Policy Impact Analysis - 117/S/4485

Bill Overview

Title: Fair Housing Improvement Act of 2022

Description: This bill prohibits discrimination against individuals based on their source of income, veteran status, or military status in the sale or rental of housing and other related real estate transactions and services.

Sponsors: Sen. Kaine, Tim [D-VA]

Target Audience

Population: People seeking housing who are veterans, servicemembers, or with varied sources of income

Estimated Size: 60000000

Reasoning

Simulated Interviews

Veteran, currently unemployed (Los Angeles, CA)

Age: 35 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 20.0 years

Commonness: 8/20

Statement of Opinion:

  • It’s hard to find a landlord willing to rent to someone on disability benefits. This policy might make it easier for me to find a place to live.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 5
Year 2 7 5
Year 3 8 5
Year 5 8 5
Year 10 8 6
Year 20 9 6

Retired, on Social Security (Chicago, IL)

Age: 60 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 5/20

Statement of Opinion:

  • I’ve heard stories of renters being rejected due to their income source, so it's reassuring to know there are protections in place. However, it may not change my situation directly.

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 6 6
Year 20 7 6

Software Engineer (Austin, TX)

Age: 28 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 0.0 years

Commonness: 15/20

Statement of Opinion:

  • I don't expect to be directly affected because I can rely on my regular income, but it's nice to know that others who struggle more have these protections.

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 7 7
Year 20 7 7

Freelance Artist (New York, NY)

Age: 45 | Gender: male

Wellbeing Before Policy: 4

Duration of Impact: 15.0 years

Commonness: 10/20

Statement of Opinion:

  • Landlords often question my income stability because it varies month to month. This policy could help me finally secure stable housing.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 4
Year 2 6 4
Year 3 6 4
Year 5 7 4
Year 10 7 4
Year 20 8 5

Real Estate Agent (Miami, FL)

Age: 50 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 3.0 years

Commonness: 14/20

Statement of Opinion:

  • While I support fair housing, the policy might complicate the rental process and create hesitation among landlords initially.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 8
Year 2 7 8
Year 3 8 8
Year 5 8 8
Year 10 9 8
Year 20 9 8

Construction Worker (Seattle, WA)

Age: 32 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 0.0 years

Commonness: 12/20

Statement of Opinion:

  • It sounds like a good thing if it helps more people rent homes, but I expect my personal situation to stay about the same.

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 6 6
Year 20 7 6

Student (Portland, OR)

Age: 25 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 10.0 years

Commonness: 9/20

Statement of Opinion:

  • I hope this means I won’t be turned away just because part of my rent comes from student loans and aid.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 5
Year 3 7 5
Year 5 7 5
Year 10 8 5
Year 20 8 6

Military Officer (Columbus, OH)

Age: 40 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 6/20

Statement of Opinion:

  • I usually face trouble finding housing quickly with VA benefits. Hopefully, landlords will be more open now.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 8 6
Year 3 8 6
Year 5 9 6
Year 10 9 6
Year 20 9 7

Farmer (Rural Kansas)

Age: 30 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 15.0 years

Commonness: 11/20

Statement of Opinion:

  • Even in my area, securing housing is tough because my income fluctuates. I hope this policy will help level the playing field.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 6 5
Year 3 7 5
Year 5 7 5
Year 10 8 5
Year 20 8 6

Veteran, part-time security guard (Phoenix, AZ)

Age: 55 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 20.0 years

Commonness: 7/20

Statement of Opinion:

  • It’s been hard finding affordable housing that accepts my VA benefits alongside my part-time income. I really hope this policy makes a difference.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 5
Year 3 8 5
Year 5 8 5
Year 10 9 5
Year 20 9 6

Cost Estimates

Year 1: $100000000 (Low: $80000000, High: $120000000)

Year 2: $105000000 (Low: $84000000, High: $126000000)

Year 3: $110250000 (Low: $88200000, High: $132300000)

Year 5: $121550000 (Low: $97240000, High: $145860000)

Year 10: $148049000 (Low: $118439200, High: $177658800)

Year 100: $0 (Low: $0, High: $0)

Key Considerations