Bill > HR4307

This bill, the Build More Housing Near Transit Act, amends Title 49 of the United States Code to revise requirements for the fixed guideway capital investment grant program. Specifically, it requires capital investment grant applicants to conduct a housing feasibility assessment along proposed transit routes prior to a project advancing to the engineering phase of development. It also prioritizes a commitment to changing local land use policies in project station areas to accommodate affordable and market-rate housing development. The goal is to address the national housing shortage and increase access to housing near public transit, which can reduce transportation costs and increase transit ridership.