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119-hr-8171119th CongressWALLET

FAST Housing Act

Sponsored By: Representative Ciscomani, Juan [R-AZ-6]

Introduced

Summary

This bill would create a HUD-led demonstration to _accelerate development of workforce and affordable housing_ in places with rapid local workforce growth. It would award up to 15 competitive grants to local governments or public housing agencies that commit to zoning and permitting reforms.

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  • Families and workers would gain new housing that must include affordable units: at least 30% of workforce housing created with grant funds must be affordable and each unit must remain affordable for at least five years.
  • Eligible local governments and public housing agencies must show workforce expansion tied to federal investments under the Infrastructure Investment and Jobs Act (IIJA) or the CHIPS and Science Act and evidence of a housing shortage, and submit plans to reform zoning and permitting.
  • Eligible reforms include upzoning, by-right multifamily near transit, expedited permitting, reduced parking minimums, smaller lot sizes, accessory dwelling units, and easing barriers to manufactured or modular housing.
  • Grant funds can convert commercial space to housing, support development or rehabilitation via public-private partnerships, provide technical assistance, and acquire properties in mixed-income neighborhoods. HUD must prioritize jurisdictions that most streamline barriers and must fund an independent study 18 months after awards and annually thereafter to measure effects on approval, construction, and completion timelines.

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 2 benefits, 0 costs, 0 mixed.

Clear rules for affordable and workforce housing

This bill would set numeric tests for HUD’s demonstration program. "Affordable housing" would mean total housing costs no more than 30% of monthly income for households with income at or below 80% of the area median. "Workforce housing" would mean costs no more than 30% of 120% of area median income (adjusted for household size) or a sale price no more than 110% of the area median price. The bill would also define eligible entities as local governments or public housing agencies showing workforce growth from IIJA or CHIPS and a local housing shortage, and it would identify which COVID-era statutes count as "COVID funds." The Secretary and public housing agency terms would follow existing law.

HUD grants to speed local housing supply

This bill would require HUD to run a demonstration grant program and award up to 15 competitive grants within one year. Grants would go to local governments or public housing agencies that show workforce growth and a local housing shortage. Funds could convert commercial space, develop or rehab housing, provide technical help, and acquire properties in high-opportunity areas. At least 30% of workforce units helped would have to be affordable, and assisted units would remain workforce or affordable for at least five years. The Treasury would identify COVID funds and transfer 10% of those amounts to HUD within 30 days to fund the program. HUD would study program impacts within 18 months of awards and annually after.

Sponsors & CoSponsors

Sponsor

Ciscomani, Juan [R-AZ-6]

AZ • R

Cosponsors

  • Rep. Quigley, Mike [D-IL-5]

    IL • D

    Sponsored 4/2/2026

Roll Call Votes

No roll call votes available for this bill.

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