Removing regulatory barriers to housing production

During the period that a national emergency described in section 2 is in effect— (1) sections 212(d), 218(g), and 220 of the Cranston-Gonzalez National Affordable Housing Act of 1990 (42 U.S.C. 12742(d), 12748(g), 12750), and any regulation or guidance implementing those sections, shall have no force or effect; (2) section 108(e) of the Community Development Banking and Financial Institutions Act of 1994 (12 U.S.C. 4707(e)), and any regulation or guidance implementing that section related to housing development, shall have no force or effect; (3) no housing preservation or infill project funded by the Department of Housing and Urban Development shall be subject to any Federal environmental review requirements; (4) notwithstanding any other provision of law, if more than 1 Federal program is used for the development or rehabilitation of housing, including any Federal agency action that contributes to the development or rehabilitation of housing, only 1 environmental review shall be carried out for the project pursuant to the National Environmental Policy Act of 1969 (42 U.S.C. 4321 et seq.); (5) a choice limiting action described in section 58.22 of title 24, Code of Federal Regulations, or any successor regulation, shall be permitted for any housing project funded by the Department of Housing and Urban Development; (6) any provision of law (including regulations) or guidance that prohibits the duplication of benefits under community development block grant disaster recovery grants for the development or rehabilitation of housing, including section 312 of the Robert T. Stafford Disaster Relief and Emergency Assistance Act (42 U.S.C. 5155), shall have no force or effect; and (7) the Secretary of Housing and Urban Development and the Director of the Office and Management and Budget shall expedite the waiver process under section 70914 of the Build America, Buy America Act (Public Law 117–58; 135 Stat. 1298) such that the Secretary is required to complete the waiver process within 30 days of publishing a written justification under subsection (c) of such section 70914, and if the Secretary does not complete the review within that timeframe, the waiver shall be deemed to be issued.