Section 1 Short title
This Act may be cited as the “Housing for America’s Middle Class Act of 2023”.
Housing for America’s Middle Class Act of 2023
A BILL
To require the Government Accountability Office to study and recommend a definition for workforce housing.
Sec. 2 Congressional findings
The Congress finds that—
the lack of affordable housing in the United States is an issue impacting millions of middle-class, working American families;
many of these families earn more annually than the income limits for certain Federal housing financing and benefits; and
these families are often excluded from living in neighborhoods near their places of work, schools, shopping, and healthcare due to a lack of affordability.
Sec. 3 Report to Congress
Not later than 180 days after the date of the enactment of this Act, the Comptroller General of the United States shall submit to the Congress a report that—
identifies issues with housing affordability for America’s middle-income homeowners and renters, including identifying geographically where housing is the most unaffordable for these populations;
identifies Federal housing programs, including Federal tax credits, grants, credit programs, and other programs that currently benefit lower-income households, which are not available to middle-income households;
identifies any gaps in the inclusion of middle-income households in Federal housing programs designed to promote affordability;
sets forth recommendations for a definition of “workforce housing” based on income parameters in order to assist Federal agencies in including middle-income households under existing Federal programs; and
analyzes how such a definition could relate to incentives for workforce housing development through Federal programs, policies, and other initiatives.