Proposed
Bill · 119th Congress · HR 10325
To increase the mandatory contribution amount of Federal Home Loan Banks to the Affordable Housing Program, and for other purposes.
Refreshed 3 h ago
Introduced 2026-09-08Topic: housing · economy jobsSummary
Summary by the Congressional Research ServiceThis bill increases the required contributions of Federal Home Loan Banks to the Affordable Housing Program established by each bank. These programs subsidize interest rates for member banks to finance (1) mortgages for low- and moderate-income individuals; and (2) the purchase, construction, or rehabilitation of affordable rental housing. Specifically, the bill increases the percentage of yearly net income that each Federal Home Loan Bank must contribute to these programs from 10% to 15%.
Sponsors
- Maxine Waters Democrat sponsor
- 0 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2026-09-16 | House | Ordered to be Reported Unfavorably (Amended) by the Yeas and Nays: 21 - 28. | refer |
| 2026-09-16 | House | Committee Consideration and Mark-up Session Held | refer |
| 2026-09-08 | House | Referred to the House Committee on Financial Services. | refer |
| 2026-09-08 | Introduced in House | introduce | |
| 2026-09-08 | Introduced in House | introduce |