[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 3464 Introduced in Senate (IS)]
<DOC>
119th CONGRESS
1st Session
S. 3464
To increase the housing supply in the United States, and for other
purposes.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
December 11, 2025
Mr. Schiff introduced the following bill; which was read twice and
referred to the Committee on Finance
_______________________________________________________________________
A BILL
To increase the housing supply in the United States, and for other
purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE; TABLE OF CONTENTS.
(a) Short Title.--This Act may be cited as the ``Housing Building
Occupancy Opportunities for Millions Act'' or the ``Housing BOOM Act''.
(b) Table of Contents.--The table of contents for this Act is as
follows:
Sec. 1. Short title; table of contents.
Sec. 2. Definitions.
TITLE I--BOOSTING THE HOUSING SUPPLY
Sec. 101. Increase in State housing credit ceiling.
Sec. 102. Middle-income housing construction loan fund.
Sec. 103. Workforce housing block grant program.
Sec. 104. Housing accelerator program.
Sec. 105. Increased funding for the community development block grant
program.
Sec. 106. Increased funding for the HOME Investments Partnership
program.
Sec. 107. Disaster recovery assistance and climate resiliency grants.
Sec. 108. Increased funding for USDA rural development housing
programs.
Sec. 109. Increased funding for Indian housing block grants.
Sec. 110. Increased funding for supportive housing for the elderly.
Sec. 111. Increased funding for supportive housing for persons with
disabilities.
Sec. 112. Increased funding for housing opportunities for persons with
AIDS program.
Sec. 113. Grants for converting structures for use as emergency
shelters and housing for homeless persons
and families.
Sec. 114. Grants for converting State and local government buildings
into affordable housing.
TITLE II--COMBATING HOMELESSNESS
Sec. 201. Increased funding for homelessness assistance and supportive
services.
Sec. 202. SAMHSA Center for Unhoused Individuals and dedicated grant
funding for behavioral health services.
TITLE III--PROVIDING TENANT SUPPORT
Sec. 301. Increased funding for tenant-based rental assistance.
Sec. 302. Grants for housing assistance and navigation services.
Sec. 303. Office of Eviction Prevention and providing grant funding to
support at-risk tenants.
TITLE IV--ENSURING FAIR HOUSING
Sec. 401. Interagency Council on Housing Affordability and
Preservation.
Sec. 402. HUD Language Access Plan.
SEC. 2. DEFINITIONS.
In this Act:
(1) Department.--The term ``Department'' means the
Department of Housing and Urban Development.
(2) Public housing agency.--The term ``public housing
agency'' has the meaning given the term in section 3(b) of the
United States Housing Act of 1937 (42 U.S.C. 1437a(b)).
(3) Secretary.--The term ``Secretary'', unless otherwise
provided, means the Secretary of Housing and Urban Development.
(4) State.--The term ``State'' means each State of the
United States, the District of Columbia, the Commonwealth of
Puerto Rico, and any territory or possession of the United
States.
TITLE I--BOOSTING THE HOUSING SUPPLY
SEC. 101. INCREASE IN STATE HOUSING CREDIT CEILING.
(a) In General.--Subparagraph (I) of section 42(h)(3) of the
Internal Revenue Code of 1986 is amended by striking ``1.12'' and
inserting ``3.36''.
(b) Effective Date.--The amendments made by this section shall
apply to allocations of housing credit dollar amount made in calendar
years beginning after December 31, 2025.
SEC. 102. MIDDLE-INCOME HOUSING CONSTRUCTION LOAN FUND.
(a) Establishment.--There is established within the Treasury a fund
to be known as the ``Middle Income Housing Construction Loan Fund'' (in
this section referred to as the ``Fund'').
(b) Eligible Recipients.--Entitles eligible to receive amounts from
the Fund include nonprofit organizations, public housing agencies, and
qualified mission-driven housing developers.
(c) Use of Funds.--The Secretary shall use amounts in the Fund to
make low-interest loans to entities described in subsection (b) for
rental housing construction or adaptive reuse, targeting households
earning not less than 60 percent and not more than 120 percent of the
area median income.
(d) Application.--
(1) In general.--To be eligible for a loan fund the Fund,
an eligible recipient described in subsection (b) shall submit
to the Secretary an application in such form, at such time, and
containing such information as the Secretary determines
appropriate.
