To establish an Office of Housing Innovation in the Department of Housing and Urban Development to assist in exploring and developing new approaches for increasing and diversifying the supply of housing and for meeting the challenges of housing shortages, housing affordability, and traffic congestion, and for other purposes.

Housing Innovation Act of 2018 This bill establishes the Office of Housing Innovation in the Department of Housing and Urban Development. The office shall carry out grant programs to support (1) planning efforts that address housing needs in urban areas; (2) research and studies to support, inform, and advise local governments on their plans for new housing and community development; and (3) outreach programs focused on issues related to housing, community development, and regional planning.