Bill > HR7191

This bill aims to address the affordable housing crisis in the United States by establishing new public and private market affordable housing units, and providing grants to combat gentrification and neighborhood destabilization. The key provisions include: 1. Repealing the Faircloth Amendment to allow for the construction of 9.5 million new public housing units over 10 years, with full funding for public housing operating and capital expenses. 2. Authorizing $20 billion per year for 10 years to construct 2.5 million new private market affordable housing units through the Housing Trust Fund. 3. Establishing a $200 billion Community Control and Anti-Displacement Fund to provide grants to local governments for projects that encourage alternative ownership housing models and protect housing affordability. The bill also includes various requirements and standards for the new public and private housing units, such as ensuring accessibility to public transit, adhering to environmental standards, and prohibiting discrimination in tenant selection.

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https://www.congress.gov/bill/117th-congress/house-bill/7191/all-info