Recipients must be told their rate within 60 days, with guidance on reform
What the document says“Not later than 60 days after the date of enactment of this Act, the Secretary shall notify each eligible recipient of the recipient's housing growth improvement rate and whether that housing growth improvement rate is above, at, or below the median”
The section requires the Secretary to tell each eligible recipient within 60 days of enactment what its housing growth improvement rate is and whether that rate is above, at, or below the median for all eligible recipients other than extremely high-growth recipients. With that notice the Secretary must share guidance and Department resources on best practices for reducing regulatory barriers to housing and increasing supply.
What the document actually says“Not later than 60 days after the date of enactment of this Act, the Secretary shall notify each eligible recipient of the recipient's housing growth improvement rate and whether that housing growth improvement rate is above, at, or below the median”
The housing agency must write to every place covered. It has 60 days. The letter gives the place its rate and says how it compares to the middle.
The letter also carries advice. That advice is about cutting rules that slow building. A place learns its score before the money moves.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.