July 11, 2018

Get Up to Speed on HUD Rent Proposals in 7 Minutes

On July 10, 2018 by Bobbie Guidry

A new, seven-minute QuickCast from LeadingAge is a fast way for members to get up to speed on HUD and Congressional proposals to change how rents of HUD-assisted residents, including older adult residents, would be calculated.  

As part of its fiscal year 2019 budget proposal, HUD has proposed to eliminate medical expense deductions for older adults, change the definition of what it means to be an "eldery household" for purposes of rents and work requirements, and shift from calculating rents at 30 percent of adjusted income to 30 percent of gross income, among other changes. 

Congressman Dennis Ross (R-FL) has also proposed changes to rents for HUD-assisted residents. The QuickCast reviews the HUD and Ross proposals, both of which LeadingAge strongly opposes. 

Watch Proposed Rent Reform for HUD-Assisted Residents in LeadingAge's Learning Hub, under Hub Products.