,i  #aai? ,,congress  #b;d ,session  ,h4
 ,r4 #haga  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,april #b1 #bjbf,mr4  
,ciscomani 7= himself & ,mr4 ,quigley7  
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 work=ce h\s+ & af=dable h\s+ 9  
areas :]e ! work=ce is exp&+            
significantly1 & = o!r purposes4  #a4   
,%ort title ,?is ,act may be cit$ z !   
,facilitat+ ,accel]at$ ,supply ( ,t>get$
 ,h\s+ ,act or ! ,,fa/ ,h\s+ ,act4  #b4 
,demon/ration program = ! developm5t (  
work=ce & 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  
#ae grants on a competitive basis to    
eligible entities to develop work=ce    
h\s+ & af=dable h\s+ 9 areas )9 !       
jurisdiction ( su* entity :]e su* entity
 has det]m9$ t ! work=ce is exp&+       
significantly4  7b7 ,application  7#a7  
,9 g5]al ,to be eligible = a grant "u   
?is section1 an eligible entity %all    
submit an application to ! ,secret>y at 
su* "t & 9 su* mann] z ! ,secret>y may  
reasonably require4  7#b7 ,requir$      
inclusions  7,a7 ,9 g5]al ,9 an         
application = a grant "u ?is subsection1
 an eligible entity %all include--  7i7 
a li/ ( exi/+ laws1 regulations1 &      
policies effective 9 ! jurisdiction (   
su* entity t facilitate ! developm5t (  
work=ce h\s+2 &  7ii7 a li/ ( propos$   
laws1 regulations1 or policies t su*    
entity int5ds to adopt t w re=m zon+ &  
facilitate ! developm5t ( work=ce h\s+1 
& a timel9e = ! adoption & implem5tation
 ( su* law1 regulations1 or policies4   
7,b7 ,types ( re=ms ,types ( laws1      

regulations1 or policies t re=m zon+ &  
facilitate ! developm5t ( work=ce h\s+ &
 af=dable h\s+ include-- 7i7 upzon+1    
includ+ by-"r developm5t ( mix$ use1    
high] d5sity1 & accessory dwell+ units2 
7ii7 exp$it$ p]mitt+ ) set1 %ort5$      
review timel9es2  7iii7 by-"r zon+ =    
multifamily resid5tial developm5t ne>   
public transit2  7iv7 activities t r$uce
 b>ri]s to plac+ manufactur$ & modul>   
h\s+2  7v7 removal ( p>k+ m9imums2 &    
7vi7 r$uctions ( m9imum lot size        
requirem5ts4  7c7 ,priority ,:5 aw>d+   
grants "u ?is section1 ! ,secret>y %all 
give priority to eligible entities ^:   
removal or /reaml9+ ( regulatory b>ri]s 
has1 z det]m9$ by ! ,secret>y1 mo/      
increas$ ! am\nt ( work=ce h\s+ &       
af=dable h\s+ 9 ! jurisdiction ( su*    
eligible entity4  7d7 ,v>iety (         
geographic areas ,:5 select+ eligible   
entities to receive am\nts "u ?is       
section1 ! ,secret>y ( ,h\s+ & ,urban   
,developm5t %all1 to ! ext5t practicable
 bas$ on ! eligible entities t apply1   

/rive to provide am\nts to eligible     
entities 9 a v>iety ( geographic areas1 
s t ! impact ( ! demon/ration program c 
be evaluat$ 9 urban1 suburban1 & rural  
areas4  7e7 ,use ( am\nts  7#a7 ,9 g5]al
 ,an eligible entity %all use any am\nts
 provid$ "u ?is section to f9ance--     
7,a7 co/s associat$ ) conv]t+ comm]cial 
space into work=ce h\s+ & af=dable h\s+ 
?\gh private-public p>tn]%ips1 includ+  
physical improvem5ts1 rehabilitation &  
developm5t ( su* space2  7,b7 co/s      
associat$ ) develop+1 rehabilitat+1 &   
physically improv+ work=ce h\s+ &       
af=dable h\s+ ?\gh private-public       
p>tn]%ips2  7,c7 te*nical assi/ance =   
h\s+ develop]s2 &  7,d7 ! id5tification 
& acquisition ( prop]ties t c be us$ to 
develop new & rehabilitat$ work=ce h\s+ 
& af=dable h\s+ 9 high-opportunity1     
mix$-income neighborhoods4  7#b7 #cj    
p]c5t us$ = af=dable h\s+ ,ea* eligible 
entity %all ensure t n less ?an #cj     
p]c5t ( ! work=ce h\s+ units creat$1    
rehabilitat$ or improv$ by su* eligible 