(2) Priority.--In awarding loans from the Fund, the
Secretary shall prioritize eligible recipients from high-cost,
high opportunity markets where moderate-income renters are
cost-burdened but do not qualify for deeply subsidized housing
or housing that receives tax credits under section 42 of the
Internal Revenue Code of 1986.
(e) Prevailing Wage and Apprenticeship Requirements.--
(1) Prevailing wage requirements.--
(A) In general.--All laborers and mechanics
employed by contractors or subcontractors in the
performance of construction, alteration, or repair work
on a project assisted in whole or in part by funding
made available under this section shall be paid wages
at rates not less than those prevailing on similar
projects in the locality, as determined by the
Secretary of Labor in accordance with subchapter IV of
chapter 31 of title 40, United States Code (commonly
referred to as the ``Davis-Bacon Act'').
(B) Authority of secretary of labor.--With respect
to the labor standards specified in this paragraph, the
Secretary of Labor shall have the authority and
functions set forth in Reorganization Plan Numbered 14
of 1950 (64 Stat. 1267; 5 U.S.C. App.) and section 3145
of title 40, United States Code.
(2) Apprenticeship requirements.--The following
requirements apply with respect to the construction of any
housing unit using amounts from the Fund:
(A) Labor hours.--Eligible recipients shall ensure
that, with respect to the construction of any housing
unit, not less than 15 percent of the total labor hours
of the construction, alteration, or rehabilitation work
(including such work performed by any contractor or
subcontractor) with respect to such unit shall, subject
to subparagraph (B), be performed by qualified
apprentices.
(B) Apprentice to journeyworker ratio.--The
requirement under subparagraph (A) shall be subject to
any applicable requirements for apprentice-to-
journeyworker ratios of the Secretary of Labor or the
applicable State apprenticeship agency.
(C) Participation.--Each eligible recipient,
contractor, or subcontractor who employs 4 or more
individuals to perform construction, alteration, or
repair work with respect to the construction of a
housing unit shall employ 1 or more qualified
apprentices to perform such work.
(D) Exception.--
(i) In general.--An eligible recipient
shall not be treated as failing to satisfy the
requirements of this paragraph if such eligible
recipient--
(I) satisfies the requirements
described in clause (ii); or
(II) with respect to an eligible
recipient who is not described in
subclause (I) and does not satisfy the
requirements of subparagraph (A) with
respect to such housing unit, such
eligible recipient pays a penalty to
the Secretary of Labor in an amount
equal to the product of--
(aa) $50; multiplied by
(bb) the total labor hours
for which the requirement
subparagraph (A) was not
satisfied with respect to the
construction, alteration, or
repair work on such housing
unit.
(ii) Good faith effort.--For purposes of
clause (i), an eligible recipient shall be
deemed to have satisfied the requirements under
this paragraph with respect to a housing unit
if such eligible recipient has requested
qualified apprentices from a registered
apprenticeship program, and--
(I) such request has been denied,
as long as such denial is not the
result of a refusal by the eligible
recipient or any contractors or
subcontractors engaged in the
performance of construction,
alteration, or repair work with respect
to such housing unit to comply with the
established standards and requirements
of the registered apprenticeship
program; or
(II) the registered apprenticeship
program fails to respond to such
request within 5 business days after
the date on which such registered
apprenticeship program received such
request.
(E) Definitions.--In this paragraph:
(i) Labor hours.--The term ``labor
hours''--
(I) means the total number of hours
devoted to the performance of
construction, alteration, or repair
work by any individual employed by the
eligible recipient or by any contractor
or subcontractor; and
(II) excludes any hours worked by--
(aa) foremen;
(bb) superintendents;
(cc) owners; or
(dd) persons employed in a
bona fide executive,
administrative, or professional
capacity (within the meaning of
those terms in part 541 of
title 29, Code of Federal
Regulations).
(ii) Qualified apprentice.--The term
``qualified apprentice'' means an individual
who--
(I) is employed by the eligible
recipient or by any contractor or
subcontractor; and
(II) is participating in a
registered apprenticeship program.
