Bill > HR6008

This bill establishes a Task Force on Bringing Down Housing Costs, which will be composed of 21 members including senators, representatives from various HUD (Housing and Urban Development) regions, federal agency designees, local community organization representatives, and private sector experts. The task force's primary responsibilities include conducting oversight of states experiencing rising housing costs, identifying such states, developing best practices to address housing cost increases, creating a comprehensive report, recommending implementation of these practices, and monitoring their effectiveness. The task force will meet quarterly, starting one month after the bill's enactment, and will submit annual reports to various government officials and committees, including state governors, federal agency heads, and congressional committees. The task force defines "states with rising housing costs" as those experiencing a year-over-year increase in median existing home prices, as tracked by HUD's Office of Policy Development and Research. The task force will operate for five years before automatically terminating, with the goal of developing strategies to make housing more affordable across different regions of the United States.

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https://www.congress.gov/bill/119th-congress/house-bill/6008/all-info