Housing (Affordable Housing)

This bill repeals federal energy efficiency standards for manufactured housing that were set to take effect in 2022. It specifically nullifies a Department of Energy rule published in May 2022, removing requirements for energy conservation in manufactured homes. The change directly affects manufacturers and buyers of manufactured housing by eliminating these new efficiency mandates. The bill does not establish new standards but removes existing ones from the Energy Independence and Security Act of 2007.

This bill nullifies specific Department of Housing and Urban Development (HUD) rules related to fair housing implementation, including the 2015 "Affirmatively Furthering Fair Housing" final rule and related 2021 and 2023 regulations. It also prohibits federal funding for a database tracking racial disparities in housing access and requires HUD to consult with state, local, and public housing officials before developing new fair housing policies. The bill directly affects local governments, state housing agencies, and HUD by blocking enforcement of existing fair housing rules and mandating collaborative policy development. Key mechanisms include eliminating specific HUD regulations, banning a federal disparity database, and requiring consensus-based recommendations through structured federal-state-local consultations.

HR 3540, the Low-Income Housing Tax Credit Elimination Act, eliminates the federal Low-Income Housing Tax Credit (LIHTC) for new housing projects. It directly affects developers and investors who rely on this tax credit to fund affordable housing construction. The bill amends the tax code to end eligibility for the credit on buildings placed in service after the law's effective date. This means no new tax credits will be available for affordable housing developments starting in the next taxable year.

This bill nullifies specific Department of Housing and Urban Development (HUD) rules and notices related to "Affirmatively Furthering Fair Housing," including the 2015 final rule, 2021 interim rule, and 2023 proposed rule, as well as a 2015 notice about housing disparity assessments. It prohibits federal funding for a geospatial database tracking racial disparities in housing access or community housing inequities. The bill requires HUD to consult with state, local, and public housing agency officials to develop recommendations for fair housing implementation, mandating consensus-based reporting and public comment periods. This directly affects local governments, state housing officials, and public housing agencies by limiting federal oversight of local zoning decisions and housing policy enforcement.