H.R. 1776 would create a committee of consumers, industry experts, and government officials to advise the Department of Housing and Urban Development (HUD) on safety standards and regulation enforcement.  

“For many of us, buying a home is the greatest financial investment we will make in our lifetime.  This bill would ensure that all families have increased opportunities to invest in their future, regardless of income level,” Jones said.
 
H.R. 1776 also includes a provision that would allow HUD to transfer unoccupied and substandard housing to local governments and community development corporations to revitalize lower income communities.