Affordable Housing and Homeownership Protection Act of 2026

This bill would create a federal tax on investors who buy single-family homes, based on how many homes they own at the end of the tax year. Investors owning 16 to 25 homes would pay 1 percent of the purchase price, those owning 26 to 100 would pay 3 percent, and those owning more than 100 would pay 5 percent. Nonprofits focused on affordable housing, state and local governments, public housing authorities, land banks, and community land trusts would be exempt, and homes the investor builds new would generally not count. Revenue from the tax would go 65 percent to the Housing Trust Fund and 35 percent to the Capital Magnet Fund. The bill would also change the minimum Housing Trust Fund amount for small states from $3 million to 1.1 percent of available funds.

Full text and official record on Congress.gov

Sponsors

• Jack Reed Democrat sponsor
• 9 cosponsors