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Increased Funding for Affordable Housing and Childcare Facilities

This bill proposes allocating $1.5 billion annually to a program supporting affordable housing. Additionally, $500 million annually will be directed towards building or renovating childcare facilities. This could lead to more affordable housing options and increased access to childcare for families.
Key points
Authorizes $1.5 billion annually for the HOME Investment Partnership Program from 2024 to 2028, potentially increasing affordable housing availability.
Authorizes an additional $500 million annually for projects building or rehabilitating childcare facilities from 2024 to 2028, which could expand childcare access.
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Status: Expired
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Additional Information
Print number: 118_HR_7299
Sponsor: Rep. Schiff, Adam B. [D-CA-30]
Process start date: 2024-02-07
System Note: Lustra is free, publicly auditable civic infrastructure — full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source—always verify them if you can.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

To authorize to be appropriated to the Secretary of Housing and Urban Affairs, $1,500,000,000 to carry out the HOME Investment Partnership Program, and for other purposes.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_7299.

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 2024-02-07.

What are the main provisions?

Key points include:

  • Authorizes $1.5 billion annually for the HOME Investment Partnership Program from 2024 to 2028, potentially increasing affordable housing availability.
  • Authorizes an additional $500 million annually for projects building or rehabilitating childcare facilities from 2024 to 2028, which could expand childcare access.
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. Schiff, Adam B. [D-CA-30].

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 2025-12-25.

What is the impact of this bill?

We don't know—that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Real Estate Family Public Investments