H.R. 7326

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 7326 Introduced in House (IH)]

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119th CONGRESS
2d Session
H. R. 7326

To direct the Secretary of Housing and Urban Development to conduct a 
grant competition for the development of single- and multi-family 
homes, and for other purposes.

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

February 3, 2026

Mr. Foster (for himself, Ms. Pettersen, and Mr. Fields) introduced the 
following bill; which was referred to the Committee on Financial 
Services

_______________________________________________________________________

A BILL

To direct the Secretary of Housing and Urban Development to conduct a 
grant competition for the development of single- and multi-family 
homes, and for other purposes.

Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ``Advancing Better Options for 
Dwellings Everywhere Act'' or the ``ABODE Act''.

SEC. 2. COMPETITION.

(a) In General.--The Secretary of Housing and Urban Development (in 
this section referred to as the ``Secretary''), in consultation with 
the Department of Energy and the Environmental Protection Agency, 
shall--
(1) conduct a grant competition to provide grants to 
academic organizations, nonprofit organizations, and for-profit 
or nonprofit mission-driven developers to develop, or 
rehabilitate existing, single- and multi-family homes--
(A) for households with an income that is not more 
than 50 percent of the area median income; and
(B) with a focus on--
(i) reducing development costs;
(ii) increasing resiliency, energy 
efficiency, accessibility for individuals with 
disabilities; and
(iii) selecting projects that are built to 
scale; and
(2) study the short- and long-term savings of the 
resiliency and energy efficiency measures that were implemented 
in the homes described in paragraph (1).
(b) Use of Funds.--A grant awarded under this section shall be 
awarded at completion of the contract for building a pre-determined 
number of homes that abide by pre-determined resiliency and energy 
efficiency measures.
(c) Priority.--The Secretary shall prioritize grant awards that--
(1) develop or rehabilitate homes in areas with a severe 
affordable housing shortage;
(2) focus on quality, durability and maintenance costs, and 
neighborhood design compatibility; or
(3) develop or rehabilitate homes with universal design 
that provides access for individuals with disabilities.
(d) Report.--Not later than 2 years after the date of enactment of 
this Act, the Secretary shall submit to Congress a report on the 
competition and study conducted under this section, which shall 
include--
(1) a description of the projects funded and completed;
(2) the number and sales or rental price, as applicable, of 
affordable houses built; and
(3) the results of the study described in subsection 
(a)(2).
(e) Authorization of Appropriations.--There is authorized to be 
appropriated such sums as may be necessary to carry out this section.
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