Policy Impact Analysis - 117/HR/6529

Bill Overview

Title: _____ Act of 2022

Description: [ sic ] This bill requires each owner of a covered federally assisted rental dwelling unit to ensure that all interior corridor and stairwell access doors in the building containing the unit are self-closing doors. The owner is required to maintain these self-closing doors and any inspection by the Department of Housing and Urban Development must include inspection of the self-closing doors.

Sponsors: Rep. Torres, Ritchie [D-NY-15]

Target Audience

Population: People living in or owning federally assisted rental dwelling units

Estimated Size: 12500000

Reasoning

Simulated Interviews

School Teacher (Chicago, IL)

Age: 45 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 5.0 years

Commonness: 15/20

Statement of Opinion:

  • I'm satisfied that this policy makes our building safer.
  • The renovations could be inconvenient, but knowing it's for safety is reassuring.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 5
Year 2 6 5
Year 3 6 5
Year 5 6 5
Year 10 7 5
Year 20 7 5

Property Manager (New York, NY)

Age: 60 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 8/20

Statement of Opinion:

  • This is another cost we need to figure out how to manage within our limited budget.
  • Safety is important but this will affect our expenses significantly.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 6
Year 2 6 6
Year 3 6 6
Year 5 7 6
Year 10 7 6
Year 20 6 6

Cashier (Los Angeles, CA)

Age: 30 | Gender: female

Wellbeing Before Policy: 4

Duration of Impact: 3.0 years

Commonness: 10/20

Statement of Opinion:

  • Anything that makes the building safer is welcome.
  • I just hope the noise and inconvenience aren't too bad during construction.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 4 4
Year 2 5 4
Year 3 5 4
Year 5 5 4
Year 10 6 4
Year 20 6 4

Retired (Dallas, TX)

Age: 50 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 11/20

Statement of Opinion:

  • I'm worried about the cost and if it would increase my rent one day.
  • Safety is a concern, so this policy might be helpful.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 6 6
Year 3 7 6
Year 5 7 6
Year 10 7 6
Year 20 7 6

Freelancer (Miami, FL)

Age: 28 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 5.0 years

Commonness: 12/20

Statement of Opinion:

  • I think this change is overdue for all federally assisted housing.
  • It's good that the safety of tenants is being prioritized.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 5
Year 2 6 5
Year 3 6 5
Year 5 6 5
Year 10 6 5
Year 20 6 5

Software Developer (San Francisco, CA)

Age: 34 | Gender: other

Wellbeing Before Policy: 7

Duration of Impact: 3.0 years

Commonness: 5/20

Statement of Opinion:

  • From an investor's standpoint, increased safety measures are good for the long term.
  • Initial costs could impact short-term returns, though.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 8 7
Year 5 8 7
Year 10 8 7
Year 20 8 7

Student (Atlanta, GA)

Age: 24 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 20/20

Statement of Opinion:

  • As long as it doesn't mean changes in our rent, I'm all for it.
  • Every improvement in safety is welcome.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 6 6
Year 3 6 6
Year 5 6 6
Year 10 7 6
Year 20 7 6

Nonprofit Worker (Detroit, MI)

Age: 52 | Gender: female

Wellbeing Before Policy: 4

Duration of Impact: 5.0 years

Commonness: 9/20

Statement of Opinion:

  • This policy allocates necessary resources to tenant safety, which is crucial.
  • We'll have to monitor the costs passed down to tenants.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 4 4
Year 2 5 4
Year 3 5 4
Year 5 6 4
Year 10 6 4
Year 20 6 4

Electrician (Phoenix, AZ)

Age: 40 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 3.0 years

Commonness: 13/20

Statement of Opinion:

  • I'm okay with the updates since they'll improve safety.
  • Hope the implementations won't disrupt my schedule too much.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 5
Year 2 5 5
Year 3 5 5
Year 5 5 5
Year 10 6 5
Year 20 6 5

Retired Nurse (Philadelphia, PA)

Age: 75 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 10.0 years

Commonness: 14/20

Statement of Opinion:

  • Safety is paramount, especially for people my age.
  • I remember incidents in the past that were scary, so this is reassuring.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 7 7
Year 5 7 7
Year 10 8 7
Year 20 8 7

Cost Estimates

Year 1: $250000000 (Low: $200000000, High: $300000000)

Year 2: $125000000 (Low: $100000000, High: $150000000)

Year 3: $130000000 (Low: $105000000, High: $155000000)

Year 5: $135000000 (Low: $110000000, High: $160000000)

Year 10: $150000000 (Low: $120000000, High: $180000000)

Year 100: $200000000 (Low: $160000000, High: $240000000)

Key Considerations