If Congress wants to distribute Section 8 voucher funds efficiently and make the best use of scarce resources, it should choose the allocation method adopted by the House Financial Services Committee in its voucher reform bill (H.R. 5443), the Center on Budget and Policy Priorities (CBPP) said in an analysis of three alternatives. The formula in H.R. 5443 would allocate voucher renewal funds to PHAs based on the number of an agency's vouchers that were in use and the average cost of those vouchers in the most recent calendar year for which data are "available, substantially verifiable, and complete." In its analysis of 2007 funding, the CBPP assumed that 2006 data would be used.
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