Bill > S3067

This bill establishes a competitive grant program administered by the Secretary of Housing and Urban Development (HUD) to incentivize local governments to increase their housing supply. The program will award between $250,000 and $10 million annually to at least 25 eligible entities, which include metropolitan cities, urban counties, local governments, and Indian tribes that demonstrate improvements in housing growth. Eligible entities can use the grants for various housing-related activities, including community development projects, infrastructure improvements, and initiatives that expand attainable housing, which is defined as housing serving households with incomes between 60-120% of the area median income. The bill outlines specific initiatives that could qualify, such as revising zoning laws to allow denser housing, eliminating parking requirements, streamlining permitting processes, and creating mixed-income housing opportunities. When awarding grants, HUD will prioritize entities that demonstrate innovative policies and significant housing supply growth. The bill explicitly does not authorize HUD to mandate local zoning policies and includes an authorization of $200 million annually from fiscal years 2027-2031, with funding adjusted for inflation. The goal is to encourage local governments to develop creative solutions to housing supply challenges while maintaining local control over land use decisions.

Housing and Urban Affairs

https://www.congress.gov/bill/119th-congress/senate-bill/3067/all-info