HR7243119th CongressWALLET

SPUR Housing Act

Sponsored By: Representative Bynum

Introduced

Summary

Offsets local taxes and impact fees to help developers build housing.

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This bill would require the Secretary of Housing and Urban Development to create a grant program that pays up to half of state and local taxes and impact fees on eligible housing projects, prioritizes affordable, transit-oriented, and rehabilitation projects, and would authorize $300.0 million per year from 2027 through 2031.

  • Developers: Developers could receive an annual grant equal to the lesser of 50% of the taxes and impact fees or $150,000 a year, helping lower upfront costs for projects.
  • Renters, families, and seniors: Projects that add affordable, mixed-income, transit-accessible, or senior-friendly units are prioritized, which could increase housing options near jobs and transit.
  • Local governments: Local authorities must commit to reducing property taxes tied to a project by at least 50% to unlock the grant, shifting local revenue choices tied to new development.

*This bill would increase federal spending by authorizing $300.0 million per year from 2027 through 2031 to fund the program, totaling $1.5 billion in authorized appropriations.*

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Grants to help housing developers pay fees

This bill would require HUD to set up a grant program within 90 days to help developers offset state and local taxes and local impact fees tied to building housing. Each selected developer would get an annual grant equal to the lesser of 50% of those taxes and fees or $150,000. Grants could be paid for up to five years if the required state and local commitments remain in place. To qualify, developers would need all required state and local approvals and commitments to cut the project’s property taxes by at least 50%. HUD would prioritize projects that add affordable, mixed‑income, transit‑oriented, infill, senior‑friendly, accessible, or supportive housing and that can begin construction within one year. Congress would be authorized to appropriate $300 million each year for fiscal years 2027 through 2031 to run the program.

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Sponsors & CoSponsors

Sponsor

Bynum

OR • D

Cosponsors

  • Rep. Pappas, Chris [D-NH-1]

    NH • D

    Sponsored 1/27/2026

Roll Call Votes

No roll call votes available for this bill.

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