This bill amends federal transit funding rules to encourage states and local governments to remove barriers to housing construction near public transportation. Specifically, it allows transit projects to receive bonus points in federal grant competitions if the surrounding areas adopt "pro-housing policies"—such as eliminating parking requirements, reducing lot size restrictions, streamlining approval processes for apartment buildings, or committing public land to affordable housing development. The bill affects state and local transportation agencies seeking federal capital grants for transit projects, as well as housing developers and residents in transit-accessible areas. The Department of Transportation and Housing and Urban Development will work together to evaluate how effectively these housing policies translate into actual affordable housing units near transit lines. The legislation creates an incentive structure designed to increase housing supply, particularly affordable housing, in areas with good public transportation access.
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