[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 7243 Introduced in House (IH)]

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119th CONGRESS
  2d Session
                                H. R. 7243

To require the Secretary of Housing and Urban Development to establish 
 a grant program to provide amounts to developers to offset the State 
 and local taxes associated with the building of housing developments, 
                        and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            January 27, 2026

 Ms. Bynum (for herself and Mr. Pappas) introduced the following bill; 
       which was referred to the Committee on Financial Services

_______________________________________________________________________

                                 A BILL


 
To require the Secretary of Housing and Urban Development to establish 
 a grant program to provide amounts to developers to offset the State 
 and local taxes associated with the building of housing developments, 
                        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.

    This Act may be cited as the ``Supporting Projects to Unleash 
Residential Housing Act'' or the ``SPUR Housing Act''.

SEC. 2. GRANT PROGRAM.

    (a) In General.--The Secretary of Housing and Urban Development 
shall, not later than 90 days after the date of the enactment of this 
Act establish a grant program to provide amounts to developers that 
such developers may use to offset costs such developer accrues 
associated with--
            (1) State and local taxes associated with the building of 
        housing developments; and
            (2) impact fees imposed by States and units of local 
        government in association with the building of housing 
        developments.
    (b) Application.--To be eligible to receive amounts under this 
section an developer shall submit an application to the Secretary at 
such time and in such manner as the Secretary may reasonably require.
    (c) Additional Eligibility Requirements.--To be eligible to receive 
amounts under this section, an developer shall have--
            (1) all approvals required from the State government and 
        each unit of local government with jurisdiction over the area 
        in which developer intends to build a housing development; and
            (2) commitments from the State government and each unit of 
        local government with jurisdiction over the area in which 
        developer intends to build a housing development that the State 
        government and each unit of local government shall reduce the 
        property taxes associated with the housing developments to be 
        built by the developer by not less than 50 percent.
    (d) Selection.--When selecting developers to receive amounts under 
this section the Secretary shall prioritize giving grants to developers 
who are building housing developments that, as determined by the 
Secretary--
            (1) will increase the amount of affordable housing;
            (2) are feasible;
            (3) are able to begin building within 1 year of the date on 
        which the eligible developer submitted an application;
            (4) are to be located in a priority housing area, as 
        identified by the Secretary using housing market indicators and 
        the severe housing cost burden data from the American Community 
        Survey conducted by the Bureau of the Census;
            (5) that will offer affordable or mixed-income housing 
        units;
            (6) are transit-oriented developments or located near 
        employment hubs;
            (7) will utilize infill sites within urban growth 
        boundaries;
            (8) will target workforce housing needs;
            (9) will include senior-friendly units and accessible 
        units;
            (10) will employ adaptive reuse or rehabilitation of 
        existing structures; and
            (11) will include supportive housing elements for 
        vulnerable populations.
    (e) Amount of Grant.--The Secretary shall provide, each year, to 
each developer to whom the Secretary selects to receive a grant under 
this section, a grant in an amount equal to the lesser of--
            (1) 50 percent of the total amount of the taxes and impact 
        fees to be imposed on the developer by the State government and 
        each unit of local government with jurisdiction over the area 
        in which developer intends to build a housing development in 
        association with the building such housing development; or
            (2) $150,000.
    (f) Term of Grant.--The Secretary shall provide grants to each 
developer selected to receive a grant under this section for 5 years, 
unless such developer does not have the commitments from the State 
government and units of local government that are required under 
subsection (c) for each of those 5 years.
    (g) Authorization of Appropriations.--There is authorized to be 
appropriated to the Secretary $300,000,000 in each of fiscal years 2027 
through fiscal 2031 to carry out this section.
    (h) Definitions.--In this section:
            (1) Impact fee.--The term ``impact fee'' means a charge 
        imposed by a local government on a new housing development to 
        help pay for public infrastructure and services needed because 
        of such housing development.
            (2) Developer.--The term ``developer'' means a person that 
        plans, finances, and oversees the creation or redevelopment of 
        real estate or infrastructure projects, from initial concept 
        through completion.
            (3) Housing development.--The term ``housing development'' 
        means a project involving the building or rehabilitation of 5 
        or more or more residential housing units and includes mixed-
        use housing developments.
            (4) Secretary.--The term ``Secretary'' means the Secretary 
        of Housing and Urban Development.
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