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H.R. 4497: Housing is Infrastructure Act of 2021

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H.R. 4497: Housing is Infrastructure Act of 2021

117th Congress · introduced 2021-07-16 · Housing and Community Development · Latest: Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2021-07-16 · official record
  2. Who proposed it: Rep. Waters, Maxine [D-CA-43] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Housing is Infrastructure Act of 2021

Plain summary

Housing is Infrastructure Act of 2021 This bill generally addresses housing affordability and infrastructure. The bill authorizes the Department of Housing and Urban Development (HUD) to provide grants, programs, and other support related to public housing, affordable housing preservation and construction, and mortgage access. The bill also establishes and funds the National Investment Authority (NIA) which must design, finance, and implement a strategy of long-term national economic growth and development. The NIA must select projects that coordinate investment of public and private capital in equitable, inclusive, and sustainable growth of the economy. Furthermore, the bill establishes the National Infrastructure Bank (NIB) to implement the strategy by engaging in credit market activities that support public and private investment in critical public infrastructure projects. The bill gives the NIA bond issuing authority and authorizes the Board of Governors of the Federal Reserve System to purchase these bonds. The Federal Reserve must lend funds on a short-term basis upon the request of the NIB and other subsidiaries. Additionally, the Department of the Treasury must provide for a line of credit not to exceed 100% of the NIA's total assets. Finally, the bill (1) authorizes HUD to provide support for fair housing organizations, and (2) requires consultation with a fair housing enforcement organization as part of an application for certain housing grants or funds.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Housing is Infrastructure Act of 2021

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

Arguments for (supporters)

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Arguments against (opponents)

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Waters, Maxine [D-CA-43] · 80 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Nydia M. Velázquez (D-NY), Al Green (D-TX), Emanuel Cleaver (D-MO), Joyce Beatty (D-OH), Ayanna Pressley (D-MA), Ritchie Torres (D-NY), Rashida Tlaib (D-MI), Alexandria Ocasio-Cortez (D-NY), Jesús G. "Chuy" García (D-IL), Sylvia R. Garcia (D-TX), Nikema Williams (D-GA), Jake Auchincloss (D-MA), Janice D. Schakowsky (D-IL), Ted Lieu (D-CA), Lisa Blunt Rochester (D-DE), Yvette D. Clarke (D-NY), Dwight Evans (D-PA), Adriano Espaillat (D-NY), Gwen Moore (D-WI), Deborah K. Ross (D-NC), Eleanor Holmes Norton (D-DC), Linda T. Sánchez (D-CA), Vicente Gonzalez (D-TX), Gregory W. Meeks (D-NY), Steve Cohen (D-TN), Marilyn Strickland (D-WA), Darren Soto (D-FL), Judy Chu (D-CA), Steven Horsford (D-NV), Adam Smith (D-WA), Thomas R. Suozzi (D-NY), Grace Meng (D-NY), Ro Khanna (D-CA), Marcy Kaptur (D-OH), Jerrold Nadler (D-NY), Dina Titus (D-NV), Alma S. Adams (D-NC), Ilhan Omar (D-MN), Jahana Hayes (D-CT) and 20 more.

Sponsor's campaign money: Rep. Waters, Maxine [D-CA-43] reported raising $1.1 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (2)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Bond
A way to borrow money. A government sells bonds to raise money now and promises to pay it back with interest over time. Bonds repaid from taxes often need voter approval.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong117-hr4497 · catalog fed-us-congress-bills-cong117 · updated 2026-11-15 by psicol fed-bills-cong117