Temporarily removes force and effect of specified subsections of the Cranston-Gonzalez National Affordable Housing Act (as codified at 42 U.S.C. 12742) and implementing regulations/guidance for the duration of the referenced national emergency.

Temporarily removes force and effect of section 108(e) of the Community Development Banking and Financial Institutions Act (12 U.S.C. 4707(e)) and any implementing regulations or guidance related to housing development for the duration of the referenced national emergency.

Alters the application of the National Environmental Policy Act (NEPA) for housing projects during the referenced national emergency by requiring a single environmental review when multiple Federal programs are used.

Temporarily suspends the force and effect of statutory provisions (and related regulations or guidance) that prohibit duplication of benefits for certain disaster recovery housing uses during the referenced national emergency.

Inserts additional text immediately after subsection 2(a)(5) of 50 U.S.C. 4502.

Inserts additional text immediately after paragraph (14) of 50 U.S.C. 4552.