What is the official ID of this bill?
The official print number for this legislation is S 3867.
Coordinated Investment and Grants for Healthy, Affordable Housing and Transit
This Act establishes new grant and loan programs to help local communities plan and build better places to live. It focuses on coordinating investments in transportation, infrastructure, and long-term affordable housing, especially near public transit. Citizens will gain opportunities to participate in the planning process, and funds will be directed toward improving housing quality and reducing health hazards in homes.
Key points
New Planning Funds: Local governments and Indian Tribes can apply for grants to create comprehensive regional plans that integrate housing, transportation, and environmental needs.
More Housing Near Transit: A loan program is established for infrastructure projects supporting development near public transit stops, requiring at least 20% of housing units to be long-term affordable.
Healthier Homes Initiative: A federal initiative is introduced to substantially reduce housing-related health hazards, aiming to improve residents' health.
Support for High-Poverty Areas: At least 25% of funds under the comprehensive planning grant program must be awarded to entities covering areas with high poverty rates.
Status:
Expired
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