H.R. 4660 aims to speed up housing development by reducing environmental review requirements for certain housing projects. The bill directs the Secretary of Housing and Urban Development to streamline the National Environmental Policy Act (NEPA) review process for various housing-related activities, including rental assistance, home repairs, homebuyer assistance programs, and new residential construction projects like infill developments (building on previously developed land). The legislation creates three tiers of streamlined reviews: some activities would be completely exempt from detailed environmental analysis, while others would face simplified categorical exclusion reviews if they don't significantly alter environmental conditions or exceed their original project scope. The bill requires the HUD Secretary to report annually to Congress for five years on whether these changes reduce review times and administrative costs, particularly for affordable housing projects, and to recommend any further regulatory changes. No specific funding is allocated in the bill; it primarily reorganizes existing regulatory requirements under HUD's authority.
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