Some major bill elements: —New federal authority would acquire & develop projects; finance local efforts —Mixed-income housing portfolio, with very low, low, & market rate units —Repeal Faircloth limits on public housing development —$30b in annual grants & revolving loan fund

Be curious to know how the bill aligns or not, or if it was inspired by, the efforts described in this Vox article www.vox.com/policy/2024/...

What if public housing were for everyone?

Local governments are trying a new way to address the housing crisis.

Paging Catherine Bauer....