At least 70 percent of a grant must benefit people of low and moderate income
To increase the supply of housing in America, and for other purposes, section 504, Sec. 504.
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At least 70 percent of a grant must benefit people of low and moderate income
The document says “shall”Who acts: grantees under the new section 124How: statuteSec. 504 in the PDF
What the document says
“Not less than 70 percent of a grant made under this section shall be used for activities that benefit persons of low and moderate income unless the Secretary--”
The new section 124 requires at least 70 percent of a grant to be used for activities benefiting people of low and moderate income, unless the Secretary specifically finds a compelling need to reduce that share and that the housing needs of those people have been addressed, and issues a waiver and alternative requirement for that grant. The Secretary must set protocols by regulation reflecting the requirement, including for people with extremely and very low incomes.
What the document actually says
“Not less than 70 percent of a grant made under this section shall be used for activities that benefit persons of low and moderate income unless the Secretary--”
That sentence, in plain words
Most of each grant must help people with low or middling income. The share is at least 70 percent. Only the housing agency can lower it.
What this is about
To lower it the agency must find a strong reason. It must also find that housing needs have been met. Then it must issue a waiver for that grant.
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.
Increase the supply of housing in America, Public Law 119-101, sec. 504, 140 Stat. 929 (2026). https://www.govinfo.gov/content/pkg/PLAW-119publ101/html/PLAW-119publ101.htm
This page
“At least 70 percent of a grant must benefit people of low and moderate income,” Increase the supply of housing in America, section 504, Sec. 504. Read the Mandate, https://readthemandate.org/pl-119-101/proposal/sec504-low-mod-benefit/ (retrieved October 10, 2026).
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