Bill · H.R. 9263· House(119-HR-9263)
Housing Supply Fund Act of 2026
- Introduced
- 6/11/2026
- Last activity
- 6/11/2026 — 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.
- Sponsored by
- Shontel Brown
- Cosponsors
- - 1 - 0
- Introduced
- In Committee
What this bill would do
The Housing Supply Fund Act of 2026 aims to increase the supply of affordable homes and expand housing options. It establishes a Housing Supply Fund within the CDFI Fund, overseen by the Secretary of the Treasury. This fund will provide competitive grants to eligible grantees, including certain financial institutions and nonprofit organizations. The money is intended for the development, preservation, and financing of affordable housing for low-income families and specific homeowners. Additionally, the funds can support economic development and community service facilities related to housing. The bill appropriates $500,000,000 for each fiscal year from 2026 through 2030.
Yes· 3 of 20
Does this make housing cost less?+10
The bill directly funds the development and preservation of affordable housing for low-income families.
Would households on low incomes be better off under this?+9
The bill specifically targets low-, very low-, and extremely low-income families for housing support.
Is this likely to reduce homelessness?+6
Increasing affordable housing supply can help reduce homelessness by providing more options for vulnerable populations.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Increased Affordable Housing Options: The bill directs money toward the development, preservation, rehabilitation, and purchase of affordable housing (Section 2(b)(1)). This targets low-, very low-, and extremely low-income renters, as well as homeowners earning up to 120 percent of the area median income (Section 2(b)(1)(A)-(B)).
-
Support for Homeowners: The fund provides resources for homeowners with incomes not exceeding 120 percent of the area median income (Section 2(b)(1)(B)).
-
Diverse Housing Solutions: Grantees can use funds for various positive actions, such as converting commercial properties to affordable housing, acquiring land for housing development, and supporting the creation or rehabilitation of resident-owned manufactured housing communities (Section 2(c)(3)(A)-(B)).
-
Community and Economic Growth: The bill allows for investment in economic development and community service facilities that are related to housing (Section 2(b)(2)).
-
Geographic Inclusion: The Secretary is tasked with seeking out projects in diverse areas, which includes urban, suburban, rural, Tribal, and territorial locations (Section 2(e)(3)).
Potential Negative Impacts for People
-
Time Constraints on Funds: There is a requirement that grant amounts must be committed for use within 4 years, or the Secretary may waive or change this deadline (Section 2(g)(2)(A)).
-
Risk of Losing Funds: If the funds are not used or committed within the required timeframe, the Secretary will take the money back to use for future grant rounds (Section 2(g)(2)(B)).
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+9Good For Middle Class Households+5Good For Rural Residents+5Good For Urban Residents+5Good For Middle Aged+3Good For Native Americans+3Good For Retirees+3Good For Seniors+3Good For Students+3Good For Young Adults+3Good For Business Owners+2
- Social Issues And Justice
- Improves Affordable Housing+10Reduces Homelessness+6Improves Poverty Reduction+5
- Environment Energy And Infrastructure
- Improves Public Transit+3Improves Rural Development+3
- Economy And Finance
- Improves Economic Growth+2Increases Job Creation+2Reduces Inflation+1
- Governance And Ideology
- Increases Federal Power+1
- 10/1/2026
- 1 Cosponsor added.
- 6/11/2026
- 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.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Emilia SykesDemocrat · Ohio