Public Housing Sustainability Act
SENATE BILL
To keep federal housing programs funded and expand availability of affordable homes.
Be it enacted,
Section I: Purpose
1. Atlasia must sufficiently maintain and fund its public housing programs and ensure that -
a. Homelessness is minimized in all regions to the eventual point of non-existence.
b. Affordable, safe, and permanent housing is available to all residents regardless of class or credit status.
c. Youth-centered care programs are accessible to all in need of such services.
d. Renters are guaranteed a stable cost of rent and cost-of-living assistance.
e. Prospective home buyers have access to low-interest mortgage loans and cost assistance options.
Section II: Support
1. The Subdepartment of Housing and Urban Development shall be directed to -
a. Increase funding for the following federal projects by a minimum of 5%.
i. Real Estate Revivification Program (RERP)
ii. Hubert H. Humphrey Helping Hand to the Homeless Grant Program
iii. National Housing Construction Program
iv. National Hostel Program
b. Review the cost-effectiveness and sustainability of the following projects.
i. Loan programs structured under the Urban Investment and Redevelopment Act.
ii. The Home Buyer Assistance Fund structured under the Home Buyer Assistance Stabilization Act.
c. Submit to the President a detailed report concerning the efficacy of all active housing programs.
i. At the discretion of the President, any federal housing assistance program described by the Subdepartment of Housing and Urban Development as underfunded or understaffed may receive an additional budget increase pursuant to the Federal Budget.
Section III: Implementation
1. This act shall take effect on November 1st, 2023.
Sponsor: NYE (originally Pyro)
Occupying: Slot 16
