Permanent Housing Affordability Act
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
The bill expands a grant, definition change, preemption provision: 2. Definitions In this Act: The term community development financial institution has the meaning given the term in section 103 of the Community Development, expands a appropriation, grant, loan guarantee provision: 3. Lasting Home Affordability Fund, and expands a appropriation, grant, reporting req provision: 4. Lasting affordability homeownership grant pilot program. It relies on grants, appropriations, reporting requirements, and definition changes. The main policy areas are Finance, Energy, and Education.
Who Benefits and How
The available clause analysis does not identify a specific beneficiary group.
Who Bears the Burden and How
No clear private burden is identified from the available clause analysis; implementing agencies may still take on administrative work.
Key Provisions
- Expands a grant, definition change, preemption provision: 2. Definitions In this Act: The term community development financial institution has the meaning given the term in section 103 of the Community Development...
- Expands a appropriation, grant, loan guarantee provision: 3. Lasting Home Affordability Fund.
- Expands a appropriation, grant, reporting req provision: 4. Lasting affordability homeownership grant pilot program.
- Expands a appropriation, loan guarantee, reporting req provision: 5.
- Adds or tightens a reporting req, compliance mandate, definition change provision: 6.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for primary purpose and policy domains.
At a Glance
What This Bill Does
The bill expands a grant, definition change, preemption provision: 2. Definitions In this Act: The term community development financial institution has the meaning given the term in section 103 of the Community Development, expands a appropriation, grant, loan guarantee provision: 3. Lasting Home Affordability Fund, and expands a appropriation, grant, reporting req provision: 4. Lasting affordability homeownership grant pilot program.
Key Policy Areas
Finance, Energy, Education
Primary Purpose
The bill expands a grant, definition change, preemption provision: 2. Definitions In this Act: The term community development financial institution has the meaning given the term in section 103 of the Community Development, expands a appropriation, grant, loan guarantee provision: 3. Lasting Home Affordability Fund, and expands a appropriation, grant, reporting req provision: 4. Lasting affordability homeownership grant pilot program.
Policy Domains
Sponsors
Legislative Progress
In CommitteeReferred to the Committee on Financial Services, and in addition …
Introduced in House
Ms. Schrier introduced the following bill; which was referred to …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_administrator"
- → The Administrator identified in the operative section
- "secretary_of_treasury"
- → Secretary of the Treasury
- "secretary_of_housing_and_urban_development"
- → Secretary of Housing and Urban Development
Key Definitions
Terms defined in this bill
a model of resale-restricted, owner-occupied housing the primary purpose of which is to create and preserve a supply of owner-occupied units affordable to low- and moderate-income households that— carry terms of affordability that are not less than— 99 years
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology