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Increase the supply of housing in AmericaSection 303 › Proposal

Building an accessory dwelling unit is added to what these loans may finance

To increase the supply of housing in America, and for other purposes, section 303, Sec. 303. Written by .

Building an accessory dwelling unit is added to what these loans may finance

The document says “is amendedWho acts: CongressHow: statuteSec. 303 in the PDF
What the document says

“in subsection (a), by inserting ``construction of additional or accessory dwelling units, as defined by the Secretary,'' after ``energy conserving improvements,''; and”

To increase the supply of housing in America, and for other purposes, Sec. 303

The section amends section 2(a) of the National Housing Act to add the construction of additional or accessory dwelling units, as the Secretary defines them, to the purposes for which these loans may be insured.

What the document actually says

“in subsection (a), by inserting ``construction of additional or accessory dwelling units, as defined by the Secretary,'' after ``energy conserving improvements,''; and”

To increase the supply of housing in America, and for other purposes, Sec. 303
That sentence, in plain words

New words go into an older law. They come after words about saving energy. They add building an extra home on a lot.

What this is about

An accessory dwelling unit is a small second home on one lot. It can be over a garage or in a back yard. The housing agency decides what counts.

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.

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