Project Turnkey Act

# Project Turnkey Act Summary **What It Does:** The Project Turnkey Act would provide federal funding to help cities and states quickly convert vacant or underused buildings into permanent housing for people experiencing homelessness. The bill aims to speed up the process of acquiring and renovating properties so they can be used as affordable housing. By focusing on existing structures rather than new construction, the legislation is designed to create housing solutions faster and at lower cost than traditional development. **Who It Affects:** The bill primarily targets homeless populations and would affect local housing authorities, nonprofits, and government agencies working on homelessness.

Communities with vacant properties and housing shortages would be positioned to apply for these federal grants. Property owners and developers could also potentially benefit from contracts to renovate buildings. **Current Status:** HR 1042 is currently in committee, meaning it has been introduced but has not yet been debated or voted on by the full House of Representatives. The bill was sponsored by Representative Suzanne Bonamici (D-Oregon).