Build More Housing Near Transit Act of 2023

Bill 118 s 3216, also known as the Build More Housing Near Transit Act of 2023, aims to address the housing crisis in the United States by encouraging the development of more housing near public transportation hubs. The bill recognizes that access to affordable housing is a critical issue for many Americans, and that proximity to public transportation can help reduce transportation costs and improve overall quality of life.

The key provisions of the bill include providing grants and incentives to local governments and developers to build housing near transit stations, streamlining the approval process for transit-oriented development projects, and promoting mixed-income housing to ensure that a variety of income levels are served.

Additionally, the bill includes measures to protect existing affordable housing near transit from being displaced by new development, and to ensure that new housing developments are designed to be sustainable and environmentally friendly. Overall, the Build More Housing Near Transit Act of 2023 seeks to promote smart growth and sustainable development practices that will benefit both residents and communities across the country.