Housing BOOM Act increases funding for affordable housing and homelessness assistance, establishes new programs, and enhances tenant protections.
The Housing BOOM Act aims to boost the housing supply and combat homelessness by increasing funding for various housing programs and establishing new initiatives. It raises the State housing credit ceiling and creates a Middle-Income Housing Construction Loan Fund. The Act also establishes a Workforce Housing Block Grant Program and a Housing Accelerator Program to support affordable housing projects. Additionally, it increases funding for homelessness assistance and supportive services, including grants for behavioral health services for unhoused individuals.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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