Family Stability and Opportunity Vouchers Act of 2023

The Family Stability and Opportunity Vouchers Act of 2023 would create a new federal housing voucher program specifically designed to help low-income families with young children move to "opportunity areas" with high-performing schools and quality childcare. Administered by the Department of Housing and Urban Development (HUD), the bill provides funding for both rental assistance and customized support services, such as housing counseling and search assistance, to help families relocate from neighborhoods with concentrated poverty. The goal of the legislation is to improve long-term economic and educational outcomes for children by increasing their access to stable housing in safer, well-resourced communities.