Sec. 104. Housing accelerator program
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The Secretary shall establish a Housing Accelerator Program (in this section referred to as the Program ) to provide funding to local governments, affordable housing developers, and public housing agencies for gap financing for affordable housing projects that— have site control through ownership, ground lease, or other enforceable instrument; have received all required local land use and environmental clearances; have secured commitments for not less than 50 percent of total development financing; and demonstrate the capacity to commence construction within 12 months of receiving Federal funds. An entity described in subsection
(a)desiring funding under the Program shall submit to the Secretary an application in such form, at such time, and containing such information as the Secretary determines appropriate. An affordable housing project that receives funding under the Program shall— include a minimum affordability covenant of not less than 30 years of affordability for each unit; and provide that— not less than 40 percent of units shall be affordable to families with incomes that are not more than 60 percent of the area median income; or not less than 20 percent of units shall be affordable to families with incomes that are not more than 50 percent of the area median income. All laborers and mechanics employed by contractors or subcontractors in the performance of construction, alteration, or repair work on a project assisted in whole or in part by funding made available under this section shall be paid wages at rates not less than those prevailing on similar projects in the locality, as determined by the Secretary of Labor in accordance with subchapter IV of chapter 31 of title 40, United States Code (commonly referred to as the Davis-Bacon Act ). With respect to the labor standards specified in this paragraph, the Secretary of Labor shall have the authority and functions set forth in Reorganization Plan Numbered 14 of 1950 (64 Stat. 1267; 5 U.S.C. App.) and section 3145 of title 40, United States Code. The following requirements apply with respect to the construction of any housing unit using amounts provided to an entity described in subsection
(a)(in this paragraph referred to as an eligible recipient ) under the Program: Eligible recipients shall ensure that, with respect to the construction of any housing unit, not less than 15 percent of the total labor hours of the construction, alteration, or rehabilitation work (including such work performed by any contractor or subcontractor) with respect to such unit shall, subject to subparagraph (B), be performed by qualified apprentices. The requirement under subparagraph
(A)shall be subject to any applicable requirements for apprentice-to-journeyworker ratios of the Secretary of Labor or the applicable State apprenticeship agency. Each eligible recipient, contractor, or subcontractor who employs 4 or more individuals to perform construction, alteration, or repair work with respect to the construction of a housing unit shall employ 1 or more qualified apprentices to perform such work. An eligible recipient shall not be treated as failing to satisfy the requirements of this paragraph if such eligible recipient— satisfies the requirements described in clause (ii); or with respect to an eligible recipient who is not described in subclause
(I)and does not satisfy the requirements of subparagraph
(A)with respect to such housing unit, such eligible recipient pays a penalty to the Secretary of Labor in an amount equal to the product of— $50; multiplied by the total labor hours for which the requirement subparagraph
(A)was not satisfied with respect to the construction, alteration, or repair work on such housing unit. For purposes of clause (i), an eligible recipient shall be deemed to have satisfied the requirements under this paragraph with respect to a housing unit if such eligible recipient has requested qualified apprentices from a registered apprenticeship program, and— such request has been denied, as long as such denial is not the result of a refusal by the eligible recipient or any contractors or subcontractors engaged in the performance of construction, alteration, or repair work with respect to such housing unit to comply with the established standards and requirements of the registered apprenticeship program; or the registered apprenticeship program fails to respond to such request within 5 business days after the date on which such registered apprenticeship program received such request. In this paragraph: The term labor hours — means the total number of hours devoted to the performance of construction, alteration, or repair work by any individual employed by the eligible recipient or by any contractor or subcontractor; and excludes any hours worked by— foremen; superintendents; owners; or persons employed in a bona fide executive, administrative, or professional capacity (within the meaning of those terms in part 541 of title 29, Code of Federal Regulations). The term qualified apprentice means an individual who— is employed by the eligible recipient or by any contractor or subcontractor; and is participating in a registered apprenticeship program. The term registered apprenticeship program means an apprenticeship program registered under the Act of August 16, 1937 (commonly known as the National Apprenticeship Act ; 50 Stat. 664, chapter 663; 29 U.S.C. 50 et seq. ). With respect to the labor standards specified in this subsection, the Secretary of Labor shall have the authority and functions set forth in Reorganization Plan Numbered 14 of 1950 (64 Stat. 1267; 5 U.S.C. App.) and section 3145 of title 40, United States Code. There is authorized to be appropriated to the Secretary $1,000,000,000 for each of fiscal years 2026 through 2030, to remain available until expended, to carry out this section.
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- 64 Stat. 1267
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