Bill Text: NJ SR90 | 2018-2019 | Regular Session | Amended
Bill Title: Opposes Department of Housing and Urban Development plan to raise rents for persons receiving federal assistance.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Passed) 2018-07-01 - Filed with Secretary of State [SR90 Detail]
Download: New_Jersey-2018-SR90-Amended.html
Sponsored by:
Senator BRIAN P. STACK
District 33 (Hudson)
SYNOPSIS
Opposes Department of Housing and Urban Development plan to raise rents for persons receiving federal rental assistance.
CURRENT VERSION OF TEXT
As introduced.
A Senate Resolution expressing opposition to the Department of Housing and Urban Development's plan to raise rents for persons receiving federal rental assistance.
Whereas, The United States Department of Housing and Urban Development ("HUD") has proposed a plan that would increase the amount of rent paid by persons who receive federal rental assistance through HUD; and
Whereas, According to estimates by the Center on Budget and Policy Priorities, approximately 150,000 low-income households in New Jersey rely on federal rental assistance through HUD and about 99 percent of these households would see their rents increased under HUD's rent increase plan; and
Whereas, According to the same estimates, New Jersey households receiving federal rental assistance pay an average of $4,620 annually in rent, which would increase by $830 a year, or 18 percent, under HUD's rent increase plan; and
Whereas, New Jersey is experiencing an affordable housing crisis involving high and ever rising prices and a dwindling supply of affordable units, which is particularly severe in the State's urban areas, and which only would be exacerbated by HUD's rent increase plan; and
Whereas, It is altogether fitting, proper, and in the public interest, for this House to express opposition to HUD's rent increase plan, which would be detrimental to the many thousands of low-income New Jerseyans who rely on federal rental assistance and would see their rents sharply increase under the plan; now, therefore,
Be It Resolved by the Senate of the State of New Jersey:
1. This House expresses its opposition to and disapproval of the United States Department of Housing and Urban Development's proposed plan to increase the amount of rent paid by persons who receive federal rental assistance.
2. Copies of this resolution, as filed with the Secretary of State, shall be transmitted by the Secretary of the Senate to the President and Vice President of the United States, the United States Secretary of Housing and Urban Development, and each member of Congress elected thereto from this State.
STATEMENT
This resolution would express opposition to the United States Department of Housing and Urban Development's ("HUD") proposed plan to increase the amount of rent paid by persons who receive federal rental assistance through HUD. According to estimates, many thousands of New Jersey households would face substantial rent increases under HUD's rental increase plan. New Jersey is already experiencing a housing affordability crisis, a problem which is particularly severe in the State's urban areas. HUD's rent increase plan would only exacerbate housing affordability in New Jersey.
