More Affordable Homes: Supporting Mixed-Income Housing Development
This act aims to increase the supply of affordable housing in the U.S., especially for low-income individuals. The government will gather and share information on best practices for building mixed-income housing to help local authorities and developers create more affordable homes. This initiative seeks to address the high rental costs burdening millions of families.
Key points
The U.S. government will identify and share proven methods for developing housing affordable to various income levels, including the lowest-income households.
Local governments and developers will receive guidance and training on leveraging local resources and federal funds to create and preserve affordable housing units.
Information on best practices and case studies will be made publicly available online, facilitating widespread implementation.
The goal is to reduce the financial burden of rent for millions of Americans currently spending a large portion of their income on housing.
Expired
Additional Information
Print number: 118_HR_6318
Sponsor: Rep. Tlaib, Rashida [D-MI-12]
Process start date: 2023-11-08