Marty Walsh: “Certainly, it is not the committee's intent, nor do I believe this action will have any negative impact, on the ability…”

“Certainly, it is not the committee's intent, nor do I believe this action will have any negative impact, on the ability of Public Housing Authorities to fully utilize their vouchers. It is my understanding that less than $46 million of the $1.3 billion in reserve funding was drawn down last year. I assure the gentleman that it is the committee's intention that any PHA which exhausts its funds will be given additional funds to ensure that its legitimate needs are met. In fact, I have a letter from the Deputy Secretary which indicates that HUD will continue its long-standing policy to provide any Public Housing Authority that has exhausted its funds for legitimate needs with whatever funding is necessary to ensure that all families currently served retain their assistance.”