118 HR 6948 IH: Strengthening Housing Supply Act of 2024 U.S. House of Representatives 2024-01-10 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I118th CONGRESS2d SessionH. R. 6948IN THE HOUSE OF REPRESENTATIVESJanuary 10, 2024Ms. Waters introduced the following bill; which was referred to the Committee on Financial ServicesA BILLTo authorize affordable housing construction as an eligible activity under the Community Development Block Grant Program, and for other purposes.

1.

Short title

This Act may be cited as the Strengthening Housing Supply Act of 2024.

2.

Affordable housing construction as eligible activity under Community Development Block Grant Program

(a)

Eligible activity

Subsection (a) of section 105 of the Housing and Community Development Act of 1974 (42 U.S.C. 5305(a)) is amended—(1)in paragraph (25)(D), by striking and at the end;(2)in paragraph (26), by striking the period at the end and inserting ; and; and(3)by adding at the end the following new paragraph:(27)the new construction of affordable housing, within the meaning given such term under section 215 of the Cranston-Gonzalez National Affordable Housing Act (42 U.S.C. 12745)..(b)

Low and moderate income requirement

Paragraph (3) of section 105(c) of the Housing and Community Development Act of 1974 (42 U.S.C. 5305(c)(3)) is amended by striking or rehabilitation and inserting , rehabilitation, or new construction.(c)

Applicability

The amendments made by this section shall apply with respect only to amounts appropriated after the date of the enactment of this Act.