S. 1674 · 117th Congress
Affordable Housing Production Act
- Stage
- In committee
- Sponsor
- Catherine Cortez Masto
- Introduced
- 2021-05-18
- Latest action
- 2021-05-18 · Introduced in Senate
Summary
Affordable Housing Production Act
This bill allows the Department of the Treasury to transfer Troubled Asset Relief Program funds to the Department of Housing and Urban Development's Housing Trust Fund. This fund provides grants to states to (1) increase and preserve the supply of rental housing for extremely low-income and very low-income families, including homeless families; and (2) increase homeownership for extremely low-income and very low-income families.