S.Amdt. 4316

SA 4316. Ms. HASSAN submitted an amendment intended to be proposed by
her to the bill H.R. 6644, a bill to increase the supply of housing in
America, and for other purposes; which was ordered to lie on the table;
as follows:

At the appropriate place, insert the following:

SEC. __. HOUSING AND ECONOMIC DEVELOPMENT ACT.

(a) Memorandum of Understanding.--The Secretary of Housing
and Urban Development and the Assistant Secretary of Commerce
for Economic Development shall establish a memorandum of
understanding, or other appropriate interagency agreement,
to--
(1) increase collaboration related to projects approved by
and funded by amounts from both the Department of Housing and
Urban Development and the Economic Development Administration
to construct housing and implement economic development
projects, which, where practicable, may include--

[[Page S837]]

(A) coordinating timelines for application review and award
decisions;
(B) standardizing terminology and definitions used in
notices of funding opportunities;
(C) issuing joint guidance to reduce any duplicative
reporting and administrative burden for applicants and
grantees; and
(D) establishing clear points of contact at each agency to
resolve questions for applicants and grantees regarding
jointly funded projects;
(2) identify barriers preventing the Department of Housing
and Urban Development and the Economic Development
Administration from further coordination and identify future
opportunities to promote jointly funded projects that advance
shared goals; and
(3) share relevant housing-related research and market data
that facilitate evidence-based policymaking.
(b) Interagency Report.--Not later than 1 year after the
date of enactment of this Act, the Secretary of Housing and
Urban Development and the Assistant Secretary of Commerce for
Economic Development shall jointly submit to the Committee on
Banking, Housing, and Urban Affairs and the Committee on
Commerce, Science, and Transportation of the Senate and the
Committee on Financial Services and the Committee on Energy
and Commerce of the House of Representatives a report that
includes recommendations for legislative, regulatory, or
administrative actions to improve the efficiency of, and
reduce barriers to future collaboration on, construction
projects jointly funded by amounts from the Department of
Housing and Urban Development and the Economic Development
Administration.
______