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Search Results: keywords:"fair costs act"

  • H.R. 8678, known as the “Fair Adjustments for Income-based Rental Costs Act” or the “FAIR Costs Act,” aims to modify various housing acts to lower the percentage of income that families must pay for rent under certain federal rental assistance programs from 30% to 20%. The...

    Simple Explanation

    H.R. 8678 is a bill that tries to help people who need help paying for their homes by making it cheaper. It wants to change the rules so that people pay less money from their income for rent, and it plans to keep giving money to help even after 2025.