entity us+ am\nts provid$ "u ?is section
 are af=dable h\s+ units4  7f7 ,t]m ,ea*
 eligible entity %all ensure t ea*      
work=ce h\s+ unit or af=dable h\s+ unit 
creat$1 rehabilitat$ or improv$ by su*  
eligible entity us+ am\nts provid$ "u   
?is section rema9s a work=ce h\s+ unit  
or af=dable h\s+ unit = n a p]iod ( n   
less ?an #e ye>s & aft] ! conclusion (  
su* p]iod rema9s 9 compliance ) any     
requirem5ts e/abli%$ by ! ,secret>y =   
work=ce h\s+ assi/$ "u ?is section4  7g7
 ,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  7h7     
,/udy ,! ,secret>y %all1 n lat] ?an #ah 
mon?s aft] ! ,secret>y provides a grant 
"u ?is section1 & ea* ye> !reaft] t !   
demon/ration program is active1 conduct 
a /udy to exam9e ! effectiv5ess ( !     
demon/ration program t includes--  7#a7 
an evaluation ( ! impact ( !            

demon/ration program on ! timel9e (     
approval1 con/ruction1 & numb] ( new    
work=ce h\s+ units2 &  7#b7 a comp>ison 
( su* timel9es 9 communities t          
p>ticipat$ 9 ! demon/ration program &   
communities t did n p>ticipate 9 !      
demon/ration program4  7i7 ,use (       
unobligat$ ,,covid funds  7#a7 ,9 g5]al 
,n lat] ?an #cj days aft] ! date ( !    
enactm5t ( ?is section1 ! ,secret>y ( ! 
,treasury %all id5tify all ,covid funds 
& transf] #aj p]c5t ( su* am\nts to !   
,secret>y to c>ry out ?is section4  7#b7
 ,availability & use ,am\nts transf]r$  
"u ?is section %all rema9 available     
until exp5d$4  7j7 ,def9itions ,9 ?is   
section3 7#a7 ,af=dable h\s+ ,! t]m     
af=dable h\s+ means h\s+ = :i* ! total  
mon?ly h\s+ co/ paym5t is n m ?an #cj   
p]c5t ( ! mon?ly h\sehold income = a    
h\sehold e>n+ n m ?an #hj p]c5t ( ! area
 m$ian income4  7#b7 ,covid funds ,! t]m
 ,covid 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      
,eligible entity ,! t]m eligible entity 
means a unit ( local gov]nm5t or a      
public h\s+ ag5cy t has c demon/rate t--
  7,a7 ! work=ce 9 its area (           
jurisdiction has exp&$ z a result (     
,f$]al inve/m5ts made ?r\gh !           
,infra/ructure ,inve/m5t & ,jobs ,act or
 ! ,,*ips & ,sci5ce ,act2 &  7,b7 c     
demon/rate t !re is a h\s+ supply       
%ortage 9 its area ( jurisdiction1      
includ+ by %[+ l[ vacancy rates1 rapid  
price increases1 or high h\s+ co/       
burd5s4  7#d7 ,public h\s+ ag5cy ,! t]m 
public h\s+ ag5cy has ! mean+ giv5 ! t]m
 9 section #c ( ! ,unit$ ,/ates ,h\s+   
,act ( #aicg 7#db ,u4,s4,c4 #adcg;a74   
7#e7 ,secret>y ,! t]m ,secret>y means ! 
,secret>y ( ,h\s+ & ,urban ,developm5t4 

7#f7 ,work=ce h\s+  7,a7 ,9 g5]al ,! t]m
 work=ce h\s+ means-- 7i7 h\s+ = :i* !  
total mon?ly h\s+ co/ paym5t does n     
exce$ #cj p]c5t ( ! am\nt equal to #abj 
p]c5t ( ! m$ian income 9 ! area1 z      
det]m9$ by ! ,secret>y1 ) appropriate   
adju/m5ts = ! size ( ! h\sehold2 &  7ii7
 h\s+ made available = pur*ase at a rate
 t does n exce$ #aaj p]c5t ( ! m$ian    
price 9 ! area = a comp>able h\s+ unit1 
z det]m9$ by ! ,secret>y4  7,b7         
,adju/m5ts ,! ,secret>y may adju/ !     
am\nts describ$ 9 subp>agraph 7,a7 if ! 
,secret>y det]m9es t su* adju/m5ts are  
appropriate because ( unusually high or 
l[ incomes 9 ! area4