President Joseph R. Biden marked the 50th anniversary of the Housing Choice Voucher Program (HCV) with a statement highlighting its impact on low-income families, people with disabilities, and older adults. The program, overseen by the Department of Housing and Urban Development (HUD), is recognized as a major component of federal housing assistance.

In his statement, President Biden emphasized the significance of the HCV program since its inception in 1974. He noted that it has been instrumental in providing affordable housing to millions across the United States through collaboration with Public Housing Agency partners and private landlords.

"My Administration has worked alongside the Department of Housing and Urban Development to build upon these efforts and ensure that Americans have a safe and affordable place to live," said President Biden. He highlighted recent achievements such as securing federal rental assistance for over 100,000 additional households—the largest expansion in two decades—and developing a national infrastructure aimed at preventing evictions.

The President expressed gratitude towards those involved in implementing and supporting the program: "As we honor this milestone anniversary, I want to express my gratitude to the leaders, officials, and advocates who implement and support this program."

Biden reaffirmed his administration's commitment to expanding the HCV program further and reducing housing costs nationwide. "There's more to be done," he stated, indicating ongoing efforts to enhance housing opportunities for all Americans.