United States Congress
Helping More Families Save Act
March 11, 2024
Summary
S. 3904 would create a pilot program allowing public housing agencies and private owners of Section 8 properties to establish escrow accounts for families whose rent increases due to increased earned income. Funds are available after five years or when the family leaves welfare, with a cap of 5,000 accounts across at least 25 entities. The program aims to help families build savings while transitioning off assistance.
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Source: https://www.congress.gov/bill/118th-congress/s-bill/3904
Common questions
- What does "Helping More Families Save Act" cover?
- S. 3904 would create a pilot program allowing public housing agencies and private owners of Section 8 properties to establish escrow accounts for families…
- Which agency issued this update?
- This update was issued by United States Congress.
- When was it published?
- It was published on March 11, 2024.
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