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US S2951

US S2951
Housing is Infrastructure Act of 2019


summary

Introduced
11/21/2019
In Committee
11/21/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

A bill to facilitate the development of affordable housing, and for other purposes. This bill authorizes additional funding for various housing assistance programs. Specifically, the bill authorizes additional funding for public housing agencies to maintain and improve public housing buildings; states and communities to reduce the risk of flood damage to housing; very low-income residents to improve and modernize rural housing; Indian tribes to develop housing and housing services; nonprofit organizations and community development financial institutions to conduct activities related to affordable housing and economic development; state housing finance agencies to provide supportive housing for individuals with disabilities; private nonprofit organizations to provide supportive housing for the elderly; and states, counties, and cities to develop and preserve affordable housing. The bill also requires that specified portions of funding made available under the bill be used for water and energy efficiency. In administering such funding made available under the bill, the relevant federal agencies must consult with grantees and recipients and meet with state and local government officials for the purpose of recommending and promoting funding opportunities and initiatives to include minority and women's business enterprises in such grant activities.

AI Summary

This bill authorizes additional funding for various housing assistance programs, including: - $70 billion for the Public Housing Capital Fund to maintain and improve public housing buildings - $1 billion for the Rural Multifamily Preservation and Revitalization Demonstration Program to preserve and revitalize rural housing - $1 billion for the Flood Mitigation Assistance Grant Program to reduce the risk of flood damage to housing - $5 billion for the Housing Trust Fund to provide housing for homeless and at-risk individuals - $100 million for single-family housing repair loans and grants - $1 billion for the Native American Housing Block Grant Program - $5 billion for the HOME Investment Partnerships Program - $2.5 billion for supportive housing for persons with disabilities - $2.5 billion for supportive housing for the elderly - $2.5 billion for the Capital Magnet Fund - $10 billion for Community Development Block Grant funding to develop and preserve affordable housing and infrastructure The bill also requires that a portion of the funding be used for water and energy efficiency measures, and directs federal agencies to promote the inclusion of minority and women's business enterprises in the grant activities.

Committee Categories

Housing and Urban Affairs

Sponsors (3)

Last Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 11/21/2019)

bill text


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