[Congressional Record Volume 167, Number 139 (Wednesday, August 4, 2021)]
[Senate]
[Page S5869]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 2541. Mr. BRAUN (for himself and Mr. Schatz) submitted an 
amendment intended to be proposed to amendment SA 2137 proposed by Mr. 
Schumer (for Ms. Sinema (for herself, Mr. Portman, Mr. Manchin, Mr. 
Cassidy, Mrs. Shaheen, Ms. Collins, Mr. Tester, Ms. Murkowski, Mr. 
Warner, and Mr. Romney)) to the bill H.R. 3684, to authorize funds for 
Federal-aid highways, highway safety programs, and transit programs, 
and for other purposes; which was ordered to lie on the table; as 
follows:

        At the end of division C, add the following:

     SEC. 3____. AFFORDABLE HOUSING INCENTIVES IN CAPITAL 
                   INVESTMENT GRANTS.

       Section 5309 of title 49, United States Code (as amended by 
     section 30005(a)), is amended--
       (1) in subsection (g)--
       (A) in paragraph (2)(B)--
       (i) in clause (i) by striking ``; and'' and inserting a 
     semicolon;
       (ii) in clause (ii) by striking the period and inserting 
     ``; and''; and
       (iii) by adding at the end the following:
       ``(iii) allow a weighting of up to five percentage points 
     greater to the criteria relating to economic development 
     under subsection (d)(2)(A)(iii) or (e)(2)(A)(iv), as 
     applicable, and up to five percentage points lesser to the 
     lowest scoring criteria under either such subsection, if the 
     applicant demonstrates substantial effort to preserve or 
     encourage affordable housing near the project by--

       ``(I) providing documentation of policies that allow for 
     the approval of multi-family housing, single room occupancy 
     units, and accessory dwelling units without a discretionary 
     review process;
       ``(II) providing local capital sources for transit-oriented 
     development; or
       ``(III) other methods, as determined appropriate by the 
     Secretary.'';

       (B) in paragraph (3)--
       (i) in subparagraph (C) by striking ``and'' at the end;
       (ii) by redesignating subparagraph (D) as subparagraph (E); 
     and
       (iii) by inserting after subparagraph (C) the following:
       ``(D) in the case of a warrant that applies to the criteria 
     relating to economic development under subsection 
     (d)(2)(A)(iii) or (e)(2)(A)(iv), the applicant that requests 
     the use of such warrant has completed and submitted a housing 
     feasibility assessment; and''; and
       (C) by adding at the end the following:
       ``(9) Definition.--In this subsection, the term `housing 
     feasibility assessment' means an analysis of the physical, 
     legal, and financial viability of developing additional 
     housing along a project corridor.''; and
       (2) in subsection (l)(4)--
       (A) in subparagraph (B) by striking ``; or'' and inserting 
     a semicolon;
       (B) in subparagraph (C) by striking the period at the end 
     and inserting ``; or''; and
       (C) by adding at the end the following:
       ``(D) from grant proceeds distributed under section 103 of 
     the Housing and Community Development Act of 1974 (42 U.S.C. 
     5303) or section 201 of the Public Works and Economic 
     Development Act of 1965 (42 U.S.C. 3141), except that--
       ``(i) such proceeds are used in conjunction with the 
     planning or development of affordable housing; and
       ``(ii) such affordable housing is located within one-half 
     of a mile of a new defined station.''.
                                 ______