Section 1 Authorization of appropriations
Subtitle A of title II of Cranston-Gonzales National Affordable Housing Act (42 U.S.C. 12741 et seq.) is amended by adding at the end the following:
“227. Authorization of appropriations
“(a) In general—There is authorized to be appropriated, to the Secretary of Housing and Urban Affairs, $1,500,000,000, in each of fiscal years 2024, 2025, 2026, 2027, and 2028, to carry out this subtitle.
“(b) Additional amount—In addition the amount authorized to be appropriated pursuant to subsection (a), there is authorized to be appropriated $500,000,000, in each of fiscal years 2024, 2025, 2026, 2027, and 2028, for projects conducted under this subtitle that build or rehabilitate childcare facilities.”