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H.R. 855: Housing Innovation Act

This bill, known as the Housing Innovation Act, aims to establish an Office of Housing Innovation within the Department of Housing and Urban Development (HUD) to address housing shortages and affordability issues in the United States. Here are the key components of the bill:

Creation of the Office of Housing Innovation

The bill directs the creation of an Office of Housing Innovation, which will be managed by an Assistant Secretary for Housing Innovation. This office will focus on:

  • Collecting and sharing information on innovative housing practices and successful case studies.
  • Administering grant programs that encourage partnerships to develop new housing solutions.
  • Coordinating with other federal agencies to address workforce housing needs.
  • Providing technical assistance to local governments to improve planning and policies that increase housing supply.

Grants for Local Planning Efforts

The Secretary of HUD will be authorized to provide grants to eligible localities for planning efforts aimed at improving housing supply. Eligible localities include urbanized areas as defined by the U.S. Census Bureau. Grants could be used to:

  • Increase the number of housing units.
  • Enhance housing affordability.
  • Diversify housing options, including multifamily and new forms of housing.
  • Improve commute times and reduce traffic congestion.

The maximum grant amount for local planning may not exceed $2,000,000.

Research and Pilot Projects

The bill also provides for grants aimed at encouraging partnerships for research and pilot projects. These grants will be available to local governments, academic institutions, and nonprofit organizations to explore ways to enhance housing development and community integration. Funding can support studies on:

  • Improving commuting experiences.
  • Accommodating students in the community.
  • Facilitating home-sharing opportunities.
  • Integrating business with residential neighborhoods.
  • Innovative building techniques and public health improvements.

The limit for grants in this section is set at $500,000.

Grants for Educational Activities

The bill establishes a program for educational grants to partnerships that include academic institutions. These grants will support community outreach focused on housing, community development, and regional planning, with a maximum amount of $200,000 for each grant.

Federal Oversight and Funding

The bill mandates a review of the effectiveness of the grant programs after three years. It proposes a total authorization of $100,000,000 annually for HUD from 2026 to 2032 to implement the provisions of the bill, specifically allocating funds between local planning grants, research projects, and educational activities.

The funding should not reduce federal support for existing affordable housing programs.

Goals and Coordination

The overarching goals of this legislation are to diversify housing options, improve housing accessibility, and reduce community challenges related to housing shortages, such as long commutes and urban congestion.

Relevant Companies

  • PHM - PulteGroup, Inc.: As a major homebuilder, PulteGroup may see opportunities for partnerships in innovative housing solutions that align with the goals of the Office of Housing Innovation.
  • DHI - D.R. Horton, Inc.: Another significant player in homebuilding, D.R. Horton could be impacted positively by increased demand for affordable housing projects funded through new federal grants.
  • LEN - Lennar Corporation: As one of the largest construction and homebuilding companies, Lennar may benefit from policies encouraging the diversification of housing supply as per the bill's intentions.

This is an AI-generated summary of the bill text. There may be mistakes.

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Sponsors

1 sponsor

Actions

2 actions

Date Action
Jan. 31, 2025 Introduced in House
Jan. 31, 2025 Referred to the House Committee on Financial Services.

Corporate Lobbying

0 companies lobbying

None found.

* Note that there can be significant delays in lobbying disclosures, and our data may be incomplete.

