Earlier this week, U.S. Housing and Urban Development Secretary Shaun Donovan testified before the U.S. House Committee on Financial Services on the Preservation, Enhancement and Transformation of Rental Assistance Act (TRA), an initiative proposed in the FY-2011 budget to streamline HUD’s rental assistance programs and revitalize the existing stock of public and assisted housing.
“This legislation not only reflects our best thinking at HUD – but perhaps more importantly our best listening, incorporating the lessons we’ve learned from Congress and other stakeholders about what it takes to build strong neighborhoods and help families make the housing choices they need. By streamlining HUD’s rental assistance programs and by allowing them to link housing investments to surrounding neighborhoods, this legislation fulfills President Obama’s commitment to ensuring that all families can live in sustainable, vibrant communities of opportunity and choice.”
The text of Donovan’s full testimony is available through HUD’s website.
