Representative Val Hoyle Introduces Housing Bill to Expand Affordable Housing and Rental Assistance
Representative Val Hoyle has introduced H.R. 9281, the Decent, Affordable, Safe Housing for All Act, aimed at addressing housing affordability in the United States. The bill, which currently has six cosponsors, proposes a comprehensive approach to increase housing supply, expand rental assistance, and provide tax relief to renters and homebuyers. It includes federal grants, tax credits, and rule changes to support affordable housing construction and encourage long-term affordability. Key components of the bill include the creation of homeless rental vouchers, permanent homelessness grants, and capacity-building grants for states and housing agencies. Additionally, the bill proposes changes to the Low-Income Housing Tax Credit program and introduces a new renter tax credit framework. The bill also directs a study on converting vacant commercial properties into housing.