A bill to authorize a grant program for the development and implementation of housing supply and affordability plans, and for other purposes.

Bill 118 s 3684, also known as the Housing Supply and Affordability Act, is a proposed piece of legislation that aims to address the ongoing housing crisis in the United States. The bill seeks to authorize a grant program that would provide funding for the development and implementation of housing supply and affordability plans at the local level.

The main goal of the bill is to increase the availability of affordable housing options for individuals and families across the country. By providing grants to local governments and organizations, the bill aims to support efforts to create more housing units, improve existing housing stock, and implement policies that promote affordability.

In addition to funding for housing development and affordability initiatives, the bill also includes provisions for data collection and reporting on housing market trends, as well as requirements for transparency and accountability in the use of grant funds. Overall, the Housing Supply and Affordability Act is designed to address the pressing need for more affordable housing options in the United States and to support local efforts to increase housing supply and affordability.