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118-s-5071Committee
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The Farmhouse-to-Workforce Housing Act of 2024

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Summary

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amends the Housing Act of 1949 to allow federal housing preservation grants to fund accessory dwelling units (ADUs) on single-family properties. The bill caps federal assistance for ADUs at $100,000 (adjusted for inflation) per unit and requires owners to occupy and maintain ownership of the primary dwelling and ADUs for at least 5 years, with income limits of 150% of area median income. It authorizes $200 million in appropriations and allows grantees to use up to 20% of funds for administrative costs.

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Bill details

Congress
118
Bill type
s
Introduced
September 17, 2024
Sponsor
Not yet available
Last action
September 17, 2024— Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

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