Interagency Council on Affordable Housing Act of 2023

Bill 118 hr 2974, also known as the Interagency Council on Affordable Housing Act of 2023, aims to establish an interagency council that will focus on addressing the issue of affordable housing in the United States. The council will be comprised of representatives from various federal agencies, including the Department of Housing and Urban Development, the Department of Treasury, and the Department of Agriculture.

The primary goal of the council is to coordinate efforts between these agencies to develop and implement policies that will increase access to affordable housing for low and moderate-income individuals and families. This includes initiatives to increase the supply of affordable housing, improve the quality of existing affordable housing stock, and provide support for individuals and families struggling to afford housing.

The council will also be responsible for conducting research and data analysis to better understand the root causes of the affordable housing crisis and to identify effective solutions. Additionally, the council will work to engage with state and local governments, as well as non-profit organizations and private sector stakeholders, to leverage resources and expertise in addressing the affordable housing issue. Overall, the Interagency Council on Affordable Housing Act of 2023 seeks to bring together key stakeholders and resources to develop a comprehensive and coordinated approach to addressing the affordable housing crisis in the United States.