Bill 119 HR 891, also known as the "Affordable Housing Development Act," aims to address the issue of affordable housing in the United States. The bill directs the Secretary of Housing and Urban Development and the Administrator of the General Services Administration to establish programs that will promote the development of affordable housing.
Specifically, the bill outlines measures to increase the availability of affordable housing for low-income individuals and families. This includes providing financial assistance to developers who are building affordable housing units, as well as offering incentives for the construction of affordable housing in areas with high demand.
Additionally, the bill includes provisions to streamline the process for obtaining permits and approvals for affordable housing projects, in order to expedite the development process. It also calls for the creation of a task force to study and make recommendations on ways to further improve the availability of affordable housing in the US.
Overall, Bill 119 HR 891 seeks to address the pressing issue of affordable housing in the US by establishing programs and initiatives that will encourage the development of affordable housing units for those in need.