-time pupils from accessing low-income homes unless the pupil is a single parent. A bill introduced in the House would change that. H.R. 3076, filed by Representatives Jim McDermott, Keith Ellison, and Erik Paulsen would expand access to the low-income homes by permitting homeless youth to qualify for the home, even if As it’s written, current IRS regulations force homeless youth to choose between pursuing higher education or getting off the road – but they can not do both.
The student rule wasn’t initially targeted at homeless youth, but rather at schools and average college students. The concern was that, unless a”pupil” provision was included, Low-Income Housing Tax Credits could be used to construct college dormitories, and students – whose low-income is normally temporary – would take cheap units from households whose fiscal challenges were more intense and long-term. In a statement released by Congressman McDermott’s office, he’s quoted as saying”Young people grappling with homelessness should not have to choose between going to college fulltime and having a roof on affordable housing inventory that’s already unable to adequately support low-income households.
The bill was referred to the House Ways & Means Committee where it awaits mark-up. In addition to searching for ways to improve housing stability, agencies involved in Opening Doors are increasing attempts to enhance families’ financial stability and health. The agencies are also searching for ways to enhance the efficacy of current homeless services so that individuals get help more quickly, which the objective of returning people to