Senate Democrats Push Bill to Declare National Housing Emergency, Speed Up Homebuilding

From policy text

“the President should declare a national emergency with respect to housing under section 201 of the National Emergencies Act (50 U.S.C. 1621); and (2) to address that emergency, the President should use the authorities provided by the Defense Production Act of 1950 (50 U.S.C. 4531 et seq.) to increase the supply of materials produced in the United States that support the construction and rehabilitation of housing.”

From policy text

“The Defense Production Act of 1950 (50 U.S.C. 4501 et seq.) is amended-- (1) in section 2(a)(5) (50 U.S.C. 4502(a)(5)), by inserting ``and residential construction and rehabilitation'' after ``domestic energy''; and (2) in section 702(14) (50 U.S.C. 4552(14)), by inserting ``, housing,'' after ``programs for military''.”

From policy text

“no housing preservation or infill project funded by the Department of Housing and Urban Development shall be subject to any Federal environmental review requirements”

From policy text

“establish a funding condition to be known as the ``Pro-Growth Requirement'', which shall be applied as a required funding condition in order for a State or unit of general local government to receive Federal block grant funding, such as surface transportation block grant program funding under section 133 of title 23, United States Code”

From policy text

“A national emergency described in section 2 shall terminate on the earlier of-- (1) the date on which 4,000,000 additional residential housing units, as compared to the date of enactment of this Act, are constructed or rehabilitated in the United States; or (2) October 1, 2031.”