I 
118TH CONGRESS 
2D SESSION 
H. R. 8678 
To amend certain Acts to adjust rental payments with respect to certain 
Federal rental assistance programs, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
JUNE 11, 2024 
Mr. BOWMAN (for himself and Mrs. WATSON COLEMAN) introduced the 
following bill; which was referred to the Committee on Financial Services 
A BILL 
To amend certain Acts to adjust rental payments with re-
spect to certain Federal rental assistance programs, and 
for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Fair Adjustments for 
Income-based Rental Costs Act’’ or the ‘‘FAIR Costs 
Act’’. 
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SEC. 2. ADJUSTMENTS TO RENTAL PAYMENTS WITH RE-
SPECT TO CERTAIN FEDERAL RENTAL AS-
SISTANCE PROGRAMS. 
(a) UNITED STATES HOUSING ACT OF 1937.—The 
United States Housing Act of 1937 (42 U.S.C. 1437 et. 
seq.) is amended— 
(1) in section 3(a)(1)(A), by striking ‘‘30’’ and 
inserting ‘‘20’’; 
(2) in section 8(o)(2)(A)(i), by striking ‘‘30’’ 
and inserting ‘‘20’’; and 
(3) in section 9(e)(2)(A)— 
(A) in clause (vi), by striking ‘‘and’’ at the 
end; 
(B) by redesignating clause (vii) as clause 
(viii) and by moving such clause 1 em to the 
right; and 
(C) by inserting after clause (vi) the fol-
lowing: 
‘‘(vii) the amount of public housing 
rental income forgone by the public hous-
ing agency as a result of lowering the per-
centage of monthly adjusted income for the 
calculation of rental payments; and’’. 
(b) HOUSING ACT OF 1949.—Section 521(a)(3) of 
the Housing Act of 1949 (42 U.S.C. 1490a(a)(3)) is 
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amended by striking ‘‘30’’ in each place it occurs and in-
serting ‘‘20’’. 
(c) HOUSING ACT OF 1959.—Section 202(c)(3) of 
the Housing Act of 1959 (12 U.S.C. 1701q(c)(3)) is 
amended by striking ‘‘30’’ and inserting ‘‘20’’. 
(d) CRANSTON-GONZALEZ NATIONAL AFFORDABLE 
HOUSING ACT.—Section 811(d)(3) of the Cranston-Gon-
zalez National Affordable Housing Act (42 U.S.C. 
8013(d)(3)) is amended by striking ‘‘30’’ and inserting 
‘‘20’’. 
SEC. 3. TECHNICAL ASSISTANCE FOR APPLICANTS FOR AD-
MISSION TO A PUBLIC HOUSING PROJECT. 
Section 9(h)(1) of the United States Housing Act of 
1937 (42 U.S.C. 1437g(h)(1)) is amended by inserting 
‘‘applicants for admission to a project,’’ after ‘‘organiza-
tions,’’. 
SEC. 4. AUTHORIZATION OF APPROPRIATIONS WITH RE-
SPECT TO CERTAIN FEDERAL RENTAL AS-
SISTANCE PROGRAMS. 
(a) UNITED STATES HOUSING ACT OF 1937.—The 
United States Housing Act of 1937 (42 U.S.C. 1437 et. 
seq.) is amended— 
(1) in section 9(c)(2)(A), by striking ‘‘, and 
2003’’ and inserting ‘‘2003, 2025, and each fiscal 
year thereafter’’; 
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(2) in section 9(c)(2)(B), by striking ‘‘, and 
2003’’ and inserting ‘‘2003, 2025, and each fiscal 
year thereafter’’; and 
(3) in section 8, by adding at the end the fol-
lowing new subsection: 
‘‘(ee) AUTHORIZATION
OF
APPROPRIATIONS
FOR 
TENANT-BASED ASSISTANCE.—There are authorized to 
be appropriated, for fiscal year 2025 and each fiscal year 
thereafter, such sums as may be necessary for tenant- 
based assistance under subsection (o).’’. 
(b) HOUSING ACT OF 1959.—Section 202(m) of the 
Housing Act of 1959 (12 U.S.C. 1701q(m)) is amended 
to read as follows: 
‘‘(m) AUTHORIZATION OF APPROPRIATIONS.—There 
is authorized to be appropriated such sums as may be nec-
essary to carry out this section.’’. 
(c) CRANSTON-GONZALEZ NATIONAL AFFORDABLE 
HOUSING ACT.—Subsection (m) of section 811 of the 
Cranston-Gonzalez National Affordable Housing Act (42 
U.S.C. 8013(m)) is amended by striking the period at the 
end and inserting ‘‘, and such sums as necessary for fiscal 
year 2025 and each fiscal year thereafter’’. 
Æ 
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