Adds ADU loans/grants under Section 533 with caps, owner-occupancy rules, administrative limits, and a $200M authorization.
Official title: Amend the Housing Act of 1949 to permit certain grants to be used for accessory dwelling units, and for other purposes.
Introduced February 24, 2025 by Angus Stanley King · Last progress February 24, 2025
Provides new authority and rules to fund accessory dwelling units (ADUs) and other single-family housing assistance through an amendment to Section 533 of the Housing Act of 1949. The bill adds ADUs as an allowable use, sets program limits and caps (per-person and per-ADU), requires owner-occupancy and repayment if conditions are violated, allows up to 20% for administrative costs under specified rules, and authorizes $200 million in funding available until expended. Key rules include a 25-year minimum housing age for single-family assistance eligibility, a $200,000 cap per individual, ADU grants/loans limited to 50% of ADU cost up to $100,000 (inflation-adjusted after 2026), and requirements that most single-family assistance be delivered as grants (at least 75%).