‘‘(5) APPLICATION.— 
‘‘(A) IN
GENERAL.—An eligible entity 
seeking to participate in the pilot program shall 
submit to the Secretary an application— 
‘‘(i) at such time, in such manner, 
and containing such information as the 
Secretary may require by notice; and 
‘‘(ii) that includes the number of pro-
posed covered families to be served by the 
eligible entity under this subsection. 
‘‘(B) GEOGRAPHIC
AND
ENTITY
VARI-
ETY.—The Secretary shall ensure that eligible 
entities selected to participate in the pilot pro-
gram— 
‘‘(i) are located across various States 
and in both urban and rural areas; and 
‘‘(ii) vary by size and type, including 
both public housing agencies and private 
owners of projects receiving project-based 
rental assistance under section 8. 
‘‘(6) NOTIFICATION AND OPT-OUT.—An eligible 
entity participating in the pilot program shall— 
‘‘(A) notify covered families of their enroll-
ment in the pilot program; 
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‘‘(B) provide covered families with a de-
tailed description of the pilot program, includ-
ing how the pilot program will impact their rent 
and finances; 
‘‘(C) inform covered families that the fami-
lies cannot simultaneously participate in the 
pilot program and the Family Self-Sufficiency 
program under this section; and 
‘‘(D) provide covered families with the abil-
ity to elect not to participate in the pilot pro-
gram— 
‘‘(i) not less than 2 weeks before the 
date on which the escrow account is estab-
lished under paragraph (3); and 
‘‘(ii) at any point during the duration 
of the pilot program. 
‘‘(7) MAXIMUM
RENTS.—During the term of 
participation by a covered family in the pilot pro-
gram, the amount of rent paid by the covered family 
shall be calculated under the rental provisions of sec-
tion 3 or 8(o), as applicable. 
‘‘(8) PILOT PROGRAM TIMELINE.— 
‘‘(A) AWARDS.—Not later than 18 months 
after the date of enactment of this subsection, 
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the Secretary shall select the eligible entities to 
participate in the pilot program. 
‘‘(B) ESTABLISHMENT AND TERM OF AC-
COUNTS.—An eligible entity selected to partici-
pate in the pilot program shall— 
‘‘(i) not later than 6 months after se-
lection, establish escrow accounts under 
paragraph (3) for covered families; and 
‘‘(ii) maintain those escrow accounts 
for not less than 5 years, or until the date 
the family ceases to receive assistance 
under section 8 or 9, and, at the discretion 
of the covered family, not more than 7 
years after the date on which the escrow 
account is established. 
‘‘(9) NONPARTICIPATION AND HOUSING ASSIST-
ANCE.— 
‘‘(A) IN GENERAL.—Assistance under sec-
tion 8 or 9 for a family that elects not to par-
ticipate in the pilot program shall not be de-
layed or denied by reason of such election. 
‘‘(B) NO TERMINATION.—Housing assist-
ance may not be terminated as a consequence 
of participating, or not participating, in the 
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pilot program under this subsection for any pe-
riod of time. 
‘‘(10) STUDY.—Not later than 8 years after the 
date the Secretary selects eligible entities to partici-
pate in the pilot program under this subsection, the 
Secretary shall conduct a study and submit to the 
Committee on Banking, Housing, and Urban Affairs 
of the Senate and the Committee on Financial Serv-
ices of the House of Representatives a report on out-
comes for covered families under the pilot program, 
which shall evaluate the effectiveness of the pilot 
program in assisting families to achieve economic 
independence and self-sufficiency, and the impact 
coaching and supportive services, or the lack thereof, 
had on individual incomes. 
‘‘(11) WAIVERS.—To allow selected eligible en-
tities to effectively administer the pilot program and 
make the required escrow account deposits under 
this subsection, the Secretary may waive require-
ments under this section. 
‘‘(12) TERMINATION.—The pilot program under 
this subsection shall terminate on the date that is 10 
years after the date of enactment of this subsection. 
‘‘(13) AUTHORIZATION OF APPROPRIATIONS.— 
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‘‘(A) IN GENERAL.—There is authorized to 
be appropriated to the Secretary for fiscal year 
2026 $5,000,000— 
‘‘(i) for technical assistance related to 
implementation of the pilot program; and 
‘‘(ii) to carry out an evaluation of the 
pilot program under paragraph (10). 
‘‘(B) AVAILABILITY.—Any amounts appro-
priated under this subsection shall remain avail-
able until expended.’’. 
Æ 
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