Veterans Housing Opportunity Act

The Veterans Housing Opportunity Act establishes a five-year pilot program that allows the Department of Housing and Urban Development to identify public housing agencies that are not effectively using their HUD-VASH vouchers. If an agency is found to be chronically underutilizing these funds, the department may take back the unused voucher assistance and redistribute it to other agencies. These reallocated vouchers must then be provided to veterans who are currently homeless or at risk of becoming homeless. The bill requires the department to report on the program's efficiency and housing outcomes after three years, while ensuring that any veteran who receives a voucher under this pilot keeps it even if the pilot program ends.