Bills · HR 7062
IN COMMITTEE· 119TH CONGRESS
House BillHR 7062Transportation and Public Works
Build HUBS Act
INTRO JAN 14· LAST ACTION JAN 15
READING
20MIN
COSPONSORS
3BIPARTISAN
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenThis bill matters because it directly tackles the ongoing housing crisis by encouraging development in areas that are already well-served by public transportation. If it becomes law, it could lead to the faster construction of more homes and businesses near transit hubs, making it easier for people to live close to work, schools, and services without relying as heavily on cars. By allowing alternative ways for projects to show financial soundness, it opens up federal funding to a wider range of projects, potentially including those in smaller communities or those focused on deeply affordable housing.
Without this bill, many transit-oriented development projects might struggle to secure financing due to strict traditional credit rating requirements, slowing down efforts to build more housing and revitalize communities around transit. The bill's provisions could lead to more vibrant, accessible, and economically robust neighborhoods by linking housing and transit development.
KEY PROVISIONS
4AI-extractedPROVISION 01
Extends the Transportation Infrastructure Finance and Innovation Act (TIFIA) program's eligibility timeframe by several years.
This ensures that a key federal loan program remains available for infrastructure and development projects, including transit-oriented ones, for a longer period.
PROVISION 02
Establishes a definition for "attainable housing project" as part of transit-oriented development, targeting households with incomes up to 120% of the area median income, with a majority of units for those up to 80% AMI.
This provision directs federal financing toward projects specifically addressing the need for more affordable housing options, helping to alleviate the housing crisis.
PROVISION 03
Creates an "investment-creditworthiness assessment alternative" for transit-oriented development projects applying for TIFIA and RRIF loans.
This makes it easier for projects to qualify for federal loans by allowing them to demonstrate financial soundness through various alternative methods instead of requiring a traditional investment-grade credit rating.
PROVISION 04
Modifies the eligibility rules for the TIFIA and RRIF programs to explicitly include and streamline financing for transit-oriented development projects.
This change helps to accelerate the development of mixed-use projects that combine housing, businesses, and public spaces near public transit.
SPONSORSHIP
1 + 3
D· California
YRS IN OFFICE
1
BILLS LED
11
COSPONSOR BREAKDOWNBIPARTISAN · 66%
DEM 1 REP 2 IND 0
ACTION TIMELINE
6 EVENTSJAN 15
Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
JAN 15
Referred to the Subcommittee on Highways and Transit.
JAN 14
Introduced in House
JAN 14
Referred to the House Committee on Transportation and Infrastructure.
BILL INFO
TypeHouse Bill
NumberHR 7062
Congress119th
StatusIn Committee
IntroducedJan 14, 2026
Last actionJan 15, 2026
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IN COMMITTEE· 119TH CONGRESS · TRANSPORTATION AND INFRASTRUCTURE COMMITTEE · INTRODUCED JAN 14, 2026
House BillHR 7062Transportation and Public Works
Build HUBS Act
INTRODUCED JAN 14, 2026· LAST ACTION JAN 15, 2026
PASSAGE CHANCES
—%
READING
20 min
COSPONSORS
3
COMPLEXITY
Moderate
