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Bill > HR2494


US HR2494

US HR2494
To direct the Secretary of Housing and Urban Development to annually submit to the Congress a report that analyzes State and local strategies, activities, and plans that promote affordable housing, and for other purposes.


summary

Introduced
03/31/2025
In Committee
03/31/2025
Crossed Over
Passed
Dead

Introduced Session

119th Congress

Bill Summary

A BILL To direct the Secretary of Housing and Urban Development to annually submit to the Congress a report that analyzes State and local strategies, activities, and plans that promote affordable housing, and for other purposes.

AI Summary

This bill addresses the ongoing housing crisis in the United States by requiring the Secretary of Housing and Urban Development (HUD) to submit an annual report to Congress analyzing state and local affordable housing strategies. The bill begins by acknowledging the severe housing shortage, where renters are spending more than a third of their income on housing and the nation lacks millions of housing units. It recognizes that states play a crucial role in regulating housing-related factors and have been implementing various solutions like zoning rule reforms. The bill builds upon the existing Regulatory Barriers Clearinghouse, a national repository of information about housing laws, regulations, and policies, by mandating that HUD not only collect this information but also provide an annual comprehensive analysis and policy recommendations to Congress. These annual reports are intended to help the federal government better understand and support effective state and local strategies for addressing the affordable housing crisis, potentially informing future federal housing policy and interventions.

Committee Categories

Business and Industry

Sponsors (3)

Last Action

Referred to the House Committee on Financial Services. (on 03/31/2025)

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