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More Funds for Affordable Housing: GROW Affordable Housing Act

This act increases the funds allocated to support affordable housing. This means more money will be directed towards programs and initiatives aimed at making housing more accessible for lower-income individuals. In practice, this could lead to a greater number of available and affordable properties on the market.
Key points
Increases the percentage of funds allocated to affordable housing from 4.2 to 10 basis points.
More money will be directed to programs supporting the construction and maintenance of housing for lower-income individuals.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_8599
Sponsor: Rep. Beatty, Joyce [D-OH-3]
Process start date: 2022-07-29
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

GROW Affordable Housing Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_8599.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2022-07-29.

What are the main provisions?

Key points include:

  • Increases the percentage of funds allocated to affordable housing from 4.2 to 10 basis points.
  • More money will be directed to programs supporting the construction and maintenance of housing for lower-income individuals.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Beatty, Joyce [D-OH-3].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

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