Equitable Transit Oriented Development Support Act
Rep. DeSaulnier Introduces Bill to Fund Affordable Housing and Businesses Near Public Transit
This bill was recently introduced and is currently being reviewed by the House Committee on Transportation and Infrastructure. It is in the early stages of the legislative process and is considered active. There are no upcoming votes scheduled at this time.
Legislative Progress
Most bills introduced in the House do not make it past the committee stage, especially those that create new spending set-asides without broad bipartisan support.
Key Points
Impact Analysis
Personal Impact
Life & Work
Small businesses in low-income communities near transit could benefit from new financing for commercial development. The bill specifically targets commercial facilities owned by low-income persons, those that primarily serve low-income residents, or those that primarily employ low-income people, opening up capital that is otherwise hard to access in underserved neighborhoods.
Programs
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.
Source Information
Document Type
Congressional Bill
Official Title
Equitable Transit Oriented Development Support Act
Data Sources
Sponsor
Analysis generated by AI. Always verify with official sources.