Proposed
Bill · 119th Congress · HR 5938
Innovation Fund Act
Refreshed 5 h ago
Introduced 2025-11-07Topic: housing · land use zoning · infrastructure utilitiesSummary
AI-generated summary, report an errorThis bill directs the Secretary of Housing and Urban Development to create, within one year, a competitive grant program for cities, counties, local governments, and Indian tribes that have shown growth in their local housing supply. Grant money could be used for community development activities, local transportation projects, matching funds for clean water or drinking water programs, and local efforts to expand housing for low- and moderate-income households. The Secretary would award at least 25 grants each year, each between $250,000 and $10 million, and give priority to places using new approaches to increase housing supply. The bill authorizes $200 million per year, adjusted for inflation, for fiscal years 2027 through 2031, and states that it does not let the Secretary override local zoning.
Sponsors
- Emanuel Cleaver Democrat sponsor
- 1 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2025-11-07 | House | Referred to the Committee on Financial Services, and in addition to the Committees on Transportation and Infrastructure, and Energy and Commerce, 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. | refer |
| 2025-11-07 | House | Referred to the Committee on Financial Services, and in addition to the Committees on Transportation and Infrastructure, and Energy and Commerce, 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. | refer |
| 2025-11-07 | House | Referred to the Committee on Financial Services, and in addition to the Committees on Transportation and Infrastructure, and Energy and Commerce, 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. | refer |
| 2025-11-07 | Introduced in House | introduce | |
| 2025-11-07 | Introduced in House | introduce |