H.R. 5077: Strengthening Housing Supply Act of 2025

The Strengthening Housing Supply Act of 2025 aims to enhance the availability of affordable housing in the United States by making specific changes to existing funding programs. The key points of the bill are as follows:

Community Development Block Grant Program

The bill will authorize the use of funds from the Community Development Block Grant (CDBG) Program to support the construction of affordable housing. Previously, CDBG funds could be used for various activities, but the bill expands these eligible activities to include:

• The *new construction* of affordable housing, which is defined in the bill according to the terms set in the Cranston-Gonzalez National Affordable Housing Act.

Amendments to Existing Law

The legislation amends certain sections of the Housing and Community Development Act of 1974 to reflect these changes:

• It updates the definition of eligible activities under the CDBG Program to include the new construction of affordable housing.
• It also modifies the requirements regarding the affordability of housing, specifically stating that the affordable housing projects may include new construction, in addition to rehabilitation efforts.

Income Requirements

The bill stipulates that projects funded through these newly authorized activities will need to meet the low and moderate income requirements established in the original legislation, ensuring that the affordable housing provided will benefit those with lower income levels.

Effective Date

The amendments will take effect only for funds appropriated after the bill becomes law, meaning that any new funding would need to align with the updated eligibility criteria.

Relevant Companies

None found.