S.Amdt. 2541

SA 2541. Mr. BRAUN (for himself and Mr. Schatz) submitted an
amendment intended to be proposed to amendment SA 2137 proposed by Mr.
Schumer (for Ms. Sinema (for herself, Mr. Portman, Mr. Manchin, Mr.
Cassidy, Mrs. Shaheen, Ms. Collins, Mr. Tester, Ms. Murkowski, Mr.
Warner, and Mr. Romney)) to the bill H.R. 3684, to authorize funds for
Federal-aid highways, highway safety programs, and transit programs,
and for other purposes; which was ordered to lie on the table; as
follows:

At the end of division C, add the following:

SEC. 3____. AFFORDABLE HOUSING INCENTIVES IN CAPITAL
INVESTMENT GRANTS.

Section 5309 of title 49, United States Code (as amended by
section 30005(a)), is amended--
(1) in subsection (g)--
(A) in paragraph (2)(B)--
(i) in clause (i) by striking ``; and'' and inserting a
semicolon;
(ii) in clause (ii) by striking the period and inserting
``; and''; and
(iii) by adding at the end the following:
``(iii) allow a weighting of up to five percentage points
greater to the criteria relating to economic development
under subsection (d)(2)(A)(iii) or (e)(2)(A)(iv), as
applicable, and up to five percentage points lesser to the
lowest scoring criteria under either such subsection, if the
applicant demonstrates substantial effort to preserve or
encourage affordable housing near the project by--

``(I) providing documentation of policies that allow for
the approval of multi-family housing, single room occupancy
units, and accessory dwelling units without a discretionary
review process;
``(II) providing local capital sources for transit-oriented
development; or
``(III) other methods, as determined appropriate by the
Secretary.'';

(B) in paragraph (3)--
(i) in subparagraph (C) by striking ``and'' at the end;
(ii) by redesignating subparagraph (D) as subparagraph (E);
and
(iii) by inserting after subparagraph (C) the following:
``(D) in the case of a warrant that applies to the criteria
relating to economic development under subsection
(d)(2)(A)(iii) or (e)(2)(A)(iv), the applicant that requests
the use of such warrant has completed and submitted a housing
feasibility assessment; and''; and
(C) by adding at the end the following:
``(9) Definition.--In this subsection, the term `housing
feasibility assessment' means an analysis of the physical,
legal, and financial viability of developing additional
housing along a project corridor.''; and
(2) in subsection (l)(4)--
(A) in subparagraph (B) by striking ``; or'' and inserting
a semicolon;
(B) in subparagraph (C) by striking the period at the end
and inserting ``; or''; and
(C) by adding at the end the following:
``(D) from grant proceeds distributed under section 103 of
the Housing and Community Development Act of 1974 (42 U.S.C.
5303) or section 201 of the Public Works and Economic
Development Act of 1965 (42 U.S.C. 3141), except that--
``(i) such proceeds are used in conjunction with the
planning or development of affordable housing; and
``(ii) such affordable housing is located within one-half
of a mile of a new defined station.''.
______