Sponsors (2)
The bill aims to streamline HUD–EDA joint projects and speed delivery for local communities through coordination and data-sharing, at the cost of added interagency work, possible delays while agencies align, and the risk of new administrative expenses or uneven implementation.
Local governments, state governments, and nonprofits will face fewer procedural barriers and faster delivery for jointly funded housing and economic development construction projects, speeding approvals and on-the-ground work.
Applicants (local governments, nonprofits, and small businesses) will have reduced duplicative reporting and clearer, faster interactions through designated HUD–EDA points of contact and more coordinated applications.
HUD and EDA sharing housing research and market data will support more evidence-based funding and community development decisions for state and local planners.
HUD and EDA will need to spend staff time and administrative resources to produce joint guidance, data-sharing arrangements, and the mandated report, which could divert capacity from grant implementation and program operations.
If interagency recommendations or coordination lead to new programs or mandates, taxpayers could face additional administrative costs or future spending.
Joint standardization and alignment efforts could delay individual agency rulemaking, notices, or grant timelines while definitions and processes are reconciled.
Based on analysis of 6 sections of legislative text.
Directs HUD and the EDA to enter a coordination agreement and deliver a joint report with recommendations to improve jointly funded construction projects.
Introduced March 2, 2026 by Margaret Wood Hassan · Last progress March 2, 2026
Requires the Department of Housing and Urban Development (HUD) and the Economic Development Administration (EDA) to create a formal interagency agreement to coordinate projects they jointly fund and to reduce duplicate paperwork and conflicting timelines. The agencies must share housing research and data, identify coordination barriers, and set clear points of contact for joint projects. Also requires the two agencies to deliver a joint report to Congress within one year with recommendations for legislative, regulatory, or administrative steps to improve efficiency and lower barriers to future jointly funded construction projects.