Housing Supply and Affordability Act

HR 7132 creates a federal grant program to help state and local governments, tribes, and Native Hawaiian organizations develop and implement housing plans. Grants fund both planning (creating strategies) and implementation (putting strategies into action) to increase housing supply and affordability while avoiding displacement of current residents. At least 10% of funds must support rural communities, and recipients must report annually on progress and submit final evaluations after three years. The program requires comprehensive plans addressing housing needs, land use reforms, and community engagement to expand housing options.