,,ii #aagth ,,congress #ast ,session ,s4 #cbcg ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,november #ah1 #bjba,mr4 ,schatz 7for himself and ,mr4 ,braun7 introduced the following bill2 which was read twice and referred to the ,committee on ,banking1 ,housing1 and ,urban ,affairs ,a ,,bill ,to amend title #di1 ,united ,states ,code1 to include affordable housing incentives in certain capital investment grants1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,build ,more ,housing ,near ,transit ,act of #bjba4 #b4 ,affordable housing incentives in capital investment grants ,section #ecji of title #di1 ,united ,states ,code1 is amended-- 7#a7 in subsection 7g7-- 7,a7 in paragraph 7#b77;,b7-- 7i7 in clause 7i7 by striking 2 and and inserting a semicolon2 7ii7 in clause 7ii7 by striking the period and inserting 2 and2 and 7iii7 by adding at the end the following3 7iii7 allow a weighting of up to five percentage points greater to the criteria relating to economic development under subsection 7d77#b77;,a77iii7 or 7e77#b77;,a77iv71 as applicable1 and up to five percentage points lesser to the lowest scoring criteria under either such subsection1 if the applicant demonstrates substantial effort to preserve or encourage affordable housing near the project by-- 7,i7 conducting a housing feasibility assessment2 7,,ii7 providing documentation of policies that allow for the approval of multi-family housing1 single room occupancy units1 and accessory dwelling units without a discretionary review process2 7,,iii7 providing local capital sources for transit-oriented development2 or 7,,iv7 other methods to preserve or encourage affordable housing near the project1 as determined appropriate by the ,secretary4 2 and 7,b7 by adding at the end the following3 7#i7 ,definition ,in this subsection1 the term housing feasibility assessment means an analysis of the physical1 legal1 and financial viability of developing additional housing along a project corridor1 including affordable housing4 2 and 7#b7 in subsection 7l71 by adding at the end the following3 7#i7 ,inclusion of certain costs ,in determining net project costs for purposes of determining the ,government share of the cost of a project under this section1 a project sponsor may-- 7,a7 include costs related to the planning or development of affordable housing located within one-half of a mile of a new defined station funded by amounts made available under section #ajc of the ,housing and ,community ,development ,act of #aigd 7#db ,u4,s4,c4 #ecjc7 or section #bja of the ,public ,works and ,economic ,development ,act of #aife 7#db ,u4,s4,c4 #cada72 and 7,b7 count the costs described in subparagraph 7,a7 toward the remainder of the net capital project costs under paragraph 7#d74 4