H.R. 3215: Utilizing National Land for Opportunities and Community Key (UNLOCK) Housing Act
This bill, known as the Utilizing National Land for Opportunities and Community Key (UNLOCK) Housing Act, aims to promote the development of affordable housing in the United States. Here’s a summary of its main provisions:
Public Purpose of Affordable Housing
The bill redefines the concept of “public purpose” under the Recreation and Public Purposes Act to include the development, operation, and maintenance of affordable housing, specifically targeting extremely low-income, very low-income, or low-income families.
Establishment of a Joint Task Force
Within 30 days of the bill's enactment, the Secretary of Housing and Urban Development and the Secretary of the Interior are required to create a Joint Task Force on Federal Land for Housing. This group will be responsible for:
- Identifying underutilized Federal land that can be used for residential development.
- Streamlining the processes involved in transferring land for housing use.
- Promoting policies aimed at increasing the availability of affordable housing.
- Assessing and quantifying the costs incurred by federal and state governments due to the lack of affordable housing.
Annual Reporting
The Joint Task Force will be required to submit an annual report to Congress detailing the activities and progress made in the past year regarding the promotion of affordable housing.
Duration of the Task Force's Activities
The task force is set to operate for a period of 10 years after the enactment of this legislation, after which it will be disbanded.
Goals of the Bill
The overarching goal of the UNLOCK Housing Act is to facilitate and streamline the use of federal lands for constructing affordable housing, thus addressing the housing crisis in various communities across the country.
Relevant Companies
- PHM (PulteGroup, Inc.): Manufacturing and selling of homes may be positively affected by increased availability of land for affordable housing.
- DHI (D.R. Horton, Inc.): As a major homebuilder, the company could see a benefit in land acquisition opportunities for developing affordable housing projects.
- TOL (Toll Brothers, Inc.): Could be impacted by changes in land use policies that may affect their ability to develop residential properties.
This is an AI-generated summary of the bill text. There may be mistakes.
Sponsors
1 sponsor
Actions
2 actions
| Date | Action |
|---|---|
| May. 06, 2025 | Introduced in House |
| May. 06, 2025 | Referred to the Committee on Natural Resources, and in addition to the Committee on Financial Services, 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. |
Corporate Lobbying
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