NO TOD Act
Federal Funding for Housing and Shops Near Transit
This bill is currently in the early stages of the legislative process after being sent to the House Committee on Transportation and Infrastructure. It is actively moving through the system, but no future hearings or votes have been scheduled yet. There is no companion bill listed for this legislation at this time.
Legislative Progress
This bill faces strong opposition from lawmakers who support public transit and urban housing. It is unlikely to gain the bipartisan support needed to pass both chambers.
Key Points
- This bill would stop the federal government from providing loans or financial help for building projects near train or bus stations. These projects, often called transit-oriented developments, usually include apartments, offices, or stores built within walking distance of public transportation.
- The plan targets two major federal programs that currently help fund these developments. If passed, developers could no longer use these specific low-interest government loans to build housing or businesses near transit hubs.
- The bill also shuts down a pilot program that helps cities plan for these types of neighborhoods. This would force local governments and private builders to find other ways to pay for these projects without federal help.
- The goal of the bill is to ensure that federal transportation money is used strictly for infrastructure like roads and tracks rather than for private commercial or residential buildings.
Impact Analysis
Govbase has not yet run an impact analysis on this legislation.
Milestones
Referred to the House Committee on Transportation and Infrastructure.
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
News
No related news coverage found for this legislation yet.
Source Information
Document Type
Congressional Bill
Official Title
NO TOD Act
Data Sources
Sponsor
Analysis generated by AI. Always verify with official sources.