Bill · H.R. 7243· House(119-HR-7243)
SPUR Housing Act
- Introduced
- 1/27/2026
- Last activity
- 1/27/2026 — Referred to the House Committee on Financial Services.
- Sponsored by
- Janelle Bynum
- Cosponsors
- - 1 - 0
- Introduced
- In Committee
What this bill would do
This bill, known as the "SPUR Housing Act," directs the Secretary of Housing and Urban Development to create a grant program for developers. These grants are intended to offset costs related to state and local taxes and impact fees incurred during the construction of housing developments. To qualify, developers must obtain all necessary government approvals and secure commitments from state and local governments to reduce property taxes by at least 50 percent. The Secretary will prioritize projects that meet specific criteria, such as increasing affordable housing or being located near employment hubs. Each grant is capped at either 50 percent of the taxes and impact fees or $150,000. The bill authorizes up to $300,000,000 in appropriations for each fiscal year from 2027 through 2031.
Yes· 3 of 10
Does this make housing cost less?+6
The bill prioritizes developers who increase affordable, mixed-income, and workforce housing through a federal grant program.
Would households on low incomes be better off under this?+5
The bill prioritizes the creation of affordable and supportive housing for vulnerable populations.
Would people over 65 be better off under this?+4
The bill directs the Secretary to prioritize developers creating senior-friendly housing units.
The opposite
Does this reduce what the federal government spends?-2
The bill authorizes up to $300,000,000 in new annual federal appropriations for the grant program.
Who it would affect, and how
Potential Positive Impacts for People
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Increased Affordable and Workforce Housing: The Secretary is directed to prioritize developers who are building affordable housing, mixed-income housing, or targeting workforce housing needs (Section 2(d)(1), (5), and (8)).
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Support for Vulnerable Populations: Priority may be given to projects that include supportive housing elements for vulnerable populations and senior-friendly or accessible units (Section 2(d)(9) and (11)).
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Strategic Development Locations: The program encourages developments that are transit-oriented, located near employment hubs, or utilize infill sites within urban growth boundaries (Section 2(d)(6) and (7)).
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Financial Offset for Housing Construction: Developers can receive funds to help cover the costs of state and local taxes and impact fees associated with building housing developments (Section 2(a)).
Potential Negative Impacts for People
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Strict Eligibility Requirements for Developers: To receive any money, developers must secure commitments from both State and local governments to reduce property taxes by at least 50 percent (Section 2(c)(2)).
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Strict Timeline for Construction: To be prioritized, developers must be able to begin building within one year of submitting their application (Section 2(d)(3)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Low Income Households+5Good For Seniors+4Good For Urban Residents+4Good For Middle Class Households+3
- Social Issues And Justice
- Improves Affordable Housing+6Reduces Homelessness+4Improves Poverty Reduction+3
- Economy And Finance
- Increases Job Creation+3Improves Small Business Support+2Reduces Government Spending-2
- Environment Energy And Infrastructure
- Improves Public Transit+3
- 1/27/2026
- Referred to the House Committee on Financial Services.
- 1 Cosponsor added.
- Introduced in House
Chris PappasDemocrat · New Hampshire