Bill > HR6948

This bill aims to authorize 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 community development projects. Specifically, the bill amends the Housing and Community Development Act of 1974 to include the new construction of affordable housing as an eligible CDBG activity, and it also extends the low and moderate income requirement for CDBG funding to cover new construction projects, in addition to rehabilitation projects. These changes would apply to CDBG funds appropriated after the enactment of this bill, with the goal of increasing the supply of affordable housing through the use of CDBG resources.