Representative Jose Serrano (D-NY) introduced H.R. 3215 on July 12 to increase funding for the Public Housing Capital Fund to $5 billion annually, including $600 million each year to reduce lead paint and other health hazards, through 2020. Congress has underfunded the repair and rehabilitation of public housing developments for decades. In FY17, the Public Housing Capital Fund received just $1.9 billion.
“While there is more than $26 billion in public housing capital needs, it is critical that we start prioritizing the health and well-being of our constituents,” Mr. Serrano stated. This investment in capital improvements is critical to protecting the health of public housing residents and extending the life of these community assets.
Seventeen representatives have cosponsored the bill to-date.
Read the bill here: http://bit.ly/2vtCJKS.