Potentially Relevant Congressional Stock Trades

Estimated excess return of the underlying stock since the transaction
Politician Stock Transaction Filed Traded
Congress pfp
Ro Khanna D / House
PHM logo
PHM PULTEGROUP INC. CMN
Sale $1,001 - $15,000
Jul 09, 2025 Jun 23, 2025 -0.08%
Congress pfp
Gilbert Ray Cisneros, Jr. D / House
LEN logo
LEN LENNAR CORPORATION CLASS A COMMON STOCK
Purchase $1,001 - $15,000
Jun 06, 2025 May 30, 2025 -3.13%
Congress pfp
Ro Khanna D / House
PHM logo
PHM PULTEGROUP INC. CMN
Sale $1,001 - $15,000
Jun 10, 2025 May 19, 2025 +0.47%
Congress pfp
Ro Khanna D / House
DHI logo
DHI D.R. HORTON, INC. CMN
Purchase $1,001 - $15,000
Jun 10, 2025 May 19, 2025 -0.17%
Congress pfp
Jefferson Shreve R / House
PHM logo
PHM PULTEGROUP, INC. COMMON STOCK
Sale $15,001 - $50,000
Jun 22, 2025 May 12, 2025 -5.13%
Congress pfp
Jefferson Shreve R / House
LEN logo
LEN LENNAR CORPORATION CLASS A COMMON STOCK
Sale $15,001 - $50,000
Jun 22, 2025 May 12, 2025 -10.23%
Congress pfp
Jefferson Shreve R / House
LEN logo
LEN LENNAR CORPORATION CLASS A COMMON STOCK
Purchase $15,001 - $50,000
Jun 22, 2025 May 08, 2025 -11.02%
Congress pfp
Josh Gottheimer D / House
DHI logo
DHI D.R. HORTON, INC. COMMON STOCK
Purchase $1,001 - $15,000
May 14, 2025 Apr 21, 2025 -13.17%
Congress pfp
Ro Khanna D / House
DHI logo
DHI D.R. HORTON, INC. CMN
Sale $1,001 - $15,000
May 12, 2025 Apr 09, 2025 -6.99%
Congress pfp
Robert Bresnahan R / House
LEN logo
LEN LENNAR CORPORATION CLASS A COMMON STOCK
Sale $1,001 - $15,000
Apr 28, 2025 Apr 08, 2025 -19.82%
Congress pfp
Robert Bresnahan R / House
DHI logo
DHI D.R. HORTON, INC. COMMON STOCK
Purchase $1,001 - $15,000
May 08, 2025 Apr 08, 2025 -11.99%
Congress pfp
Michael T. McCaul R / House
LEN logo
LEN LENNAR CORP
Purchase $50,001 - $100,000
Apr 17, 2025 Apr 05, 2025 -22.06%
Congress pfp
Michael T. McCaul R / House
LEN logo
LEN LENNAR CORP
Purchase $1,001 - $15,000
Apr 17, 2025 Apr 05, 2025 -22.06%
Congress pfp
Michael T. McCaul R / House
LEN logo
LEN LENNAR CORP
Purchase $1,001 - $15,000
May 12, 2025 Apr 01, 2025 -16.10%
Congress pfp
Michael T. McCaul R / House
LEN logo
LEN LENNAR CORP
Purchase $1,001 - $15,000
May 12, 2025 Apr 01, 2025 -16.10%
Congress pfp
Jefferson Shreve R / House
LEN logo
LEN LENNAR CORPORATION CLASS A COMMON STOCK
Sale $15,001 - $50,000
Apr 11, 2025 Mar 31, 2025 -16.74%
Congress pfp
Kelly Morrison D / House
DHI logo
DHI D.R. HORTON, INC. COMMON STOCK
Sale $1,001 - $15,000
Apr 11, 2025 Mar 20, 2025 -10.57%
Congress pfp
Kelly Morrison D / House
DHI logo
DHI D.R. HORTON, INC. COMMON STOCK
Sale $1,001 - $15,000
