Housing Supply Fund Act of 2026

This bill would have the Treasury Department create a Housing Supply Fund within the Community Development Financial Institutions Fund. The fund would give competitive grants to certified community development lenders, affordable housing nonprofits, or groups of them. Grantees could use the money for loan funds, loan guarantees, loan loss reserves, and mortgage funds to build, preserve, repair, or buy affordable housing for lower-income renters and for homeowners earning up to 120 percent of the area median income. The bill would provide $500 million each year from fiscal year 2026 through 2030 and designate that spending as an emergency requirement under federal budget rules. Grant money not committed within 4 years would be taken back for future grant rounds.

Full text and official record on Congress.gov

Sponsors

• Shontel M. Brown Democrat sponsor
• 1 cosponsors