S 3067
Innovation Fund Act
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 9:08 AM
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- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
The Innovation Fund Act establishes a grant program to help cities and local governments increase the supply of affordable housing. The program, administered by the Department of Housing and Urban Development, will provide funding to eligible entities that have demonstrated improvements in their local housing supply. Grants can be used for various activities, including zoning reforms, streamlining regulations, and promoting denser development, with a focus on serving households at different income levels.
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