US HB7344

Secretary of Housing and Urban Development must complete a review within 180 days of how the Build America, Buy America Act applies to the HOME Investment Partnerships Program

Updated guidance clarifying Build America, Buy America requirements for HOME program activities must be issued within 90 days after the review is completed

Congressional report due within 270 days to the House Financial Services Committee and Senate Banking, Housing, and Urban Affairs Committee describing review results and issued guidance

Addresses intersection of domestic sourcing requirements (Build America, Buy America Act from Public Law 117-58) with affordable housing assistance under the Cranston-Gonzalez National Affordable Housing Act