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119-hr-9263Committee
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Housing Supply Fund Act of 2026

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Summary

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The Housing Supply Fund Act of 2026 establishes a $500 million annual grant program (fiscal years 2026–2030) within the Treasury Department's Community Development Financial Institutions Fund to increase the supply of affordable housing. Eligible grantees—including community development financial institutions, nonprofit housing organizations, and public housing agencies—may use grants to capitalize revolving loan funds, provide loan loss reserves, facilitate mortgages for low-income buyers, and support development or preservation of affordable housing for renters and homeowners earning up to 120 percent of area median income. The bill also authorizes funding for mixed-use and transit-oriented development projects and requires geographic diversity in grant distribution across urban, suburban, rural, Tribal, and territorial areas.

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Bill details

Congress
119
Bill type
hr
Introduced
June 11, 2026
Sponsor
Shontel BrownDOH
Last action
June 11, 2026— Referred to the Committee on Financial Services, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

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