In a major step towards housing equity and expanded opportunities for low-income families, the U.S. Department of Housing and Urban Development (HUD) has extended housing and neighborhood choices for over 800,000 households that receive Housing Choice Vouchers. The move requires 41 additional metropolitan areas to use Small Area Fair Market Rents (SAFMR) instead of metro-wide rents for voucher calculations, allowing voucher holders greater freedom to choose from various neighborhoods without extra costs. Research shows that children from low-income families who grow up in well-resourced, low-poverty neighborhoods have higher chances of college attendance and higher future earnings. The initiative, effective from October 1, 2024, is a significant move to combat economic and racial segregation, breaking down barriers to well-resourced communities and increasing choice for Housing Choice Voucher recipients. Families using these vouchers are advised to reach out to their Public Housing Agencies to understand how the change will affect them. Read more here.