Referred to the Committee on Financial Services, and in addition to the Committee on Oversight and Government Reform, 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.
Housing and Community Development
Why This Matters
The Build Now Act of 2025 changes how federal funding is allocated to cities based on their housing growth rates. This helps cities that are building more homes get the support they need to continue growing.
If you live in a rapidly growing city, your community could receive more federal funds for development projects.
Who this affects
Cities · Urban counties
What changes is this bill making?
1This bill adjusts funding for community development based on local housing growth rates.
2Cities with higher housing growth will receive more federal funding.
3It defines specific criteria for cities to qualify for increased funding.
4The bill aims to support areas experiencing rapid housing development.
5It excludes certain cities from receiving adjustments based on housing market conditions.
