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UNLOCK Housing Act

Bill Number
S. 3169
Origin Chamber
Senate
Congress
119th Congress, Session 1
Policy Area
Housing and Community Development
Status
Introduced
Latest Action
2025-11-10: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Last Updated
2026-03-12T11:03:18Z

AI-Generated Summary

Purpose

The UNLOCK Housing Act aims to expand access to funding for new residential housing construction targeted at low- and moderate-income individuals. It modifies existing federal community development grants to explicitly allow the use of these funds for building new affordable homes, addressing potential shortages in housing supply for lower-income groups.

Key Provisions

Significant Changes to Existing Law

Potential Impacts

Main Stakeholders Affected

Notable Legal, Constitutional, or Political Implications

This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.

Sponsor

Sen. Kim, Andy [D-NJ]

Cosponsors (2)

Sen. McCormick, David [R-PA], Sen. Padilla, Alex [D-CA]

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