Bill > HR5105

This bill, known as the "Unleashing Needed Local Options to Construct and Keep Housing Act" or the "UNLOCK Act", amends the Housing and Community Development Act of 1974 to expand opportunities for new home construction for low- and moderate-income individuals. Specifically, the bill modifies Section 105(a) to allow metropolitan cities, urban counties, states, local government units, insular areas, and tribal entities that receive funding under Section 106 to use those funds for constructing new residential housing. This new provision permits these entities to build housing for low- and moderate-income populations, either independently or in collaboration with neighborhood-based nonprofit organizations or other private or public nonprofit organizations. The change aims to provide more flexibility in using community development funds to address housing needs and increase affordable housing options in various communities across the United States.

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https://www.congress.gov/bill/119th-congress/house-bill/5105/all-info