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Housing Growth Incentives: New Community Development Grant Rules

This act changes how federal community development grants are allocated, favoring cities and counties that demonstrate rapid housing growth. This means local governments actively promoting housing construction could receive more funds for local projects, potentially leading to improved infrastructure and services for residents. The goal is to encourage faster solutions to housing availability issues.
Key points
Cities and counties that rapidly increase housing units will receive additional federal grant funds.
Local governments with slower housing growth may see their grant allocations reduced.
The act aims to encourage local authorities to remove barriers to new home construction.
An annual report will be published showing which local governments received bonus funds and which had their allocations decreased.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_2441
Sponsor: Sen. Kennedy, John [R-LA]
Process start date: 2025-07-24
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Build Now Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_2441.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-07-24.

What are the main provisions?

Key points include:

  • Cities and counties that rapidly increase housing units will receive additional federal grant funds.
  • Local governments with slower housing growth may see their grant allocations reduced.
  • The act aims to encourage local authorities to remove barriers to new home construction.
  • An annual report will be published showing which local governments received bonus funds and which had their allocations decreased.
What is the specific legal status?

The current status is Introduced.

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 Sen. Kennedy, John [R-LA].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Real Estate Local Government Public Investments