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ROAD to Housing Act

9/25/2024, 2:53 AM

Summary of Bill S 5027

The Bill 118 s 5027, also known as the ROAD to Housing Act, is a piece of legislation introduced in the US Congress with the aim of addressing the issue of affordable housing. The bill seeks to provide funding and support for the development of affordable housing projects across the country.

One of the key provisions of the ROAD to Housing Act is the establishment of a grant program that would provide funding to state and local governments, as well as non-profit organizations, to build and maintain affordable housing units. The bill also includes measures to streamline the approval process for affordable housing projects, in order to expedite their construction and increase the supply of affordable housing.

Additionally, the ROAD to Housing Act includes provisions to address homelessness, including funding for supportive housing programs and services for individuals experiencing homelessness. The bill also aims to increase access to affordable housing for vulnerable populations, such as veterans, seniors, and individuals with disabilities. Overall, the ROAD to Housing Act is a comprehensive piece of legislation that seeks to address the pressing issue of affordable housing in the United States. By providing funding and support for affordable housing projects, as well as measures to address homelessness and increase access to affordable housing for vulnerable populations, the bill aims to make significant strides in improving housing affordability and stability for all Americans.

Current Status of Bill S 5027

Bill S 5027 is currently in the status of Bill Introduced since September 11, 2024. Bill S 5027 was introduced during Congress 118 and was introduced to the Senate on September 11, 2024.  Bill S 5027's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of September 11, 2024

Bipartisan Support of Bill S 5027

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
14
Democrat Cosponsors
0
Republican Cosponsors
14
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 5027

Primary Policy Focus

Alternate Title(s) of Bill S 5027

ROAD to Housing Act
ROAD to Housing Act
Renewing Opportunity in the American Dream to Housing Act
A bill to increase access to affordable housing, reduce regulatory barriers, increase oversight, and assist the most vulnerable.

Comments

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