The bill would make permanent changes to Section 3 of the U.S. Housing Act of 1937 by making any family on a fixed income (social security included) get re-certified every 3 years. This is a change from current policies, which require recertification each year.
In addition, the bill would increase the standard deduction for seniors from $400 to $675 and change the exemption for medical deductions to expenses that exceed 10% of a senior’s income, instead of expenses in excess of 3% of income.
“These provisions were picked up from previous versions of Section 8 Voucher Reform legislation as ways to streamline the Section 8 program,” said LeadingAge on its website.
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Written by John Yedinak