Housing Supply and Affordability Act
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Overview
The Housing Supply and Affordability Act authorizes the Department of Housing and Urban Development (HUD) to provide grants to states, local governments, and regional planning agencies. These grants are intended to support the development and implementation of housing plans that aim to increase housing availability, affordability, and accessibility, while also reducing barriers to housing development and coordinating with transportation agencies. The program will focus on planning activities rather than direct construction.
Key provisions
- Grants are awarded competitively to states, local governments, and regional planning agencies.
- Grants can be used for planning activities like developing housing plans and zoning code updates.
- Funds cannot be used for construction, alteration, or repair work.
- Regional planning agencies can assist with developing housing strategies and plans.
- States and local governments can implement housing strategies and plans, and fund community investments.
- Administrative costs are limited to 10% of grant amounts.
- The program coordinates with the Federal Transit Administration.
- The program will expire after 5 years.
Who is affected
- State and local governments
- Regional planning agencies
- Housing developers
- Individuals seeking affordable housing
- Individuals with disabilities
Notable changes
Bill text
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Sponsors
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3 on record
Primary sponsor
Cosponsors
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