Earlier this month, the U.S. Department of Housing and Urban Development announced the release of 3,300 newly created Stability Vouchers. Stability Vouchers are a special allocation of Housing Choice Vouchers that allow people experiencing homelessness to obtain and afford housing.
CHA was awarded 165 new stability vouchers. These new vouchers are in addition to the $60 million award granted to the City of Chicago by HUD secretary Marcia Fudge during a visit in February.
As with the Emergency Housing Vouchers announced in 2021, CHA will work with the Chicago Continuum of Care to distribute the new stability vouchers. In 2022, CHA led all large PHAs nationally in leasing EHVs.
“Housing with supportive services is what solves homelessness, but people in unsheltered settings and in rural areas have not had access to those solutions,” said HUD Secretary Marcia L. Fudge. “The combination of these grants and vouchers will help and give the communities tools they need to help people who are living on the streets, in encampments, under bridges, or in rural areas obtain permanent housing.”