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On May 1, Rep. Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, introduced H.R. 2231, the “Public Housing Tenant Protections and Reinvestment Act of 2015.” The bill would authorize full funding of the public housing program and seeks to provide additional funds to address the significant backlog of capital needs. The bill would require that, when public housing must be demolished or sold, the units affected would have to be replaced on a one-for-one basis, reinstating a provision that Congress eliminated in 1995.