Apr 11, 2025 Mar 20, 2025 -10.57%
Congress pfp
Josh Gottheimer D / House
DHI logo
DHI D.R. HORTON, INC. COMMON STOCK
Sale $1,001 - $15,000
Apr 10, 2025 Mar 19, 2025 -9.74%
Congress pfp
Ro Khanna D / House
PHM logo
PHM PULTEGROUP INC. CMN
Purchase $1,001 - $15,000
Apr 10, 2025 Mar 12, 2025 -6.79%
Congress pfp
Ro Khanna D / House
DHI logo
DHI D.R. HORTON, INC. CMN
Sale $1,001 - $15,000
Mar 06, 2025 Feb 25, 2025 -5.98%
Congress pfp
Ro Khanna D / House
PHM logo
PHM PULTEGROUP INC. CMN
Purchase $1,001 - $15,000
Mar 06, 2025 Feb 25, 2025 -2.76%
Congress pfp
Robert Bresnahan R / House
DHI logo
DHI D.R. HORTON, INC. COMMON STOCK
Sale $1,001 - $15,000
Mar 27, 2025 Feb 25, 2025 -5.98%
Congress pfp
Jefferson Shreve R / House
PHM logo
PHM PULTEGROUP, INC. COMMON STOCK
Purchase $15,001 - $50,000
Mar 09, 2025 Feb 24, 2025 +2.35%
Congress pfp
Jefferson Shreve R / House
LEN logo
LEN LENNAR CORPORATION CLASS A COMMON STOCK
Sale $15,001 - $50,000
Mar 09, 2025 Feb 24, 2025 -13.54%
Congress pfp
Josh Gottheimer D / House
DHI logo
DHI D.R. HORTON, INC. COMMON STOCK
Sale $1,001 - $15,000
Mar 06, 2025 Feb 13, 2025 -1.16%
Congress pfp
Ro Khanna D / House
DHI logo
DHI D.R. HORTON, INC. CMN
Sale $1,001 - $15,000
Feb 06, 2025 Jan 22, 2025 -13.91%
Congress pfp
Ro Khanna D / House
DHI logo
DHI D.R. HORTON, INC. CMN
Purchase $1,001 - $15,000
Feb 06, 2025 Jan 17, 2025 -15.88%
Congress pfp
Josh Gottheimer D / House
DHI logo
DHI D.R. HORTON, INC. COMMON STOCK
Purchase $1,001 - $15,000
Feb 10, 2025 Jan 16, 2025 -16.25%
Congress pfp
Josh Gottheimer D / House
DHI logo
DHI D.R. HORTON, INC. COMMON STOCK
Sale $1,001 - $15,000
Jan 14, 2025 Dec 16, 2024 -14.29%
Congress pfp
Ro Khanna D / House
PHM logo
PHM PULTEGROUP INC. CMN
Purchase $1,001 - $15,000
Dec 05, 2024 Nov 15, 2024 -22.40%
Congress pfp
Ro Khanna D / House
DHI logo
DHI D.R. HORTON, INC. CMN
Purchase $1,001 - $15,000
Dec 05, 2024 Nov 15, 2024 -25.72%
Congress pfp
Josh Gottheimer D / House
DHI logo
DHI D.R. HORTON, INC. COMMON STOCK
Purchase $1,001 - $15,000
Dec 05, 2024 Nov 01, 2024 -31.42%
Congress pfp
Ro Khanna D / House
DHI logo
DHI D.R. HORTON, INC. CMN
Sale $1,001 - $15,000
Nov 08, 2024 Oct 14, 2024 -37.11%
Congress pfp
Ro Khanna D / House
DHI logo
DHI D.R. HORTON, INC. CMN
Purchase $1,001 - $15,000
Sep 06, 2024 Aug 02, 2024 -43.69%
Congress pfp
Josh Gottheimer D / House
DHI logo
DHI D.R. HORTON, INC. COMMON STOCK
Purchase $1,001 - $15,000
Aug 15, 2024 Jul 31, 2024 -40.92%
Congress pfp
Josh Gottheimer D / House
DHI logo
DHI D.R. HORTON, INC. COMMON STOCK
Purchase $1,001 - $15,000
Aug 15, 2024 Jul 19, 2024 -38.66%
Congress pfp
