This bill seeks to alleviate the acute housing supply crisis and high housing costs across the United States. It proposes a grant program to encourage the development of pre-reviewed designs , which are standardized construction plans assessed and approved by localities to streamline permitting processes. This approach aims to make housing development faster and more predictable, thereby increasing the availability of new homes. Under this Act, the Secretary of Housing and Urban Development is authorized to award grants to eligible entities , including units of general local government, municipal membership organizations, and Indian tribes. These grants are specifically for establishing pre-reviewed designs for mixed-income housing in "covered structures," such as low-rise or mid-rise buildings with up to 25 dwelling units, including accessory dwelling units, duplexes, and townhouses. Grant applications will be evaluated based on factors like the need for affordable housing, the presence of high opportunity areas, and efforts to reduce regulatory barriers to housing development. A significant provision ensures that at least 10 percent of the allocated funds are reserved for eligible entities located in rural areas . Grant recipients will be required to report on the impact of their activities, including the number of permits issued and housing units produced using the pre-reviewed designs. The bill authorizes an appropriation of $15,000,000 annually for fiscal years 2027 through 2031, with a portion dedicated to technical assistance.