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118-hr-9378Committee
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Pro-Housing Act of 2024

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Summary

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The Pro-Housing Act of 2024 directs the Secretary of Housing and Urban Development to establish a grant and loan program to help states and local governments develop and implement housing policy plans. The program provides planning grants, implementation grants, and direct loans at below-market interest rates to eligible entities, with at least 20 percent of funds reserved for rural and exurban areas. Applicants are prioritized based on plans that increase housing supply and affordability, reduce development barriers, avoid resident displacement, and coordinate regionally; the bill also requires HUD to issue guidance on recommended housing policies and establish a learning network to share best practices.

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Bill details

Congress
118
Bill type
hr
Introduced
August 16, 2024
Sponsor
Not yet available
Last action
August 17, 2024— Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.

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