Bill > S3237

This bill, the Build More Housing Near Transit Act of 2021, amends Title 49 of the United States Code to include affordable housing incentives in certain capital investment grants for public transit projects. Specifically, the bill allows grant applicants to receive up to a 5-percentage point higher score for economic development criteria if they demonstrate efforts to preserve or encourage affordable housing near the transit project, such as through housing feasibility assessments and policies supporting multi-family housing and accessory dwelling units. The bill also allows grant recipients to include the costs of planning or developing affordable housing located within half a mile of a new transit station as part of the project's net capital costs.

Housing and Urban Affairs

https://www.congress.gov/bill/117th-congress/senate-bill/3237/all-info