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Bill > HR9522


US HR9522

US HR9522
Strengthening Housing Supply Act of 2022


summary

Introduced
12/13/2022
In Committee
12/13/2022
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To authorize affordable housing construction as an eligible activity under the Community Development Block Grant Program, and for other purposes.

AI Summary

This bill authorizes affordable housing construction as an eligible activity under the Community Development Block Grant (CDBG) Program, which provides federal funds to state and local governments for various community development projects. Specifically, the bill amends the Housing and Community Development Act of 1974 to allow CDBG funds to be used for the new construction of affordable housing, as defined in the Cranston-Gonzalez National Affordable Housing Act. The bill also expands the low and moderate-income requirement for CDBG-funded activities to include affordable housing construction, in addition to rehabilitation. These changes will apply only to CDBG funds appropriated after the enactment of this bill.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Referred to the House Committee on Financial Services. (on 12/13/2022)

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