Pro-Housing Act of 2024
The Pro-Housing Act of 2024 establishes a federal grant and loan program to help states, cities, tribes, and local housing authorities develop and implement housing policy plans. These plans must increase housing supply and affordability, reduce development barriers, and avoid displacing residents, with 20% of funds reserved for rural and exurban areas. Eligible entities can apply for competitive grants (requiring local matching funds of 15-45% based on population) or low-interest direct loans, and the program includes a pilot to transfer unused federal properties for housing development. It allocates $200 million annually from 2025 to 2030 and requires annual reporting on plan progress and outcomes.
Bill status
in committee
1 of 4 stages cleared
Introduction
Aug 2024
Committee Review
Floor Vote
President
Introduced Aug 16, 2024
Last action Aug 17, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
2
Aug 17, 2024
Committee
Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
lower
Aug 16, 2024
Committee
Referred to the Committee on Financial Services, and in addition to the Committee on Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
lower
Aug 16, 2024
Introduced
Introduced in House
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Patrick Ryan
DDemocratic
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