ABODE Act

Key Points

• Senator Durbin introduced a bill that would create a new competition for grants to build or fix up homes for low-income families. To qualify, the homes must be reserved for households making 50% or less of the average income in their local area.
• The program focuses on making housing more affordable to build while also requiring modern features like energy efficiency and better access for people with disabilities. Developers would only receive the grant money after they finish building a set number of homes that meet these specific standards.
• The Department of Housing and Urban Development (HUD) would give priority to projects in areas facing the worst housing shortages. They will also favor designs that are durable, easy to maintain, and fit in well with the look of the existing neighborhood.
• The government will study how much money residents save on utility bills and maintenance because of the new energy-efficient designs. A report must be sent to Congress within two years showing how many homes were built and what they cost to rent or buy.

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