1. Short title; table of contents (a) Short title This Act may be cited as the Community Housing Act of 2024 . (b) Table of contents The table of contents for this Act is as follows: Sec. 1. Short title; table of contents. Sec. 2. Congressional findings. Sec. 3. Severability. Title I—Investments in housing supply Sec. 101. Housing Trust Fund. Sec. 102. GSE basis point fee. Sec. 103. Capital Magnet Fund. Sec. 104. Investments in affordable and accessible housing production. Sec. 105. Unlocking possibilities program. Sec. 106. Shared Equity Housing Fund. Sec. 107. Repeal of Faircloth amendment. Sec. 108. Establishment of HUD Office of Community Land Use and Zoning. Sec. 109. Continuation of FHA–FFB affordable rental housing financing partnership. Sec. 110. Increase of minimum State allocations under housing programs. Title II—Rental Support and Perpetual Affordability Sec. 201. Permanent emergency rental assistance program. Sec. 202. HUD Eviction Protection Grant Program. Sec. 203. Shared equity housing resources. Sec. 204. Homeownership assistance. Sec. 205. Report on tax on secondary homes. Sec. 206. National housing information database. Title III—Rural housing Sec. 301. Permanent establishment of housing preservation and revitalization program; decoupling rental assistance. Sec. 302. Interagency Task Force to coordinate delivery of substance use disorder treatment and affordable housing availability. 2. Congressional findings The Congress finds that— (1) the cost of housing for all Americans has increased dramatically and wages have not kept pace with these increases over the last 50 years; (2) average rent in the United States has increased 24 percent between 2020 and 2023; (3) more than half of low- and moderate-income borrowers now spend between 30 and 50 percent of their income on mortgage payments; (4) rental housing subsidized by the Rural Housing Service (RHS) of the Department of Agriculture is often the only affordable option in rural communities