Affordable Housing and Area Median Income Fairness Act of 2022
This bill reauthorizes through FY2032 the Community Development Block Grant and other specified programs that support affordable housing.
The bill also requires the Department of Housing and Urban Development (HUD) to assess alternative methods of calculating area median income (i.e., any metric used to refer to the median income level for a given area or jurisdiction for purposes of any program administered by HUD) and the use of alternative metrics in order to make housing more affordable for low-income families in urban areas.