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This bill matters because it attempts to directly address the widespread and growing issues of housing affordability and homelessness in the United States. If passed, it could lead to a substantial increase in the availability of affordable homes, help more people avoid eviction, and provide crucial support services for vulnerable populations, potentially reducing the number of people living without stable housing and improving their quality of life.
Without this bill, many existing housing programs might remain underfunded, and innovative solutions to homelessness might not receive the necessary financial backing. Voters should care because housing stability affects everything from individual health and economic well-being to community safety and overall economic growth, impacting not only those directly in need but also the broader society through reduced public service burdens and increased productivity.
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This bill matters because it attempts to directly address the widespread and growing issues of housing affordability and homelessness in the United States. If passed, it could lead to a substantial increase in the availability of affordable homes, help more people avoid eviction, and provide crucial support services for vulnerable populations, potentially reducing the number of people living without stable housing and improving their quality of life.
Without this bill, many existing housing programs might remain underfunded, and innovative solutions to homelessness might not receive the necessary financial backing. Voters should care because housing stability affects everything from individual health and economic well-being to community safety and overall economic growth, impacting not only those directly in need but also the broader society through reduced public service burdens and increased productivity.
An AI model extracted this from the bill’s official record and can make mistakes. Check the official text ↗ (opens in new tab)
An AI model extracted this from the bill’s official record and can make mistakes. Check the official text ↗ (opens in new tab)
| AMOUNT | PROGRAM | TYPE | YEARS |
|---|---|---|---|
| $45,000,000,000 | Housing Trust Fund | discretionary | each of fiscal years 2025 through 2034 |
| $2,500,000,000 | Supportive Housing for the Elderly (Section 202) capital advance awards, project-based rental assistance, and service coordinators | discretionary | fiscal year 2025, to remain available until September 30, 2034 |
| $15,000,000 | Technical assistance for Supportive Housing for the Elderly program | discretionary | fiscal year 2025, to remain available until September 30, 2034 |
| $125,000,000 | Administration and oversight for Supportive Housing for the Elderly program | discretionary | fiscal year 2025, to remain available until September 30, 2034 |
| $900,000,000 | Supportive Housing for People with Disabilities (Section 811) capital advances and project rental assistance |
| discretionary |
| fiscal year 2025, to remain available until September 30, 2034 |