ROAD to Housing Act

9/25/2024, 2:53 AM
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
The Bill 118 s 5027, also known as the ROAD to Housing Act, is a piece of legislation introduced in the US Congress with the aim of addressing the issue of affordable housing. The bill seeks to provide funding and support for the development of affordable housing projects across the country.

One of the key provisions of the ROAD to Housing Act is the establishment of a grant program that would provide funding to state and local governments, as well as non-profit organizations, to build and maintain affordable housing units. The bill also includes measures to streamline the approval process for affordable housing projects, in order to expedite their construction and increase the supply of affordable housing.

Additionally, the ROAD to Housing Act includes provisions to address homelessness, including funding for supportive housing programs and services for individuals experiencing homelessness. The bill also aims to increase access to affordable housing for vulnerable populations, such as veterans, seniors, and individuals with disabilities. Overall, the ROAD to Housing Act is a comprehensive piece of legislation that seeks to address the pressing issue of affordable housing in the United States. By providing funding and support for affordable housing projects, as well as measures to address homelessness and increase access to affordable housing for vulnerable populations, the bill aims to make significant strides in improving housing affordability and stability for all Americans.
Congress
118

Number
S - 5027

Introduced on
2024-09-11

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

9/11/2024

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
The Bill 118 s 5027, also known as the ROAD to Housing Act, is a piece of legislation introduced in the US Congress with the aim of addressing the issue of affordable housing. The bill seeks to provide funding and support for the development of affordable housing projects across the country.

One of the key provisions of the ROAD to Housing Act is the establishment of a grant program that would provide funding to state and local governments, as well as non-profit organizations, to build and maintain affordable housing units. The bill also includes measures to streamline the approval process for affordable housing projects, in order to expedite their construction and increase the supply of affordable housing.

Additionally, the ROAD to Housing Act includes provisions to address homelessness, including funding for supportive housing programs and services for individuals experiencing homelessness. The bill also aims to increase access to affordable housing for vulnerable populations, such as veterans, seniors, and individuals with disabilities. Overall, the ROAD to Housing Act is a comprehensive piece of legislation that seeks to address the pressing issue of affordable housing in the United States. By providing funding and support for affordable housing projects, as well as measures to address homelessness and increase access to affordable housing for vulnerable populations, the bill aims to make significant strides in improving housing affordability and stability for all Americans.
Alternative Names
Official Title as IntroducedA bill to increase access to affordable housing, reduce regulatory barriers, increase oversight, and assist the most vulnerable.

Comments

Recent Activity

Latest Action9/11/2024
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.