The SPUR Housing Act establishes a grant program to offset state and local taxes for housing developers.
The Supporting Projects to Unleash Residential Housing Act, or SPUR Housing Act, requires the Secretary of Housing and Urban Development to establish a grant program. This program provides grants to developers to offset costs associated with state and local taxes and impact fees for building housing developments. The Secretary prioritizes grants for developers building housing that increases affordable housing, is feasible, and begins construction within a year. The grants are authorized for $300 million annually from fiscal years 2027 through 2031.
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