The Permanent Housing Affordability Act aims to promote shared equity homeownership models through grants and research.
The Permanent Housing Affordability Act establishes a program to provide grants to eligible entities for low-interest construction loans to develop affordable housing. It also creates a research program to study best practices for community land trusts and shared equity homeownership models. The Act authorizes appropriations for these initiatives and requires the Secretary of Housing and Urban Development to report to Congress on the program's progress.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.