Amends the United States Housing Act of 1937 with respect to the rental assistance programs.
States that, after the initial review of a family with a fixed income, the PHA or owner shall not be required to conduct a review of the family's income for any year for which such family certifies that:
(1) 90% or more of its income is fixed, and
(2) the sources of such income have not changed since the previous year.
Requires the PHA or owner to conduct such family's income at least once every three years.
(Thus exempting such family's fixed income from the annual review requirement under the Act.) Defines "extremely low-income families" as very low-income families whose incomes do not exceed the higher of:
(1) specified poverty guidelines updated periodically by the Department of Health and Human Services (HHS), or
(2) 30% of the median family income for the area, with adjustments for smaller and larger families.
Authorizes the Secretary to establish income ceilings higher or lower than 30% if necessary because of unusually high or low family incomes.
Makes such authority inapplicable in the case of PHAs located in Puerto Rico or any other U.S. territory or possession.
Requires the Secretary to periodically, but at least annually, determine or establish area median incomes and income ceilings and limits.
Increases the mandatory family income exclusion from:
(1) $400 to $675 for the elderly or disabled allowance in a family's annual income, and
(2) 3% to 10% for the threshold for medical expenses.
Revises procedures under the section 8 rental assistance program for publishing fair market rentals for an area with respect to the amount and scope of monthly assistance payments.
Requires the Secretary to publish such rentals at least annually on HUD's website and in any other manner specified by the Secretary. Repeals the Secretary's requirement to establish separate fair market rentals for:
(1) Westchester County, New York; and
(2) Monroe County, Pennsylvania. Repeals the requirement that if units receiving rental assistance payments are exempt from local rent control while being assisted or otherwise, the maximum monthly rent for such units shall be reasonable in comparison with other units in the market area that are exempt from local rent control.
Declares that no PHA shall be required, as a result of a reduction in the fair market rental, to reduce the payment standard applied to a family continuing to reside in a unit for which the family was receiving section 8 voucher assistance at the time the fair market rental was reduced.
Requires the Secretary to allow PHAs to request exception payment standards within fair market rental areas subject to criteria and procedures established by the Secretary. Authorizes a PHA to:
(1) establish a payment standard of up to 120% of the fair market rent, where necessary, as a reasonable accommodation for a person with a disability, without the Secretary's approval; and
(2) seek approval to use a payment standard greater than 120% of the fair market rent as a reasonable accommodation for a disabled family or other family with a person with a disability.
Prohibits the Secretary, in connection with the use of any increased payment standard, from establishing additional requirements regarding the amount of adjusted income paid by such person for rent.
Revises income eligibility requirements for public housing, for tenant-based section 8 assistance, and for project-based section 8 assistance to substitute "extremely low-income families" for the respective eligibility formula (all of which formulae are identical with the definition of "extremely low-income families" added by this section).
(Sec. 236 [sic]) Amends the Multifamily Assisted Housing Reform and Affordability Act of 1997 to extend the Mark-to-Market program through October 1, 2015.