Build Now Act of 2025

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 2441 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 2441 To provide for adjustments to community development block grant allocations based on improvements in housing growth rates. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES July 24, 2025 Mr. Kennedy (for himself and Ms. Warren) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs _______________________________________________________________________ A BILL To provide for adjustments to community development block grant allocations based on improvements in housing growth rates. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Build Now Act of 2025''. SEC. 2. DEFINITIONS. In this Act: (1) Covered recipient.--The term ``covered recipient'' means a metropolitan city or urban county, as those terms are defined in section 102 of the Housing and Community Development Act of 1974 (42 U.S.…