I 

117TH CONGRESS 

1ST SESSION H. R. 2483 

To amend title 49, United States Code, to include affordable housing 

incentives in certain capital investment grants, and for other purposes. 

IN THE HOUSE OF REPRESENTATIVES 

APRIL 13, 2021 

Mr. PETERS (for himself, Mrs. RODGERS of Washington, Ms. STRICKLAND, 

Mr. KILMER, Mr. DAVID SCOTT of Georgia, Mr. LOWENTHAL, Mr. BERA, 

Mr. SUOZZI, and Ms. BLUNT ROCHESTER) introduced the following bill; 

which was referred to the Committee on Transportation and Infrastructure, and in addition to the Committee on Financial Services, for a period 

to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee 

concerned 

A BILL 

To amend title 49, United States Code, to include affordable 

housing incentives in certain capital investment grants, 

and for other purposes. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Build More Housing 

5 Near Transit Act of 2021’’. 


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1 SEC. 2. AFFORDABLE HOUSING INCENTIVES IN CAPITAL IN2 VESTMENT GRANTS. 

3 Section 5309 of title 49, United States Code, is 

4 amended— 

5 (1) in subsection (g)— 

6 (A) in paragraph (2)(B)— 

7 (i) in clause (i) by striking ‘‘; and’’ 

8 and inserting a semicolon; 

9 (ii) in clause (ii) by striking the pe10 riod and inserting ‘‘; and’’; and 

11 (iii) by adding at the end the fol12 lowing: 

13 ‘‘(iii) allow a weighting of up to five 

14 percentage points greater to the criteria re15 lating to economic development under sub16 section (d)(2)(A)(iii) or (e)(2)(A)(iv), as 

17 applicable, and up to five percentage points 

18 lesser to the lowest scoring criteria under 

19 either such subsection, if the applicant 

20 demonstrates substantial effort to preserve 

21 or encourage affordable housing near the 

22 project by— 

23 ‘‘(I) providing documentation of 

24 policies that allow for the approval of 

25 multi-family housing, single room oc26 cupancy units, and accessory dwelling 


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1 units without a discretionary review 

2 process; 

3 ‘‘(II) providing local capital 

4 sources for transit-oriented develop5 ment; or 

6 ‘‘(III) other methods, as deter7 mined appropriate by the Secretary.’’; 

8 (B) in paragraph (3)— 

9 (i) in subparagraph (C) by striking 

10 ‘‘and’’ at the end; 

11 (ii) by redesignating subparagraph 

12 (D) as subparagraph (E); and 

13 (iii) by inserting after subparagraph 

14 (C) the following: 

15 ‘‘(D) in the case of a warrant that applies 

16 to the criteria relating to economic development 

17 under subsection (d)(2)(A)(iii) or (e)(2)(A)(iv), 

18 the applicant that requests the use of such war19 rant has completed and submitted a housing 

20 feasibility assessment; and’’; and 

21 (C) by adding at the end the following: 

22 ‘‘(8) DEFINITION.—In this subsection, the term 

23 ‘housing feasibility assessment’ means an analysis of 

24 the physical, legal, and financial viability of develVerDate Sep 11 2014 23:09 May 27, 2021 Jkt 019200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6201 E:\BILLS\H2483.IH H2483

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1 oping additional housing along a project corridor.’’; 

2 and 

3 (2) in subsection (l)(4)— 

4 (A) in subparagraph (B) by striking ‘‘; or’’ 

5 and inserting a semicolon; 

6 (B) in subparagraph (C) by striking the 

7 period at the end and inserting ‘‘; or’’; and 

8 (C) by adding at the end the following: 

9 ‘‘(D) from grant proceeds distributed 

10 under section 103 of the Housing and Commu11 nity Development Act of 1974 (42 U.S.C. 

12 5303) or section 201 of the Public Works and 

13 Economic Development Act of 1965 (42 U.S.C. 

14 3141), except that— 

15 ‘‘(i) such proceeds are used in con16 junction with the planning or development 

17 of affordable housing; and 

18 ‘‘(ii) such affordable housing is lo19 cated within one-half of a mile of a new 

20 defined station.’’. 

Æ 


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