Bill · S. 3464· Senate(119-S-3464)
Housing BOOM Act
- Introduced
- 12/11/2025
- Last activity
- 12/11/2025 — Read twice and referred to the Committee on Finance.
- Sponsored by
- Adam Schiff
- Cosponsors
- None
- Introduced
- In Committee
What this bill would do
This bill is known as the Housing Building Occupancy Opportunities for Millions Act or the Housing BOOM Act. The legislation aims to increase the housing supply in the United States and address housing affordability and homelessness. It establishes multiple new funds, grant programs, and offices dedicated to expanding construction, supporting tenants, and preventing evictions. The bill authorizes funding across various housing and health programs for fiscal years 2026 through 2030. Additionally, the legislation sets specific labor standards, such as prevailing wages and apprenticeship requirements, for construction projects receiving funding under the Act.
Yes· 3 of 19
Would households on low incomes be better off under this?+9
The bill greatly expands rental assistance, emergency shelter access, and supportive services for those in need.
Does this make housing cost less?+9
The bill provides massive funding for rental assistance, middle-income housing loans, and the conversion of buildings into affordable units.
Is this likely to reduce homelessness?+9
The bill provides extensive funding for emergency shelters, supportive services, and eviction prevention to combat homelessness.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Increased Funding for Housing Supply and Construction: Section 101 amends the Internal Revenue Code to increase the state housing credit ceiling, which can help boost the construction of affordable housing. Section 102 establishes the Middle Income Housing Construction Loan Fund to make low-interest loans for rental housing targeting households earning between 60 and 120 percent of the area median income.
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Support for Workforce and Affordable Housing: Section 103 establishes a Workforce Housing Block Grant Program providing $5,000,000,000 annually from 2026 through 2030 to support workforce rental housing development. Section 104 establishes the Housing Accelerator Program to provide gap financing for affordable housing projects that include long-term affordability covenants.
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Combating Homelessness and Providing Emergency Shelters: Section 113 provides grants to convert hotels, motels, and vacant properties into emergency shelters and housing for homeless persons and families. Section 201 increases funding authorizations for homelessness assistance and supportive services under the McKinney-Vento Homeless Assistance Act. Furthermore, Section 202 establishes a Center for Unhoused Individuals within SAMHSA and provides grant funding to improve mental and behavioral health and housing services for unhoused individuals.
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Tenant Support and Eviction Prevention: Section 301 authorizes appropriations to increase tenant-based rental assistance vouchers by 1,000,000 through fiscal year 2035. Section 302 provides grants for housing counseling and navigation services to help individuals enroll in housing assistance programs. Section 303 establishes the Office of Eviction Prevention within the Department of Housing and Urban Development to protect tenants from evictions and administer related grant programs.
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Fair Housing and Language Access: Section 401 establishes the United States Interagency Council on Housing Affordability and Preservation to develop federal policy preserving and increasing affordable housing supply and rental market fairness. Section 402 requires the Secretary to release a comprehensive Language Access Plan to improve access to federal housing programs for individuals with limited English proficiency.
Potential Negative Impacts for People
- Labor Penalties on Construction Projects: Throughout the legislation, including Section 102, Section 103, and Section 104, eligible recipients who fail to meet specific qualified apprentice labor hour requirements must pay a penalty of $50 per unsatisfied labor hour to the Secretary of Labor, which could increase financial burdens on developers or contractors who are unable to fulfill these exact quotas.
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+9Good For People With Disabilities+8Good For Native Americans+7Good For Seniors+7Good For Middle Class Households+6Good For Children+5Good For Women+5Good For Hispanic Americans+4Good For Veterans+4
- Social Issues And Justice
- Improves Affordable Housing+9Reduces Homelessness+9Improves Childcare Affordability+6Improves Poverty Reduction+6Improves Racial Equity+5
- Healthcare
- Improves Mental Health Access+8Improves Opioid Crisis Response+7
- Economy And Finance
- Increases Job Creation+5
- Environment Energy And Infrastructure
- Improves Rural Development+5
- Governance And Ideology
- Improves Government Transparency+4
- 12/11/2025
- Read twice and referred to the Committee on Finance.
- Introduced in Senate
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.