Sponsors (2)
Requires HUD to create a competitive grant program to fund local entities that demonstrate objective increases in attainable housing supply.
Official title: To establish a grant program to increase the local housing supply, and for other purposes.
Introduced November 7, 2025 by Emanuel Cleaver · Last progress November 7, 2025
Creates a competitive HUD "Innovation Fund" grant program to reward local governments, metro cities, urban counties, and Indian tribes that can show objective recent increases in housing supply. Grants must support or expand projects that produce "attainable housing" (defined by income-mix alternatives), may be used for eligible community development activities and certain regional transportation activities, and may serve as matching funds for EPA State Revolving Fund water programs when the grantee is the eligible entity. HUD must publish its eligibility methodology 90 days before the funding opportunity and establish the program within one year of enactment.