,i  #aaith ,,congress  #b;d ,session    
,h4 ,r4 #gbdc  ,,in ,,the ,,house ,,of  
,,representatives  ,january #bg1        
#bjbf,ms4 ,bynum 7for herself and ,mr4  
,pappas7 introduced the following bill2 
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 developments1 and for other 
purposes4  #a4 ,short title ,this ,act  
may be cited as the ,supporting         
,projects to ,unleash ,residential      
,housing ,act or the ,,spur ,housing    
,act4  #b4 ,grant program  7a7 ,in      
general ,the ,secretary of ,housing and 
,urban ,development shall1 not later    
than #ij 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-- 7#a7 ,state and local 
taxes associated with the building of   
housing developments2 and  7#b7 impact  
fees imposed by ,states and units of    
local government in association with the
 building of housing developments4  7b7 
,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 
require4  7c7 ,additional eligibility   
requirements ,to be eligible to receive 
amounts under this section1 an developer
 shall have-- 7#a7 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    
development2 and  7#b7 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 #ej percent4 
7d7 ,selection ,when selecting          
developers to receive amounts under this
 section the ,secretary shall prioritize
 giving grants to developers who are    
building housing developments that1 as  
determined by the ,secretary-- 7#a7 will
 increase the amount of affordable      
housing2  7#b7 are feasible2  7#c7 are  
able to begin building within #a year of
 the date on which the eligible         
developer submitted an application2     
7#d7 are to be located in a priority    
housing area1 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 ,census2  7#e7 that will 
offer affordable or mixed-income housing
 units2  7#f7 are transit-oriented      
developments or located near employment 

hubs2  7#g7 will utilize infill sites   
within urban growth boundaries2  7#h7   
will target workforce housing needs2    
7#i7 will include senior-friendly units 
and accessible units2  7#aj7 will employ
 adaptive reuse or rehabilitation of    
existing structures2 and  7#aa7 will    
include supportive housing elements for 
vulnerable populations4  7e7 ,amount of 
grant ,the ,secretary shall provide1    
each year1 to each developer to whom the
 ,secretary selects to receive a grant  
under this section1 a grant in an amount
 equal to the lesser of-- 7#a7 #ej      
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 development2 or   
7#b7 #aej1jjj4  7f7 ,term of grant ,the 
,secretary shall provide grants to each 
developer selected to receive a grant   

under this section for #e years1 unless 
such developer does not have the        
commitments from the ,state government  
and units of local government that are  
required under subsection 7c7 for each  
of those #e years4  7g7 ,authorization  
of appropriations ,there is authorized  
to be appropriated to the ,secretary    
#cjj1jjj1jjj in each of fiscal years    
#bjbg through fiscal #bjca to carry out 
this section4  7h7 ,definitions ,in this
 section3 7#a7 ,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 development4    
7#b7 ,developer ,the term developer     
means a person that plans1 finances1 and
 oversees the creation or redevelopment 
of real estate or infrastructure        
projects1 from initial concept through  
completion4  7#c7 ,housing development  
,the term housing development means a   
project involving the building or       

rehabilitation of #e or more or more    
residential housing units and includes  
mixed-use housing developments4  7#d7   
,secretary ,the term ,secretary means   
the ,secretary of ,housing and ,urban   
,development4