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S. 2935 114th Congress Senate

End Housing Subsidies for the Rich Act of 2016

Official title: A bill to limit the availability of public housing for over-income families.

Introduced: May 17, 2016 See on congress.gov
Housing and Community Development Bank accounts, deposits, capitalHousing and community development fundingLow- and moderate-income housingPublic housing
This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 17, 2016
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
May 17, 2016
Introduced in Senate
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 Latest action May 17, 2016

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Plain-English summary Congressional Research Service

End Housing Subsidies for the Rich Act of 2016

This bill amends the United States Housing Act of 1937 to revise eligibility requirements for assisted housing.

If a public housing agency (PHA) determines that a tenant's income is greater than 120% of the area median income for two consecutive years, the PHA must terminate the family's tenancy within six months.

Such a family may, however, continue to occupy the dwelling unit month-to-month if:

  • the PHA charges the family the fair market rent, and
  • there are no eligible families applying for housing assistance from the PHA for that month and the agency provides at least a 30-day public notice of the availability of such assistance.

A PHA may not rent a dwelling unit to or assist families with net family assets exceeding $100,000 annually (adjusted for inflation) or an ownership interest in property that is suitable for occupancy. This restriction does not apply to victims of domestic violence, individuals using housing assistance for homeownership opportunities, or a family that is offering a property for sale.

PHAs must require applicants to authorize financial institutions to disclose records necessary to determine eligibility for benefits.

 Related & companion bills 1
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). S. 2935: End Housing Subsidies for the Rich Act of 2016. 114th Congress. Open America. https://openamerica.io/bill/114-S-2935/
MLA
"S. 2935: End Housing Subsidies for the Rich Act of 2016." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-S-2935/.
Bluebook (legal)
S. 2935, 114th Cong. (2026), https://openamerica.io/bill/114-S-2935/.
Markdown link
[S. 2935: End Housing Subsidies for the Rich Act of 2016](https://openamerica.io/bill/114-S-2935/)
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