Build HUBS Act modifies TIFIA and RRIF programs to facilitate transit-oriented development projects.
The Build Housing, Unlock Benefits and Services Act (Build HUBS Act) amends the TIFIA and RRIF programs to support transit-oriented development projects. It establishes a delegated origination and underwriting program for these projects, modeled after HUD's Multifamily Accelerated Processing system. Projects must coordinate with metropolitan planning organizations and demonstrate fiscal soundness. The Act excludes certain land acquisition activities from NEPA requirements and extends program authorizations through fiscal year 2031.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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