S.3962

Housing and Economic Development Act

Introduced·3/2/26

Housing and Economic Development Act aims to enhance collaboration between HUD and EDA.

The Housing and Economic Development Act seeks to improve coordination between the Department of Housing and Urban Development (HUD) and the Economic Development Administration (EDA). It mandates the creation of a memorandum of understanding to increase collaboration on jointly funded housing and economic development projects. The act also requires a report to Congress with recommendations for legislative, regulatory, or administrative actions to improve efficiency and reduce barriers in future collaborations.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Banking, Housing, And Urban Affairs Committee
Next
Committee decision

Sponsors

1
1
R
Democratic CaucusRepublican Caucus

History

Mar 2

Senate

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.