Build Housing Affordably Act

The Build Housing Affordably Act requires the Department of Housing and Urban Development to study how the Build America, Buy America Act affects affordable housing projects, including costs, delays, and the efficiency of the waiver process. The bill mandates that the department must complete this study and submit a report to Congress within 90 days. Until that report is delivered, the new material sourcing rules will be paused for 60 days, and any waiver requests submitted during that time must be decided within 90 days or automatically granted. This legislation directly impacts builders, developers, and contractors working on federally assisted housing projects by temporarily removing compliance requirements and setting strict timelines for administrative decisions.