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H.R.7132 Housing Supply and Affordability Act
Creates competitive HUD grants to increase housing supply and affordability in high-cost areas (118th Congress)
View on Congress.govLegal & Constitutional Grounding
Freddie Mac estimates 3.8M-unit housing deficit; NLIHC documents 7.2M affordable rental shortage for ELI renters.
Freddie Mac, "Housing Supply: A Growing Deficit" (May 2021): 3.8 million unit housing shortage as of Q4 2020
- NLIHC Gap Report (2026): 7.2 million rental home shortage for extremely low-income renters
- 42 U.S.C. § 12721 — HOME Act congressional findings on inadequate affordable housing supply
Housing affordability and economic mobility act. The national housing shortage of 3.8 million units (NAR data) requires systemic policy responses.