National Housing Emergency Act: Mandating 4 Million New Homes and Zoning Reform.
This Act mandates the declaration of a national housing emergency, requiring the President to use emergency powers (Defense Production Act) to prioritize the production of construction materials. The goal is to rapidly increase the housing supply by 4 million units to combat rising costs for renters and buyers. Local governments must reform restrictive zoning laws to qualify for federal funding.
Key points
Declares a national emergency to prioritize housing construction and boost the supply of necessary building materials using emergency powers.
Local governments must reform zoning laws (e.g., reduce lot sizes, allow multi-family units in single-family zones) to qualify for federal block grant funding.
Federal environmental reviews and certain housing regulations are suspended or streamlined to accelerate the construction process.
The emergency ends once 4 million new housing units are built or rehabilitated, or by October 2031.
Status:
Introduced
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