A bill to authorize a grant program for the development and implementation of housing supply and affordability plans, and for other purposes.
A bill to authorize a grant program for the development and implementation of housing supply and affordability plans, and for other purposes.
Plain Language Summary
# Summary of S 4020 **What the Bill Would Do** This bill would create a federal grant program to help cities, states, and local governments develop and carry out plans to increase the supply of affordable housing. The grants would fund planning efforts and implementation of strategies designed to make housing more available and affordable in communities across the country. **Who It Affects** The bill primarily affects local and state governments that would apply for these grants, as well as residents struggling with housing affordability and availability.
Real estate developers and housing advocates would also be impacted, as the grants could support various housing development initiatives and policy changes at the community level. **Current Status** S 4020 was introduced by Senator Amy Klobuchar (D-MN) in the 119th Congress and is currently in committee, meaning it has not yet been debated or voted on by the full Senate. The bill's specific provisions, funding amounts, and detailed requirements are not publicly detailed in the basic information available.
Latest Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.