Bill · H.R. 10534· House(119-HR-10534)
Affordable Housing Preservation and Protection Act of 2026
- Introduced
- 9/24/2026
- Last activity
- 9/24/2026 — Referred to the House Committee on Financial Services.
- Sponsored by
- Shontel Brown
- Cosponsors
- - 0 - 2
- Introduced
- In Committee
What this bill would do
This bill is called the Affordable Housing Preservation and Protection Act of 2026. It gives the Secretary of Housing and Urban Development the authority to offer capital assistance to owners, sponsors, or HUD-approved purchasers of eligible multifamily housing properties. The goal of this assistance is to make necessary physical improvements to distressed properties and ensure the long-term preservation of affordable housing. The bill outlines loan terms, matching requirements, and administrative duties for the Secretary to carry out the program.
Yes· 3 of 20
Would households on low incomes be better off under this?+8
Low-income households rely heavily on HUD-assisted multifamily housing, which will be rehabilitated and preserved under a 30-year affordability agreement.
Does this make housing cost less?+8
The legislation provides direct loans and capital assistance to preserve and protect affordable multifamily housing properties with a mandatory 30-year affordability use agreement.
Would people with disabilities be better off under this?+6
The bill explicitly targets accessibility deficiencies as part of the necessary physical improvements for multifamily housing projects.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Section 2(b) and Section 2(c): Owners and sponsors of distressed multifamily housing can receive direct loans, which may be forgivable, to make necessary physical improvements. This helps ensure that residents have decent, safe, and sanitary affordable housing.
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Section 2(d)(1)(C): Property owners must agree to establish or extend an affordable housing use agreement for 30 years to be eligible for loan assistance. This secures long-term affordable housing options for individuals and communities.
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Section 2(f)(1)(C): The Secretary must conduct outreach to and consultation with residents of distressed properties during implementation. This gives residents a voice and keeps them informed about the rehabilitation activities happening in their communities.
Potential Negative Impacts for People
- Section 2(d)(6)(A): Recipients of loan assistance generally must secure at least 20 percent of the total cost for necessary physical improvements from non-Federal sources. If an owner struggles to meet this match, it could delay or prevent needed repairs for residents living in distressed properties.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Low Income Households+8Good For People With Disabilities+6Good For Children+5Good For Retirees+5Good For Seniors+5Good For Urban Residents+5Good For African Americans+4Good For Business Owners+4Good For Hispanic Americans+4Good For Women+4Good For Immigrants+3Good For Rural Residents+3Good For Middle Class Households+2
- Social Issues And Justice
- Improves Affordable Housing+8Reduces Homelessness+6Improves Poverty Reduction+5
- Economy And Finance
- Improves Economic Growth+3Improves Small Business Support+2
- Environment Energy And Infrastructure
- Improves Rural Development+3
- Governance And Ideology
- Improves Government Transparency+3
- 9/24/2026
- Referred to the House Committee on Financial Services.
- 2 Cosponsors added.
- Introduced in House
Carlos GimenezRepublican · Florida
Michael LawlerRepublican · New York