Bill 118 s 3463, also known as the Eviction Prevention Act of 2023, is a piece of legislation introduced in the US Congress with the aim of addressing the issue of rising eviction rates across the country. The bill seeks to provide assistance to individuals and families who are at risk of losing their homes due to financial hardship.
One of the key provisions of the Eviction Prevention Act is the establishment of a national rental assistance program. This program would provide financial support to low-income renters who are struggling to make their monthly rent payments. The goal of this program is to prevent evictions and keep families in their homes.
Additionally, the bill includes measures to increase funding for affordable housing initiatives and to expand access to legal assistance for tenants facing eviction. It also aims to improve communication and coordination between landlords and tenants to help resolve disputes before they escalate to eviction proceedings.
Overall, the Eviction Prevention Act of 2023 is a comprehensive piece of legislation that seeks to address the root causes of eviction and provide support to vulnerable individuals and families. If passed, this bill has the potential to make a significant impact in reducing eviction rates and ensuring housing stability for all Americans.