Affordable Housing and Area Median Income Fairness Act of 2026

This bill would authorize $5 billion a year for fiscal years 2026 through 2035 for each of three federal housing programs: the HOME Investment Partnerships Program, Community Development Block Grants, and the Housing Trust Fund. The money could be used only in areas where the Department of Housing and Urban Development (HUD) has applied a high housing cost adjustment to income limits. The bill would also require HUD to study other ways to calculate area median income, or other measures to use instead, for its housing programs. HUD would have to report its findings to Congress and the public within two years, including an analysis of how Westchester and Rockland Counties affect New York City's area median income.

Full text and official record on Congress.gov

Sponsors

• Yvette D. Clarke Democrat sponsor
• 14 cosponsors