We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
On July 29, President Obama officially signed into law H.R. 3700, the Housing Opportunity Through Modernization Act (HOTMA). Although HOTMA touches on a variety of housing issues such as veteran’s assistance, rural housing, and mortgage insurance, the bulk of the legislation deals with reforms to the Section 8 Housing Choice Voucher program and Public Housing. The changes implemented by the new law won’t be effective until HUD publishes final regulations. The following are some of the changes to expect in the final regulations:
