Housing and Community Development Act of 1987

The Housing and Community Development Act of 1987 aims to provide decent and affordable shelter for all Americans, particularly those of low and moderate income. This act reaffirms the principle that decent and affordable shelter is a basic necessity for the general welfare of the Nation and the health and living standards of its people. The act provides Federal assistance for less affluent individuals and ensures that housing assistance is distributed more equitably. It also aims to reform existing programs to deliver such assistance in the most efficient manner possible. Public housing agencies are authorized to provide affordable rent options for families residing in public housing projects, while the Secretary of Housing and Urban Development may make contributions to these agencies under a comprehensive improvement program. The act requires public housing agencies with over 500 units to submit a comprehensive plan, which shall be considered approved unless disapproved by the Secretary within 75 calendar days.