The SPUR Housing Act establishes a grant program to help housing developers offset costs related to taxes and fees, encouraging the construction of more affordable homes.
If you are looking for affordable housing, this bill could lead to more options being built in your area.
Who this affects
housing developers · families seeking housing
What changes is this bill making?
1This bill creates a grant program for housing developers.
2Developers can receive money to help cover state and local taxes.
3Grants will focus on projects that increase affordable housing.
4Developers must meet specific requirements to qualify for grants.
5The program will have $300 million available each year for five years.
