Notification; implementation dates

(a) Notification (1) In general Not later than 60 days after the date of enactment of this Act, the Secretary shall notify each eligible recipient of the recipient's housing growth improvement rate and whether that housing growth improvement rate is above, at, or below the median housing growth improvement rate for all eligible recipients other than extremely high-growth recipients. (2) Guidance As part of the notification under paragraph (1), the Secretary shall share guidance, including resources developed by the Department of Housing and Urban Development, on best practices and recommendations on policies to reduce regulatory barriers to housing and increase housing supply. (b) Implementation dates Section 3 shall take effect beginning with the second full fiscal year after the date of enactment of this Act and remain in effect through fiscal year 2042.