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Synopsis As Introduced Amends the Homelessness Prevention Act. Changes certain types of assistance grantees shall offer households to prevent homelessness as follows: (1) payment of a rent or mortgage arrearage (rather than payment of a rent or mortgage arrearage in an amount established as necessary to defeat the eviction or foreclosure, but shall in no event be greater than 3 months of rental or mortgage arrears); (2) payment of a security deposit (rather than payment of a rent deposit or security deposit and payment of not more than 2 months rent or mortgage payments); and (3) payment of rent or mortgage. Provides that in no case shall the total assistance for a household be greater than the equivalent of 6 months of rent or mortgage payments. Provides that, on an annual basis, a grantee's administrative costs and case management expenses shall not exceed 15% of the grant amount it receives.
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