Bill > S680

This bill, the Decent, Affordable, Safe Housing for All Act or the DASH Act, has several key provisions: 1. It provides 250,000 rental vouchers in fiscal year 2023 and 400,000 vouchers per year thereafter for individuals and families experiencing or at risk of homelessness, with income less than 50% of the area median income. The vouchers come with administrative fees to cover costs like security deposits and moving expenses. 2. It authorizes $10 billion per year from 2023 to 2033 to the Housing Trust Fund to help States acquire land, construct, and rehabilitate affordable rental housing for extremely low- and very low-income households. 3. It establishes a pilot program to provide grants to eligible entities to promote the construction of affordable housing using modular construction methods. 4. It creates a grant program to incentivize jurisdictions to adopt zoning and planning policies that facilitate the development of more affordable housing, such as allowing duplexes and accessory dwelling units. 5. It permanently authorizes appropriations for grants under the McKinney-Vento Homeless Assistance Act. 6. It includes several provisions to preserve and expand affordable housing in rural areas, including additional funding and permanent establishment of the Housing Preservation and Revitalization Program. 7. It makes various changes to the Low-Income Housing Tax Credit and creates new tax credits, including the Middle-Income Housing Tax Credit and Neighborhood Homes Credit, to spur the development and rehabilitation of affordable housing. The bill aims to significantly expand access to affordable housing and reduce homelessness through a range of housing assistance programs and tax incentives.

Budget and Finance

https://www.congress.gov/bill/118th-congress/senate-bill/680/all-info