Community Housing Act of 2024

Hozzl · 2024-12-19T09:06:56Z

Explore the details of House Bill 7325 Community Housing Act of 2024 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Housing and Community Development. Stay informed on legislative developments.

12/19/2024, 9:06 AM

Summary of Bill HR 7325

The Community Housing Act of 2024, also known as Bill 118 hr 7325, is a piece of legislation introduced in the US Congress aimed at addressing the issue of affordable housing in communities across the country. The bill seeks to provide funding and support for the development of affordable housing units, as well as programs to help low-income individuals and families access safe and stable housing.

One of the key provisions of the bill is the establishment of a grant program to assist local governments and non-profit organizations in building and maintaining affordable housing units. These grants would be used to fund the construction of new housing developments, as well as the renovation of existing properties to make them more affordable for low-income residents.

Additionally, the Community Housing Act of 2024 includes provisions to expand access to rental assistance programs for low-income individuals and families. This would help to ensure that those in need have access to affordable housing options, reducing the risk of homelessness and housing instability. The bill also includes measures to address housing discrimination and promote fair housing practices. This includes funding for programs to educate landlords and tenants about their rights and responsibilities, as well as resources to investigate and address instances of housing discrimination. Overall, the Community Housing Act of 2024 aims to improve access to affordable housing for all Americans, particularly those in low-income communities. By providing funding and support for the development of affordable housing units and rental assistance programs, the bill seeks to address the growing housing crisis in the United States and ensure that all individuals and families have access to safe and stable housing.

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Current Status of Bill HR 7325

Bill HR 7325 is currently in the status of Bill Introduced since February 13, 2024. Bill HR 7325 was introduced during Congress 118 and was introduced to the House on February 13, 2024. Bill HR 7325's most recent activity was Referred to the Subcommittee on Work and Welfare. as of December 17, 2024

Bipartisan Support of Bill HR 7325

Total Number of Sponsors

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Unaffiliated Sponsors

Total Number of Cosponsors

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Policy Area and Potential Impact of Bill HR 7325

Primary Policy Focus

Housing and Community Development

Alternate Title(s) of Bill HR 7325

Community Housing Act of 2024Community Housing Act of 2024To address the housing crisis through bold investments to increase and preserve the national affordable housing supply, paths to homeownership, and perpetual affordability through shared equity housing and community land trust models, investigating landlord price fixing, and providing relief for rural renters, and for other purposes.

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