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Family Stability and Opportunity Vouchers Act of 2023

3/13/2024, 4:39 PM

Summary of Bill S 1257

The Family Stability and Opportunity Vouchers Act of 2023, also known as Bill 118 s 1257, is a piece of legislation introduced in the US Congress with the aim of providing support to low-income families in need of stable housing. The bill seeks to create a new program that would offer vouchers to eligible families to help cover the cost of housing and related expenses.

Under the proposed program, eligible families would receive vouchers that could be used to pay for rent, utilities, and other housing-related costs. The vouchers would be distributed based on a family's income level and the cost of housing in their area. The goal of the program is to help families stay in stable housing and avoid homelessness, which can have a negative impact on children's well-being and academic success.

In addition to providing financial assistance, the bill also includes provisions aimed at promoting economic stability and self-sufficiency among participating families. These provisions may include job training programs, financial literacy education, and other support services designed to help families improve their financial situation and achieve long-term stability. Overall, the Family Stability and Opportunity Vouchers Act of 2023 is intended to address the housing needs of low-income families and provide them with the support they need to achieve stability and economic security. The bill is currently being considered by Congress and may undergo changes before being voted on.

Current Status of Bill S 1257

Bill S 1257 is currently in the status of Bill Introduced since April 25, 2023. Bill S 1257 was introduced during Congress 118 and was introduced to the Senate on April 25, 2023.  Bill S 1257's most recent activity was Committee on Banking, Housing, and Urban Affairs. Hearings held. as of March 12, 2024

Bipartisan Support of Bill S 1257

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
2
Democrat Cosponsors
0
Republican Cosponsors
2
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 1257

Primary Policy Focus

Housing and Community Development

Potential Impact Areas

- Child care and development
- Child safety and welfare
- Education of the disadvantaged
- Elementary and secondary education
- Homelessness and emergency shelter
- Housing and community development funding
- Low- and moderate-income housing
- Poverty and welfare assistance
- Preschool education
- Public housing

Alternate Title(s) of Bill S 1257

Family Stability and Opportunity Vouchers Act of 2023
Family Stability and Opportunity Vouchers Act of 2023
A bill to authorize a new type of housing choice voucher to help achieve the goals of ending homelessness among families with children, increasing housing opportunities, and improving life outcomes of poor children.
A bill to authorize a new type of housing choice voucher to help achieve the goals of ending homelessness among families with children, increasing housing opportunities, and improving life outcomes of poor children.

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