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H. Rept. 116-686 1 (2020-12-24)

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U.S. GOVERNMENT
INFORMATION .















                     116TH CONGRESS                                          REPORT
                        2d Session     HOUSE   OF  REPRESENTATIVES           116-686







                             HOUSING IS INFRASTRUCTURE ACT OF 2020




                     DECEMBER 24, 2020.-Committed to the Committee of the Whole House on the State
                                       of the Union and ordered to be printed




                          Ms.  WATERS,  from  the Committee  on Financial  Services,
                                           submitted  the following



                                              R  E   P  O  R  T


                                                together with

                                             MINORITY VIEWS

                                             [To accompany H.R. 5187]

                               [Including cost estimate of the Congressional Budget Office]

                       The  Committee  on  Financial Services, to whom  was  referred the
                     bill (H.R. 5187) to facilitate the development of affordable housing,
                     and for other purposes, having  considered  the same,  reports favor-
                     ably thereon with  an amendment and recommends that the bill as
                     amended  do pass.

                                                  CONTENTS

                                                                                      Page
                     Purpose and Sum m ary ............................................................................................  6
                     Background and Need for  Legislation  ...................................................................  6
                     Section-by-Section  A nalysis  ...................................................................................  9
                     Hearings ................................................................................................................... 12
                     Com m ittee  Consideration  ........................................................................................  12
                     Committee Votes ...................................................................................................... 12
                     Statement of Oversight Findings and Recommendations of the Committee ......            17
                     Statement of Performance Goals and Objectives .................................................. 17
                     New Budget Authority and CBO Cost Estimate ................................................... 17
                     Com m ittee  Cost  E stim ate  .......................................................................................  21
                     U nfunded M andate  Statem  ent  ...............................................................................  21
                     Advisory Committee ................................................................................................ 21
                     Application of Law to the Legislative Branch     ....................................................... 22
                     Earmark Statement ................................................................................................. 22
                     Duplication of  Federal Program  s  ............................................................................  22
                     Changes to E xisting  L aw  ........................................................................................  22
                     Minority Views ......................................................................................................... 23

                       The amendment is   as follows:
                       19-006

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