US HB1808

Establishes a federal Task Force to identify critical needs for working waterfronts, including threats from environmental changes like sea level rise, ocean acidification, and extreme weather, with a report due to Congress within 18 months

Creates the Working Waterfronts Grant Program with $50 million authorized annually for fiscal years 2025-2029 to help coastal states, Indian Tribes, and Native Hawaiian organizations preserve, expand, and improve working waterfronts supporting commercial fishing, recreational boating, aquaculture, and boatbuilding

Requires grant recipients to develop working waterfronts plans identifying at-risk areas, assessing economic and cultural value, and providing strategic preservation priorities, with plans effective for 5-year periods

Establishes Working Waterfronts Preservation Loan Funds with an additional $50 million authorized annually for fiscal years 2025-2029, allowing eligible coastal states to provide low-interest loans for waterfront preservation projects with special subsidies available for disadvantaged communities

Sets federal cost-share at up to 75% for grant projects, with waivers available for disadvantaged communities, and requires Davis-Bacon prevailing wage compliance for construction projects funded through the loan program