DemocratBill · H.R. 9934· House(119-HR-9934)

Housing BOOM Act

Rep. Simon
Age: 49 years
California
Introduced
7/23/2026
Last activity
7/23/2026 — Referred to the Committee on Financial Services, and in addition to the Committees on Ways and Means, and Energy and Commerce, 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.
Sponsored by
Lateefah Simon
Cosponsors
None
Housing and Community Development
  1. Introduced
  2. In Committee

What this bill would do

This bill aims to increase the housing supply in the United States and address homelessness through various funding programs and grants. It establishes funds and block grants for building rental housing, converting structures into emergency shelters or affordable housing, and supporting unhoused individuals with mental and behavioral health services. The legislation increases funding for existing programs like the Community Development Block Grant Program, the HOME Investments Partnership Program, and USDA rural development housing. Additionally, it creates new offices within the Department of Housing and Urban Development, including the Office of Eviction Prevention and the U.S. Interagency Council on Housing Affordability and Preservation. Finally, the bill includes provisions requiring prevailing wages for laborers on projects receiving assistance from the newly funded programs.

Yes· 3 of 43

  • Would households on low incomes be better off under this?+10

    Provides 1 million new vouchers, homelessness services, and eviction prevention.

  • Does this make housing cost less?+10

    Comprehensive effort to increase housing supply through loans, grants, tax credits, and 1 million new vouchers.

  • Is this likely to reduce homelessness?+10

    Directly targets homelessness through emergency shelter conversions and the Center for Unhoused Individuals.

The opposite

  • Does this reduce what the federal government spends?-8

    Significantly increases federal spending across multiple housing and health grant programs.

  • Does this reduce what the federal government owes?-5

    Authorizes billions in new spending over five years, which increases the national deficit if not offset.

  • Does this make the government pay for what it commits to?-5

    The bill focuses on large-scale spending authorizations without specifying funding sources.