,,ii  #aaith ,,congress  #b;d ,session  
,s4 #cifb  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,march #b1     
#bjbf,ms4 ,hassan 7for herself and ,mr4 
,mc,cormick7 introduced the following   
bill2 which was read twice and referred 
to the ,committee on ,banking1 ,housing1
 and ,urban ,affairs  ,a ,,bill  ,to    
improve interagency coordination between
 the ,department of ,housing and ,urban 
,development and the ,economic          
,development ,administration1 and for   
other purposes4  #a4 ,short title ,this 
,act may be cited as the ,housing and   
,economic ,development ,act4  #b4       
,memorandum of understanding ,the       
,secretary of ,housing and ,urban       
,development and the ,assistant         
,secretary of ,commerce for ,economic   
,development shall establish a          
memorandum of understanding1 or other   
appropriate interagency agreement1 to-- 
7#a7 increase collaboration related to  
projects approved by and funded by      
amounts from both the ,department of    

,housing and ,urban ,development and the
 ,economic ,development ,administration 
to construct housing and implement      
economic development projects1 which1   
where practicable1 may include-- 7,a7   
coordinating timelines for application  
review and award decisions2  7,b7       
standardizing terminology and           
definitions used in notices of funding  
opportunities2  7,c7 issuing joint      
guidance to reduce any duplicative      
reporting and administrative burden for 
applicants and grantees2 and  7,d7      
establishing clear points of contact at 
each agency to resolve questions for    
applicants and grantees regarding       
jointly funded projects2  7#b7 identify 
barriers preventing the ,department of  
,housing and ,urban ,development and the
 ,economic ,development ,administration 
from further coordination and identify  
future opportunities to promote jointly 
funded projects that advance shared     
goals2 and  7#c7 share relevant         
housing-related research and market data

 that facilitate evidence-based         
policymaking4  #c4 ,interagency report  
,not later than #a year after the date  
of enactment of this ,act1 the          
,secretary of ,housing and ,urban       
,development and the ,assistant         
,secretary of ,commerce for ,economic   
,development shall jointly submit to the
 ,committee on ,banking1 ,housing1 and  
,urban ,affairs and the ,committee on   
,commerce1 ,science1 and ,transportation
 of the ,senate and the ,committee on   
,financial ,services and the ,committee 
on ,energy and ,commerce of the ,house  
of ,representatives a report that       
includes recommendations for            
legislative1 regulatory1 or             
administrative actions to improve the   
efficiency of1 and reduce barriers to   
future collaboration on1 construction   
projects jointly funded by amounts from 
the ,department of ,housing and ,urban  
,development and the ,economic          
,development ,administration4