Introduction 1

Legislative Status 2

Summary of the Housing for the 21st Century Act (H.R. 6644) 3

Title I: Building Smarter for the 21st Century 3

Section 101. Housing Supply Frameworks 3

Section 102. Accelerating Home Building Grant Program 3

Section 103. Federal Guidelines for Point-Access Block Buildings 4

Section 104. Unlocking Housing Supply Through Streamlined and Modernized Reviews5 Section 105. Federal Housing Agency Application of Environmental Reviews 8 Section 106. Multifamily Loan Limits 8

Section 107. GAO Study on Workforce Housing 9

Title II: Modernizing Local Development and Rural Housing Programs 9

Section 201. HOME Reform 9

Section 202. Community Development Fund Amendments 12

Section 203. Grants for Planning and Implementation Associated with Affordable Housing 12

Section 204. Rural Housing Service Program Improvements 13

Section 205. Choice in Affordable Housing 13

Title III: Expanding Manufactured and Affordable Housing Finance Opportunities 14

Section 301. Manufactured Housing Innovations 14

Section 302. FHA Small-Dollar Mortgages 15

Section 303. Community Investment and Prosperity 15

Title IV: Protecting Borrowers and Assisted Families 16

Section 401. Exclusion of Certain Disability Benefits 16

Section 402. Military Service Question 17

Section 403. HUD–USDA–VA Interagency Coordination 17

Section 404. Family Self-Sufficiency Escrow Expansion Pilot Program 17

Section 405. Reforms to Housing Counseling and Financial Literacy Programs 18

Section 406. Establishment of Eviction Helpline 18

Section 407. Temperature Sensor Pilot Program 19

Section 408. GAO Studies 19

Title V: Enhancing Oversight of Housing Providers 19

Section 501. Requirement to Testify 19

Section 502. Improving Public Housing Agency Accountability 19

Title VI: Strengthening Community Banks’ Role in Housing 20

Section 601. Community Bank Deposit Access 20

Section 602. Keeping Deposits Local 21

Section 603. Supervisory Modifications for Appropriate Risk-Based Testing 21

Section 604. Tailored Regulatory Updates for Supervisory Testing 22

Section 605. Credit Union Modernization Act 22

Section 606. Systemic Risk Authority Transparency 22

Section 607. Least Cost Exception 23

Section 608. Failing Bank Acquisition Fairness 24

Section 609. Advancing the Mentor-Protege Program for Small Financial Institutions 24

Section 610. American Access to Banking 25

Section 611. Promoting New Bank Formation 25

Section 612. Rural Depositories Revitalization Study 25

Section 613. Discretionary Surplus Fund 26