To condition the receipt of Federal housing funds by a State or political subdivision of a State, or any agency or office thereof, on the preparation of an economic housing impact analysis regarding any new rule proposed by the State, political subdivision, agency, or office that has a significant adverse economic impact on housing construction costs or housing affordability of $50,000,000 or more, and for other other purposes.
About This Bill
Committee
Latest Action · July 29, 2005
Referred to the Subcommittee on Housing and Community Opportunity.
Conditions the receipt of federal housing funds by a state, political subdivision, or any agency or office thereof on the preparation of a state economic housing impact analysis regarding any new rule proposed by the state, political subdivision, agency or office that has a significant adverse economic impact on housing construction costs or housing affordability in excess of $50 million annually.
Sets forth analysis requirements.
Requires the Secretary of Housing and Urban Development to develop a model analysis.
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