The bill would authorize the Department of Housing and Urban Development to award competitive grants to improve neighborhoods with extreme poverty and severely distressed housing. Plans would have to address housing, economic opportunities, services, education, public spaces, transportation, and access to jobs. They would generally have to replace every demolished or disposed-of public or assisted housing unit and protect displaced residents’ options to return or receive relocation help. The bill was introduced in the Senate and referred to the Committee on Banking, Housing, and Urban Affairs.
If a neighborhood receives a grant, residents could see housing repaired, replaced, or added, along with eligible services and community improvements. Residents affected by redevelopment would have rights to relocation assistance and, if they meet the stated conditions, a chance to return to replacement housing. Grants would require resident involvement in planning.
The bill would authorize $1 billion for grants for fiscal year 2026 and whatever amounts are needed in later fiscal years. It would also authorize necessary funding for tenant-based relocation and rental assistance, subject to a limit tied to the number of units demolished or disposed of. These are authorizations, not amounts reported as spent.
The bill’s stated aim is to help transform neighborhoods of extreme poverty into sustainable, mixed-income communities with affordable housing and better access to services, education, transportation, and jobs. No publicly available information.
No publicly available information.