CONGRESS FOR VOTERS

DemocratAmendment · S.Amdt. 337· Senate(119-SAMDT-337)

S.Amdt. 337

Rep. Cantwell
Age: 68 years
Washington
Introduced
2/20/2025
Sponsored by
Maria Cantwell
Cosponsors
None
Changes bill
119-SCONRES-7 — An original concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2025 and setting forth the appropriate budgetary levels for fiscal years 2026 through 2034.
  1. Introduced
  2. Pending Consideration

What this amendment would do

As folks back home struggle to find a place they can actually afford to live, our elected officials need to be held accountable for making housing a priority. This amendment, submitted by Ms. Cantwell, creates a special funding setup called a deficit-neutral reserve fund focused entirely on expanding the supply of affordable housing.

What It Aims To Change Or Add

The Main Goals

  • Allows the Chairman of the Senate Committee on the Budget to change financial allocations and adjustments for future legislation dealing with housing policy.

  • Helps fund the expansion and strengthening of the Low-Income Housing Tax Credit.

  • Creates Federal incentives to encourage State and local governments to cut down on red tape and regulatory burdens, while putting programs in place to boost the affordable housing supply.

  • Strictly requires that any of these housing actions must not increase the federal deficit over the total period of fiscal years 2025 through 2034.