This bill would require the President to declare a national housing emergency and to invoke the Defense Production Act to incentivize residential housing production. The bill was introduced in the House by Rep. Chrissy Houlahan and was referred to the Committee on Financial Services and the Committee on Transportation and Infrastructure. No publicly available information about specific provisions or implementation details is included in the provided text.
If enacted, the law would direct the President to declare a national housing emergency and use the Defense Production Act as a tool to encourage residential housing production. The provided text does not say what specific steps the federal government would take or how individuals, developers, or local governments would be affected.
No publicly available information about costs, funding sources, or budgetary effects is included in the provided text.
No publicly available information about supporters' arguments or stated benefits is included in the provided text.
No publicly available information about opponents' arguments or stated concerns is included in the provided text.