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Community Housing Act 2024: More Affordable Homes and Rental Assistance

This Act aims to address the housing crisis in the U.S. by significantly investing in affordable housing, supporting homeownership programs, and protecting renters. It introduces new funds for housing construction and rehabilitation, facilitates access to mortgages, and establishes a permanent emergency rental assistance program, directly impacting citizens' housing stability.
Key points
Increased funding for the construction and preservation of affordable housing, including through the Housing Trust Fund and Capital Magnet Fund.
Establishment of a permanent emergency rental assistance program to provide financial support for individuals struggling with rent payments.
Support for shared equity housing models, such as community land trusts, designed to maintain long-term housing affordability.
Creation of a HUD Office of Community Land Use and Zoning to help local communities remove barriers to affordable housing development.
Increased minimum state allocations for housing programs, leading to more resources for local housing initiatives.
Establishment of a national housing information database for landlords to monitor the rental market and prevent price fixing.
Support for rural housing, including preservation and revitalization programs and assistance for homeownership loans.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_HR_7325
Sponsor: Rep. Balint, Becca [D-VT-At Large]
Process start date: 2024-02-13
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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

Community Housing Act of 2024

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_7325.

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 2024-02-13.

What are the main provisions?

Key points include:

  • Increased funding for the construction and preservation of affordable housing, including through the Housing Trust Fund and Capital Magnet Fund.
  • Establishment of a permanent emergency rental assistance program to provide financial support for individuals struggling with rent payments.
  • Support for shared equity housing models, such as community land trusts, designed to maintain long-term housing affordability.
  • Creation of a HUD Office of Community Land Use and Zoning to help local communities remove barriers to affordable housing development.
  • Increased minimum state allocations for housing programs, leading to more resources for local housing initiatives.
  • Establishment of a national housing information database for landlords to monitor the rental market and prevent price fixing.
  • Support for rural housing, including preservation and revitalization programs and assistance for homeownership loans.
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. Balint, Becca [D-VT-At Large].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Work and Welfare.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

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