Finding Market-Based and Local Solutions to Ensure Access to Housing Act

Bill: 116-hr-4956
Sponsor: full_name: Rep. Foxx, Virginia [R-NC-5]
Introduced: 2019-10-31
Policy area: Housing and Community Development
Subjects: Administrative law and regulatory procedures

Congressional oversight

Housing supply and affordability

Presidents and presidential powers, Vice Presidents
Latest action: action_date: 2019-10-31
text: Referred to the House Committee on Financial Services.

Summaries:
action_date: 2019-10-31
action_desc: Introduced in House
text: <p><b>Finding Market-Based and Local Solutions to Ensure Access to Housing Act</b></p> <p>This bill provides statutory authority for the White House Council on Eliminating Regulatory Barriers to Affordable Housing.</p>

tv_txt: I 116th CONGRESS 1st Session H. R. 4956 IN THE HOUSE OF REPRESENTATIVES October 31, 2019 Ms. Foxx of North Carolina (for herself and Mrs. Wagner ) introduced the following bill; which was referred to the Committee on Financial Services A BILL To provide that the Executive order entitled Establishing a White House Council on Eliminating Regulatory Barriers to Affordable Housing shall have the force and effect of law, and for other purposes.

1. Short title This Act may be cited as the Finding Market-Based and Local Solutions to Ensure Access to Housing Act . 2. Findings The Congress finds the following: (1) Communities across the country are facing an affordable housing crisis. (2) Families who pay more than 30 percent of their income for housing are considered cost burdened and may have difficulty affording necessities such as food, clothing, transportation, and medical care. (3) The Department of Housing and Urban Development estimates 12,000,000 renter and homeowner households now pay more than 50 percent of their annual incomes for housing. (4) The prohibitive cost of housing slows economic growth and means fewer jobs and lower wages. (5) Housing demand depends on local demographics, job markets, and place-based amenities. (6) Housing supply depends on local availability of land and the cost and complexity of housing development. (7) Land-use restrictions are a significant factor in housing supply and prices. (8) There is evidence that exclusionary and restrictive zoning raises housing prices and restricts the supply of housing across the country. (9) Housing markets are local. (10) Exclusionary and restrictive zoning policies that affect development are adopted by local governments. (11) The Federal Government has limited control over State and local land-use policy and zoning. (12) To understand and correct housing shortages, Federal, State, and local governments need to look at all options. (13) Housing is critical for health, economic stability, and academic success. 3. Legal effect Notwithstanding any other provision of law or Executive order, Executive Order 13878 (84 Fed. Reg. 30853), signed on June 25, 2019, and entitled “Establishing a White House Council on Eliminating Regulatory Barriers to Affordable Housing” shall have the force and effect of law. 4. Report to Congress (a) In general Not later than 1 year after the date of the enactment of this Act, the White House Council on Eliminating Regulatory Barriers to Affordable Housing shall submit to the Congress a report on the implementation, by the Council, of section 4 of Executive Order 13878 (84 Fed. Reg. 30853). (b) Subsequent reports The White House Council on Eliminating Regulatory Barriers to Affordable Housing shall submit any subsequent report that the Congress may request or that the Council may deem appropriate.