# Summary of S. 2701, Housing for All Act of 2023
This bill proposes a comprehensive federal investment to address housing shortages and homelessness across the United States. The legislation authorizes approximately $150 billion in new spending over ten years, focusing on three main areas: increasing affordable housing supply, expanding rental assistance programs for homeless and low-income households, and funding innovative community solutions like safe parking programs and mobile crisis teams.
The bill would significantly expand the housing choice voucher program by adding 500,000 vouchers in 2024 and 1 million more annually through 2027, with plans to make these vouchers an entitlement for eligible extremely low-income households starting five years after enactment. It also authorizes billions for project-based rental assistance, supportive housing for elderly residents and people with disabilities, the HOME Investment Partnerships Program, and emergency solutions grants. Additionally, the bill establishes a Commission on Racial Equity in Housing to research and address systemic racism in housing markets.
The legislation creates new grant programs for safe parking facilities for people living in vehicles, converting hotels and commercial spaces into permanent housing, providing legal assistance to prevent evictions, and establishing mobile crisis intervention teams as alternatives to police responses for people experiencing homelessness. It also funds library programs to serve homeless populations and strengthens coordination between housing and behavioral health services.
The bill would primarily benefit low-income households, people experiencing homelessness, elderly residents, people with disabilities, and communities of color who face disproportionate housing instability. Funding extends through 2033, with most programs authorized to spend $200 million to $15 billion annually during the ten-year period.
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