(iii) Registered apprenticeship program.--
The term ``registered apprenticeship program''
means an apprenticeship program registered
under the Act of August 16, 1937 (commonly
known as the ``National Apprenticeship Act'';
50 Stat. 664, chapter 663; 29 U.S.C. 50 et
seq.).
(f) Authorization of Appropriations.--There is authorized to be
appropriated to the Fund $10,000,000 for each of fiscal years 2026
through 2030.
SEC. 103. WORKFORCE HOUSING BLOCK GRANT PROGRAM.
(a) Establishment.--The Secretary shall establish a block grant
program under which the Secretary provides funds to States to support
the development of workforce rental housing for housholds earning not
more than 60 percent and not more than 120 percent of the area median
income.
(b) Requirement.--Each State shall submit to the Secretary equity-
based allocation plans for funding under this section that address
racial and income segregation, housing shortages, and economic
opportunity.
(c) Priority.--A State receiving funding under this section shall
prioritize the allocation of funding for--
(1) projects located in high-cost urban regions, rural
communities, and rapidly growing suburban areas; and
(2) projects located near employment centers, schools,
health care facilities, and transit.
(d) Grant Administration.--
(1) In general.--The Secretary shall administer the program
under this section, providing guidance and technical assistance
to States.
(2) Allocation.--The Secretary shall allocate grants under
this section through a competitive formula-based process, under
which--
(A) priority shall be given to States with a higher
population, higher number of cost-burned renters, and
greater housing supply deficits; and
(B) a State recipient may receive funds and
administer loans directly or delegate funds to State
housing finance agencies, public housing agencies, or
redevelopment authorities with demonstrated capacity to
manage housing development programs.
(e) Reporting.--Each State that receives a grant under this section
shall submit to the Secretary an annual report on the program under
this section, which shall include, for the year covered by the report--
(1) the number of projects and units financed;
(2) the income levels served by those projects, with a
breakdown by income as a percentage of the area median income;
(3) the average subsidy amount per unit;
(4) the geographic distribution of projects, including
whether a project was carried out in an urban, rural, or high
opportunity area;
(5) the demographics of individuals served by those
projects, including race, ethnicity, and household size; and
(6) data relating to loans made by the State using grant
funds, including loan performance, repayment status, and the
number of defaults.
(f) Prevailing Wage and Apprenticeship Requirements.--
(1) Prevailing wage requirements.--
(A) In general.--All laborers and mechanics
employed by contractors or subcontractors in the
performance of construction, alteration, or repair work
on a project assisted in whole or in part by funding
made available under this section shall be paid wages
at rates not less than those prevailing on similar
projects in the locality, as determined by the
Secretary of Labor in accordance with subchapter IV of
chapter 31 of title 40, United States Code (commonly
referred to as the ``Davis-Bacon Act'').
(B) Authority of secretary of labor.--With respect
to the labor standards specified in this paragraph, the
Secretary of Labor shall have the authority and
functions set forth in Reorganization Plan Numbered 14
of 1950 (64 Stat. 1267; 5 U.S.C. App.) and section 3145
of title 40, United States Code.
(2) Apprenticeship requirements.--The following
requirements apply with respect to the construction of any
housing unit using amounts provided under this section:
(A) Labor hours.--Each State shall ensure that,
with respect to the construction of any housing unit,
not less than 15 percent of the total labor hours of
the construction, alteration, or rehabilitation work
(including such work performed by any contractor or
subcontractor) with respect to such unit shall, subject
to subparagraph (B), be performed by qualified
apprentices.
(B) Apprentice to journeyworker ratio.--The
requirement under subparagraph (A) shall be subject to
any applicable requirements for apprentice-to-
journeyworker ratios of the Secretary of Labor or the
applicable State apprenticeship agency.
(C) Participation.--Each State, contractor, or
subcontractor who employs 4 or more individuals to
perform construction, alteration, or repair work with
respect to the construction of a housing unit shall
employ 1 or more qualified apprentices to perform such
work.
(D) Exception.--
(i) In general.--A State shall not be
treated as failing to satisfy the requirements
of this paragraph if the State--
(I) satisfies the requirements
described in clause (ii); or
(II) with respect to an eligible
recipient who is not described in
subclause (I) and does not satisfy the
requirements of subpara