Expands eligibility for housing challenge program grants to include more schools.

The bill modifies the housing challenge program by expanding the types of schools eligible to receive grants. It allows school districts, cooperative units, charter schools, contract alternative schools, and Tribal contract schools to apply for grants. Recipients must require future occupants to participate in a homeownership education program. The bill also aims to balance the distribution of housing units between metropolitan and nonmetropolitan areas.

Expands eligibility for housing challenge program grants to include more schools.

The bill modifies the housing challenge program by expanding the types of schools eligible to receive grants. It allows school districts, cooperative units, charter schools, contract alternative schools, and Tribal contract schools to apply for grants. Recipients must require future occupants to participate in a homeownership education program. The bill also aims to balance the distribution of housing units between metropolitan and nonmetropolitan areas.