An Act amending Title 53 (Municipalities Generally) of the Pennsylvania Consolidated Statutes, establishing the Residential Economic Development District Grant Program and the Residential Economic Development District Fund.

This bill creates a new grant program in Pennsylvania to encourage the construction of workforce housing in areas that might otherwise resist such development. Local governments can apply for funding if they commit to adopting at least five specific pro-housing policies, such as reducing permit fees, allowing higher-density zoning, or eliminating parking requirements. The program aims to increase home ownership and support major economic projects by providing financial assistance to counties and municipalities that streamline their housing approval processes.