A bill to amend the United States Housing Act of 1937 to promote a stable economic mix of families residing in public housing by authorizing public housing agencies to establish maximum monthly rents for such housing based on unsubsidized monthly rents, debt service and operating expenses, or other relevant factors.
Public Housing Rental Stabilization Act - Amends the United States Housing Act of 1937 to authorize any public housing agency to require tenants of one of its projects to pay monthly rent based on the unsubsidized rents for comparable dwelling units in the area, the average monthly amount of debt service and operating expenses attributable to similar units of its other projects, or other relevant factors. Limits such rent to the amount payable under current provisions of such Act and the maximum amount that is approved by the Secretary of Housing and Urban Development.
Introduced in House
Introduced in House
Referred to House Committee on Banking, Finance and Urban Affairs.
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