Bill > HR6957

This bill, titled the "Yes in God's Backyard Act," aims to increase the availability of affordable rental housing by providing technical assistance and grants to faith-based organizations, institutions of higher education, and local governments. Affordable rental housing is defined as housing where the monthly rent does not exceed 30% of a household's income, with "covered households" being those with incomes at or below 100% of the area median income. The bill establishes a technical assistance program to help these entities understand how to develop or preserve affordable rental housing on their properties, including housing for specific populations like those who are homeless, at risk of homelessness, veterans, individuals with disabilities, and intergenerational families. It also includes a "Challenge Grant" program where eligible local governments and other entities can receive competitive grants if they have policies in place to remove barriers to affordable housing development on faith-based or higher education properties, with preference given to projects serving low-income families and those experiencing homelessness. The bill authorizes significant funding for both the technical assistance program and the challenge grants over several fiscal years.

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https://www.congress.gov/bill/119th-congress/house-bill/6957/all-info