Washington, Feb. 10 -- Congresswoman Janelle Bynum issued the following press release:
Congresswoman Janelle Bynum (OR-05) and Congressman Chris Pappas (NH-01) introduced the Supporting Projects to Unleash Residential (SPUR) Housing Act to make it less expensive to build new housing developments. The bill will increase the housing supply by establishing a five-year $1.5 billion grant program through the Department of Housing and Urban Development (HUD) to provide funds to housing developers to offset state and local impact fees. Eligibility for the program would require state and local governments to also match half of the project taxes or fees.
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