This bill would require the Secretary of Housing and Urban Development to create a pilot program that gives grants to eligible entities. The grants would pay for pre-development activities tied to new construction or rehabilitation of housing that qualifies as affordable housing when that housing is on land owned by faith-based organizations. The bill was introduced in the House, sponsored by Representatives Alma Adams and Adriano Espaillat, and was referred to the House Committee on Financial Services. No publicly available information about other program details is included in the available text.
If you are a faith-based organization that owns land, a developer, or a local housing partner, the bill could create a new source of grant funding for pre-development work on affordable housing projects on land owned by those faith-based organizations. No publicly available information explains who exactly would be eligible, how to apply, how many grants would be offered, or what activities the grants would cover.
No publicly available information about the total cost, funding amounts, appropriations, or budgetary effects is included in the available text.
No publicly available information.
No publicly available information.