Ro Khanna D / House
DHI logo
DHI D.R. HORTON, INC. CMN
Sale $1,001 - $15,000
Aug 07, 2024 Jul 02, 2024 -17.03%
Congress pfp
Ro Khanna D / House
DHI logo
DHI D.R. HORTON, INC. CMN
Sale $1,001 - $15,000
Aug 07, 2024 Jul 01, 2024 -19.06%
Congress pfp
Josh Gottheimer D / House
DHI logo
DHI D.R. HORTON, INC. COMMON STOCK
Sale $1,001 - $15,000
Jul 09, 2024 Jun 18, 2024 -20.02%
Congress pfp
Ro Khanna D / House
DHI logo
DHI D.R. HORTON, INC. CMN
Purchase $1,001 - $15,000
Jun 05, 2024 May 29, 2024 -26.21%
Congress pfp
Ro Khanna D / House
PHM logo
PHM PULTEGROUP INC. CMN
Sale $1,001 - $15,000
Jun 05, 2024 May 29, 2024 -22.23%
Congress pfp
Ro Khanna D / House
DHI logo
DHI D.R. HORTON, INC. CMN
Purchase $1,001 - $15,000
Jun 05, 2024 May 28, 2024 -26.33%
Congress pfp
Ro Khanna D / House
DHI logo
DHI D.R. HORTON, INC. CMN
Sale $1,001 - $15,000
May 06, 2024 Apr 26, 2024 -32.95%
Congress pfp
Ro Khanna D / House
PHM logo
PHM PULTEGROUP INC. CMN
Purchase $1,001 - $15,000
May 06, 2024 Apr 26, 2024 -27.51%
Congress pfp
Ro Khanna D / House
DHI logo
DHI D.R. HORTON, INC. CMN
Sale $1,001 - $15,000
May 06, 2024 Apr 23, 2024 -35.23%
Congress pfp
Tommy Tuberville R / Senate
PHM logo
PHM PulteGroup, Inc. Common Stock
Sale (Full) $1,001 - $15,000
May 15, 2024 Apr 04, 2024 -26.42%
Congress pfp
Ro Khanna D / House
DHI logo
DHI D.R. HORTON, INC. CMN
Purchase $1,001 - $15,000
Apr 05, 2024 Mar 20, 2024 -37.29%
Congress pfp
Josh Gottheimer D / House
DHI logo
DHI D.R. HORTON, INC. COMMON STOCK
Purchase $1,001 - $15,000
Apr 07, 2024 Mar 14, 2024 -34.38%
Congress pfp
Josh Gottheimer D / House
DHI logo
DHI D.R. HORTON, INC. COMMON STOCK
Purchase $1,001 - $15,000
Apr 07, 2024 Mar 07, 2024 -37.19%
Congress pfp
Ro Khanna D / House
DHI logo
DHI D.R. HORTON, INC. CMN
Purchase $1,001 - $15,000
Feb 05, 2024 Jan 10, 2024 -46.59%
Congress pfp
Ro Khanna D / House
LEN logo
LEN LENNAR CORPORATION CMN CLASS A
Sale $15,001 - $50,000
Feb 05, 2024 Jan 10, 2024 -57.90%
Congress pfp
Ro Khanna D / House
DHI logo
DHI D.R. HORTON, INC. CMN
Purchase $1,001 - $15,000
Feb 05, 2024 Jan 10, 2024 -46.59%
Congress pfp
Josh Gottheimer D / House
DHI logo
DHI D.R. HORTON, INC.
Purchase $1,001 - $15,000
Jan 07, 2024 Dec 11, 2023 -41.17%
Congress pfp
Tommy Tuberville R / Senate
PHM logo
PHM PulteGroup, Inc. Common Stock
Purchase $1,001 - $15,000
Nov 16, 2023 Oct 17, 2023 +4.68%
Congress pfp
Ro Khanna D / House
DHI logo
DHI D.R. HORTON, INC. CMN
Purchase $1,001 - $15,000
Nov 08, 2023 Oct 02, 2023 -23.00%
Congress pfp
Ro Khanna D / House
DHI logo
DHI #NAME?
Sale $1,001 - $15,000
Aug 07, 2023 Jul 28, 2023 -34.25%