1. Short title This Act may be cited as the Affordable Housing and Area Median Income Fairness Act of 2024 . 2. Definitions In this Act: (1) Area median income The term area median income means median income for an area, as such term is used in section 3(b) of the United States Housing Act of 1937 ( 42 U.S.C. 1437a(b) ), median family income, and any other substantively similar metric that the Secretary uses to refer to the median income level for a given area or jurisdiction for purposes of any program administered by the Secretary. (2) High housing cost adjustment The term high housing cost adjustment means an adjustment for high housing costs or high construction costs, or any substantively similar adjustment that the Secretary may use to increase income limits for areas where the cost of housing is abnormally high compared to the median income for such area, for purposes of any program administered by the Secretary. (3) Secretary The term Secretary means the Secretary of Housing and Urban Development. 3. Urgent support for affordable housing infrastructure (a) Home Investment partnerships program (1) Authorization of appropriations There is authorized to be appropriated to carry out title II of the Cranston-Gonzalez National Affordable Housing Act ( 42 U.S.C. 1721 et seq. ) $5,000,000,000 for each of fiscal years 2025 through 2034. (2) Limitation Any amounts appropriated pursuant to paragraph (1) shall be used only for assistance for any area within a jurisdiction for which the Secretary has applied a high housing cost adjustment. (b) Community development block grants (1) Authorization of appropriations There is authorized to be appropriated for community development block grant assistance under section 106 of the Housing and Community Development Act of 1974 ( 42 U.S.C. 5306 ) $5,000,000,000 for each of fiscal years 2025 through 2034. (2) Limitation Any amounts appropriated pursuant to paragraph (1) shall be used only for assistance for any area within a jurisdiction for which the Secretary has applied a