The bill would establish Department of Housing and Urban Development grant programs to rehabilitate, preserve, and modernize public housing, including energy, water-quality, electrification, internet, transportation, and climate-adaptation upgrades. It would require resident and community participation, workforce-development and labor standards, relocation assistance with a right to return, and no reduction in total public housing units. It would also require resident councils in public housing projects with at least 50 units, provide related funding and stipends, appropriate amounts for the public housing capital backlog, and repeal the Faircloth amendment.

FactVote-generated overview; it is not an official CRS summary.