,i #aah? ,,congress #b;d ,session ,h4 ,r4 #iaie ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,july #cj1 #bjbd,mr4 ,ciscomani 7= himself & ,mr4 ,nickel7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,f9ancial ,s]vices1 & 9 addition to ! ,committee on ,appropriations1 = a p]iod to be subsequ5tly det]m9$ by ! ,speak]1 9 ea* case = consid]ation ( su* provisions z fall )9 ! jurisdiction ( ! committee conc]n$ ,a ,,bill ,to direct ! ,secret>y ( ,h\s+ & ,urban ,developm5t to e/abli% a demon/ration program to develop af=dable h\s+ 9 areas ) a significant expansion ( ! work=ce1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,,sup] ,demon/ration ,act4 #b4 ,demon/ration program = ! developm5t ( af=dable h\s+ 7a7 ,e/abli%m5t ,n lat] ?an #a ye> aft] ! date ( ! enactm5t ( ?is section1 ! ,secret>y ( ,h\s+ & ,urban ,developm5t %all e/abli% a demon/ration program to aw>d n m ?an #aj grants on a competitive basis to eligible entities to develop af=dable h\s+ 9 areas ) a significant expansion ( ! work=ce4 7b7 ,eligible entity ,to be eligible = a grant "u ?is section1 an entity %all-- 7#a7 be-- 7,a7 a unit ( local gov]nm5t2 or 7,b7 a public h\s+ ag5cy2 & 7#b7 demon/rate a significant ne$ = m af=dable h\s+ due to an expansion ( ! work=ce f ,f$]al inve/m5ts ?r\gh !-- 7,a7 ,am]ican ,rescue ,plan ,act ( #bjba2 7,b7 ,infra/ructure ,inve/m5t & ,jobs ,act2 & 7,c7 ,*ips & ,sci5ce ,act4 7c7 ,application 7#a7 ,9 g5]al ,to apply = a grant "u ?is subsection1 an eligible entity %all submit an application to ! ,secret>y at su* "t & 9 su* mann] z ! ,secret>y may reasonably require4 7#b7 ,zon+ & regulatory re=m 7,a7 ,units ( local gov]nm5t ,9 an application = a grant "u ?is subsection1 an eligible entity t is a unit ( local gov]nm5t %all include a plan = ! implem5tation ( zon+ & regulatory re=m to facilitate ! developm5t ( af=dable h\s+4 7,b7 ,public h\s+ ag5cies ,9 an application = a grant "u ?is subsection1 an eligible entity t is a public h\s+ ag5cy %all include a plan = ! provision ( additional flexibilities = af=dable h\s+ con/ruction & repair4 7d7 ,selection crit]ia 7#a7 ,units ( local gov]nm5t ,= eligible entities t are units ( local gov]nm5t1 ! ,secret>y may only aw>d grants "u ?is subsection to su* entities t remove or /reaml9e local regulatory b>ri]s to af=dable h\s+ con/ruction1 includ+ ?r\gh ! modification ( local-- 7,a7 zon+ laws2 7,b7 environm5tal impact reviews2 & 7,c7 p>k+ m9imums4 7#b7 ,public h\s+ ag5cies ,= eligible entities t are public h\s+ ag5cies1 ! ,secret>y may only aw>d grants "u ?is subsection to su* entities t provide additional flexibilities = af=dable h\s+ con/ruction1 includ+ ?r\gh ! repair & con/ruction ( af=dable h\s+4 7e7 ,eligible uses ,an eligible entity may use grant am\nts aw>d$ "u ?is section to-- 7#a7 conv]t vacant (fice space to resid5tial h\s+2 7#b7 fund capital co/s ( ! developm5t1 rehabilitation1 & physical improvem5ts ( af=dable h\s+ ?r\gh public-private p>tn]%ips2 7#c7 provide te*nical assi/ance to h\s+ develop]s2 & 7#d7 id5tify sites = rehabilitation or new con/ruction 9 high-opportunity1 mix$-income neighborhoods4 7f7 ,te*nical assi/ance ,! ,secret>y %all provide te*nical assi/ance to eligible entities t are aw>d$ a grant "u ?is subsection ) respect to us+ su* grant am\nts 9 conjunction ) o!r ,f$]ally fund$ h\s+ assi/ance programs4 7g7 ,/udy 7#a7 ,9 g5]al ,! ,secret>y %all1 n lat] ?an #a ye> aft] ! date ( ! enactm5t ( ?is section & ea* ye> !reaft] t ! demon/ration program is active1 conduct a /udy to te/ ! effectiv5ess ( ! demon/ration program4 7#b7 ,elem5ts ,! /udy conduct$ pursuant to p>agraph 7#a7 %all include-- 7,a7 an evaluation ( ! impact ( ! demon/ration program on ! timel9e ( approval1 con/ruction1 & numb] ( new af=dable h\s+ developm5ts2 & 7,b7 a comp>ison ( communities t p>ticipat$ 9 ! demon/ration & communities t did n p>ticipate 9 ! demon/ration program bas$ on su* evaluation4 7h7 ,transf] ( unobligat$ ,,covid funds 7#a7 ,id5tification ( funds to transf] ,n lat] ?an #cj days aft] ! date ( ! enactm5t ( ?is section1 ! ,secret>y ( ! ,treasury %all id5tify #c1jjj1jjj1jjj ( unobligat$ cov]$ funds :i* %all be transf]r$ to ! ,secret>y "u p>agraph 7#b74 7#b7 ,transf] ,effective on ! date t is #fj days aft] ! date ( ! enactm5t ( ?is section1 #c1jjj1jjj1jjj ( ! unobligat$ cov]$ funds id5tifi$ by ! ,secret>y ( ! ,treasury "u p>agraph 7#a7 %all be transf]r$ to & m]g$ ) o!r am\nts made available to ! ,secret>y to c>ry out ?is section4 7#c7 ,availability & use ,am\nts transf]r$ "u p>agraph 7#b7 %all rema9 available until exp5d$4 7i7 ,def9itions ,9 ?is section3 7#a7 ,af=dable h\s+ ,! t]m af=dable h\s+ means h\s+ t qualifies z af=dable "u section #bae ( ! ,cran/on-,gonzalez ,national ,af=dable ,h\s+ ,act 7#db ,u4,s4,c4 #abgde74 7#b7 ,cov]$ funds ,! t]m cov]$ funds means am\nts made available "u-- 7,a7 ! ,coronavirus ,prep>$ness & ,response ,supplem5tal ,appropriations ,act2 7,b7 ! ,families ,fir/ ,coronavirus ,response ,act2 7,c7 ! ,,c>es ,act2 7,d7 ! ,pay*eck ,protection ,program & ,heal? ,c>e ,enhancem5t ,act2 7,e7 ! ,consolidat$ ,appropriations ,act ( #bjba2 & 7,f7 ! ,am]ican ,rescue ,plan ,act4 7#c7 ,public h\s+ ag5cy ,! t]m public h\s+ ag5cy has ! mean+ giv5 ! t]m 9 section #c ( ! ,unit$ ,/ates ,h\s+ ,act ( #aicg 7#db ,u4,s4,c4 #adcg;a74 7#d7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ,h\s+ & ,urban ,developm5t4