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Increase the supply of housing in AmericaSection 501 › Proposal

Some tenant protection rules do not apply to properties of four units or fewer

To increase the supply of housing in America, and for other purposes, section 501, Sec. 501. Written by .

Some tenant protection rules do not apply to properties of four units or fewer

The document says “shall notWho acts: participating jurisdictionsHow: statuteSec. 501 in the PDF
What the document says

“``(1) The housing is affordable housing with not more than 4 dwelling units, each of which is made available for rental. ``(2) Each dwelling unit in the housing bears rent in an amount that complies with the requirements described in paragraph (1)(A).”

To increase the supply of housing in America, and for other purposes, Sec. 501

The section adds a new subsection (e) to section 225 of the Cranston-Gonzalez National Affordable Housing Act providing that paragraphs (2), (3), and (4) of subsection (d) do not apply to housing of no more than four rental units where the rent complies with the relevant requirement, each unit is accompanied by a low-income family, no unit is refused to a section 8 voucher holder because of that status, the housing complies with the affordability period requirement, and the participating jurisdiction monitors compliance in a way consistent with section 226(b).

What the document actually says

“``(1) The housing is affordable housing with not more than 4 dwelling units, each of which is made available for rental. ``(2) Each dwelling unit in the housing bears rent in an amount that complies with the requirements described in paragraph (1)(A).”

To increase the supply of housing in America, and for other purposes, Sec. 501
That sentence, in plain words

The building holds four homes or fewer. Each is offered for rent. The rent on each one meets the rules already set.

What this is about

Some tenant protection rules are set aside for these small buildings. Six tests must all be met first. One of them bars turning away a voucher holder.

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