Policy Impact Analysis - 117/S/3941

Bill Overview

Title: Housing Supply Expansion Act

Description: This bill modifies the federal prevailing wage rates that apply to federally assisted housing and requires the Department of Labor to review and revise its process for determining prevailing wage rates. Specifically, the bill applies the prevailing wage rate for residential construction to all housing projects that receive assistance under specified federal statutes. (Under current law, the residential construction prevailing wage rate applies to the construction, alteration, or repair of single-family homes or apartment buildings up to four floors in height.)

Sponsors: Sen. Thune, John [R-SD]

Target Audience

Population: people involved in federally assisted housing projects

Estimated Size: 500000

Reasoning

Simulated Interviews

Construction Worker (Phoenix, AZ)

Age: 34 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 10.0 years

Commonness: 10/20

Statement of Opinion:

  • If this policy ensures a better wage, it would be really helpful. More money means better security for my family.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 5
Year 3 7 5
Year 5 7 5
Year 10 8 5
Year 20 8 5

Project Manager (Austin, TX)

Age: 45 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 5.0 years

Commonness: 7/20

Statement of Opinion:

  • It's important to ensure fair wages for the workers. This policy seems like a step in the right direction.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 8 7
Year 3 8 7
Year 5 8 7
Year 10 8 7
Year 20 7 7

Contractor (Chicago, IL)

Age: 27 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 3.0 years

Commonness: 12/20

Statement of Opinion:

  • If the policy is implemented well, it could streamline project budgets and timelines. But it needs careful monitoring.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 6 6
Year 3 6 6
Year 5 6 6
Year 10 7 6
Year 20 7 6

Community Organizer (New York, NY)

Age: 52 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 10.0 years

Commonness: 5/20

Statement of Opinion:

  • This policy could support better outcomes in affordable housing projects by ensuring workers are fairly compensated.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 8 7
Year 3 8 7
Year 5 8 7
Year 10 9 7
Year 20 8 7

Retired (Detroit, MI)

Age: 61 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 0.0 years

Commonness: 20/20

Statement of Opinion:

  • The policy seems beneficial but doesn't affect me directly as I'm retired now. It's good for the younger workforce.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 6 6
Year 3 6 6
Year 5 6 6
Year 10 6 6
Year 20 6 6

Architect (Los Angeles, CA)

Age: 39 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 5.0 years

Commonness: 6/20

Statement of Opinion:

  • Fair wages can improve project sustainability but might increase initial costs. A solution that balances both would be ideal.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 8
Year 2 8 8
Year 3 8 8
Year 5 8 8
Year 10 7 8
Year 20 7 8

Apprentice Carpenter (Memphis, TN)

Age: 24 | Gender: male

Wellbeing Before Policy: 4

Duration of Impact: 15.0 years

Commonness: 8/20

Statement of Opinion:

  • Looking forward to learning more, and any increase in pay would help with my student loans.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 4
Year 2 6 4
Year 3 6 4
Year 5 7 4
Year 10 7 4
Year 20 8 5

Electrician (Miami, FL)

Age: 29 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 7.0 years

Commonness: 11/20

Statement of Opinion:

  • Our union supports measures that improve worker wages. This policy aligns with those goals.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 6 5
Year 3 7 5
Year 5 7 5
Year 10 8 5
Year 20 8 5

Public Policy Analyst (Boston, MA)

Age: 47 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 3.0 years

Commonness: 4/20

Statement of Opinion:

  • It’s a necessary step, but the real impact will depend on how it's implemented and monitored. Accountability is key.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 8
Year 2 8 8
Year 3 8 8
Year 5 8 8
Year 10 8 8
Year 20 7 8

Construction Company Owner (Seattle, WA)

Age: 41 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 7.0 years

Commonness: 3/20

Statement of Opinion:

  • Better wages might hike project costs, but it could also improve worker satisfaction and reduce turnover.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 8 7
Year 5 8 7
Year 10 8 7
Year 20 7 7

Cost Estimates

Year 1: $100000000 (Low: $80000000, High: $120000000)

Year 2: $105000000 (Low: $85000000, High: $125000000)

Year 3: $110000000 (Low: $90000000, High: $130000000)

Year 5: $120000000 (Low: $100000000, High: $140000000)

Year 10: $145000000 (Low: $120000000, High: $170000000)

Year 100: $200000000 (Low: $170000000, High: $230000000)

Key Considerations