House BillHR 5105Housing and Community Development
UNLOCK Act
INTRO SEP 3· LAST ACTION SEP 3
READING
1MIN
COSPONSORS
13BIPARTISAN
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8
Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-written
Voters should care about this bill because it aims to address the ongoing housing affordability crisis by increasing the supply of new, affordable homes. Many communities across the country face shortages of housing that people with average or below-average incomes can afford.
If this bill becomes law, communities would have a new tool to tackle these shortages, potentially leading to more housing construction specifically for those in need. If it doesn't pass, these federal funds might remain restricted from being used for new construction in the same way, potentially limiting local governments' ability to directly build new affordable housing and prolonging housing supply issues.
KEY PROVISIONS
3AI-extracted
PROVISION 01
Allows funds from Section 106 of the Housing and Community Development Act of 1974 to be used for the construction of new residential housing.
This provision directly enables federal funds to be spent on building new homes, which is crucial for increasing housing supply.
PROVISION 02
Specifies that the new residential housing constructed using these funds must be for low- and moderate-income persons.
This ensures the housing built targets a specific demographic that often struggles with affordability, addressing a critical need.
PROVISION 03
Permits the construction of this housing to occur with or without the assistance of neighborhood-based, private, or public nonprofit organizations.
This encourages partnerships and leverages the expertise and resources of local community groups in housing development.
Voters should care about this bill because it aims to address the ongoing housing affordability crisis by increasing the supply of new, affordable homes. Many communities across the country face shortages of housing that people with average or below-average incomes can afford.
If this bill becomes law, communities would have a new tool to tackle these shortages, potentially leading to more housing construction specifically for those in need. If it doesn't pass, these federal funds might remain restricted from being used for new construction in the same way, potentially limiting local governments' ability to directly build new affordable housing and prolonging housing supply issues.
KEY PROVISIONS
AI-extracted
high
Allows funds from Section 106 of the Housing and Community Development Act of 1974 to be used for the construction of new residential housing.
This provision directly enables federal funds to be spent on building new homes, which is crucial for increasing housing supply.
high
Specifies that the new residential housing constructed using these funds must be for low- and moderate-income persons.
This ensures the housing built targets a specific demographic that often struggles with affordability, addressing a critical need.
med
Permits the construction of this housing to occur with or without the assistance of neighborhood-based, private, or public nonprofit organizations.
This encourages partnerships and leverages the expertise and resources of local community groups in housing development.
GLOSSARY
AI-written
Housing and Community Development Act of 1974
A major federal law that created programs to help communities address housing and urban development needs, including providing funding to local governments.
Section 106
Refers to the part of the Housing and Community Development Act of 1974 that outlines the Community Development Block Grant (CDBG) program, which provides federal funds to states and local governments for community development activities.
Metropolitan City / Urban County
Specific categories of local governments that are eligible to receive direct federal funding under community development programs due to their population size or other characteristics.
Insular Area
A U.S. territory, such as Puerto Rico, Guam, or the U.S. Virgin Islands.
Tribal Entity
A Native American tribe or a tribal organization recognized by the federal government.
Low- and Moderate-Income Persons
Individuals or families whose income falls within specific limits set by the government, typically making them eligible for certain housing or assistance programs.
Residential Housing
ACTION TIMELINE
2 EVENTS
SEP 3, 25
Introduced in House
INTROREFERRAL
SEP 3, 25
Referred to the House Committee on Financial Services.
