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More Affordable Housing Near Public Transit

This act makes it easier to transfer unused public land and properties for building housing near public transit stops. The goal is to increase the number of affordable homes, especially for lower-income individuals, and encourage the use of public transportation.
Key points
Allows the transfer of unused public properties for housing development purposes.
Requires at least 40% of new housing units to be affordable for those earning 60% or less of the area median income, with 20% for those earning 30% or less.
Supports development around public transit, potentially reducing commute times and transportation costs for residents.
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Additional Information
Print number: 117_HR_3680
Sponsor: Rep. Smith, Adam [D-WA-9]
Process start date: 2021-06-01