A joint report to two committees is due in 180 days
What the document says“(A) a description of opportunities for increased collaboration between the Secretary of Housing and Urban Development, the Secretary of Agriculture, and the Secretary of Veterans Affairs to reduce inefficiencies in housing programs;”
The section requires the three Secretaries to send a joint report within 180 days of enactment to the Senate Committee on Banking, Housing, and Urban Affairs and the House Committee on Financial Services, describing chances for more collaboration to cut inefficiency in housing programs, listing federal laws and regulations that hurt the availability and affordability of new assisted and residential housing under the three agencies' loan programs, and recommending what Congress should do about them.
What the document actually says“(A) a description of opportunities for increased collaboration between the Secretary of Housing and Urban Development, the Secretary of Agriculture, and the Secretary of Veterans Affairs to reduce inefficiencies in housing programs;”
The report must name ways the three agencies could work together better. The aim is to cut waste in housing programs.
The report must also list federal laws that make building harder. It must say what Congress could do about them. It goes to two committees.
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